MTN DECORS: 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.
MTN DECORS
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Trade debts +€16,449
up €16,449 (+300%), from €5,487 to €21,936
- Profit (loss) carried forward -€10,762
down €10,762 (-11.1%), from €96,768 to €86,006
- Tax, wage and social debts -€6,794
down €6,794 (-77.8%), from €8,738 to €1,944
- Other operating charges +€7,726
up €7,726 (+429%), from €1,800 to €9,526
- Gross operating margin -€6,459
down €6,459, from €3,879 to -€2,580
- Financial charges +€5,123
up €5,123 (+1,805%), from €284 to €5,406
- Financial income -€750
down €750 (-10.0%), from €7,500 to €6,750
- Taxes -€303
down €303 (-100%), from €303 to €0
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 | €131,398 | €130,290 | -€1,107 | -0.8% |
| Fixed assets | 21/28 | €80 | €80 | = | 0.0% |
| Financial fixed assets | 28 | €80 | €80 | = | 0.0% |
| Current assets | 29/58 | €131,318 | €130,211 | -€1,107 | -0.8% |
| Amounts receivable after more than one year | 29 | €124,852 | €124,252 | -€599 | -0.5% |
| Other amounts receivable | 291 | €124,852 | €124,252 | -€599 | -0.5% |
| Amounts receivable within one year | 40/41 | €4,725 | €4,032 | -€694 | -14.7% |
| Trade receivables | 40 | €1,644 | €3,820 | +€2,176 | +132% |
| Other amounts receivable | 41 | €3,082 | €212 | -€2,870 | -93.1% |
| Cash at bank and in hand | 54/58 | €101 | €0 | -€100 | -99.9% |
| Deferred charges and accrued income | 490/1 | €1,640 | €1,927 | +€286 | +17.4% |
| Total equity and liabilities | 10/49 | €131,398 | €130,290 | -€1,107 | -0.8% |
| Equity | 10/15 | €117,173 | €106,411 | -€10,762 | -9.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,768 | €86,006 | -€10,762 | -11.1% |
| Amounts payable | 17/49 | €14,224 | €23,879 | +€9,655 | +67.9% |
| Amounts payable within one year | 42/48 | €14,224 | €23,879 | +€9,655 | +67.9% |
| Trade debts | 44 | €5,487 | €21,936 | +€16,449 | +300% |
| Suppliers | 440/4 | €5,487 | €21,936 | +€16,449 | +300% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €8,738 | €1,944 | -€6,794 | -77.8% |
| Taxes | 450/3 | €8,738 | €1,944 | -€6,794 | -77.8% |
| Other operating charges | 640/8 | €1,800 | €9,526 | +€7,726 | +429% |
| Gross operating margin | 9900 | €3,879 | -€2,580 | -€6,459 | |
| Operating profit (loss) | 9901 | €2,079 | -€12,106 | -€14,185 | |
| Financial income | 75/76B | €7,500 | €6,750 | -€750 | -10.0% |
| Recurring financial income | 75 | €7,500 | €6,750 | -€750 | -10.0% |
| Financial charges | 65/66B | €284 | €5,406 | +€5,123 | +1,805% |
| Recurring financial charges | 65 | €284 | €5,406 | +€5,123 | +1,805% |
| Profit (loss) for the period before taxes | 9903 | €9,295 | -€10,762 | -€20,057 | |
| Income taxes | 67/77 | €303 | €0 | -€303 | -100% |
| Profit (loss) for the period | 9904 | €8,992 | -€10,762 | -€19,754 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,992 | -€10,762 | -€19,754 |
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 15 October 2026 via checked.be.