DECOR 2000: 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.
DECOR 2000
Largest movements
- Stocks and contracts -€32,208
down €32,208 (-79.4%), from €40,547 to €8,339
- Cash +€22,475
up €22,475 (+16.0%), from €140,480 to €162,955
mainly Net result for the year (+€38,514) and Stocks and contracts (+€32,208)
- Receivables within one year -€2,500
down €2,500 (-25.2%), from €9,915 to €7,414
of which Trade receivables: -€9,060
- Profit (loss) carried forward +€34,189
up €34,189, from -€34,189 to €0
- Other debts -€27,924
down €27,924 (-62.6%), from €44,631 to €16,707
- Trade debts -€15,976
down €15,976 (-36.0%), from €44,320 to €28,345
of which Suppliers: -€15,976
- Tax, wage and social debts -€4,432
down €4,432 (-93.0%), from €4,765 to €332
of which Remuneration and social security: -€4,557
- Reserves +€2,726
up €2,726 (+45.8%), from €5,946 to €8,672
of which Distributable reserves: +€2,509
- Gross operating margin -€66,937
down €66,937 (-48.2%), from €138,769 to €71,832
- Depreciation -€44,468
down €44,468 (-98.1%), from €45,350 to €882
- Staff costs -€42,270
down €42,270 (-73.2%), from €57,744 to €15,474
- Taxes +€12,384
up €12,384 (+5968.0%), from €208 to €12,592
- Other operating charges -€3,506
down €3,506 (-53.6%), from €6,545 to €3,039
From the 2021 result to the 2022 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.
Cash bridge derived
Derived from the 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €193,615 | €180,377 | -€13,237 | -6.8% |
| Fixed assets | 21/28 | €2,673 | €1,669 | -€1,004 | -37.5% |
| Tangible fixed assets | 22/27 | €1,541 | €659 | -€882 | -57.2% |
| Land and buildings | 22 | €0 | - | = | |
| Furniture and vehicles | 24 | €1,541 | €659 | -€882 | -57.2% |
| Financial fixed assets | 28 | €1,132 | €1,010 | -€122 | -10.8% |
| Current assets | 29/58 | €190,941 | €178,708 | -€12,234 | -6.4% |
| Stocks and contracts in progress | 3 | €40,547 | €8,339 | -€32,208 | -79.4% |
| Stocks | 30/36 | €40,547 | €8,339 | -€32,208 | -79.4% |
| Amounts receivable within one year | 40/41 | €9,915 | €7,414 | -€2,500 | -25.2% |
| Trade receivables | 40 | €9,060 | €0 | -€9,060 | -100.0% |
| Other amounts receivable | 41 | €854 | €7,414 | +€6,560 | +767.9% |
| Cash at bank and in hand | 54/58 | €140,480 | €162,955 | +€22,475 | +16.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €193,615 | €180,377 | -€13,237 | -6.8% |
| Equity | 10/15 | €95,758 | €132,672 | +€36,914 | +38.5% |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Capital | 10 | €124,000 | €124,000 | = | 0.0% |
| Issued capital | 100 | €124,000 | €124,000 | = | 0.0% |
| Reserves | 13 | €5,946 | €8,672 | +€2,726 | +45.8% |
| Non-distributable reserves | 130/1 | €5,946 | €6,163 | +€216 | +3.6% |
| Legal reserve | 130 | €5,946 | €6,163 | +€216 | +3.6% |
| Distributable reserves | 133 | - | €2,509 | +€2,509 | |
| Profit (loss) carried forward | 14 | -€34,189 | €0 | +€34,189 | |
| Amounts payable | 17/49 | €97,857 | €47,705 | -€50,152 | -51.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €94,638 | €46,454 | -€48,184 | -50.9% |
| Current portion of amounts payable after more than one year | 42 | €922 | - | -€922 | |
| Financial debts | 43 | €0 | €0 | = | |
| Credit institutions | 430/8 | €0 | €0 | = | |
| Trade debts | 44 | €44,320 | €28,345 | -€15,976 | -36.0% |
| Suppliers | 440/4 | €44,320 | €28,345 | -€15,976 | -36.0% |
| Bills of exchange payable | 441 | €0 | - | = | |
| Advances received on contracts in progress | 46 | - | €1,070 | +€1,070 | |
| Taxes, remuneration and social security | 45 | €4,765 | €332 | -€4,432 | -93.0% |
| Taxes | 450/3 | €208 | €332 | +€125 | +60.2% |
| Remuneration and social security | 454/9 | €4,557 | - | -€4,557 | |
| Other amounts payable | 47/48 | €44,631 | €16,707 | -€27,924 | -62.6% |
| Accrued charges and deferred income | 492/3 | €3,218 | €1,251 | -€1,968 | -61.1% |
| Remuneration, social security and pensions | 62 | €57,744 | €15,474 | -€42,270 | -73.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,350 | €882 | -€44,468 | -98.1% |
| Other operating charges | 640/8 | €6,545 | €3,039 | -€3,506 | -53.6% |
| Gross operating margin | 9900 | €138,769 | €71,832 | -€66,937 | -48.2% |
| Operating profit (loss) | 9901 | €29,130 | €52,438 | +€23,308 | +80.0% |
| Financial income | 75/76B | €370 | €240 | -€131 | -35.3% |
| Recurring financial income | 75 | €370 | €240 | -€131 | -35.3% |
| Financial charges | 65/66B | €3,178 | €1,571 | -€1,606 | -50.6% |
| Recurring financial charges | 65 | €3,178 | €1,571 | -€1,606 | -50.6% |
| Profit (loss) for the period before taxes | 9903 | €26,322 | €51,106 | +€24,784 | +94.2% |
| Income taxes | 67/77 | €208 | €12,592 | +€12,384 | +5968.0% |
| Profit (loss) for the period | 9904 | €26,115 | €38,514 | +€12,399 | +47.5% |
| Profit (loss) for the period to be appropriated | 9905 | €26,115 | €38,514 | +€12,399 | +47.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.