CADO 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.
CADO DECOR
Largest movements
- Receivables within one year -€24,843
down €24,843 (-56.6%), from €43,925 to €19,082
of which Trade receivables: -€22,975
- Stocks and contracts +€8,472
up €8,472 (+255%), from €3,327 to €11,799
- Cash +€8,220
up €8,220 (+173%), from €4,752 to €12,972
mainly Receivables within one year (+€24,843) and Trade debts (+€13,708)
- Profit (loss) carried forward -€30,389
down €30,389 (-40.7%), from -€74,736 to -€105,125
- Trade debts +€13,708
up €13,708 (+13.1%), from €104,245 to €117,953
- Other debts +€4,536
up €4,536 (+73.2%), from €6,200 to €10,736
- Tax, wage and social debts +€3,625
up €3,625 (+37.5%), from €9,669 to €13,295
of which Taxes: +€7,284
- Purchases and services -€19,985
down €19,985 (-13.1%), from €152,992 to €133,008
- Staff costs -€16,680
down €16,680 (-32.1%), from €51,990 to €35,309
- Gross operating margin +€16,575
up €16,575, from -€2,064 to €14,511
- Turnover -€5,067
down €5,067 (-3.5%), from €146,250 to €141,183
- Financial charges +€2,317
up €2,317 (+244%), from €950 to €3,267
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €65,829 | €57,310 | -€8,519 | -12.9% |
| Fixed assets | 21/28 | €11,057 | €10,542 | -€514 | -4.7% |
| Tangible fixed assets | 22/27 | €11,003 | €10,489 | -€514 | -4.7% |
| Furniture and vehicles | 24 | €9,161 | €8,958 | -€204 | -2.2% |
| Other tangible fixed assets | 26 | €1,842 | €1,531 | -€310 | -16.9% |
| Financial fixed assets | 28 | €54 | €54 | = | 0.0% |
| Current assets | 29/58 | €54,773 | €46,768 | -€8,005 | -14.6% |
| Stocks and contracts in progress | 3 | €3,327 | €11,799 | +€8,472 | +255% |
| Stocks | 30/36 | €3,327 | €11,799 | +€8,472 | +255% |
| Amounts receivable within one year | 40/41 | €43,925 | €19,082 | -€24,843 | -56.6% |
| Trade receivables | 40 | €35,728 | €12,754 | -€22,975 | -64.3% |
| Other amounts receivable | 41 | €8,197 | €6,328 | -€1,869 | -22.8% |
| Cash at bank and in hand | 54/58 | €4,752 | €12,972 | +€8,220 | +173% |
| Deferred charges and accrued income | 490/1 | €2,769 | €2,915 | +€146 | +5.3% |
| Total equity and liabilities | 10/49 | €65,829 | €57,310 | -€8,519 | -12.9% |
| Equity | 10/15 | -€54,285 | -€84,674 | -€30,389 | -56.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€74,736 | -€105,125 | -€30,389 | -40.7% |
| Amounts payable | 17/49 | €120,114 | €141,984 | +€21,869 | +18.2% |
| Amounts payable within one year | 42/48 | €120,114 | €141,984 | +€21,869 | +18.2% |
| Trade debts | 44 | €104,245 | €117,953 | +€13,708 | +13.1% |
| Suppliers | 440/4 | €104,245 | €117,953 | +€13,708 | +13.1% |
| Taxes, remuneration and social security | 45 | €9,669 | €13,295 | +€3,625 | +37.5% |
| Taxes | 450/3 | €310 | €7,594 | +€7,284 | +2,348% |
| Remuneration and social security | 454/9 | €9,359 | €5,701 | -€3,658 | -39.1% |
| Other amounts payable | 47/48 | €6,200 | €10,736 | +€4,536 | +73.2% |
| Turnover | 70 | €146,250 | €141,183 | -€5,067 | -3.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €152,992 | €133,008 | -€19,985 | -13.1% |
| Remuneration, social security and pensions | 62 | €51,990 | €35,309 | -€16,680 | -32.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,961 | €3,372 | -€589 | -14.9% |
| Other operating charges | 640/8 | €3,266 | €2,953 | -€313 | -9.6% |
| Gross operating margin | 9900 | -€2,064 | €14,511 | +€16,575 | |
| Operating profit (loss) | 9901 | -€61,281 | -€27,123 | +€34,158 | +55.7% |
| Financial income | 75/76B | €7 | €1 | -€6 | -83.8% |
| Recurring financial income | 75 | €7 | €1 | -€6 | -83.8% |
| Financial charges | 65/66B | €950 | €3,267 | +€2,317 | +244% |
| Recurring financial charges | 65 | €950 | €3,267 | +€2,317 | +244% |
| Profit (loss) for the period before taxes | 9903 | -€62,223 | -€30,389 | +€31,835 | +51.2% |
| Income taxes | 67/77 | €310 | - | -€310 | |
| Profit (loss) for the period | 9904 | -€62,534 | -€30,389 | +€32,145 | +51.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€62,534 | -€30,389 | +€32,145 | +51.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.