Dirkjan Decock: what changed
Two fiscal 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.
Dirkjan Decock
Largest movements
- Receivables within one year -€124,206
down €124,206 (-99.6%), from €124,674 to €468
of which Other amounts receivable: -€120,983
- Tangible fixed assets -€13,301
down €13,301 (-21.4%), from €62,214 to €48,913
of which Plant, machinery and equipment: -€8,842
- Cash +€10,332
up €10,332 (+52.0%), from €19,879 to €30,211
mainly Receivables within one year (+€124,206) and Other debts (+€45,370)
- Trade debts -€175,557
down €175,557 (-86.4%), from €203,205 to €27,649
- Other debts +€45,370
new in 2025: €45,370
- Profit (loss) carried forward +€12,573
up €12,573 (+50.3%), from -€24,986 to -€12,414
- Advances received -€6,454
down €6,454 (-41.6%), from €15,532 to €9,078
- Tax, wage and social debts -€2,790
down €2,790 (-17.4%), from €15,989 to €13,199
of which Taxes: -€1,546
- Gross operating margin +€92,372
up €92,372, from -€3,358 to €89,013
- Staff costs +€44,632
up €44,632 (+360.5%), from €12,380 to €57,012
- Depreciation +€9,912
up €9,912 (+292.5%), from €3,389 to €13,301
- Financial charges +€1,256
up €1,256 (+103.1%), from €1,218 to €2,474
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 | €210,430 | €83,200 | -€127,230 | -60.5% |
| Fixed assets | 21/28 | €62,215 | €48,914 | -€13,301 | -21.4% |
| Intangible fixed assets | 21 | €1 | €1 | -€0 | -28.4% |
| Tangible fixed assets | 22/27 | €62,214 | €48,913 | -€13,301 | -21.4% |
| Plant, machinery and equipment | 23 | €41,958 | €33,116 | -€8,842 | -21.1% |
| Furniture and vehicles | 24 | €20,256 | €15,797 | -€4,459 | -22.0% |
| Current assets | 29/58 | €148,215 | €34,286 | -€113,929 | -76.9% |
| Stocks and contracts in progress | 3 | €2,557 | €2,471 | -€86 | -3.4% |
| Stocks | 30/36 | €2,557 | €2,471 | -€86 | -3.4% |
| Amounts receivable within one year | 40/41 | €124,674 | €468 | -€124,206 | -99.6% |
| Trade receivables | 40 | €3,223 | €0 | -€3,223 | -100.0% |
| Other amounts receivable | 41 | €121,451 | €468 | -€120,983 | -99.6% |
| Cash at bank and in hand | 54/58 | €19,879 | €30,211 | +€10,332 | +52.0% |
| Deferred charges and accrued income | 490/1 | €1,105 | €1,135 | +€30 | +2.8% |
| Total equity and liabilities | 10/49 | €210,430 | €83,200 | -€127,230 | -60.5% |
| Equity | 10/15 | -€24,886 | -€12,314 | +€12,573 | +50.5% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,986 | -€12,414 | +€12,573 | +50.3% |
| Amounts payable | 17/49 | €235,316 | €95,513 | -€139,803 | -59.4% |
| Amounts payable within one year | 42/48 | €235,316 | €95,513 | -€139,803 | -59.4% |
| Financial debts | 43 | €590 | €217 | -€373 | -63.2% |
| Credit institutions | 430/8 | €590 | €217 | -€373 | -63.2% |
| Trade debts | 44 | €203,205 | €27,649 | -€175,557 | -86.4% |
| Suppliers | 440/4 | €203,205 | €27,649 | -€175,557 | -86.4% |
| Advances received on contracts in progress | 46 | €15,532 | €9,078 | -€6,454 | -41.6% |
| Taxes, remuneration and social security | 45 | €15,989 | €13,199 | -€2,790 | -17.4% |
| Taxes | 450/3 | €9,867 | €8,320 | -€1,546 | -15.7% |
| Remuneration and social security | 454/9 | €6,122 | €4,879 | -€1,243 | -20.3% |
| Other amounts payable | 47/48 | - | €45,370 | +€45,370 | |
| Remuneration, social security and pensions | 62 | €12,380 | €57,012 | +€44,632 | +360.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,389 | €13,301 | +€9,912 | +292.5% |
| Other operating charges | 640/8 | €4,641 | €4,287 | -€355 | -7.6% |
| Gross operating margin | 9900 | -€3,358 | €89,013 | +€92,372 | |
| Operating profit (loss) | 9901 | -€23,769 | €14,414 | +€38,182 | |
| Financial income | 75/76B | €0 | €634 | +€634 | +1267440.0% |
| Recurring financial income | 75 | €0 | €634 | +€634 | +1267440.0% |
| Financial charges | 65/66B | €1,218 | €2,474 | +€1,256 | +103.1% |
| Recurring financial charges | 65 | €1,218 | €2,474 | +€1,256 | +103.1% |
| Profit (loss) for the period before taxes | 9903 | -€24,986 | €12,574 | +€37,560 | |
| Income taxes | 67/77 | - | €1 | +€1 | |
| Profit (loss) for the period | 9904 | -€24,986 | €12,573 | +€37,559 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,986 | €12,573 | +€37,559 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.