CD 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.
CD MENUISERIE
Largest movements
- Cash +€42,940
up €42,940 (+24.2%), from €177,681 to €220,620
mainly Net result for the year (+€45,262) and Depreciation (+€40,934)
- Tangible fixed assets -€41,404
down €41,404 (-26.8%), from €154,344 to €112,940
of which Land and buildings: -€25,887
- Receivables within one year +€24,001
up €24,001 (+50.9%), from €47,191 to €71,192
of which Other amounts receivable: +€17,284
- Stocks and contracts -€9,708
down €9,708 (-33.9%), from €28,647 to €18,940
- Profit (loss) carried forward +€45,262
up €45,262 (+111%), from €40,877 to €86,138
- Trade debts +€27,299
up €27,299 (+133%), from €20,456 to €47,754
- Accrued charges and deferred income -€18,548
down €18,548 (-74.2%), from €25,004 to €6,456
- Reserves -€15,000
down €15,000 (-5.3%), from €285,077 to €270,077
- Debts after one year -€13,938
down €13,938 (-80.0%), from €17,415 to €3,478
- Gross operating margin -€7,528
down €7,528 (-6.0%), from €125,324 to €117,796
- Depreciation -€2,847
down €2,847 (-6.5%), from €43,782 to €40,934
- Taxes -€2,659
down €2,659 (-14.6%), from €18,186 to €15,527
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 | €416,146 | €429,762 | +€13,616 | +3.3% |
| Fixed assets | 21/28 | €154,529 | €113,125 | -€41,404 | -26.8% |
| Tangible fixed assets | 22/27 | €154,344 | €112,940 | -€41,404 | -26.8% |
| Land and buildings | 22 | €126,128 | €100,241 | -€25,887 | -20.5% |
| Plant, machinery and equipment | 23 | €3,721 | €1,480 | -€2,241 | -60.2% |
| Furniture and vehicles | 24 | €24,495 | €11,219 | -€13,276 | -54.2% |
| Financial fixed assets | 28 | €185 | €185 | = | 0.0% |
| Current assets | 29/58 | €261,616 | €316,636 | +€55,020 | +21.0% |
| Stocks and contracts in progress | 3 | €28,647 | €18,940 | -€9,708 | -33.9% |
| Stocks | 30/36 | €28,647 | €18,940 | -€9,708 | -33.9% |
| Amounts receivable within one year | 40/41 | €47,191 | €71,192 | +€24,001 | +50.9% |
| Trade receivables | 40 | €17,662 | €24,379 | +€6,717 | +38.0% |
| Other amounts receivable | 41 | €29,529 | €46,813 | +€17,284 | +58.5% |
| Cash at bank and in hand | 54/58 | €177,681 | €220,620 | +€42,940 | +24.2% |
| Deferred charges and accrued income | 490/1 | €8,097 | €5,884 | -€2,213 | -27.3% |
| Total equity and liabilities | 10/49 | €416,146 | €429,762 | +€13,616 | +3.3% |
| Equity | 10/15 | €325,954 | €356,216 | +€30,262 | +9.3% |
| Reserves | 13 | €285,077 | €270,077 | -€15,000 | -5.3% |
| Distributable reserves | 133 | €285,077 | €270,077 | -€15,000 | -5.3% |
| Profit (loss) carried forward | 14 | €40,877 | €86,138 | +€45,262 | +111% |
| Amounts payable | 17/49 | €90,192 | €73,546 | -€16,646 | -18.5% |
| Amounts payable after more than one year | 17 | €17,415 | €3,478 | -€13,938 | -80.0% |
| Financial debts | 170/4 | €17,415 | €3,478 | -€13,938 | -80.0% |
| Amounts payable within one year | 42/48 | €47,773 | €63,613 | +€15,840 | +33.2% |
| Current portion of amounts payable after more than one year | 42 | €16,686 | €13,938 | -€2,748 | -16.5% |
| Trade debts | 44 | €20,456 | €47,754 | +€27,299 | +133% |
| Suppliers | 440/4 | €20,456 | €47,754 | +€27,299 | +133% |
| Taxes, remuneration and social security | 45 | €10,631 | €1,920 | -€8,711 | -81.9% |
| Taxes | 450/3 | €10,631 | €1,920 | -€8,711 | -81.9% |
| Accrued charges and deferred income | 492/3 | €25,004 | €6,456 | -€18,548 | -74.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,782 | €40,934 | -€2,847 | -6.5% |
| Other operating charges | 640/8 | €7,981 | €7,519 | -€462 | -5.8% |
| Non-recurring operating charges | 66A | €4,027 | €7,212 | +€3,185 | +79.1% |
| Gross operating margin | 9900 | €125,324 | €117,796 | -€7,528 | -6.0% |
| Operating profit (loss) | 9901 | €69,533 | €62,130 | -€7,403 | -10.6% |
| Financial income | 75/76B | €168 | €93 | -€75 | -44.7% |
| Recurring financial income | 75 | €168 | €93 | -€75 | -44.7% |
| Financial charges | 65/66B | €2,280 | €1,434 | -€846 | -37.1% |
| Recurring financial charges | 65 | €2,280 | €1,434 | -€846 | -37.1% |
| Profit (loss) for the period before taxes | 9903 | €67,421 | €60,789 | -€6,632 | -9.8% |
| Income taxes | 67/77 | €18,186 | €15,527 | -€2,659 | -14.6% |
| Profit (loss) for the period | 9904 | €49,235 | €45,262 | -€3,974 | -8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €49,235 | €45,262 | -€3,974 | -8.1% |
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 19 October 2026 via checked.be.