PROJET 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.
PROJET DECOR
Largest movements
- Cash +€18,388
up €18,388 (+10.5%), from €174,331 to €192,719
mainly Trade debts (+€47,197) and Depreciation (+€7,711)
- Tangible fixed assets -€7,711
down €7,711 (-36.9%), from €20,887 to €13,176
of which Furniture and vehicles: -€7,711
- Receivables within one year -€7,105
down €7,105 (-14.1%), from €50,476 to €43,371
of which Other amounts receivable: -€19,376
- Trade debts +€47,197
up €47,197 (+1,363%), from €3,462 to €50,659
- Profit (loss) carried forward -€23,247
down €23,247 (-16.1%), from €144,568 to €121,322
- Tax, wage and social debts -€15,909
down €15,909 (-76.7%), from €20,746 to €4,836
of which Taxes: -€8,969
- Current portion of long-term debt -€4,469
down €4,469 (-29.1%), from €15,364 to €10,895
- Gross operating margin -€57,318
down €57,318 (-64.6%), from €88,751 to €31,432
- Taxes -€11,312
down €11,312 (-86.1%), from €13,140 to €1,828
- Other operating charges +€7,671
up €7,671 (+12,157%), from €63 to €7,734
- Staff costs +€6,209
up €6,209 (+21.1%), from €29,381 to €35,590
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 | €247,920 | €251,491 | +€3,572 | +1.4% |
| Fixed assets | 21/28 | €21,313 | €13,602 | -€7,711 | -36.2% |
| Tangible fixed assets | 22/27 | €20,887 | €13,176 | -€7,711 | -36.9% |
| Furniture and vehicles | 24 | €20,712 | €13,001 | -€7,711 | -37.2% |
| Other tangible fixed assets | 26 | €175 | €175 | = | 0.0% |
| Financial fixed assets | 28 | €425 | €425 | = | 0.0% |
| Current assets | 29/58 | €226,607 | €237,890 | +€11,283 | +5.0% |
| Stocks and contracts in progress | 3 | €1,800 | €1,800 | = | 0.0% |
| Stocks | 30/36 | €1,800 | €1,800 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €50,476 | €43,371 | -€7,105 | -14.1% |
| Trade receivables | 40 | €18,989 | €31,260 | +€12,271 | +64.6% |
| Other amounts receivable | 41 | €31,488 | €12,111 | -€19,376 | -61.5% |
| Cash at bank and in hand | 54/58 | €174,331 | €192,719 | +€18,388 | +10.5% |
| Total equity and liabilities | 10/49 | €247,920 | €251,491 | +€3,572 | +1.4% |
| Equity | 10/15 | €208,348 | €185,101 | -€23,247 | -11.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €57,580 | €57,580 | = | 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% |
| Tax-exempt reserves | 132 | €3,720 | €3,720 | = | 0.0% |
| Distributable reserves | 133 | €52,000 | €52,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €144,568 | €121,322 | -€23,247 | -16.1% |
| Amounts payable | 17/49 | €39,572 | €66,390 | +€26,819 | +67.8% |
| Amounts payable within one year | 42/48 | €39,572 | €66,390 | +€26,819 | +67.8% |
| Current portion of amounts payable after more than one year | 42 | €15,364 | €10,895 | -€4,469 | -29.1% |
| Trade debts | 44 | €3,462 | €50,659 | +€47,197 | +1,363% |
| Suppliers | 440/4 | €3,462 | €50,659 | +€47,197 | +1,363% |
| Taxes, remuneration and social security | 45 | €20,746 | €4,836 | -€15,909 | -76.7% |
| Taxes | 450/3 | €9,621 | €651 | -€8,969 | -93.2% |
| Remuneration and social security | 454/9 | €11,125 | €4,185 | -€6,940 | -62.4% |
| Remuneration, social security and pensions | 62 | €29,381 | €35,590 | +€6,209 | +21.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,711 | €7,711 | -€0 | 0.0% |
| Other operating charges | 640/8 | €63 | €7,734 | +€7,671 | +12,157% |
| Gross operating margin | 9900 | €88,751 | €31,432 | -€57,318 | -64.6% |
| Operating profit (loss) | 9901 | €51,596 | -€19,603 | -€71,199 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,039 | €1,816 | +€777 | +74.8% |
| Recurring financial charges | 65 | €1,039 | €1,816 | +€777 | +74.8% |
| Profit (loss) for the period before taxes | 9903 | €50,557 | -€21,419 | -€71,976 | |
| Income taxes | 67/77 | €13,140 | €1,828 | -€11,312 | -86.1% |
| Profit (loss) for the period | 9904 | €37,417 | -€23,247 | -€60,663 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,417 | -€23,247 | -€60,663 |
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 15 October 2026 via checked.be.