X-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.
X-DECOR
Largest movements
- Receivables within one year +€60,419
up €60,419 (+38.5%), from €156,731 to €217,150
of which Trade receivables: +€53,476
- Cash +€5,281
new in 2024: €5,281
mainly Trade debts (+€50,753) and Net result for the year (+€23,314)
- Trade debts +€50,753
up €50,753 (+56.7%), from €89,479 to €140,232
- Profit (loss) carried forward +€23,314
up €23,314 (+40.7%), from €57,281 to €80,595
- Tax, wage and social debts -€4,620
down €4,620 (-71.4%), from €6,470 to €1,850
of which Remuneration and social security: -€4,620
- Current portion of long-term debt -€2,774
no longer reported in 2024 (was €2,774)
- Gross operating margin +€24,861
up €24,861 (+105%), from €23,651 to €48,512
- Taxes +€6,676
up €6,676 (+274%), from €2,436 to €9,112
- Other operating charges -€5,255
down €5,255 (-23.0%), from €22,839 to €17,584
- Financial income +€862
up €862 (+28.3%), from €3,042 to €3,903
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €157,155 | €223,827 | +€66,673 | +42.4% |
| Fixed assets | 21/28 | €113 | €1,170 | +€1,058 | +939% |
| Tangible fixed assets | 22/27 | - | €1,058 | +€1,058 | |
| Furniture and vehicles | 24 | - | €1,058 | +€1,058 | |
| Financial fixed assets | 28 | €113 | €113 | = | 0.0% |
| Current assets | 29/58 | €157,042 | €222,657 | +€65,615 | +41.8% |
| Amounts receivable within one year | 40/41 | €156,731 | €217,150 | +€60,419 | +38.5% |
| Trade receivables | 40 | €93,005 | €146,481 | +€53,476 | +57.5% |
| Other amounts receivable | 41 | €63,726 | €70,669 | +€6,943 | +10.9% |
| Cash at bank and in hand | 54/58 | - | €5,281 | +€5,281 | |
| Deferred charges and accrued income | 490/1 | €311 | €226 | -€85 | -27.2% |
| Total equity and liabilities | 10/49 | €157,155 | €223,827 | +€66,673 | +42.4% |
| Equity | 10/15 | €58,431 | €81,745 | +€23,314 | +39.9% |
| Contributions | 10/11 | €1,150 | €1,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,281 | €80,595 | +€23,314 | +40.7% |
| Amounts payable | 17/49 | €98,723 | €142,082 | +€43,359 | +43.9% |
| Amounts payable within one year | 42/48 | €98,723 | €142,082 | +€43,359 | +43.9% |
| Current portion of amounts payable after more than one year | 42 | €2,774 | - | -€2,774 | |
| Trade debts | 44 | €89,479 | €140,232 | +€50,753 | +56.7% |
| Suppliers | 440/4 | €89,479 | €140,232 | +€50,753 | +56.7% |
| Taxes, remuneration and social security | 45 | €6,470 | €1,850 | -€4,620 | -71.4% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €6,470 | €1,850 | -€4,620 | -71.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €165 | +€165 | |
| Other operating charges | 640/8 | €22,839 | €17,584 | -€5,255 | -23.0% |
| Gross operating margin | 9900 | €23,651 | €48,512 | +€24,861 | +105% |
| Operating profit (loss) | 9901 | €812 | €30,763 | +€29,951 | +3,689% |
| Financial income | 75/76B | €3,042 | €3,903 | +€862 | +28.3% |
| Recurring financial income | 75 | €3,042 | €3,903 | +€862 | +28.3% |
| Financial charges | 65/66B | €2,145 | €2,241 | +€96 | +4.5% |
| Recurring financial charges | 65 | €2,145 | €2,241 | +€96 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | €1,709 | €32,426 | +€30,717 | +1,797% |
| Income taxes | 67/77 | €2,436 | €9,112 | +€6,676 | +274% |
| Profit (loss) for the period | 9904 | -€727 | €23,314 | +€24,041 | |
| Profit (loss) for the period to be appropriated | 9905 | -€727 | €23,314 | +€24,041 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.