HDécoupe: 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
HDécoupe
NACE 43.331, Floor and wall tiling
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€10,894
2024 · -€9,019+€19,913
Equity
€10,804
2024 · €208+€10,596
Cash
€6,600
2024 · €3,354+€3,246
Balance sheet total
€511,126
2024 · €535,336-€24,210
Largest movements
Assets
- Tangible fixed assets -€40,121
down €40,121 (-7.9%), from €510,698 to €470,577
of which Land and buildings: -€20,395
- Receivables within one year +€15,080
up €15,080 (+87.9%), from €17,155 to €32,234
of which Trade receivables: +€15,664
Equity and liabilities
- Debts after one year -€34,275
down €34,275 (-7.1%), from €481,079 to €446,804
- Profit (loss) carried forward +€10,894
up €10,894 (+25.8%), from -€42,206 to -€31,311
- Trade debts -€7,345
down €7,345 (-60.6%), from €12,116 to €4,771
Income statement
- Gross operating margin +€10,555
up €10,555 (+14.6%), from €72,314 to €82,869
- Staff costs -€4,666
down €4,666 (-36.5%), from €12,788 to €8,122
- Depreciation -€3,701
down €3,701 (-8.4%), from €44,122 to €40,421
- Financial charges -€1,267
down €1,267 (-6.9%), from €18,265 to €16,997
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.
Result 2024
-€9,019
Gross operating margin
+€10,555
Staff costs
+€4,666
Depreciation
+€3,701
Write-downs
+€526
Other operating charges
-€613
Financial income
-€185
Financial charges
+€1,267
Deferred taxes and other
-€4
Result 2025
€10,894
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.
From operations
+€40,695
Investment
-€300
Financing
-€37,148
Cash 2024
€3,354
From operations (derived)
+€40,695
Net result for the year
+€10,894
Depreciation
+€40,421
Receivables within one year
-€15,080
Deferred charges and accrued income
+€2,415
Trade debts
-€7,345
Tax, wage and social debts
+€4,251
Other debts
+€5,069
Accrued charges and deferred income
+€70
Investment (derived)
-€300
Investment in fixed assets (net)
-€300
Financing
-€37,148
Debts after one year
-€34,275
Current portion of long-term debt
-€214
Short-term financial debts
-€2,361
Contributions, distributions and other
-€299
Cash 2025
€6,600
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €535,336 | €511,126 | -€24,210 | -4.5% |
| Fixed assets | 21/28 | €510,903 | €470,782 | -€40,121 | -7.9% |
| Tangible fixed assets | 22/27 | €510,698 | €470,577 | -€40,121 | -7.9% |
| Land and buildings | 22 | €424,526 | €404,131 | -€20,395 | -4.8% |
| Plant, machinery and equipment | 23 | €11,339 | €7,602 | -€3,737 | -33.0% |
| Furniture and vehicles | 24 | €4,495 | €445 | -€4,051 | -90.1% |
| Leasing and similar rights | 25 | €70,309 | €58,399 | -€11,910 | -16.9% |
| Other tangible fixed assets | 26 | €29 | - | -€29 | |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €24,433 | €40,345 | +€15,911 | +65.1% |
| Stocks and contracts in progress | 3 | €1,000 | €1,000 | = | 0.0% |
| Stocks | 30/36 | €1,000 | €1,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €17,155 | €32,234 | +€15,080 | +87.9% |
| Trade receivables | 40 | €16,570 | €32,234 | +€15,664 | +94.5% |
| Other amounts receivable | 41 | €584 | - | -€584 | |
| Cash at bank and in hand | 54/58 | €3,354 | €6,600 | +€3,246 | +96.8% |
| Deferred charges and accrued income | 490/1 | €2,925 | €510 | -€2,415 | -82.6% |
| Total equity and liabilities | 10/49 | €535,336 | €511,126 | -€24,210 | -4.5% |
| Equity | 10/15 | €208 | €10,804 | +€10,596 | +5091.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €23,369 | €23,369 | = | 0.0% |
| Distributable reserves | 133 | €23,369 | €23,369 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,206 | -€31,311 | +€10,894 | +25.8% |
| Investment grants | 15 | €495 | €196 | -€299 | -60.4% |
| Amounts payable | 17/49 | €535,128 | €500,322 | -€34,806 | -6.5% |
| Amounts payable after more than one year | 17 | €481,079 | €446,804 | -€34,275 | -7.1% |
| Financial debts | 170/4 | €481,079 | €446,804 | -€34,275 | -7.1% |
| Amounts payable within one year | 42/48 | €52,649 | €52,048 | -€600 | -1.1% |
| Current portion of amounts payable after more than one year | 42 | €32,249 | €32,035 | -€214 | -0.7% |
| Financial debts | 43 | €2,361 | - | -€2,361 | |
| Credit institutions | 430/8 | €2,361 | - | -€2,361 | |
| Trade debts | 44 | €12,116 | €4,771 | -€7,345 | -60.6% |
| Suppliers | 440/4 | €12,116 | €4,771 | -€7,345 | -60.6% |
| Taxes, remuneration and social security | 45 | €3,303 | €7,554 | +€4,251 | +128.7% |
| Taxes | 450/3 | €784 | €7,554 | +€6,770 | +863.4% |
| Remuneration and social security | 454/9 | €2,519 | - | -€2,519 | |
| Other amounts payable | 47/48 | €2,619 | €7,688 | +€5,069 | +193.5% |
| Accrued charges and deferred income | 492/3 | €1,400 | €1,470 | +€70 | +5.0% |
| Remuneration, social security and pensions | 62 | €12,788 | €8,122 | -€4,666 | -36.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,122 | €40,421 | -€3,701 | -8.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €526 | - | -€526 | |
| Other operating charges | 640/8 | €6,137 | €6,750 | +€613 | +10.0% |
| Gross operating margin | 9900 | €72,314 | €82,869 | +€10,555 | +14.6% |
| Operating profit (loss) | 9901 | €8,742 | €27,577 | +€18,835 | +215.5% |
| Financial income | 75/76B | €202 | €17 | -€185 | -91.8% |
| Recurring financial income | 75 | €202 | €17 | -€185 | -91.8% |
| Financial charges | 65/66B | €18,265 | €16,997 | -€1,267 | -6.9% |
| Recurring financial charges | 65 | €18,265 | €16,997 | -€1,267 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | -€9,322 | €10,596 | +€19,917 | |
| Transfer from deferred taxes | 780 | €303 | €299 | -€4 | -1.4% |
| Profit (loss) for the period | 9904 | -€9,019 | €10,894 | +€19,913 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,019 | €10,894 | +€19,913 |
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 9 October 2026 via checked.be.