ETOILE DECOR: 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.
ETOILE DECOR
Largest movements
- Receivables within one year +€7,697
up €7,697 (+103%), from €7,468 to €15,164
of which Trade receivables: +€6,483
- Cash -€6,267
down €6,267 (-73.7%), from €8,503 to €2,236
mainly Receivables within one year (-€7,697) and Trade debts (-€2,027)
- Deferred charges and accrued income +€562
up €562 (+95.4%), from €589 to €1,152
- Profit (loss) carried forward +€4,412
up €4,412 (+58.6%), from -€7,527 to -€3,115
- Trade debts -€2,027
down €2,027 (-61.5%), from €3,294 to €1,267
- Accrued charges and deferred income -€393
no longer reported in 2025 (was €393)
- Gross operating margin +€9,191
up €9,191, from -€4,599 to €4,592
- Other operating charges -€686
no longer reported in 2025 (was €686)
- Financial income -€633
no longer reported in 2025 (was €633)
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 | €17,060 | €19,052 | +€1,992 | +11.7% |
| Fixed assets | 21/28 | €500 | €500 | = | 0.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €16,560 | €18,552 | +€1,992 | +12.0% |
| Amounts receivable within one year | 40/41 | €7,468 | €15,164 | +€7,697 | +103% |
| Trade receivables | 40 | €3,106 | €9,588 | +€6,483 | +209% |
| Other amounts receivable | 41 | €4,362 | €5,576 | +€1,214 | +27.8% |
| Cash at bank and in hand | 54/58 | €8,503 | €2,236 | -€6,267 | -73.7% |
| Deferred charges and accrued income | 490/1 | €589 | €1,152 | +€562 | +95.4% |
| Total equity and liabilities | 10/49 | €17,060 | €19,052 | +€1,992 | +11.7% |
| Equity | 10/15 | €13,373 | €17,785 | +€4,412 | +33.0% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,527 | -€3,115 | +€4,412 | +58.6% |
| Amounts payable | 17/49 | €3,687 | €1,267 | -€2,420 | -65.6% |
| Amounts payable within one year | 42/48 | €3,294 | €1,267 | -€2,027 | -61.5% |
| Trade debts | 44 | €3,294 | €1,267 | -€2,027 | -61.5% |
| Suppliers | 440/4 | €3,294 | €1,267 | -€2,027 | -61.5% |
| Accrued charges and deferred income | 492/3 | €393 | - | -€393 | |
| Other operating charges | 640/8 | €686 | - | -€686 | |
| Non-recurring operating charges | 66A | €85 | - | -€85 | |
| Gross operating margin | 9900 | -€4,599 | €4,592 | +€9,191 | |
| Operating profit (loss) | 9901 | -€5,370 | €4,592 | +€9,962 | |
| Financial income | 75/76B | €633 | - | -€633 | |
| Recurring financial income | 75 | €633 | - | -€633 | |
| Financial charges | 65/66B | €169 | €180 | +€11 | +6.4% |
| Recurring financial charges | 65 | €169 | €180 | +€11 | +6.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,906 | €4,412 | +€9,318 | |
| Profit (loss) for the period | 9904 | -€4,906 | €4,412 | +€9,318 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,906 | €4,412 | +€9,318 |
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 15 October 2026 via checked.be.