CAC-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.
CAC-MENUISERIE
Largest movements
- Cash -€20,201
down €20,201 (-72.4%), from €27,884 to €7,682
mainly Net result for the year (-€73,424) and Tax, wage and social debts (-€20,487)
- Receivables within one year -€8,799
down €8,799 (-12.4%), from €70,768 to €61,970
of which Trade receivables: -€8,977
- Tangible fixed assets -€4,195
down €4,195 (-23.3%), from €17,977 to €13,782
of which Furniture and vehicles: -€2,503
- Profit (loss) carried forward -€73,424
down €73,424, from €26,377 to -€47,047
- Trade debts +€57,153
up €57,153 (+582%), from €9,824 to €66,977
- Tax, wage and social debts -€20,487
down €20,487 (-75.0%), from €27,331 to €6,843
of which Taxes: -€19,058
- Other debts +€11,740
up €11,740 (+69.2%), from €16,971 to €28,711
- Current portion of long-term debt -€8,326
down €8,326 (-65.8%), from €12,657 to €4,331
- Gross operating margin -€121,167
down €121,167, from €70,145 to -€51,022
- Write-downs -€43,524
down €43,524 (-93.6%), from €46,494 to €2,970
- Staff costs -€2,333
down €2,333 (-22.6%), from €10,309 to €7,976
- Taxes -€1,429
down €1,429 (-91.0%), from €1,570 to €141
- Other operating charges +€1,376
up €1,376 (+103%), from €1,341 to €2,718
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 | €136,334 | €102,038 | -€34,296 | -25.2% |
| Fixed assets | 21/28 | €19,807 | €15,612 | -€4,195 | -21.2% |
| Tangible fixed assets | 22/27 | €17,977 | €13,782 | -€4,195 | -23.3% |
| Land and buildings | 22 | €12,046 | €11,185 | -€860 | -7.1% |
| Plant, machinery and equipment | 23 | €2,275 | €1,548 | -€727 | -32.0% |
| Furniture and vehicles | 24 | €3,552 | €1,049 | -€2,503 | -70.5% |
| Leasing and similar rights | 25 | €104 | - | -€104 | |
| Financial fixed assets | 28 | €1,830 | €1,830 | = | 0.0% |
| Current assets | 29/58 | €116,527 | €86,425 | -€30,101 | -25.8% |
| Stocks and contracts in progress | 3 | €16,354 | €16,354 | = | 0.0% |
| Stocks | 30/36 | €16,354 | €16,354 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €70,768 | €61,970 | -€8,799 | -12.4% |
| Trade receivables | 40 | €65,603 | €56,626 | -€8,977 | -13.7% |
| Other amounts receivable | 41 | €5,165 | €5,343 | +€178 | +3.4% |
| Cash at bank and in hand | 54/58 | €27,884 | €7,682 | -€20,201 | -72.4% |
| Deferred charges and accrued income | 490/1 | €1,520 | €419 | -€1,101 | -72.4% |
| Total equity and liabilities | 10/49 | €136,334 | €102,038 | -€34,296 | -25.2% |
| Equity | 10/15 | €52,423 | -€21,000 | -€73,424 | |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €7,496 | €7,496 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,873 | - | -€5,873 | |
| Reserves not available under the articles | 1311 | €5,873 | - | -€5,873 | |
| Distributable reserves | 133 | €1,624 | €7,496 | +€5,873 | +362% |
| Profit (loss) carried forward | 14 | €26,377 | -€47,047 | -€73,424 | |
| Amounts payable | 17/49 | €83,910 | €123,038 | +€39,128 | +46.6% |
| Amounts payable after more than one year | 17 | €16,674 | €12,341 | -€4,333 | -26.0% |
| Financial debts | 170/4 | €16,674 | €12,341 | -€4,333 | -26.0% |
| Amounts payable within one year | 42/48 | €66,783 | €110,190 | +€43,408 | +65.0% |
| Current portion of amounts payable after more than one year | 42 | €12,657 | €4,331 | -€8,326 | -65.8% |
| Financial debts | 43 | - | €3,328 | +€3,328 | |
| Credit institutions | 430/8 | - | €3,328 | +€3,328 | |
| Trade debts | 44 | €9,824 | €66,977 | +€57,153 | +582% |
| Suppliers | 440/4 | €9,824 | €66,977 | +€57,153 | +582% |
| Taxes, remuneration and social security | 45 | €27,331 | €6,843 | -€20,487 | -75.0% |
| Taxes | 450/3 | €24,521 | €5,463 | -€19,058 | -77.7% |
| Remuneration and social security | 454/9 | €2,809 | €1,380 | -€1,429 | -50.9% |
| Other amounts payable | 47/48 | €16,971 | €28,711 | +€11,740 | +69.2% |
| Accrued charges and deferred income | 492/3 | €454 | €506 | +€53 | +11.6% |
| Non-recurring operating income | 76A | - | €41,344 | +€41,344 | |
| Remuneration, social security and pensions | 62 | €10,309 | €7,976 | -€2,333 | -22.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,945 | €4,195 | -€750 | -15.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €46,494 | €2,970 | -€43,524 | -93.6% |
| Other operating charges | 640/8 | €1,341 | €2,718 | +€1,376 | +103% |
| Gross operating margin | 9900 | €70,145 | -€51,022 | -€121,167 | |
| Operating profit (loss) | 9901 | €7,056 | -€68,880 | -€75,936 | |
| Financial income | 75/76B | €14 | €10 | -€4 | -26.6% |
| Recurring financial income | 75 | €14 | €10 | -€4 | -26.6% |
| Financial charges | 65/66B | €3,770 | €4,413 | +€643 | +17.0% |
| Recurring financial charges | 65 | €3,770 | €4,413 | +€643 | +17.0% |
| Profit (loss) for the period before taxes | 9903 | €3,299 | -€73,283 | -€76,582 | |
| Income taxes | 67/77 | €1,570 | €141 | -€1,429 | -91.0% |
| Profit (loss) for the period | 9904 | €1,729 | -€73,424 | -€75,153 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,729 | -€73,424 | -€75,153 |
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 17 October 2026 via checked.be.