Decorena: what changed
Decorena
Largest movements
- Receivables within one year -€8,192
down €8,192 (-80.0%), from €10,238 to €2,046
of which Trade receivables: -€10,183
- Cash +€5,115
up €5,115 (+12.0%), from €42,533 to €47,648
mainly Depreciation (+€22,146) and Receivables within one year (+€8,192)
- Intangible fixed assets -€3,787
down €3,787 (-22.3%), from €16,951 to €13,163
- Deferred charges and accrued income -€3,462
down €3,462 (-37.5%), from €9,225 to €5,762
- Tangible fixed assets +€1,577
up €1,577 (+3.1%), from €50,379 to €51,957
of which Furniture and vehicles: +€13,722
- Trade debts -€8,322
down €8,322 (-41.8%), from €19,908 to €11,586
- Other debts -€8,088
down €8,088 (-16.1%), from €50,280 to €42,191
- Current portion of long-term debt +€4,452
up €4,452 (+42.3%), from €10,518 to €14,970
- Reserves +€3,004
up €3,004 (+19.2%), from €15,613 to €18,617
- Tax, wage and social debts -€2,833
down €2,833 (-30.2%), from €9,377 to €6,544
of which Taxes: -€1,686
- Staff costs -€17,276
down €17,276 (-17.6%), from €98,295 to €81,019
- Gross operating margin -€5,969
down €5,969 (-4.8%), from €125,289 to €119,320
- Depreciation +€2,447
up €2,447 (+12.4%), from €19,699 to €22,146
- Taxes +€1,613
up €1,613 (+252%), from €640 to €2,253
- Financial charges +€1,476
up €1,476 (+49.8%), from €2,965 to €4,441
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 | €134,524 | €125,577 | -€8,946 | -6.7% |
| Formation expenses | 20 | €197 | - | -€197 | |
| Fixed assets | 21/28 | €67,330 | €65,120 | -€2,210 | -3.3% |
| Intangible fixed assets | 21 | €16,951 | €13,163 | -€3,787 | -22.3% |
| Tangible fixed assets | 22/27 | €50,379 | €51,957 | +€1,577 | +3.1% |
| Plant, machinery and equipment | 23 | €8,478 | €5,215 | -€3,263 | -38.5% |
| Furniture and vehicles | 24 | €9,952 | €23,674 | +€13,722 | +138% |
| Leasing and similar rights | 25 | €31,949 | €23,067 | -€8,881 | -27.8% |
| Current assets | 29/58 | €66,996 | €60,457 | -€6,539 | -9.8% |
| Stocks and contracts in progress | 3 | €5,000 | €5,000 | = | 0.0% |
| Contracts in progress | 37 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €10,238 | €2,046 | -€8,192 | -80.0% |
| Trade receivables | 40 | €10,238 | €55 | -€10,183 | -99.5% |
| Other amounts receivable | 41 | - | €1,991 | +€1,991 | |
| Cash at bank and in hand | 54/58 | €42,533 | €47,648 | +€5,115 | +12.0% |
| Deferred charges and accrued income | 490/1 | €9,225 | €5,762 | -€3,462 | -37.5% |
| Total equity and liabilities | 10/49 | €134,524 | €125,577 | -€8,946 | -6.7% |
| Equity | 10/15 | €18,613 | €21,617 | +€3,004 | +16.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €15,613 | €18,617 | +€3,004 | +19.2% |
| Distributable reserves | 133 | €15,613 | €18,617 | +€3,004 | +19.2% |
| Amounts payable | 17/49 | €115,911 | €103,961 | -€11,950 | -10.3% |
| Amounts payable after more than one year | 17 | €24,721 | €26,631 | +€1,910 | +7.7% |
| Financial debts | 170/4 | €24,721 | €26,631 | +€1,910 | +7.7% |
| Amounts payable within one year | 42/48 | €90,124 | €75,291 | -€14,833 | -16.5% |
| Current portion of amounts payable after more than one year | 42 | €10,518 | €14,970 | +€4,452 | +42.3% |
| Trade debts | 44 | €19,908 | €11,586 | -€8,322 | -41.8% |
| Suppliers | 440/4 | €19,908 | €11,586 | -€8,322 | -41.8% |
| Advances received on contracts in progress | 46 | €42 | - | -€42 | |
| Taxes, remuneration and social security | 45 | €9,377 | €6,544 | -€2,833 | -30.2% |
| Taxes | 450/3 | €5,099 | €3,413 | -€1,686 | -33.1% |
| Remuneration and social security | 454/9 | €4,278 | €3,131 | -€1,147 | -26.8% |
| Other amounts payable | 47/48 | €50,280 | €42,191 | -€8,088 | -16.1% |
| Accrued charges and deferred income | 492/3 | €1,066 | €2,038 | +€972 | +91.2% |
| Remuneration, social security and pensions | 62 | €98,295 | €81,019 | -€17,276 | -17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,699 | €22,146 | +€2,447 | +12.4% |
| Other operating charges | 640/8 | €2,755 | €3,091 | +€337 | +12.2% |
| Gross operating margin | 9900 | €125,289 | €119,320 | -€5,969 | -4.8% |
| Operating profit (loss) | 9901 | €4,541 | €13,064 | +€8,523 | +188% |
| Financial income | 75/76B | €26 | €70 | +€44 | +166% |
| Recurring financial income | 75 | €26 | €70 | +€44 | +166% |
| Financial charges | 65/66B | €2,965 | €4,441 | +€1,476 | +49.8% |
| Recurring financial charges | 65 | €2,965 | €4,441 | +€1,476 | +49.8% |
| Profit (loss) for the period before taxes | 9903 | €1,603 | €8,693 | +€7,090 | +442% |
| Income taxes | 67/77 | €640 | €2,253 | +€1,613 | +252% |
| Profit (loss) for the period | 9904 | €963 | €6,440 | +€5,477 | +569% |
| Profit (loss) for the period to be appropriated | 9905 | €963 | €6,440 | +€5,477 | +569% |
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 2 November 2026 via checked.be.