DECO ART: 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.
DECO ART
Largest movements
- Tangible fixed assets +€27,121
up €27,121 (+39.6%), from €68,410 to €95,531
of which Furniture and vehicles: +€32,123
- Receivables within one year -€23,894
down €23,894 (-13.3%), from €180,190 to €156,296
of which Other amounts receivable: -€45,204
- Cash +€18,103
up €18,103 (+14.2%), from €127,501 to €145,604
mainly Trade debts (+€54,229) and Net result for the year (+€53,639)
- Other debts -€69,672
down €69,672 (-68.3%), from €102,041 to €32,369
- Trade debts +€54,229
up €54,229 (+343%), from €15,827 to €70,056
- Reserves +€53,639
up €53,639 (+25.8%), from €208,074 to €261,713
- Tax, wage and social debts -€9,020
down €9,020 (-16.9%), from €53,474 to €44,454
of which Remuneration and social security: -€6,687
- Debts after one year -€8,016
down €8,016 (-30.4%), from €26,327 to €18,311
- Gross operating margin -€54,079
down €54,079 (-8.9%), from €606,285 to €552,207
- Staff costs -€45,280
down €45,280 (-9.4%), from €481,054 to €435,774
- Depreciation -€11,651
down €11,651 (-30.8%), from €37,803 to €26,152
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 | €432,020 | €453,350 | +€21,330 | +4.9% |
| Fixed assets | 21/28 | €69,473 | €96,594 | +€27,121 | +39.0% |
| Tangible fixed assets | 22/27 | €68,410 | €95,531 | +€27,121 | +39.6% |
| Plant, machinery and equipment | 23 | €14,250 | €9,248 | -€5,001 | -35.1% |
| Furniture and vehicles | 24 | €54,160 | €86,283 | +€32,123 | +59.3% |
| Financial fixed assets | 28 | €1,063 | €1,063 | = | 0.0% |
| Current assets | 29/58 | €362,547 | €356,756 | -€5,791 | -1.6% |
| Stocks and contracts in progress | 3 | €54,856 | €54,856 | = | 0.0% |
| Stocks | 30/36 | €54,856 | €54,856 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €180,190 | €156,296 | -€23,894 | -13.3% |
| Trade receivables | 40 | €129,495 | €150,804 | +€21,310 | +16.5% |
| Other amounts receivable | 41 | €50,695 | €5,491 | -€45,204 | -89.2% |
| Cash at bank and in hand | 54/58 | €127,501 | €145,604 | +€18,103 | +14.2% |
| Total equity and liabilities | 10/49 | €432,020 | €453,350 | +€21,330 | +4.9% |
| Equity | 10/15 | €226,666 | €280,305 | +€53,639 | +23.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €208,074 | €261,713 | +€53,639 | +25.8% |
| Distributable reserves | 133 | €208,074 | €261,713 | +€53,639 | +25.8% |
| Amounts payable | 17/49 | €205,354 | €173,045 | -€32,309 | -15.7% |
| Amounts payable after more than one year | 17 | €26,327 | €18,311 | -€8,016 | -30.4% |
| Financial debts | 170/4 | €26,327 | €18,311 | -€8,016 | -30.4% |
| Amounts payable within one year | 42/48 | €179,027 | €154,734 | -€24,293 | -13.6% |
| Current portion of amounts payable after more than one year | 42 | €7,685 | €7,855 | +€170 | +2.2% |
| Trade debts | 44 | €15,827 | €70,056 | +€54,229 | +343% |
| Suppliers | 440/4 | €15,827 | €70,056 | +€54,229 | +343% |
| Taxes, remuneration and social security | 45 | €53,474 | €44,454 | -€9,020 | -16.9% |
| Taxes | 450/3 | €4,640 | €2,307 | -€2,333 | -50.3% |
| Remuneration and social security | 454/9 | €48,834 | €42,147 | -€6,687 | -13.7% |
| Other amounts payable | 47/48 | €102,041 | €32,369 | -€69,672 | -68.3% |
| Remuneration, social security and pensions | 62 | €481,054 | €435,774 | -€45,280 | -9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,803 | €26,152 | -€11,651 | -30.8% |
| Other operating charges | 640/8 | €3,963 | €4,893 | +€930 | +23.5% |
| Gross operating margin | 9900 | €606,285 | €552,207 | -€54,079 | -8.9% |
| Operating profit (loss) | 9901 | €83,466 | €85,388 | +€1,922 | +2.3% |
| Financial income | 75/76B | €834 | €908 | +€74 | +8.9% |
| Recurring financial income | 75 | €834 | €908 | +€74 | +8.9% |
| Financial charges | 65/66B | €2,310 | €2,319 | +€9 | +0.4% |
| Recurring financial charges | 65 | €2,310 | €2,319 | +€9 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | €81,990 | €83,977 | +€1,987 | +2.4% |
| Income taxes | 67/77 | €26,233 | €30,338 | +€4,105 | +15.7% |
| Profit (loss) for the period | 9904 | €55,757 | €53,639 | -€2,118 | -3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €55,757 | €53,639 | -€2,118 | -3.8% |
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.