DECKERS - TEGELDECOR: 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.
What changed
DECKERS - TEGELDECOR
NACE 46.831, Wholesale of construction materials, general range
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1,612
2024 · €81,476-€79,864
Equity
€915,580
2024 · €913,969+€1,612
Cash
€330,025
2024 · €280,941+€49,084
Balance sheet total
€1.1m
2024 · €1.1m+€34,266
Largest movements
Assets
- Tangible fixed assets +€98,565
up €98,565 (+2,594%), from €3,800 to €102,365
of which Furniture and vehicles: +€60,779
- Receivables within one year -€78,811
down €78,811 (-44.0%), from €179,308 to €100,497
of which Other amounts receivable: -€105,473
- Cash +€49,084
up €49,084 (+17.5%), from €280,941 to €330,025
mainly Receivables within one year (+€78,811) and Debts after one year (+€50,863)
- Stocks and contracts -€35,322
down €35,322 (-23.9%), from €147,816 to €112,495
Equity and liabilities
- Debts after one year +€50,863
new in 2025: €50,863
- Advances received -€14,425
down €14,425 (-56.3%), from €25,603 to €11,178
- Current portion of long-term debt +€11,767
new in 2025: €11,767
Income statement
- Gross operating margin -€78,246
down €78,246 (-37.5%), from €208,675 to €130,429
- Financial income -€22,785
down €22,785 (-86.4%), from €26,379 to €3,595
- Taxes -€4,555
down €4,555 (-75.9%), from €6,000 to €1,445
- Depreciation +€3,485
up €3,485 (+161%), from €2,171 to €5,655
- Financial charges -€2,674
down €2,674 (-47.9%), from €5,585 to €2,911
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.
Result 2024
€81,476
Gross operating margin
-€78,246
Staff costs
-€1,801
Depreciation
-€3,485
Write-downs
-€198
Other operating charges
-€2,534
Financial income
-€22,785
Financial charges
+€2,674
Taxes
+€4,555
Deferred taxes and other
+€21,954
Result 2025
€1,612
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€99,988
Investment
-€105,220
Financing
+€54,315
Cash 2024
€280,941
From operations (derived)
+€99,988
Net result for the year
+€1,612
Depreciation
+€5,655
Stocks and contracts
+€35,322
Receivables within one year
+€78,811
Deferred charges and accrued income
+€250
Provisions
-€704
Trade debts
-€8,422
Tax, wage and social debts
+€2,857
Advances received
-€14,425
Accrued charges and deferred income
-€968
Investment (derived)
-€105,220
Investment in fixed assets (net)
-€104,220
Current investments
-€1,000
Financing
+€54,315
Debts after one year
+€50,863
Current portion of long-term debt
+€11,767
Short-term financial debts
-€8,315
Cash 2025
€330,025
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,050,035 | €1,084,300 | +€34,266 | +3.3% |
| Fixed assets | 21/28 | €3,969 | €102,534 | +€98,565 | +2,483% |
| Tangible fixed assets | 22/27 | €3,800 | €102,365 | +€98,565 | +2,594% |
| Land and buildings | 22 | €2,395 | €40,180 | +€37,786 | +1,578% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €1,406 | €62,185 | +€60,779 | +4,323% |
| Financial fixed assets | 28 | €169 | €169 | = | 0.0% |
| Current assets | 29/58 | €1,046,066 | €981,767 | -€64,299 | -6.1% |
| Stocks and contracts in progress | 3 | €147,816 | €112,495 | -€35,322 | -23.9% |
| Stocks | 30/36 | €147,816 | €112,495 | -€35,322 | -23.9% |
| Amounts receivable within one year | 40/41 | €179,308 | €100,497 | -€78,811 | -44.0% |
| Trade receivables | 40 | €24,386 | €51,048 | +€26,662 | +109% |
| Other amounts receivable | 41 | €154,922 | €49,449 | -€105,473 | -68.1% |
| Current investments | 50/53 | €435,000 | €436,000 | +€1,000 | +0.2% |
