DECORATIE VANLOO: 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.
DECORATIE VANLOO
Largest movements
- Stocks and contracts -€36,821
down €36,821 (-26.2%), from €140,602 to €103,781
of which Contracts in progress: -€42,283
- Tangible fixed assets +€35,025
up €35,025 (+37.8%), from €92,690 to €127,715
of which Other tangible fixed assets: +€24,311
- Cash +€7,654
up €7,654 (+96.4%), from €7,938 to €15,592
mainly Depreciation (+€43,310) and Stocks and contracts (+€36,821)
- Receivables within one year -€5,633
down €5,633 (-12.0%), from €47,071 to €41,439
of which Other amounts receivable: -€12,202
- Debts after one year +€34,190
up €34,190 (+122.7%), from €27,854 to €62,045
- Trade debts -€31,489
down €31,489 (-32.6%), from €96,519 to €65,030
- Contributions -€18,600
down €18,600 (-100.0%), from €18,600 to €0
- Current portion of long-term debt +€12,640
up €12,640 (+46.8%), from €27,031 to €39,671
- Reserves +€10,780
up €10,780 (+14.1%), from €76,269 to €87,049
- Gross operating margin +€20,405
up €20,405 (+9.2%), from €220,710 to €241,115
- Staff costs +€9,108
up €9,108 (+6.0%), from €150,953 to €160,061
- Depreciation +€4,234
up €4,234 (+10.8%), from €39,076 to €43,310
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €290,964 | €293,335 | +€2,371 | +0.8% |
| Fixed assets | 21/28 | €92,690 | €127,715 | +€35,025 | +37.8% |
| Tangible fixed assets | 22/27 | €92,690 | €127,715 | +€35,025 | +37.8% |
| Plant, machinery and equipment | 23 | €292 | €0 | -€292 | -100.0% |
| Furniture and vehicles | 24 | €69,246 | €80,251 | +€11,006 | +15.9% |
| Other tangible fixed assets | 26 | €23,153 | €47,464 | +€24,311 | +105.0% |
| Current assets | 29/58 | €198,274 | €165,620 | -€32,654 | -16.5% |
| Stocks and contracts in progress | 3 | €140,602 | €103,781 | -€36,821 | -26.2% |
| Stocks | 30/36 | €63,179 | €68,640 | +€5,462 | +8.6% |
| Contracts in progress | 37 | €77,423 | €35,141 | -€42,283 | -54.6% |
| Amounts receivable within one year | 40/41 | €47,071 | €41,439 | -€5,633 | -12.0% |
| Trade receivables | 40 | - | €6,569 | +€6,569 | |
| Other amounts receivable | 41 | €47,071 | €34,869 | -€12,202 | -25.9% |
| Cash at bank and in hand | 54/58 | €7,938 | €15,592 | +€7,654 | +96.4% |
| Deferred charges and accrued income | 490/1 | €2,663 | €4,808 | +€2,145 | +80.5% |
| Total equity and liabilities | 10/49 | €290,964 | €293,335 | +€2,371 | +0.8% |
| Equity | 10/15 | €94,869 | €87,049 | -€7,820 | -8.2% |
| Contributions | 10/11 | €18,600 | €0 | -€18,600 | -100.0% |
| Reserves | 13 | €76,269 | €87,049 | +€10,780 | +14.1% |
| Distributable reserves | 133 | €76,269 | €87,049 | +€10,780 | +14.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €196,095 | €206,286 | +€10,191 | +5.2% |
| Amounts payable after more than one year | 17 | €27,854 | €62,045 | +€34,190 | +122.7% |
| Financial debts | 170/4 | €27,854 | €62,045 | +€34,190 | +122.7% |
| Amounts payable within one year | 42/48 | €168,241 | €144,242 | -€24,000 | -14.3% |
| Current portion of amounts payable after more than one year | 42 | €27,031 | €39,671 | +€12,640 | +46.8% |
| Financial debts | 43 | €976 | €4,273 | +€3,297 | +337.7% |
| Credit institutions | 430/8 | €976 | €4,273 | +€3,297 | +337.7% |
| Trade debts | 44 | €96,519 | €65,030 | -€31,489 | -32.6% |
| Suppliers | 440/4 | €96,519 | €65,030 | -€31,489 | -32.6% |
| Taxes, remuneration and social security | 45 | €43,715 | €35,268 | -€8,447 | -19.3% |
| Taxes | 450/3 | €34,578 | €23,694 | -€10,884 | -31.5% |
| Remuneration and social security | 454/9 | €9,138 | €11,574 | +€2,437 | +26.7% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €150,953 | €160,061 | +€9,108 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,076 | €43,310 | +€4,234 | +10.8% |
| Other operating charges | 640/8 | €1,501 | €2,129 | +€627 | +41.8% |
| Gross operating margin | 9900 | €220,710 | €241,115 | +€20,405 | +9.2% |
| Operating profit (loss) | 9901 | €29,179 | €35,615 | +€6,436 | +22.1% |
| Financial income | 75/76B | €758 | €1,842 | +€1,084 | +142.9% |
| Recurring financial income | 75 | €758 | €1,842 | +€1,084 | +142.9% |
| Financial charges | 65/66B | €6,271 | €8,602 | +€2,331 | +37.2% |
| Recurring financial charges | 65 | €6,271 | €8,602 | +€2,331 | +37.2% |
| Profit (loss) for the period before taxes | 9903 | €23,666 | €28,855 | +€5,189 | +21.9% |
| Income taxes | 67/77 | €7,926 | €7,826 | -€99 | -1.3% |
| Profit (loss) for the period | 9904 | €15,741 | €21,029 | +€5,288 | +33.6% |
| Profit (loss) for the period to be appropriated | 9905 | €15,741 | €21,029 | +€5,288 | +33.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.