CREA - DECOR: what changed
Two fiscal 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.
CREA - DECOR
Largest movements
- Tangible fixed assets +€38,687
up €38,687 (+55.2%), from €70,065 to €108,752
of which Furniture and vehicles: +€43,838
- Receivables within one year -€15,239
down €15,239 (-40.5%), from €37,668 to €22,429
of which Trade receivables: -€14,344
- Deferred charges and accrued income -€3,587
down €3,587 (-98.6%), from €3,639 to €52
- Debts after one year +€25,325
up €25,325 (+33.7%), from €75,072 to €100,397
- Trade debts -€18,039
down €18,039 (-64.3%), from €28,040 to €10,001
- Profit (loss) carried forward +€6,753
up €6,753 (+51.3%), from -€13,165 to -€6,412
- Current portion of long-term debt +€4,969
up €4,969 (+68.9%), from €7,212 to €12,181
- Write-downs -€12,720
down €12,720, from €6,360 to -€6,360
- Staff costs -€8,264
down €8,264 (-14.2%), from €58,046 to €49,782
- Depreciation +€4,599
up €4,599 (+55.5%), from €8,279 to €12,878
- Gross operating margin +€3,786
up €3,786 (+5.8%), from €65,543 to €69,329
- Other operating charges -€826
down €826 (-27.3%), from €3,021 to €2,195
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.
Cash bridge derived
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 | €125,027 | €144,741 | +€19,714 | +15.8% |
| Fixed assets | 21/28 | €70,065 | €108,752 | +€38,687 | +55.2% |
| Tangible fixed assets | 22/27 | €70,065 | €108,752 | +€38,687 | +55.2% |
| Land and buildings | 22 | €63,998 | €59,744 | -€4,255 | -6.6% |
| Plant, machinery and equipment | 23 | €1,509 | €613 | -€896 | -59.4% |
| Furniture and vehicles | 24 | €4,558 | €48,395 | +€43,838 | +961.8% |
| Current assets | 29/58 | €54,962 | €35,989 | -€18,973 | -34.5% |
| Stocks and contracts in progress | 3 | €4,907 | €4,415 | -€492 | -10.0% |
| Stocks | 30/36 | €4,907 | €4,415 | -€492 | -10.0% |
| Amounts receivable within one year | 40/41 | €37,668 | €22,429 | -€15,239 | -40.5% |
| Trade receivables | 40 | €25,759 | €11,415 | -€14,344 | -55.7% |
| Other amounts receivable | 41 | €11,909 | €11,014 | -€895 | -7.5% |
| Cash at bank and in hand | 54/58 | €8,748 | €9,093 | +€345 | +3.9% |
| Deferred charges and accrued income | 490/1 | €3,639 | €52 | -€3,587 | -98.6% |
| Total equity and liabilities | 10/49 | €125,027 | €144,741 | +€19,714 | +15.8% |
| Equity | 10/15 | €7,295 | €14,048 | +€6,753 | +92.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,165 | -€6,412 | +€6,753 | +51.3% |
| Provisions and deferred taxes | 16 | - | €579 | +€579 | |
| Provisions for liabilities and charges | 160/5 | - | €579 | +€579 | |
| Other liabilities and charges | 164/5 | - | €579 | +€579 | |
| Amounts payable | 17/49 | €117,732 | €130,114 | +€12,382 | +10.5% |
| Amounts payable after more than one year | 17 | €75,072 | €100,397 | +€25,325 | +33.7% |
| Financial debts | 170/4 | €75,072 | €100,397 | +€25,325 | +33.7% |
| Amounts payable within one year | 42/48 | €41,760 | €28,793 | -€12,968 | -31.1% |
| Current portion of amounts payable after more than one year | 42 | €7,212 | €12,181 | +€4,969 | +68.9% |
| Trade debts | 44 | €28,040 | €10,001 | -€18,039 | -64.3% |
| Suppliers | 440/4 | €28,040 | €10,001 | -€18,039 | -64.3% |
| Taxes, remuneration and social security | 45 | €4,415 | €3,345 | -€1,070 | -24.2% |
| Taxes | 450/3 | €592 | €943 | +€351 | +59.2% |
| Remuneration and social security | 454/9 | €3,823 | €2,403 | -€1,421 | -37.2% |
| Other amounts payable | 47/48 | €2,093 | €3,265 | +€1,172 | +56.0% |
| Accrued charges and deferred income | 492/3 | €900 | €925 | +€25 | +2.8% |
| Non-recurring operating income | 76A | - | €252 | +€252 | |
| Remuneration, social security and pensions | 62 | €58,046 | €49,782 | -€8,264 | -14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,279 | €12,878 | +€4,599 | +55.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,360 | -€6,360 | -€12,720 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €579 | +€579 | |
| Other operating charges | 640/8 | €3,021 | €2,195 | -€826 | -27.3% |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Gross operating margin | 9900 | €65,543 | €69,329 | +€3,786 | +5.8% |
| Operating profit (loss) | 9901 | -€10,163 | €10,254 | +€20,417 | |
| Financial income | 75/76B | €0 | €53 | +€53 | +48081.8% |
| Recurring financial income | 75 | €0 | €53 | +€53 | +48081.8% |
| Financial charges | 65/66B | €2,466 | €3,158 | +€692 | +28.0% |
| Recurring financial charges | 65 | €2,466 | €3,158 | +€692 | +28.0% |
| Profit (loss) for the period before taxes | 9903 | -€12,629 | €7,149 | +€19,778 | |
| Income taxes | 67/77 | €535 | €396 | -€139 | -26.0% |
| Profit (loss) for the period | 9904 | -€13,165 | €6,753 | +€19,918 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,165 | €6,753 | +€19,918 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.