MY DECOR PROJECT: 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 DECOR PROJECT
Largest movements
- Receivables within one year +€12,738
up €12,738 (+111%), from €11,490 to €24,228
of which Trade receivables: +€13,116
- Cash -€2,504
down €2,504 (-60.3%), from €4,151 to €1,647
mainly Receivables within one year (-€12,738) and Net result for the year (-€4,921)
- Tax, wage and social debts +€6,982
up €6,982 (+1,724%), from €405 to €7,387
of which Remuneration and social security: +€7,000
- Profit (loss) carried forward -€4,921
down €4,921 (-31.8%), from €15,455 to €10,534
- Trade debts +€4,052
up €4,052 (+92.3%), from €4,390 to €8,442
- Other debts +€3,888
up €3,888 (+207%), from €1,876 to €5,764
- Gross operating margin -€11,918
down €11,918, from €9,365 to -€2,553
- Depreciation +€330
new in 2024: €330
- Financial charges +€324
up €324 (+205%), from €158 to €482
- Other operating charges +€316
up €316 (+45.0%), from €703 to €1,019
- Taxes -€199
down €199 (-27.0%), from €737 to €538
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.
Derived cash bridge
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 | €28,423 | €38,424 | +€10,001 | +35.2% |
| Fixed assets | 21/28 | €1,964 | €1,634 | -€330 | -16.8% |
| Tangible fixed assets | 22/27 | €964 | €634 | -€330 | -34.2% |
| Furniture and vehicles | 24 | €964 | €634 | -€330 | -34.2% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €26,459 | €36,790 | +€10,331 | +39.0% |
| Stocks and contracts in progress | 3 | €10,818 | €10,915 | +€97 | +0.9% |
| Stocks | 30/36 | €10,818 | €10,915 | +€97 | +0.9% |
| Amounts receivable within one year | 40/41 | €11,490 | €24,228 | +€12,738 | +111% |
| Trade receivables | 40 | €11,112 | €24,228 | +€13,116 | +118% |
| Other amounts receivable | 41 | €378 | - | -€378 | |
| Cash at bank and in hand | 54/58 | €4,151 | €1,647 | -€2,504 | -60.3% |
| Total equity and liabilities | 10/49 | €28,423 | €38,424 | +€10,001 | +35.2% |
| Equity | 10/15 | €21,752 | €16,831 | -€4,921 | -22.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Share premium | 1100/10 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €97 | €97 | = | 0.0% |
| Distributable reserves | 133 | €97 | €97 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,455 | €10,534 | -€4,921 | -31.8% |
| Amounts payable | 17/49 | €6,671 | €21,593 | +€14,922 | +224% |
| Amounts payable within one year | 42/48 | €6,671 | €21,593 | +€14,922 | +224% |
| Trade debts | 44 | €4,390 | €8,442 | +€4,052 | +92.3% |
| Suppliers | 440/4 | €4,390 | €8,442 | +€4,052 | +92.3% |
| Taxes, remuneration and social security | 45 | €405 | €7,387 | +€6,982 | +1,724% |
| Taxes | 450/3 | €405 | €387 | -€18 | -4.4% |
| Remuneration and social security | 454/9 | - | €7,000 | +€7,000 | |
| Other amounts payable | 47/48 | €1,876 | €5,764 | +€3,888 | +207% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €330 | +€330 | |
| Other operating charges | 640/8 | €703 | €1,019 | +€316 | +45.0% |
| Gross operating margin | 9900 | €9,365 | -€2,553 | -€11,918 | |
| Operating profit (loss) | 9901 | €8,662 | -€3,902 | -€12,564 | |
| Financial income | 75/76B | €103 | €1 | -€102 | -99.0% |
| Recurring financial income | 75 | €103 | €1 | -€102 | -99.0% |
| Financial charges | 65/66B | €158 | €482 | +€324 | +205% |
| Recurring financial charges | 65 | €158 | €482 | +€324 | +205% |
| Profit (loss) for the period before taxes | 9903 | €8,607 | -€4,383 | -€12,990 | |
| Income taxes | 67/77 | €737 | €538 | -€199 | -27.0% |
| Profit (loss) for the period | 9904 | €7,870 | -€4,921 | -€12,791 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,870 | -€4,921 | -€12,791 |
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 22 October 2026 via checked.be.