DECOR'TOUT: 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
DECOR'TOUT
NACE 47.530, Retail trade
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€124,859
2023 · €20,505-€145,364
Equity
€274,994
2023 · €399,853-€124,859
Cash
€59,974
2023 · €330+€59,644
Balance sheet total
€623,609
2023 · €556,888+€66,721
Largest movements
Assets
- Cash +€59,644
up €59,644 (+18074.0%), from €330 to €59,974
mainly Other debts (+€159,999) and Short-term financial debts (+€69,789)
- Stocks and contracts -€51,284
down €51,284 (-50.6%), from €101,284 to €50,000
of which Stocks: -€51,284
- Tangible fixed assets +€38,002
up €38,002 (+8.9%), from €427,523 to €465,525
of which Land and buildings: +€51,525
- Receivables within one year +€23,645
up €23,645 (+98.7%), from €23,962 to €47,607
of which Trade receivables: +€21,834
Equity and liabilities
- Other debts +€159,999
up €159,999 (+298.0%), from €53,695 to €213,694
- Profit (loss) carried forward -€124,859
down €124,859 (-68.0%), from -€183,570 to -€308,429
- Short-term financial debts +€69,789
new in 2024: €69,789
of which Credit institutions: +€69,789
- Tax, wage and social debts -€34,361
down €34,361 (-56.7%), from €60,654 to €26,293
of which Taxes: -€21,626
- Revaluation surpluses -€15,333
down €15,333 (-3.7%), from €414,000 to €398,667
Income statement
- Purchases and services +€308,693
new in 2024: €308,693
- Turnover +€272,411
new in 2024: €272,411
- Gross operating margin -€156,622
down €156,622, from €120,340 to -€36,282
- Staff costs -€22,338
down €22,338 (-43.0%), from €51,947 to €29,609
- Other operating charges +€18,041
up €18,041 (+291.3%), from €6,193 to €24,234
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.
Result 2023
€20,505
Gross operating margin
-€156,622
Staff costs
+€22,338
Depreciation
+€5,653
Other operating charges
-€18,041
Other operating items
-€1,012
Financial income
-€174
Financial charges
+€2,347
Taxes
+€148
Result 2024
-€124,859
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€54,720
Investment
-€50,094
Financing
+€55,018
Cash 2023
€330
From operations (derived)
+€54,720
Net result for the year
-€124,859
Depreciation
+€15,556
Stocks and contracts
+€51,284
Receivables within one year
-€23,645
Smaller working-capital items
-€70
Trade debts
+€10,817
Tax, wage and social debts
-€34,361
Other debts
+€159,999
Investment (derived)
-€50,094
Investment in fixed assets (net)
-€53,558
Current investments
+€3,464
Financing
+€55,018
Debts after one year
-€10,255
Current portion of long-term debt
-€4,516
Short-term financial debts
+€69,789
Contributions, distributions and other
+€0
Cash 2024
€59,974
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €556,888 | €623,609 | +€66,721 | +12.0% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €427,843 | €465,845 | +€38,002 | +8.9% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €427,523 | €465,525 | +€38,002 | +8.9% |
| Land and buildings | 22 | €414,000 | €465,525 | +€51,525 | +12.4% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Leasing and similar rights | 25 | €13,523 | €0 | -€13,523 | -100.0% |
| Other tangible fixed assets | 26 | - | €0 | = | |
| Assets under construction and advance payments | 27 | - | €0 | = | |
| Financial fixed assets | 28 | €320 | €320 | -€0 | -0.1% |
| Current assets | 29/58 | €129,045 | €157,764 | +€28,719 | +22.3% |
| Amounts receivable after more than one year | 29 | - | €0 | = | |
| Trade receivables | 290 | - | €0 | = | |
| Other amounts receivable | 291 | - | €0 | = | |
| Stocks and contracts in progress | 3 | €101,284 | €50,000 | -€51,284 | -50.6% |
| Stocks | 30/36 | €101,284 | €50,000 | -€51,284 | -50.6% |
| Contracts in progress | 37 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €23,962 | €47,607 | +€23,645 | +98.7% |
| Trade receivables | 40 | €23,962 | €45,796 | +€21,834 | +91.1% |
| Other amounts receivable | 41 | - | €1,811 | +€1,811 | |
| Current investments | 50/53 | €3,469 | €5 | -€3,464 | -99.8% |
| Cash at bank and in hand | 54/58 | €330 | €59,974 | +€59,644 | +18074.0% |
| Deferred charges and accrued income | 490/1 | - | €177 | +€177 | |
| Total equity and liabilities | 10/49 | €556,888 | €623,609 | +€66,721 | +12.0% |
| Equity | 10/15 | €399,853 | €274,994 | -€124,859 | -31.2% |
| Contributions | 10/11 | €111,552 | €111,552 | +€0 | 0.0% |
| Capital | 10 | €111,552 | €111,552 | +€0 | 0.0% |
| Issued capital | 100 | €111,552 | €111,552 | +€0 | 0.0% |
