AB PLUS MENUISERIE: 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.
AB PLUS MENUISERIE
Largest movements
- Tangible fixed assets +€26,673
up €26,673 (+58.3%), from €45,747 to €72,420
of which Furniture and vehicles: +€15,580
- Cash +€14,298
up €14,298 (+16.9%), from €84,819 to €99,117
mainly Net result for the year (+€29,498) and Depreciation (+€9,234)
- Receivables within one year -€5,847
down €5,847 (-27.8%), from €21,064 to €15,217
of which Trade receivables: -€12,265
- Profit (loss) carried forward +€29,498
up €29,498 (+209.1%), from €14,110 to €43,608
- Accrued charges and deferred income +€8,885
up €8,885 (+21.5%), from €41,342 to €50,227
- Other debts -€7,292
down €7,292 (-52.5%), from €13,883 to €6,591
- Debts after one year +€4,667
up €4,667 (+33.7%), from €13,849 to €18,516
- Current portion of long-term debt -€1,984
down €1,984 (-29.8%), from €6,648 to €4,664
- Gross operating margin +€43,991
up €43,991 (+134.6%), from €32,688 to €76,679
- Taxes +€3,113
up €3,113 (+48.4%), from €6,432 to €9,545
- Financial charges +€2,009
up €2,009 (+175.8%), from €1,143 to €3,152
- Depreciation -€1,559
down €1,559 (-14.4%), from €10,793 to €9,234
- Other operating charges +€956
up €956 (+76.1%), from €1,256 to €2,212
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 | €152,990 | €189,012 | +€36,022 | +23.5% |
| Fixed assets | 21/28 | €46,697 | €73,370 | +€26,673 | +57.1% |
| Tangible fixed assets | 22/27 | €45,747 | €72,420 | +€26,673 | +58.3% |
| Plant, machinery and equipment | 23 | €19,134 | €20,152 | +€1,018 | +5.3% |
| Furniture and vehicles | 24 | €26,407 | €41,987 | +€15,580 | +59.0% |
| Other tangible fixed assets | 26 | €206 | €10,281 | +€10,075 | +4890.8% |
| Financial fixed assets | 28 | €950 | €950 | = | 0.0% |
| Current assets | 29/58 | €106,293 | €115,642 | +€9,349 | +8.8% |
| Amounts receivable within one year | 40/41 | €21,064 | €15,217 | -€5,847 | -27.8% |
| Trade receivables | 40 | €20,789 | €8,524 | -€12,265 | -59.0% |
| Other amounts receivable | 41 | €275 | €6,693 | +€6,418 | +2333.8% |
| Cash at bank and in hand | 54/58 | €84,819 | €99,117 | +€14,298 | +16.9% |
| Deferred charges and accrued income | 490/1 | €410 | €1,308 | +€898 | +219.0% |
| Total equity and liabilities | 10/49 | €152,990 | €189,012 | +€36,022 | +23.5% |
| Equity | 10/15 | €53,847 | €83,345 | +€29,498 | +54.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21,137 | €21,137 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €19,277 | €19,277 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,110 | €43,608 | +€29,498 | +209.1% |
| Amounts payable | 17/49 | €99,143 | €105,667 | +€6,524 | +6.6% |
| Amounts payable after more than one year | 17 | €13,849 | €18,516 | +€4,667 | +33.7% |
| Financial debts | 170/4 | €13,849 | €18,516 | +€4,667 | +33.7% |
| Amounts payable within one year | 42/48 | €43,952 | €36,924 | -€7,028 | -16.0% |
| Current portion of amounts payable after more than one year | 42 | €6,648 | €4,664 | -€1,984 | -29.8% |
| Financial debts | 43 | €32 | - | -€32 | |
| Credit institutions | 430/8 | €32 | - | -€32 | |
| Trade debts | 44 | €15,391 | €16,283 | +€892 | +5.8% |
| Suppliers | 440/4 | €15,391 | €16,251 | +€860 | +5.6% |
| Bills of exchange payable | 441 | - | €32 | +€32 | |
| Taxes, remuneration and social security | 45 | €7,998 | €9,386 | +€1,388 | +17.4% |
| Taxes | 450/3 | €7,998 | €9,386 | +€1,388 | +17.4% |
| Other amounts payable | 47/48 | €13,883 | €6,591 | -€7,292 | -52.5% |
| Accrued charges and deferred income | 492/3 | €41,342 | €50,227 | +€8,885 | +21.5% |
| Non-recurring operating income | 76A | - | €19,094 | +€19,094 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,793 | €9,234 | -€1,559 | -14.4% |
| Other operating charges | 640/8 | €1,256 | €2,212 | +€956 | +76.1% |
| Non-recurring operating charges | 66A | - | €25,682 | +€25,682 | |
| Gross operating margin | 9900 | €32,688 | €76,679 | +€43,991 | +134.6% |
| Operating profit (loss) | 9901 | €20,639 | €39,551 | +€18,912 | +91.6% |
| Financial income | 75/76B | €2,585 | €2,644 | +€59 | +2.3% |
| Recurring financial income | 75 | €2,585 | €2,644 | +€59 | +2.3% |
| Financial charges | 65/66B | €1,143 | €3,152 | +€2,009 | +175.8% |
| Recurring financial charges | 65 | €1,143 | €3,152 | +€2,009 | +175.8% |
| Profit (loss) for the period before taxes | 9903 | €22,081 | €39,043 | +€16,962 | +76.8% |
| Income taxes | 67/77 | €6,432 | €9,545 | +€3,113 | +48.4% |
| Profit (loss) for the period | 9904 | €15,649 | €29,498 | +€13,849 | +88.5% |
| Profit (loss) for the period to be appropriated | 9905 | €15,649 | €29,498 | +€13,849 | +88.5% |
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 10 October 2026 via checked.be.