BERTRIX - DECORS: 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.
BERTRIX - DECORS
Largest movements
- Stocks and contracts -€21,345
down €21,345 (-46.1%), from €46,326 to €24,981
- Cash +€7,725
up €7,725 (+125%), from €6,179 to €13,904
mainly Stocks and contracts (+€21,345) and Current portion of long-term debt (+€9,066)
- Tangible fixed assets -€6,799
down €6,799 (-20.6%), from €32,965 to €26,166
of which Leasing and similar rights: -€4,275
- Receivables within one year -€3,395
down €3,395 (-27.1%), from €12,525 to €9,130
of which Trade receivables: -€6,692
- Profit (loss) carried forward -€18,246
down €18,246 (-25.5%), from -€71,507 to -€89,753
- Current portion of long-term debt +€9,066
up €9,066 (+227%), from €3,991 to €13,057
- Other debts -€4,470
down €4,470 (-67.4%), from €6,628 to €2,158
- Debts after one year -€4,155
down €4,155 (-25.8%), from €16,087 to €11,932
- Trade debts -€3,666
down €3,666 (-30.8%), from €11,895 to €8,229
- Staff costs -€22,387
down €22,387 (-62.3%), from €35,963 to €13,576
- Depreciation +€3,494
up €3,494 (+97.5%), from €3,585 to €7,079
- Financial charges +€1,061
up €1,061 (+108%), from €978 to €2,039
- Gross operating margin -€803
down €803 (-14.0%), from €5,718 to €4,915
- Financial income +€166
up €166 (+4.7%), from €3,515 to €3,681
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 | €104,993 | €80,767 | -€24,226 | -23.1% |
| Fixed assets | 21/28 | €37,018 | €30,219 | -€6,799 | -18.4% |
| Tangible fixed assets | 22/27 | €32,965 | €26,166 | -€6,799 | -20.6% |
| Land and buildings | 22 | €8,914 | €8,914 | = | 0.0% |
| Plant, machinery and equipment | 23 | €2,025 | €345 | -€1,680 | -83.0% |
| Furniture and vehicles | 24 | €1,297 | €1,017 | -€280 | -21.6% |
| Leasing and similar rights | 25 | €20,135 | €15,860 | -€4,275 | -21.2% |
| Other tangible fixed assets | 26 | €594 | €30 | -€564 | -94.9% |
| Financial fixed assets | 28 | €4,053 | €4,053 | = | 0.0% |
| Current assets | 29/58 | €67,975 | €50,548 | -€17,427 | -25.6% |
| Stocks and contracts in progress | 3 | €46,326 | €24,981 | -€21,345 | -46.1% |
| Stocks | 30/36 | €46,326 | €24,981 | -€21,345 | -46.1% |
| Amounts receivable within one year | 40/41 | €12,525 | €9,130 | -€3,395 | -27.1% |
| Trade receivables | 40 | €12,058 | €5,366 | -€6,692 | -55.5% |
| Other amounts receivable | 41 | €467 | €3,764 | +€3,297 | +706% |
| Cash at bank and in hand | 54/58 | €6,179 | €13,904 | +€7,725 | +125% |
| Deferred charges and accrued income | 490/1 | €2,945 | €2,533 | -€412 | -14.0% |
| Total equity and liabilities | 10/49 | €104,993 | €80,767 | -€24,226 | -23.1% |
| Equity | 10/15 | €60,678 | €42,432 | -€18,246 | -30.1% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €101,198 | €101,198 | = | 0.0% |
| Tax-exempt reserves | 132 | €21,335 | €21,335 | = | 0.0% |
| Distributable reserves | 133 | €79,863 | €79,863 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€71,507 | -€89,753 | -€18,246 | -25.5% |
| Amounts payable | 17/49 | €44,315 | €38,335 | -€5,980 | -13.5% |
| Amounts payable after more than one year | 17 | €16,087 | €11,932 | -€4,155 | -25.8% |
| Financial debts | 170/4 | €16,087 | €11,932 | -€4,155 | -25.8% |
| Amounts payable within one year | 42/48 | €28,228 | €26,403 | -€1,825 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | €3,991 | €13,057 | +€9,066 | +227% |
| Trade debts | 44 | €11,895 | €8,229 | -€3,666 | -30.8% |
| Suppliers | 440/4 | €11,895 | €8,229 | -€3,666 | -30.8% |
| Taxes, remuneration and social security | 45 | €5,714 | €2,959 | -€2,755 | -48.2% |
| Taxes | 450/3 | €822 | €388 | -€434 | -52.8% |
| Remuneration and social security | 454/9 | €4,892 | €2,571 | -€2,321 | -47.4% |
| Other amounts payable | 47/48 | €6,628 | €2,158 | -€4,470 | -67.4% |
| Remuneration, social security and pensions | 62 | €35,963 | €13,576 | -€22,387 | -62.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,585 | €7,079 | +€3,494 | +97.5% |
| Other operating charges | 640/8 | €3,932 | €3,870 | -€62 | -1.6% |
| Gross operating margin | 9900 | €5,718 | €4,915 | -€803 | -14.0% |
| Operating profit (loss) | 9901 | -€37,762 | -€19,610 | +€18,152 | +48.1% |
| Financial income | 75/76B | €3,515 | €3,681 | +€166 | +4.7% |
| Recurring financial income | 75 | €3,515 | €104 | -€3,411 | -97.0% |
| Non-recurring financial income | 76B | €3,515 | €3,577 | +€62 | +1.8% |
| Financial charges | 65/66B | €978 | €2,039 | +€1,061 | +108% |
| Recurring financial charges | 65 | €978 | €2,039 | +€1,061 | +108% |
| Profit (loss) for the period before taxes | 9903 | -€35,225 | -€17,968 | +€17,257 | +49.0% |
| Income taxes | 67/77 | €270 | €279 | +€9 | +3.3% |
| Profit (loss) for the period | 9904 | -€35,495 | -€18,247 | +€17,248 | +48.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,495 | -€18,247 | +€17,248 | +48.6% |
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 15 October 2026 via checked.be.