ETS DECOT: 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.
ETS DECOT
Largest movements
- Receivables within one year +€6,631
up €6,631 (+53.5%), from €12,393 to €19,023
of which Trade receivables: +€3,555
- Cash +€5,279
up €5,279 (+48.5%), from €10,893 to €16,172
mainly Trade debts (+€7,886) and Depreciation (+€5,664)
- Tangible fixed assets -€2,935
down €2,935 (-16.0%), from €18,353 to €15,419
of which Furniture and vehicles: -€2,264
- Intangible fixed assets -€1,250
down €1,250 (-10.8%), from €11,563 to €10,313
- Trade debts +€7,886
up €7,886 (+191%), from €4,127 to €12,013
- Profit (loss) carried forward +€5,462
up €5,462 (+38.9%), from €14,028 to €19,490
- Debts after one year -€4,356
down €4,356 (-25.4%), from €17,181 to €12,825
- Other debts +€2,274
up €2,274 (+53.0%), from €4,287 to €6,561
- Advances received -€2,084
down €2,084 (-59.5%), from €3,500 to €1,416
- Gross operating margin -€7,749
down €7,749 (-33.3%), from €23,276 to €15,527
- Taxes -€2,071
down €2,071 (-58.8%), from €3,522 to €1,451
- Depreciation +€1,584
up €1,584 (+38.8%), from €4,080 to €5,664
- Other operating charges +€1,074
up €1,074 (+553%), from €194 to €1,268
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 | €53,797 | €61,216 | +€7,419 | +13.8% |
| Fixed assets | 21/28 | €29,916 | €25,731 | -€4,185 | -14.0% |
| Intangible fixed assets | 21 | €11,563 | €10,313 | -€1,250 | -10.8% |
| Tangible fixed assets | 22/27 | €18,353 | €15,419 | -€2,935 | -16.0% |
| Plant, machinery and equipment | 23 | €2,125 | €1,625 | -€500 | -23.5% |
| Furniture and vehicles | 24 | €15,416 | €13,152 | -€2,264 | -14.7% |
| Other tangible fixed assets | 26 | €812 | €641 | -€171 | -21.0% |
| Current assets | 29/58 | €23,881 | €35,485 | +€11,604 | +48.6% |
| Amounts receivable within one year | 40/41 | €12,393 | €19,023 | +€6,631 | +53.5% |
| Trade receivables | 40 | €10,941 | €14,496 | +€3,555 | +32.5% |
| Other amounts receivable | 41 | €1,452 | €4,528 | +€3,076 | +212% |
| Cash at bank and in hand | 54/58 | €10,893 | €16,172 | +€5,279 | +48.5% |
| Deferred charges and accrued income | 490/1 | €596 | €290 | -€306 | -51.4% |
| Total equity and liabilities | 10/49 | €53,797 | €61,216 | +€7,419 | +13.8% |
| Equity | 10/15 | €17,028 | €22,490 | +€5,462 | +32.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,028 | €19,490 | +€5,462 | +38.9% |
| Amounts payable | 17/49 | €36,769 | €38,726 | +€1,957 | +5.3% |
| Amounts payable after more than one year | 17 | €17,181 | €12,825 | -€4,356 | -25.4% |
| Financial debts | 170/4 | €17,181 | €12,825 | -€4,356 | -25.4% |
| Amounts payable within one year | 42/48 | €19,588 | €25,901 | +€6,313 | +32.2% |
| Current portion of amounts payable after more than one year | 42 | €4,052 | €4,356 | +€304 | +7.5% |
| Trade debts | 44 | €4,127 | €12,013 | +€7,886 | +191% |
| Suppliers | 440/4 | €4,127 | €12,013 | +€7,886 | +191% |
| Advances received on contracts in progress | 46 | €3,500 | €1,416 | -€2,084 | -59.5% |
| Taxes, remuneration and social security | 45 | €3,622 | €1,555 | -€2,067 | -57.1% |
| Taxes | 450/3 | €3,622 | €1,555 | -€2,067 | -57.1% |
| Other amounts payable | 47/48 | €4,287 | €6,561 | +€2,274 | +53.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,080 | €5,664 | +€1,584 | +38.8% |
| Other operating charges | 640/8 | €194 | €1,268 | +€1,074 | +553% |
| Gross operating margin | 9900 | €23,276 | €15,527 | -€7,749 | -33.3% |
| Operating profit (loss) | 9901 | €19,002 | €8,596 | -€10,407 | -54.8% |
| Financial charges | 65/66B | €1,452 | €1,683 | +€230 | +15.9% |
| Recurring financial charges | 65 | €1,452 | €1,683 | +€230 | +15.9% |
| Profit (loss) for the period before taxes | 9903 | €17,550 | €6,913 | -€10,637 | -60.6% |
| Income taxes | 67/77 | €3,522 | €1,451 | -€2,071 | -58.8% |
| Profit (loss) for the period | 9904 | €14,028 | €5,462 | -€8,567 | -61.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,028 | €5,462 | -€8,567 | -61.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.