ALEX 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.
ALEX MENUISERIE
Largest movements
- Tangible fixed assets -€120,836
down €120,836 (-89.8%), from €134,611 to €13,775
- Receivables within one year -€50,916
down €50,916 (-29.3%), from €173,774 to €122,859
of which Other amounts receivable: -€54,375
- Cash -€50,228
down €50,228 (-98.4%), from €51,058 to €830
mainly Trade debts (-€152,179) and Contributions, distributions and other (-€35,000)
- Trade debts -€152,179
down €152,179 (-74.1%), from €205,461 to €53,282
- Profit (loss) carried forward -€60,143
down €60,143 (-81.2%), from €74,040 to €13,897
- Debts after one year -€13,658
down €13,658 (-28.5%), from €47,971 to €34,313
- Current portion of long-term debt +€7,069
up €7,069 (+35.0%), from €20,187 to €27,256
- Tax, wage and social debts -€3,668
down €3,668 (-41.8%), from €8,784 to €5,116
- Other operating charges +€69,272
up €69,272 (+4,528%), from €1,530 to €70,802
- Depreciation -€10,858
down €10,858 (-64.6%), from €16,819 to €5,960
- Taxes -€8,086
no longer reported in 2025 (was €8,086)
- Gross operating margin +€4,909
up €4,909 (+10.4%), from €47,294 to €52,203
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 | €359,443 | €137,464 | -€221,979 | -61.8% |
| Fixed assets | 21/28 | €134,611 | €13,775 | -€120,836 | -89.8% |
| Tangible fixed assets | 22/27 | €134,611 | €13,775 | -€120,836 | -89.8% |
| Furniture and vehicles | 24 | €134,611 | €13,775 | -€120,836 | -89.8% |
| Current assets | 29/58 | €224,832 | €123,688 | -€101,143 | -45.0% |
| Amounts receivable within one year | 40/41 | €173,774 | €122,859 | -€50,916 | -29.3% |
| Trade receivables | 40 | €119,399 | €122,859 | +€3,459 | +2.9% |
| Other amounts receivable | 41 | €54,375 | - | -€54,375 | |
| Cash at bank and in hand | 54/58 | €51,058 | €830 | -€50,228 | -98.4% |
| Total equity and liabilities | 10/49 | €359,443 | €137,464 | -€221,979 | -61.8% |
| Equity | 10/15 | €77,040 | €16,897 | -€60,143 | -78.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,040 | €13,897 | -€60,143 | -81.2% |
| Amounts payable | 17/49 | €282,402 | €120,566 | -€161,836 | -57.3% |
| Amounts payable after more than one year | 17 | €47,971 | €34,313 | -€13,658 | -28.5% |
| Financial debts | 170/4 | €47,971 | €34,313 | -€13,658 | -28.5% |
| Amounts payable within one year | 42/48 | €234,432 | €86,253 | -€148,178 | -63.2% |
| Current portion of amounts payable after more than one year | 42 | €20,187 | €27,256 | +€7,069 | +35.0% |
| Trade debts | 44 | €205,461 | €53,282 | -€152,179 | -74.1% |
| Suppliers | 440/4 | €205,461 | €53,282 | -€152,179 | -74.1% |
| Taxes, remuneration and social security | 45 | €8,784 | €5,116 | -€3,668 | -41.8% |
| Taxes | 450/3 | €8,784 | €5,116 | -€3,668 | -41.8% |
| Other amounts payable | 47/48 | - | €600 | +€600 | |
| Non-recurring operating income | 76A | €100 | - | -€100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,819 | €5,960 | -€10,858 | -64.6% |
| Other operating charges | 640/8 | €1,530 | €70,802 | +€69,272 | +4,528% |
| Gross operating margin | 9900 | €47,294 | €52,203 | +€4,909 | +10.4% |
| Operating profit (loss) | 9901 | €28,946 | -€24,559 | -€53,504 | |
| Financial income | 75/76B | €10 | €211 | +€201 | +2,007% |
| Recurring financial income | 75 | €10 | €211 | +€201 | +2,007% |
| Financial charges | 65/66B | €1,129 | €795 | -€333 | -29.5% |
| Recurring financial charges | 65 | €1,129 | €795 | -€333 | -29.5% |
| Profit (loss) for the period before taxes | 9903 | €27,827 | -€25,143 | -€52,970 | |
| Income taxes | 67/77 | €8,086 | - | -€8,086 | |
| Profit (loss) for the period | 9904 | €19,741 | -€25,143 | -€44,884 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,741 | -€25,143 | -€44,884 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.