B.W.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.
B.W.DECOR
Largest movements
- Cash +€10,183
up €10,183 (+41.3%), from €24,665 to €34,847
mainly Net result for the year (+€13,327) and Depreciation (+€6,242)
- Receivables within one year +€7,683
up €7,683 (+37.6%), from €20,430 to €28,113
of which Trade receivables: +€13,118
- Tangible fixed assets -€4,362
down €4,362 (-32.9%), from €13,261 to €8,899
of which Other tangible fixed assets: -€2,361
- Intangible fixed assets -€1,880
down €1,880 (-26.3%), from €7,142 to €5,262
- Reserves +€23,523
new in 2025: €23,523
- Profit (loss) carried forward -€10,196
no longer reported in 2025 (was €10,196)
- Trade debts -€2,133
down €2,133 (-24.8%), from €8,596 to €6,463
- Gross operating margin +€29,413
up €29,413 (+58.0%), from €50,685 to €80,099
- Staff costs +€12,469
up €12,469 (+31.1%), from €40,136 to €52,605
- Taxes +€5,560
up €5,560 (+2,782%), from €200 to €5,760
- Depreciation -€3,913
down €3,913 (-38.5%), from €10,154 to €6,242
- Financial income +€3,067
up €3,067 (+6,151%), from €50 to €3,117
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 | €67,316 | €78,905 | +€11,589 | +17.2% |
| Fixed assets | 21/28 | €20,444 | €14,203 | -€6,242 | -30.5% |
| Intangible fixed assets | 21 | €7,142 | €5,262 | -€1,880 | -26.3% |
| Tangible fixed assets | 22/27 | €13,261 | €8,899 | -€4,362 | -32.9% |
| Plant, machinery and equipment | 23 | €659 | €477 | -€181 | -27.5% |
| Furniture and vehicles | 24 | €3,360 | €1,540 | -€1,819 | -54.2% |
| Other tangible fixed assets | 26 | €9,243 | €6,882 | -€2,361 | -25.5% |
| Financial fixed assets | 28 | €42 | €42 | = | 0.0% |
| Current assets | 29/58 | €46,872 | €64,703 | +€17,831 | +38.0% |
| Amounts receivable within one year | 40/41 | €20,430 | €28,113 | +€7,683 | +37.6% |
| Trade receivables | 40 | €9,638 | €22,755 | +€13,118 | +136% |
| Other amounts receivable | 41 | €10,793 | €5,358 | -€5,435 | -50.4% |
| Cash at bank and in hand | 54/58 | €24,665 | €34,847 | +€10,183 | +41.3% |
| Deferred charges and accrued income | 490/1 | €1,777 | €1,742 | -€35 | -2.0% |
| Total equity and liabilities | 10/49 | €67,316 | €78,905 | +€11,589 | +17.2% |
| Equity | 10/15 | €28,796 | €42,123 | +€13,327 | +46.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €23,523 | +€23,523 | |
| Distributable reserves | 133 | - | €23,523 | +€23,523 | |
| Profit (loss) carried forward | 14 | €10,196 | - | -€10,196 | |
| Amounts payable | 17/49 | €38,520 | €36,782 | -€1,738 | -4.5% |
| Amounts payable within one year | 42/48 | €38,520 | €36,782 | -€1,738 | -4.5% |
| Trade debts | 44 | €8,596 | €6,463 | -€2,133 | -24.8% |
| Suppliers | 440/4 | €8,596 | €6,463 | -€2,133 | -24.8% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €29,924 | €30,319 | +€395 | +1.3% |
| Remuneration, social security and pensions | 62 | €40,136 | €52,605 | +€12,469 | +31.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,154 | €6,242 | -€3,913 | -38.5% |
| Other operating charges | 640/8 | €1,019 | €1,397 | +€378 | +37.1% |
| Gross operating margin | 9900 | €50,685 | €80,099 | +€29,413 | +58.0% |
| Operating profit (loss) | 9901 | -€624 | €19,854 | +€20,479 | |
| Financial income | 75/76B | €50 | €3,117 | +€3,067 | +6,151% |
| Recurring financial income | 75 | €50 | €3,117 | +€3,067 | +6,151% |
| Financial charges | 65/66B | €3,706 | €3,884 | +€179 | +4.8% |
| Recurring financial charges | 65 | €3,706 | €3,884 | +€179 | +4.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,280 | €19,087 | +€23,367 | |
| Income taxes | 67/77 | €200 | €5,760 | +€5,560 | +2,782% |
| Profit (loss) for the period | 9904 | -€4,480 | €13,327 | +€17,807 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,480 | €13,327 | +€17,807 |
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 22 October 2026 via checked.be.