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DECOROM: what changed

Two fiscal 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

DECOROM

BE 0816.967.652
NACE 41.001, General construction of residential buildings
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€5,695
2023 · €50,902-€45,207
Equity
€105,722
2023 · €100,027+€5,695
Cash
€625
2023 · €7,676-€7,051
Balance sheet total
€228,873
2023 · €250,721-€21,848

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€13,128

    down €13,128 (-6.3%), from €209,996 to €196,868

  • Cash -€7,051

    down €7,051 (-91.9%), from €7,676 to €625

    mainly Debts after one year (-€22,217) and Trade debts (-€12,094)

Equity and liabilities
  • Debts after one year -€22,217

    down €22,217 (-31.8%), from €69,842 to €47,625

  • Trade debts -€12,094

    down €12,094 (-80.3%), from €15,058 to €2,964

  • Reserves +€5,000

    up €5,000 (+62.5%), from €8,000 to €13,000

  • Other debts +€3,117

    up €3,117 (+7.2%), from €43,096 to €46,213

  • Tax, wage and social debts +€2,845

    new in 2024: €2,845

Income statement
  • Gross operating margin -€50,539

    down €50,539 (-64.5%), from €78,393 to €27,854

  • Financial charges -€1,983

    down €1,983 (-32.3%), from €6,135 to €4,152

  • Depreciation -€1,800

    down €1,800 (-12.1%), from €14,928 to €13,128

  • Taxes -€1,611

    down €1,611 (-36.0%), from €4,479 to €2,868

From the 2023 result to the 2024 result

effect on the 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 2023 €50,902
Gross operating margin -€50,539
Depreciation +€1,800
Other operating charges -€145
Financial income +€83
Financial charges +€1,983
Taxes +€1,611
Result 2024 €5,695

Cash bridge derived

cash 2023 to 2024

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.

From operations +€12,360
Investment €0
Financing -€19,411
Cash 2023 €7,676
Net result for the year +€5,695
Depreciation +€13,128
Stocks and contracts +€1,916
Receivables within one year +€753
Deferred charges and accrued income -€1,000
Trade debts -€12,094
Tax, wage and social debts +€2,845
Other debts +€3,117
Accrued charges and deferred income -€2,000
Debts after one year -€22,217
Current portion of long-term debt +€2,806
Cash 2024 €625
Every line side by side 44 lines
Line Code 2023 2024 Change %
Total assets 20/58 €250,721 €228,873 -€21,848 -8.7%
Fixed assets 21/28 €209,996 €196,868 -€13,128 -6.3%
Tangible fixed assets 22/27 €209,996 €196,868 -€13,128 -6.3%
Land and buildings 22 €209,996 €196,868 -€13,128 -6.3%
Current assets 29/58 €40,725 €32,005 -€8,720 -21.4%
Stocks and contracts in progress 3 €1,916 - -€1,916
Stocks 30/36 €1,916 - -€1,916
Amounts receivable within one year 40/41 €30,133 €29,380 -€753 -2.5%
Trade receivables 40 €20,044 €16,590 -€3,454 -17.2%
Other amounts receivable 41 €10,089 €12,790 +€2,701 +26.8%
Cash at bank and in hand 54/58 €7,676 €625 -€7,051 -91.9%
Deferred charges and accrued income 490/1 €1,000 €2,000 +€1,000 +100.0%
Total equity and liabilities 10/49 €250,721 €228,873 -€21,848 -8.7%
Equity 10/15 €100,027 €105,722 +€5,695 +5.7%
Contributions 10/11 €90,000 €90,000 = 0.0%
Capital 10 €90,000 - -€90,000
Issued capital 100 €90,000 - -€90,000
Reserves 13 €8,000 €13,000 +€5,000 +62.5%
Non-distributable reserves 130/1 €8,000 €13,000 +€5,000 +62.5%
Other 1319 €8,000 €13,000 +€5,000 +62.5%
Profit (loss) carried forward 14 €2,027 €2,722 +€695 +34.3%
Amounts payable 17/49 €150,694 €123,151 -€27,543 -18.3%
Amounts payable after more than one year 17 €69,842 €47,625 -€22,217 -31.8%
Financial debts 170/4 €69,842 €47,625 -€22,217 -31.8%
Amounts payable within one year 42/48 €78,852 €75,526 -€3,326 -4.2%
Current portion of amounts payable after more than one year 42 €20,698 €23,504 +€2,806 +13.6%
Trade debts 44 €15,058 €2,964 -€12,094 -80.3%
Suppliers 440/4 €15,058 €2,964 -€12,094 -80.3%
Taxes, remuneration and social security 45 - €2,845 +€2,845
Taxes 450/3 - €2,845 +€2,845
Other amounts payable 47/48 €43,096 €46,213 +€3,117 +7.2%
Accrued charges and deferred income 492/3 €2,000 - -€2,000
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €14,928 €13,128 -€1,800 -12.1%
Other operating charges 640/8 €1,949 €2,094 +€145 +7.4%
Gross operating margin 9900 €78,393 €27,854 -€50,539 -64.5%
Operating profit (loss) 9901 €61,516 €12,632 -€48,884 -79.5%
Financial income 75/76B - €83 +€83
Recurring financial income 75 - €83 +€83
Financial charges 65/66B €6,135 €4,152 -€1,983 -32.3%
Recurring financial charges 65 €6,135 €4,152 -€1,983 -32.3%
Profit (loss) for the period before taxes 9903 €55,381 €8,563 -€46,818 -84.5%
Income taxes 67/77 €4,479 €2,868 -€1,611 -36.0%
Profit (loss) for the period 9904 €50,902 €5,695 -€45,207 -88.8%
Profit (loss) for the period to be appropriated 9905 €50,902 €5,695 -€45,207 -88.8%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.