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DECORA CONSTRUCT: 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

DECORA CONSTRUCT

BE 0480.208.990
NACE 43.990, Other specialised construction activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€60,989
2024 · €8,326-€69,315
Equity
€120,196
2024 · €256,185-€135,989
Cash
€28,338
2024 · €166,988-€138,651
Balance sheet total
€244,736
2024 · €391,977-€147,241

Largest movements

2024 to 2025
Assets
  • Cash -€138,651

    down €138,651 (-83.0%), from €166,988 to €28,338

    mainly Receivables within one year (-€103,222) and Contributions, distributions and other (-€75,000)

  • Deferred charges and accrued income -€120,107

    down €120,107 (-97.8%), from €122,836 to €2,729

  • Receivables within one year +€103,222

    up €103,222 (+174.4%), from €59,179 to €162,401

    of which Trade receivables: +€143,298

  • Tangible fixed assets +€9,295

    up €9,295 (+27.1%), from €34,308 to €43,603

    of which Furniture and vehicles: +€11,864

Equity and liabilities
  • Reserves -€75,000

    down €75,000 (-59.4%), from €126,160 to €51,160

  • Profit (loss) carried forward -€60,989

    down €60,989 (-54.7%), from €111,425 to €50,436

  • Trade debts -€27,171

    down €27,171 (-46.0%), from €59,065 to €31,894

  • Other debts +€16,935

    up €16,935 (+28.3%), from €59,861 to €76,796

Income statement
  • Staff costs +€129,526

    up €129,526 (+90.5%), from €143,105 to €272,631

  • Gross operating margin +€62,099

    up €62,099 (+34.8%), from €178,565 to €240,664

  • Other operating charges +€5,237

    up €5,237 (+993.0%), from €527 to €5,765

  • Taxes -€4,904

    down €4,904 (-97.7%), from €5,021 to €117

From the 2024 result to the 2025 result

effect on the 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 €8,326
Gross operating margin +€62,099
Staff costs -€129,526
Depreciation -€2,030
Other operating charges -€5,237
Financial income +€531
Financial charges -€56
Taxes +€4,904
Result 2025 -€60,989

Cash bridge derived

cash 2024 to 2025

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 -€31,905
Investment -€31,746
Financing -€75,000
Cash 2024 €166,988
Net result for the year -€60,989
Depreciation +€23,451
Receivables within one year -€103,222
Deferred charges and accrued income +€120,107
Trade debts -€27,171
Tax, wage and social debts -€1,016
Other debts +€16,935
Investment in fixed assets (net) -€31,746
Contributions, distributions and other -€75,000
Cash 2025 €28,338
Every line side by side 39 lines
Line Code 2024 2025 Change %
Total assets 20/58 €391,977 €244,736 -€147,241 -37.6%
Fixed assets 21/28 €42,973 €51,268 +€8,295 +19.3%
Tangible fixed assets 22/27 €34,308 €43,603 +€9,295 +27.1%
Plant, machinery and equipment 23 €2,574 €5 -€2,569 -99.8%
Furniture and vehicles 24 €31,734 €43,598 +€11,864 +37.4%
Financial fixed assets 28 €8,665 €7,665 -€1,000 -11.5%
Current assets 29/58 €349,004 €193,468 -€155,536 -44.6%
Amounts receivable within one year 40/41 €59,179 €162,401 +€103,222 +174.4%
Trade receivables 40 €15,000 €158,298 +€143,298 +955.3%
Other amounts receivable 41 €44,179 €4,104 -€40,076 -90.7%
Cash at bank and in hand 54/58 €166,988 €28,338 -€138,651 -83.0%
Deferred charges and accrued income 490/1 €122,836 €2,729 -€120,107 -97.8%
Total equity and liabilities 10/49 €391,977 €244,736 -€147,241 -37.6%
Equity 10/15 €256,185 €120,196 -€135,989 -53.1%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €126,160 €51,160 -€75,000 -59.4%
Distributable reserves 133 €126,160 €51,160 -€75,000 -59.4%
Profit (loss) carried forward 14 €111,425 €50,436 -€60,989 -54.7%
Amounts payable 17/49 €135,793 €124,540 -€11,252 -8.3%
Amounts payable within one year 42/48 €135,793 €124,540 -€11,252 -8.3%
Trade debts 44 €59,065 €31,894 -€27,171 -46.0%
Suppliers 440/4 €59,065 €31,894 -€27,171 -46.0%
Taxes, remuneration and social security 45 €16,866 €15,850 -€1,016 -6.0%
Taxes 450/3 €2,500 €4,887 +€2,387 +95.5%
Remuneration and social security 454/9 €14,366 €10,963 -€3,403 -23.7%
Other amounts payable 47/48 €59,861 €76,796 +€16,935 +28.3%
Remuneration, social security and pensions 62 €143,105 €272,631 +€129,526 +90.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €21,421 €23,451 +€2,030 +9.5%
Other operating charges 640/8 €527 €5,765 +€5,237 +993.0%
Gross operating margin 9900 €178,565 €240,664 +€62,099 +34.8%
Operating profit (loss) 9901 €13,511 -€61,183 -€74,694
Financial income 75/76B €68 €599 +€531 +786.0%
Recurring financial income 75 €68 €599 +€531 +786.0%
Financial charges 65/66B €232 €287 +€56 +24.1%
Recurring financial charges 65 €232 €287 +€56 +24.1%
Profit (loss) for the period before taxes 9903 €13,347 -€60,872 -€74,219
Income taxes 67/77 €5,021 €117 -€4,904 -97.7%
Profit (loss) for the period 9904 €8,326 -€60,989 -€69,315
Profit (loss) for the period to be appropriated 9905 €8,326 -€60,989 -€69,315

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 29 September 2026 via checked.be.