ARTNOW MENUISERIE: what changed
ARTNOW MENUISERIE
Largest movements
- Receivables within one year -€10,615
down €10,615 (-41.2%), from €25,779 to €15,163
of which Trade receivables: -€10,722
- Cash +€3,399
up €3,399 (+22.4%), from €15,147 to €18,546
mainly Receivables within one year (+€10,615) and Trade debts (+€3,540)
- Profit (loss) carried forward -€11,006
down €11,006 (-29.4%), from €37,458 to €26,453
- Trade debts +€3,540
up €3,540 (+441%), from €803 to €4,343
- Other debts +€720
up €720 (+8.7%), from €8,295 to €9,015
- Gross operating margin -€56,793
down €56,793, from €50,175 to -€6,618
- Taxes -€9,365
down €9,365, from €9,365 to -€0
- Depreciation +€553
up €553 (+22.7%), from €2,439 to €2,993
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €48,556 | €41,811 | -€6,746 | -13.9% |
| Fixed assets | 21/28 | €5,281 | €5,429 | +€148 | +2.8% |
| Tangible fixed assets | 22/27 | €5,281 | €5,429 | +€148 | +2.8% |
| Plant, machinery and equipment | 23 | €4,244 | €2,105 | -€2,140 | -50.4% |
| Furniture and vehicles | 24 | - | €2,613 | +€2,613 | |
| Other tangible fixed assets | 26 | €1,037 | €711 | -€325 | -31.4% |
| Current assets | 29/58 | €43,275 | €36,382 | -€6,893 | -15.9% |
| Stocks and contracts in progress | 3 | €2,350 | €2,600 | +€250 | +10.6% |
| Stocks | 30/36 | €2,350 | €2,600 | +€250 | +10.6% |
| Amounts receivable within one year | 40/41 | €25,779 | €15,163 | -€10,615 | -41.2% |
| Trade receivables | 40 | €21,141 | €10,419 | -€10,722 | -50.7% |
| Other amounts receivable | 41 | €4,638 | €4,745 | +€107 | +2.3% |
| Cash at bank and in hand | 54/58 | €15,147 | €18,546 | +€3,399 | +22.4% |
| Deferred charges and accrued income | 490/1 | - | €73 | +€73 | |
| Total equity and liabilities | 10/49 | €48,556 | €41,811 | -€6,746 | -13.9% |
| Equity | 10/15 | €39,458 | €28,453 | -€11,006 | -27.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,458 | €26,453 | -€11,006 | -29.4% |
| Amounts payable | 17/49 | €9,098 | €13,358 | +€4,260 | +46.8% |
| Amounts payable within one year | 42/48 | €9,098 | €13,358 | +€4,260 | +46.8% |
| Trade debts | 44 | €803 | €4,343 | +€3,540 | +441% |
| Suppliers | 440/4 | €803 | €4,343 | +€3,540 | +441% |
| Other amounts payable | 47/48 | €8,295 | €9,015 | +€720 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,439 | €2,993 | +€553 | +22.7% |
| Other operating charges | 640/8 | €867 | €416 | -€450 | -52.0% |
| Gross operating margin | 9900 | €50,175 | -€6,618 | -€56,793 | |
| Operating profit (loss) | 9901 | €46,868 | -€10,027 | -€56,895 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €45 | €54 | +€9 | +19.9% |
| Recurring financial charges | 65 | €45 | €54 | +€9 | +19.9% |
| Profit (loss) for the period before taxes | 9903 | €46,823 | -€10,081 | -€56,904 | |
| Income taxes | 67/77 | €9,365 | -€0 | -€9,365 | |
| Profit (loss) for the period | 9904 | €37,458 | -€10,080 | -€47,539 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,458 | -€10,080 | -€47,539 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.