T & M 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.
T & M DECOR
Largest movements
- Receivables within one year +€26,649
up €26,649 (+286%), from €9,312 to €35,961
of which Other amounts receivable: +€28,512
- Cash -€2,317
down €2,317 (-27.6%), from €8,399 to €6,082
mainly Receivables within one year (-€26,649) and Contributions, distributions and other (-€6,000)
- Tangible fixed assets -€1,723
down €1,723 (-47.5%), from €3,627 to €1,904
of which Furniture and vehicles: -€1,534
- Profit (loss) carried forward +€16,902
up €16,902 (+168%), from €10,073 to €26,975
- Tax, wage and social debts +€6,638
up €6,638 (+211%), from €3,140 to €9,778
- Trade debts -€1,912
down €1,912 (-37.0%), from €5,172 to €3,260
- Other debts +€1,000
up €1,000 (+20.0%), from €5,000 to €6,000
- Gross operating margin +€11,508
up €11,508 (+59.4%), from €19,365 to €30,873
- Taxes +€3,930
up €3,930 (+134%), from €2,924 to €6,854
- Financial income +€725
up €725 (+54.3%), from €1,335 to €2,060
- Other operating charges -€635
down €635 (-52.0%), from €1,221 to €586
- Depreciation +€358
up €358 (+26.3%), from €1,364 to €1,723
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €63,343 | €85,971 | +€22,628 | +35.7% |
| Fixed assets | 21/28 | €3,827 | €2,104 | -€1,723 | -45.0% |
| Tangible fixed assets | 22/27 | €3,627 | €1,904 | -€1,723 | -47.5% |
| Plant, machinery and equipment | 23 | €189 | - | -€189 | |
| Furniture and vehicles | 24 | €3,439 | €1,904 | -€1,534 | -44.6% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €59,516 | €83,866 | +€24,351 | +40.9% |
| Amounts receivable after more than one year | 29 | €41,045 | €41,045 | = | 0.0% |
| Other amounts receivable | 291 | €41,045 | €41,045 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €9,312 | €35,961 | +€26,649 | +286% |
| Trade receivables | 40 | €5,724 | €3,861 | -€1,863 | -32.5% |
| Other amounts receivable | 41 | €3,588 | €32,100 | +€28,512 | +795% |
| Cash at bank and in hand | 54/58 | €8,399 | €6,082 | -€2,317 | -27.6% |
| Deferred charges and accrued income | 490/1 | €760 | €778 | +€19 | +2.4% |
| Total equity and liabilities | 10/49 | €63,343 | €85,971 | +€22,628 | +35.7% |
| Equity | 10/15 | €37,763 | €54,665 | +€16,902 | +44.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €9,090 | €9,090 | = | 0.0% |
| Non-distributable reserves | 130/1 | €740 | €740 | = | 0.0% |
| Reserves not available under the articles | 1311 | €740 | €740 | = | 0.0% |
| Distributable reserves | 133 | €8,350 | €8,350 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,073 | €26,975 | +€16,902 | +168% |
| Amounts payable | 17/49 | €25,579 | €31,305 | +€5,726 | +22.4% |
| Amounts payable within one year | 42/48 | €25,579 | €31,305 | +€5,726 | +22.4% |
| Trade debts | 44 | €5,172 | €3,260 | -€1,912 | -37.0% |
| Suppliers | 440/4 | €5,172 | €3,260 | -€1,912 | -37.0% |
| Advances received on contracts in progress | 46 | €12,268 | €12,268 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €3,140 | €9,778 | +€6,638 | +211% |
| Taxes | 450/3 | €3,140 | €9,778 | +€6,638 | +211% |
| Other amounts payable | 47/48 | €5,000 | €6,000 | +€1,000 | +20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,364 | €1,723 | +€358 | +26.3% |
| Other operating charges | 640/8 | €1,221 | €586 | -€635 | -52.0% |
| Gross operating margin | 9900 | €19,365 | €30,873 | +€11,508 | +59.4% |
| Operating profit (loss) | 9901 | €16,780 | €28,565 | +€11,785 | +70.2% |
| Financial income | 75/76B | €1,335 | €2,060 | +€725 | +54.3% |
| Recurring financial income | 75 | €1,335 | €2,060 | +€725 | +54.3% |
| Financial charges | 65/66B | €535 | €868 | +€333 | +62.3% |
| Recurring financial charges | 65 | €535 | €868 | +€333 | +62.3% |
| Profit (loss) for the period before taxes | 9903 | €17,580 | €29,756 | +€12,176 | +69.3% |
| Income taxes | 67/77 | €2,924 | €6,854 | +€3,930 | +134% |
| Profit (loss) for the period | 9904 | €14,656 | €22,902 | +€8,246 | +56.3% |
| Profit (loss) for the period to be appropriated | 9905 | €14,656 | €22,902 | +€8,246 | +56.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.