N & K DECORATIONS: 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 & K DECORATIONS
Largest movements
- Receivables within one year +€32,826
up €32,826 (+302%), from €10,877 to €43,703
of which Trade receivables: +€32,826
- Stocks and contracts +€6,860
up €6,860 (+7.1%), from €96,500 to €103,360
- Cash +€4,454
up €4,454 (+87.7%), from €5,080 to €9,534
mainly Other debts (+€80,236) and Tax, wage and social debts (+€21,179)
- Tangible fixed assets -€2,226
down €2,226 (-27.3%), from €8,161 to €5,935
of which Furniture and vehicles: -€2,226
- Other debts +€80,236
up €80,236 (+34.5%), from €232,573 to €312,808
- Profit (loss) carried forward -€34,898
down €34,898 (-19.1%), from -€182,298 to -€217,197
- Tax, wage and social debts +€21,179
up €21,179 (+247%), from €8,573 to €29,752
- Short-term financial debts -€14,753
no longer reported in 2025 (was €14,753)
- Trade debts -€10,236
down €10,236 (-32.3%), from €31,693 to €21,457
- Gross operating margin +€58,951
up €58,951, from -€53,273 to €5,678
- Other operating charges +€4,051
up €4,051 (+223%), from €1,814 to €5,865
- Financial charges -€3,324
down €3,324 (-54.9%), from €6,057 to €2,733
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 | €121,794 | €163,721 | +€41,928 | +34.4% |
| Fixed assets | 21/28 | €8,161 | €5,935 | -€2,226 | -27.3% |
| Tangible fixed assets | 22/27 | €8,161 | €5,935 | -€2,226 | -27.3% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €8,161 | €5,935 | -€2,226 | -27.3% |
| Current assets | 29/58 | €113,633 | €157,786 | +€44,153 | +38.9% |
| Stocks and contracts in progress | 3 | €96,500 | €103,360 | +€6,860 | +7.1% |
| Stocks | 30/36 | €96,500 | €103,360 | +€6,860 | +7.1% |
| Amounts receivable within one year | 40/41 | €10,877 | €43,703 | +€32,826 | +302% |
| Trade receivables | 40 | - | €32,826 | +€32,826 | |
| Other amounts receivable | 41 | €10,877 | €10,877 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,080 | €9,534 | +€4,454 | +87.7% |
| Deferred charges and accrued income | 490/1 | €1,176 | €1,188 | +€13 | +1.1% |
| Total equity and liabilities | 10/49 | €121,794 | €163,721 | +€41,928 | +34.4% |
| Equity | 10/15 | -€165,798 | -€200,697 | -€34,898 | -21.0% |
| Contributions | 10/11 | €14,500 | €14,500 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€182,298 | -€217,197 | -€34,898 | -19.1% |
| Amounts payable | 17/49 | €287,592 | €364,418 | +€76,826 | +26.7% |
| Amounts payable within one year | 42/48 | €287,592 | €364,018 | +€76,426 | +26.6% |
| Financial debts | 43 | €14,753 | - | -€14,753 | |
| Credit institutions | 430/8 | €14,753 | - | -€14,753 | |
| Trade debts | 44 | €31,693 | €21,457 | -€10,236 | -32.3% |
| Suppliers | 440/4 | €31,693 | €21,457 | -€10,236 | -32.3% |
| Taxes, remuneration and social security | 45 | €8,573 | €29,752 | +€21,179 | +247% |
| Taxes | 450/3 | €8,573 | €29,752 | +€21,179 | +247% |
| Other amounts payable | 47/48 | €232,573 | €312,808 | +€80,236 | +34.5% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Remuneration, social security and pensions | 62 | €28,902 | €29,123 | +€221 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,468 | €2,226 | -€242 | -9.8% |
| Other operating charges | 640/8 | €1,814 | €5,865 | +€4,051 | +223% |
| Gross operating margin | 9900 | -€53,273 | €5,678 | +€58,951 | |
| Operating profit (loss) | 9901 | -€86,458 | -€31,536 | +€54,921 | +63.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €6,057 | €2,733 | -€3,324 | -54.9% |
| Recurring financial charges | 65 | €6,057 | €2,733 | -€3,324 | -54.9% |
| Profit (loss) for the period before taxes | 9903 | -€92,515 | -€34,269 | +€58,246 | +63.0% |
| Income taxes | 67/77 | €827 | €629 | -€198 | -23.9% |
| Profit (loss) for the period | 9904 | -€93,342 | -€34,898 | +€58,443 | +62.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€93,342 | -€34,898 | +€58,443 | +62.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.