IS DECORSOL: 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.
IS DECORSOL
Largest movements
- Receivables within one year +€36,823
up €36,823 (+349%), from €10,555 to €47,378
of which Trade receivables: +€34,722
- Tangible fixed assets -€17,957
down €17,957 (-33.5%), from €53,629 to €35,672
of which Leasing and similar rights: -€13,186
- Cash +€17,465
up €17,465 (+492%), from €3,551 to €21,017
mainly Net result for the year (+€49,476) and Depreciation (+€19,140)
- Reserves +€49,000
up €49,000 (+163%), from €30,000 to €79,000
- Debts after one year -€8,869
down €8,869 (-25.0%), from €35,443 to €26,573
- Other debts -€5,000
no longer reported in 2025 (was €5,000)
- Gross operating margin +€99,556
up €99,556 (+161%), from €61,787 to €161,343
- Staff costs +€61,194
up €61,194 (+568%), from €10,771 to €71,965
- Taxes +€9,946
up €9,946 (+87.2%), from €11,407 to €21,353
- Depreciation +€5,969
up €5,969 (+45.3%), from €13,170 to €19,140
- Other operating charges +€3,238
up €3,238 (+365%), from €887 to €4,125
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 | €184,015 | €219,969 | +€35,954 | +19.5% |
| Formation expenses | 20 | €1,075 | €698 | -€377 | -35.1% |
| Fixed assets | 21/28 | €53,834 | €35,877 | -€17,957 | -33.4% |
| Tangible fixed assets | 22/27 | €53,629 | €35,672 | -€17,957 | -33.5% |
| Furniture and vehicles | 24 | €8,290 | €3,519 | -€4,771 | -57.5% |
| Leasing and similar rights | 25 | €45,339 | €32,153 | -€13,186 | -29.1% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €129,106 | €183,394 | +€54,288 | +42.0% |
| Amounts receivable after more than one year | 29 | €115,000 | €115,000 | = | 0.0% |
| Other amounts receivable | 291 | €115,000 | €115,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €10,555 | €47,378 | +€36,823 | +349% |
| Trade receivables | 40 | €9,907 | €44,629 | +€34,722 | +350% |
| Other amounts receivable | 41 | €648 | €2,749 | +€2,101 | +324% |
| Cash at bank and in hand | 54/58 | €3,551 | €21,017 | +€17,465 | +492% |
| Total equity and liabilities | 10/49 | €184,015 | €219,969 | +€35,954 | +19.5% |
| Equity | 10/15 | €101,837 | €151,312 | +€49,476 | +48.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €30,000 | €79,000 | +€49,000 | +163% |
| Distributable reserves | 133 | €30,000 | €79,000 | +€49,000 | +163% |
| Profit (loss) carried forward | 14 | €69,837 | €70,312 | +€476 | +0.7% |
| Amounts payable | 17/49 | €82,178 | €68,656 | -€13,522 | -16.5% |
| Amounts payable after more than one year | 17 | €35,443 | €26,573 | -€8,869 | -25.0% |
| Financial debts | 170/4 | €35,443 | €26,573 | -€8,869 | -25.0% |
| Amounts payable within one year | 42/48 | €46,736 | €42,083 | -€4,652 | -10.0% |
| Current portion of amounts payable after more than one year | 42 | €8,319 | €8,869 | +€551 | +6.6% |
| Trade debts | 44 | €5,267 | €3,454 | -€1,812 | -34.4% |
| Suppliers | 440/4 | €5,267 | €3,454 | -€1,812 | -34.4% |
| Taxes, remuneration and social security | 45 | €28,151 | €29,760 | +€1,609 | +5.7% |
| Taxes | 450/3 | €28,115 | €29,760 | +€1,645 | +5.8% |
| Remuneration and social security | 454/9 | €35 | - | -€35 | |
| Other amounts payable | 47/48 | €5,000 | - | -€5,000 | |
| Remuneration, social security and pensions | 62 | €10,771 | €71,965 | +€61,194 | +568% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,170 | €19,140 | +€5,969 | +45.3% |
| Other operating charges | 640/8 | €887 | €4,125 | +€3,238 | +365% |
| Gross operating margin | 9900 | €61,787 | €161,343 | +€99,556 | +161% |
| Operating profit (loss) | 9901 | €36,959 | €66,114 | +€29,155 | +78.9% |
| Financial income | 75/76B | €7,554 | €7,649 | +€95 | +1.3% |
| Recurring financial income | 75 | €7,554 | €7,649 | +€95 | +1.3% |
| Financial charges | 65/66B | €1,831 | €2,935 | +€1,104 | +60.3% |
| Recurring financial charges | 65 | €1,831 | €2,935 | +€1,104 | +60.3% |
| Profit (loss) for the period before taxes | 9903 | €42,682 | €70,829 | +€28,146 | +65.9% |
| Income taxes | 67/77 | €11,407 | €21,353 | +€9,946 | +87.2% |
| Profit (loss) for the period | 9904 | €31,275 | €49,476 | +€18,201 | +58.2% |
| Profit (loss) for the period to be appropriated | 9905 | €31,275 | €49,476 | +€18,201 | +58.2% |
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 20 October 2026 via checked.be.