T.P. 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.P. DECOR
Largest movements
- Cash +€27,400
up €27,400 (+12.9%), from €213,149 to €240,549
mainly Net result for the year (+€48,623) and Depreciation (+€17,229)
- Tangible fixed assets -€15,709
down €15,709 (-33.5%), from €46,827 to €31,119
of which Furniture and vehicles: -€15,449
- Receivables within one year +€14,996
up €14,996 (+72.1%), from €20,801 to €35,797
of which Trade receivables: +€12,096
- Reserves +€38,000
up €38,000 (+18.5%), from €205,375 to €243,375
of which Distributable reserves: +€38,000
- Debts after one year -€14,163
down €14,163 (-50.0%), from €28,352 to €14,190
- Gross operating margin +€15,284
up €15,284 (+21.6%), from €70,642 to €85,926
- Write-downs -€2,600
no longer reported in 2025 (was €2,600)
- Depreciation +€1,597
up €1,597 (+10.2%), from €15,632 to €17,229
- Taxes +€1,306
up €1,306 (+7.8%), from €16,734 to €18,040
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 | €283,545 | €310,474 | +€26,929 | +9.5% |
| Fixed assets | 21/28 | €46,827 | €31,119 | -€15,709 | -33.5% |
| Tangible fixed assets | 22/27 | €46,827 | €31,119 | -€15,709 | -33.5% |
| Plant, machinery and equipment | 23 | €631 | €371 | -€260 | -41.2% |
| Furniture and vehicles | 24 | €46,196 | €30,747 | -€15,449 | -33.4% |
| Current assets | 29/58 | €236,718 | €279,356 | +€42,638 | +18.0% |
| Amounts receivable within one year | 40/41 | €20,801 | €35,797 | +€14,996 | +72.1% |
| Trade receivables | 40 | €388 | €12,483 | +€12,096 | +3,121% |
| Other amounts receivable | 41 | €20,413 | €23,314 | +€2,900 | +14.2% |
| Cash at bank and in hand | 54/58 | €213,149 | €240,549 | +€27,400 | +12.9% |
| Deferred charges and accrued income | 490/1 | €2,768 | €3,010 | +€242 | +8.7% |
| Total equity and liabilities | 10/49 | €283,545 | €310,474 | +€26,929 | +9.5% |
| Equity | 10/15 | €232,428 | €271,051 | +€38,623 | +16.6% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Reserves | 13 | €205,375 | €243,375 | +€38,000 | +18.5% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,875 | €1,875 | = | 0.0% |
| Distributable reserves | 133 | €203,500 | €241,500 | +€38,000 | +18.7% |
| Profit (loss) carried forward | 14 | €20,803 | €21,426 | +€623 | +3.0% |
| Amounts payable | 17/49 | €51,117 | €39,424 | -€11,693 | -22.9% |
| Amounts payable after more than one year | 17 | €28,352 | €14,190 | -€14,163 | -50.0% |
| Financial debts | 170/4 | €28,352 | €14,190 | -€14,163 | -50.0% |
| Amounts payable within one year | 42/48 | €22,765 | €25,188 | +€2,424 | +10.6% |
| Current portion of amounts payable after more than one year | 42 | €13,620 | €14,163 | +€543 | +4.0% |
| Trade debts | 44 | €4,145 | €6,026 | +€1,881 | +45.4% |
| Suppliers | 440/4 | €4,145 | €6,026 | +€1,881 | +45.4% |
| Taxes, remuneration and social security | 45 | €5,000 | €5,000 | = | 0.0% |
| Taxes | 450/3 | €5,000 | €5,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €46 | +€46 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,632 | €17,229 | +€1,597 | +10.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,600 | - | -€2,600 | |
| Other operating charges | 640/8 | €1,267 | €1,420 | +€154 | +12.1% |
| Gross operating margin | 9900 | €70,642 | €85,926 | +€15,284 | +21.6% |
| Operating profit (loss) | 9901 | €51,144 | €67,277 | +€16,133 | +31.5% |
| Financial income | 75/76B | €1,588 | €1,440 | -€148 | -9.3% |
| Recurring financial income | 75 | €1,588 | €1,440 | -€148 | -9.3% |
| Financial charges | 65/66B | €2,293 | €2,054 | -€239 | -10.4% |
| Recurring financial charges | 65 | €2,293 | €2,054 | -€239 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | €50,439 | €66,663 | +€16,224 | +32.2% |
| Income taxes | 67/77 | €16,734 | €18,040 | +€1,306 | +7.8% |
| Profit (loss) for the period | 9904 | €33,705 | €48,623 | +€14,918 | +44.3% |
| Profit (loss) for the period to be appropriated | 9905 | €33,705 | €48,623 | +€14,918 | +44.3% |
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 24 October 2026 via checked.be.