PETER DENON DECORATIE: what changed
PETER DENON DECORATIE
Largest movements
- Stocks and contracts -€4,298
down €4,298 (-51.8%), from €8,298 to €4,000
- Receivables within one year -€3,977
down €3,977 (-35.9%), from €11,083 to €7,106
of which Trade receivables: -€7,541
- Cash +€1,492
up €1,492 (+114%), from €1,307 to €2,799
mainly Net result for the year (+€14,210) and Stocks and contracts (+€4,298)
- Tangible fixed assets -€1,252
down €1,252 (-64.3%), from €1,947 to €695
of which Furniture and vehicles: -€994
- Deferred charges and accrued income -€884
no longer reported in 2025 (was €884)
- Debts after one year -€15,915
down €15,915 (-14.0%), from €113,830 to €97,915
- Profit (loss) carried forward +€14,210
up €14,210 (+20.8%), from -€68,318 to -€54,108
- Tax, wage and social debts -€5,610
down €5,610 (-88.2%), from €6,358 to €748
- Other debts -€4,287
no longer reported in 2025 (was €4,287)
- Trade debts +€1,394
up €1,394 (+20.9%), from €6,677 to €8,071
- Gross operating margin +€14,961
up €14,961 (+75.6%), from €19,797 to €34,758
- Other operating charges +€3,550
up €3,550 (+57.6%), from €6,164 to €9,714
- Financial income +€1,457
up €1,457 (+17,681%), from €8 to €1,465
- Financial charges -€1,192
down €1,192 (-9.9%), from €12,040 to €10,847
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €85,519 | €76,600 | -€8,919 | -10.4% |
| Fixed assets | 21/28 | €1,947 | €695 | -€1,252 | -64.3% |
| Tangible fixed assets | 22/27 | €1,947 | €695 | -€1,252 | -64.3% |
| Plant, machinery and equipment | 23 | €257 | - | -€257 | |
| Furniture and vehicles | 24 | €1,689 | €695 | -€994 | -58.9% |
| Current assets | 29/58 | €83,572 | €75,905 | -€7,667 | -9.2% |
| Amounts receivable after more than one year | 29 | €62,000 | €62,000 | = | 0.0% |
| Other amounts receivable | 291 | €62,000 | €62,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €8,298 | €4,000 | -€4,298 | -51.8% |
| Stocks | 30/36 | €8,298 | €4,000 | -€4,298 | -51.8% |
| Amounts receivable within one year | 40/41 | €11,083 | €7,106 | -€3,977 | -35.9% |
| Trade receivables | 40 | €10,251 | €2,710 | -€7,541 | -73.6% |
| Other amounts receivable | 41 | €832 | €4,396 | +€3,564 | +428% |
| Cash at bank and in hand | 54/58 | €1,307 | €2,799 | +€1,492 | +114% |
| Deferred charges and accrued income | 490/1 | €884 | - | -€884 | |
| Total equity and liabilities | 10/49 | €85,519 | €76,600 | -€8,919 | -10.4% |
| Equity | 10/15 | -€60,258 | -€46,048 | +€14,210 | +23.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 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 | -€68,318 | -€54,108 | +€14,210 | +20.8% |
| Amounts payable | 17/49 | €145,777 | €122,648 | -€23,129 | -15.9% |
| Amounts payable after more than one year | 17 | €113,830 | €97,915 | -€15,915 | -14.0% |
| Financial debts | 170/4 | €113,830 | €97,915 | -€15,915 | -14.0% |
| Amounts payable within one year | 42/48 | €31,947 | €24,733 | -€7,214 | -22.6% |
| Current portion of amounts payable after more than one year | 42 | €14,625 | €15,915 | +€1,290 | +8.8% |
| Trade debts | 44 | €6,677 | €8,071 | +€1,394 | +20.9% |
| Suppliers | 440/4 | €6,677 | €8,071 | +€1,394 | +20.9% |
| Taxes, remuneration and social security | 45 | €6,358 | €748 | -€5,610 | -88.2% |
| Taxes | 450/3 | €6,358 | €748 | -€5,610 | -88.2% |
| Other amounts payable | 47/48 | €4,287 | - | -€4,287 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,339 | €1,252 | -€88 | -6.6% |
| Other operating charges | 640/8 | €6,164 | €9,714 | +€3,550 | +57.6% |
| Gross operating margin | 9900 | €19,797 | €34,758 | +€14,961 | +75.6% |
| Operating profit (loss) | 9901 | €12,294 | €23,793 | +€11,499 | +93.5% |
| Financial income | 75/76B | €8 | €1,465 | +€1,457 | +17,681% |
| Recurring financial income | 75 | €8 | €1,465 | +€1,457 | +17,681% |
| Financial charges | 65/66B | €12,040 | €10,847 | -€1,192 | -9.9% |
| Recurring financial charges | 65 | €12,040 | €10,847 | -€1,192 | -9.9% |
| Profit (loss) for the period before taxes | 9903 | €263 | €14,411 | +€14,148 | +5,383% |
| Income taxes | 67/77 | €194 | €201 | +€7 | +3.6% |
| Profit (loss) for the period | 9904 | €69 | €14,210 | +€14,141 | +20,479% |
| Profit (loss) for the period to be appropriated | 9905 | €69 | €14,210 | +€14,141 | +20,479% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.