EURODECOR: 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
EURODECOR
NACE 47.551, Retail sale of household furniture
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€105,173
2023 · €101,818+€3,355
Equity
€970,815
2023 · €865,849+€104,966
Cash
€92,856
2023 · €135,175-€42,319
Balance sheet total
€4.6m
2023 · €4.7m-€116,164
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Advances received -€308,920
down €308,920 (-90.2%), from €342,599 to €33,679
- Trade debts +€226,833
new in 2024: €226,833
- Debts after one year -€184,892
down €184,892 (-6.0%), from €3.1m to €2.9m
- Profit (loss) carried forward +€104,966
up €104,966 (+23.7%), from €442,502 to €547,468
- Tax, wage and social debts +€57,243
up €57,243 (+41.8%), from €136,934 to €194,177
of which Remuneration and social security: +€154,826
Income statement
- Gross operating margin -€193,982
down €193,982 (-19.8%), from €977,789 to €783,807
- Other operating charges -€105,001
down €105,001 (-54.1%), from €194,039 to €89,038
- Depreciation -€48,812
down €48,812 (-22.0%), from €221,941 to €173,129
- Financial charges -€27,984
down €27,984 (-26.8%), from €104,363 to €76,379
From the 2023 result to the 2024 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
€101,818
Gross operating margin
-€193,982
Staff costs
+€4,812
Depreciation
+€48,812
Other operating charges
+€105,001
Other operating items
+€9,921
Financial income
+€7,087
Financial charges
+€27,984
Taxes
-€6,282
Result 2024
€105,173
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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
+€298,786
Investment
-€132,662
Financing
-€208,443
Cash 2023
€135,175
From operations (derived)
+€298,786
Net result for the year
+€105,173
Depreciation
+€173,129
Stocks and contracts
+€7,649
Receivables within one year
+€14,927
Deferred charges and accrued income
+€10,803
Trade debts
+€226,833
Tax, wage and social debts
+€57,243
Advances received
-€308,920
Other debts
+€11,950
Investment (derived)
-€132,662
Investment in fixed assets (net)
-€132,662
Financing
-€208,443
Debts after one year
-€184,892
Current portion of long-term debt
-€23,344
Contributions, distributions and other
-€207
Cash 2024
€92,856
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,695,140 | €4,578,976 | -€116,164 | -2.5% |
| Fixed assets | 21/28 | €4,099,870 | €4,059,403 | -€40,467 | -1.0% |
| Tangible fixed assets | 22/27 | €4,090,688 | €4,050,221 | -€40,467 | -1.0% |
| Land and buildings | 22 | €3,985,726 | €3,814,234 | -€171,492 | -4.3% |
| Furniture and vehicles | 24 | €55,635 | €139,376 | +€83,741 | +151% |
| Leasing and similar rights | 25 | €4,821 | €4,821 | -€0 | 0.0% |
| Other tangible fixed assets | 26 | €25,572 | €72,856 | +€47,284 | +185% |
| Assets under construction and advance payments | 27 | €18,934 | €18,934 | -€0 | 0.0% |
| Financial fixed assets | 28 | €9,182 | €9,182 | +€0 | 0.0% |
| Current assets | 29/58 | €595,271 | €519,573 | -€75,698 | -12.7% |
| Stocks and contracts in progress | 3 | €290,486 | €282,837 | -€7,649 | -2.6% |
| Stocks | 30/36 | €290,486 | €282,837 | -€7,649 | -2.6% |
| Amounts receivable within one year | 40/41 | €158,807 | €143,880 | -€14,927 | -9.4% |
| Trade receivables | 40 | €79,981 | €143,880 | +€63,899 | +79.9% |
| Other amounts receivable | 41 | €78,826 | - | -€78,826 | |
| Cash at bank and in hand | 54/58 | €135,175 | €92,856 | -€42,319 | -31.3% |
| Deferred charges and accrued income | 490/1 | €10,803 | - | -€10,803 | |
| Total equity and liabilities | 10/49 | €4,695,140 | €4,578,976 | -€116,164 | -2.5% |
| Equity | 10/15 | €865,849 | €970,815 | +€104,966 | +12.1% |
| Contributions | 10/11 | €418,592 | €418,592 | -€0 | 0.0% |
| Reserves | 13 | €4,755 | €4,755 | +€0 | 0.0% |
| Distributable reserves | 133 | €4,755 | €4,755 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €442,502 | €547,468 | +€104,966 | +23.7% |
| Amounts payable | 17/49 | €3,829,291 | €3,608,161 | -€221,130 | -5.8% |
| Amounts payable after more than one year | 17 | €3,099,592 | €2,914,700 | -€184,892 | -6.0% |
| Financial debts | 170/4 | €3,099,592 | €2,914,700 | -€184,892 | -6.0% |
| Amounts payable within one year | 42/48 | €697,299 | €661,061 | -€36,238 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €214,266 | €190,922 | -€23,344 | -10.9% |
| Trade debts | 44 | - | €226,833 | +€226,833 | |
| Suppliers | 440/4 | - | €226,833 | +€226,833 | |
| Advances received on contracts in progress | 46 | €342,599 | €33,679 | -€308,920 | -90.2% |
| Taxes, remuneration and social security | 45 | €136,934 | €194,177 | +€57,243 | +41.8% |
| Taxes | 450/3 | €97,583 | - | -€97,583 | |
| Remuneration and social security | 454/9 | €39,351 | €194,177 | +€154,826 | +393% |
| Other amounts payable | 47/48 | €3,500 | €15,450 | +€11,950 | +341% |
| Accrued charges and deferred income | 492/3 | €32,400 | €32,400 | = | 0.0% |
| Non-recurring operating income | 76A | €120,586 | - | -€120,586 | |
| Remuneration, social security and pensions | 62 | €325,062 | €320,250 | -€4,812 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €221,941 | €173,129 | -€48,812 | -22.0% |
| Other operating charges | 640/8 | €194,039 | €89,038 | -€105,001 | -54.1% |
| Non-recurring operating charges | 66A | €9,921 | - | -€9,921 | |
| Gross operating margin | 9900 | €977,789 | €783,807 | -€193,982 | -19.8% |
| Operating profit (loss) | 9901 | €226,825 | €201,390 | -€25,435 | -11.2% |
| Financial income | 75/76B | €8,132 | €15,219 | +€7,087 | +87.2% |
| Recurring financial income | 75 | €8,132 | €15,219 | +€7,087 | +87.2% |
| Financial charges | 65/66B | €104,363 | €76,379 | -€27,984 | -26.8% |
| Recurring financial charges | 65 | €104,363 | €76,379 | -€27,984 | -26.8% |
| Profit (loss) for the period before taxes | 9903 | €130,594 | €140,230 | +€9,636 | +7.4% |
| Income taxes | 67/77 | €28,775 | €35,057 | +€6,282 | +21.8% |
| Profit (loss) for the period | 9904 | €101,818 | €105,173 | +€3,355 | +3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €101,818 | €105,173 | +€3,355 | +3.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.