MW 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.
MW DECOR
Largest movements
- Receivables within one year +€57,922
up €57,922 (+27.8%), from €208,351 to €266,273
of which Other amounts receivable: +€49,237
- Receivables after one year -€11,207
down €11,207 (-8.8%), from €127,760 to €116,553
- Reserves +€31,987
up €31,987 (+15.3%), from €208,654 to €240,641
of which Distributable reserves: +€31,987
- Tax, wage and social debts +€14,476
up €14,476 (+145.9%), from €9,922 to €24,398
of which Taxes: +€13,796
- Trade debts -€5,138
down €5,138 (-18.6%), from €27,663 to €22,525
- Other debts +€4,664
up €4,664 (+7.2%), from €64,741 to €69,405
- Gross operating margin +€46,046
up €46,046 (+135.7%), from €33,941 to €79,987
- Staff costs +€33,948
up €33,948 (+443.9%), from €7,647 to €41,595
- Taxes +€12,647
up €12,647 (+275.2%), from €4,596 to €17,243
- Financial income +€3,487
up €3,487 (+26.4%), from €13,198 to €16,685
- Other operating charges -€2,174
down €2,174 (-62.7%), from €3,469 to €1,295
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €340,540 | €388,382 | +€47,842 | +14.0% |
| Fixed assets | 21/28 | €4,425 | €4,018 | -€407 | -9.2% |
| Tangible fixed assets | 22/27 | €3,447 | €3,040 | -€407 | -11.8% |
| Plant, machinery and equipment | 23 | €2,281 | €2,247 | -€34 | -1.5% |
| Furniture and vehicles | 24 | €1,166 | €793 | -€373 | -32.0% |
| Financial fixed assets | 28 | €978 | €978 | = | 0.0% |
| Current assets | 29/58 | €336,115 | €384,363 | +€48,249 | +14.4% |
| Amounts receivable after more than one year | 29 | €127,760 | €116,553 | -€11,207 | -8.8% |
| Other amounts receivable | 291 | €127,760 | €116,553 | -€11,207 | -8.8% |
| Amounts receivable within one year | 40/41 | €208,351 | €266,273 | +€57,922 | +27.8% |
| Trade receivables | 40 | €6,845 | €15,530 | +€8,685 | +126.9% |
| Other amounts receivable | 41 | €201,506 | €250,743 | +€49,237 | +24.4% |
| Cash at bank and in hand | 54/58 | €3 | €150 | +€147 | +4809.8% |
| Deferred charges and accrued income | 490/1 | - | €1,387 | +€1,387 | |
| Total equity and liabilities | 10/49 | €340,540 | €388,382 | +€47,842 | +14.0% |
| Equity | 10/15 | €227,254 | €259,241 | +€31,987 | +14.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €208,654 | €240,641 | +€31,987 | +15.3% |
| 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 | €206,794 | €238,781 | +€31,987 | +15.5% |
| Amounts payable | 17/49 | €113,286 | €129,140 | +€15,854 | +14.0% |
| Amounts payable within one year | 42/48 | €113,286 | €129,140 | +€15,854 | +14.0% |
| Financial debts | 43 | €10,960 | €12,812 | +€1,853 | +16.9% |
| Credit institutions | 430/8 | €10,960 | €12,812 | +€1,853 | +16.9% |
| Trade debts | 44 | €27,663 | €22,525 | -€5,138 | -18.6% |
| Suppliers | 440/4 | €27,663 | €22,525 | -€5,138 | -18.6% |
| Taxes, remuneration and social security | 45 | €9,922 | €24,398 | +€14,476 | +145.9% |
| Taxes | 450/3 | €7,951 | €21,748 | +€13,796 | +173.5% |
| Remuneration and social security | 454/9 | €1,971 | €2,651 | +€680 | +34.5% |
| Other amounts payable | 47/48 | €64,741 | €69,405 | +€4,664 | +7.2% |
| Non-recurring operating income | 76A | €50 | - | -€50 | |
| Remuneration, social security and pensions | 62 | €7,647 | €41,595 | +€33,948 | +443.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,795 | €1,546 | -€250 | -13.9% |
| Other operating charges | 640/8 | €3,469 | €1,295 | -€2,174 | -62.7% |
| Gross operating margin | 9900 | €33,941 | €79,987 | +€46,046 | +135.7% |
| Operating profit (loss) | 9901 | €21,029 | €35,551 | +€14,522 | +69.1% |
| Financial income | 75/76B | €13,198 | €16,685 | +€3,487 | +26.4% |
| Recurring financial income | 75 | €13,198 | €16,685 | +€3,487 | +26.4% |
| Financial charges | 65/66B | €3,530 | €3,006 | -€525 | -14.9% |
| Recurring financial charges | 65 | €3,530 | €3,006 | -€525 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | €30,696 | €49,230 | +€18,534 | +60.4% |
| Income taxes | 67/77 | €4,596 | €17,243 | +€12,647 | +275.2% |
| Profit (loss) for the period | 9904 | €26,101 | €31,987 | +€5,887 | +22.6% |
| Profit (loss) for the period to be appropriated | 9905 | €26,101 | €31,987 | +€5,887 | +22.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.