DECORMETAL: 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.
DECORMETAL
Largest movements
- Cash +€62,723
up €62,723 (+72.9%), from €86,096 to €148,819
mainly Depreciation (+€160,842) and Trade debts (+€115,017)
- Tangible fixed assets -€60,152
down €60,152 (-8.3%), from €727,654 to €667,502
of which Other tangible fixed assets: -€35,563
- Stocks and contracts -€43,976
down €43,976 (-19.3%), from €227,891 to €183,915
- Receivables within one year -€40,898
down €40,898 (-5.5%), from €737,533 to €696,635
of which Trade receivables: -€90,898
- Short-term financial debts -€121,870
down €121,870 (-85.5%), from €142,555 to €20,685
- Trade debts +€115,017
up €115,017 (+48.1%), from €238,951 to €353,968
- Debts after one year -€74,341
down €74,341 (-15.2%), from €487,667 to €413,326
- Current portion of long-term debt +€57,098
up €57,098 (+54.5%), from €104,700 to €161,798
- Tax, wage and social debts -€51,202
down €51,202 (-29.6%), from €173,008 to €121,806
of which Remuneration and social security: -€47,947
- Gross operating margin +€83,328
up €83,328 (+6.6%), from €1.3m to €1.4m
- Other operating charges +€46,052
up €46,052 (+143.3%), from €32,133 to €78,184
- Staff costs +€45,195
up €45,195 (+4.2%), from €1.1m to €1.1m
- Write-downs -€35,010
down €35,010, from €4,019 to -€30,991
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.
Cash bridge derived
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 | €1,809,643 | €1,723,583 | -€86,059 | -4.8% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €733,964 | €670,459 | -€63,505 | -8.7% |
| Intangible fixed assets | 21 | €6,309 | €2,957 | -€3,352 | -53.1% |
| Tangible fixed assets | 22/27 | €727,654 | €667,502 | -€60,152 | -8.3% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €343,424 | €313,174 | -€30,250 | -8.8% |
| Furniture and vehicles | 24 | €56,748 | €62,409 | +€5,661 | +10.0% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €327,482 | €291,919 | -€35,563 | -10.9% |
| Current assets | 29/58 | €1,075,679 | €1,053,124 | -€22,554 | -2.1% |
| Stocks and contracts in progress | 3 | €227,891 | €183,915 | -€43,976 | -19.3% |
| Stocks | 30/36 | €227,891 | €183,915 | -€43,976 | -19.3% |
| Amounts receivable within one year | 40/41 | €737,533 | €696,635 | -€40,898 | -5.5% |
| Trade receivables | 40 | €716,826 | €625,928 | -€90,898 | -12.7% |
| Other amounts receivable | 41 | €20,707 | €70,707 | +€50,000 | +241.5% |
| Cash at bank and in hand | 54/58 | €86,096 | €148,819 | +€62,723 | +72.9% |
| Deferred charges and accrued income | 490/1 | €24,159 | €23,755 | -€403 | -1.7% |
| Total equity and liabilities | 10/49 | €1,809,643 | €1,723,583 | -€86,059 | -4.8% |
| Equity | 10/15 | €652,412 | €635,633 | -€16,779 | -2.6% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €584,762 | €567,983 | -€16,779 | -2.9% |
| Amounts payable | 17/49 | €1,157,230 | €1,087,950 | -€69,281 | -6.0% |
| Amounts payable after more than one year | 17 | €487,667 | €413,326 | -€74,341 | -15.2% |
| Financial debts | 170/4 | €487,667 | €413,326 | -€74,341 | -15.2% |
| Amounts payable within one year | 42/48 | €659,214 | €658,257 | -€956 | -0.1% |
| Current portion of amounts payable after more than one year | 42 | €104,700 | €161,798 | +€57,098 | +54.5% |
| Financial debts | 43 | €142,555 | €20,685 | -€121,870 | -85.5% |
| Credit institutions | 430/8 | €142,555 | €20,685 | -€121,870 | -85.5% |
| Trade debts | 44 | €238,951 | €353,968 | +€115,017 | +48.1% |
| Suppliers | 440/4 | €238,951 | €353,968 | +€115,017 | +48.1% |
| Taxes, remuneration and social security | 45 | €173,008 | €121,806 | -€51,202 | -29.6% |
| Taxes | 450/3 | €43,891 | €40,636 | -€3,256 | -7.4% |
| Remuneration and social security | 454/9 | €129,117 | €81,170 | -€47,947 | -37.1% |
| Accrued charges and deferred income | 492/3 | €10,350 | €16,366 | +€6,017 | +58.1% |
| Remuneration, social security and pensions | 62 | €1,087,938 | €1,133,133 | +€45,195 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €169,367 | €160,842 | -€8,525 | -5.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,019 | -€30,991 | -€35,010 | |
| Other operating charges | 640/8 | €32,133 | €78,184 | +€46,052 | +143.3% |
| Gross operating margin | 9900 | €1,268,421 | €1,351,750 | +€83,328 | +6.6% |
| Operating profit (loss) | 9901 | -€25,035 | €10,582 | +€35,617 | |
| Financial income | 75/76B | €1,779 | €1,914 | +€135 | +7.6% |
| Recurring financial income | 75 | €1,779 | €1,914 | +€135 | +7.6% |
| Financial charges | 65/66B | €32,494 | €29,275 | -€3,219 | -9.9% |
| Recurring financial charges | 65 | €32,494 | €29,275 | -€3,219 | -9.9% |
| Profit (loss) for the period before taxes | 9903 | -€55,750 | -€16,779 | +€38,971 | +69.9% |
| Income taxes | 67/77 | €293 | €0 | -€293 | -100.0% |
| Profit (loss) for the period | 9904 | -€56,043 | -€16,779 | +€39,264 | +70.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€56,043 | -€16,779 | +€39,264 | +70.1% |
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 9 October 2026 via checked.be.