ANTWERPS 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.
ANTWERPS DECOR
Largest movements
- Receivables within one year +€13,954
up €13,954 (+1,845%), from €756 to €14,711
- Cash -€13,233
down €13,233 (-92.6%), from €14,285 to €1,052
mainly Trade debts (-€17,814) and Receivables within one year (-€13,954)
- Stocks and contracts -€10,600
down €10,600 (-38.8%), from €27,344 to €16,744
- Intangible fixed assets -€3,190
down €3,190 (-11.2%), from €28,579 to €25,389
- Trade debts -€17,814
down €17,814 (-55.7%), from €31,973 to €14,160
- Tax, wage and social debts +€4,013
up €4,013 (+47.1%), from €8,523 to €12,537
of which Taxes: +€2,973
- Other debts +€1,155
up €1,155 (+5.4%), from €21,366 to €22,522
- Gross operating margin -€10,895
down €10,895 (-52.5%), from €20,753 to €9,858
- Staff costs -€8,590
down €8,590 (-82.0%), from €10,470 to €1,880
- Other operating charges -€955
down €955 (-18.0%), from €5,319 to €4,364
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 | €82,764 | €70,155 | -€12,609 | -15.2% |
| Fixed assets | 21/28 | €37,429 | €34,239 | -€3,190 | -8.5% |
| Intangible fixed assets | 21 | €28,579 | €25,389 | -€3,190 | -11.2% |
| Financial fixed assets | 28 | €8,850 | €8,850 | = | 0.0% |
| Current assets | 29/58 | €45,335 | €35,916 | -€9,419 | -20.8% |
| Stocks and contracts in progress | 3 | €27,344 | €16,744 | -€10,600 | -38.8% |
| Stocks | 30/36 | €27,344 | €16,744 | -€10,600 | -38.8% |
| Amounts receivable within one year | 40/41 | €756 | €14,711 | +€13,954 | +1,845% |
| Trade receivables | 40 | €756 | €14,711 | +€13,954 | +1,845% |
| Cash at bank and in hand | 54/58 | €14,285 | €1,052 | -€13,233 | -92.6% |
| Deferred charges and accrued income | 490/1 | €2,950 | €3,410 | +€460 | +15.6% |
| Total equity and liabilities | 10/49 | €82,764 | €70,155 | -€12,609 | -15.2% |
| Equity | 10/15 | €20,902 | €20,937 | +€36 | +0.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €442 | €477 | +€36 | +8.0% |
| Amounts payable | 17/49 | €61,863 | €49,218 | -€12,645 | -20.4% |
| Amounts payable within one year | 42/48 | €61,863 | €49,218 | -€12,645 | -20.4% |
| Trade debts | 44 | €31,973 | €14,160 | -€17,814 | -55.7% |
| Suppliers | 440/4 | €31,973 | €14,160 | -€17,814 | -55.7% |
| Taxes, remuneration and social security | 45 | €8,523 | €12,537 | +€4,013 | +47.1% |
| Taxes | 450/3 | €7,023 | €9,996 | +€2,973 | +42.3% |
| Remuneration and social security | 454/9 | €1,501 | €2,541 | +€1,040 | +69.3% |
| Other amounts payable | 47/48 | €21,366 | €22,522 | +€1,155 | +5.4% |
| Remuneration, social security and pensions | 62 | €10,470 | €1,880 | -€8,590 | -82.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,190 | €3,190 | = | 0.0% |
| Other operating charges | 640/8 | €5,319 | €4,364 | -€955 | -18.0% |
| Gross operating margin | 9900 | €20,753 | €9,858 | -€10,895 | -52.5% |
| Operating profit (loss) | 9901 | €1,774 | €425 | -€1,349 | -76.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €590 | €390 | -€200 | -33.9% |
| Recurring financial charges | 65 | €590 | €390 | -€200 | -33.9% |
| Profit (loss) for the period before taxes | 9903 | €1,185 | €36 | -€1,149 | -97.0% |
| Profit (loss) for the period | 9904 | €1,185 | €36 | -€1,149 | -97.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,185 | €36 | -€1,149 | -97.0% |
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 27 October 2026 via checked.be.