VR 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.
VR DECOR
Largest movements
- Receivables within one year -€4,088
down €4,088 (-3.6%), from €112,569 to €108,481
of which Other amounts receivable: -€11,963
- Profit (loss) carried forward -€63,418
down €63,418, from €44,285 to -€19,134
- Tax, wage and social debts +€45,580
up €45,580 (+230.3%), from €19,795 to €65,375
- Trade debts +€12,032
up €12,032 (+120.6%), from €9,981 to €22,013
- Gross operating margin -€8,865
down €8,865 (-20.4%), from -€43,379 to -€52,244
- Financial charges +€6,876
up €6,876 (+288.8%), from €2,381 to €9,257
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.
Cash bridge derived
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 | €119,878 | €113,660 | -€6,219 | -5.2% |
| Fixed assets | 21/28 | €3,334 | €2,196 | -€1,138 | -34.1% |
| Tangible fixed assets | 22/27 | €3,134 | €1,996 | -€1,138 | -36.3% |
| Land and buildings | 22 | €1,476 | €812 | -€664 | -45.0% |
| Plant, machinery and equipment | 23 | €1,658 | €1,184 | -€474 | -28.6% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €116,545 | €111,464 | -€5,081 | -4.4% |
| Amounts receivable within one year | 40/41 | €112,569 | €108,481 | -€4,088 | -3.6% |
| Trade receivables | 40 | €27,124 | €34,998 | +€7,874 | +29.0% |
| Other amounts receivable | 41 | €85,445 | €73,482 | -€11,963 | -14.0% |
| Cash at bank and in hand | 54/58 | €2,258 | €1,266 | -€992 | -43.9% |
| Deferred charges and accrued income | 490/1 | €1,718 | €1,718 | = | 0.0% |
| Total equity and liabilities | 10/49 | €119,878 | €113,660 | -€6,219 | -5.2% |
| Equity | 10/15 | €89,690 | €26,271 | -€63,418 | -70.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €26,855 | €26,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,285 | -€19,134 | -€63,418 | |
| Amounts payable | 17/49 | €30,189 | €87,388 | +€57,200 | +189.5% |
| Amounts payable within one year | 42/48 | €29,776 | €87,388 | +€57,613 | +193.5% |
| Trade debts | 44 | €9,981 | €22,013 | +€12,032 | +120.6% |
| Suppliers | 440/4 | €9,981 | €22,013 | +€12,032 | +120.6% |
| Taxes, remuneration and social security | 45 | €19,795 | €65,375 | +€45,580 | +230.3% |
| Taxes | 450/3 | €19,795 | €65,375 | +€45,580 | +230.3% |
| Accrued charges and deferred income | 492/3 | €413 | - | -€413 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,865 | €1,730 | -€136 | -7.3% |
| Other operating charges | 640/8 | €175 | €128 | -€47 | -27.1% |
| Gross operating margin | 9900 | -€43,379 | -€52,244 | -€8,865 | -20.4% |
| Operating profit (loss) | 9901 | -€45,420 | -€54,101 | -€8,681 | -19.1% |
| Financial income | 75/76B | €3 | €115 | +€112 | +3236.8% |
| Recurring financial income | 75 | €3 | €115 | +€112 | +3236.8% |
| Financial charges | 65/66B | €2,381 | €9,257 | +€6,876 | +288.8% |
| Recurring financial charges | 65 | €2,381 | €9,257 | +€6,876 | +288.8% |
| Profit (loss) for the period before taxes | 9903 | -€47,797 | -€63,243 | -€15,445 | -32.3% |
| Income taxes | 67/77 | €233 | €176 | -€58 | -24.7% |
| Profit (loss) for the period | 9904 | -€48,031 | -€63,418 | -€15,388 | -32.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€48,031 | -€63,418 | -€15,388 | -32.0% |
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 9 October 2026 via checked.be.