LC-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.
LC-DECOR
Largest movements
- Cash -€38,629
no longer reported in 2025 (was €38,629)
mainly Trade debts (-€38,631) and Investment in fixed assets (net) (-€38,556)
- Stocks and contracts -€26,537
down €26,537 (-44.2%), from €60,000 to €33,463
- Tangible fixed assets +€24,731
up €24,731 (+81.3%), from €30,423 to €55,155
of which Furniture and vehicles: +€18,241
- Receivables within one year +€20,815
up €20,815 (+20.0%), from €103,904 to €124,719
of which Trade receivables: +€26,895
- Trade debts -€38,631
down €38,631 (-38.7%), from €99,802 to €61,170
- Accrued charges and deferred income +€17,888
new in 2025: €17,888
- Other debts -€9,452
down €9,452 (-46.7%), from €20,258 to €10,806
- Debts after one year +€6,880
up €6,880 (+14.9%), from €46,144 to €53,023
- Current portion of long-term debt +€4,151
up €4,151 (+58.3%), from €7,124 to €11,275
- Staff costs +€22,729
up €22,729 (+12.7%), from €179,340 to €202,069
- Other operating charges -€11,184
down €11,184 (-78.0%), from €14,331 to €3,147
- Depreciation -€5,657
down €5,657 (-29.0%), from €19,481 to €13,824
- Financial charges +€4,571
up €4,571 (+117%), from €3,906 to €8,476
- Gross operating margin +€3,301
up €3,301 (+1.4%), from €230,702 to €234,003
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 | €233,095 | €213,482 | -€19,614 | -8.4% |
| Fixed assets | 21/28 | €30,423 | €55,155 | +€24,731 | +81.3% |
| Tangible fixed assets | 22/27 | €30,423 | €55,155 | +€24,731 | +81.3% |
| Land and buildings | 22 | €6,490 | €5,902 | -€588 | -9.1% |
| Plant, machinery and equipment | 23 | €16,604 | €23,683 | +€7,079 | +42.6% |
| Furniture and vehicles | 24 | €7,330 | €25,571 | +€18,241 | +249% |
| Current assets | 29/58 | €202,672 | €158,327 | -€44,345 | -21.9% |
| Stocks and contracts in progress | 3 | €60,000 | €33,463 | -€26,537 | -44.2% |
| Contracts in progress | 37 | €60,000 | €33,463 | -€26,537 | -44.2% |
| Amounts receivable within one year | 40/41 | €103,904 | €124,719 | +€20,815 | +20.0% |
| Trade receivables | 40 | €62,641 | €89,536 | +€26,895 | +42.9% |
| Other amounts receivable | 41 | €41,263 | €35,183 | -€6,080 | -14.7% |
| Cash at bank and in hand | 54/58 | €38,629 | - | -€38,629 | |
| Deferred charges and accrued income | 490/1 | €139 | €145 | +€6 | +4.2% |
| Total equity and liabilities | 10/49 | €233,095 | €213,482 | -€19,614 | -8.4% |
| Equity | 10/15 | €45,770 | €48,692 | +€2,923 | +6.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Other | 1109/19 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,770 | €46,692 | +€2,923 | +6.7% |
| Amounts payable | 17/49 | €187,326 | €164,789 | -€22,536 | -12.0% |
| Amounts payable after more than one year | 17 | €46,144 | €53,023 | +€6,880 | +14.9% |
| Financial debts | 170/4 | €46,144 | €53,023 | +€6,880 | +14.9% |
| Amounts payable within one year | 42/48 | €141,182 | €93,878 | -€47,304 | -33.5% |
| Current portion of amounts payable after more than one year | 42 | €7,124 | €11,275 | +€4,151 | +58.3% |
| Trade debts | 44 | €99,802 | €61,170 | -€38,631 | -38.7% |
| Suppliers | 440/4 | €99,802 | €61,170 | -€38,631 | -38.7% |
| Advances received on contracts in progress | 46 | €4,181 | €2,538 | -€1,643 | -39.3% |
| Taxes, remuneration and social security | 45 | €9,817 | €8,089 | -€1,727 | -17.6% |
| Taxes | 450/3 | €3,999 | €8,089 | +€4,090 | +102% |
| Remuneration and social security | 454/9 | €5,818 | - | -€5,818 | |
| Other amounts payable | 47/48 | €20,258 | €10,806 | -€9,452 | -46.7% |
| Accrued charges and deferred income | 492/3 | - | €17,888 | +€17,888 | |
| Remuneration, social security and pensions | 62 | €179,340 | €202,069 | +€22,729 | +12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,481 | €13,824 | -€5,657 | -29.0% |
| Other operating charges | 640/8 | €14,331 | €3,147 | -€11,184 | -78.0% |
| Gross operating margin | 9900 | €230,702 | €234,003 | +€3,301 | +1.4% |
| Operating profit (loss) | 9901 | €17,550 | €14,963 | -€2,587 | -14.7% |
| Financial income | 75/76B | €126 | €526 | +€400 | +317% |
| Recurring financial income | 75 | €126 | €526 | +€400 | +317% |
| Financial charges | 65/66B | €3,906 | €8,476 | +€4,571 | +117% |
| Recurring financial charges | 65 | €3,906 | €8,476 | +€4,571 | +117% |
| Profit (loss) for the period before taxes | 9903 | €13,770 | €7,013 | -€6,758 | -49.1% |
| Income taxes | 67/77 | €3,999 | €4,090 | +€91 | +2.3% |
| Profit (loss) for the period | 9904 | €9,771 | €2,923 | -€6,849 | -70.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,771 | €2,923 | -€6,849 | -70.1% |
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 14 October 2026 via checked.be.