DECO PHILL DESIGN: 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 PHILL DESIGN
Largest movements
- Receivables within one year -€36,307
down €36,307 (-72.7%), from €49,935 to €13,627
of which Trade receivables: -€23,679
- Deferred charges and accrued income -€9,752
no longer reported in 2024 (was €9,752)
- Tangible fixed assets -€6,991
no longer reported in 2024 (was €6,991)
- Trade debts -€37,212
down €37,212 (-91.5%), from €40,691 to €3,479
- Debts after one year -€18,873
no longer reported in 2024 (was €18,873)
- Other debts +€10,841
new in 2024: €10,841
- Tax, wage and social debts -€6,626
down €6,626 (-70.0%), from €9,466 to €2,840
- Short-term financial debts +€6,351
up €6,351 (+494%), from €1,286 to €7,637
- Gross operating margin +€51,852
up €51,852, from -€41,005 to €10,847
- Depreciation -€8,501
down €8,501 (-54.9%), from €15,492 to €6,991
- Financial charges -€1,021
down €1,021 (-36.0%), from €2,838 to €1,817
- Other operating charges +€724
up €724 (+34.4%), from €2,102 to €2,826
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.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €66,720 | €13,627 | -€53,093 | -79.6% |
| Fixed assets | 21/28 | €7,034 | - | -€7,034 | |
| Tangible fixed assets | 22/27 | €6,991 | - | -€6,991 | |
| Leasing and similar rights | 25 | €6,991 | - | -€6,991 | |
| Financial fixed assets | 28 | €43 | - | -€43 | |
| Current assets | 29/58 | €59,686 | €13,627 | -€46,059 | -77.2% |
| Amounts receivable within one year | 40/41 | €49,935 | €13,627 | -€36,307 | -72.7% |
| Trade receivables | 40 | €36,461 | €12,782 | -€23,679 | -64.9% |
| Other amounts receivable | 41 | €13,473 | €846 | -€12,628 | -93.7% |
| Deferred charges and accrued income | 490/1 | €9,752 | - | -€9,752 | |
| Total equity and liabilities | 10/49 | €66,720 | €13,627 | -€53,093 | -79.6% |
| Equity | 10/15 | -€9,752 | -€11,169 | -€1,417 | -14.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,952 | -€17,369 | -€1,417 | -8.9% |
| Amounts payable | 17/49 | €76,473 | €24,796 | -€51,676 | -67.6% |
| Amounts payable after more than one year | 17 | €18,873 | - | -€18,873 | |
| Financial debts | 170/4 | €18,873 | - | -€18,873 | |
| Amounts payable within one year | 42/48 | €57,600 | €24,796 | -€32,804 | -57.0% |
| Current portion of amounts payable after more than one year | 42 | €6,158 | - | -€6,158 | |
| Financial debts | 43 | €1,286 | €7,637 | +€6,351 | +494% |
| Credit institutions | 430/8 | €1,286 | €7,637 | +€6,351 | +494% |
| Trade debts | 44 | €40,691 | €3,479 | -€37,212 | -91.5% |
| Suppliers | 440/4 | €40,691 | €3,479 | -€37,212 | -91.5% |
| Taxes, remuneration and social security | 45 | €9,466 | €2,840 | -€6,626 | -70.0% |
| Taxes | 450/3 | €9,466 | €2,840 | -€6,626 | -70.0% |
| Other amounts payable | 47/48 | - | €10,841 | +€10,841 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,492 | €6,991 | -€8,501 | -54.9% |
| Other operating charges | 640/8 | €2,102 | €2,826 | +€724 | +34.4% |
| Gross operating margin | 9900 | -€41,005 | €10,847 | +€51,852 | |
| Operating profit (loss) | 9901 | -€58,599 | €1,031 | +€59,630 | |
| Financial income | 75/76B | €100 | - | -€100 | |
| Recurring financial income | 75 | €100 | - | -€100 | |
| Financial charges | 65/66B | €2,838 | €1,817 | -€1,021 | -36.0% |
| Recurring financial charges | 65 | €2,838 | €1,817 | -€1,021 | -36.0% |
| Profit (loss) for the period before taxes | 9903 | -€61,337 | -€787 | +€60,551 | +98.7% |
| Income taxes | 67/77 | €455 | €630 | +€175 | +38.5% |
| Profit (loss) for the period | 9904 | -€61,792 | -€1,417 | +€60,375 | +97.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€61,792 | -€1,417 | +€60,375 | +97.7% |
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 23 October 2026 via checked.be.