DECORETTE JOS CILLEN: 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.
DECORETTE JOS CILLEN
Largest movements
- Receivables within one year +€3,639
up €3,639 (+23.5%), from €15,457 to €19,096
of which Trade receivables: +€3,056
- Cash -€3,485
down €3,485 (-7.0%), from €49,697 to €46,212
mainly Trade debts (-€6,113) and Receivables within one year (-€3,639)
- Tangible fixed assets -€2,564
down €2,564 (-54.4%), from €4,710 to €2,146
of which Plant, machinery and equipment: -€1,310
- Stocks and contracts +€1,179
up €1,179 (+18.8%), from €6,275 to €7,454
of which Stocks: +€1,179
- Trade debts -€6,113
down €6,113 (-68.6%), from €8,916 to €2,802
- Tax, wage and social debts +€4,106
up €4,106 (+99.1%), from €4,145 to €8,251
of which Taxes: +€4,106
- Gross operating margin +€10,910
up €10,910, from -€6,040 to €4,869
- Financial charges -€1,052
down €1,052 (-74.7%), from €1,409 to €357
- Write-downs -€514
down €514 (-100%), from €514 to €0
- Depreciation -€371
down €371 (-12.6%), from €2,935 to €2,564
- Financial income +€359
up €359 (+75.1%), from €477 to €836
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 | €80,535 | €79,739 | -€796 | -1.0% |
| Fixed assets | 21/28 | €7,840 | €5,276 | -€2,564 | -32.7% |
| Tangible fixed assets | 22/27 | €4,710 | €2,146 | -€2,564 | -54.4% |
| Plant, machinery and equipment | 23 | €1,903 | €593 | -€1,310 | -68.8% |
| Furniture and vehicles | 24 | €2,807 | €1,553 | -€1,254 | -44.7% |
| Financial fixed assets | 28 | €3,130 | €3,130 | = | 0.0% |
| Current assets | 29/58 | €72,695 | €74,463 | +€1,768 | +2.4% |
| Stocks and contracts in progress | 3 | €6,275 | €7,454 | +€1,179 | +18.8% |
| Stocks | 30/36 | €6,275 | €7,454 | +€1,179 | +18.8% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €15,457 | €19,096 | +€3,639 | +23.5% |
| Trade receivables | 40 | €15,457 | €18,513 | +€3,056 | +19.8% |
| Other amounts receivable | 41 | €0 | €583 | +€583 | |
| Cash at bank and in hand | 54/58 | €49,697 | €46,212 | -€3,485 | -7.0% |
| Deferred charges and accrued income | 490/1 | €1,266 | €1,701 | +€435 | +34.4% |
| Total equity and liabilities | 10/49 | €80,535 | €79,739 | -€796 | -1.0% |
| Equity | 10/15 | €49,586 | €50,242 | +€656 | +1.3% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €30,586 | €31,242 | +€656 | +2.1% |
| Distributable reserves | 133 | €30,586 | €31,242 | +€656 | +2.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €30,949 | €29,497 | -€1,452 | -4.7% |
| Amounts payable after more than one year | 17 | €17,889 | €17,828 | -€61 | -0.3% |
| Other amounts payable | 178/9 | €17,889 | €17,828 | -€61 | -0.3% |
| Amounts payable within one year | 42/48 | €13,061 | €11,670 | -€1,391 | -10.7% |
| Trade debts | 44 | €8,916 | €2,802 | -€6,113 | -68.6% |
| Suppliers | 440/4 | €8,916 | €2,802 | -€6,113 | -68.6% |
| Advances received on contracts in progress | 46 | - | €616 | +€616 | |
| Taxes, remuneration and social security | 45 | €4,145 | €8,251 | +€4,106 | +99.1% |
| Taxes | 450/3 | €3,103 | €7,209 | +€4,106 | +132% |
| Remuneration and social security | 454/9 | €1,042 | €1,042 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,935 | €2,564 | -€371 | -12.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €514 | €0 | -€514 | -100% |
| Other operating charges | 640/8 | €1,657 | €1,605 | -€51 | -3.1% |
| Gross operating margin | 9900 | -€6,040 | €4,869 | +€10,910 | |
| Operating profit (loss) | 9901 | -€11,146 | €700 | +€11,846 | |
| Financial income | 75/76B | €477 | €836 | +€359 | +75.1% |
| Recurring financial income | 75 | €477 | €836 | +€359 | +75.1% |
| Financial charges | 65/66B | €1,409 | €357 | -€1,052 | -74.7% |
| Recurring financial charges | 65 | €1,409 | €357 | -€1,052 | -74.7% |
| Profit (loss) for the period before taxes | 9903 | -€12,077 | €1,178 | +€13,256 | |
| Income taxes | 67/77 | €378 | €522 | +€144 | +38.1% |
| Profit (loss) for the period | 9904 | -€12,456 | €656 | +€13,112 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,456 | €656 | +€13,112 |
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.