DECO COLOR: 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
DECO COLOR
NACE 47.521, Retail sale of hardware, building materials, paint and glass (general range)
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€67,916
2023 · €61,462+€6,455
Equity
€360,864
2023 · €292,948+€67,916
Cash
€111,657
2023 · €59,323+€52,334
Balance sheet total
€2.0m
2023 · €758,281+€1.2m
Largest movements
Assets
- Receivables within one year +€1.1m
up €1.1m (+504%), from €221,485 to €1.3m
of which Trade receivables: +€1.1m
- Cash +€52,334
up €52,334 (+88.2%), from €59,323 to €111,657
mainly Trade debts (+€1.1m) and Net result for the year (+€67,916)
- Stocks and contracts +€42,425
up €42,425 (+34.6%), from €122,490 to €164,915
Equity and liabilities
- Trade debts +€1.1m
up €1.1m (+3,090%), from €34,764 to €1.1m
- Profit (loss) carried forward +€67,916
up €67,916 (+35.9%), from €189,348 to €257,264
- Debts after one year +€62,864
up €62,864 (+21.0%), from €299,784 to €362,648
Income statement
- Turnover -€11.1m
no longer reported in 2024 (was €11.1m)
- Purchases and services -€872,625
no longer reported in 2024 (was €872,625)
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.
Result 2023
€61,462
Gross operating margin
-€26,708
Staff costs
+€51,568
Depreciation
-€4,500
Other operating charges
-€1,832
Financial income
+€64
Financial charges
-€3,781
Taxes
-€8,357
Result 2024
€67,916
raises the resultlowers the result
Derived cash bridge
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.
From operations
+€18,642
Investment
-€33,223
Financing
+€66,914
Cash 2023
€59,323
From operations (derived)
+€18,642
Net result for the year
+€67,916
Depreciation
+€38,522
Stocks and contracts
-€42,425
Receivables within one year
-€1.1m
Smaller working-capital items
+€511
Trade debts
+€1.1m
Accrued charges and deferred income
-€3,399
Investment (derived)
-€33,223
Investment in fixed assets (net)
-€33,223
Financing
+€66,914
Debts after one year
+€62,864
Current portion of long-term debt
+€6,239
Short-term financial debts
-€2,189
Contributions, distributions and other
+€0
Cash 2024
€111,657
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €758,281 | €1,963,630 | +€1.2m | +159% |
| Fixed assets | 21/28 | €354,239 | €348,940 | -€5,299 | -1.5% |
| Tangible fixed assets | 22/27 | €354,239 | €348,940 | -€5,299 | -1.5% |
| Land and buildings | 22 | €298,182 | €314,191 | +€16,009 | +5.4% |
| Plant, machinery and equipment | 23 | €9,824 | €6,664 | -€3,160 | -32.2% |
| Furniture and vehicles | 24 | €43,446 | €25,714 | -€17,732 | -40.8% |
| Other tangible fixed assets | 26 | €2,788 | €2,371 | -€417 | -15.0% |
| Current assets | 29/58 | €404,042 | €1,614,690 | +€1.2m | +300% |
| Stocks and contracts in progress | 3 | €122,490 | €164,915 | +€42,425 | +34.6% |
| Stocks | 30/36 | €122,490 | €164,915 | +€42,425 | +34.6% |
| Amounts receivable within one year | 40/41 | €221,485 | €1,338,070 | +€1.1m | +504% |
| Trade receivables | 40 | €209,655 | €1,319,789 | +€1.1m | +530% |
| Other amounts receivable | 41 | €11,830 | €18,281 | +€6,451 | +54.5% |
| Cash at bank and in hand | 54/58 | €59,323 | €111,657 | +€52,334 | +88.2% |
| Deferred charges and accrued income | 490/1 | €744 | €48 | -€696 | -93.6% |
| Total equity and liabilities | 10/49 | €758,281 | €1,963,630 | +€1.2m | +159% |
| Equity | 10/15 | €292,948 | €360,864 | +€67,916 | +23.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €85,000 | €85,000 | = | 0.0% |
| Distributable reserves | 133 | €85,000 | €85,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €189,348 | €257,264 | +€67,916 | +35.9% |
| Amounts payable | 17/49 | €465,334 | €1,602,766 | +€1.1m | +244% |
| Amounts payable after more than one year | 17 | €299,784 | €362,648 | +€62,864 | +21.0% |
| Financial debts | 170/4 | €299,784 | €362,648 | +€62,864 | +21.0% |
| Amounts payable within one year | 42/48 | €159,413 | €1,237,380 | +€1.1m | +676% |
| Current portion of amounts payable after more than one year | 42 | €27,350 | €33,589 | +€6,239 | +22.8% |
| Financial debts | 43 | €2,189 | - | -€2,189 | |
| Other loans | 439 | €2,189 | - | -€2,189 | |
| Trade debts | 44 | €34,764 | €1,108,866 | +€1.1m | +3,090% |
| Suppliers | 440/4 | €34,764 | €1,108,866 | +€1.1m | +3,090% |
| Taxes, remuneration and social security | 45 | €92,573 | €94,925 | +€2,352 | +2.5% |
| Taxes | 450/3 | €69,295 | €69,929 | +€634 | +0.9% |
| Remuneration and social security | 454/9 | €23,278 | €24,996 | +€1,718 | +7.4% |
| Other amounts payable | 47/48 | €2,537 | - | -€2,537 | |
| Accrued charges and deferred income | 492/3 | €6,137 | €2,738 | -€3,399 | -55.4% |
| Turnover | 70 | €11,135,097 | - | -€11.1m | |
| Goods, raw materials, services and sundry goods | 60/61 | €872,625 | - | -€872,625 | |
| Remuneration, social security and pensions | 62 | €149,744 | €98,176 | -€51,568 | -34.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,022 | €38,522 | +€4,500 | +13.2% |
| Other operating charges | 640/8 | €7,008 | €8,840 | +€1,832 | +26.1% |
| Non-recurring operating charges | 66A | -€0 | €0 | +€0 | |
| Gross operating margin | 9900 | €294,662 | €267,954 | -€26,708 | -9.1% |
| Operating profit (loss) | 9901 | €103,888 | €122,416 | +€18,528 | +17.8% |
| Financial income | 75/76B | €11 | €75 | +€64 | +602% |
| Recurring financial income | 75 | €11 | €7 | -€4 | -34.5% |
| Non-recurring financial income | 76B | - | €68 | +€68 | |
| Financial charges | 65/66B | €18,734 | €22,515 | +€3,781 | +20.2% |
| Recurring financial charges | 65 | €18,734 | €22,515 | +€3,781 | +20.2% |
| Profit (loss) for the period before taxes | 9903 | €85,165 | €99,976 | +€14,811 | +17.4% |
| Income taxes | 67/77 | €23,703 | €32,060 | +€8,357 | +35.3% |
| Profit (loss) for the period | 9904 | €61,462 | €67,916 | +€6,455 | +10.5% |
| Profit (loss) for the period to be appropriated | 9905 | €61,462 | €67,916 | +€6,455 | +10.5% |
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 25 October 2026 via checked.be.