D & V 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.
D & V DECOR
Largest movements
- Cash +€157,492
up €157,492 (+117.8%), from €133,653 to €291,145
mainly Net result for the year (+€162,716) and Debts after one year (+€99,032)
- Tangible fixed assets +€113,531
up €113,531 (+593.9%), from €19,116 to €132,647
of which Other tangible fixed assets: +€115,125
- Receivables after one year -€57,241
no longer reported in 2025 (was €57,241)
- Receivables within one year +€24,843
up €24,843 (+69.7%), from €35,631 to €60,474
of which Trade receivables: +€23,893
- Debts after one year +€99,032
up €99,032 (+1905.2%), from €5,198 to €104,230
- Other debts +€94,324
up €94,324 (+164.0%), from €57,500 to €151,824
- Trade debts +€18,748
up €18,748 (+24.5%), from €76,420 to €95,168
- Current portion of long-term debt +€15,742
up €15,742 (+398.3%), from €3,952 to €19,694
- Reserves +€7,769
up €7,769 (+15.8%), from €49,144 to €56,913
of which Distributable reserves: +€7,769
- Gross operating margin +€97,557
up €97,557 (+49.8%), from €195,800 to €293,357
- Depreciation -€6,006
down €6,006 (-25.0%), from €24,053 to €18,047
- Taxes +€3,983
up €3,983 (+3688.0%), from €108 to €4,091
- Financial charges +€3,599
up €3,599 (+906.5%), from €397 to €3,996
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 | €280,800 | €519,554 | +€238,754 | +85.0% |
| Formation expenses | 20 | €3,823 | - | -€3,823 | |
| Fixed assets | 21/28 | €19,348 | €132,879 | +€113,531 | +586.8% |
| Tangible fixed assets | 22/27 | €19,116 | €132,647 | +€113,531 | +593.9% |
| Land and buildings | 22 | €1,515 | €5 | -€1,510 | -99.7% |
| Plant, machinery and equipment | 23 | €2,018 | €704 | -€1,314 | -65.1% |
| Furniture and vehicles | 24 | €3,771 | €5,001 | +€1,230 | +32.6% |
| Other tangible fixed assets | 26 | €11,812 | €126,937 | +€115,125 | +974.6% |
| Financial fixed assets | 28 | €232 | €232 | = | 0.0% |
| Current assets | 29/58 | €257,629 | €386,675 | +€129,046 | +50.1% |
| Amounts receivable after more than one year | 29 | €57,241 | - | -€57,241 | |
| Other amounts receivable | 291 | €57,241 | - | -€57,241 | |
| Stocks and contracts in progress | 3 | €29,991 | €33,997 | +€4,006 | +13.4% |
| Stocks | 30/36 | €29,991 | €33,997 | +€4,006 | +13.4% |
| Amounts receivable within one year | 40/41 | €35,631 | €60,474 | +€24,843 | +69.7% |
| Trade receivables | 40 | €35,356 | €59,249 | +€23,893 | +67.6% |
| Other amounts receivable | 41 | €275 | €1,225 | +€950 | +345.5% |
| Cash at bank and in hand | 54/58 | €133,653 | €291,145 | +€157,492 | +117.8% |
| Deferred charges and accrued income | 490/1 | €1,113 | €1,059 | -€54 | -4.9% |
| Total equity and liabilities | 10/49 | €280,800 | €519,554 | +€238,754 | +85.0% |
| Equity | 10/15 | €111,644 | €119,413 | +€7,769 | +7.0% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €49,144 | €56,913 | +€7,769 | +15.8% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Legal reserve | 130 | €6,250 | €6,250 | = | 0.0% |
| Tax-exempt reserves | 132 | €217 | €217 | = | 0.0% |
| Distributable reserves | 133 | €42,677 | €50,446 | +€7,769 | +18.2% |
| Amounts payable | 17/49 | €169,156 | €400,141 | +€230,985 | +136.6% |
| Amounts payable after more than one year | 17 | €5,198 | €104,230 | +€99,032 | +1905.2% |
| Financial debts | 170/4 | €5,198 | €104,230 | +€99,032 | +1905.2% |
| Amounts payable within one year | 42/48 | €163,668 | €295,700 | +€132,032 | +80.7% |
| Current portion of amounts payable after more than one year | 42 | €3,952 | €19,694 | +€15,742 | +398.3% |
| Financial debts | 43 | €4,000 | - | -€4,000 | |
| Credit institutions | 430/8 | €4,000 | - | -€4,000 | |
| Trade debts | 44 | €76,420 | €95,168 | +€18,748 | +24.5% |
| Suppliers | 440/4 | €76,420 | €95,168 | +€18,748 | +24.5% |
| Taxes, remuneration and social security | 45 | €21,796 | €29,014 | +€7,218 | +33.1% |
| Taxes | 450/3 | €9,747 | €16,562 | +€6,815 | +69.9% |
| Remuneration and social security | 454/9 | €12,049 | €12,452 | +€403 | +3.3% |
| Other amounts payable | 47/48 | €57,500 | €151,824 | +€94,324 | +164.0% |
| Accrued charges and deferred income | 492/3 | €290 | €211 | -€79 | -27.2% |
| Remuneration, social security and pensions | 62 | €99,501 | €102,249 | +€2,748 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,053 | €18,047 | -€6,006 | -25.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€510 | -€510 | |
| Other operating charges | 640/8 | €3,546 | €3,774 | +€228 | +6.4% |
| Gross operating margin | 9900 | €195,800 | €293,357 | +€97,557 | +49.8% |
| Operating profit (loss) | 9901 | €68,700 | €169,797 | +€101,097 | +147.2% |
| Financial income | 75/76B | €589 | €1,006 | +€417 | +70.8% |
| Recurring financial income | 75 | €589 | €1,006 | +€417 | +70.8% |
| Financial charges | 65/66B | €397 | €3,996 | +€3,599 | +906.5% |
| Recurring financial charges | 65 | €397 | €3,996 | +€3,599 | +906.5% |
| Profit (loss) for the period before taxes | 9903 | €68,892 | €166,807 | +€97,915 | +142.1% |
| Income taxes | 67/77 | €108 | €4,091 | +€3,983 | +3688.0% |
| Profit (loss) for the period | 9904 | €68,784 | €162,716 | +€93,932 | +136.6% |
| Profit (loss) for the period to be appropriated | 9905 | €68,784 | €162,716 | +€93,932 | +136.6% |
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 11 October 2026 via checked.be.