S.L. 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.
S.L. DECOR
Largest movements
- Receivables within one year -€82,402
down €82,402 (-58.9%), from €139,861 to €57,459
of which Trade receivables: -€83,599
- Cash -€45,893
down €45,893 (-17.7%), from €258,752 to €212,859
mainly Net result for the year (-€51,380) and Other debts (-€40,204)
- Tangible fixed assets -€38,956
down €38,956 (-31.7%), from €122,712 to €83,756
of which Other tangible fixed assets: -€33,464
- Profit (loss) carried forward -€51,380
down €51,380 (-363%), from -€14,152 to -€65,533
- Other debts -€40,204
down €40,204 (-74.1%), from €54,262 to €14,058
- Tax, wage and social debts -€35,789
down €35,789 (-100%), from €35,789 to €0
- Trade debts -€35,272
down €35,272 (-83.3%), from €42,361 to €7,089
- Gross operating margin -€54,008
down €54,008, from €43,257 to -€10,751
- Other operating charges -€24,271
down €24,271 (-96.5%), from €25,141 to €870
- Taxes +€3,607
up €3,607, from -€2,744 to €863
- Depreciation +€3,181
up €3,181 (+9.2%), from €34,616 to €37,797
- Staff costs +€453
up €453 (+203%), from €223 to €676
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 | €522,214 | €359,568 | -€162,646 | -31.1% |
| Fixed assets | 21/28 | €122,769 | €83,813 | -€38,956 | -31.7% |
| Tangible fixed assets | 22/27 | €122,712 | €83,756 | -€38,956 | -31.7% |
| Plant, machinery and equipment | 23 | €4,366 | €2,912 | -€1,454 | -33.3% |
| Furniture and vehicles | 24 | €24,230 | €20,193 | -€4,037 | -16.7% |
| Other tangible fixed assets | 26 | €94,117 | €60,652 | -€33,464 | -35.6% |
| Financial fixed assets | 28 | €57 | €57 | = | 0.0% |
| Current assets | 29/58 | €399,444 | €275,754 | -€123,690 | -31.0% |
| Amounts receivable within one year | 40/41 | €139,861 | €57,459 | -€82,402 | -58.9% |
| Trade receivables | 40 | €139,689 | €56,090 | -€83,599 | -59.8% |
| Other amounts receivable | 41 | €173 | €1,369 | +€1,196 | +693% |
| Cash at bank and in hand | 54/58 | €258,752 | €212,859 | -€45,893 | -17.7% |
| Deferred charges and accrued income | 490/1 | €831 | €5,436 | +€4,605 | +554% |
| Total equity and liabilities | 10/49 | €522,214 | €359,568 | -€162,646 | -31.1% |
| Equity | 10/15 | €389,801 | €338,421 | -€51,380 | -13.2% |
| Contributions | 10/11 | €6,200 | €8,060 | +€1,860 | +30.0% |
| Reserves | 13 | €397,754 | €395,894 | -€1,860 | -0.5% |
| Tax-exempt reserves | 132 | €1,209 | €1,209 | = | 0.0% |
| Distributable reserves | 133 | €396,545 | €394,685 | -€1,860 | -0.5% |
| Profit (loss) carried forward | 14 | -€14,152 | -€65,533 | -€51,380 | -363% |
| Amounts payable | 17/49 | €132,412 | €21,147 | -€111,265 | -84.0% |
| Amounts payable within one year | 42/48 | €132,412 | €21,147 | -€111,265 | -84.0% |
| Trade debts | 44 | €42,361 | €7,089 | -€35,272 | -83.3% |
| Suppliers | 440/4 | €42,361 | €7,089 | -€35,272 | -83.3% |
| Taxes, remuneration and social security | 45 | €35,789 | €0 | -€35,789 | -100% |
| Taxes | 450/3 | €35,789 | €0 | -€35,789 | -100% |
| Other amounts payable | 47/48 | €54,262 | €14,058 | -€40,204 | -74.1% |
| Remuneration, social security and pensions | 62 | €223 | €676 | +€453 | +203% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,616 | €37,797 | +€3,181 | +9.2% |
| Other operating charges | 640/8 | €25,141 | €870 | -€24,271 | -96.5% |
| Gross operating margin | 9900 | €43,257 | -€10,751 | -€54,008 | |
| Operating profit (loss) | 9901 | -€16,724 | -€50,094 | -€33,370 | -200% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €579 | €424 | -€155 | -26.7% |
| Recurring financial charges | 65 | €579 | €424 | -€155 | -26.7% |
| Profit (loss) for the period before taxes | 9903 | -€17,302 | -€50,517 | -€33,215 | -192% |
| Income taxes | 67/77 | -€2,744 | €863 | +€3,607 | |
| Profit (loss) for the period | 9904 | -€14,559 | -€51,380 | -€36,822 | -253% |
| Transfer from tax-exempt reserves | 789 | €47,558 | - | -€47,558 | |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €32,999 | -€51,380 | -€84,379 |
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 25 October 2026 via checked.be.