Edouard Decamp: 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.
Edouard Decamp
Largest movements
- Tangible fixed assets +€70,512
up €70,512 (+7,466%), from €944 to €71,456
- Cash -€7,897
down €7,897 (-38.8%), from €20,351 to €12,453
mainly Investment in fixed assets (net) (-€71,222) and Net result for the year (-€4,097)
- Other debts +€67,923
up €67,923 (+321%), from €21,130 to €89,053
- Profit (loss) carried forward -€4,097
down €4,097 (-93.6%), from €4,375 to €278
- Gross operating margin -€9,662
down €9,662, from €6,287 to -€3,375
- Taxes -€1,491
no longer reported in 2026 (was €1,491)
- Financial income -€216
down €216 (-76.1%), from €284 to €68
- Depreciation +€195
up €195 (+37.9%), from €515 to €710
- Financial charges -€110
down €110 (-57.9%), from €190 to €80
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €27,443 | €90,899 | +€63,456 | +231% |
| Fixed assets | 21/28 | €944 | €71,456 | +€70,512 | +7,466% |
| Tangible fixed assets | 22/27 | €944 | €71,456 | +€70,512 | +7,466% |
| Furniture and vehicles | 24 | €944 | €71,456 | +€70,512 | +7,466% |
| Current assets | 29/58 | €26,498 | €19,443 | -€7,056 | -26.6% |
| Amounts receivable within one year | 40/41 | €6,148 | €6,989 | +€842 | +13.7% |
| Other amounts receivable | 41 | €6,148 | €6,989 | +€842 | +13.7% |
| Cash at bank and in hand | 54/58 | €20,351 | €12,453 | -€7,897 | -38.8% |
| Total equity and liabilities | 10/49 | €27,443 | €90,899 | +€63,456 | +231% |
| Equity | 10/15 | €5,375 | €1,278 | -€4,097 | -76.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,375 | €278 | -€4,097 | -93.6% |
| Amounts payable | 17/49 | €22,068 | €89,620 | +€67,553 | +306% |
| Amounts payable within one year | 42/48 | €22,068 | €89,620 | +€67,553 | +306% |
| Trade debts | 44 | €937 | €567 | -€370 | -39.5% |
| Suppliers | 440/4 | €937 | €567 | -€370 | -39.5% |
| Other amounts payable | 47/48 | €21,130 | €89,053 | +€67,923 | +321% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €515 | €710 | +€195 | +37.9% |
| Gross operating margin | 9900 | €6,287 | -€3,375 | -€9,662 | |
| Operating profit (loss) | 9901 | €5,772 | -€4,085 | -€9,857 | |
| Financial income | 75/76B | €284 | €68 | -€216 | -76.1% |
| Recurring financial income | 75 | €284 | €68 | -€216 | -76.1% |
| Financial charges | 65/66B | €190 | €80 | -€110 | -57.9% |
| Recurring financial charges | 65 | €190 | €80 | -€110 | -57.9% |
| Profit (loss) for the period before taxes | 9903 | €5,866 | -€4,097 | -€9,963 | |
| Income taxes | 67/77 | €1,491 | - | -€1,491 | |
| Profit (loss) for the period | 9904 | €4,375 | -€4,097 | -€8,472 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,375 | -€4,097 | -€8,472 |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.