K. 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.
K. DECOR
Largest movements
- Receivables within one year -€138,172
down €138,172 (-49.7%), from €277,913 to €139,741
of which Trade receivables: -€159,600
- Cash +€24,483
up €24,483 (+126%), from €19,455 to €43,938
mainly Receivables within one year (+€138,172) and Depreciation (+€11,380)
- Stocks and contracts +€5,000
up €5,000 (+6.0%), from €83,000 to €88,000
- Other debts -€67,989
down €67,989 (-100%), from €67,989 to €0
- Tax, wage and social debts -€16,270
down €16,270 (-65.3%), from €24,916 to €8,646
- Debts after one year -€13,961
down €13,961 (-66.5%), from €20,980 to €7,019
- Trade debts -€11,256
down €11,256 (-89.2%), from €12,615 to €1,358
- Staff costs -€68,972
down €68,972 (-94.2%), from €73,224 to €4,253
- Gross operating margin -€49,996
down €49,996 (-68.7%), from €72,734 to €22,738
- Financial charges -€2,132
down €2,132 (-30.1%), from €7,088 to €4,956
- Depreciation +€1,465
up €1,465 (+14.8%), from €9,915 to €11,380
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 | €419,204 | €311,156 | -€108,048 | -25.8% |
| Fixed assets | 21/28 | €36,338 | €38,168 | +€1,830 | +5.0% |
| Tangible fixed assets | 22/27 | €26,338 | €28,168 | +€1,830 | +6.9% |
| Land and buildings | 22 | - | €4,660 | +€4,660 | |
| Plant, machinery and equipment | 23 | €5,150 | €4,887 | -€264 | -5.1% |
| Furniture and vehicles | 24 | €5,230 | €4,440 | -€790 | -15.1% |
| Leasing and similar rights | 25 | €15,958 | €9,897 | -€6,061 | -38.0% |
| Other tangible fixed assets | 26 | - | €3,946 | +€3,946 | |
| Assets under construction and advance payments | 27 | - | €338 | +€338 | |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €382,867 | €272,988 | -€109,878 | -28.7% |
| Stocks and contracts in progress | 3 | €83,000 | €88,000 | +€5,000 | +6.0% |
| Contracts in progress | 37 | €83,000 | €88,000 | +€5,000 | +6.0% |
| Amounts receivable within one year | 40/41 | €277,913 | €139,741 | -€138,172 | -49.7% |
| Trade receivables | 40 | €272,679 | €113,078 | -€159,600 | -58.5% |
| Other amounts receivable | 41 | €5,235 | €26,663 | +€21,428 | +409% |
| Cash at bank and in hand | 54/58 | €19,455 | €43,938 | +€24,483 | +126% |
| Deferred charges and accrued income | 490/1 | €2,499 | €1,309 | -€1,189 | -47.6% |
| Total equity and liabilities | 10/49 | €419,204 | €311,156 | -€108,048 | -25.8% |
| Equity | 10/15 | €179,167 | €180,172 | +€1,006 | +0.6% |
| Contributions | 10/11 | €38,564 | €38,564 | = | 0.0% |
| Reserves | 13 | €176,165 | €176,165 | = | 0.0% |
| Distributable reserves | 133 | €176,165 | €176,165 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,562 | -€34,557 | +€1,006 | +2.8% |
| Amounts payable | 17/49 | €240,038 | €130,984 | -€109,054 | -45.4% |
| Amounts payable after more than one year | 17 | €20,980 | €7,019 | -€13,961 | -66.5% |
| Financial debts | 170/4 | €20,980 | €7,019 | -€13,961 | -66.5% |
| Amounts payable within one year | 42/48 | €219,058 | €123,965 | -€95,094 | -43.4% |
| Current portion of amounts payable after more than one year | 42 | €13,538 | €13,961 | +€422 | +3.1% |
| Trade debts | 44 | €12,615 | €1,358 | -€11,256 | -89.2% |
| Suppliers | 440/4 | €12,615 | €1,358 | -€11,256 | -89.2% |
| Advances received on contracts in progress | 46 | €100,000 | €100,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €24,916 | €8,646 | -€16,270 | -65.3% |
| Taxes | 450/3 | €24,916 | €8,646 | -€16,270 | -65.3% |
| Other amounts payable | 47/48 | €67,989 | €0 | -€67,989 | -100% |
| Non-recurring operating income | 76A | - | €23,000 | +€23,000 | |
| Remuneration, social security and pensions | 62 | €73,224 | €4,253 | -€68,972 | -94.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,915 | €11,380 | +€1,465 | +14.8% |
| Other operating charges | 640/8 | €802 | €1,005 | +€203 | +25.3% |
| Gross operating margin | 9900 | €72,734 | €22,738 | -€49,996 | -68.7% |
| Operating profit (loss) | 9901 | -€11,207 | €6,100 | +€17,308 | |
| Financial income | 75/76B | €257 | €92 | -€165 | -64.2% |
| Recurring financial income | 75 | €257 | €92 | -€165 | -64.2% |
| Financial charges | 65/66B | €7,088 | €4,956 | -€2,132 | -30.1% |
| Recurring financial charges | 65 | €7,088 | €4,956 | -€2,132 | -30.1% |
| Profit (loss) for the period before taxes | 9903 | -€18,039 | €1,236 | +€19,275 | |
| Income taxes | 67/77 | €98 | €230 | +€132 | +135% |
| Profit (loss) for the period | 9904 | -€18,137 | €1,006 | +€19,142 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,137 | €1,006 | +€19,142 |
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 17 October 2026 via checked.be.