DECO & DESIGN EXPERT: 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 & DESIGN EXPERT
Largest movements
- Tangible fixed assets -€61,113
down €61,113 (-46.3%), from €131,854 to €70,742
of which Furniture and vehicles: -€59,951
- Receivables within one year +€30,465
up €30,465 (+37.3%), from €81,597 to €112,062
of which Trade receivables: +€37,020
- Cash -€11,565
no longer reported in 2025 (was €11,565)
mainly Debts after one year (-€39,899) and Receivables within one year (-€30,465)
- Debts after one year -€39,899
down €39,899 (-42.6%), from €93,741 to €53,843
- Short-term financial debts +€5,114
up €5,114 (+20.5%), from €25,000 to €30,114
- Profit (loss) carried forward -€3,956
down €3,956 (-24.2%), from -€16,376 to -€20,331
- Write-downs -€65,321
no longer reported in 2025 (was €65,321)
- Depreciation -€16,861
down €16,861 (-41.6%), from €40,493 to €23,632
- Gross operating margin +€14,704
up €14,704 (+27.6%), from €53,335 to €68,039
- Other operating charges +€7,163
up €7,163 (+429%), from €1,668 to €8,831
- Staff costs -€4,966
down €4,966 (-15.8%), from €31,531 to €26,564
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 | €226,146 | €184,755 | -€41,391 | -18.3% |
| Fixed assets | 21/28 | €131,854 | €70,742 | -€61,113 | -46.3% |
| Tangible fixed assets | 22/27 | €131,854 | €70,742 | -€61,113 | -46.3% |
| Plant, machinery and equipment | 23 | €690 | €1,871 | +€1,182 | +171% |
| Furniture and vehicles | 24 | €119,811 | €59,860 | -€59,951 | -50.0% |
| Leasing and similar rights | 25 | €11,354 | €9,010 | -€2,344 | -20.6% |
| Current assets | 29/58 | €94,291 | €114,013 | +€19,722 | +20.9% |
| Amounts receivable within one year | 40/41 | €81,597 | €112,062 | +€30,465 | +37.3% |
| Trade receivables | 40 | €29,392 | €66,412 | +€37,020 | +126% |
| Other amounts receivable | 41 | €52,205 | €45,650 | -€6,555 | -12.6% |
| Cash at bank and in hand | 54/58 | €11,565 | - | -€11,565 | |
| Deferred charges and accrued income | 490/1 | €1,130 | €1,951 | +€821 | +72.7% |
| Total equity and liabilities | 10/49 | €226,146 | €184,755 | -€41,391 | -18.3% |
| Equity | 10/15 | -€10,176 | -€14,131 | -€3,956 | -38.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,376 | -€20,331 | -€3,956 | -24.2% |
| Amounts payable | 17/49 | €236,322 | €198,886 | -€37,436 | -15.8% |
| Amounts payable after more than one year | 17 | €93,741 | €53,843 | -€39,899 | -42.6% |
| Financial debts | 170/4 | €93,741 | €53,843 | -€39,899 | -42.6% |
| Amounts payable within one year | 42/48 | €142,580 | €145,043 | +€2,463 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €38,687 | €38,802 | +€115 | +0.3% |
| Financial debts | 43 | €25,000 | €30,114 | +€5,114 | +20.5% |
| Credit institutions | 430/8 | €25,000 | €30,114 | +€5,114 | +20.5% |
| Trade debts | 44 | €38,368 | €37,345 | -€1,023 | -2.7% |
| Suppliers | 440/4 | €38,368 | €37,345 | -€1,023 | -2.7% |
| Taxes, remuneration and social security | 45 | €40,525 | €38,782 | -€1,743 | -4.3% |
| Taxes | 450/3 | €25,230 | €12,765 | -€12,465 | -49.4% |
| Remuneration and social security | 454/9 | €15,296 | €26,018 | +€10,722 | +70.1% |
| Remuneration, social security and pensions | 62 | €31,531 | €26,564 | -€4,966 | -15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,493 | €23,632 | -€16,861 | -41.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €65,321 | - | -€65,321 | |
| Other operating charges | 640/8 | €1,668 | €8,831 | +€7,163 | +429% |
| Gross operating margin | 9900 | €53,335 | €68,039 | +€14,704 | +27.6% |
| Operating profit (loss) | 9901 | -€85,678 | €9,011 | +€94,689 | |
| Financial income | 75/76B | €164 | €749 | +€584 | +356% |
| Recurring financial income | 75 | €164 | €749 | +€584 | +356% |
| Financial charges | 65/66B | €11,534 | €13,561 | +€2,026 | +17.6% |
| Recurring financial charges | 65 | €11,534 | €13,561 | +€2,026 | +17.6% |
| Profit (loss) for the period before taxes | 9903 | -€97,048 | -€3,801 | +€93,248 | +96.1% |
| Income taxes | 67/77 | €226 | €155 | -€71 | -31.6% |
| Profit (loss) for the period | 9904 | -€97,275 | -€3,956 | +€93,319 | +95.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€97,275 | -€3,956 | +€93,319 | +95.9% |
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 26 October 2026 via checked.be.