RENE DECOSTER MANAGEMENT SERVICES: 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.
RENE DECOSTER MANAGEMENT SERVICES
Largest movements
- Financial fixed assets +€97,838
up €97,838 (+37.3%), from €262,479 to €360,317
- Receivables after one year +€12,895
up €12,895 (+84.1%), from €15,335 to €28,229
of which Other amounts receivable: +€24,792
- Other debts +€172,112
up €172,112 (+72.1%), from €238,848 to €410,960
- Debts after one year -€32,396
down €32,396 (-74.8%), from €43,331 to €10,935
- Reserves -€20,935
down €20,935 (-6.4%), from €329,513 to €308,578
of which Distributable reserves: -€20,935
- Gross operating margin -€47,903
down €47,903 (-68.9%), from €69,492 to €21,589
- Taxes -€13,509
down €13,509, from €11,478 to -€2,032
- Financial income +€9,249
up €9,249 (+488%), from €1,895 to €11,144
- Financial charges -€6,451
down €6,451 (-74.9%), from €8,613 to €2,162
- Other operating charges -€2,530
down €2,530 (-40.5%), from €6,243 to €3,713
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 | €678,378 | €785,663 | +€107,285 | +15.8% |
| Fixed assets | 21/28 | €661,405 | €757,209 | +€95,804 | +14.5% |
| Tangible fixed assets | 22/27 | €398,926 | €396,892 | -€2,034 | -0.5% |
| Land and buildings | 22 | €398,037 | €371,228 | -€26,809 | -6.7% |
| Furniture and vehicles | 24 | €889 | €25,664 | +€24,776 | +2,788% |
| Financial fixed assets | 28 | €262,479 | €360,317 | +€97,838 | +37.3% |
| Current assets | 29/58 | €16,973 | €28,454 | +€11,480 | +67.6% |
| Amounts receivable after more than one year | 29 | €15,335 | €28,229 | +€12,895 | +84.1% |
| Trade receivables | 290 | €15,335 | €3,437 | -€11,897 | -77.6% |
| Other amounts receivable | 291 | - | €24,792 | +€24,792 | |
| Cash at bank and in hand | 54/58 | €1,639 | €225 | -€1,414 | -86.3% |
| Total equity and liabilities | 10/49 | €678,378 | €785,663 | +€107,285 | +15.8% |
| Equity | 10/15 | €348,113 | €327,178 | -€20,935 | -6.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €329,513 | €308,578 | -€20,935 | -6.4% |
| 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 | €327,653 | €306,718 | -€20,935 | -6.4% |
| Amounts payable | 17/49 | €330,266 | €458,485 | +€128,219 | +38.8% |
| Amounts payable after more than one year | 17 | €43,331 | €10,935 | -€32,396 | -74.8% |
| Financial debts | 170/4 | €43,331 | €10,935 | -€32,396 | -74.8% |
| Amounts payable within one year | 42/48 | €286,934 | €447,550 | +€160,616 | +56.0% |
| Current portion of amounts payable after more than one year | 42 | €34,416 | €32,396 | -€2,019 | -5.9% |
| Trade debts | 44 | €8,180 | €3,145 | -€5,035 | -61.6% |
| Suppliers | 440/4 | €8,180 | €3,145 | -€5,035 | -61.6% |
| Taxes, remuneration and social security | 45 | €5,491 | €1,049 | -€4,442 | -80.9% |
| Taxes | 450/3 | €5,491 | €1,049 | -€4,442 | -80.9% |
| Other amounts payable | 47/48 | €238,848 | €410,960 | +€172,112 | +72.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,264 | €29,824 | +€1,560 | +5.5% |
| Other operating charges | 640/8 | €6,243 | €3,713 | -€2,530 | -40.5% |
| Gross operating margin | 9900 | €69,492 | €21,589 | -€47,903 | -68.9% |
| Operating profit (loss) | 9901 | €34,986 | -€11,948 | -€46,933 | |
| Financial income | 75/76B | €1,895 | €11,144 | +€9,249 | +488% |
| Recurring financial income | 75 | €1,895 | €11,144 | +€9,249 | +488% |
| Financial charges | 65/66B | €8,613 | €2,162 | -€6,451 | -74.9% |
| Recurring financial charges | 65 | €8,613 | €2,162 | -€6,451 | -74.9% |
| Profit (loss) for the period before taxes | 9903 | €28,267 | -€2,966 | -€31,234 | |
| Income taxes | 67/77 | €11,478 | -€2,032 | -€13,509 | |
| Profit (loss) for the period | 9904 | €16,790 | -€935 | -€17,725 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,790 | -€935 | -€17,725 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.