DECORE: 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.
DECORE
Largest movements
- Tangible fixed assets -€6,156
down €6,156 (-28.5%), from €21,601 to €15,445
of which Furniture and vehicles: -€7,134
- Receivables within one year +€3,883
up €3,883 (+78.7%), from €4,932 to €8,814
of which Other amounts receivable: +€2,038
- Intangible fixed assets -€563
down €563 (-84.9%), from €664 to €100
- Cash -€416
no longer reported in 2024 (was €416)
mainly Other debts (-€19,350) and Receivables within one year (-€3,883)
- Other debts -€19,350
no longer reported in 2024 (was €19,350)
- Reserves +€6,351
new in 2024: €6,351
- Short-term financial debts +€4,825
new in 2024: €4,825
- Profit (loss) carried forward +€4,162
no longer reported in 2024 (was -€4,162)
- Tax, wage and social debts +€3,507
up €3,507 (+72.0%), from €4,871 to €8,378
- Gross operating margin +€5,419
up €5,419 (+27.6%), from €19,658 to €25,077
- Other operating charges -€1,746
down €1,746 (-67.1%), from €2,604 to €858
- Taxes +€1,210
up €1,210 (+34.5%), from €3,503 to €4,713
- Depreciation +€655
up €655 (+8.3%), from €7,887 to €8,542
- Financial charges +€413
up €413 (+1086.3%), from €38 to €451
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €27,732 | €24,359 | -€3,372 | -12.2% |
| Fixed assets | 21/28 | €22,264 | €15,545 | -€6,719 | -30.2% |
| Intangible fixed assets | 21 | €664 | €100 | -€563 | -84.9% |
| Tangible fixed assets | 22/27 | €21,601 | €15,445 | -€6,156 | -28.5% |
| Plant, machinery and equipment | 23 | €1,763 | €2,741 | +€978 | +55.5% |
| Furniture and vehicles | 24 | €19,838 | €12,704 | -€7,134 | -36.0% |
| Current assets | 29/58 | €5,467 | €8,814 | +€3,347 | +61.2% |
| Amounts receivable within one year | 40/41 | €4,932 | €8,814 | +€3,883 | +78.7% |
| Trade receivables | 40 | €4,130 | €5,975 | +€1,845 | +44.7% |
| Other amounts receivable | 41 | €801 | €2,839 | +€2,038 | +254.2% |
| Cash at bank and in hand | 54/58 | €416 | - | -€416 | |
| Deferred charges and accrued income | 490/1 | €120 | - | -€120 | |
| Total equity and liabilities | 10/49 | €27,732 | €24,359 | -€3,372 | -12.2% |
| Equity | 10/15 | -€1,162 | €9,351 | +€10,513 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €6,351 | +€6,351 | |
| Distributable reserves | 133 | - | €6,351 | +€6,351 | |
| Profit (loss) carried forward | 14 | -€4,162 | - | +€4,162 | |
| Amounts payable | 17/49 | €28,894 | €15,008 | -€13,886 | -48.1% |
| Amounts payable within one year | 42/48 | €28,894 | €15,008 | -€13,886 | -48.1% |
| Financial debts | 43 | - | €4,825 | +€4,825 | |
| Credit institutions | 430/8 | - | €4,825 | +€4,825 | |
| Trade debts | 44 | €4,672 | €1,805 | -€2,867 | -61.4% |
| Suppliers | 440/4 | €4,672 | €1,805 | -€2,867 | -61.4% |
| Taxes, remuneration and social security | 45 | €4,871 | €8,378 | +€3,507 | +72.0% |
| Taxes | 450/3 | €4,871 | €8,378 | +€3,507 | +72.0% |
| Other amounts payable | 47/48 | €19,350 | - | -€19,350 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,887 | €8,542 | +€655 | +8.3% |
| Other operating charges | 640/8 | €2,604 | €858 | -€1,746 | -67.1% |
| Gross operating margin | 9900 | €19,658 | €25,077 | +€5,419 | +27.6% |
| Operating profit (loss) | 9901 | €9,167 | €15,677 | +€6,510 | +71.0% |
| Financial income | 75/76B | €18 | €0 | -€18 | -99.9% |
| Recurring financial income | 75 | €18 | €0 | -€18 | -99.9% |
| Financial charges | 65/66B | €38 | €451 | +€413 | +1086.3% |
| Recurring financial charges | 65 | €38 | €451 | +€413 | +1086.3% |
| Profit (loss) for the period before taxes | 9903 | €9,147 | €15,226 | +€6,079 | +66.5% |
| Income taxes | 67/77 | €3,503 | €4,713 | +€1,210 | +34.5% |
| Profit (loss) for the period | 9904 | €5,644 | €10,513 | +€4,870 | +86.3% |
| Profit (loss) for the period to be appropriated | 9905 | €5,644 | €10,513 | +€4,870 | +86.3% |
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 8 October 2026 via checked.be.