DEKEVAN: what changed
What changed
DEKEVAN
filed annual accounts (NBB)
Net result for the year
€11.5m
2024 · €446,671+€11.0m
Equity
€15.2m
2024 · €3.7m+€11.5m
Cash
€130,010
2024 · €1,804+€128,205
Balance sheet total
€15.2m
2024 · €3.7m+€11.5m
Largest movements
Assets
- Current investments +€10.0m
new in 2025: €10.0m
- Receivables within one year +€4.5m
up €4.5m (+1,806%), from €247,143 to €4.7m
- Financial fixed assets -€3.1m
down €3.1m (-88.9%), from €3.5m to €384,000
Equity and liabilities
- Reserves +€11.4m
up €11.4m (+359%), from €3.2m to €14.6m
of which Distributable reserves: +€11.4m
Income statement
- Financial income +€3.5m
up €3.5m (+775%), from €454,758 to €4.0m
- Services and other goods +€223,811
up €223,811 (+10,355%), from €2,161 to €225,972
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
€446,671
Other operating charges
-€12,360
Other operating items
+€7.6m
Financial income
+€3.5m
Financial charges
-€37,783
Result 2025
€11.5m
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
+€7.0m
Investment
-€6.9m
Financing
€0
Cash 2024
€1,804
From operations (derived)
+€7.0m
Net result for the year
+€11.5m
Receivables within one year
-€4.5m
Smaller working-capital items
+€1,923
Investment (derived)
-€6.9m
Investment in fixed assets (net)
+€3.1m
Current investments
-€10.0m
Cash 2025
€130,010
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,716,072 | €15,212,326 | +€11.5m | +309% |
| Fixed assets | 21/28 | €3,467,126 | €384,000 | -€3.1m | -88.9% |
| Financial fixed assets | 28 | €3,467,126 | €384,000 | -€3.1m | -88.9% |
| Affiliated companies | 280/1 | €3,467,126 | €384,000 | -€3.1m | -88.9% |
| Participating interests | 280 | €3,467,126 | €384,000 | -€3.1m | -88.9% |
| Current assets | 29/58 | €248,947 | €14,828,326 | +€14.6m | +5,856% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €247,143 | €4,711,677 | +€4.5m | +1,806% |
| Other amounts receivable | 41 | €247,143 | €4,711,677 | +€4.5m | +1,806% |
| Current investments | 50/53 | - | €9,972,996 | +€10.0m | |
| Other investments | 51/53 | - | €9,972,996 | +€10.0m | |
| Cash at bank and in hand | 54/58 | €1,804 | €130,010 | +€128,205 | +7,106% |
| Deferred charges and accrued income | 490/1 | - | €13,643 | +€13,643 | |
| Total equity and liabilities | 10/49 | €3,716,072 | €15,212,326 | +€11.5m | +309% |
| Equity | 10/15 | €3,701,835 | €15,182,522 | +€11.5m | +310% |
| Contributions | 10/11 | €525,000 | €525,000 | = | 0.0% |
| Capital | 10 | €525,000 | €525,000 | = | 0.0% |
| Issued capital | 100 | €525,000 | €525,000 | = | 0.0% |
| Reserves | 13 | €3,172,500 | €14,572,500 | +€11.4m | +359% |
| Non-distributable reserves | 130/1 | €52,500 | €52,500 | = | 0.0% |
| Legal reserve | 130 | €52,500 | €52,500 | = | 0.0% |
| Distributable reserves | 133 | €3,120,000 | €14,520,000 | +€11.4m | +365% |
| Profit (loss) carried forward | 14 | €4,335 | €85,022 | +€80,688 | +1,861% |
| Amounts payable | 17/49 | €14,238 | €29,803 | +€15,566 | +109% |
| Amounts payable within one year | 42/48 | €14,238 | €29,803 | +€15,566 | +109% |
| Trade debts | 44 | €12,320 | €493 | -€11,827 | -96.0% |
| Suppliers | 440/4 | €12,320 | €493 | -€11,827 | -96.0% |
| Other amounts payable | 47/48 | €1,917 | €29,310 | +€27,393 | +1,429% |
| Operating income | 70/76A | - | €7,783,169 | +€7.8m | |
| Other operating income | 74 | - | €12,604 | +€12,604 | |
| Non-recurring operating income | 76A | - | €7,770,565 | +€7.8m | |
| Operating charges | 60/66A | €3,269 | €239,440 | +€236,170 | +7,224% |
| Services and other goods | 61 | €2,161 | €225,972 | +€223,811 | +10,355% |
| Other operating charges | 640/8 | €1,108 | €13,468 | +€12,360 | +1,115% |
| Operating profit (loss) | 9901 | -€3,269 | €7,543,729 | +€7.5m | |
| Financial income | 75/76B | €454,758 | €3,979,559 | +€3.5m | +775% |
| Recurring financial income | 75 | €454,758 | €3,979,559 | +€3.5m | +775% |
| Income from financial fixed assets | 750 | €450,000 | €3,698,000 | +€3.2m | +722% |
| Income from current assets | 751 | €4,758 | €281,446 | +€276,687 | +5,815% |
| Other financial income | 752/9 | - | €114 | +€114 | |
| Financial charges | 65/66B | €4,818 | €42,601 | +€37,783 | +784% |
| Recurring financial charges | 65 | €4,818 | €42,601 | +€37,783 | +784% |
| Debt charges | 650 | €4,680 | €0 | -€4,680 | -100% |
| Other financial charges | 652/9 | €138 | €42,601 | +€42,463 | +30,793% |
| Profit (loss) for the period before taxes | 9903 | €446,671 | €11,480,688 | +€11.0m | +2,470% |
| Profit (loss) for the period | 9904 | €446,671 | €11,480,688 | +€11.0m | +2,470% |
| Profit (loss) for the period to be appropriated | 9905 | €446,671 | €11,480,688 | +€11.0m | +2,470% |
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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 2 November 2026 via checked.be.