DECOTA: 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
DECOTA
NACE 31.004, Manufacture of dining room, living room, bedroom and bathroom furniture
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€417,223
2024 · -€1.5m+€1.1m
Equity
-€1.8m
2024 · -€1.3m-€417,223
Cash
€119,794
2024 · €60,983+€58,812
Balance sheet total
€249,237
2024 · €1.1m-€837,781
Largest movements
Assets
- Receivables within one year -€615,423
down €615,423 (-88.0%), from €699,301 to €83,878
of which Trade receivables: -€585,083
- Stocks and contracts -€290,280
down €290,280 (-100.0%), from €290,280 to €0
- Cash +€58,812
up €58,812 (+96.4%), from €60,983 to €119,794
mainly Debts after one year (+€1.3m) and Receivables within one year (+€615,423)
- Tangible fixed assets +€13,914
up €13,914 (+46.9%), from €29,653 to €43,566
of which Furniture and vehicles: +€13,914
Equity and liabilities
- Other debts -€1.4m
down €1.4m (-90.6%), from €1.5m to €142,107
- Debts after one year +€1.3m
up €1.3m, from €0 to €1.3m
of which Other amounts payable: +€1.3m
- Profit (loss) carried forward -€417,223
down €417,223 (-23.9%), from -€1.7m to -€2.2m
- Trade debts -€207,208
down €207,208 (-65.2%), from €317,980 to €110,773
- Tax, wage and social debts -€173,353
down €173,353 (-94.4%), from €183,631 to €10,277
of which Remuneration and social security: -€139,631
Income statement
- Turnover -€1.5m
down €1.5m (-58.8%), from €2.5m to €1.0m
- Goods and materials -€1.3m
down €1.3m (-59.7%), from €2.2m to €901,868
of which Purchases: -€1.1m
- Staff costs -€601,309
down €601,309 (-83.0%), from €724,566 to €123,258
- Services and other goods -€354,930
down €354,930 (-43.4%), from €818,707 to €463,776
- Other operating income +€38,964
up €38,964 (+48.5%), from €80,418 to €119,382
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
-€1.5m
Turnover
-€1.5m
Other operating income
+€38,964
Goods and materials
+€1.3m
Services and other goods
+€354,930
Staff costs
+€601,309
Depreciation
-€4,040
Other operating charges
-€1,282
Other operating items
+€230,971
Financial income
-€9,175
Financial charges
-€32,635
Taxes
-€16
Result 2025
-€417,223
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.
From operations
-€1.2m
Investment
-€23,041
Financing
+€1.3m
Cash 2024
€60,983
From operations (derived)
-€1.2m
Net result for the year
-€417,223
Depreciation
+€9,628
Stocks and contracts
+€290,280
Receivables within one year
+€615,423
Deferred charges and accrued income
+€4,304
Trade debts
-€207,208
Tax, wage and social debts
-€173,353
Other debts
-€1.4m
Accrued charges and deferred income
+€35,613
Investment (derived)
-€23,041
Investment in fixed assets (net)
-€23,041
Financing
+€1.3m
Debts after one year
+€1.3m
Current portion of long-term debt
-€10,313
Cash 2025
€119,794
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,087,019 | €249,237 | -€837,781 | -77.1% |
| Fixed assets | 21/28 | €30,153 | €43,566 | +€13,414 | +44.5% |
| Tangible fixed assets | 22/27 | €29,653 | €43,566 | +€13,914 | +46.9% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €29,653 | €43,566 | +€13,914 | +46.9% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €500 | €0 | -€500 | -100.0% |
| Affiliated companies | 280/1 | €500 | €0 | -€500 | -100.0% |
| Participating interests | 280 | €500 | €0 | -€500 | -100.0% |
| Current assets | 29/58 | €1,056,866 | €205,671 | -€851,195 | -80.5% |
| Stocks and contracts in progress | 3 | €290,280 | €0 | -€290,280 | -100.0% |
| Stocks | 30/36 | €290,280 | €0 | -€290,280 | -100.0% |
| Raw materials and consumables | 30/31 | €65,000 | €0 | -€65,000 | -100.0% |
| Finished goods | 33 | €0 | - | = | |
| Goods purchased for resale | 34 | €225,280 | €0 | -€225,280 | -100.0% |
| Amounts receivable within one year | 40/41 | €699,301 | €83,878 | -€615,423 | -88.0% |
| Trade receivables | 40 | €645,427 | €60,344 | -€585,083 | -90.7% |
| Other amounts receivable | 41 | €53,874 | €23,534 | -€30,340 | -56.3% |
| Cash at bank and in hand | 54/58 | €60,983 | €119,794 | +€58,812 | +96.4% |
