DECOPRINT: what changed
Two fiscal 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
DECOPRINT
NACE 17.240, Manufacture of paper and paper products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€526,061
2024 · €192,344-€718,405
Equity
€2.1m
2024 · €2.6m-€526,061
Cash
€337,419
2024 · €336,174+€1,245
Balance sheet total
€8.3m
2024 · €8.7m-€366,856
Largest movements
Assets
- Tangible fixed assets -€290,830
down €290,830 (-6.3%), from €4.6m to €4.3m
- Receivables within one year -€282,587
down €282,587 (-18.3%), from €1.5m to €1.3m
of which Trade receivables: -€335,733
- Stocks and contracts +€204,802
up €204,802 (+10.3%), from €2.0m to €2.2m
Equity and liabilities
- Debts after one year -€843,588
down €843,588 (-27.0%), from €3.1m to €2.3m
- Short-term financial debts +€576,836
up €576,836 (+41.2%), from €1.4m to €2.0m
- Profit (loss) carried forward -€526,061
down €526,061 (-34.0%), from €1.5m to €1.0m
- Current portion of long-term debt +€214,759
up €214,759 (+34.2%), from €628,829 to €843,588
- Trade debts +€176,806
up €176,806 (+29.1%), from €607,543 to €784,350
Income statement
- Turnover -€2.0m
down €2.0m (-18.7%), from €10.5m to €8.6m
- Goods and materials -€922,203
down €922,203 (-19.1%), from €4.8m to €3.9m
of which Purchases: -€649,211
- Write-downs -€321,156
down €321,156, from €152,501 to -€168,655
- Services and other goods -€149,829
down €149,829 (-5.8%), from €2.6m to €2.5m
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
€192,344
Turnover
-€2.0m
Other operating income
+€86,961
Goods and materials
+€922,203
Services and other goods
+€149,829
Staff costs
-€92,761
Depreciation
-€30,648
Write-downs
+€321,156
Other operating charges
+€84,773
Other operating items
-€268,906
Financial income
-€36,688
Financial charges
+€64,442
Taxes
+€49,686
Result 2025
-€526,061
Cash bridge derived
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
+€417,354
Investment
-€364,117
Financing
-€51,993
Cash 2024
€336,174
From operations (derived)
+€417,354
Net result for the year
-€526,061
Depreciation
+€654,433
Stocks and contracts
-€204,802
Receivables within one year
+€282,587
Trade debts
+€176,806
Tax, wage and social debts
+€51,202
Accrued charges and deferred income
-€16,810
Investment (derived)
-€364,117
Investment in fixed assets (net)
-€364,117
Financing
-€51,993
Debts after one year
-€843,588
Current portion of long-term debt
+€214,759
Short-term financial debts
+€576,836
Cash 2025
€337,419
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,692,103 | €8,325,247 | -€366,856 | -4.2% |
| Fixed assets | 21/28 | €4,817,620 | €4,527,304 | -€290,316 | -6.0% |
| Intangible fixed assets | 21 | €208,213 | €208,727 | +€514 | +0.2% |
| Tangible fixed assets | 22/27 | €4,608,691 | €4,317,861 | -€290,830 | -6.3% |
| Land and buildings | 22 | €2,111,355 | €2,019,075 | -€92,280 | -4.4% |
| Plant, machinery and equipment | 23 | €2,036,965 | €1,920,092 | -€116,872 | -5.7% |
| Furniture and vehicles | 24 | €70,407 | €82,596 | +€12,189 | +17.3% |
| Leasing and similar rights | 25 | €389,964 | €296,097 | -€93,867 | -24.1% |
| Financial fixed assets | 28 | €716 | €716 | = | 0.0% |
| Affiliated companies | 280/1 | €61 | €61 | = | 0.0% |
| Participating interests | 280 | €61 | €61 | = | 0.0% |
| Other financial fixed assets | 284/8 | €655 | €655 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €655 | €655 | = | 0.0% |
| Current assets | 29/58 | €3,874,483 | €3,797,943 | -€76,540 | -2.0% |
| Stocks and contracts in progress | 3 | €1,990,296 | €2,195,098 | +€204,802 | +10.3% |
| Stocks | 30/36 | €1,990,296 | €2,195,098 | +€204,802 | +10.3% |
| Raw materials and consumables | 30/31 | €583,857 | €724,879 | +€141,022 | +24.2% |
| Work in progress | 32 | €140,363 | €144,713 | +€4,350 | +3.1% |
| Finished goods | 33 | €1,266,076 | €1,325,506 | +€59,430 | +4.7% |
| Amounts receivable within one year | 40/41 | €1,548,012 | €1,265,425 | -€282,587 | -18.3% |
| Trade receivables | 40 | €1,469,407 | €1,133,675 | -€335,733 | -22.8% |
| Other amounts receivable | 41 | €78,605 | €131,751 | +€53,146 | +67.6% |
