Decrem: what changed
What changed
Decrem
NACE 43.320, Joinery installation
filed annual accounts (NBB)
Net result for the year
€59,946
2024 · €197,415-€137,469
Equity
€823,733
2024 · €2.0m-€1.1m
Cash
€1.7m
2024 · €1.7m+€8,029
Balance sheet total
€2.2m
2024 · €2.2m+€33,605
Largest movements
Assets
- Receivables within one year +€65,426
up €65,426 (+26.7%), from €245,176 to €310,602
of which Trade receivables: +€105,118
- Stocks and contracts -€53,255
down €53,255 (-51.3%), from €103,741 to €50,486
of which Contracts in progress: -€37,624
Equity and liabilities
- Other debts +€1.2m
new in 2025: €1.2m
- Reserves -€1.1m
down €1.1m (-64.1%), from €1.8m to €637,733
of which Distributable reserves: -€1.1m
- Trade debts -€22,231
down €22,231 (-20.1%), from €110,854 to €88,623
Income statement
- Gross operating margin -€181,134
down €181,134 (-21.3%), from €852,189 to €671,055
- Taxes -€47,729
down €47,729 (-70.1%), from €68,122 to €20,392
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€197,415
Gross operating margin
-€181,134
Staff costs
+€1,562
Depreciation
-€2,743
Other operating charges
-€2,765
Financial income
-€595
Financial charges
+€476
Taxes
+€47,729
Result 2025
€59,946
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1.2m
Investment
-€38,463
Financing
-€1.2m
Cash 2024
€1.7m
From operations (derived)
+€1.2m
Net result for the year
+€59,946
Depreciation
+€22,604
Stocks and contracts
+€53,255
Receivables within one year
-€65,426
Deferred charges and accrued income
+€2,455
Trade debts
-€22,231
Tax, wage and social debts
-€9,153
Other debts
+€1.2m
Accrued charges and deferred income
+€5,043
Investment (derived)
-€38,463
Investment in fixed assets (net)
-€38,463
Financing
-€1.2m
Contributions, distributions and other
-€1.2m
Cash 2025
€1.7m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,154,912 | €2,188,517 | +€33,605 | +1.6% |
| Fixed assets | 21/28 | €50,969 | €66,829 | +€15,859 | +31.1% |
| Tangible fixed assets | 22/27 | €50,702 | €66,561 | +€15,859 | +31.3% |
| Plant, machinery and equipment | 23 | €11,446 | €7,508 | -€3,939 | -34.4% |
| Furniture and vehicles | 24 | €28,422 | €50,852 | +€22,430 | +78.9% |
| Other tangible fixed assets | 26 | €10,833 | €8,201 | -€2,632 | -24.3% |
| Financial fixed assets | 28 | €268 | €268 | = | 0.0% |
| Current assets | 29/58 | €2,103,943 | €2,121,689 | +€17,746 | +0.8% |
| Stocks and contracts in progress | 3 | €103,741 | €50,486 | -€53,255 | -51.3% |
| Stocks | 30/36 | €37,541 | €21,910 | -€15,631 | -41.6% |
| Contracts in progress | 37 | €66,200 | €28,576 | -€37,624 | -56.8% |
| Amounts receivable within one year | 40/41 | €245,176 | €310,602 | +€65,426 | +26.7% |
| Trade receivables | 40 | €181,913 | €287,031 | +€105,118 | +57.8% |
| Other amounts receivable | 41 | €63,263 | €23,571 | -€39,692 | -62.7% |
| Cash at bank and in hand | 54/58 | €1,734,002 | €1,742,031 | +€8,029 | +0.5% |
| Deferred charges and accrued income | 490/1 | €21,024 | €18,569 | -€2,455 | -11.7% |
| Total equity and liabilities | 10/49 | €2,154,912 | €2,188,517 | +€33,605 | +1.6% |
| Equity | 10/15 | €1,963,787 | €823,733 | -€1.1m | -58.1% |
| Contributions | 10/11 | €186,000 | €186,000 | = | 0.0% |
| Capital | 10 | €186,000 | €186,000 | = | 0.0% |
| Issued capital | 100 | €186,000 | €186,000 | = | 0.0% |
| Reserves | 13 | €1,777,787 | €637,733 | -€1.1m | -64.1% |
| Non-distributable reserves | 130/1 | €18,600 | €18,600 | = | 0.0% |
| Legal reserve | 130 | €18,600 | €18,600 | = | 0.0% |
| Distributable reserves | 133 | €1,759,187 | €619,133 | -€1.1m | -64.8% |
| Amounts payable | 17/49 | €191,125 | €1,364,784 | +€1.2m | +614% |
| Amounts payable within one year | 42/48 | €190,705 | €1,359,321 | +€1.2m | +613% |
| Trade debts | 44 | €110,854 | €88,623 | -€22,231 | -20.1% |
| Suppliers | 440/4 | €110,854 | €88,623 | -€22,231 | -20.1% |
| Taxes, remuneration and social security | 45 | €79,851 | €70,698 | -€9,153 | -11.5% |
| Taxes | 450/3 | €12,423 | €12,736 | +€313 | +2.5% |
| Remuneration and social security | 454/9 | €67,428 | €57,962 | -€9,466 | -14.0% |
| Other amounts payable | 47/48 | - | €1,200,000 | +€1.2m | |
| Accrued charges and deferred income | 492/3 | €421 | €5,463 | +€5,043 | +1,199% |
| Non-recurring operating income | 76A | €400 | - | -€400 | |
| Remuneration, social security and pensions | 62 | €558,301 | €556,740 | -€1,562 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,862 | €22,604 | +€2,743 | +13.8% |
| Other operating charges | 640/8 | €8,380 | €11,145 | +€2,765 | +33.0% |
| Gross operating margin | 9900 | €852,189 | €671,055 | -€181,134 | -21.3% |
| Operating profit (loss) | 9901 | €265,646 | €80,567 | -€185,080 | -69.7% |
| Financial income | 75/76B | €1,685 | €1,090 | -€595 | -35.3% |
| Recurring financial income | 75 | €1,685 | €1,090 | -€595 | -35.3% |
| Financial charges | 65/66B | €1,795 | €1,318 | -€476 | -26.5% |
| Recurring financial charges | 65 | €1,795 | €1,318 | -€476 | -26.5% |
| Profit (loss) for the period before taxes | 9903 | €265,537 | €80,339 | -€185,199 | -69.7% |
| Income taxes | 67/77 | €68,122 | €20,392 | -€47,729 | -70.1% |
| Profit (loss) for the period | 9904 | €197,415 | €59,946 | -€137,469 | -69.6% |
| Profit (loss) for the period to be appropriated | 9905 | €197,415 | €59,946 | -€137,469 | -69.6% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.