Villas 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.
Villas Décoration
Largest movements
- Receivables within one year -€49,558
down €49,558 (-15.3%), from €324,095 to €274,538
of which Trade receivables: -€53,321
- Cash +€33,217
up €33,217 (+25.9%), from €128,223 to €161,440
mainly Other debts (+€68,865) and Receivables within one year (+€49,558)
- Tangible fixed assets +€32,542
up €32,542 (+194%), from €16,809 to €49,351
of which Furniture and vehicles: +€18,525
- Other debts +€68,865
up €68,865 (+252%), from €27,347 to €96,211
- Debts after one year -€37,651
down €37,651 (-40.4%), from €93,100 to €55,449
- Reserves -€25,000
down €25,000 (-92.6%), from €27,000 to €2,000
of which Distributable reserves: -€25,000
- Profit (loss) carried forward +€8,215
up €8,215 (+48.2%), from €17,040 to €25,255
- Tax, wage and social debts +€6,700
up €6,700 (+67.3%), from €9,959 to €16,659
of which Remuneration and social security: +€5,288
- Gross operating margin +€21,507
up €21,507 (+264%), from €8,154 to €29,661
- Taxes +€7,275
up €7,275 (+374%), from €1,944 to €9,219
- Depreciation +€3,870
up €3,870 (+84.8%), from €4,566 to €8,436
- Financial charges -€2,277
down €2,277 (-42.6%), from €5,342 to €3,065
- Staff costs -€965
no longer reported in 2025 (was €965)
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 | €469,960 | €486,052 | +€16,091 | +3.4% |
| Fixed assets | 21/28 | €16,959 | €49,501 | +€32,542 | +192% |
| Tangible fixed assets | 22/27 | €16,809 | €49,351 | +€32,542 | +194% |
| Furniture and vehicles | 24 | €12,743 | €31,268 | +€18,525 | +145% |
| Other tangible fixed assets | 26 | €4,066 | €18,083 | +€14,018 | +345% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €453,001 | €436,550 | -€16,451 | -3.6% |
| Amounts receivable within one year | 40/41 | €324,095 | €274,538 | -€49,558 | -15.3% |
| Trade receivables | 40 | €313,874 | €260,553 | -€53,321 | -17.0% |
| Other amounts receivable | 41 | €10,222 | €13,985 | +€3,763 | +36.8% |
| Cash at bank and in hand | 54/58 | €128,223 | €161,440 | +€33,217 | +25.9% |
| Deferred charges and accrued income | 490/1 | €683 | €572 | -€111 | -16.2% |
| Total equity and liabilities | 10/49 | €469,960 | €486,052 | +€16,091 | +3.4% |
| Equity | 10/15 | €64,040 | €47,255 | -€16,785 | -26.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €27,000 | €2,000 | -€25,000 | -92.6% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €25,000 | - | -€25,000 | |
| Profit (loss) carried forward | 14 | €17,040 | €25,255 | +€8,215 | +48.2% |
| Amounts payable | 17/49 | €405,921 | €438,797 | +€32,876 | +8.1% |
| Amounts payable after more than one year | 17 | €93,100 | €55,449 | -€37,651 | -40.4% |
| Financial debts | 170/4 | €93,100 | €55,449 | -€37,651 | -40.4% |
| Amounts payable within one year | 42/48 | €311,298 | €383,348 | +€72,049 | +23.1% |
| Current portion of amounts payable after more than one year | 42 | €35,830 | €37,651 | +€1,821 | +5.1% |
| Trade debts | 44 | €238,163 | €232,826 | -€5,337 | -2.2% |
| Suppliers | 440/4 | €238,163 | €232,826 | -€5,337 | -2.2% |
| Taxes, remuneration and social security | 45 | €9,959 | €16,659 | +€6,700 | +67.3% |
| Taxes | 450/3 | €9,959 | €11,371 | +€1,412 | +14.2% |
| Remuneration and social security | 454/9 | - | €5,288 | +€5,288 | |
| Other amounts payable | 47/48 | €27,347 | €96,211 | +€68,865 | +252% |
| Accrued charges and deferred income | 492/3 | €1,522 | - | -€1,522 | |
| Non-recurring operating income | 76A | €1,210 | - | -€1,210 | |
| Remuneration, social security and pensions | 62 | €965 | - | -€965 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,566 | €8,436 | +€3,870 | +84.8% |
| Other operating charges | 640/8 | €630 | €787 | +€157 | +24.9% |
| Gross operating margin | 9900 | €8,154 | €29,661 | +€21,507 | +264% |
| Operating profit (loss) | 9901 | €1,993 | €20,439 | +€18,445 | +925% |
| Financial income | 75/76B | €1 | €60 | +€59 | +5,398% |
| Recurring financial income | 75 | €1 | €60 | +€59 | +5,398% |
| Financial charges | 65/66B | €5,342 | €3,065 | -€2,277 | -42.6% |
| Recurring financial charges | 65 | €5,342 | €3,065 | -€2,277 | -42.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,347 | €17,434 | +€20,782 | |
| Income taxes | 67/77 | €1,944 | €9,219 | +€7,275 | +374% |
| Profit (loss) for the period | 9904 | -€5,292 | €8,215 | +€13,507 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,292 | €8,215 | +€13,507 |
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 20 October 2026 via checked.be.