TB Decoratie: 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.
TB Decoratie
Largest movements
- Cash +€101,221
up €101,221 (+22.2%), from €455,880 to €557,100
mainly Other debts (+€166,484) and Depreciation (+€114,562)
- Tangible fixed assets -€55,485
down €55,485 (-11.1%), from €497,780 to €442,295
- Receivables within one year +€20,170
up €20,170 (+67.6%), from €29,834 to €50,003
of which Trade receivables: +€28,045
- Current investments +€17,612
up €17,612 (+40.4%), from €43,625 to €61,237
- Other debts +€166,484
up €166,484, from €0 to €166,484
- Reserves -€64,844
down €64,844 (-7.7%), from €845,207 to €780,363
- Debts after one year -€18,502
down €18,502 (-10.4%), from €177,361 to €158,860
- Gross operating margin +€47,616
up €47,616 (+18.2%), from €261,616 to €309,232
- Depreciation +€14,398
up €14,398 (+14.4%), from €100,164 to €114,562
- Taxes -€12,095
down €12,095 (-25.6%), from €47,259 to €35,164
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 | €1,069,379 | €1,165,293 | +€95,914 | +9.0% |
| Fixed assets | 21/28 | €497,780 | €442,295 | -€55,485 | -11.1% |
| Tangible fixed assets | 22/27 | €497,780 | €442,295 | -€55,485 | -11.1% |
| Land and buildings | 22 | €342,708 | €319,747 | -€22,961 | -6.7% |
| Plant, machinery and equipment | 23 | €48,197 | €36,186 | -€12,011 | -24.9% |
| Furniture and vehicles | 24 | €106,875 | €86,363 | -€20,513 | -19.2% |
| Current assets | 29/58 | €571,598 | €722,998 | +€151,399 | +26.5% |
| Stocks and contracts in progress | 3 | €38,023 | €45,506 | +€7,483 | +19.7% |
| Stocks | 30/36 | €38,023 | €45,506 | +€7,483 | +19.7% |
| Amounts receivable within one year | 40/41 | €29,834 | €50,003 | +€20,170 | +67.6% |
| Trade receivables | 40 | €8,472 | €36,517 | +€28,045 | +331% |
| Other amounts receivable | 41 | €21,362 | €13,487 | -€7,875 | -36.9% |
| Current investments | 50/53 | €43,625 | €61,237 | +€17,612 | +40.4% |
| Cash at bank and in hand | 54/58 | €455,880 | €557,100 | +€101,221 | +22.2% |
| Deferred charges and accrued income | 490/1 | €4,237 | €9,151 | +€4,914 | +116% |
| Total equity and liabilities | 10/49 | €1,069,379 | €1,165,293 | +€95,914 | +9.0% |
| Equity | 10/15 | €863,807 | €798,963 | -€64,844 | -7.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €845,207 | €780,363 | -€64,844 | -7.7% |
| Distributable reserves | 133 | €845,207 | €780,363 | -€64,844 | -7.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €205,572 | €366,330 | +€160,758 | +78.2% |
| Amounts payable after more than one year | 17 | €177,361 | €158,860 | -€18,502 | -10.4% |
| Financial debts | 170/4 | €177,361 | €158,860 | -€18,502 | -10.4% |
| Amounts payable within one year | 42/48 | €28,210 | €207,470 | +€179,260 | +635% |
| Current portion of amounts payable after more than one year | 42 | €18,384 | €18,502 | +€118 | +0.6% |
| Trade debts | 44 | €3,917 | €6,410 | +€2,494 | +63.7% |
| Suppliers | 440/4 | €3,917 | €6,410 | +€2,494 | +63.7% |
| Taxes, remuneration and social security | 45 | €5,909 | €16,074 | +€10,164 | +172% |
| Taxes | 450/3 | €5,909 | €16,074 | +€10,164 | +172% |
| Other amounts payable | 47/48 | €0 | €166,484 | +€166,484 | |
| Remuneration, social security and pensions | 62 | €49,526 | €52,075 | +€2,549 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100,164 | €114,562 | +€14,398 | +14.4% |
| Other operating charges | 640/8 | €3,369 | €3,799 | +€430 | +12.8% |
| Gross operating margin | 9900 | €261,616 | €309,232 | +€47,616 | +18.2% |
| Operating profit (loss) | 9901 | €108,557 | €138,797 | +€30,239 | +27.9% |
| Financial income | 75/76B | €192 | €305 | +€114 | +59.1% |
| Recurring financial income | 75 | €192 | €305 | +€114 | +59.1% |
| Financial charges | 65/66B | €2,395 | €2,298 | -€97 | -4.1% |
| Recurring financial charges | 65 | €2,395 | €2,298 | -€97 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €106,354 | €136,804 | +€30,450 | +28.6% |
| Income taxes | 67/77 | €47,259 | €35,164 | -€12,095 | -25.6% |
| Profit (loss) for the period | 9904 | €59,095 | €101,640 | +€42,545 | +72.0% |
| Profit (loss) for the period to be appropriated | 9905 | €59,095 | €101,640 | +€42,545 | +72.0% |
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 24 October 2026 via checked.be.