BF 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.
BF MENUISERIE
Largest movements
- Tangible fixed assets -€3,768
down €3,768 (-28.3%), from €13,311 to €9,544
of which Furniture and vehicles: -€2,197
- Stocks and contracts -€2,834
down €2,834 (-34.2%), from €8,296 to €5,462
- Cash +€2,283
up €2,283 (+143%), from €1,596 to €3,878
mainly Short-term financial debts (+€9,486) and Depreciation (+€3,768)
- Receivables within one year +€811
up €811 (+19.2%), from €4,215 to €5,026
of which Trade receivables: +€3,023
- Profit (loss) carried forward -€12,401
down €12,401 (-15.7%), from -€79,103 to -€91,504
- Short-term financial debts +€9,486
up €9,486 (+2,294%), from €414 to €9,899
- Debts after one year -€3,244
down €3,244 (-4.0%), from €81,778 to €78,533
- Other debts +€1,611
up €1,611 (+21.0%), from €7,652 to €9,262
- Trade debts +€1,258
up €1,258 (+67.7%), from €1,859 to €3,117
- Gross operating margin -€4,338
down €4,338, from €4,333 to -€6
- Financial charges +€929
up €929 (+13.0%), from €7,127 to €8,056
- Depreciation +€268
up €268 (+7.7%), from €3,499 to €3,768
- Other operating charges +€60
up €60 (+11.7%), from €512 to €573
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 | €27,773 | €24,412 | -€3,361 | -12.1% |
| Fixed assets | 21/28 | €13,311 | €9,544 | -€3,768 | -28.3% |
| Tangible fixed assets | 22/27 | €13,311 | €9,544 | -€3,768 | -28.3% |
| Land and buildings | 22 | €5,222 | €3,680 | -€1,541 | -29.5% |
| Plant, machinery and equipment | 23 | €29 | - | -€29 | |
| Furniture and vehicles | 24 | €8,061 | €5,863 | -€2,197 | -27.3% |
| Current assets | 29/58 | €14,462 | €14,869 | +€407 | +2.8% |
| Stocks and contracts in progress | 3 | €8,296 | €5,462 | -€2,834 | -34.2% |
| Stocks | 30/36 | €8,296 | €5,462 | -€2,834 | -34.2% |
| Amounts receivable within one year | 40/41 | €4,215 | €5,026 | +€811 | +19.2% |
| Trade receivables | 40 | €1,580 | €4,603 | +€3,023 | +191% |
| Other amounts receivable | 41 | €2,635 | €423 | -€2,212 | -84.0% |
| Cash at bank and in hand | 54/58 | €1,596 | €3,878 | +€2,283 | +143% |
| Deferred charges and accrued income | 490/1 | €355 | €503 | +€147 | +41.4% |
| Total equity and liabilities | 10/49 | €27,773 | €24,412 | -€3,361 | -12.1% |
| Equity | 10/15 | -€67,243 | -€79,644 | -€12,401 | -18.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€79,103 | -€91,504 | -€12,401 | -15.7% |
| Amounts payable | 17/49 | €95,016 | €104,056 | +€9,040 | +9.5% |
| Amounts payable after more than one year | 17 | €81,778 | €78,533 | -€3,244 | -4.0% |
| Financial debts | 170/4 | €81,778 | €78,533 | -€3,244 | -4.0% |
| Amounts payable within one year | 42/48 | €13,238 | €25,523 | +€12,285 | +92.8% |
| Current portion of amounts payable after more than one year | 42 | €2,985 | €3,244 | +€260 | +8.7% |
| Financial debts | 43 | €414 | €9,899 | +€9,486 | +2,294% |
| Credit institutions | 430/8 | €414 | €9,899 | +€9,486 | +2,294% |
| Trade debts | 44 | €1,859 | €3,117 | +€1,258 | +67.7% |
| Suppliers | 440/4 | €1,859 | €3,117 | +€1,258 | +67.7% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €330 | - | -€330 | |
| Taxes | 450/3 | €330 | - | -€330 | |
| Other amounts payable | 47/48 | €7,652 | €9,262 | +€1,611 | +21.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,499 | €3,768 | +€268 | +7.7% |
| Other operating charges | 640/8 | €512 | €573 | +€60 | +11.7% |
| Non-recurring operating charges | 66A | €220 | - | -€220 | |
| Gross operating margin | 9900 | €4,333 | -€6 | -€4,338 | |
| Operating profit (loss) | 9901 | €101 | -€4,346 | -€4,447 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €7,127 | €8,056 | +€929 | +13.0% |
| Recurring financial charges | 65 | €7,127 | €8,056 | +€929 | +13.0% |
| Profit (loss) for the period before taxes | 9903 | -€7,025 | -€12,401 | -€5,376 | -76.5% |
| Profit (loss) for the period | 9904 | -€7,025 | -€12,401 | -€5,376 | -76.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,025 | -€12,401 | -€5,376 | -76.5% |
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 13 October 2026 via checked.be.