MEUBELDECOR: 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.
MEUBELDECOR
Largest movements
- Deferred charges and accrued income -€75,664
no longer reported in 2025 (was €75,664)
- Tangible fixed assets +€33,276
new in 2025: €33,276
- Cash +€21,776
up €21,776 (+29.6%), from €73,503 to €95,279
mainly Deferred charges and accrued income (+€75,664) and Depreciation (+€8,319)
- Receivables within one year +€2,366
up €2,366 (+147%), from €1,606 to €3,973
- Reserves -€18,057
down €18,057 (-17.7%), from €102,263 to €84,206
of which Distributable reserves: -€18,057
- Depreciation +€8,319
new in 2025: €8,319
- Gross operating margin -€4,595
down €4,595 (-149%), from -€3,090 to -€7,686
- Other operating charges +€1,490
up €1,490 (+941%), from €158 to €1,648
- Taxes -€966
no longer reported in 2025 (was €966)
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 | €152,273 | €134,027 | -€18,246 | -12.0% |
| Fixed assets | 21/28 | - | €33,276 | +€33,276 | |
| Tangible fixed assets | 22/27 | - | €33,276 | +€33,276 | |
| Furniture and vehicles | 24 | - | €33,276 | +€33,276 | |
| Current assets | 29/58 | €152,273 | €100,751 | -€51,522 | -33.8% |
| Amounts receivable after more than one year | 29 | €1,500 | €1,500 | = | 0.0% |
| Trade receivables | 290 | €1,500 | €1,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,606 | €3,973 | +€2,366 | +147% |
| Other amounts receivable | 41 | €1,606 | €3,973 | +€2,366 | +147% |
| Cash at bank and in hand | 54/58 | €73,503 | €95,279 | +€21,776 | +29.6% |
| Deferred charges and accrued income | 490/1 | €75,664 | - | -€75,664 | |
| Total equity and liabilities | 10/49 | €152,273 | €134,027 | -€18,246 | -12.0% |
| Equity | 10/15 | €151,842 | €133,785 | -€18,057 | -11.9% |
| Contributions | 10/11 | €49,579 | €49,579 | = | 0.0% |
| Capital | 10 | €49,579 | €49,579 | = | 0.0% |
| Issued capital | 100 | €49,579 | €49,579 | = | 0.0% |
| Reserves | 13 | €102,263 | €84,206 | -€18,057 | -17.7% |
| Non-distributable reserves | 130/1 | €4,958 | €4,958 | = | 0.0% |
| Legal reserve | 130 | €4,958 | €4,958 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,250 | €1,250 | = | 0.0% |
| Distributable reserves | 133 | €96,055 | €77,999 | -€18,057 | -18.8% |
| Amounts payable | 17/49 | €431 | €242 | -€189 | -43.9% |
| Amounts payable within one year | 42/48 | €431 | €242 | -€189 | -43.9% |
| Trade debts | 44 | €431 | €242 | -€189 | -43.9% |
| Suppliers | 440/4 | €431 | €242 | -€189 | -43.9% |
| Remuneration, social security and pensions | 62 | €387 | €400 | +€12 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €8,319 | +€8,319 | |
| Other operating charges | 640/8 | €158 | €1,648 | +€1,490 | +941% |
| Gross operating margin | 9900 | -€3,090 | -€7,686 | -€4,595 | -149% |
| Operating profit (loss) | 9901 | -€3,636 | -€18,053 | -€14,416 | -396% |
| Financial income | 75/76B | €33 | €20 | -€13 | -39.1% |
| Recurring financial income | 75 | €33 | €20 | -€13 | -39.1% |
| Financial charges | 65/66B | €24 | €24 | = | 0.0% |
| Recurring financial charges | 65 | €24 | €24 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,627 | -€18,057 | -€14,429 | -398% |
| Income taxes | 67/77 | €966 | - | -€966 | |
| Profit (loss) for the period | 9904 | -€4,594 | -€18,057 | -€13,463 | -293% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,594 | -€18,057 | -€13,463 | -293% |
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 16 October 2026 via checked.be.