CUISMO EURO: what changed
What changed
CUISMO EURO
NACE 31.002, Manufacture of furniture
filed annual accounts (NBB)
Net result for the year
€4,775
2024 · €5,271-€496
Equity
€61,364
2024 · €56,588+€4,775
Cash
€28,559
2024 · €12,011+€16,549
Balance sheet total
€157,881
2024 · €197,346-€39,465
Largest movements
Assets
- Tangible fixed assets -€41,363
down €41,363 (-35.8%), from €115,529 to €74,166
of which Furniture and vehicles: -€30,979
- Receivables within one year -€21,253
down €21,253 (-33.2%), from €64,046 to €42,793
of which Trade receivables: -€16,583
- Cash +€16,549
up €16,549 (+138%), from €12,011 to €28,559
mainly Depreciation (+€39,931) and Receivables within one year (+€21,253)
- Deferred charges and accrued income +€3,522
new in 2025: €3,522
- Stocks and contracts +€3,080
up €3,080 (+62.9%), from €4,897 to €7,977
Equity and liabilities
- Accrued charges and deferred income -€19,507
down €19,507 (-92.6%), from €21,075 to €1,568
- Current portion of long-term debt -€16,376
down €16,376 (-74.6%), from €21,947 to €5,571
- Debts after one year -€6,270
down €6,270 (-22.0%), from €28,556 to €22,286
- Profit (loss) carried forward +€4,775
up €4,775 (+61.1%), from -€7,814 to -€3,038
- Advances received +€3,976
new in 2025: €3,976
Income statement
- Staff costs -€12,109
down €12,109 (-29.8%), from €40,677 to €28,567
- Other operating charges -€11,552
no longer reported in 2025 (was €11,552)
- Gross operating margin -€10,262
down €10,262 (-10.9%), from €94,071 to €83,809
- Depreciation +€5,649
up €5,649 (+16.5%), from €34,283 to €39,931
- Taxes +€3,311
up €3,311 (+113%), from €2,940 to €6,250
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.
Result 2024
€5,271
Gross operating margin
-€10,262
Staff costs
+€12,109
Depreciation
-€5,649
Other operating charges
+€11,552
Other operating items
-€1,432
Financial income
-€926
Financial charges
-€2,578
Taxes
-€3,311
Result 2025
€4,775
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€37,763
Investment
+€1,432
Financing
-€22,646
Cash 2024
€12,011
From operations (derived)
+€37,763
Net result for the year
+€4,775
Depreciation
+€39,931
Stocks and contracts
-€3,080
Receivables within one year
+€21,253
Deferred charges and accrued income
-€3,522
Trade debts
-€3,503
Tax, wage and social debts
-€2,560
Advances received
+€3,976
Accrued charges and deferred income
-€19,507
Investment (derived)
+€1,432
Investment in fixed assets (net)
+€1,432
Financing
-€22,646
Debts after one year
-€6,270
Current portion of long-term debt
-€16,376
Cash 2025
€28,559
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €197,346 | €157,881 | -€39,465 | -20.0% |
| Fixed assets | 21/28 | €116,392 | €75,029 | -€41,363 | -35.5% |
| Tangible fixed assets | 22/27 | €115,529 | €74,166 | -€41,363 | -35.8% |
| Land and buildings | 22 | €5,237 | €5,237 | = | 0.0% |
| Plant, machinery and equipment | 23 | €54,307 | €43,923 | -€10,384 | -19.1% |
| Furniture and vehicles | 24 | €55,985 | €25,006 | -€30,979 | -55.3% |
| Financial fixed assets | 28 | €863 | €863 | = | 0.0% |
| Current assets | 29/58 | €80,954 | €82,851 | +€1,897 | +2.3% |
| Stocks and contracts in progress | 3 | €4,897 | €7,977 | +€3,080 | +62.9% |
| Stocks | 30/36 | €4,897 | €7,977 | +€3,080 | +62.9% |
| Amounts receivable within one year | 40/41 | €64,046 | €42,793 | -€21,253 | -33.2% |
| Trade receivables | 40 | €33,885 | €17,302 | -€16,583 | -48.9% |
| Other amounts receivable | 41 | €30,161 | €25,491 | -€4,671 | -15.5% |
| Cash at bank and in hand | 54/58 | €12,011 | €28,559 | +€16,549 | +138% |
| Deferred charges and accrued income | 490/1 | - | €3,522 | +€3,522 | |
| Total equity and liabilities | 10/49 | €197,346 | €157,881 | -€39,465 | -20.0% |
| Equity | 10/15 | €56,588 | €61,364 | +€4,775 | +8.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €2,402 | €2,402 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,402 | €2,402 | = | 0.0% |
| Legal reserve | 130 | €2,402 | €2,402 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,814 | -€3,038 | +€4,775 | +61.1% |
| Amounts payable | 17/49 | €140,758 | €96,517 | -€44,241 | -31.4% |
| Amounts payable after more than one year | 17 | €28,556 | €22,286 | -€6,270 | -22.0% |
| Financial debts | 170/4 | €28,556 | €22,286 | -€6,270 | -22.0% |
| Amounts payable within one year | 42/48 | €91,127 | €72,663 | -€18,464 | -20.3% |
| Current portion of amounts payable after more than one year | 42 | €21,947 | €5,571 | -€16,376 | -74.6% |
| Trade debts | 44 | €12,178 | €8,675 | -€3,503 | -28.8% |
| Suppliers | 440/4 | €12,178 | €8,675 | -€3,503 | -28.8% |
| Advances received on contracts in progress | 46 | - | €3,976 | +€3,976 | |
| Taxes, remuneration and social security | 45 | €30,707 | €28,147 | -€2,560 | -8.3% |
| Taxes | 450/3 | €19,504 | €18,125 | -€1,379 | -7.1% |
| Remuneration and social security | 454/9 | €11,203 | €10,022 | -€1,181 | -10.5% |
| Other amounts payable | 47/48 | €26,294 | €26,294 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €21,075 | €1,568 | -€19,507 | -92.6% |
| Non-recurring operating income | 76A | - | €492 | +€492 | |
| Remuneration, social security and pensions | 62 | €40,677 | €28,567 | -€12,109 | -29.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,283 | €39,931 | +€5,649 | +16.5% |
| Other operating charges | 640/8 | €11,552 | - | -€11,552 | |
| Non-recurring operating charges | 66A | - | €1,432 | +€1,432 | |
| Gross operating margin | 9900 | €94,071 | €83,809 | -€10,262 | -10.9% |
| Operating profit (loss) | 9901 | €7,560 | €13,879 | +€6,319 | +83.6% |
| Financial income | 75/76B | €969 | €43 | -€926 | -95.6% |
| Recurring financial income | 75 | €969 | €43 | -€926 | -95.6% |
| Financial charges | 65/66B | €318 | €2,896 | +€2,578 | +811% |
| Recurring financial charges | 65 | €318 | €2,896 | +€2,578 | +811% |
| Profit (loss) for the period before taxes | 9903 | €8,211 | €11,026 | +€2,815 | +34.3% |
| Income taxes | 67/77 | €2,940 | €6,250 | +€3,311 | +113% |
| Profit (loss) for the period | 9904 | €5,271 | €4,775 | -€496 | -9.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,271 | €4,775 | -€496 | -9.4% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 3 November 2026 via checked.be.