GORI-DECOR: what changed
Two fiscal 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.
GORI-DECOR
Largest movements
- Cash -€12,402
down €12,402 (-67.1%), from €18,481 to €6,079
mainly Receivables within one year (-€6,808) and Trade debts (-€3,682)
- Receivables within one year +€6,808
up €6,808 (+144.9%), from €4,699 to €11,508
of which Trade receivables: +€6,797
- Deferred charges and accrued income -€1,403
down €1,403 (-27.8%), from €5,046 to €3,643
- Trade debts -€3,682
down €3,682 (-31.9%), from €11,561 to €7,879
- Profit (loss) carried forward -€2,375
down €2,375 (-5.0%), from -€47,361 to -€49,736
- Tax, wage and social debts -€1,657
down €1,657 (-12.0%), from €13,833 to €12,176
of which Remuneration and social security: -€1,757
- Other debts +€515
up €515 (+43.2%), from €1,192 to €1,707
- Gross operating margin +€34,131
up €34,131 (+885.0%), from €3,857 to €37,987
- Staff costs -€11,953
down €11,953 (-25.3%), from €47,304 to €35,351
- Depreciation -€1,135
down €1,135 (-30.2%), from €3,758 to €2,623
- Financial charges -€477
down €477 (-58.3%), from €817 to €341
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.
Cash bridge derived
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 | €33,272 | €26,032 | -€7,241 | -21.8% |
| Fixed assets | 21/28 | €2,720 | €2,512 | -€208 | -7.6% |
| Tangible fixed assets | 22/27 | €2,720 | €2,512 | -€208 | -7.6% |
| Plant, machinery and equipment | 23 | €282 | €2,475 | +€2,193 | +778.5% |
| Furniture and vehicles | 24 | €2,438 | €37 | -€2,401 | -98.5% |
| Current assets | 29/58 | €30,552 | €23,520 | -€7,033 | -23.0% |
| Stocks and contracts in progress | 3 | €2,326 | €2,290 | -€36 | -1.5% |
| Stocks | 30/36 | €2,326 | €2,290 | -€36 | -1.5% |
| Amounts receivable within one year | 40/41 | €4,699 | €11,508 | +€6,808 | +144.9% |
| Trade receivables | 40 | €4,678 | €11,475 | +€6,797 | +145.3% |
| Other amounts receivable | 41 | €21 | €33 | +€12 | +55.5% |
| Cash at bank and in hand | 54/58 | €18,481 | €6,079 | -€12,402 | -67.1% |
| Deferred charges and accrued income | 490/1 | €5,046 | €3,643 | -€1,403 | -27.8% |
| Total equity and liabilities | 10/49 | €33,272 | €26,032 | -€7,241 | -21.8% |
| Equity | 10/15 | €6,199 | €3,824 | -€2,375 | -38.3% |
| Contributions | 10/11 | €43,381 | €43,381 | = | 0.0% |
| Reserves | 13 | €10,179 | €10,179 | = | 0.0% |
| Distributable reserves | 133 | €10,179 | €10,179 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,361 | -€49,736 | -€2,375 | -5.0% |
| Amounts payable | 17/49 | €27,073 | €22,208 | -€4,865 | -18.0% |
| Amounts payable within one year | 42/48 | €26,959 | €22,134 | -€4,824 | -17.9% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €11,561 | €7,879 | -€3,682 | -31.9% |
| Suppliers | 440/4 | €11,561 | €7,879 | -€3,682 | -31.9% |
| Advances received on contracts in progress | 46 | €373 | €373 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €13,833 | €12,176 | -€1,657 | -12.0% |
| Taxes | 450/3 | €1,992 | €2,093 | +€101 | +5.1% |
| Remuneration and social security | 454/9 | €11,841 | €10,083 | -€1,757 | -14.8% |
| Other amounts payable | 47/48 | €1,192 | €1,707 | +€515 | +43.2% |
| Accrued charges and deferred income | 492/3 | €114 | €74 | -€41 | -35.7% |
| Remuneration, social security and pensions | 62 | €47,304 | €35,351 | -€11,953 | -25.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,758 | €2,623 | -€1,135 | -30.2% |
| Other operating charges | 640/8 | €694 | €716 | +€22 | +3.1% |
| Non-recurring operating charges | 66A | - | €1,463 | +€1,463 | |
| Gross operating margin | 9900 | €3,857 | €37,987 | +€34,131 | +885.0% |
| Operating profit (loss) | 9901 | -€47,900 | -€2,165 | +€45,735 | +95.5% |
| Financial income | 75/76B | €153 | €130 | -€22 | -14.5% |
| Recurring financial income | 75 | €153 | €130 | -€22 | -14.5% |
| Financial charges | 65/66B | €817 | €341 | -€477 | -58.3% |
| Recurring financial charges | 65 | €817 | €341 | -€477 | -58.3% |
| Profit (loss) for the period before taxes | 9903 | -€48,564 | -€2,375 | +€46,189 | +95.1% |
| Profit (loss) for the period | 9904 | -€48,564 | -€2,375 | +€46,189 | +95.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€48,564 | -€2,375 | +€46,189 | +95.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.