DEKOVA: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
DEKOVA
Largest movements
- Receivables after one year +€150,000
up €150,000 (+54.5%), from €275,000 to €425,000
- Current investments +€100,000
up €100,000 (+20.0%), from €500,000 to €600,000
- Receivables within one year +€56,047
up €56,047 (+659.4%), from €8,500 to €64,547
of which Other amounts receivable: +€37,625
- Reserves +€154,408
up €154,408 (+17.7%), from €870,972 to €1.0m
of which Distributable reserves: +€154,408
- Debts after one year +€150,000
up €150,000 (+54.5%), from €275,000 to €425,000
- Accrued charges and deferred income +€17,252
up €17,252 (+307.9%), from €5,604 to €22,857
- Financial charges +€16,972
up €16,972 (+255.0%), from €6,655 to €23,627
- Financial income +€16,620
up €16,620 (+81.6%), from €20,356 to €36,976
- Gross operating margin -€10,564
down €10,564 (-4.4%), from €237,909 to €227,345
- Taxes -€4,513
down €4,513 (-6.3%), from €71,982 to €67,469
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,281,050 | €1,596,815 | +€315,765 | +24.6% |
| Fixed assets | 21/28 | €282,463 | €277,143 | -€5,320 | -1.9% |
| Tangible fixed assets | 22/27 | €282,463 | €277,143 | -€5,320 | -1.9% |
| Land and buildings | 22 | €279,774 | €266,671 | -€13,103 | -4.7% |
| Furniture and vehicles | 24 | €2,689 | €10,472 | +€7,783 | +289.4% |
| Current assets | 29/58 | €998,587 | €1,319,672 | +€321,085 | +32.2% |
| Amounts receivable after more than one year | 29 | €275,000 | €425,000 | +€150,000 | +54.5% |
| Other amounts receivable | 291 | €275,000 | €425,000 | +€150,000 | +54.5% |
| Amounts receivable within one year | 40/41 | €8,500 | €64,547 | +€56,047 | +659.4% |
| Trade receivables | 40 | €0 | €18,422 | +€18,422 | |
| Other amounts receivable | 41 | €8,500 | €46,125 | +€37,625 | +442.6% |
| Current investments | 50/53 | €500,000 | €600,000 | +€100,000 | +20.0% |
| Cash at bank and in hand | 54/58 | €209,483 | €212,828 | +€3,344 | +1.6% |
| Deferred charges and accrued income | 490/1 | €5,604 | €17,298 | +€11,693 | +208.7% |
| Total equity and liabilities | 10/49 | €1,281,050 | €1,596,815 | +€315,765 | +24.6% |
| Equity | 10/15 | €889,572 | €1,043,980 | +€154,408 | +17.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €870,972 | €1,025,380 | +€154,408 | +17.7% |
| Non-distributable reserves | 130/1 | €1,234 | €1,234 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,234 | €1,234 | = | 0.0% |
| Distributable reserves | 133 | €869,738 | €1,024,146 | +€154,408 | +17.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €391,479 | €552,835 | +€161,357 | +41.2% |
| Amounts payable after more than one year | 17 | €275,000 | €425,000 | +€150,000 | +54.5% |
| Financial debts | 170/4 | €275,000 | €425,000 | +€150,000 | +54.5% |
| Amounts payable within one year | 42/48 | €110,875 | €104,979 | -€5,896 | -5.3% |
| Financial debts | 43 | €10,146 | €0 | -€10,146 | -100.0% |
| Credit institutions | 430/8 | €10,146 | €0 | -€10,146 | -100.0% |
| Trade debts | 44 | €109 | €445 | +€336 | +308.1% |
| Suppliers | 440/4 | €109 | €445 | +€336 | +308.1% |
| Taxes, remuneration and social security | 45 | €26,303 | €25,265 | -€1,038 | -3.9% |
| Taxes | 450/3 | €26,303 | €25,265 | -€1,038 | -3.9% |
| Other amounts payable | 47/48 | €74,317 | €79,269 | +€4,952 | +6.7% |
| Accrued charges and deferred income | 492/3 | €5,604 | €22,857 | +€17,252 | +307.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,589 | €14,542 | -€47 | -0.3% |
| Other operating charges | 640/8 | €4,405 | €4,275 | -€130 | -2.9% |
| Gross operating margin | 9900 | €237,909 | €227,345 | -€10,564 | -4.4% |
| Operating profit (loss) | 9901 | €218,915 | €208,528 | -€10,387 | -4.7% |
| Financial income | 75/76B | €20,356 | €36,976 | +€16,620 | +81.6% |
| Recurring financial income | 75 | €20,356 | €36,976 | +€16,620 | +81.6% |
| Financial charges | 65/66B | €6,655 | €23,627 | +€16,972 | +255.0% |
| Recurring financial charges | 65 | €6,655 | €23,627 | +€16,972 | +255.0% |
| Profit (loss) for the period before taxes | 9903 | €232,617 | €221,877 | -€10,739 | -4.6% |
| Income taxes | 67/77 | €71,982 | €67,469 | -€4,513 | -6.3% |
| Profit (loss) for the period | 9904 | €160,634 | €154,408 | -€6,226 | -3.9% |
| Profit (loss) for the period to be appropriated | 9905 | €160,634 | €154,408 | -€6,226 | -3.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.