EL DECO: 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.
EL DECO
Largest movements
- Cash +€31,961
up €31,961 (+128.2%), from €24,933 to €56,894
mainly Net result for the year (+€20,817) and Tax, wage and social debts (+€11,297)
- Stocks and contracts +€6,355
up €6,355 (+39.1%), from €16,235 to €22,590
- Receivables within one year +€3,432
up €3,432 (+32.7%), from €10,490 to €13,922
of which Trade receivables: +€4,322
- Profit (loss) carried forward +€20,816
up €20,816 (+187.4%), from €11,107 to €31,923
- Tax, wage and social debts +€11,297
up €11,297 (+115.7%), from €9,765 to €21,062
of which Taxes: +€10,333
- Trade debts +€8,367
up €8,367 (+48.9%), from €17,111 to €25,478
- Other debts +€1,268
up €1,268 (+11.9%), from €10,675 to €11,943
- Purchases and services -€74,076
down €74,076 (-22.1%), from €334,971 to €260,895
- Gross operating margin +€42,312
up €42,312 (+326.1%), from €12,974 to €55,286
- Staff costs +€24,559
new in 2024: €24,559
- Taxes +€5,837
up €5,837 (+245.2%), from €2,381 to €8,218
- Other operating charges -€2,733
down €2,733 (-78.9%), from €3,464 to €731
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €51,658 | €93,406 | +€41,748 | +80.8% |
| Current assets | 29/58 | €51,658 | €93,406 | +€41,748 | +80.8% |
| Stocks and contracts in progress | 3 | €16,235 | €22,590 | +€6,355 | +39.1% |
| Stocks | 30/36 | €16,235 | €22,590 | +€6,355 | +39.1% |
| Amounts receivable within one year | 40/41 | €10,490 | €13,922 | +€3,432 | +32.7% |
| Trade receivables | 40 | €9,600 | €13,922 | +€4,322 | +45.0% |
| Other amounts receivable | 41 | €890 | - | -€890 | |
| Cash at bank and in hand | 54/58 | €24,933 | €56,894 | +€31,961 | +128.2% |
| Total equity and liabilities | 10/49 | €51,658 | €93,406 | +€41,748 | +80.8% |
| Equity | 10/15 | €14,107 | €34,923 | +€20,816 | +147.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,107 | €31,923 | +€20,816 | +187.4% |
| Amounts payable | 17/49 | €37,552 | €58,483 | +€20,931 | +55.7% |
| Amounts payable within one year | 42/48 | €37,552 | €58,483 | +€20,931 | +55.7% |
| Trade debts | 44 | €17,111 | €25,478 | +€8,367 | +48.9% |
| Suppliers | 440/4 | €17,111 | €25,478 | +€8,367 | +48.9% |
| Taxes, remuneration and social security | 45 | €9,765 | €21,062 | +€11,297 | +115.7% |
| Taxes | 450/3 | €3,765 | €14,098 | +€10,333 | +274.4% |
| Remuneration and social security | 454/9 | €6,000 | €6,964 | +€964 | +16.1% |
| Other amounts payable | 47/48 | €10,675 | €11,943 | +€1,268 | +11.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €334,971 | €260,895 | -€74,076 | -22.1% |
| Remuneration, social security and pensions | 62 | - | €24,559 | +€24,559 | |
| Other operating charges | 640/8 | €3,464 | €731 | -€2,733 | -78.9% |
| Gross operating margin | 9900 | €12,974 | €55,286 | +€42,312 | +326.1% |
| Operating profit (loss) | 9901 | €9,511 | €29,996 | +€20,485 | +215.4% |
| Financial charges | 65/66B | €1,071 | €961 | -€110 | -10.2% |
| Recurring financial charges | 65 | €1,071 | €961 | -€110 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €8,440 | €29,035 | +€20,595 | +244.0% |
| Income taxes | 67/77 | €2,381 | €8,218 | +€5,837 | +245.2% |
| Profit (loss) for the period | 9904 | €6,059 | €20,817 | +€14,758 | +243.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,059 | €20,817 | +€14,758 | +243.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.