| Uncalled capital | 101 | - | €0 | = | |
| Outside capital | 11 | - | €0 | = | |
| Share premium | 1100/10 | - | €0 | = | |
| Other | 1109/19 | - | €0 | = | |
| Revaluation surpluses | 12 | €414,000 | €398,667 | -€15,333 | -3.7% |
| Reserves | 13 | €57,871 | €73,204 | +€15,333 | +26.5% |
| Non-distributable reserves | 130/1 | €11,155 | €11,155 | +€0 | 0.0% |
| Legal reserve | 130 | €11,155 | €11,155 | +€0 | 0.0% |
| Reserves not available under the articles | 1311 | - | €0 | = | |
| Own shares acquired | 1312 | - | €0 | = | |
| Financial assistance | 1313 | - | €0 | = | |
| Other | 1319 | - | €0 | = | |
| Tax-exempt reserves | 132 | - | €0 | = | |
| Distributable reserves | 133 | €46,716 | €62,049 | +€15,333 | +32.8% |
| Profit (loss) carried forward | 14 | -€183,570 | -€308,429 | -€124,859 | -68.0% |
| Investment grants | 15 | - | €0 | = | |
| Advance to shareholders on the distribution of net assets | 19 | - | €0 | = | |
| Provisions and deferred taxes | 16 | - | €0 | = | |
| Provisions for liabilities and charges | 160/5 | - | €0 | = | |
| Pensions and similar obligations | 160 | - | €0 | = | |
| Taxes | 161 | - | €0 | = | |
| Major repairs and maintenance | 162 | - | €0 | = | |
| Environmental obligations | 163 | - | €0 | = | |
| Other liabilities and charges | 164/5 | - | €0 | = | |
| Deferred taxes | 168 | - | €0 | = | |
| Amounts payable | 17/49 | €157,035 | €348,615 | +€191,580 | +122.0% |
| Amounts payable after more than one year | 17 | €10,255 | €0 | -€10,255 | -100.0% |
| Financial debts | 170/4 | €10,255 | €0 | -€10,255 | -100.0% |
| Trade debts | 175 | - | €0 | = | |
| Advances received on contracts in progress | 176 | - | €0 | = | |
| Other amounts payable | 178/9 | - | €0 | = | |
| Amounts payable within one year | 42/48 | €146,780 | €348,508 | +€201,728 | +137.4% |
| Current portion of amounts payable after more than one year | 42 | €4,516 | €0 | -€4,516 | -100.0% |
| Financial debts | 43 | - | €69,789 | +€69,789 | |
| Credit institutions | 430/8 | - | €69,789 | +€69,789 | |
| Other loans | 439 | - | €0 | = | |
| Trade debts | 44 | €27,915 | €38,732 | +€10,817 | +38.7% |
| Suppliers | 440/4 | €27,915 | €38,732 | +€10,817 | +38.7% |
| Bills of exchange payable | 441 | - | €0 | = | |
| Advances received on contracts in progress | 46 | - | €0 | = | |
| Taxes, remuneration and social security | 45 | €60,654 | €26,293 | -€34,361 | -56.7% |
| Taxes | 450/3 | €24,386 | €2,760 | -€21,626 | -88.7% |
| Remuneration and social security | 454/9 | €36,268 | €23,533 | -€12,735 | -35.1% |
| Other amounts payable | 47/48 | €53,695 | €213,694 | +€159,999 | +298.0% |
| Accrued charges and deferred income | 492/3 | - | €107 | +€107 | |
| Turnover | 70 | - | €272,411 | +€272,411 | |
| Non-recurring operating income | 76A | €52,969 | €0 | -€52,969 | -100.0% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €308,693 | +€308,693 | |
| Remuneration, social security and pensions | 62 | €51,947 | €29,609 | -€22,338 | -43.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,209 | €15,556 | -€5,653 | -26.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €0 | = | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €0 | = | |
| Other operating charges | 640/8 | €6,193 | €24,234 | +€18,041 | +291.3% |
| Non-recurring operating charges | 66A | €14,097 | €15,109 | +€1,012 | +7.2% |
| Gross operating margin | 9900 | €120,340 | -€36,282 | -€156,622 | |
| Operating profit (loss) | 9901 | €26,894 | -€120,791 | -€147,685 | |
| Financial income | 75/76B | €197 | €23 | -€174 | -88.3% |
| Recurring financial income | 75 | €197 | €23 | -€174 | -88.3% |
| Non-recurring financial income | 76B | - | €0 | = | |
| Financial charges | 65/66B | €6,323 | €3,976 | -€2,347 | -37.1% |
| Recurring financial charges | 65 | €6,323 | €3,976 | -€2,347 | -37.1% |
| Profit (loss) for the period before taxes | 9903 | €20,768 | -€124,744 | -€145,512 | |
| Transfer from deferred taxes | 780 | - | €0 | = | |
| Transfer to deferred taxes | 680 | - | €0 | = | |
| Income taxes | 67/77 | €263 | €115 | -€148 | -56.3% |
| Profit (loss) for the period | 9904 | €20,505 | -€124,859 | -€145,364 | |
| Transfer from tax-exempt reserves | 789 | - | €0 | = | |
| Transfer to tax-exempt reserves | 689 | - | €0 | = | |
| Profit (loss) for the period to be appropriated | 9905 | €20,505 | -€124,859 | -€145,364 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.