CV 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.
CV DECOR
Largest movements
- Cash +€171,926
up €171,926 (+19608.4%), from €877 to €172,803
mainly Stocks and contracts (+€166,670) and Trade debts (+€47,710)
- Stocks and contracts -€166,670
down €166,670 (-67.0%), from €248,917 to €82,247
- Receivables within one year +€63,034
up €63,034 (+87.0%), from €72,445 to €135,480
of which Trade receivables: +€38,197
- Tangible fixed assets +€16,210
up €16,210 (+293.5%), from €5,523 to €21,734
of which Furniture and vehicles: +€16,450
- Deferred charges and accrued income -€5,573
down €5,573 (-85.8%), from €6,492 to €919
- Trade debts +€47,710
up €47,710 (+195.5%), from €24,398 to €72,109
- Reserves +€44,250
up €44,250 (+29.4%), from €150,360 to €194,610
of which Distributable reserves: +€44,250
- Other debts -€40,576
down €40,576 (-64.5%), from €62,914 to €22,338
- Short-term financial debts +€27,475
up €27,475 (+78.4%), from €35,025 to €62,500
- Debts after one year +€9,789
new in 2024: €9,789
- Gross operating margin +€50,752
up €50,752 (+25.6%), from €198,074 to €248,825
- Financial charges +€26,229
up €26,229 (+242.8%), from €10,804 to €37,033
- Other operating charges +€23,444
up €23,444 (+1516.4%), from €1,546 to €24,990
- Staff costs +€15,165
up €15,165 (+14.1%), from €107,703 to €122,868
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.
Cash bridge derived
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 | €334,255 | €413,182 | +€78,928 | +23.6% |
| Fixed assets | 21/28 | €5,523 | €21,734 | +€16,210 | +293.5% |
| Tangible fixed assets | 22/27 | €5,523 | €21,734 | +€16,210 | +293.5% |
| Furniture and vehicles | 24 | €4,563 | €21,014 | +€16,450 | +360.5% |
| Other tangible fixed assets | 26 | €960 | €720 | -€240 | -25.0% |
| Current assets | 29/58 | €328,731 | €391,449 | +€62,717 | +19.1% |
| Stocks and contracts in progress | 3 | €248,917 | €82,247 | -€166,670 | -67.0% |
| Stocks | 30/36 | €248,917 | €82,247 | -€166,670 | -67.0% |
| Amounts receivable within one year | 40/41 | €72,445 | €135,480 | +€63,034 | +87.0% |
| Trade receivables | 40 | €70,853 | €109,050 | +€38,197 | +53.9% |
| Other amounts receivable | 41 | €1,592 | €26,430 | +€24,838 | +1560.1% |
| Cash at bank and in hand | 54/58 | €877 | €172,803 | +€171,926 | +19608.4% |
| Deferred charges and accrued income | 490/1 | €6,492 | €919 | -€5,573 | -85.8% |
| Total equity and liabilities | 10/49 | €334,255 | €413,182 | +€78,928 | +23.6% |
| Equity | 10/15 | €169,142 | €213,211 | +€44,070 | +26.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €150,360 | €194,610 | +€44,250 | +29.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €148,500 | €192,750 | +€44,250 | +29.8% |
| Profit (loss) carried forward | 14 | €182 | €1 | -€180 | -99.3% |
| Amounts payable | 17/49 | €165,113 | €199,971 | +€34,858 | +21.1% |
| Amounts payable after more than one year | 17 | - | €9,789 | +€9,789 | |
| Financial debts | 170/4 | - | €9,789 | +€9,789 | |
| Amounts payable within one year | 42/48 | €157,088 | €189,326 | +€32,239 | +20.5% |
| Current portion of amounts payable after more than one year | 42 | €7,500 | €4,706 | -€2,794 | -37.3% |
| Financial debts | 43 | €35,025 | €62,500 | +€27,475 | +78.4% |
| Credit institutions | 430/8 | €35,025 | €62,500 | +€27,475 | +78.4% |
| Trade debts | 44 | €24,398 | €72,109 | +€47,710 | +195.5% |
| Suppliers | 440/4 | €24,398 | €72,109 | +€47,710 | +195.5% |
| Advances received on contracts in progress | 46 | - | €2,676 | +€2,676 | |
| Taxes, remuneration and social security | 45 | €27,251 | €24,999 | -€2,253 | -8.3% |
| Taxes | 450/3 | €15,419 | €7,824 | -€7,596 | -49.3% |
| Remuneration and social security | 454/9 | €11,832 | €17,175 | +€5,343 | +45.2% |
| Other amounts payable | 47/48 | €62,914 | €22,338 | -€40,576 | -64.5% |
| Accrued charges and deferred income | 492/3 | €8,025 | €856 | -€7,170 | -89.3% |
| Non-recurring operating income | 76A | - | €2,500 | +€2,500 | |
| Remuneration, social security and pensions | 62 | €107,703 | €122,868 | +€15,165 | +14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,320 | €2,594 | +€274 | +11.8% |
| Other operating charges | 640/8 | €1,546 | €24,990 | +€23,444 | +1516.4% |
| Gross operating margin | 9900 | €198,074 | €248,825 | +€50,752 | +25.6% |
| Operating profit (loss) | 9901 | €86,504 | €98,373 | +€11,869 | +13.7% |
| Financial income | 75/76B | €3 | €9 | +€6 | +186.0% |
| Recurring financial income | 75 | €3 | €9 | +€6 | +186.0% |
| Financial charges | 65/66B | €10,804 | €37,033 | +€26,229 | +242.8% |
| Recurring financial charges | 65 | €10,804 | €37,033 | +€26,229 | +242.8% |
| Profit (loss) for the period before taxes | 9903 | €75,703 | €61,348 | -€14,355 | -19.0% |
| Income taxes | 67/77 | €15,140 | €13,779 | -€1,361 | -9.0% |
| Profit (loss) for the period | 9904 | €60,563 | €47,570 | -€12,994 | -21.5% |
| Profit (loss) for the period to be appropriated | 9905 | €60,563 | €47,570 | -€12,994 | -21.5% |
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 11 October 2026 via checked.be.