4K DECOR: what changed
Two fiscal 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.
4K DECOR
Largest movements
- Stocks and contracts -€203,507
down €203,507 (-25.5%), from €798,524 to €595,017
- Receivables within one year +€18,439
up €18,439 (+24.3%), from €76,015 to €94,453
of which Trade receivables: +€18,266
- Tangible fixed assets -€13,765
down €13,765 (-27.3%), from €50,471 to €36,707
of which Other tangible fixed assets: -€8,750
- Trade debts -€70,333
down €70,333 (-34.0%), from €207,045 to €136,711
- Other debts -€68,040
down €68,040 (-80.7%), from €84,314 to €16,274
- Debts after one year -€25,990
down €25,990 (-6.5%), from €400,646 to €374,655
- Tax, wage and social debts -€24,252
down €24,252 (-53.2%), from €45,608 to €21,356
of which Taxes: -€18,333
- Short-term financial debts -€14,572
down €14,572 (-12.7%), from €115,129 to €100,557
- Gross operating margin +€99,812
up €99,812 (+114.0%), from €87,534 to €187,345
- Other operating charges +€5,123
up €5,123 (+22.9%), from €22,331 to €27,454
- Financial charges -€3,399
down €3,399 (-20.0%), from €16,987 to €13,588
- Staff costs -€2,842
down €2,842 (-2.4%), from €119,088 to €116,246
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.
Cash bridge derived
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 | €963,307 | €772,541 | -€190,767 | -19.8% |
| Fixed assets | 21/28 | €50,666 | €36,902 | -€13,765 | -27.2% |
| Tangible fixed assets | 22/27 | €50,471 | €36,707 | -€13,765 | -27.3% |
| Plant, machinery and equipment | 23 | €3,307 | €865 | -€2,442 | -73.8% |
| Furniture and vehicles | 24 | €5,160 | €2,587 | -€2,573 | -49.9% |
| Other tangible fixed assets | 26 | €42,004 | €33,254 | -€8,750 | -20.8% |
| Financial fixed assets | 28 | €195 | €195 | = | 0.0% |
| Current assets | 29/58 | €912,641 | €735,639 | -€177,002 | -19.4% |
| Amounts receivable after more than one year | 29 | €28,305 | €28,305 | = | 0.0% |
| Other amounts receivable | 291 | €28,305 | €28,305 | = | 0.0% |
| Stocks and contracts in progress | 3 | €798,524 | €595,017 | -€203,507 | -25.5% |
| Stocks | 30/36 | €798,524 | €595,017 | -€203,507 | -25.5% |
| Amounts receivable within one year | 40/41 | €76,015 | €94,453 | +€18,439 | +24.3% |
| Trade receivables | 40 | €73,489 | €91,755 | +€18,266 | +24.9% |
| Other amounts receivable | 41 | €2,526 | €2,698 | +€172 | +6.8% |
| Cash at bank and in hand | 54/58 | €4,806 | €13,358 | +€8,552 | +177.9% |
| Deferred charges and accrued income | 490/1 | €4,991 | €4,505 | -€485 | -9.7% |
| Total equity and liabilities | 10/49 | €963,307 | €772,541 | -€190,767 | -19.8% |
| Equity | 10/15 | €105,255 | €118,982 | +€13,727 | +13.0% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €3,500 | €3,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,500 | €3,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,755 | €80,482 | +€13,727 | +20.6% |
| Amounts payable | 17/49 | €858,052 | €653,558 | -€204,494 | -23.8% |
| Amounts payable after more than one year | 17 | €400,646 | €374,655 | -€25,990 | -6.5% |
| Financial debts | 170/4 | €400,646 | €374,655 | -€25,990 | -6.5% |
| Amounts payable within one year | 42/48 | €456,100 | €278,903 | -€177,198 | -38.9% |
| Financial debts | 43 | €115,129 | €100,557 | -€14,572 | -12.7% |
| Credit institutions | 430/8 | €115,129 | €100,557 | -€14,572 | -12.7% |
| Trade debts | 44 | €207,045 | €136,711 | -€70,333 | -34.0% |
| Suppliers | 440/4 | €207,045 | €136,711 | -€70,333 | -34.0% |
| Advances received on contracts in progress | 46 | €4,004 | €4,004 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €45,608 | €21,356 | -€24,252 | -53.2% |
| Taxes | 450/3 | €18,928 | €595 | -€18,333 | -96.9% |
| Remuneration and social security | 454/9 | €26,680 | €20,761 | -€5,919 | -22.2% |
| Other amounts payable | 47/48 | €84,314 | €16,274 | -€68,040 | -80.7% |
| Accrued charges and deferred income | 492/3 | €1,306 | €0 | -€1,306 | -100.0% |
| Remuneration, social security and pensions | 62 | €119,088 | €116,246 | -€2,842 | -2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,451 | €17,103 | -€1,347 | -7.3% |
| Other operating charges | 640/8 | €22,331 | €27,454 | +€5,123 | +22.9% |
| Non-recurring operating charges | 66A | €0 | €4 | +€4 | +3590.0% |
| Gross operating margin | 9900 | €87,534 | €187,345 | +€99,812 | +114.0% |
| Operating profit (loss) | 9901 | -€72,336 | €26,539 | +€98,875 | |
| Financial income | 75/76B | €984 | €777 | -€207 | -21.1% |
| Recurring financial income | 75 | €984 | €777 | -€207 | -21.1% |
| Financial charges | 65/66B | €16,987 | €13,588 | -€3,399 | -20.0% |
| Recurring financial charges | 65 | €16,987 | €13,588 | -€3,399 | -20.0% |
| Profit (loss) for the period before taxes | 9903 | -€88,339 | €13,727 | +€102,066 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€88,339 | €13,727 | +€102,066 | |
| Profit (loss) for the period to be appropriated | 9905 | -€88,339 | €13,727 | +€102,066 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.