LM 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.
LM DECOR
Largest movements
- Cash +€11,030
up €11,030 (+49.2%), from €22,439 to €33,469
mainly Depreciation (+€8,252) and Receivables within one year (+€4,854)
- Tangible fixed assets -€7,423
down €7,423 (-27.0%), from €27,463 to €20,040
of which Leasing and similar rights: -€7,110
- Receivables within one year -€4,854
down €4,854 (-43.6%), from €11,135 to €6,281
of which Trade receivables: -€5,231
- Deferred charges and accrued income +€1,855
up €1,855 (+87.5%), from €2,121 to €3,976
- Debts after one year -€4,025
down €4,025 (-26.8%), from €15,020 to €10,995
- Trade debts -€3,158
down €3,158 (-84.4%), from €3,744 to €585
- Other debts +€2,678
up €2,678 (+324%), from €826 to €3,504
- Profit (loss) carried forward +€2,424
up €2,424 (+8.7%), from €27,929 to €30,353
- Tax, wage and social debts +€2,353
up €2,353 (+121%), from €1,950 to €4,303
of which Taxes: +€2,353
- Gross operating margin +€5,024
up €5,024 (+43.7%), from €11,486 to €16,510
- Taxes +€3,666
up €3,666, from -€656 to €3,010
- Financial charges -€1,396
down €1,396 (-44.7%), from €3,124 to €1,727
- Staff costs -€398
down €398 (-100%), from €398 to €0
- Depreciation -€248
down €248 (-2.9%), from €8,500 to €8,252
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 | €63,158 | €63,766 | +€608 | +1.0% |
| Fixed assets | 21/28 | €27,463 | €20,040 | -€7,423 | -27.0% |
| Tangible fixed assets | 22/27 | €27,463 | €20,040 | -€7,423 | -27.0% |
| Plant, machinery and equipment | 23 | - | €732 | +€732 | |
| Furniture and vehicles | 24 | €1,185 | €140 | -€1,045 | -88.2% |
| Leasing and similar rights | 25 | €26,278 | €19,168 | -€7,110 | -27.1% |
| Current assets | 29/58 | €35,695 | €43,727 | +€8,031 | +22.5% |
| Amounts receivable within one year | 40/41 | €11,135 | €6,281 | -€4,854 | -43.6% |
| Trade receivables | 40 | €7,844 | €2,613 | -€5,231 | -66.7% |
| Other amounts receivable | 41 | €3,291 | €3,668 | +€377 | +11.5% |
| Cash at bank and in hand | 54/58 | €22,439 | €33,469 | +€11,030 | +49.2% |
| Deferred charges and accrued income | 490/1 | €2,121 | €3,976 | +€1,855 | +87.5% |
| Total equity and liabilities | 10/49 | €63,158 | €63,766 | +€608 | +1.0% |
| Equity | 10/15 | €37,929 | €40,353 | +€2,424 | +6.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,929 | €30,353 | +€2,424 | +8.7% |
| Amounts payable | 17/49 | €25,229 | €23,413 | -€1,816 | -7.2% |
| Amounts payable after more than one year | 17 | €15,020 | €10,995 | -€4,025 | -26.8% |
| Financial debts | 170/4 | €15,020 | €10,995 | -€4,025 | -26.8% |
| Amounts payable within one year | 42/48 | €10,209 | €12,418 | +€2,209 | +21.6% |
| Current portion of amounts payable after more than one year | 42 | €3,689 | €4,025 | +€336 | +9.1% |
| Trade debts | 44 | €3,744 | €585 | -€3,158 | -84.4% |
| Suppliers | 440/4 | €3,744 | €585 | -€3,158 | -84.4% |
| Taxes, remuneration and social security | 45 | €1,950 | €4,303 | +€2,353 | +121% |
| Taxes | 450/3 | €0 | €2,353 | +€2,353 | |
| Remuneration and social security | 454/9 | €1,950 | €1,950 | = | 0.0% |
| Other amounts payable | 47/48 | €826 | €3,504 | +€2,678 | +324% |
| Remuneration, social security and pensions | 62 | €398 | €0 | -€398 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,500 | €8,252 | -€248 | -2.9% |
| Other operating charges | 640/8 | €896 | €1,098 | +€202 | +22.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €11,486 | €16,510 | +€5,024 | +43.7% |
| Operating profit (loss) | 9901 | €1,692 | €7,160 | +€5,468 | +323% |
| Financial income | 75/76B | €1 | €1 | -€0 | -30.0% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -30.0% |
| Financial charges | 65/66B | €3,124 | €1,727 | -€1,396 | -44.7% |
| Recurring financial charges | 65 | €3,124 | €1,727 | -€1,396 | -44.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,430 | €5,434 | +€6,864 | |
| Income taxes | 67/77 | -€656 | €3,010 | +€3,666 | |
| Profit (loss) for the period | 9904 | -€774 | €2,424 | +€3,198 | |
| Profit (loss) for the period to be appropriated | 9905 | -€774 | €2,424 | +€3,198 |
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 29 October 2026 via checked.be.