CULOT DECO: 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.
CULOT DECO
Largest movements
- Tangible fixed assets -€3,580
down €3,580 (-27.5%), from €13,020 to €9,441
- Cash -€3,471
down €3,471 (-58.0%), from €5,988 to €2,517
mainly Net result for the year (-€4,197) and Tax, wage and social debts (-€1,527)
- Receivables within one year +€1,235
up €1,235 (+79.7%), from €1,550 to €2,785
of which Trade receivables: +€682
- Formation expenses -€498
down €498 (-30.8%), from €1,620 to €1,122
- Profit (loss) carried forward -€4,197
down €4,197, from €2,032 to -€2,165
- Tax, wage and social debts -€1,527
down €1,527 (-44.4%), from €3,443 to €1,915
of which Remuneration and social security: -€1,007
- Other debts -€981
down €981 (-8.2%), from €11,958 to €10,977
- Trade debts +€392
up €392 (+22.4%), from €1,746 to €2,138
- Gross operating margin -€6,732
down €6,732 (-66.3%), from €10,158 to €3,426
- Other operating charges -€655
down €655 (-45.0%), from €1,456 to €801
- Taxes -€524
down €524 (-46.8%), from €1,121 to €597
- Depreciation +€313
up €313 (+8.3%), from €3,765 to €4,078
- Staff costs +€287
up €287 (+14.5%), from €1,975 to €2,263
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 | €22,178 | €15,865 | -€6,314 | -28.5% |
| Formation expenses | 20 | €1,620 | €1,122 | -€498 | -30.8% |
| Fixed assets | 21/28 | €13,020 | €9,441 | -€3,580 | -27.5% |
| Tangible fixed assets | 22/27 | €13,020 | €9,441 | -€3,580 | -27.5% |
| Furniture and vehicles | 24 | €13,020 | €9,441 | -€3,580 | -27.5% |
| Current assets | 29/58 | €7,538 | €5,302 | -€2,236 | -29.7% |
| Amounts receivable within one year | 40/41 | €1,550 | €2,785 | +€1,235 | +79.7% |
| Trade receivables | 40 | €1,550 | €2,232 | +€682 | +44.0% |
| Other amounts receivable | 41 | - | €553 | +€553 | |
| Cash at bank and in hand | 54/58 | €5,988 | €2,517 | -€3,471 | -58.0% |
| Total equity and liabilities | 10/49 | €22,178 | €15,865 | -€6,314 | -28.5% |
| Equity | 10/15 | €5,032 | €835 | -€4,197 | -83.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,032 | -€2,165 | -€4,197 | |
| Amounts payable | 17/49 | €17,147 | €15,030 | -€2,117 | -12.3% |
| Amounts payable within one year | 42/48 | €17,147 | €15,030 | -€2,117 | -12.3% |
| Trade debts | 44 | €1,746 | €2,138 | +€392 | +22.4% |
| Suppliers | 440/4 | €1,746 | €2,138 | +€392 | +22.4% |
| Taxes, remuneration and social security | 45 | €3,443 | €1,915 | -€1,527 | -44.4% |
| Taxes | 450/3 | €2,436 | €1,915 | -€520 | -21.4% |
| Remuneration and social security | 454/9 | €1,007 | - | -€1,007 | |
| Other amounts payable | 47/48 | €11,958 | €10,977 | -€981 | -8.2% |
| Remuneration, social security and pensions | 62 | €1,975 | €2,263 | +€287 | +14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,765 | €4,078 | +€313 | +8.3% |
| Other operating charges | 640/8 | €1,456 | €801 | -€655 | -45.0% |
| Gross operating margin | 9900 | €10,158 | €3,426 | -€6,732 | -66.3% |
| Operating profit (loss) | 9901 | €2,962 | -€3,715 | -€6,677 | |
| Financial income | 75/76B | €432 | €244 | -€188 | -43.4% |
| Recurring financial income | 75 | €432 | €244 | -€188 | -43.4% |
| Financial charges | 65/66B | €86 | €129 | +€43 | +49.7% |
| Recurring financial charges | 65 | €86 | €129 | +€43 | +49.7% |
| Profit (loss) for the period before taxes | 9903 | €3,308 | -€3,600 | -€6,908 | |
| Income taxes | 67/77 | €1,121 | €597 | -€524 | -46.8% |
| Profit (loss) for the period | 9904 | €2,187 | -€4,197 | -€6,384 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,187 | -€4,197 | -€6,384 |
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 30 October 2026 via checked.be.