STOVE 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.
STOVE DECOR
Largest movements
- Tangible fixed assets -€42,499
down €42,499 (-25.1%), from €169,206 to €126,707
of which Furniture and vehicles: -€33,353
- Receivables within one year +€30,713
up €30,713 (+18.4%), from €166,898 to €197,611
of which Trade receivables: +€39,125
- Stocks and contracts -€15,050
down €15,050 (-4.0%), from €376,820 to €361,770
- Debts after one year -€27,706
down €27,706 (-41.0%), from €67,558 to €39,852
- Tax, wage and social debts +€16,561
up €16,561 (+5557.4%), from €298 to €16,859
- Trade debts -€7,791
down €7,791 (-2.7%), from €290,592 to €282,801
- Other operating charges -€7,812
down €7,812 (-69.5%), from €11,242 to €3,430
- Financial charges -€5,727
down €5,727 (-39.4%), from €14,540 to €8,813
- Depreciation +€3,757
up €3,757 (+9.7%), from €38,742 to €42,499
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.
Cash bridge derived
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 | €731,698 | €710,289 | -€21,409 | -2.9% |
| Fixed assets | 21/28 | €169,206 | €126,707 | -€42,499 | -25.1% |
| Tangible fixed assets | 22/27 | €169,206 | €126,707 | -€42,499 | -25.1% |
| Land and buildings | 22 | €59,670 | €52,842 | -€6,828 | -11.4% |
| Plant, machinery and equipment | 23 | €8,240 | €5,922 | -€2,318 | -28.1% |
| Furniture and vehicles | 24 | €101,296 | €67,943 | -€33,353 | -32.9% |
| Current assets | 29/58 | €562,492 | €583,582 | +€21,090 | +3.7% |
| Stocks and contracts in progress | 3 | €376,820 | €361,770 | -€15,050 | -4.0% |
| Stocks | 30/36 | €376,820 | €361,770 | -€15,050 | -4.0% |
| Amounts receivable within one year | 40/41 | €166,898 | €197,611 | +€30,713 | +18.4% |
| Trade receivables | 40 | €158,486 | €197,611 | +€39,125 | +24.7% |
| Other amounts receivable | 41 | €8,412 | - | -€8,412 | |
| Cash at bank and in hand | 54/58 | €17,550 | €22,953 | +€5,403 | +30.8% |
| Deferred charges and accrued income | 490/1 | €1,224 | €1,248 | +€24 | +2.0% |
| Total equity and liabilities | 10/49 | €731,698 | €710,289 | -€21,409 | -2.9% |
| Equity | 10/15 | €148,675 | €148,605 | -€70 | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €66,850 | €66,850 | = | 0.0% |
| Distributable reserves | 133 | €66,850 | €66,850 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,225 | €63,155 | -€70 | -0.1% |
| Amounts payable | 17/49 | €583,023 | €561,684 | -€21,339 | -3.7% |
| Amounts payable after more than one year | 17 | €67,558 | €39,852 | -€27,706 | -41.0% |
| Financial debts | 170/4 | €67,558 | €39,852 | -€27,706 | -41.0% |
| Amounts payable within one year | 42/48 | €515,465 | €521,832 | +€6,367 | +1.2% |
| Current portion of amounts payable after more than one year | 42 | €33,796 | €28,511 | -€5,285 | -15.6% |
| Financial debts | 43 | €190,000 | €190,000 | = | 0.0% |
| Credit institutions | 430/8 | €75,000 | €100,000 | +€25,000 | +33.3% |
| Other loans | 439 | €115,000 | €90,000 | -€25,000 | -21.7% |
| Trade debts | 44 | €290,592 | €282,801 | -€7,791 | -2.7% |
| Suppliers | 440/4 | €290,592 | €282,801 | -€7,791 | -2.7% |
| Taxes, remuneration and social security | 45 | €298 | €16,859 | +€16,561 | +5557.4% |
| Taxes | 450/3 | €298 | €16,859 | +€16,561 | +5557.4% |
| Other amounts payable | 47/48 | €779 | €3,661 | +€2,882 | +370.0% |
| Non-recurring operating income | 76A | €1,250 | - | -€1,250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,742 | €42,499 | +€3,757 | +9.7% |
| Other operating charges | 640/8 | €11,242 | €3,430 | -€7,812 | -69.5% |
| Gross operating margin | 9900 | €51,567 | €51,895 | +€328 | +0.6% |
| Operating profit (loss) | 9901 | €1,583 | €5,966 | +€4,383 | +276.9% |
| Financial income | 75/76B | €3,449 | €3,049 | -€400 | -11.6% |
| Recurring financial income | 75 | €3,449 | €3,049 | -€400 | -11.6% |
| Financial charges | 65/66B | €14,540 | €8,813 | -€5,727 | -39.4% |
| Recurring financial charges | 65 | €14,540 | €8,813 | -€5,727 | -39.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,508 | €202 | +€9,710 | |
| Income taxes | 67/77 | €297 | €272 | -€25 | -8.4% |
| Profit (loss) for the period | 9904 | -€9,805 | -€70 | +€9,735 | +99.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,805 | -€70 | +€9,735 | +99.3% |
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 10 October 2026 via checked.be.