COUVY - 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.
COUVY - DECOR
Largest movements
- Tangible fixed assets -€13,088
down €13,088 (-6.4%), from €203,043 to €189,956
of which Plant, machinery and equipment: -€9,153
- Cash +€8,847
up €8,847 (+6.0%), from €146,410 to €155,258
mainly Depreciation (+€17,300) and Trade debts (+€8,878)
- Stocks and contracts -€6,029
down €6,029 (-3.5%), from €170,772 to €164,744
- Profit (loss) carried forward -€21,311
new in 2025: -€21,311
- Trade debts +€8,878
up €8,878 (+23.3%), from €38,040 to €46,918
- Gross operating margin -€108,107
down €108,107 (-51.1%), from €211,558 to €103,450
- Staff costs -€69,528
down €69,528 (-40.5%), from €171,531 to €102,003
- Depreciation -€11,344
down €11,344 (-39.6%), from €28,644 to €17,300
- Financial charges -€3,678
down €3,678 (-26.2%), from €14,054 to €10,376
- Financial income +€2,913
up €2,913 (+68.1%), from €4,281 to €7,194
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 | €598,973 | €589,702 | -€9,271 | -1.5% |
| Fixed assets | 21/28 | €213,182 | €200,094 | -€13,088 | -6.1% |
| Tangible fixed assets | 22/27 | €203,043 | €189,956 | -€13,088 | -6.4% |
| Land and buildings | 22 | €159,062 | €159,062 | = | 0.0% |
| Plant, machinery and equipment | 23 | €37,095 | €27,942 | -€9,153 | -24.7% |
| Furniture and vehicles | 24 | €6,887 | €2,952 | -€3,934 | -57.1% |
| Financial fixed assets | 28 | €10,139 | €10,139 | = | 0.0% |
| Current assets | 29/58 | €385,791 | €389,608 | +€3,817 | +1.0% |
| Stocks and contracts in progress | 3 | €170,772 | €164,744 | -€6,029 | -3.5% |
| Stocks | 30/36 | €170,772 | €164,744 | -€6,029 | -3.5% |
| Amounts receivable within one year | 40/41 | €54,995 | €56,768 | +€1,773 | +3.2% |
| Trade receivables | 40 | €39,728 | €41,179 | +€1,451 | +3.7% |
| Other amounts receivable | 41 | €15,267 | €15,589 | +€322 | +2.1% |
| Current investments | 50/53 | €6,530 | €6,530 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €146,410 | €155,258 | +€8,847 | +6.0% |
| Deferred charges and accrued income | 490/1 | €7,083 | €6,308 | -€775 | -10.9% |
| Total equity and liabilities | 10/49 | €598,973 | €589,702 | -€9,271 | -1.5% |
| Equity | 10/15 | €361,574 | €340,263 | -€21,311 | -5.9% |
| Contributions | 10/11 | €81,805 | €81,805 | = | 0.0% |
| Reserves | 13 | €279,769 | €279,769 | = | 0.0% |
| Tax-exempt reserves | 132 | €16,000 | €16,000 | = | 0.0% |
| Distributable reserves | 133 | €263,769 | €263,769 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€21,311 | -€21,311 | |
| Amounts payable | 17/49 | €237,399 | €249,439 | +€12,040 | +5.1% |
| Amounts payable after more than one year | 17 | €3,541 | - | -€3,541 | |
| Financial debts | 170/4 | €3,541 | - | -€3,541 | |
| Amounts payable within one year | 42/48 | €233,859 | €249,439 | +€15,581 | +6.7% |
| Current portion of amounts payable after more than one year | 42 | €3,185 | €3,541 | +€355 | +11.2% |
| Financial debts | 43 | €175,000 | €175,000 | = | 0.0% |
| Credit institutions | 430/8 | €175,000 | €175,000 | = | 0.0% |
| Trade debts | 44 | €38,040 | €46,918 | +€8,878 | +23.3% |
| Suppliers | 440/4 | €38,040 | €46,918 | +€8,878 | +23.3% |
| Taxes, remuneration and social security | 45 | €16,869 | €19,371 | +€2,502 | +14.8% |
| Taxes | 450/3 | €3,557 | €4,690 | +€1,133 | +31.8% |
| Remuneration and social security | 454/9 | €13,312 | €14,681 | +€1,369 | +10.3% |
| Other amounts payable | 47/48 | €764 | €4,609 | +€3,845 | +503% |
| Remuneration, social security and pensions | 62 | €171,531 | €102,003 | -€69,528 | -40.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,644 | €17,300 | -€11,344 | -39.6% |
| Other operating charges | 640/8 | €2,620 | €2,111 | -€510 | -19.5% |
| Gross operating margin | 9900 | €211,558 | €103,450 | -€108,107 | -51.1% |
| Operating profit (loss) | 9901 | €8,762 | -€17,964 | -€26,726 | |
| Financial income | 75/76B | €4,281 | €7,194 | +€2,913 | +68.1% |
| Recurring financial income | 75 | €4,281 | €7,194 | +€2,913 | +68.1% |
| Financial charges | 65/66B | €14,054 | €10,376 | -€3,678 | -26.2% |
| Recurring financial charges | 65 | €14,054 | €10,376 | -€3,678 | -26.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,011 | -€21,146 | -€20,135 | -1,992% |
| Income taxes | 67/77 | €400 | €165 | -€235 | -58.7% |
| Profit (loss) for the period | 9904 | -€1,411 | -€21,311 | -€19,900 | -1,410% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,411 | -€21,311 | -€19,900 | -1,410% |
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 24 October 2026 via checked.be.