| Cash at bank and in hand | 54/58 | €280,941 | €330,025 | +€49,084 | +17.5% |
| Deferred charges and accrued income | 490/1 | €3,000 | €2,750 | -€250 | -8.3% |
| Total equity and liabilities | 10/49 | €1,050,035 | €1,084,300 | +€34,266 | +3.3% |
| Equity | 10/15 | €913,969 | €915,580 | +€1,612 | +0.2% |
| Contributions | 10/11 | €185,904 | €185,904 | = | 0.0% |
| Capital | 10 | €185,904 | €185,904 | = | 0.0% |
| Issued capital | 100 | €185,904 | €185,904 | = | 0.0% |
| Reserves | 13 | €728,065 | €729,677 | +€1,612 | +0.2% |
| Non-distributable reserves | 130/1 | €51,910 | €51,910 | = | 0.0% |
| Legal reserve | 130 | €51,910 | €51,910 | = | 0.0% |
| Tax-exempt reserves | 132 | €190,050 | €124,787 | -€65,263 | -34.3% |
| Distributable reserves | 133 | €486,105 | €552,980 | +€66,875 | +13.8% |
| Provisions and deferred taxes | 16 | €21,250 | €20,546 | -€704 | -3.3% |
| Deferred taxes | 168 | €21,250 | €20,546 | -€704 | -3.3% |
| Amounts payable | 17/49 | €114,816 | €148,175 | +€33,358 | +29.1% |
| Amounts payable after more than one year | 17 | - | €50,863 | +€50,863 | |
| Financial debts | 170/4 | - | €50,863 | +€50,863 | |
| Amounts payable within one year | 42/48 | €113,849 | €97,312 | -€16,537 | -14.5% |
| Current portion of amounts payable after more than one year | 42 | - | €11,767 | +€11,767 | |
| Financial debts | 43 | €8,315 | €0 | -€8,315 | -100% |
| Credit institutions | 430/8 | €8,315 | €0 | -€8,315 | -100% |
| Trade debts | 44 | €61,420 | €52,998 | -€8,422 | -13.7% |
| Suppliers | 440/4 | €61,420 | €52,998 | -€8,422 | -13.7% |
| Advances received on contracts in progress | 46 | €25,603 | €11,178 | -€14,425 | -56.3% |
| Taxes, remuneration and social security | 45 | €18,511 | €21,369 | +€2,857 | +15.4% |
| Taxes | 450/3 | €3,370 | €5,962 | +€2,592 | +76.9% |
| Remuneration and social security | 454/9 | €15,141 | €15,407 | +€265 | +1.8% |
| Accrued charges and deferred income | 492/3 | €968 | €0 | -€968 | -100% |
| Non-recurring operating income | 76A | €85,000 | €1,414 | -€83,586 | -98.3% |
| Remuneration, social security and pensions | 62 | €117,229 | €119,030 | +€1,801 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,171 | €5,655 | +€3,485 | +161% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €198 | +€198 | |
| Other operating charges | 640/8 | €1,344 | €3,877 | +€2,534 | +189% |
| Gross operating margin | 9900 | €208,675 | €130,429 | -€78,246 | -37.5% |
| Operating profit (loss) | 9901 | €87,932 | €1,669 | -€86,264 | -98.1% |
| Financial income | 75/76B | €26,379 | €3,595 | -€22,785 | -86.4% |
| Recurring financial income | 75 | €26,379 | €3,595 | -€22,785 | -86.4% |
| Financial charges | 65/66B | €5,585 | €2,911 | -€2,674 | -47.9% |
| Recurring financial charges | 65 | €5,585 | €2,911 | -€2,674 | -47.9% |
| Profit (loss) for the period before taxes | 9903 | €108,726 | €2,352 | -€106,374 | -97.8% |
| Transfer from deferred taxes | 780 | - | €704 | +€704 | |
| Transfer to deferred taxes | 680 | €21,250 | €0 | -€21,250 | -100% |
| Income taxes | 67/77 | €6,000 | €1,445 | -€4,555 | -75.9% |
| Profit (loss) for the period | 9904 | €81,476 | €1,612 | -€79,864 | -98.0% |
| Transfer from tax-exempt reserves | 789 | - | €65,263 | +€65,263 | |
| Transfer to tax-exempt reserves | 689 | €63,750 | €0 | -€63,750 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €17,726 | €66,875 | +€49,149 | +277% |
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 23 October 2026 via checked.be.