SPRL ROYAL 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.
SPRL ROYAL DECOR
Largest movements
- Cash -€101,964
down €101,964 (-53.5%), from €190,691 to €88,727
mainly Other debts (-€81,137) and Net result for the year (-€25,457)
- Tangible fixed assets -€3,378
down €3,378 (-4.9%), from €68,982 to €65,604
of which Plant, machinery and equipment: -€3,378
- Other debts -€81,137
down €81,137 (-78.4%), from €103,443 to €22,306
- Reserves -€25,456
down €25,456 (-18.0%), from €141,577 to €116,121
of which Distributable reserves: -€25,456
- Gross operating margin +€12,004
up €12,004 (+34.3%), from -€34,993 to -€22,989
- Financial income -€5,297
down €5,297 (-70.3%), from €7,530 to €2,233
- Taxes +€413
new in 2025: €413
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 | €263,886 | €157,071 | -€106,815 | -40.5% |
| Fixed assets | 21/28 | €69,255 | €65,877 | -€3,378 | -4.9% |
| Tangible fixed assets | 22/27 | €68,982 | €65,604 | -€3,378 | -4.9% |
| Land and buildings | 22 | €41,644 | €41,644 | = | 0.0% |
| Plant, machinery and equipment | 23 | €27,338 | €23,960 | -€3,378 | -12.4% |
| Financial fixed assets | 28 | €273 | €273 | = | 0.0% |
| Current assets | 29/58 | €194,631 | €91,194 | -€103,437 | -53.1% |
| Amounts receivable within one year | 40/41 | €3,940 | €2,467 | -€1,473 | -37.4% |
| Trade receivables | 40 | €1,246 | - | -€1,246 | |
| Other amounts receivable | 41 | €2,694 | €2,467 | -€227 | -8.4% |
| Cash at bank and in hand | 54/58 | €190,691 | €88,727 | -€101,964 | -53.5% |
| Total equity and liabilities | 10/49 | €263,886 | €157,071 | -€106,815 | -40.5% |
| Equity | 10/15 | €160,169 | €134,713 | -€25,456 | -15.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €141,577 | €116,121 | -€25,456 | -18.0% |
| Non-distributable reserves | 130/1 | €101,859 | €101,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Other | 1319 | €100,000 | €100,000 | = | 0.0% |
| Distributable reserves | 133 | €39,718 | €14,262 | -€25,456 | -64.1% |
| Amounts payable | 17/49 | €103,717 | €22,358 | -€81,359 | -78.4% |
| Amounts payable within one year | 42/48 | €103,717 | €22,358 | -€81,359 | -78.4% |
| Trade debts | 44 | €100 | €52 | -€48 | -48.0% |
| Suppliers | 440/4 | €100 | €52 | -€48 | -48.0% |
| Taxes, remuneration and social security | 45 | €174 | - | -€174 | |
| Taxes | 450/3 | €174 | - | -€174 | |
| Other amounts payable | 47/48 | €103,443 | €22,306 | -€81,137 | -78.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,378 | €3,378 | = | 0.0% |
| Other operating charges | 640/8 | €578 | €593 | +€15 | +2.6% |
| Gross operating margin | 9900 | -€34,993 | -€22,989 | +€12,004 | +34.3% |
| Operating profit (loss) | 9901 | -€38,949 | -€26,960 | +€11,989 | +30.8% |
| Financial income | 75/76B | €7,530 | €2,233 | -€5,297 | -70.3% |
| Recurring financial income | 75 | €7,530 | €2,233 | -€5,297 | -70.3% |
| Financial charges | 65/66B | €421 | €317 | -€104 | -24.7% |
| Recurring financial charges | 65 | €421 | €317 | -€104 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | -€31,840 | -€25,044 | +€6,796 | +21.3% |
| Income taxes | 67/77 | - | €413 | +€413 | |
| Profit (loss) for the period | 9904 | -€31,840 | -€25,457 | +€6,383 | +20.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,840 | -€25,457 | +€6,383 | +20.0% |
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.