MURALIS DECORATION: 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.
MURALIS DECORATION
Largest movements
- Cash -€7,829
down €7,829 (-75.0%), from €10,439 to €2,611
mainly Tax, wage and social debts (-€14,607) and Trade debts (-€4,690)
- Tax, wage and social debts -€14,607
down €14,607 (-23.8%), from €61,378 to €46,771
of which Remuneration and social security: -€9,912
- Reserves +€12,055
up €12,055 (+17.6%), from €68,358 to €80,413
- Trade debts -€4,690
down €4,690 (-55.7%), from €8,427 to €3,737
- Gross operating margin -€26,273
down €26,273 (-8.1%), from €324,007 to €297,733
- Taxes -€5,944
down €5,944 (-51.1%), from €11,624 to €5,680
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 | €239,163 | €231,920 | -€7,242 | -3.0% |
| Fixed assets | 21/28 | €0 | €65 | +€65 | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | - | €65 | +€65 | |
| Current assets | 29/58 | €239,163 | €231,855 | -€7,308 | -3.1% |
| Amounts receivable within one year | 40/41 | €227,650 | €227,884 | +€233 | +0.1% |
| Trade receivables | 40 | €226,605 | €226,983 | +€378 | +0.2% |
| Other amounts receivable | 41 | €1,045 | €901 | -€144 | -13.8% |
| Cash at bank and in hand | 54/58 | €10,439 | €2,611 | -€7,829 | -75.0% |
| Deferred charges and accrued income | 490/1 | €1,073 | €1,361 | +€287 | +26.8% |
| Total equity and liabilities | 10/49 | €239,163 | €231,920 | -€7,242 | -3.0% |
| Equity | 10/15 | €169,358 | €181,413 | +€12,055 | +7.1% |
| Contributions | 10/11 | €101,000 | €101,000 | = | 0.0% |
| Reserves | 13 | €68,358 | €80,413 | +€12,055 | +17.6% |
| Distributable reserves | 133 | €68,358 | €80,413 | +€12,055 | +17.6% |
| Amounts payable | 17/49 | €69,805 | €50,507 | -€19,297 | -27.6% |
| Amounts payable within one year | 42/48 | €69,805 | €50,507 | -€19,297 | -27.6% |
| Trade debts | 44 | €8,427 | €3,737 | -€4,690 | -55.7% |
| Suppliers | 440/4 | €8,427 | €3,737 | -€4,690 | -55.7% |
| Taxes, remuneration and social security | 45 | €61,378 | €46,771 | -€14,607 | -23.8% |
| Taxes | 450/3 | €15,919 | €11,223 | -€4,696 | -29.5% |
| Remuneration and social security | 454/9 | €45,459 | €35,547 | -€9,912 | -21.8% |
| Remuneration, social security and pensions | 62 | €280,013 | €278,858 | -€1,155 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €807 | €1,158 | +€351 | +43.5% |
| Gross operating margin | 9900 | €324,007 | €297,733 | -€26,273 | -8.1% |
| Operating profit (loss) | 9901 | €43,187 | €17,717 | -€25,470 | -59.0% |
| Financial income | 75/76B | €0 | €197 | +€197 | |
| Recurring financial income | 75 | €0 | €197 | +€197 | |
| Financial charges | 65/66B | €150 | €179 | +€29 | +19.3% |
| Recurring financial charges | 65 | €150 | €179 | +€29 | +19.3% |
| Profit (loss) for the period before taxes | 9903 | €43,037 | €17,735 | -€25,302 | -58.8% |
| Income taxes | 67/77 | €11,624 | €5,680 | -€5,944 | -51.1% |
| Profit (loss) for the period | 9904 | €31,412 | €12,055 | -€19,357 | -61.6% |
| Profit (loss) for the period to be appropriated | 9905 | €31,412 | €12,055 | -€19,357 | -61.6% |
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 30 October 2026 via checked.be.