DECOCARS KUURNE: 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
DECOCARS KUURNE
NACE 46.711, Wholesale of cars and light vans (up to 3.5 tonnes)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€156,867
2024 · €482,881-€326,014
Equity
€2.1m
2024 · €1.9m+€156,867
Cash
€467,937
2024 · €577,175-€109,237
Balance sheet total
€5.9m
2024 · €5.1m+€748,537
Largest movements
Assets
- Stocks and contracts +€731,281
up €731,281 (+32.2%), from €2.3m to €3.0m
- Tangible fixed assets +€200,738
up €200,738 (+10.3%), from €1.9m to €2.1m
of which Furniture and vehicles: +€137,128
- Cash -€109,237
down €109,237 (-18.9%), from €577,175 to €467,937
mainly Stocks and contracts (-€731,281) and Investment in fixed assets (net) (-€410,069)
Equity and liabilities
- Trade debts +€540,343
up €540,343 (+43.9%), from €1.2m to €1.8m
- Other debts +€278,322
up €278,322 (+99.2%), from €280,537 to €558,859
- Reserves +€156,867
up €156,867 (+9.7%), from €1.6m to €1.8m
of which Distributable reserves: +€156,867
- Debts after one year -€124,436
down €124,436 (-10.8%), from €1.2m to €1.0m
- Tax, wage and social debts -€109,321
down €109,321 (-32.1%), from €340,909 to €231,587
of which Taxes: -€120,007
Income statement
- Gross operating margin -€295,858
down €295,858 (-15.6%), from €1.9m to €1.6m
- Taxes -€128,572
down €128,572 (-66.0%), from €194,910 to €66,337
- Staff costs +€74,470
up €74,470 (+7.8%), from €958,863 to €1.0m
- Depreciation +€73,875
up €73,875 (+51.8%), from €142,599 to €216,474
- Financial charges +€26,423
up €26,423 (+34.1%), from €77,570 to €103,993
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
€482,881
Gross operating margin
-€295,858
Staff costs
-€74,470
Depreciation
-€73,875
Write-downs
+€2
Other operating charges
+€10,861
Other operating items
+€706
Financial income
+€4,472
Financial charges
-€26,423
Taxes
+€128,572
Result 2025
€156,867
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
+€418,389
Investment
-€402,212
Financing
-€125,414
Cash 2024
€577,175
From operations (derived)
+€418,389
Net result for the year
+€156,867
Depreciation
+€216,474
Stocks and contracts
-€731,281
Receivables within one year
+€50,987
Deferred charges and accrued income
+€8,257
Trade debts
+€540,343
Tax, wage and social debts
-€109,321
Advances received
-€826
Other debts
+€278,322
Accrued charges and deferred income
+€8,565
Investment (derived)
-€402,212
Investment in fixed assets (net)
-€410,069
Current investments
+€7,857
Financing
-€125,414
Debts after one year
-€124,436
Current portion of long-term debt
-€1,157
Short-term financial debts
+€179
Cash 2025
€467,937
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,106,088 | €5,854,624 | +€748,537 | +14.7% |
| Fixed assets | 21/28 | €1,976,930 | €2,170,525 | +€193,595 | +9.8% |
| Intangible fixed assets | 21 | €27,926 | €20,783 | -€7,143 | -25.6% |
| Tangible fixed assets | 22/27 | €1,949,005 | €2,149,743 | +€200,738 | +10.3% |
| Land and buildings | 22 | €1,394,650 | €1,400,619 | +€5,969 | +0.4% |
| Plant, machinery and equipment | 23 | €366,188 | €423,829 | +€57,641 | +15.7% |
| Furniture and vehicles | 24 | €188,167 | €325,295 | +€137,128 | +72.9% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €3,129,157 | €3,684,099 | +€554,942 | +17.7% |
| Stocks and contracts in progress | 3 | €2,274,046 | €3,005,327 | +€731,281 | +32.2% |
| Stocks | 30/36 | €2,274,046 | €3,005,327 | +€731,281 | +32.2% |
| Amounts receivable within one year | 40/41 | €210,995 | €160,008 | -€50,987 | -24.2% |
| Trade receivables | 40 | €181,684 | €129,776 | -€51,907 | -28.6% |
| Other amounts receivable | 41 | €29,312 | €30,232 | +€920 | +3.1% |
