DSM-DECORATIE: 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.
DSM-DECORATIE
Largest movements
- Tangible fixed assets -€10,832
down €10,832 (-12.8%), from €84,420 to €73,588
of which Land and buildings: -€7,653
- Receivables within one year +€2,923
up €2,923 (+21.5%), from €13,607 to €16,529
of which Trade receivables: +€7,036
- Debts after one year -€18,212
down €18,212 (-40.8%), from €44,621 to €26,409
- Short-term financial debts +€3,588
up €3,588 (+221%), from €1,621 to €5,209
- Profit (loss) carried forward +€2,441
up €2,441 (+7.4%), from -€33,168 to -€30,727
- Trade debts +€2,059
up €2,059 (+13.9%), from €14,818 to €16,877
- Other debts +€1,382
up €1,382 (+5.7%), from €24,204 to €25,586
- Staff costs -€3,914
down €3,914, from €1,423 to -€2,491
- Other operating charges +€2,200
up €2,200 (+52.1%), from €4,225 to €6,424
- Gross operating margin -€699
down €699 (-3.0%), from €23,112 to €22,413
- Depreciation +€334
up €334 (+2.7%), from €12,360 to €12,694
- Financial charges -€318
down €318 (-9.6%), from €3,310 to €2,992
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.
Derived cash bridge
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 | €117,532 | €110,143 | -€7,389 | -6.3% |
| Fixed assets | 21/28 | €84,470 | €73,638 | -€10,832 | -12.8% |
| Tangible fixed assets | 22/27 | €84,420 | €73,588 | -€10,832 | -12.8% |
| Land and buildings | 22 | €74,445 | €66,792 | -€7,653 | -10.3% |
| Plant, machinery and equipment | 23 | €3,154 | €1,772 | -€1,381 | -43.8% |
| Furniture and vehicles | 24 | €6,821 | €5,024 | -€1,797 | -26.3% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €33,062 | €36,505 | +€3,443 | +10.4% |
| Stocks and contracts in progress | 3 | €18,279 | €18,085 | -€194 | -1.1% |
| Stocks | 30/36 | €18,279 | €18,085 | -€194 | -1.1% |
| Amounts receivable within one year | 40/41 | €13,607 | €16,529 | +€2,923 | +21.5% |
| Trade receivables | 40 | €9,483 | €16,519 | +€7,036 | +74.2% |
| Other amounts receivable | 41 | €4,124 | €11 | -€4,113 | -99.7% |
| Cash at bank and in hand | 54/58 | €891 | €1,569 | +€678 | +76.1% |
| Deferred charges and accrued income | 490/1 | €285 | €322 | +€37 | +12.9% |
| Total equity and liabilities | 10/49 | €117,532 | €110,143 | -€7,389 | -6.3% |
| Equity | 10/15 | €9,643 | €12,084 | +€2,441 | +25.3% |
| Contributions | 10/11 | €13,700 | €13,700 | = | 0.0% |
| Reserves | 13 | €29,111 | €29,111 | = | 0.0% |
| Distributable reserves | 133 | €29,111 | €29,111 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,168 | -€30,727 | +€2,441 | +7.4% |
| Amounts payable | 17/49 | €107,888 | €98,059 | -€9,830 | -9.1% |
| Amounts payable after more than one year | 17 | €44,621 | €26,409 | -€18,212 | -40.8% |
| Financial debts | 170/4 | €44,621 | €26,409 | -€18,212 | -40.8% |
| Amounts payable within one year | 42/48 | €60,831 | €68,773 | +€7,941 | +13.1% |
| Current portion of amounts payable after more than one year | 42 | €17,570 | €18,212 | +€642 | +3.7% |
| Financial debts | 43 | €1,621 | €5,209 | +€3,588 | +221% |
| Credit institutions | 430/8 | €1,621 | €5,209 | +€3,588 | +221% |
| Trade debts | 44 | €14,818 | €16,877 | +€2,059 | +13.9% |
| Suppliers | 440/4 | €14,818 | €16,877 | +€2,059 | +13.9% |
| Taxes, remuneration and social security | 45 | €2,617 | €2,888 | +€271 | +10.4% |
| Taxes | 450/3 | €2,617 | €2,888 | +€271 | +10.4% |
| Other amounts payable | 47/48 | €24,204 | €25,586 | +€1,382 | +5.7% |
| Accrued charges and deferred income | 492/3 | €2,436 | €2,877 | +€441 | +18.1% |
| Remuneration, social security and pensions | 62 | €1,423 | -€2,491 | -€3,914 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,360 | €12,694 | +€334 | +2.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€58 | -€34 | +€24 | +40.7% |
| Other operating charges | 640/8 | €4,225 | €6,424 | +€2,200 | +52.1% |
| Gross operating margin | 9900 | €23,112 | €22,413 | -€699 | -3.0% |
| Operating profit (loss) | 9901 | €5,163 | €5,820 | +€658 | +12.7% |
| Financial income | 75/76B | €9 | €2 | -€7 | -78.5% |
| Recurring financial income | 75 | €9 | €2 | -€7 | -78.5% |
| Financial charges | 65/66B | €3,310 | €2,992 | -€318 | -9.6% |
| Recurring financial charges | 65 | €3,310 | €2,992 | -€318 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €1,862 | €2,830 | +€968 | +52.0% |
| Income taxes | 67/77 | €376 | €389 | +€13 | +3.6% |
| Profit (loss) for the period | 9904 | €1,486 | €2,441 | +€955 | +64.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,486 | €2,441 | +€955 | +64.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.