N.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.
N.DECORATION
Largest movements
- Receivables within one year -€23,754
down €23,754 (-63.9%), from €37,195 to €13,441
of which Trade receivables: -€23,729
- Tangible fixed assets -€4,435
no longer reported in 2025 (was €4,435)
- Other debts -€29,687
down €29,687 (-27.8%), from €106,764 to €77,077
- Profit (loss) carried forward +€691
up €691 (+0.8%), from -€87,588 to -€86,897
- Short-term financial debts +€690
up €690 (+41.2%), from €1,674 to €2,364
- Gross operating margin +€2,933
up €2,933 (+77.2%), from €3,798 to €6,731
- Depreciation -€1,367
down €1,367 (-23.6%), from €5,802 to €4,435
- Financial charges +€157
up €157 (+22.2%), from €710 to €867
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €41,741 | €13,553 | -€28,189 | -67.5% |
| Fixed assets | 21/28 | €4,435 | - | -€4,435 | |
| Tangible fixed assets | 22/27 | €4,435 | - | -€4,435 | |
| Furniture and vehicles | 24 | €4,435 | - | -€4,435 | |
| Current assets | 29/58 | €37,306 | €13,553 | -€23,754 | -63.7% |
| Amounts receivable within one year | 40/41 | €37,195 | €13,441 | -€23,754 | -63.9% |
| Trade receivables | 40 | €36,633 | €12,903 | -€23,729 | -64.8% |
| Other amounts receivable | 41 | €562 | €538 | -€24 | -4.4% |
| Deferred charges and accrued income | 490/1 | €112 | €112 | +€0 | 0.0% |
| Total equity and liabilities | 10/49 | €41,741 | €13,553 | -€28,189 | -67.5% |
| Equity | 10/15 | -€67,128 | -€66,437 | +€691 | +1.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€87,588 | -€86,897 | +€691 | +0.8% |
| Amounts payable | 17/49 | €108,869 | €79,989 | -€28,880 | -26.5% |
| Amounts payable within one year | 42/48 | €108,869 | €79,989 | -€28,880 | -26.5% |
| Financial debts | 43 | €1,674 | €2,364 | +€690 | +41.2% |
| Credit institutions | 430/8 | €1,674 | €2,364 | +€690 | +41.2% |
| Trade debts | 44 | €432 | €549 | +€117 | +27.1% |
| Suppliers | 440/4 | €432 | €549 | +€117 | +27.1% |
| Other amounts payable | 47/48 | €106,764 | €77,077 | -€29,687 | -27.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,802 | €4,435 | -€1,367 | -23.6% |
| Other operating charges | 640/8 | €794 | €737 | -€57 | -7.2% |
| Gross operating margin | 9900 | €3,798 | €6,731 | +€2,933 | +77.2% |
| Operating profit (loss) | 9901 | -€2,798 | €1,559 | +€4,356 | |
| Financial charges | 65/66B | €710 | €867 | +€157 | +22.2% |
| Recurring financial charges | 65 | €710 | €867 | +€157 | +22.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,508 | €691 | +€4,199 | |
| Profit (loss) for the period | 9904 | -€3,508 | €691 | +€4,199 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,508 | €691 | +€4,199 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.