Vanderborght Décoration: 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.
Vanderborght Décoration
Largest movements
- Cash -€9,404
down €9,404 (-46.7%), from €20,139 to €10,736
mainly Trade debts (-€12,440) and Net result for the year (-€4,644)
- Tangible fixed assets -€8,311
down €8,311 (-85.2%), from €9,753 to €1,442
of which Furniture and vehicles: -€7,767
- Stocks and contracts -€1,592
down €1,592 (-7.4%), from €21,600 to €20,008
- Trade debts -€12,440
down €12,440 (-68.2%), from €18,228 to €5,788
- Accrued charges and deferred income +€4,900
up €4,900 (+233%), from €2,100 to €7,000
- Profit (loss) carried forward -€4,644
down €4,644 (-32.8%), from -€14,149 to -€18,793
- Tax, wage and social debts -€3,585
down €3,585 (-57.9%), from €6,190 to €2,605
- Other debts -€3,447
down €3,447 (-16.6%), from €20,732 to €17,286
- Gross operating margin -€8,131
down €8,131 (-62.1%), from €13,087 to €4,956
- Taxes -€1,205
down €1,205 (-82.4%), from €1,462 to €257
- Depreciation -€198
down €198 (-2.3%), from €8,509 to €8,311
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 | €52,271 | €33,055 | -€19,216 | -36.8% |
| Fixed assets | 21/28 | €10,513 | €2,202 | -€8,311 | -79.1% |
| Tangible fixed assets | 22/27 | €9,753 | €1,442 | -€8,311 | -85.2% |
| Furniture and vehicles | 24 | €8,618 | €851 | -€7,767 | -90.1% |
| Other tangible fixed assets | 26 | €1,135 | €590 | -€545 | -48.0% |
| Financial fixed assets | 28 | €760 | €760 | = | 0.0% |
| Current assets | 29/58 | €41,758 | €30,854 | -€10,905 | -26.1% |
| Stocks and contracts in progress | 3 | €21,600 | €20,008 | -€1,592 | -7.4% |
| Stocks | 30/36 | €21,600 | €20,008 | -€1,592 | -7.4% |
| Cash at bank and in hand | 54/58 | €20,139 | €10,736 | -€9,404 | -46.7% |
| Deferred charges and accrued income | 490/1 | €19 | €110 | +€91 | +479% |
| Total equity and liabilities | 10/49 | €52,271 | €33,055 | -€19,216 | -36.8% |
| Equity | 10/15 | €5,021 | €377 | -€4,644 | -92.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Capital | 10 | - | €18,550 | +€18,550 | |
| Issued capital | 100 | - | €18,550 | +€18,550 | |
| Reserves | 13 | €620 | €620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Legal reserve | 130 | - | €620 | +€620 | |
| Reserves not available under the articles | 1311 | €620 | - | -€620 | |
| Profit (loss) carried forward | 14 | -€14,149 | -€18,793 | -€4,644 | -32.8% |
| Amounts payable | 17/49 | €47,251 | €32,678 | -€14,572 | -30.8% |
| Amounts payable within one year | 42/48 | €45,151 | €25,678 | -€19,472 | -43.1% |
| Trade debts | 44 | €18,228 | €5,788 | -€12,440 | -68.2% |
| Suppliers | 440/4 | €18,228 | €5,788 | -€12,440 | -68.2% |
| Taxes, remuneration and social security | 45 | €6,190 | €2,605 | -€3,585 | -57.9% |
| Taxes | 450/3 | €6,190 | €2,605 | -€3,585 | -57.9% |
| Other amounts payable | 47/48 | €20,732 | €17,286 | -€3,447 | -16.6% |
| Accrued charges and deferred income | 492/3 | €2,100 | €7,000 | +€4,900 | +233% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,509 | €8,311 | -€198 | -2.3% |
| Other operating charges | 640/8 | €739 | €737 | -€2 | -0.3% |
| Gross operating margin | 9900 | €13,087 | €4,956 | -€8,131 | -62.1% |
| Operating profit (loss) | 9901 | €3,839 | -€4,092 | -€7,931 | |
| Financial income | 75/76B | - | €13 | +€13 | |
| Recurring financial income | 75 | - | €13 | +€13 | |
| Financial charges | 65/66B | €253 | €308 | +€55 | +21.6% |
| Recurring financial charges | 65 | €253 | €308 | +€55 | +21.6% |
| Profit (loss) for the period before taxes | 9903 | €3,585 | -€4,387 | -€7,973 | |
| Income taxes | 67/77 | €1,462 | €257 | -€1,205 | -82.4% |
| Profit (loss) for the period | 9904 | €2,123 | -€4,644 | -€6,768 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,123 | -€4,644 | -€6,768 |
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 26 October 2026 via checked.be.