CF MEUBLES: what changed
CF MEUBLES
Largest movements
- Receivables within one year +€76,164
up €76,164 (+26.9%), from €282,710 to €358,874
of which Other amounts receivable: +€158,830
- Stocks and contracts -€57,285
down €57,285 (-12.7%), from €451,151 to €393,866
- Tangible fixed assets -€20,943
down €20,943 (-30.0%), from €69,711 to €48,768
- Deferred charges and accrued income -€12,651
down €12,651 (-63.7%), from €19,852 to €7,201
- Cash +€11,227
up €11,227 (+54.2%), from €20,724 to €31,950
mainly Stocks and contracts (+€57,285) and Trade debts (+€55,883)
- Other debts -€59,690
down €59,690 (-98.9%), from €60,341 to €651
- Trade debts +€55,883
up €55,883 (+106%), from €52,568 to €108,451
- Advances received +€28,217
up €28,217 (+38.4%), from €73,427 to €101,644
- Tax, wage and social debts -€22,794
down €22,794 (-40.1%), from €56,794 to €34,000
of which Remuneration and social security: -€16,197
- Debts after one year -€8,975
down €8,975 (-51.3%), from €17,502 to €8,527
- Staff costs -€62,138
down €62,138 (-17.6%), from €353,195 to €291,056
- Other operating charges +€9,504
up €9,504 (+88.1%), from €10,789 to €20,293
- Financial income -€7,883
down €7,883 (-22.0%), from €35,850 to €27,967
- Gross operating margin +€7,421
up €7,421 (+2.0%), from €375,244 to €382,665
- Depreciation +€4,133
up €4,133 (+24.6%), from €16,810 to €20,943
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 | €844,936 | €841,364 | -€3,571 | -0.4% |
| Fixed assets | 21/28 | €70,417 | €49,474 | -€20,943 | -29.7% |
| Tangible fixed assets | 22/27 | €69,711 | €48,768 | -€20,943 | -30.0% |
| Plant, machinery and equipment | 23 | €13,508 | €7,890 | -€5,618 | -41.6% |
| Furniture and vehicles | 24 | €42,773 | €33,536 | -€9,237 | -21.6% |
| Other tangible fixed assets | 26 | €13,429 | €7,341 | -€6,088 | -45.3% |
| Financial fixed assets | 28 | €706 | €706 | = | 0.0% |
| Current assets | 29/58 | €774,519 | €791,891 | +€17,372 | +2.2% |
| Stocks and contracts in progress | 3 | €451,151 | €393,866 | -€57,285 | -12.7% |
| Stocks | 30/36 | €451,151 | €393,866 | -€57,285 | -12.7% |
| Amounts receivable within one year | 40/41 | €282,710 | €358,874 | +€76,164 | +26.9% |
| Trade receivables | 40 | €177,632 | €94,966 | -€82,667 | -46.5% |
| Other amounts receivable | 41 | €105,078 | €263,908 | +€158,830 | +151% |
| Current investments | 50/53 | €82 | €0 | -€82 | -100% |
| Cash at bank and in hand | 54/58 | €20,724 | €31,950 | +€11,227 | +54.2% |
| Deferred charges and accrued income | 490/1 | €19,852 | €7,201 | -€12,651 | -63.7% |
| Total equity and liabilities | 10/49 | €844,936 | €841,364 | -€3,571 | -0.4% |
| Equity | 10/15 | €554,957 | €558,287 | +€3,329 | +0.6% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €504,957 | €508,287 | +€3,329 | +0.7% |
| Distributable reserves | 133 | €504,957 | €508,287 | +€3,329 | +0.7% |
| Amounts payable | 17/49 | €289,978 | €283,078 | -€6,901 | -2.4% |
| Amounts payable after more than one year | 17 | €17,502 | €8,527 | -€8,975 | -51.3% |
| Financial debts | 170/4 | €17,502 | €8,527 | -€8,975 | -51.3% |
| Amounts payable within one year | 42/48 | €272,477 | €274,551 | +€2,074 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €8,646 | €8,975 | +€329 | +3.8% |
| Financial debts | 43 | €20,701 | €20,830 | +€129 | +0.6% |
| Credit institutions | 430/8 | €20,701 | €20,830 | +€129 | +0.6% |
| Trade debts | 44 | €52,568 | €108,451 | +€55,883 | +106% |
| Suppliers | 440/4 | €52,568 | €108,451 | +€55,883 | +106% |
| Advances received on contracts in progress | 46 | €73,427 | €101,644 | +€28,217 | +38.4% |
| Taxes, remuneration and social security | 45 | €56,794 | €34,000 | -€22,794 | -40.1% |
| Taxes | 450/3 | €17,623 | €11,026 | -€6,597 | -37.4% |
| Remuneration and social security | 454/9 | €39,171 | €22,974 | -€16,197 | -41.3% |
| Other amounts payable | 47/48 | €60,341 | €651 | -€59,690 | -98.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €28,867 | €137,219 | +€108,351 | +375% |
| Remuneration, social security and pensions | 62 | €353,195 | €291,056 | -€62,138 | -17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,810 | €20,943 | +€4,133 | +24.6% |
| Other operating charges | 640/8 | €10,789 | €20,293 | +€9,504 | +88.1% |
| Non-recurring operating charges | 66A | €18,129 | €63,138 | +€45,009 | +248% |
| Gross operating margin | 9900 | €375,244 | €382,665 | +€7,421 | +2.0% |
| Operating profit (loss) | 9901 | -€23,679 | -€12,766 | +€10,913 | +46.1% |
| Financial income | 75/76B | €35,850 | €27,967 | -€7,883 | -22.0% |
| Recurring financial income | 75 | €35,850 | €27,967 | -€7,883 | -22.0% |
| Financial charges | 65/66B | €9,755 | €8,869 | -€886 | -9.1% |
| Recurring financial charges | 65 | €9,755 | €8,869 | -€886 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €2,416 | €6,332 | +€3,917 | +162% |
| Income taxes | 67/77 | €2,354 | €3,003 | +€649 | +27.6% |
| Profit (loss) for the period | 9904 | €61 | €3,329 | +€3,268 | +5,322% |
| Profit (loss) for the period to be appropriated | 9905 | €61 | €3,329 | +€3,268 | +5,322% |
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 8 November 2026 via checked.be.