MYNCKE DECOR: 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.
MYNCKE DECOR
Largest movements
- Tangible fixed assets -€30,598
down €30,598 (-4.8%), from €640,504 to €609,906
of which Land and buildings: -€30,790
- Receivables within one year -€20,490
down €20,490 (-26.5%), from €77,206 to €56,716
of which Trade receivables: -€17,921
- Stocks and contracts -€20,330
down €20,330 (-29.4%), from €69,035 to €48,705
- Debts after one year -€42,302
down €42,302 (-15.9%), from €265,357 to €223,055
- Trade debts -€39,140
down €39,140 (-35.1%), from €111,606 to €72,465
- Other debts +€15,433
up €15,433 (+11.0%), from €140,802 to €156,235
- Short-term financial debts -€15,117
no longer reported in 2025 (was €15,117)
- Accrued charges and deferred income +€10,369
new in 2025: €10,369
- Gross operating margin +€49,617
up €49,617 (+14.1%), from €352,877 to €402,494
- Staff costs +€5,189
up €5,189 (+1.6%), from €329,274 to €334,462
- Other operating charges +€4,129
up €4,129 (+31.5%), from €13,091 to €17,220
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 | €792,181 | €723,334 | -€68,847 | -8.7% |
| Fixed assets | 21/28 | €641,125 | €610,527 | -€30,598 | -4.8% |
| Tangible fixed assets | 22/27 | €640,504 | €609,906 | -€30,598 | -4.8% |
| Land and buildings | 22 | €635,627 | €604,838 | -€30,790 | -4.8% |
| Plant, machinery and equipment | 23 | €1,193 | €837 | -€356 | -29.9% |
| Furniture and vehicles | 24 | €3,684 | €4,232 | +€548 | +14.9% |
| Financial fixed assets | 28 | €621 | €621 | = | 0.0% |
| Current assets | 29/58 | €151,057 | €112,807 | -€38,250 | -25.3% |
| Stocks and contracts in progress | 3 | €69,035 | €48,705 | -€20,330 | -29.4% |
| Stocks | 30/36 | €69,035 | €48,705 | -€20,330 | -29.4% |
| Amounts receivable within one year | 40/41 | €77,206 | €56,716 | -€20,490 | -26.5% |
| Trade receivables | 40 | €66,746 | €48,825 | -€17,921 | -26.8% |
| Other amounts receivable | 41 | €10,460 | €7,891 | -€2,569 | -24.6% |
| Current investments | 50/53 | €293 | €198 | -€95 | -32.5% |
| Cash at bank and in hand | 54/58 | - | €382 | +€382 | |
| Deferred charges and accrued income | 490/1 | €4,523 | €6,806 | +€2,283 | +50.5% |
| Total equity and liabilities | 10/49 | €792,181 | €723,334 | -€68,847 | -8.7% |
| Equity | 10/15 | €213,675 | €214,306 | +€631 | +0.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €195,075 | €195,706 | +€631 | +0.3% |
| Distributable reserves | 133 | €195,075 | €195,706 | +€631 | +0.3% |
| Amounts payable | 17/49 | €578,506 | €509,027 | -€69,479 | -12.0% |
| Amounts payable after more than one year | 17 | €265,357 | €223,055 | -€42,302 | -15.9% |
| Financial debts | 170/4 | €265,357 | €223,055 | -€42,302 | -15.9% |
| Amounts payable within one year | 42/48 | €313,149 | €275,603 | -€37,546 | -12.0% |
| Current portion of amounts payable after more than one year | 42 | €40,562 | €42,302 | +€1,740 | +4.3% |
| Financial debts | 43 | €15,117 | - | -€15,117 | |
| Credit institutions | 430/8 | €15,117 | - | -€15,117 | |
| Trade debts | 44 | €111,606 | €72,465 | -€39,140 | -35.1% |
| Suppliers | 440/4 | €111,606 | €72,465 | -€39,140 | -35.1% |
| Taxes, remuneration and social security | 45 | €5,062 | €4,601 | -€461 | -9.1% |
| Taxes | 450/3 | €246 | €4,065 | +€3,819 | +1,555% |
| Remuneration and social security | 454/9 | €4,817 | €536 | -€4,281 | -88.9% |
| Other amounts payable | 47/48 | €140,802 | €156,235 | +€15,433 | +11.0% |
| Accrued charges and deferred income | 492/3 | - | €10,369 | +€10,369 | |
| Remuneration, social security and pensions | 62 | €329,274 | €334,462 | +€5,189 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,445 | €32,572 | -€873 | -2.6% |
| Other operating charges | 640/8 | €13,091 | €17,220 | +€4,129 | +31.5% |
| Gross operating margin | 9900 | €352,877 | €402,494 | +€49,617 | +14.1% |
| Operating profit (loss) | 9901 | -€22,933 | €18,240 | +€41,173 | |
| Financial income | 75/76B | €127 | €491 | +€364 | +287% |
| Recurring financial income | 75 | €127 | €491 | +€364 | +287% |
| Financial charges | 65/66B | €17,359 | €17,564 | +€204 | +1.2% |
| Recurring financial charges | 65 | €17,359 | €17,564 | +€204 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | -€40,166 | €1,167 | +€41,333 | |
| Income taxes | 67/77 | €504 | €536 | +€31 | +6.2% |
| Profit (loss) for the period | 9904 | -€40,670 | €631 | +€41,301 | |
| Profit (loss) for the period to be appropriated | 9905 | -€40,670 | €631 | +€41,301 |
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 29 October 2026 via checked.be.