MB DECOR: what changed
Two fiscal 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.
MB DECOR
Largest movements
- Tangible fixed assets +€61,831
up €61,831 (+337.0%), from €18,347 to €80,178
of which Furniture and vehicles: +€62,596
- Cash -€14,858
down €14,858 (-53.7%), from €27,690 to €12,832
mainly Investment in fixed assets (net) (-€81,526) and Trade debts (-€4,908)
- Receivables within one year +€4,347
up €4,347 (+48.8%), from €8,904 to €13,251
of which Trade receivables: +€7,012
- Debts after one year +€41,947
up €41,947 (+4629.2%), from €906 to €42,853
- Current portion of long-term debt +€8,893
up €8,893 (+252.5%), from €3,522 to €12,415
- Other debts +€6,693
up €6,693 (+19.2%), from €34,849 to €41,542
- Trade debts -€4,908
down €4,908 (-46.8%), from €10,481 to €5,573
- Tax, wage and social debts -€2,140
down €2,140 (-63.1%), from €3,393 to €1,254
of which Remuneration and social security: -€2,683
- Depreciation +€12,862
up €12,862 (+188.2%), from €6,833 to €19,695
- Gross operating margin +€10,779
up €10,779 (+73.7%), from €14,626 to €25,405
- Staff costs +€1,110
up €1,110 (+62.4%), from €1,780 to €2,890
- Financial charges +€771
up €771 (+148.0%), from €521 to €1,292
- Other operating charges +€613
up €613 (+315.4%), from €194 to €808
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.
Cash bridge derived
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 | €73,997 | €125,062 | +€51,065 | +69.0% |
| Fixed assets | 21/28 | €18,347 | €80,178 | +€61,831 | +337.0% |
| Tangible fixed assets | 22/27 | €18,347 | €80,178 | +€61,831 | +337.0% |
| Land and buildings | 22 | €1,190 | €426 | -€764 | -64.2% |
| Furniture and vehicles | 24 | €17,157 | €79,752 | +€62,596 | +364.8% |
| Current assets | 29/58 | €55,650 | €44,883 | -€10,767 | -19.3% |
| Stocks and contracts in progress | 3 | €18,250 | €18,800 | +€550 | +3.0% |
| Stocks | 30/36 | €8,250 | €6,800 | -€1,450 | -17.6% |
| Contracts in progress | 37 | €10,000 | €12,000 | +€2,000 | +20.0% |
| Amounts receivable within one year | 40/41 | €8,904 | €13,251 | +€4,347 | +48.8% |
| Trade receivables | 40 | €1,081 | €8,093 | +€7,012 | +648.5% |
| Other amounts receivable | 41 | €7,823 | €5,158 | -€2,665 | -34.1% |
| Cash at bank and in hand | 54/58 | €27,690 | €12,832 | -€14,858 | -53.7% |
| Deferred charges and accrued income | 490/1 | €805 | - | -€805 | |
| Total equity and liabilities | 10/49 | €73,997 | €125,062 | +€51,065 | +69.0% |
| Equity | 10/15 | €20,846 | €21,425 | +€579 | +2.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €5,860 | €5,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,786 | €9,365 | +€579 | +6.6% |
| Amounts payable | 17/49 | €53,151 | €103,637 | +€50,486 | +95.0% |
| Amounts payable after more than one year | 17 | €906 | €42,853 | +€41,947 | +4629.2% |
| Financial debts | 170/4 | €906 | €42,853 | +€41,947 | +4629.2% |
| Amounts payable within one year | 42/48 | €52,245 | €60,784 | +€8,539 | +16.3% |
| Current portion of amounts payable after more than one year | 42 | €3,522 | €12,415 | +€8,893 | +252.5% |
| Trade debts | 44 | €10,481 | €5,573 | -€4,908 | -46.8% |
| Suppliers | 440/4 | €10,481 | €5,573 | -€4,908 | -46.8% |
| Taxes, remuneration and social security | 45 | €3,393 | €1,254 | -€2,140 | -63.1% |
| Taxes | 450/3 | €710 | €1,254 | +€543 | +76.5% |
| Remuneration and social security | 454/9 | €2,683 | - | -€2,683 | |
| Other amounts payable | 47/48 | €34,849 | €41,542 | +€6,693 | +19.2% |
| Non-recurring operating income | 76A | - | €1,742 | +€1,742 | |
| Remuneration, social security and pensions | 62 | €1,780 | €2,890 | +€1,110 | +62.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,833 | €19,695 | +€12,862 | +188.2% |
| Other operating charges | 640/8 | €194 | €808 | +€613 | +315.4% |
| Gross operating margin | 9900 | €14,626 | €25,405 | +€10,779 | +73.7% |
| Operating profit (loss) | 9901 | €5,818 | €2,012 | -€3,807 | -65.4% |
| Financial income | 75/76B | €0 | €0 | +€0 | +128.6% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +128.6% |
| Financial charges | 65/66B | €521 | €1,292 | +€771 | +148.0% |
| Recurring financial charges | 65 | €521 | €1,292 | +€771 | +148.0% |
| Profit (loss) for the period before taxes | 9903 | €5,297 | €720 | -€4,578 | -86.4% |
| Income taxes | 67/77 | €135 | €141 | +€6 | +4.1% |
| Profit (loss) for the period | 9904 | €5,162 | €579 | -€4,583 | -88.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,162 | €579 | -€4,583 | -88.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.