DECORATURE: what changed
DECORATURE
Largest movements
- Cash +€74,691
up €74,691 (+362%), from €20,651 to €95,342
mainly Receivables within one year (+€36,135) and Net result for the year (+€30,312)
- Receivables within one year -€36,135
down €36,135 (-51.9%), from €69,691 to €33,555
of which Trade receivables: -€26,057
- Tangible fixed assets -€27,255
down €27,255 (-29.9%), from €91,071 to €63,816
of which Furniture and vehicles: -€26,283
- Stocks and contracts -€2,412
down €2,412 (-13.6%), from €17,721 to €15,309
- Reserves +€30,312
up €30,312 (+122%), from €24,808 to €55,120
- Accrued charges and deferred income +€30,000
new in 2025: €30,000
- Tax, wage and social debts -€17,597
down €17,597 (-85.1%), from €20,689 to €3,092
of which Taxes: -€12,216
- Debts after one year -€14,020
down €14,020 (-24.9%), from €56,391 to €42,371
- Trade debts -€13,563
down €13,563 (-23.8%), from €57,010 to €43,446
- Staff costs -€121,109
down €121,109 (-50.7%), from €238,679 to €117,571
- Gross operating margin -€56,760
down €56,760 (-23.0%), from €246,588 to €189,828
- Taxes +€6,062
up €6,062 (+3,090%), from €196 to €6,259
- Financial charges -€4,541
down €4,541 (-36.3%), from €12,511 to €7,970
- Depreciation -€2,674
down €2,674 (-10.0%), from €26,617 to €23,943
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €199,278 | €208,108 | +€8,830 | +4.4% |
| Fixed assets | 21/28 | €91,071 | €63,816 | -€27,255 | -29.9% |
| Tangible fixed assets | 22/27 | €91,071 | €63,816 | -€27,255 | -29.9% |
| Plant, machinery and equipment | 23 | €46,988 | €46,016 | -€972 | -2.1% |
| Furniture and vehicles | 24 | €44,084 | €17,800 | -€26,283 | -59.6% |
| Current assets | 29/58 | €108,206 | €144,292 | +€36,085 | +33.3% |
| Stocks and contracts in progress | 3 | €17,721 | €15,309 | -€2,412 | -13.6% |
| Stocks | 30/36 | €17,721 | €15,309 | -€2,412 | -13.6% |
| Amounts receivable within one year | 40/41 | €69,691 | €33,555 | -€36,135 | -51.9% |
| Trade receivables | 40 | €55,239 | €29,182 | -€26,057 | -47.2% |
| Other amounts receivable | 41 | €14,451 | €4,373 | -€10,078 | -69.7% |
| Cash at bank and in hand | 54/58 | €20,651 | €95,342 | +€74,691 | +362% |
| Deferred charges and accrued income | 490/1 | €144 | €86 | -€58 | -40.5% |
| Total equity and liabilities | 10/49 | €199,278 | €208,108 | +€8,830 | +4.4% |
| Equity | 10/15 | €29,808 | €60,120 | +€30,312 | +102% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €24,808 | €55,120 | +€30,312 | +122% |
| Distributable reserves | 133 | €24,808 | €55,120 | +€30,312 | +122% |
| Amounts payable | 17/49 | €169,470 | €147,988 | -€21,482 | -12.7% |
| Amounts payable after more than one year | 17 | €56,391 | €42,371 | -€14,020 | -24.9% |
| Financial debts | 170/4 | €56,391 | €42,371 | -€14,020 | -24.9% |
| Amounts payable within one year | 42/48 | €113,079 | €75,618 | -€37,462 | -33.1% |
| Current portion of amounts payable after more than one year | 42 | €28,805 | €23,981 | -€4,824 | -16.7% |
| Financial debts | 43 | €11 | €61 | +€50 | +466% |
| Credit institutions | 430/8 | €11 | €61 | +€50 | +466% |
| Trade debts | 44 | €57,010 | €43,446 | -€13,563 | -23.8% |
| Suppliers | 440/4 | €57,010 | €43,446 | -€13,563 | -23.8% |
| Taxes, remuneration and social security | 45 | €20,689 | €3,092 | -€17,597 | -85.1% |
| Taxes | 450/3 | €14,030 | €1,814 | -€12,216 | -87.1% |
| Remuneration and social security | 454/9 | €6,659 | €1,278 | -€5,381 | -80.8% |
| Other amounts payable | 47/48 | €6,566 | €5,038 | -€1,528 | -23.3% |
| Accrued charges and deferred income | 492/3 | - | €30,000 | +€30,000 | |
| Non-recurring operating income | 76A | - | €6,081 | +€6,081 | |
| Remuneration, social security and pensions | 62 | €238,679 | €117,571 | -€121,109 | -50.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,617 | €23,943 | -€2,674 | -10.0% |
| Other operating charges | 640/8 | €1,791 | €2,824 | +€1,032 | +57.6% |
| Non-recurring operating charges | 66A | - | €963 | +€963 | |
| Gross operating margin | 9900 | €246,588 | €189,828 | -€56,760 | -23.0% |
| Operating profit (loss) | 9901 | -€20,499 | €44,526 | +€65,026 | |
| Financial income | 75/76B | €2,196 | €14 | -€2,182 | -99.4% |
| Recurring financial income | 75 | €2,196 | €14 | -€2,182 | -99.4% |
| Financial charges | 65/66B | €12,511 | €7,970 | -€4,541 | -36.3% |
| Recurring financial charges | 65 | €12,511 | €7,970 | -€4,541 | -36.3% |
| Profit (loss) for the period before taxes | 9903 | -€30,814 | €36,571 | +€67,385 | |
| Income taxes | 67/77 | €196 | €6,259 | +€6,062 | +3,090% |
| Profit (loss) for the period | 9904 | -€31,010 | €30,312 | +€61,322 | |
| Profit (loss) for the period to be appropriated | 9905 | -€31,010 | €30,312 | +€61,322 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.