IXELLES 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.
IXELLES DECOR
Largest movements
- Tangible fixed assets -€13,463
down €13,463 (-7.2%), from €187,900 to €174,436
- Cash +€6,007
up €6,007 (+5.8%), from €103,121 to €109,128
mainly Depreciation (+€26,162) and Net result for the year (+€5,957)
- Reserves +€5,957
up €5,957 (+20.3%), from €29,350 to €35,307
of which Distributable reserves: +€5,957
- Debts after one year -€5,291
down €5,291 (-27.2%), from €19,435 to €14,144
- Other debts -€3,341
down €3,341 (-3.1%), from €107,537 to €104,196
- Gross operating margin -€6,151
down €6,151 (-12.3%), from €50,000 to €43,849
- Taxes -€2,109
down €2,109 (-33.0%), from €6,393 to €4,283
- Depreciation +€1,910
up €1,910 (+7.9%), from €24,252 to €26,162
- Other operating charges -€579
down €579 (-8.3%), from €6,987 to €6,408
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 | €293,584 | €287,896 | -€5,688 | -1.9% |
| Fixed assets | 21/28 | €188,430 | €174,967 | -€13,463 | -7.1% |
| Tangible fixed assets | 22/27 | €187,900 | €174,436 | -€13,463 | -7.2% |
| Land and buildings | 22 | €76,319 | €69,626 | -€6,693 | -8.8% |
| Furniture and vehicles | 24 | €27,072 | €20,570 | -€6,501 | -24.0% |
| Other tangible fixed assets | 26 | €84,509 | €84,241 | -€269 | -0.3% |
| Financial fixed assets | 28 | €531 | €531 | = | 0.0% |
| Current assets | 29/58 | €105,154 | €112,929 | +€7,776 | +7.4% |
| Amounts receivable within one year | 40/41 | €0 | €1,717 | +€1,717 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | - | €1,717 | +€1,717 | |
| Cash at bank and in hand | 54/58 | €103,121 | €109,128 | +€6,007 | +5.8% |
| Deferred charges and accrued income | 490/1 | €2,033 | €2,085 | +€51 | +2.5% |
| Total equity and liabilities | 10/49 | €293,584 | €287,896 | -€5,688 | -1.9% |
| Equity | 10/15 | €156,916 | €162,872 | +€5,957 | +3.8% |
| Contributions | 10/11 | €29,747 | €29,747 | = | 0.0% |
| Reserves | 13 | €29,350 | €35,307 | +€5,957 | +20.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €29,350 | €35,307 | +€5,957 | +20.3% |
| Profit (loss) carried forward | 14 | €97,818 | €97,818 | = | 0.0% |
| Amounts payable | 17/49 | €136,668 | €125,024 | -€11,644 | -8.5% |
| Amounts payable after more than one year | 17 | €19,435 | €14,144 | -€5,291 | -27.2% |
| Financial debts | 170/4 | €19,435 | €14,144 | -€5,291 | -27.2% |
| Amounts payable within one year | 42/48 | €115,308 | €109,880 | -€5,429 | -4.7% |
| Current portion of amounts payable after more than one year | 42 | €5,092 | €5,291 | +€198 | +3.9% |
| Taxes, remuneration and social security | 45 | €2,679 | €393 | -€2,286 | -85.3% |
| Taxes | 450/3 | €2,679 | €393 | -€2,286 | -85.3% |
| Other amounts payable | 47/48 | €107,537 | €104,196 | -€3,341 | -3.1% |
| Accrued charges and deferred income | 492/3 | €1,925 | €1,000 | -€925 | -48.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,252 | €26,162 | +€1,910 | +7.9% |
| Other operating charges | 640/8 | €6,987 | €6,408 | -€579 | -8.3% |
| Gross operating margin | 9900 | €50,000 | €43,849 | -€6,151 | -12.3% |
| Operating profit (loss) | 9901 | €18,761 | €11,279 | -€7,483 | -39.9% |
| Financial charges | 65/66B | €734 | €1,039 | +€305 | +41.5% |
| Recurring financial charges | 65 | €734 | €1,039 | +€305 | +41.5% |
| Profit (loss) for the period before taxes | 9903 | €18,027 | €10,240 | -€7,787 | -43.2% |
| Income taxes | 67/77 | €6,393 | €4,283 | -€2,109 | -33.0% |
| Profit (loss) for the period | 9904 | €11,635 | €5,957 | -€5,678 | -48.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,635 | €5,957 | -€5,678 | -48.8% |
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.