R.C. 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.
R.C. DECO
Largest movements
- Cash -€24,928
down €24,928 (-38.0%), from €65,545 to €40,617
mainly Net result for the year (-€26,199) and Investment in fixed assets (net) (-€4,357)
- Tangible fixed assets +€2,702
new in 2025: €2,702
of which Furniture and vehicles: +€2,094
- Deferred charges and accrued income +€2,355
new in 2025: €2,355
- Profit (loss) carried forward -€26,199
down €26,199 (-96.7%), from €27,093 to €894
- Trade debts +€5,374
up €5,374 (+90.2%), from €5,956 to €11,330
- Tax, wage and social debts +€1,396
up €1,396 (+26.0%), from €5,364 to €6,760
of which Taxes: +€4,260
- Gross operating margin -€27,671
down €27,671, from €7,091 to -€20,580
- Taxes -€3,339
down €3,339, from €3,216 to -€123
- Other operating charges +€2,439
up €2,439 (+172%), from €1,416 to €3,855
- Depreciation +€1,655
new in 2025: €1,655
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 | €88,593 | €69,188 | -€19,405 | -21.9% |
| Fixed assets | 21/28 | €254 | €2,956 | +€2,702 | +1,064% |
| Tangible fixed assets | 22/27 | - | €2,702 | +€2,702 | |
| Plant, machinery and equipment | 23 | - | €608 | +€608 | |
| Furniture and vehicles | 24 | - | €2,094 | +€2,094 | |
| Financial fixed assets | 28 | €254 | €254 | = | 0.0% |
| Current assets | 29/58 | €88,339 | €66,232 | -€22,107 | -25.0% |
| Amounts receivable within one year | 40/41 | €22,794 | €23,260 | +€466 | +2.0% |
| Trade receivables | 40 | €22,204 | €18,540 | -€3,664 | -16.5% |
| Other amounts receivable | 41 | €590 | €4,720 | +€4,130 | +700% |
| Cash at bank and in hand | 54/58 | €65,545 | €40,617 | -€24,928 | -38.0% |
| Deferred charges and accrued income | 490/1 | - | €2,355 | +€2,355 | |
| Total equity and liabilities | 10/49 | €88,593 | €69,188 | -€19,405 | -21.9% |
| Equity | 10/15 | €35,153 | €8,954 | -€26,199 | -74.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,093 | €894 | -€26,199 | -96.7% |
| Amounts payable | 17/49 | €53,440 | €60,234 | +€6,794 | +12.7% |
| Amounts payable within one year | 42/48 | €53,440 | €60,234 | +€6,794 | +12.7% |
| Trade debts | 44 | €5,956 | €11,330 | +€5,374 | +90.2% |
| Suppliers | 440/4 | €5,956 | €11,330 | +€5,374 | +90.2% |
| Advances received on contracts in progress | 46 | €20,415 | €20,415 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €5,364 | €6,760 | +€1,396 | +26.0% |
| Taxes | 450/3 | €2,500 | €6,760 | +€4,260 | +170% |
| Remuneration and social security | 454/9 | €2,864 | - | -€2,864 | |
| Other amounts payable | 47/48 | €21,705 | €21,729 | +€24 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,655 | +€1,655 | |
| Other operating charges | 640/8 | €1,416 | €3,855 | +€2,439 | +172% |
| Gross operating margin | 9900 | €7,091 | -€20,580 | -€27,671 | |
| Operating profit (loss) | 9901 | €5,675 | -€26,090 | -€31,765 | |
| Financial income | 75/76B | - | €93 | +€93 | |
| Recurring financial income | 75 | - | €93 | +€93 | |
| Financial charges | 65/66B | €125 | €325 | +€200 | +160% |
| Recurring financial charges | 65 | €125 | €325 | +€200 | +160% |
| Profit (loss) for the period before taxes | 9903 | €5,550 | -€26,322 | -€31,872 | |
| Income taxes | 67/77 | €3,216 | -€123 | -€3,339 | |
| Profit (loss) for the period | 9904 | €2,334 | -€26,199 | -€28,533 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,334 | -€26,199 | -€28,533 |
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 25 October 2026 via checked.be.