| Cash at bank and in hand | 54/58 | €336,174 | €337,419 | +€1,245 | +0.4% |
| Total equity and liabilities | 10/49 | €8,692,103 | €8,325,247 | -€366,856 | -4.2% |
| Equity | 10/15 | €2,605,631 | €2,079,570 | -€526,061 | -20.2% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Revaluation surpluses | 12 | €726,691 | €726,691 | = | 0.0% |
| Reserves | 13 | €30,000 | €30,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €30,000 | €30,000 | = | 0.0% |
| Legal reserve | 130 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,548,940 | €1,022,879 | -€526,061 | -34.0% |
| Amounts payable | 17/49 | €6,086,471 | €6,245,677 | +€159,206 | +2.6% |
| Amounts payable after more than one year | 17 | €3,128,561 | €2,284,973 | -€843,588 | -27.0% |
| Financial debts | 170/4 | €3,128,561 | €2,284,973 | -€843,588 | -27.0% |
| Subordinated loans | 170 | €961,220 | €555,437 | -€405,782 | -42.2% |
| Leasing and similar obligations | 172 | €497,139 | €359,310 | -€137,829 | -27.7% |
| Credit institutions | 173 | €1,670,202 | €1,370,226 | -€299,977 | -18.0% |
| Amounts payable within one year | 42/48 | €2,938,281 | €3,957,884 | +€1.0m | +34.7% |
| Current portion of amounts payable after more than one year | 42 | €628,829 | €843,588 | +€214,759 | +34.2% |
| Financial debts | 43 | €1,398,925 | €1,975,761 | +€576,836 | +41.2% |
| Credit institutions | 430/8 | €1,398,925 | €1,975,761 | +€576,836 | +41.2% |
| Trade debts | 44 | €607,543 | €784,350 | +€176,806 | +29.1% |
| Suppliers | 440/4 | €607,543 | €784,350 | +€176,806 | +29.1% |
| Taxes, remuneration and social security | 45 | €302,984 | €354,186 | +€51,202 | +16.9% |
| Taxes | 450/3 | €12,687 | €13,631 | +€944 | +7.4% |
| Remuneration and social security | 454/9 | €290,297 | €340,555 | +€50,258 | +17.3% |
| Accrued charges and deferred income | 492/3 | €19,629 | €2,820 | -€16,810 | -85.6% |
| Operating income | 70/76A | €10,947,655 | €8,797,258 | -€2.2m | -19.6% |
| Turnover | 70 | €10,535,424 | €8,566,972 | -€2.0m | -18.7% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €196,433 | -€97,933 | -€294,366 | |
| Other operating income | 74 | €214,441 | €301,402 | +€86,961 | +40.6% |
| Non-recurring operating income | 76A | €1,357 | €26,817 | +€25,459 | +1875.5% |
| Operating charges | 60/66A | €10,463,847 | €9,109,296 | -€1.4m | -12.9% |
| Goods for resale, raw materials and consumables | 60 | €4,834,592 | €3,912,388 | -€922,203 | -19.1% |
| Purchases | 600/8 | €4,695,680 | €4,046,469 | -€649,211 | -13.8% |
| Change in stocks: decrease (increase) | 609 | €138,911 | -€134,081 | -€272,992 | |
| Services and other goods | 61 | €2,600,869 | €2,451,041 | -€149,829 | -5.8% |
| Remuneration, social security and pensions | 62 | €2,121,729 | €2,214,490 | +€92,761 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €623,785 | €654,433 | +€30,648 | +4.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €152,501 | -€168,655 | -€321,156 | |
| Other operating charges | 640/8 | €130,371 | €45,599 | -€84,773 | -65.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Operating profit (loss) | 9901 | €483,808 | -€312,037 | -€795,845 | |
| Financial income | 75/76B | €118,426 | €81,738 | -€36,688 | -31.0% |
| Recurring financial income | 75 | €118,426 | €81,738 | -€36,688 | -31.0% |
| Other financial income | 752/9 | €118,426 | €81,738 | -€36,688 | -31.0% |
| Financial charges | 65/66B | €357,202 | €292,760 | -€64,442 | -18.0% |
| Recurring financial charges | 65 | €357,202 | €292,760 | -€64,442 | -18.0% |
| Debt charges | 650 | €153,482 | €153,603 | +€120 | +0.1% |
| Other financial charges | 652/9 | €203,720 | €139,158 | -€64,562 | -31.7% |
| Profit (loss) for the period before taxes | 9903 | €245,031 | -€523,060 | -€768,091 | |
| Income taxes | 67/77 | €52,687 | €3,002 | -€49,686 | -94.3% |
| Taxes | 670/3 | €52,687 | €3,002 | -€49,686 | -94.3% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €192,344 | -€526,061 | -€718,405 | |
| Profit (loss) for the period to be appropriated | 9905 | €192,344 | -€526,061 | -€718,405 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.