DECORIM'S: 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.
What changed
DECORIM'S
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€44,390
2024 · €63,052-€107,442
Equity
€93,037
2024 · €137,427-€44,390
Cash
€40,268
2024 · €70,556-€30,288
Balance sheet total
€1.9m
2024 · €2.0m-€42,919
Largest movements
Assets
- Cash -€30,288
down €30,288 (-42.9%), from €70,556 to €40,268
mainly Investment in fixed assets (net) (-€50,450) and Net result for the year (-€44,390)
Equity and liabilities
- Profit (loss) carried forward -€44,390
down €44,390 (-64.1%), from €69,227 to €24,837
Income statement
- Gross operating margin -€140,887
down €140,887 (-81.3%), from €173,243 to €32,356
- Taxes -€34,564
down €34,564 (-88.6%), from €39,002 to €4,438
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.
Result 2024
€63,052
Gross operating margin
-€140,887
Depreciation
+€719
Other operating charges
+€279
Financial income
-€1,194
Financial charges
-€923
Taxes
+€34,564
Result 2025
-€44,390
raises the resultlowers the result
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.
From operations
+€20,162
Investment
-€50,450
Financing
€0
Cash 2024
€70,556
From operations (derived)
+€20,162
Net result for the year
-€44,390
Depreciation
+€57,275
Receivables within one year
+€7,045
Deferred charges and accrued income
-€1,239
Trade debts
+€732
Tax, wage and social debts
+€174
Other debts
+€30
Accrued charges and deferred income
+€535
Investment (derived)
-€50,450
Investment in fixed assets (net)
-€50,450
Cash 2025
€40,268
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,986,419 | €1,943,500 | -€42,919 | -2.2% |
| Fixed assets | 21/28 | €1,908,818 | €1,901,993 | -€6,825 | -0.4% |
| Tangible fixed assets | 22/27 | €1,908,781 | €1,901,956 | -€6,825 | -0.4% |
| Land and buildings | 22 | €1,845,204 | €1,806,213 | -€38,991 | -2.1% |
| Furniture and vehicles | 24 | €16,127 | €14,949 | -€1,178 | -7.3% |
| Other tangible fixed assets | 26 | €47,450 | €80,794 | +€33,344 | +70.3% |
| Financial fixed assets | 28 | €37 | €37 | = | 0.0% |
| Current assets | 29/58 | €77,601 | €41,507 | -€36,094 | -46.5% |
| Amounts receivable within one year | 40/41 | €7,045 | - | -€7,045 | |
| Other amounts receivable | 41 | €7,045 | - | -€7,045 | |
| Cash at bank and in hand | 54/58 | €70,556 | €40,268 | -€30,288 | -42.9% |
| Deferred charges and accrued income | 490/1 | - | €1,239 | +€1,239 | |
| Total equity and liabilities | 10/49 | €1,986,419 | €1,943,500 | -€42,919 | -2.2% |
| Equity | 10/15 | €137,427 | €93,037 | -€44,390 | -32.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,227 | €24,837 | -€44,390 | -64.1% |
| Amounts payable | 17/49 | €1,848,992 | €1,850,463 | +€1,471 | +0.1% |
| Amounts payable within one year | 42/48 | €1,848,491 | €1,849,427 | +€936 | +0.1% |
| Financial debts | 43 | €940,000 | €940,000 | = | 0.0% |
| Other loans | 439 | €940,000 | €940,000 | = | 0.0% |
| Trade debts | 44 | €981 | €1,713 | +€732 | +74.6% |
| Suppliers | 440/4 | €981 | €1,713 | +€732 | +74.6% |
| Taxes, remuneration and social security | 45 | €4,903 | €5,077 | +€174 | +3.5% |
| Taxes | 450/3 | €4,903 | €5,077 | +€174 | +3.5% |
| Other amounts payable | 47/48 | €902,607 | €902,637 | +€30 | 0.0% |
| Accrued charges and deferred income | 492/3 | €501 | €1,036 | +€535 | +107% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,994 | €57,275 | -€719 | -1.2% |
| Other operating charges | 640/8 | €13,952 | €13,673 | -€279 | -2.0% |
| Gross operating margin | 9900 | €173,243 | €32,356 | -€140,887 | -81.3% |
| Operating profit (loss) | 9901 | €101,297 | -€38,592 | -€139,889 | |
| Financial income | 75/76B | €1,194 | - | -€1,194 | |
| Recurring financial income | 75 | €1,194 | - | -€1,194 | |
| Financial charges | 65/66B | €437 | €1,360 | +€923 | +211% |
| Recurring financial charges | 65 | €437 | €1,360 | +€923 | +211% |
| Profit (loss) for the period before taxes | 9903 | €102,054 | -€39,952 | -€142,006 | |
| Income taxes | 67/77 | €39,002 | €4,438 | -€34,564 | -88.6% |
| Profit (loss) for the period | 9904 | €63,052 | -€44,390 | -€107,442 | |
| Profit (loss) for the period to be appropriated | 9905 | €63,052 | -€44,390 | -€107,442 |
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 17 October 2026 via checked.be.