ALTRA DECOR: 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.
ALTRA DECOR
Largest movements
- Cash +€60,695
up €60,695 (+54.2%), from €111,930 to €172,626
mainly Depreciation (+€56,662) and Net result for the year (+€30,085)
- Tangible fixed assets -€51,909
down €51,909 (-8.7%), from €599,899 to €547,990
- Receivables within one year -€21,069
down €21,069 (-4.9%), from €433,877 to €412,808
of which Trade receivables: -€23,472
- Reserves +€30,085
up €30,085 (+3.2%), from €937,366 to €967,451
of which Distributable reserves: +€30,085
- Accrued charges and deferred income -€16,420
down €16,420 (-42.0%), from €39,096 to €22,676
- Other debts -€15,241
down €15,241 (-19.6%), from €77,772 to €62,532
- Trade debts -€15,080
down €15,080 (-11.0%), from €136,526 to €121,446
- Gross operating margin -€37,473
down €37,473 (-7.6%), from €495,276 to €457,803
- Staff costs -€26,313
down €26,313 (-7.3%), from €361,373 to €335,060
- Financial charges -€11,241
down €11,241 (-68.1%), from €16,508 to €5,267
- Depreciation +€5,858
up €5,858 (+11.5%), from €50,804 to €56,662
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 | €1,341,636 | €1,325,747 | -€15,889 | -1.2% |
| Fixed assets | 21/28 | €599,899 | €547,990 | -€51,909 | -8.7% |
| Tangible fixed assets | 22/27 | €599,899 | €547,990 | -€51,909 | -8.7% |
| Land and buildings | 22 | €469,124 | €449,040 | -€20,084 | -4.3% |
| Plant, machinery and equipment | 23 | €9,186 | €6,742 | -€2,444 | -26.6% |
| Furniture and vehicles | 24 | €87,698 | €64,912 | -€22,785 | -26.0% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €33,892 | €27,296 | -€6,595 | -19.5% |
| Current assets | 29/58 | €741,737 | €777,757 | +€36,020 | +4.9% |
| Stocks and contracts in progress | 3 | €187,262 | €180,122 | -€7,140 | -3.8% |
| Stocks | 30/36 | €187,262 | €180,122 | -€7,140 | -3.8% |
| Amounts receivable within one year | 40/41 | €433,877 | €412,808 | -€21,069 | -4.9% |
| Trade receivables | 40 | €429,523 | €406,052 | -€23,472 | -5.5% |
| Other amounts receivable | 41 | €4,353 | €6,756 | +€2,403 | +55.2% |
| Cash at bank and in hand | 54/58 | €111,930 | €172,626 | +€60,695 | +54.2% |
| Deferred charges and accrued income | 490/1 | €8,668 | €12,202 | +€3,533 | +40.8% |
| Total equity and liabilities | 10/49 | €1,341,636 | €1,325,747 | -€15,889 | -1.2% |
| Equity | 10/15 | €986,944 | €1,017,029 | +€30,085 | +3.0% |
| Contributions | 10/11 | €49,579 | €49,579 | = | 0.0% |
| Reserves | 13 | €937,366 | €967,451 | +€30,085 | +3.2% |
| Non-distributable reserves | 130/1 | €7,291 | €7,291 | = | 0.0% |
| Other | 1319 | €7,291 | €7,291 | = | 0.0% |
| Tax-exempt reserves | 132 | €206 | €206 | = | 0.0% |
| Distributable reserves | 133 | €929,869 | €959,954 | +€30,085 | +3.2% |
| Amounts payable | 17/49 | €354,692 | €308,718 | -€45,974 | -13.0% |
| Amounts payable after more than one year | 17 | €29,210 | €17,879 | -€11,331 | -38.8% |
| Financial debts | 170/4 | €29,210 | €17,879 | -€11,331 | -38.8% |
| Amounts payable within one year | 42/48 | €286,385 | €268,163 | -€18,223 | -6.4% |
| Current portion of amounts payable after more than one year | 42 | €10,883 | €11,331 | +€449 | +4.1% |
| Trade debts | 44 | €136,526 | €121,446 | -€15,080 | -11.0% |
| Suppliers | 440/4 | €136,526 | €121,446 | -€15,080 | -11.0% |
| Taxes, remuneration and social security | 45 | €61,204 | €72,854 | +€11,649 | +19.0% |
| Taxes | 450/3 | €12,546 | €16,883 | +€4,337 | +34.6% |
| Remuneration and social security | 454/9 | €48,658 | €55,970 | +€7,312 | +15.0% |
| Other amounts payable | 47/48 | €77,772 | €62,532 | -€15,241 | -19.6% |
| Accrued charges and deferred income | 492/3 | €39,096 | €22,676 | -€16,420 | -42.0% |
| Non-recurring operating income | 76A | €7,961 | €0 | -€7,961 | -100% |
| Remuneration, social security and pensions | 62 | €361,373 | €335,060 | -€26,313 | -7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,804 | €56,662 | +€5,858 | +11.5% |
| Other operating charges | 640/8 | €14,245 | €16,046 | +€1,801 | +12.6% |
| Gross operating margin | 9900 | €495,276 | €457,803 | -€37,473 | -7.6% |
| Operating profit (loss) | 9901 | €68,854 | €50,034 | -€18,819 | -27.3% |
| Financial income | 75/76B | €149 | €234 | +€84 | +56.7% |
| Recurring financial income | 75 | €149 | €234 | +€84 | +56.7% |
| Financial charges | 65/66B | €16,508 | €5,267 | -€11,241 | -68.1% |
| Recurring financial charges | 65 | €16,508 | €5,267 | -€11,241 | -68.1% |
| Profit (loss) for the period before taxes | 9903 | €52,495 | €45,001 | -€7,494 | -14.3% |
| Income taxes | 67/77 | €17,286 | €14,916 | -€2,370 | -13.7% |
| Profit (loss) for the period | 9904 | €35,209 | €30,085 | -€5,124 | -14.6% |
| Transfer to tax-exempt reserves | 689 | €206 | €0 | -€206 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €35,003 | €30,085 | -€4,918 | -14.1% |
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 19 October 2026 via checked.be.