FS DECO: 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.
FS DECO
Largest movements
- Tangible fixed assets -€13,072
down €13,072 (-41.3%), from €31,623 to €18,551
of which Furniture and vehicles: -€12,893
- Cash +€3,357
up €3,357 (+118%), from €2,850 to €6,207
mainly Depreciation (+€14,228) and Net result for the year (+€8,321)
- Receivables within one year +€1,839
up €1,839 (+17.9%), from €10,289 to €12,129
of which Trade receivables: +€2,374
- Deferred charges and accrued income -€739
down €739 (-42.8%), from €1,727 to €988
- Debts after one year -€13,042
down €13,042 (-46.2%), from €28,260 to €15,217
- Profit (loss) carried forward +€8,321
up €8,321 (+67.6%), from -€12,309 to -€3,988
- Trade debts -€7,415
down €7,415 (-88.2%), from €8,411 to €996
- Other debts +€4,332
up €4,332 (+427%), from €1,015 to €5,346
- Tax, wage and social debts -€1,164
down €1,164 (-21.5%), from €5,424 to €4,260
of which Taxes: -€2,464
- Gross operating margin +€31,468
up €31,468, from -€5,916 to €25,552
- Depreciation +€3,219
up €3,219 (+29.2%), from €11,009 to €14,228
- Other operating charges -€379
down €379 (-22.6%), from €1,680 to €1,301
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 | €46,490 | €37,874 | -€8,615 | -18.5% |
| Fixed assets | 21/28 | €31,623 | €18,551 | -€13,072 | -41.3% |
| Tangible fixed assets | 22/27 | €31,623 | €18,551 | -€13,072 | -41.3% |
| Plant, machinery and equipment | 23 | €574 | €395 | -€180 | -31.3% |
| Furniture and vehicles | 24 | €31,049 | €18,156 | -€12,893 | -41.5% |
| Current assets | 29/58 | €14,867 | €19,324 | +€4,457 | +30.0% |
| Amounts receivable within one year | 40/41 | €10,289 | €12,129 | +€1,839 | +17.9% |
| Trade receivables | 40 | €8,506 | €10,881 | +€2,374 | +27.9% |
| Other amounts receivable | 41 | €1,783 | €1,248 | -€535 | -30.0% |
| Cash at bank and in hand | 54/58 | €2,850 | €6,207 | +€3,357 | +118% |
| Deferred charges and accrued income | 490/1 | €1,727 | €988 | -€739 | -42.8% |
| Total equity and liabilities | 10/49 | €46,490 | €37,874 | -€8,615 | -18.5% |
| Equity | 10/15 | -€9,309 | -€988 | +€8,321 | +89.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,309 | -€3,988 | +€8,321 | +67.6% |
| Amounts payable | 17/49 | €55,798 | €38,862 | -€16,936 | -30.4% |
| Amounts payable after more than one year | 17 | €28,260 | €15,217 | -€13,042 | -46.2% |
| Financial debts | 170/4 | €28,260 | €15,217 | -€13,042 | -46.2% |
| Amounts payable within one year | 42/48 | €27,539 | €23,645 | -€3,894 | -14.1% |
| Current portion of amounts payable after more than one year | 42 | €12,689 | €13,042 | +€353 | +2.8% |
| Trade debts | 44 | €8,411 | €996 | -€7,415 | -88.2% |
| Suppliers | 440/4 | €8,411 | €996 | -€7,415 | -88.2% |
| Taxes, remuneration and social security | 45 | €5,424 | €4,260 | -€1,164 | -21.5% |
| Taxes | 450/3 | €3,724 | €1,260 | -€2,464 | -66.2% |
| Remuneration and social security | 454/9 | €1,700 | €3,000 | +€1,300 | +76.5% |
| Other amounts payable | 47/48 | €1,015 | €5,346 | +€4,332 | +427% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,009 | €14,228 | +€3,219 | +29.2% |
| Other operating charges | 640/8 | €1,680 | €1,301 | -€379 | -22.6% |
| Gross operating margin | 9900 | -€5,916 | €25,552 | +€31,468 | |
| Operating profit (loss) | 9901 | -€18,605 | €10,023 | +€28,628 | |
| Financial income | 75/76B | €0 | €2 | +€2 | +19,900% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +19,900% |
| Financial charges | 65/66B | €1,617 | €1,515 | -€102 | -6.3% |
| Recurring financial charges | 65 | €1,617 | €1,515 | -€102 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | -€20,222 | €8,510 | +€28,732 | |
| Income taxes | 67/77 | €148 | €189 | +€41 | +27.8% |
| Profit (loss) for the period | 9904 | -€20,370 | €8,321 | +€28,691 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,370 | €8,321 | +€28,691 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.