DECORATEX: 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.
DECORATEX
Largest movements
- Receivables within one year -€46,523
down €46,523 (-40.1%), from €115,961 to €69,437
of which Trade receivables: -€46,427
- Cash +€14,162
up €14,162 (+33.6%), from €42,178 to €56,340
mainly Receivables within one year (+€46,523) and Net result for the year (+€5,771)
- Stocks and contracts +€3,210
up €3,210 (+7.6%), from €42,350 to €45,560
- Debts after one year -€21,278
down €21,278 (-14.2%), from €149,583 to €128,305
- Trade debts -€12,524
down €12,524 (-58.7%), from €21,335 to €8,811
- Profit (loss) carried forward +€5,771
up €5,771 (+26.0%), from -€22,204 to -€16,433
- Gross operating margin -€41,532
down €41,532 (-46.5%), from €89,409 to €47,876
- Staff costs +€12,034
up €12,034 (+31.3%), from €38,456 to €50,490
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €200,644 | €171,538 | -€29,106 | -14.5% |
| Current assets | 29/58 | €200,644 | €171,538 | -€29,106 | -14.5% |
| Stocks and contracts in progress | 3 | €42,350 | €45,560 | +€3,210 | +7.6% |
| Stocks | 30/36 | €42,350 | €45,560 | +€3,210 | +7.6% |
| Amounts receivable within one year | 40/41 | €115,961 | €69,437 | -€46,523 | -40.1% |
| Trade receivables | 40 | €115,730 | €69,304 | -€46,427 | -40.1% |
| Other amounts receivable | 41 | €231 | €134 | -€97 | -42.0% |
| Cash at bank and in hand | 54/58 | €42,178 | €56,340 | +€14,162 | +33.6% |
| Deferred charges and accrued income | 490/1 | €155 | €201 | +€45 | +29.0% |
| Total equity and liabilities | 10/49 | €200,644 | €171,538 | -€29,106 | -14.5% |
| Equity | 10/15 | -€1,753 | €4,019 | +€5,771 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,204 | -€16,433 | +€5,771 | +26.0% |
| Amounts payable | 17/49 | €202,397 | €167,520 | -€34,878 | -17.2% |
| Amounts payable after more than one year | 17 | €149,583 | €128,305 | -€21,278 | -14.2% |
| Financial debts | 170/4 | €149,583 | €128,305 | -€21,278 | -14.2% |
| Amounts payable within one year | 42/48 | €49,214 | €35,615 | -€13,600 | -27.6% |
| Trade debts | 44 | €21,335 | €8,811 | -€12,524 | -58.7% |
| Suppliers | 440/4 | €21,335 | €8,811 | -€12,524 | -58.7% |
| Taxes, remuneration and social security | 45 | €27,879 | €26,804 | -€1,075 | -3.9% |
| Taxes | 450/3 | €20,982 | €11,618 | -€9,365 | -44.6% |
| Remuneration and social security | 454/9 | €6,897 | €15,186 | +€8,290 | +120% |
| Accrued charges and deferred income | 492/3 | €3,600 | €3,600 | = | 0.0% |
| Non-recurring operating income | 76A | €264 | €0 | -€264 | -100% |
| Remuneration, social security and pensions | 62 | €38,456 | €50,490 | +€12,034 | +31.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €941 | €783 | -€158 | -16.8% |
| Gross operating margin | 9900 | €89,409 | €47,876 | -€41,532 | -46.5% |
| Operating profit (loss) | 9901 | €50,011 | -€3,397 | -€53,408 | |
| Financial income | 75/76B | €13,045 | €12,612 | -€433 | -3.3% |
| Recurring financial income | 75 | €13,045 | €12,612 | -€433 | -3.3% |
| Financial charges | 65/66B | €3,822 | €3,444 | -€378 | -9.9% |
| Recurring financial charges | 65 | €3,822 | €3,444 | -€378 | -9.9% |
| Profit (loss) for the period before taxes | 9903 | €59,234 | €5,771 | -€53,463 | -90.3% |
| Income taxes | 67/77 | €174 | €0 | -€174 | -100% |
| Profit (loss) for the period | 9904 | €59,060 | €5,771 | -€53,288 | -90.2% |
| Profit (loss) for the period to be appropriated | 9905 | €59,060 | €5,771 | -€53,288 | -90.2% |
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 27 October 2026 via checked.be.