DECORMAT LIEGE: 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.
DECORMAT LIEGE
Largest movements
- Stocks and contracts -€32,500
down €32,500 (-77.4%), from €41,974 to €9,474
- Receivables within one year +€17,397
up €17,397 (+280%), from €6,208 to €23,605
of which Other amounts receivable: +€20,000
- Cash +€14,637
up €14,637 (+21.8%), from €67,234 to €81,871
mainly Stocks and contracts (+€32,500) and Trade debts (+€7,062)
- Other debts -€14,977
down €14,977 (-93.7%), from €15,977 to €1,000
- Trade debts +€7,062
up €7,062 (+23.9%), from €29,536 to €36,598
- Profit (loss) carried forward +€6,096
up €6,096 (+69.5%), from -€8,772 to -€2,676
- Tax, wage and social debts +€1,352
up €1,352 (+8.1%), from €16,696 to €18,048
of which Taxes: +€4,695
- Staff costs -€10,185
down €10,185 (-28.8%), from €35,393 to €25,208
- Gross operating margin -€7,239
down €7,239 (-15.2%), from €47,614 to €40,375
- Taxes +€3,042
new in 2024: €3,042
- Financial charges +€2,589
up €2,589 (+633%), from €409 to €2,998
- Depreciation -€2,298
no longer reported in 2024 (was €2,298)
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.
Derived cash bridge
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 | €115,437 | €114,970 | -€467 | -0.4% |
| Current assets | 29/58 | €115,437 | €114,970 | -€467 | -0.4% |
| Stocks and contracts in progress | 3 | €41,974 | €9,474 | -€32,500 | -77.4% |
| Stocks | 30/36 | €41,974 | €9,474 | -€32,500 | -77.4% |
| Amounts receivable within one year | 40/41 | €6,208 | €23,605 | +€17,397 | +280% |
| Trade receivables | 40 | €6,208 | €3,605 | -€2,603 | -41.9% |
| Other amounts receivable | 41 | - | €20,000 | +€20,000 | |
| Cash at bank and in hand | 54/58 | €67,234 | €81,871 | +€14,637 | +21.8% |
| Deferred charges and accrued income | 490/1 | €20 | €20 | = | 0.0% |
| Total equity and liabilities | 10/49 | €115,437 | €114,970 | -€467 | -0.4% |
| Equity | 10/15 | €53,228 | €59,324 | +€6,096 | +11.5% |
| 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% |
| Profit (loss) carried forward | 14 | -€8,772 | -€2,676 | +€6,096 | +69.5% |
| Amounts payable | 17/49 | €62,209 | €55,646 | -€6,563 | -10.6% |
| Amounts payable within one year | 42/48 | €62,209 | €55,646 | -€6,563 | -10.6% |
| Trade debts | 44 | €29,536 | €36,598 | +€7,062 | +23.9% |
| Suppliers | 440/4 | €29,536 | €36,598 | +€7,062 | +23.9% |
| Taxes, remuneration and social security | 45 | €16,696 | €18,048 | +€1,352 | +8.1% |
| Taxes | 450/3 | €8,602 | €13,297 | +€4,695 | +54.6% |
| Remuneration and social security | 454/9 | €8,094 | €4,751 | -€3,343 | -41.3% |
| Other amounts payable | 47/48 | €15,977 | €1,000 | -€14,977 | -93.7% |
| Remuneration, social security and pensions | 62 | €35,393 | €25,208 | -€10,185 | -28.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,298 | - | -€2,298 | |
| Other operating charges | 640/8 | €1,198 | €3,031 | +€1,833 | +153% |
| Gross operating margin | 9900 | €47,614 | €40,375 | -€7,239 | -15.2% |
| Operating profit (loss) | 9901 | €8,725 | €12,136 | +€3,411 | +39.1% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €409 | €2,998 | +€2,589 | +633% |
| Recurring financial charges | 65 | €409 | €2,998 | +€2,589 | +633% |
| Profit (loss) for the period before taxes | 9903 | €8,326 | €9,138 | +€812 | +9.8% |
| Income taxes | 67/77 | - | €3,042 | +€3,042 | |
| Profit (loss) for the period | 9904 | €8,326 | €6,096 | -€2,230 | -26.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,326 | €6,096 | -€2,230 | -26.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.