JP DECORS: 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.
JP DECORS
Largest movements
- Cash -€14,455
down €14,455 (-93.2%), from €15,503 to €1,048
mainly Net result for the year (-€45,668) and Accrued charges and deferred income (-€1,940)
- Receivables within one year -€13,910
down €13,910 (-45.1%), from €30,840 to €16,930
of which Trade receivables: -€18,007
- Stocks and contracts +€1,676
up €1,676 (+12.1%), from €13,864 to €15,540
of which Contracts in progress: +€3,000
- Tangible fixed assets -€878
down €878 (-30.8%), from €2,853 to €1,976
of which Plant, machinery and equipment: -€489
- Deferred charges and accrued income +€718
up €718 (+64.0%), from €1,121 to €1,839
- Profit (loss) carried forward -€45,668
down €45,668, from €15,729 to -€29,939
- Other debts +€11,832
up €11,832 (+109.9%), from €10,767 to €22,600
- Current portion of long-term debt +€4,460
new in 2024: €4,460
- Debts after one year +€2,601
new in 2024: €2,601
- Accrued charges and deferred income -€1,940
no longer reported in 2024 (was €1,940)
- Gross operating margin -€51,035
down €51,035, from €14,367 to -€36,668
- Other operating charges -€2,978
down €2,978 (-61.4%), from €4,852 to €1,874
- Staff costs +€1,750
up €1,750 (+43.3%), from €4,046 to €5,796
- Taxes -€1,164
down €1,164 (-89.3%), from €1,304 to €140
- Financial charges -€646
down €646 (-43.4%), from €1,489 to €843
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €64,232 | €37,383 | -€26,850 | -41.8% |
| Fixed assets | 21/28 | €2,903 | €2,026 | -€878 | -30.2% |
| Tangible fixed assets | 22/27 | €2,853 | €1,976 | -€878 | -30.8% |
| Plant, machinery and equipment | 23 | €1,488 | €999 | -€489 | -32.9% |
| Furniture and vehicles | 24 | €1,365 | €977 | -€388 | -28.4% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €61,329 | €35,357 | -€25,972 | -42.3% |
| Stocks and contracts in progress | 3 | €13,864 | €15,540 | +€1,676 | +12.1% |
| Stocks | 30/36 | €7,864 | €6,540 | -€1,324 | -16.8% |
| Contracts in progress | 37 | €6,000 | €9,000 | +€3,000 | +50.0% |
| Amounts receivable within one year | 40/41 | €30,840 | €16,930 | -€13,910 | -45.1% |
| Trade receivables | 40 | €28,553 | €10,547 | -€18,007 | -63.1% |
| Other amounts receivable | 41 | €2,287 | €6,383 | +€4,097 | +179.1% |
| Cash at bank and in hand | 54/58 | €15,503 | €1,048 | -€14,455 | -93.2% |
| Deferred charges and accrued income | 490/1 | €1,121 | €1,839 | +€718 | +64.0% |
| Total equity and liabilities | 10/49 | €64,232 | €37,383 | -€26,850 | -41.8% |
| Equity | 10/15 | €23,789 | -€21,879 | -€45,668 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,729 | -€29,939 | -€45,668 | |
| Amounts payable | 17/49 | €40,443 | €59,262 | +€18,819 | +46.5% |
| Amounts payable after more than one year | 17 | - | €2,601 | +€2,601 | |
| Financial debts | 170/4 | - | €2,601 | +€2,601 | |
| Amounts payable within one year | 42/48 | €38,503 | €56,660 | +€18,157 | +47.2% |
| Current portion of amounts payable after more than one year | 42 | - | €4,460 | +€4,460 | |
| Financial debts | 43 | - | €1,791 | +€1,791 | |
| Credit institutions | 430/8 | - | €1,791 | +€1,791 | |
| Trade debts | 44 | €15,133 | €15,498 | +€364 | +2.4% |
| Suppliers | 440/4 | €15,133 | €15,498 | +€364 | +2.4% |
| Taxes, remuneration and social security | 45 | €12,603 | €12,313 | -€290 | -2.3% |
| Taxes | 450/3 | €12,064 | €12,313 | +€248 | +2.1% |
| Remuneration and social security | 454/9 | €538 | - | -€538 | |
| Other amounts payable | 47/48 | €10,767 | €22,600 | +€11,832 | +109.9% |
| Accrued charges and deferred income | 492/3 | €1,940 | - | -€1,940 | |
| Non-recurring operating income | 76A | €4,132 | €826 | -€3,306 | -80.0% |
| Remuneration, social security and pensions | 62 | €4,046 | €5,796 | +€1,750 | +43.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,173 | €878 | -€296 | -25.2% |
| Other operating charges | 640/8 | €4,852 | €1,874 | -€2,978 | -61.4% |
| Gross operating margin | 9900 | €14,367 | -€36,668 | -€51,035 | |
| Operating profit (loss) | 9901 | €4,296 | -€45,215 | -€49,511 | |
| Financial income | 75/76B | €490 | €530 | +€40 | +8.2% |
| Recurring financial income | 75 | €490 | €530 | +€40 | +8.2% |
| Financial charges | 65/66B | €1,489 | €843 | -€646 | -43.4% |
| Recurring financial charges | 65 | €1,489 | €843 | -€646 | -43.4% |
| Profit (loss) for the period before taxes | 9903 | €3,296 | -€45,529 | -€48,825 | |
| Income taxes | 67/77 | €1,304 | €140 | -€1,164 | -89.3% |
| Profit (loss) for the period | 9904 | €1,993 | -€45,668 | -€47,661 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,993 | -€45,668 | -€47,661 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.