GC-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.
GC-DECOR
Largest movements
- Tangible fixed assets -€8,272
down €8,272 (-30.9%), from €26,748 to €18,476
of which Furniture and vehicles: -€7,759
- Receivables within one year -€5,472
down €5,472 (-51.6%), from €10,611 to €5,139
of which Trade receivables: -€2,916
- Cash -€514
down €514 (-4.0%), from €12,806 to €12,292
mainly Net result for the year (-€14,383) and Debts after one year (-€6,744)
- Profit (loss) carried forward -€14,383
down €14,383 (-40.7%), from -€35,297 to -€49,680
- Other debts +€9,371
up €9,371 (+48.6%), from €19,297 to €28,669
- Debts after one year -€6,744
down €6,744 (-38.6%), from €17,470 to €10,725
- Tax, wage and social debts -€6,341
down €6,341 (-36.5%), from €17,392 to €11,051
of which Taxes: -€6,341
- Trade debts +€3,656
up €3,656 (+59.6%), from €6,130 to €9,786
- Gross operating margin +€12,714
up €12,714, from -€10,095 to €2,618
- Other operating charges +€4,301
up €4,301 (+368%), from €1,170 to €5,471
- Financial charges +€682
up €682 (+27.9%), from €2,446 to €3,129
- Depreciation -€467
down €467 (-5.3%), from €8,738 to €8,272
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 | €51,056 | €36,922 | -€14,134 | -27.7% |
| Fixed assets | 21/28 | €26,943 | €18,671 | -€8,272 | -30.7% |
| Tangible fixed assets | 22/27 | €26,748 | €18,476 | -€8,272 | -30.9% |
| Plant, machinery and equipment | 23 | €949 | €436 | -€513 | -54.0% |
| Furniture and vehicles | 24 | €25,799 | €18,040 | -€7,759 | -30.1% |
| Financial fixed assets | 28 | €195 | €195 | = | 0.0% |
| Current assets | 29/58 | €24,114 | €18,252 | -€5,862 | -24.3% |
| Amounts receivable within one year | 40/41 | €10,611 | €5,139 | -€5,472 | -51.6% |
| Trade receivables | 40 | €8,055 | €5,139 | -€2,916 | -36.2% |
| Other amounts receivable | 41 | €2,556 | €0 | -€2,556 | -100% |
| Cash at bank and in hand | 54/58 | €12,806 | €12,292 | -€514 | -4.0% |
| Deferred charges and accrued income | 490/1 | €697 | €820 | +€124 | +17.8% |
| Total equity and liabilities | 10/49 | €51,056 | €36,922 | -€14,134 | -27.7% |
| Equity | 10/15 | -€15,671 | -€30,054 | -€14,383 | -91.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €13,426 | €13,426 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €11,566 | €11,566 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,297 | -€49,680 | -€14,383 | -40.7% |
| Amounts payable | 17/49 | €66,727 | €66,976 | +€249 | +0.4% |
| Amounts payable after more than one year | 17 | €17,470 | €10,725 | -€6,744 | -38.6% |
| Financial debts | 170/4 | €17,470 | €10,725 | -€6,744 | -38.6% |
| Amounts payable within one year | 42/48 | €49,257 | €56,251 | +€6,994 | +14.2% |
| Current portion of amounts payable after more than one year | 42 | €6,437 | €6,744 | +€307 | +4.8% |
| Trade debts | 44 | €6,130 | €9,786 | +€3,656 | +59.6% |
| Suppliers | 440/4 | €6,130 | €9,786 | +€3,656 | +59.6% |
| Taxes, remuneration and social security | 45 | €17,392 | €11,051 | -€6,341 | -36.5% |
| Taxes | 450/3 | €13,873 | €7,532 | -€6,341 | -45.7% |
| Remuneration and social security | 454/9 | €3,519 | €3,519 | = | 0.0% |
| Other amounts payable | 47/48 | €19,297 | €28,669 | +€9,371 | +48.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,738 | €8,272 | -€467 | -5.3% |
| Other operating charges | 640/8 | €1,170 | €5,471 | +€4,301 | +368% |
| Gross operating margin | 9900 | -€10,095 | €2,618 | +€12,714 | |
| Operating profit (loss) | 9901 | -€20,004 | -€11,124 | +€8,879 | +44.4% |
| Financial income | 75/76B | €1 | €11 | +€9 | +668% |
| Recurring financial income | 75 | €1 | €11 | +€9 | +668% |
| Financial charges | 65/66B | €2,446 | €3,129 | +€682 | +27.9% |
| Recurring financial charges | 65 | €2,446 | €3,129 | +€682 | +27.9% |
| Profit (loss) for the period before taxes | 9903 | -€22,449 | -€14,242 | +€8,206 | +36.6% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€22,588 | -€14,383 | +€8,205 | +36.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,588 | -€14,383 | +€8,205 | +36.3% |
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.