| Current investments | 50/53 | €7,857 | €0 | -€7,857 | -100% |
| Cash at bank and in hand | 54/58 | €577,175 | €467,937 | -€109,237 | -18.9% |
| Deferred charges and accrued income | 490/1 | €59,084 | €50,827 | -€8,257 | -14.0% |
| Total equity and liabilities | 10/49 | €5,106,088 | €5,854,624 | +€748,537 | +14.7% |
| Equity | 10/15 | €1,928,731 | €2,085,598 | +€156,867 | +8.1% |
| Contributions | 10/11 | €246,000 | €246,000 | = | 0.0% |
| Capital | 10 | €246,000 | €246,000 | = | 0.0% |
| Issued capital | 100 | €246,000 | €246,000 | = | 0.0% |
| Revaluation surpluses | 12 | €63,625 | €63,625 | = | 0.0% |
| Reserves | 13 | €1,619,106 | €1,775,973 | +€156,867 | +9.7% |
| Non-distributable reserves | 130/1 | €24,600 | €24,600 | = | 0.0% |
| Legal reserve | 130 | €24,600 | €24,600 | = | 0.0% |
| Tax-exempt reserves | 132 | €378,900 | €378,900 | = | 0.0% |
| Distributable reserves | 133 | €1,215,606 | €1,372,473 | +€156,867 | +12.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €3,177,357 | €3,769,026 | +€591,669 | +18.6% |
| Amounts payable after more than one year | 17 | €1,157,130 | €1,032,694 | -€124,436 | -10.8% |
| Financial debts | 170/4 | €1,157,130 | €1,032,694 | -€124,436 | -10.8% |
| Amounts payable within one year | 42/48 | €2,005,501 | €2,713,041 | +€707,540 | +35.3% |
| Current portion of amounts payable after more than one year | 42 | €152,363 | €151,207 | -€1,157 | -0.8% |
| Financial debts | 43 | €0 | €179 | +€179 | |
| Credit institutions | 430/8 | €0 | €179 | +€179 | |
| Trade debts | 44 | €1,230,865 | €1,771,209 | +€540,343 | +43.9% |
| Suppliers | 440/4 | €1,230,865 | €1,771,209 | +€540,343 | +43.9% |
| Advances received on contracts in progress | 46 | €826 | €0 | -€826 | -100% |
| Taxes, remuneration and social security | 45 | €340,909 | €231,587 | -€109,321 | -32.1% |
| Taxes | 450/3 | €227,075 | €107,068 | -€120,007 | -52.8% |
| Remuneration and social security | 454/9 | €113,834 | €124,519 | +€10,686 | +9.4% |
| Other amounts payable | 47/48 | €280,537 | €558,859 | +€278,322 | +99.2% |
| Accrued charges and deferred income | 492/3 | €14,726 | €23,291 | +€8,565 | +58.2% |
| Non-recurring operating income | 76A | €14,037 | €53,555 | +€39,518 | +282% |
| Remuneration, social security and pensions | 62 | €958,863 | €1,033,333 | +€74,470 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €142,599 | €216,474 | +€73,875 | +51.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €879 | €876 | -€2 | -0.3% |
| Other operating charges | 640/8 | €41,863 | €31,003 | -€10,861 | -25.9% |
| Non-recurring operating charges | 66A | €706 | €0 | -€706 | -100% |
| Gross operating margin | 9900 | €1,891,983 | €1,596,125 | -€295,858 | -15.6% |
| Operating profit (loss) | 9901 | €747,073 | €314,439 | -€432,635 | -57.9% |
| Financial income | 75/76B | €8,287 | €12,759 | +€4,472 | +54.0% |
| Recurring financial income | 75 | €8,287 | €12,759 | +€4,472 | +54.0% |
| Financial charges | 65/66B | €77,570 | €103,993 | +€26,423 | +34.1% |
| Recurring financial charges | 65 | €77,570 | €103,993 | +€26,423 | +34.1% |
| Profit (loss) for the period before taxes | 9903 | €677,790 | €223,204 | -€454,586 | -67.1% |
| Income taxes | 67/77 | €194,910 | €66,337 | -€128,572 | -66.0% |
| Profit (loss) for the period | 9904 | €482,881 | €156,867 | -€326,014 | -67.5% |
| Transfer from tax-exempt reserves | 789 | €63,150 | €0 | -€63,150 | -100% |
| Transfer to tax-exempt reserves | 689 | €126,300 | €0 | -€126,300 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €419,731 | €156,867 | -€262,864 | -62.6% |
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 20 October 2026 via checked.be.