SK DECOR: what changed
Two fiscal 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.
SK DECOR
Largest movements
- Receivables within one year -€24,936
down €24,936 (-86.5%), from €28,836 to €3,900
of which Trade receivables: -€23,497
- Tangible fixed assets -€19,895
down €19,895 (-45.3%), from €43,952 to €24,058
of which Furniture and vehicles: -€16,687
- Stocks and contracts +€9,484
new in 2024: €9,484
- Cash +€4,149
up €4,149 (+54.6%), from €7,605 to €11,754
mainly Receivables within one year (+€24,936) and Depreciation (+€19,895)
- Other debts -€29,363
down €29,363 (-60.8%), from €48,321 to €18,958
- Accrued charges and deferred income -€3,350
no longer reported in 2024 (was €3,350)
- Trade debts +€1,686
up €1,686 (+12.5%), from €13,537 to €15,223
- Gross operating margin -€45,913
down €45,913 (-50.3%), from €91,284 to €45,372
- Staff costs -€32,410
down €32,410 (-58.3%), from €55,557 to €23,147
- Depreciation +€2,748
up €2,748 (+16.0%), from €17,146 to €19,895
- Taxes -€2,576
down €2,576 (-63.1%), from €4,080 to €1,504
- Other operating charges -€2,118
down €2,118 (-59.6%), from €3,556 to €1,438
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €80,393 | €49,231 | -€31,162 | -38.8% |
| Fixed assets | 21/28 | €43,952 | €24,058 | -€19,895 | -45.3% |
| Tangible fixed assets | 22/27 | €43,952 | €24,058 | -€19,895 | -45.3% |
| Plant, machinery and equipment | 23 | €4,375 | €1,875 | -€2,500 | -57.1% |
| Furniture and vehicles | 24 | €36,244 | €19,556 | -€16,687 | -46.0% |
| Other tangible fixed assets | 26 | €3,334 | €2,626 | -€707 | -21.2% |
| Current assets | 29/58 | €36,441 | €25,174 | -€11,268 | -30.9% |
| Stocks and contracts in progress | 3 | - | €9,484 | +€9,484 | |
| Stocks | 30/36 | - | €9,484 | +€9,484 | |
| Amounts receivable within one year | 40/41 | €28,836 | €3,900 | -€24,936 | -86.5% |
| Trade receivables | 40 | €26,418 | €2,922 | -€23,497 | -88.9% |
| Other amounts receivable | 41 | €2,418 | €978 | -€1,440 | -59.5% |
| Cash at bank and in hand | 54/58 | €7,605 | €11,754 | +€4,149 | +54.6% |
| Deferred charges and accrued income | 490/1 | - | €36 | +€36 | |
| Total equity and liabilities | 10/49 | €80,393 | €49,231 | -€31,162 | -38.8% |
| Equity | 10/15 | €12,858 | €12,769 | -€89 | -0.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,858 | €10,769 | -€89 | -0.8% |
| Amounts payable | 17/49 | €67,535 | €36,463 | -€31,073 | -46.0% |
| Amounts payable within one year | 42/48 | €64,185 | €36,463 | -€27,723 | -43.2% |
| Trade debts | 44 | €13,537 | €15,223 | +€1,686 | +12.5% |
| Suppliers | 440/4 | €13,537 | €15,223 | +€1,686 | +12.5% |
| Taxes, remuneration and social security | 45 | €2,327 | €2,281 | -€45 | -1.9% |
| Taxes | 450/3 | €2,327 | €2,281 | -€45 | -1.9% |
| Other amounts payable | 47/48 | €48,321 | €18,958 | -€29,363 | -60.8% |
| Accrued charges and deferred income | 492/3 | €3,350 | - | -€3,350 | |
| Remuneration, social security and pensions | 62 | €55,557 | €23,147 | -€32,410 | -58.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,146 | €19,895 | +€2,748 | +16.0% |
| Other operating charges | 640/8 | €3,556 | €1,438 | -€2,118 | -59.6% |
| Gross operating margin | 9900 | €91,284 | €45,372 | -€45,913 | -50.3% |
| Operating profit (loss) | 9901 | €15,025 | €892 | -€14,133 | -94.1% |
| Financial income | 75/76B | €52 | €865 | +€812 | +1550.7% |
| Recurring financial income | 75 | €52 | €865 | +€812 | +1550.7% |
| Financial charges | 65/66B | €139 | €342 | +€203 | +145.6% |
| Recurring financial charges | 65 | €139 | €342 | +€203 | +145.6% |
| Profit (loss) for the period before taxes | 9903 | €14,938 | €1,415 | -€13,524 | -90.5% |
| Income taxes | 67/77 | €4,080 | €1,504 | -€2,576 | -63.1% |
| Profit (loss) for the period | 9904 | €10,858 | -€89 | -€10,947 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,858 | -€89 | -€10,947 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.