MY DECO: 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.
MY DECO
Largest movements
- Stocks and contracts -€30,994
down €30,994 (-12.8%), from €242,415 to €211,421
of which Contracts in progress: -€71,524
- Receivables within one year +€28,245
up €28,245 (+1076.2%), from €2,625 to €30,870
of which Trade receivables: +€30,870
- Financial fixed assets +€9,000
new in 2024: €9,000
- Tangible fixed assets -€8,846
down €8,846 (-40.2%), from €21,993 to €13,146
of which Plant, machinery and equipment: -€6,883
- Trade debts -€85,750
down €85,750 (-90.4%), from €94,884 to €9,133
- Other debts +€73,767
up €73,767 (+31.2%), from €236,592 to €310,359
- Tax, wage and social debts +€9,234
up €9,234 (+72.4%), from €12,745 to €21,978
of which Remuneration and social security: +€6,525
- Gross operating margin +€109,151
up €109,151, from -€49,885 to €59,266
- Staff costs -€12,952
down €12,952 (-21.4%), from €60,397 to €47,446
- Financial charges +€1,562
up €1,562 (+250.6%), from €623 to €2,185
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 | €273,460 | €270,835 | -€2,625 | -1.0% |
| Fixed assets | 21/28 | €21,993 | €22,146 | +€154 | +0.7% |
| Tangible fixed assets | 22/27 | €21,993 | €13,146 | -€8,846 | -40.2% |
| Plant, machinery and equipment | 23 | €14,462 | €7,580 | -€6,883 | -47.6% |
| Furniture and vehicles | 24 | €7,530 | €5,567 | -€1,963 | -26.1% |
| Financial fixed assets | 28 | - | €9,000 | +€9,000 | |
| Current assets | 29/58 | €251,467 | €248,688 | -€2,779 | -1.1% |
| Stocks and contracts in progress | 3 | €242,415 | €211,421 | -€30,994 | -12.8% |
| Stocks | 30/36 | €170,891 | €211,421 | +€40,530 | +23.7% |
| Contracts in progress | 37 | €71,524 | - | -€71,524 | |
| Amounts receivable within one year | 40/41 | €2,625 | €30,870 | +€28,245 | +1076.2% |
| Trade receivables | 40 | - | €30,870 | +€30,870 | |
| Other amounts receivable | 41 | €2,625 | - | -€2,625 | |
| Cash at bank and in hand | 54/58 | €6,428 | €6,398 | -€30 | -0.5% |
| Total equity and liabilities | 10/49 | €273,460 | €270,835 | -€2,625 | -1.0% |
| Equity | 10/15 | -€70,761 | -€70,636 | +€124 | +0.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€120,761 | -€120,636 | +€124 | +0.1% |
| Amounts payable | 17/49 | €344,221 | €341,471 | -€2,750 | -0.8% |
| Amounts payable within one year | 42/48 | €344,221 | €341,471 | -€2,750 | -0.8% |
| Trade debts | 44 | €94,884 | €9,133 | -€85,750 | -90.4% |
| Suppliers | 440/4 | €94,884 | €9,133 | -€85,750 | -90.4% |
| Taxes, remuneration and social security | 45 | €12,745 | €21,978 | +€9,234 | +72.4% |
| Taxes | 450/3 | €1,382 | €4,090 | +€2,708 | +196.0% |
| Remuneration and social security | 454/9 | €11,363 | €17,888 | +€6,525 | +57.4% |
| Other amounts payable | 47/48 | €236,592 | €310,359 | +€73,767 | +31.2% |
| Remuneration, social security and pensions | 62 | €60,397 | €47,446 | -€12,952 | -21.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,123 | €8,846 | -€277 | -3.0% |
| Other operating charges | 640/8 | €732 | €665 | -€67 | -9.1% |
| Gross operating margin | 9900 | -€49,885 | €59,266 | +€109,151 | |
| Operating profit (loss) | 9901 | -€120,137 | €2,309 | +€122,447 | |
| Financial charges | 65/66B | €623 | €2,185 | +€1,562 | +250.6% |
| Recurring financial charges | 65 | €623 | €2,185 | +€1,562 | +250.6% |
| Profit (loss) for the period before taxes | 9903 | -€120,761 | €124 | +€120,885 | |
| Profit (loss) for the period | 9904 | -€120,761 | €124 | +€120,885 | |
| Profit (loss) for the period to be appropriated | 9905 | -€120,761 | €124 | +€120,885 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.