G 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.
G DECOR
Largest movements
- Current investments +€49,353
up €49,353 (+98.7%), from €50,000 to €99,353
- Tangible fixed assets -€29,655
down €29,655 (-24.6%), from €120,723 to €91,068
of which Furniture and vehicles: -€22,756
- Receivables within one year -€10,819
down €10,819 (-55.8%), from €19,379 to €8,561
of which Trade receivables: -€12,003
- Cash +€4,414
up €4,414 (+19.6%), from €22,548 to €26,962
mainly Depreciation (+€30,420) and Receivables within one year (+€10,819)
- Reserves +€7,051
up €7,051 (+3.6%), from €197,421 to €204,473
- Trade debts +€6,890
up €6,890 (+63.2%), from €10,904 to €17,794
- Gross operating margin -€19,405
down €19,405 (-31.5%), from €61,566 to €42,161
- Taxes -€4,935
down €4,935 (-61.3%), from €8,051 to €3,116
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 | €224,122 | €236,905 | +€12,784 | +5.7% |
| Fixed assets | 21/28 | €120,723 | €91,068 | -€29,655 | -24.6% |
| Tangible fixed assets | 22/27 | €120,723 | €91,068 | -€29,655 | -24.6% |
| Land and buildings | 22 | €37,417 | €30,814 | -€6,603 | -17.6% |
| Plant, machinery and equipment | 23 | €2,674 | €2,378 | -€296 | -11.1% |
| Furniture and vehicles | 24 | €80,632 | €57,876 | -€22,756 | -28.2% |
| Current assets | 29/58 | €103,398 | €145,837 | +€42,439 | +41.0% |
| Stocks and contracts in progress | 3 | €6,961 | €6,510 | -€451 | -6.5% |
| Stocks | 30/36 | €6,961 | €6,510 | -€451 | -6.5% |
| Amounts receivable within one year | 40/41 | €19,379 | €8,561 | -€10,819 | -55.8% |
| Trade receivables | 40 | €12,003 | €0 | -€12,003 | -100.0% |
| Other amounts receivable | 41 | €7,376 | €8,561 | +€1,185 | +16.1% |
| Current investments | 50/53 | €50,000 | €99,353 | +€49,353 | +98.7% |
| Cash at bank and in hand | 54/58 | €22,548 | €26,962 | +€4,414 | +19.6% |
| Deferred charges and accrued income | 490/1 | €4,510 | €4,452 | -€58 | -1.3% |
| Total equity and liabilities | 10/49 | €224,122 | €236,905 | +€12,784 | +5.7% |
| Equity | 10/15 | €203,629 | €210,681 | +€7,051 | +3.5% |
| Contributions | 10/11 | €6,208 | €6,208 | = | 0.0% |
| Contributions outside capital | 11 | €6,208 | - | -€6,208 | |
| Other | 1109/19 | €6,208 | - | -€6,208 | |
| Reserves | 13 | €197,421 | €204,473 | +€7,051 | +3.6% |
| Distributable reserves | 133 | €197,421 | €204,473 | +€7,051 | +3.6% |
| Amounts payable | 17/49 | €20,493 | €26,225 | +€5,732 | +28.0% |
| Amounts payable within one year | 42/48 | €19,311 | €26,142 | +€6,832 | +35.4% |
| Trade debts | 44 | €10,904 | €17,794 | +€6,890 | +63.2% |
| Suppliers | 440/4 | €10,904 | €17,794 | +€6,890 | +63.2% |
| Taxes, remuneration and social security | 45 | €2,410 | €996 | -€1,413 | -58.6% |
| Taxes | 450/3 | €2,410 | €996 | -€1,413 | -58.6% |
| Other amounts payable | 47/48 | €5,997 | €7,352 | +€1,355 | +22.6% |
| Accrued charges and deferred income | 492/3 | €1,182 | €82 | -€1,100 | -93.0% |
| Non-recurring operating income | 76A | €21,100 | - | -€21,100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,025 | €30,420 | +€395 | +1.3% |
| Other operating charges | 640/8 | €1,649 | €1,605 | -€44 | -2.7% |
| Gross operating margin | 9900 | €61,566 | €42,161 | -€19,405 | -31.5% |
| Operating profit (loss) | 9901 | €29,892 | €10,136 | -€19,756 | -66.1% |
| Financial income | 75/76B | €300 | €179 | -€121 | -40.2% |
| Recurring financial income | 75 | €300 | €179 | -€121 | -40.2% |
| Financial charges | 65/66B | €143 | €148 | +€5 | +3.5% |
| Recurring financial charges | 65 | €143 | €148 | +€5 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €30,049 | €10,168 | -€19,882 | -66.2% |
| Income taxes | 67/77 | €8,051 | €3,116 | -€4,935 | -61.3% |
| Profit (loss) for the period | 9904 | €21,998 | €7,051 | -€14,946 | -67.9% |
| Profit (loss) for the period to be appropriated | 9905 | €21,998 | €7,051 | -€14,946 | -67.9% |
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 17 October 2026 via checked.be.