JOHAN DECOENE: 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.
JOHAN DECOENE
Largest movements
- Tangible fixed assets -€10,703
down €10,703 (-48.1%), from €22,274 to €11,571
of which Furniture and vehicles: -€7,084
- Cash -€9,639
down €9,639 (-37.1%), from €26,000 to €16,361
mainly Receivables within one year (-€9,411) and Tax, wage and social debts (-€5,576)
- Receivables within one year +€9,411
up €9,411 (+58.6%), from €16,068 to €25,479
of which Trade receivables: +€5,237
- Stocks and contracts -€6,000
no longer reported in 2025 (was €6,000)
- Tax, wage and social debts -€5,576
down €5,576 (-66.6%), from €8,372 to €2,796
of which Taxes: -€5,576
- Other debts -€5,271
no longer reported in 2025 (was €5,271)
- Trade debts -€2,745
down €2,745 (-11.6%), from €23,757 to €21,011
- Current portion of long-term debt -€2,035
no longer reported in 2025 (was €2,035)
- Reserves -€1,520
down €1,520 (-10.4%), from €14,605 to €13,085
of which Distributable reserves: -€1,520
- Gross operating margin -€14,103
down €14,103 (-53.8%), from €26,218 to €12,114
- Other operating charges +€1,044
up €1,044 (+67.8%), from €1,540 to €2,585
- Depreciation -€748
down €748 (-6.5%), from €11,451 to €10,703
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 | €72,639 | €55,492 | -€17,147 | -23.6% |
| Fixed assets | 21/28 | €22,274 | €11,571 | -€10,703 | -48.1% |
| Tangible fixed assets | 22/27 | €22,274 | €11,571 | -€10,703 | -48.1% |
| Plant, machinery and equipment | 23 | €7,551 | €3,931 | -€3,619 | -47.9% |
| Furniture and vehicles | 24 | €14,724 | €7,640 | -€7,084 | -48.1% |
| Current assets | 29/58 | €50,364 | €43,920 | -€6,444 | -12.8% |
| Stocks and contracts in progress | 3 | €6,000 | - | -€6,000 | |
| Contracts in progress | 37 | €6,000 | - | -€6,000 | |
| Amounts receivable within one year | 40/41 | €16,068 | €25,479 | +€9,411 | +58.6% |
| Trade receivables | 40 | €14,026 | €19,264 | +€5,237 | +37.3% |
| Other amounts receivable | 41 | €2,042 | €6,215 | +€4,173 | +204% |
| Cash at bank and in hand | 54/58 | €26,000 | €16,361 | -€9,639 | -37.1% |
| Deferred charges and accrued income | 490/1 | €2,296 | €2,080 | -€216 | -9.4% |
| Total equity and liabilities | 10/49 | €72,639 | €55,492 | -€17,147 | -23.6% |
| Equity | 10/15 | €33,205 | €31,685 | -€1,520 | -4.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €14,605 | €13,085 | -€1,520 | -10.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €12,745 | €11,225 | -€1,520 | -11.9% |
| Amounts payable | 17/49 | €39,434 | €23,807 | -€15,627 | -39.6% |
| Amounts payable within one year | 42/48 | €39,434 | €23,807 | -€15,627 | -39.6% |
| Current portion of amounts payable after more than one year | 42 | €2,035 | - | -€2,035 | |
| Trade debts | 44 | €23,757 | €21,011 | -€2,745 | -11.6% |
| Suppliers | 440/4 | €23,757 | €21,011 | -€2,745 | -11.6% |
| Taxes, remuneration and social security | 45 | €8,372 | €2,796 | -€5,576 | -66.6% |
| Taxes | 450/3 | €6,172 | €596 | -€5,576 | -90.3% |
| Remuneration and social security | 454/9 | €2,200 | €2,200 | = | 0.0% |
| Other amounts payable | 47/48 | €5,271 | - | -€5,271 | |
| Remuneration, social security and pensions | 62 | €205 | - | -€205 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,451 | €10,703 | -€748 | -6.5% |
| Other operating charges | 640/8 | €1,540 | €2,585 | +€1,044 | +67.8% |
| Gross operating margin | 9900 | €26,218 | €12,114 | -€14,103 | -53.8% |
| Operating profit (loss) | 9901 | €13,022 | -€1,174 | -€14,195 | |
| Financial income | 75/76B | €3 | €145 | +€142 | +4,396% |
| Recurring financial income | 75 | €3 | €145 | +€142 | +4,396% |
| Financial charges | 65/66B | €302 | €231 | -€71 | -23.5% |
| Recurring financial charges | 65 | €302 | €231 | -€71 | -23.5% |
| Profit (loss) for the period before taxes | 9903 | €12,723 | -€1,259 | -€13,983 | |
| Income taxes | 67/77 | €247 | €261 | +€13 | +5.5% |
| Profit (loss) for the period | 9904 | €12,476 | -€1,520 | -€13,996 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,476 | -€1,520 | -€13,996 |
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 19 October 2026 via checked.be.