PAUL THIRY - 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.
PAUL THIRY - DECOR
Largest movements
- Cash +€83,220
up €83,220 (+2.0%), from €4.3m to €4.3m
mainly Net result for the year (+€64,113) and Receivables within one year (+€20,774)
- Reserves +€64,113
up €64,113 (+1.4%), from €4.6m to €4.6m
of which Distributable reserves: +€64,113
- Financial income -€1.5m
down €1.5m (-93.2%), from €1.6m to €108,958
- Taxes -€152,863
down €152,863 (-83.6%), from €182,782 to €29,919
- Gross operating margin -€114,097
down €114,097, from €108,490 to -€5,607
- Other operating charges -€13,691
down €13,691 (-94.3%), from €14,512 to €821
- Staff costs -€4,714
no longer reported in 2025 (was €4,714)
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 | €4,764,509 | €4,818,643 | +€54,134 | +1.1% |
| Fixed assets | 21/28 | €279,759 | €271,447 | -€8,312 | -3.0% |
| Tangible fixed assets | 22/27 | €279,759 | €271,447 | -€8,312 | -3.0% |
| Land and buildings | 22 | €276,661 | €269,296 | -€7,365 | -2.7% |
| Furniture and vehicles | 24 | €3,098 | €2,151 | -€947 | -30.6% |
| Current assets | 29/58 | €4,484,750 | €4,547,196 | +€62,446 | +1.4% |
| Amounts receivable within one year | 40/41 | €229,361 | €208,586 | -€20,774 | -9.1% |
| Trade receivables | 40 | €68,436 | €38,482 | -€29,954 | -43.8% |
| Other amounts receivable | 41 | €160,925 | €170,105 | +€9,180 | +5.7% |
| Cash at bank and in hand | 54/58 | €4,255,390 | €4,338,610 | +€83,220 | +2.0% |
| Total equity and liabilities | 10/49 | €4,764,509 | €4,818,643 | +€54,134 | +1.1% |
| Equity | 10/15 | €4,597,187 | €4,661,300 | +€64,113 | +1.4% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €4,578,187 | €4,642,300 | +€64,113 | +1.4% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €4,576,287 | €4,640,400 | +€64,113 | +1.4% |
| Amounts payable | 17/49 | €167,322 | €157,343 | -€9,979 | -6.0% |
| Amounts payable within one year | 42/48 | €167,322 | €157,343 | -€9,979 | -6.0% |
| Trade debts | 44 | €5,025 | - | -€5,025 | |
| Suppliers | 440/4 | €5,025 | - | -€5,025 | |
| Taxes, remuneration and social security | 45 | €162,297 | €157,343 | -€4,954 | -3.1% |
| Taxes | 450/3 | €162,297 | €157,343 | -€4,954 | -3.1% |
| Remuneration, social security and pensions | 62 | €4,714 | - | -€4,714 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,002 | €8,312 | -€690 | -7.7% |
| Other operating charges | 640/8 | €14,512 | €821 | -€13,691 | -94.3% |
| Gross operating margin | 9900 | €108,490 | -€5,607 | -€114,097 | |
| Operating profit (loss) | 9901 | €80,262 | -€14,740 | -€95,002 | |
| Financial income | 75/76B | €1,612,837 | €108,958 | -€1.5m | -93.2% |
| Recurring financial income | 75 | €1,612,837 | €108,958 | -€1.5m | -93.2% |
| Financial charges | 65/66B | €1,000 | €186 | -€813 | -81.4% |
| Recurring financial charges | 65 | €1,000 | €186 | -€813 | -81.4% |
| Profit (loss) for the period before taxes | 9903 | €1,692,100 | €94,032 | -€1.6m | -94.4% |
| Income taxes | 67/77 | €182,782 | €29,919 | -€152,863 | -83.6% |
| Profit (loss) for the period | 9904 | €1,509,317 | €64,113 | -€1.4m | -95.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,509,317 | €64,113 | -€1.4m | -95.8% |
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 18 October 2026 via checked.be.