| Deferred charges and accrued income | 490/1 | €6,303 | €1,998 | -€4,304 | -68.3% |
| Total equity and liabilities | 10/49 | €1,087,019 | €249,237 | -€837,781 | -77.1% |
| Equity | 10/15 | -€1,332,873 | -€1,750,097 | -€417,223 | -31.3% |
| Contributions | 10/11 | €148,736 | €148,736 | = | 0.0% |
| Capital | 10 | €148,736 | €148,736 | = | 0.0% |
| Issued capital | 100 | €148,736 | €148,736 | = | 0.0% |
| Reserves | 13 | €261,932 | €261,932 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,874 | €14,874 | = | 0.0% |
| Legal reserve | 130 | €14,874 | €14,874 | = | 0.0% |
| Tax-exempt reserves | 132 | €86,413 | €86,413 | = | 0.0% |
| Distributable reserves | 133 | €160,645 | €160,645 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,743,542 | -€2,160,765 | -€417,223 | -23.9% |
| Amounts payable | 17/49 | €2,419,892 | €1,999,334 | -€420,558 | -17.4% |
| Amounts payable after more than one year | 17 | €0 | €1,300,000 | +€1.3m | |
| Financial debts | 170/4 | €0 | - | = | |
| Credit institutions | 173 | €0 | - | = | |
| Other amounts payable | 178/9 | - | €1,300,000 | +€1.3m | |
| Amounts payable within one year | 42/48 | €2,419,327 | €663,157 | -€1.8m | -72.6% |
| Current portion of amounts payable after more than one year | 42 | €10,313 | €0 | -€10,313 | -100.0% |
| Financial debts | 43 | €400,000 | €400,000 | = | 0.0% |
| Credit institutions | 430/8 | €400,000 | €400,000 | = | 0.0% |
| Trade debts | 44 | €317,980 | €110,773 | -€207,208 | -65.2% |
| Suppliers | 440/4 | €317,980 | €110,773 | -€207,208 | -65.2% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €183,631 | €10,277 | -€173,353 | -94.4% |
| Taxes | 450/3 | €34,387 | €665 | -€33,722 | -98.1% |
| Remuneration and social security | 454/9 | €149,244 | €9,613 | -€139,631 | -93.6% |
| Other amounts payable | 47/48 | €1,507,403 | €142,107 | -€1.4m | -90.6% |
| Accrued charges and deferred income | 492/3 | €565 | €36,177 | +€35,613 | +6306.1% |
| Operating income | 70/76A | €2,557,517 | €1,140,276 | -€1.4m | -55.4% |
| Turnover | 70 | €2,477,099 | €1,020,895 | -€1.5m | -58.8% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €0 | - | = | |
| Other operating income | 74 | €80,418 | €119,382 | +€38,964 | +48.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | €4,024,964 | €1,507,195 | -€2.5m | -62.6% |
| Goods for resale, raw materials and consumables | 60 | €2,237,749 | €901,868 | -€1.3m | -59.7% |
| Purchases | 600/8 | €1,696,531 | €611,588 | -€1.1m | -64.0% |
| Change in stocks: decrease (increase) | 609 | €541,218 | €290,280 | -€250,938 | -46.4% |
| Services and other goods | 61 | €818,707 | €463,776 | -€354,930 | -43.4% |
| Remuneration, social security and pensions | 62 | €724,566 | €123,258 | -€601,309 | -83.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,588 | €9,628 | +€4,040 | +72.3% |
| Other operating charges | 640/8 | €7,383 | €8,665 | +€1,282 | +17.4% |
| Non-recurring operating charges | 66A | €230,971 | €0 | -€230,971 | -100.0% |
| Operating profit (loss) | 9901 | -€1,467,447 | -€366,919 | +€1.1m | +75.0% |
| Financial income | 75/76B | €9,850 | €674 | -€9,175 | -93.2% |
| Recurring financial income | 75 | €9,850 | €674 | -€9,175 | -93.2% |
| Income from current assets | 751 | €8 | €60 | +€52 | +622.5% |
| Other financial income | 752/9 | €9,841 | €614 | -€9,227 | -93.8% |
| Financial charges | 65/66B | €18,326 | €50,961 | +€32,635 | +178.1% |
| Recurring financial charges | 65 | €18,326 | €50,961 | +€32,635 | +178.1% |
| Debt charges | 650 | €17,609 | €50,639 | +€33,030 | +187.6% |
| Other financial charges | 652/9 | €717 | €322 | -€395 | -55.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,475,923 | -€417,205 | +€1.1m | +71.7% |
| Income taxes | 67/77 | €3 | €18 | +€16 | +623.1% |
| Taxes | 670/3 | €3 | €18 | +€16 | +623.1% |
| Profit (loss) for the period | 9904 | -€1,475,926 | -€417,223 | +€1.1m | +71.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,475,926 | -€417,223 | +€1.1m | +71.7% |
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.