Colour & Decoration: 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.
Colour & Decoration
Largest movements
- Intangible fixed assets +€226,938
new in 2025: €226,938
- Stocks and contracts -€15,591
down €15,591 (-26.3%), from €59,253 to €43,662
- Receivables within one year +€10,132
up €10,132 (+23.2%), from €43,604 to €53,736
of which Trade receivables: +€5,200
- Cash +€5,472
up €5,472 (+46.2%), from €11,853 to €17,325
mainly Trade debts (+€239,863) and Stocks and contracts (+€15,591)
- Trade debts +€239,863
up €239,863 (+1,133%), from €21,166 to €261,029
- Debts after one year -€7,040
down €7,040 (-6.8%), from €103,833 to €96,793
- Other debts -€5,463
down €5,463 (-9.2%), from €59,586 to €54,123
- Profit (loss) carried forward -€4,607
down €4,607 (-63.7%), from -€7,231 to -€11,838
- Gross operating margin +€17,043
up €17,043 (+1,461%), from €1,166 to €18,209
- Financial charges +€10,242
up €10,242 (+379%), from €2,704 to €12,945
- Depreciation +€5,179
up €5,179 (+175%), from €2,956 to €8,135
- Staff costs -€1,215
no longer reported in 2025 (was €1,215)
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 | €227,910 | €454,252 | +€226,342 | +99.3% |
| Fixed assets | 21/28 | €112,012 | €335,589 | +€223,577 | +200% |
| Intangible fixed assets | 21 | - | €226,938 | +€226,938 | |
| Tangible fixed assets | 22/27 | €112,012 | €108,651 | -€3,361 | -3.0% |
| Land and buildings | 22 | €112,012 | €108,651 | -€3,361 | -3.0% |
| Current assets | 29/58 | €115,897 | €118,663 | +€2,765 | +2.4% |
| Stocks and contracts in progress | 3 | €59,253 | €43,662 | -€15,591 | -26.3% |
| Stocks | 30/36 | €59,253 | €43,662 | -€15,591 | -26.3% |
| Amounts receivable within one year | 40/41 | €43,604 | €53,736 | +€10,132 | +23.2% |
| Trade receivables | 40 | €38,604 | €43,804 | +€5,200 | +13.5% |
| Other amounts receivable | 41 | €5,000 | €9,932 | +€4,932 | +98.6% |
| Cash at bank and in hand | 54/58 | €11,853 | €17,325 | +€5,472 | +46.2% |
| Deferred charges and accrued income | 490/1 | €1,188 | €3,940 | +€2,752 | +232% |
| Total equity and liabilities | 10/49 | €227,910 | €454,252 | +€226,342 | +99.3% |
| Equity | 10/15 | €17,062 | €12,455 | -€4,607 | -27.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €11,893 | €11,893 | = | 0.0% |
| Distributable reserves | 133 | €11,893 | €11,893 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,231 | -€11,838 | -€4,607 | -63.7% |
| Amounts payable | 17/49 | €210,848 | €441,797 | +€230,949 | +110% |
| Amounts payable after more than one year | 17 | €103,833 | €96,793 | -€7,040 | -6.8% |
| Financial debts | 170/4 | €103,833 | €96,793 | -€7,040 | -6.8% |
| Amounts payable within one year | 42/48 | €107,015 | €345,004 | +€237,989 | +222% |
| Current portion of amounts payable after more than one year | 42 | €15,982 | €16,640 | +€659 | +4.1% |
| Trade debts | 44 | €21,166 | €261,029 | +€239,863 | +1,133% |
| Suppliers | 440/4 | €21,166 | €261,029 | +€239,863 | +1,133% |
| Taxes, remuneration and social security | 45 | €10,281 | €13,212 | +€2,931 | +28.5% |
| Taxes | 450/3 | €9,604 | €13,212 | +€3,607 | +37.6% |
| Remuneration and social security | 454/9 | €676 | - | -€676 | |
| Other amounts payable | 47/48 | €59,586 | €54,123 | -€5,463 | -9.2% |
| Remuneration, social security and pensions | 62 | €1,215 | - | -€1,215 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,956 | €8,135 | +€5,179 | +175% |
| Other operating charges | 640/8 | €1,541 | €1,708 | +€167 | +10.9% |
| Non-recurring operating charges | 66A | - | €16 | +€16 | |
| Gross operating margin | 9900 | €1,166 | €18,209 | +€17,043 | +1,461% |
| Operating profit (loss) | 9901 | -€4,545 | €8,351 | +€12,896 | |
| Financial income | 75/76B | €18 | €79 | +€61 | +341% |
| Recurring financial income | 75 | €18 | €30 | +€12 | +66.9% |
| Non-recurring financial income | 76B | - | €49 | +€49 | |
| Financial charges | 65/66B | €2,704 | €12,945 | +€10,242 | +379% |
| Recurring financial charges | 65 | €2,704 | €12,945 | +€10,242 | +379% |
| Profit (loss) for the period before taxes | 9903 | -€7,231 | -€4,516 | +€2,715 | +37.5% |
| Income taxes | 67/77 | - | €91 | +€91 | |
| Profit (loss) for the period | 9904 | -€7,231 | -€4,607 | +€2,624 | +36.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,231 | -€4,607 | +€2,624 | +36.3% |
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.