DR. A. DECKERS: 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.
DR. A. DECKERS
Largest movements
- Receivables within one year +€18,460
up €18,460 (+75.0%), from €24,615 to €43,075
of which Other amounts receivable: +€20,659
- Deferred charges and accrued income -€13,649
down €13,649 (-74.0%), from €18,456 to €4,807
- Tangible fixed assets -€11,254
down €11,254 (-28.8%), from €39,117 to €27,863
of which Furniture and vehicles: -€8,964
- Other debts -€8,924
down €8,924 (-5.0%), from €177,000 to €168,076
- Trade debts +€6,895
up €6,895 (+1677.6%), from €411 to €7,306
- Accrued charges and deferred income -€6,004
no longer reported in 2025 (was €6,004)
- Gross operating margin -€11,726
down €11,726 (-4.9%), from €239,649 to €227,923
- Taxes -€2,737
down €2,737 (-5.2%), from €52,376 to €49,639
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 | €463,488 | €454,257 | -€9,231 | -2.0% |
| Fixed assets | 21/28 | €39,117 | €27,863 | -€11,254 | -28.8% |
| Tangible fixed assets | 22/27 | €39,117 | €27,863 | -€11,254 | -28.8% |
| Plant, machinery and equipment | 23 | €11,600 | €10,910 | -€690 | -5.9% |
| Furniture and vehicles | 24 | €24,650 | €15,686 | -€8,964 | -36.4% |
| Leasing and similar rights | 25 | €2,867 | €1,267 | -€1,600 | -55.8% |
| Current assets | 29/58 | €424,371 | €426,394 | +€2,023 | +0.5% |
| Amounts receivable within one year | 40/41 | €24,615 | €43,075 | +€18,460 | +75.0% |
| Trade receivables | 40 | €18,750 | €16,551 | -€2,199 | -11.7% |
| Other amounts receivable | 41 | €5,865 | €26,524 | +€20,659 | +352.2% |
| Current investments | 50/53 | €200,000 | €200,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €181,300 | €178,512 | -€2,788 | -1.5% |
| Deferred charges and accrued income | 490/1 | €18,456 | €4,807 | -€13,649 | -74.0% |
| Total equity and liabilities | 10/49 | €463,488 | €454,257 | -€9,231 | -2.0% |
| Equity | 10/15 | €276,330 | €276,375 | +€45 | 0.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €266,000 | €266,000 | = | 0.0% |
| Distributable reserves | 133 | €266,000 | €266,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €330 | €375 | +€45 | +13.6% |
| Amounts payable | 17/49 | €187,158 | €177,882 | -€9,276 | -5.0% |
| Amounts payable within one year | 42/48 | €181,154 | €177,882 | -€3,272 | -1.8% |
| Trade debts | 44 | €411 | €7,306 | +€6,895 | +1677.6% |
| Suppliers | 440/4 | €411 | €7,306 | +€6,895 | +1677.6% |
| Taxes, remuneration and social security | 45 | €3,743 | €2,500 | -€1,243 | -33.2% |
| Taxes | 450/3 | €3,743 | €2,500 | -€1,243 | -33.2% |
| Other amounts payable | 47/48 | €177,000 | €168,076 | -€8,924 | -5.0% |
| Accrued charges and deferred income | 492/3 | €6,004 | - | -€6,004 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,115 | €13,796 | +€681 | +5.2% |
| Other operating charges | 640/8 | €616 | €610 | -€6 | -1.0% |
| Gross operating margin | 9900 | €239,649 | €227,923 | -€11,726 | -4.9% |
| Operating profit (loss) | 9901 | €225,918 | €213,517 | -€12,401 | -5.5% |
| Financial income | 75/76B | €3,871 | €4,768 | +€897 | +23.2% |
| Recurring financial income | 75 | €3,871 | €4,768 | +€897 | +23.2% |
| Financial charges | 65/66B | €480 | €601 | +€121 | +25.2% |
| Recurring financial charges | 65 | €480 | €601 | +€121 | +25.2% |
| Profit (loss) for the period before taxes | 9903 | €229,309 | €217,684 | -€11,625 | -5.1% |
| Income taxes | 67/77 | €52,376 | €49,639 | -€2,737 | -5.2% |
| Profit (loss) for the period | 9904 | €176,933 | €168,045 | -€8,888 | -5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €176,933 | €168,045 | -€8,888 | -5.0% |
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 8 October 2026 via checked.be.