KANTOOR DECAPMAKER: 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.
KANTOOR DECAPMAKER
Largest movements
- Current investments +€306,726
up €306,726 (+59.7%), from €513,660 to €820,386
- Tangible fixed assets -€73,612
down €73,612 (-5.1%), from €1.5m to €1.4m
of which Land and buildings: -€63,825
- Receivables after one year -€71,428
down €71,428 (-19.0%), from €375,001 to €303,573
- Cash +€58,503
up €58,503 (+15.9%), from €367,467 to €425,969
mainly Net result for the year (+€249,564) and Depreciation (+€97,727)
- Receivables within one year +€42,958
up €42,958 (+49.1%), from €87,415 to €130,374
- Reserves +€249,564
up €249,564 (+8.9%), from €2.8m to €3.1m
of which Distributable reserves: +€252,123
- Tax, wage and social debts +€33,449
new in 2025: €33,449
- Gross operating margin +€143,017
up €143,017 (+47.2%), from €303,170 to €446,187
- Taxes +€54,416
up €54,416 (+77.6%), from €70,158 to €124,574
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 | €2,912,008 | €3,174,728 | +€262,720 | +9.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,567,034 | €1,493,422 | -€73,612 | -4.7% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €1,454,534 | €1,380,922 | -€73,612 | -5.1% |
| Land and buildings | 22 | €1,337,796 | €1,273,970 | -€63,825 | -4.8% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €116,738 | €106,952 | -€9,786 | -8.4% |
| Financial fixed assets | 28 | €112,500 | €112,500 | = | 0.0% |
| Current assets | 29/58 | €1,344,974 | €1,681,306 | +€336,331 | +25.0% |
| Amounts receivable after more than one year | 29 | €375,001 | €303,573 | -€71,428 | -19.0% |
| Other amounts receivable | 291 | €375,001 | €303,573 | -€71,428 | -19.0% |
| Amounts receivable within one year | 40/41 | €87,415 | €130,374 | +€42,958 | +49.1% |
| Other amounts receivable | 41 | €87,415 | €130,374 | +€42,958 | +49.1% |
| Current investments | 50/53 | €513,660 | €820,386 | +€306,726 | +59.7% |
| Cash at bank and in hand | 54/58 | €367,467 | €425,969 | +€58,503 | +15.9% |
| Deferred charges and accrued income | 490/1 | €1,431 | €1,003 | -€428 | -29.9% |
| Total equity and liabilities | 10/49 | €2,912,008 | €3,174,728 | +€262,720 | +9.0% |
| Equity | 10/15 | €2,825,537 | €3,075,101 | +€249,564 | +8.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,800,537 | €3,050,101 | +€249,564 | +8.9% |
| Tax-exempt reserves | 132 | €64,391 | €61,833 | -€2,558 | -4.0% |
| Distributable reserves | 133 | €2,736,145 | €2,988,268 | +€252,123 | +9.2% |
| Provisions and deferred taxes | 16 | €32,861 | €31,543 | -€1,318 | -4.0% |
| Deferred taxes | 168 | €32,861 | €31,543 | -€1,318 | -4.0% |
| Amounts payable | 17/49 | €53,611 | €68,084 | +€14,473 | +27.0% |
| Amounts payable after more than one year | 17 | €32,020 | €16,142 | -€15,877 | -49.6% |
| Financial debts | 170/4 | €32,020 | €16,142 | -€15,877 | -49.6% |
| Amounts payable within one year | 42/48 | €20,462 | €50,735 | +€30,273 | +148% |
| Current portion of amounts payable after more than one year | 42 | €15,616 | €15,877 | +€261 | +1.7% |
| Trade debts | 44 | €3,410 | €1,409 | -€2,001 | -58.7% |
| Suppliers | 440/4 | €3,410 | €1,409 | -€2,001 | -58.7% |
| Taxes, remuneration and social security | 45 | - | €33,449 | +€33,449 | |
| Taxes | 450/3 | - | €33,449 | +€33,449 | |
| Other amounts payable | 47/48 | €1,435 | - | -€1,435 | |
| Accrued charges and deferred income | 492/3 | €1,129 | €1,207 | +€77 | +6.8% |
| Non-recurring operating income | 76A | €4,178 | - | -€4,178 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,834 | €97,727 | +€3,893 | +4.1% |
| Other operating charges | 640/8 | €353 | €363 | +€10 | +2.7% |
| Gross operating margin | 9900 | €303,170 | €446,187 | +€143,017 | +47.2% |
| Operating profit (loss) | 9901 | €208,983 | €348,098 | +€139,114 | +66.6% |
| Financial income | 75/76B | €21,431 | €25,624 | +€4,193 | +19.6% |
| Recurring financial income | 75 | €19,937 | €25,624 | +€5,687 | +28.5% |
| Non-recurring financial income | 76B | €1,494 | - | -€1,494 | |
| Financial charges | 65/66B | €1,182 | €902 | -€281 | -23.7% |
| Recurring financial charges | 65 | €1,182 | €902 | -€281 | -23.7% |
| Profit (loss) for the period before taxes | 9903 | €229,233 | €372,821 | +€143,588 | +62.6% |
| Transfer from deferred taxes | 780 | €1,318 | €1,318 | = | 0.0% |
| Income taxes | 67/77 | €70,158 | €124,574 | +€54,416 | +77.6% |
| Profit (loss) for the period | 9904 | €160,392 | €249,564 | +€89,172 | +55.6% |
| Transfer from tax-exempt reserves | 789 | €2,558 | €2,558 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €162,951 | €252,123 | +€89,172 | +54.7% |
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 16 October 2026 via checked.be.