DELPHINE DECOCK: 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.
DELPHINE DECOCK
Largest movements
- Tangible fixed assets +€25,512
up €25,512 (+1,634%), from €1,562 to €27,073
of which Furniture and vehicles: +€22,901
- Receivables within one year -€13,002
down €13,002 (-98.5%), from €13,206 to €204
of which Other amounts receivable: -€12,168
- Cash +€4,593
up €4,593 (+8.5%), from €53,982 to €58,576
mainly Net result for the year (+€28,035) and Other debts (+€13,508)
- Other debts +€13,508
up €13,508 (+71.4%), from €18,910 to €32,417
- Tax, wage and social debts +€2,738
up €2,738 (+42.1%), from €6,506 to €9,243
of which Remuneration and social security: +€1,700
- Gross operating margin +€17,973
up €17,973 (+75.3%), from €23,854 to €41,827
- Taxes +€3,448
up €3,448 (+70.5%), from €4,890 to €8,338
- Depreciation +€1,208
up €1,208 (+43.2%), from €2,794 to €4,001
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.
Derived cash bridge
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 | €69,852 | €86,124 | +€16,271 | +23.3% |
| Formation expenses | 20 | €1,103 | €271 | -€832 | -75.4% |
| Fixed assets | 21/28 | €1,562 | €27,073 | +€25,512 | +1,634% |
| Tangible fixed assets | 22/27 | €1,562 | €27,073 | +€25,512 | +1,634% |
| Plant, machinery and equipment | 23 | - | €2,611 | +€2,611 | |
| Furniture and vehicles | 24 | €1,562 | €24,462 | +€22,901 | +1,466% |
| Current assets | 29/58 | €67,188 | €58,779 | -€8,408 | -12.5% |
| Amounts receivable within one year | 40/41 | €13,206 | €204 | -€13,002 | -98.5% |
| Trade receivables | 40 | €834 | - | -€834 | |
| Other amounts receivable | 41 | €12,372 | €204 | -€12,168 | -98.4% |
| Cash at bank and in hand | 54/58 | €53,982 | €58,576 | +€4,593 | +8.5% |
| Total equity and liabilities | 10/49 | €69,852 | €86,124 | +€16,271 | +23.3% |
| Equity | 10/15 | €43,851 | €43,851 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €40,851 | €40,851 | = | 0.0% |
| Distributable reserves | 133 | €40,851 | €40,851 | = | 0.0% |
| Amounts payable | 17/49 | €26,001 | €42,272 | +€16,271 | +62.6% |
| Amounts payable within one year | 42/48 | €26,001 | €42,272 | +€16,271 | +62.6% |
| Trade debts | 44 | €585 | €611 | +€26 | +4.5% |
| Suppliers | 440/4 | €585 | €611 | +€26 | +4.5% |
| Taxes, remuneration and social security | 45 | €6,506 | €9,243 | +€2,738 | +42.1% |
| Taxes | 450/3 | €6,506 | €7,543 | +€1,037 | +15.9% |
| Remuneration and social security | 454/9 | - | €1,700 | +€1,700 | |
| Other amounts payable | 47/48 | €18,910 | €32,417 | +€13,508 | +71.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,794 | €4,001 | +€1,208 | +43.2% |
| Other operating charges | 640/8 | €1,315 | €1,362 | +€47 | +3.6% |
| Gross operating margin | 9900 | €23,854 | €41,827 | +€17,973 | +75.3% |
| Operating profit (loss) | 9901 | €19,745 | €36,463 | +€16,718 | +84.7% |
| Financial income | 75/76B | €1 | €1 | +€1 | +110% |
| Recurring financial income | 75 | €1 | €1 | +€1 | +110% |
| Financial charges | 65/66B | €101 | €92 | -€9 | -9.3% |
| Recurring financial charges | 65 | €101 | €92 | -€9 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €19,645 | €36,373 | +€16,728 | +85.2% |
| Income taxes | 67/77 | €4,890 | €8,338 | +€3,448 | +70.5% |
| Profit (loss) for the period | 9904 | €14,755 | €28,035 | +€13,280 | +90.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,755 | €28,035 | +€13,280 | +90.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.