Julie Decroos: what changed
What changed
Julie Decroos
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€62,088
2024 · €49,920+€12,168
Equity
€372,829
2024 · €311,574+€61,255
Cash
€4,862
2024 · €27,019-€22,157
Balance sheet total
€951,564
2024 · €923,982+€27,582
Largest movements
Assets
- Receivables within one year +€47,666
up €47,666 (+147%), from €32,500 to €80,165
of which Other amounts receivable: +€47,666
- Cash -€22,157
down €22,157 (-82.0%), from €27,019 to €4,862
mainly Debts after one year (-€49,743) and Receivables within one year (-€47,666)
Equity and liabilities
- Reserves +€61,255
up €61,255 (+20.5%), from €299,174 to €360,429
- Debts after one year -€49,743
down €49,743 (-11.2%), from €445,085 to €395,342
- Tax, wage and social debts +€13,501
up €13,501 (+115%), from €11,712 to €25,213
Income statement
- Gross operating margin +€17,138
up €17,138 (+18.4%), from €93,051 to €110,189
- Taxes +€5,181
up €5,181 (+21.2%), from €24,467 to €29,648
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€49,920
Gross operating margin
+€17,138
Depreciation
-€147
Other operating charges
+€354
Other operating items
+€47
Financial income
-€11
Financial charges
-€32
Taxes
-€5,181
Result 2025
€62,088
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€27,750
Investment
€0
Financing
-€49,907
Cash 2024
€27,019
From operations (derived)
+€27,750
Net result for the year
+€62,088
Depreciation
+€300
Receivables within one year
-€47,666
Deferred charges and accrued income
-€2,374
Trade debts
+€1,896
Tax, wage and social debts
+€13,501
Smaller working-capital items
+€4
Financing
-€49,907
Debts after one year
-€49,743
Current portion of long-term debt
+€669
Contributions, distributions and other
-€833
Cash 2025
€4,862
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €923,982 | €951,564 | +€27,582 | +3.0% |
| Fixed assets | 21/28 | €863,455 | €863,155 | -€300 | 0.0% |
| Tangible fixed assets | 22/27 | €2,847 | €2,547 | -€300 | -10.5% |
| Plant, machinery and equipment | 23 | €2,847 | €2,547 | -€300 | -10.5% |
| Financial fixed assets | 28 | €860,608 | €860,608 | = | 0.0% |
| Current assets | 29/58 | €60,526 | €88,408 | +€27,882 | +46.1% |
| Amounts receivable within one year | 40/41 | €32,500 | €80,165 | +€47,666 | +147% |
| Trade receivables | 40 | €12,705 | €12,705 | = | 0.0% |
| Other amounts receivable | 41 | €19,795 | €67,460 | +€47,666 | +241% |
| Cash at bank and in hand | 54/58 | €27,019 | €4,862 | -€22,157 | -82.0% |
| Deferred charges and accrued income | 490/1 | €1,007 | €3,381 | +€2,374 | +236% |
| Total equity and liabilities | 10/49 | €923,982 | €951,564 | +€27,582 | +3.0% |
| Equity | 10/15 | €311,574 | €372,829 | +€61,255 | +19.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €299,174 | €360,429 | +€61,255 | +20.5% |
| Distributable reserves | 133 | €299,174 | €360,429 | +€61,255 | +20.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €612,408 | €578,735 | -€33,673 | -5.5% |
| Amounts payable after more than one year | 17 | €445,085 | €395,342 | -€49,743 | -11.2% |
| Financial debts | 170/4 | €445,085 | €395,342 | -€49,743 | -11.2% |
| Amounts payable within one year | 42/48 | €165,398 | €181,384 | +€15,986 | +9.7% |
| Current portion of amounts payable after more than one year | 42 | €49,074 | €49,743 | +€669 | +1.4% |
| Trade debts | 44 | €1,360 | €3,256 | +€1,896 | +139% |
| Suppliers | 440/4 | €1,360 | €3,256 | +€1,896 | +139% |
| Taxes, remuneration and social security | 45 | €11,712 | €25,213 | +€13,501 | +115% |
| Taxes | 450/3 | €11,712 | €25,213 | +€13,501 | +115% |
| Other amounts payable | 47/48 | €103,252 | €103,173 | -€80 | -0.1% |
| Accrued charges and deferred income | 492/3 | €1,925 | €2,009 | +€84 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €153 | €300 | +€147 | +96.6% |
| Other operating charges | 640/8 | €1,369 | €1,015 | -€354 | -25.9% |
| Non-recurring operating charges | 66A | €47 | €0 | -€47 | -100% |
| Gross operating margin | 9900 | €93,051 | €110,189 | +€17,138 | +18.4% |
| Operating profit (loss) | 9901 | €91,482 | €108,874 | +€17,392 | +19.0% |
| Financial income | 75/76B | €11 | €0 | -€11 | -100% |
| Recurring financial income | 75 | €11 | €0 | -€11 | -100% |
| Financial charges | 65/66B | €17,106 | €17,138 | +€32 | +0.2% |
| Recurring financial charges | 65 | €17,106 | €17,138 | +€32 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €74,387 | €91,736 | +€17,349 | +23.3% |
| Income taxes | 67/77 | €24,467 | €29,648 | +€5,181 | +21.2% |
| Profit (loss) for the period | 9904 | €49,920 | €62,088 | +€12,168 | +24.4% |
| Profit (loss) for the period to be appropriated | 9905 | €49,920 | €62,088 | +€12,168 | +24.4% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.