De Meubelmakerij: 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.
De Meubelmakerij
Largest movements
- Cash -€33,195
down €33,195 (-94.7%), from €35,041 to €1,846
mainly Receivables within one year (-€31,000) and Other debts (-€26,889)
- Receivables within one year +€31,000
up €31,000 (+37.5%), from €82,611 to €113,611
of which Trade receivables: +€25,070
- Tangible fixed assets -€10,626
down €10,626 (-16.0%), from €66,604 to €55,978
of which Plant, machinery and equipment: -€6,548
- Intangible fixed assets -€6,703
down €6,703 (-29.9%), from €22,431 to €15,728
- Stocks and contracts -€2,709
down €2,709 (-11.3%), from €24,043 to €21,334
- Other debts -€26,889
down €26,889 (-67.9%), from €39,617 to €12,728
- Current portion of long-term debt +€4,549
up €4,549 (+68.5%), from €6,643 to €11,192
- Trade debts -€3,483
down €3,483 (-6.0%), from €58,084 to €54,601
- Staff costs -€13,517
down €13,517, from €12,649 to -€868
- Gross operating margin -€7,106
down €7,106 (-15.2%), from €46,728 to €39,622
- Depreciation +€1,472
up €1,472 (+4.6%), from €31,707 to €33,179
- Financial charges -€585
down €585 (-11.8%), from €4,963 to €4,378
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 | €242,317 | €218,811 | -€23,506 | -9.7% |
| Fixed assets | 21/28 | €89,035 | €71,706 | -€17,329 | -19.5% |
| Intangible fixed assets | 21 | €22,431 | €15,728 | -€6,703 | -29.9% |
| Tangible fixed assets | 22/27 | €66,604 | €55,978 | -€10,626 | -16.0% |
| Plant, machinery and equipment | 23 | €57,521 | €50,973 | -€6,548 | -11.4% |
| Furniture and vehicles | 24 | €5,345 | €3,279 | -€2,066 | -38.7% |
| Other tangible fixed assets | 26 | €3,738 | €1,726 | -€2,012 | -53.8% |
| Current assets | 29/58 | €153,282 | €147,105 | -€6,177 | -4.0% |
| Stocks and contracts in progress | 3 | €24,043 | €21,334 | -€2,709 | -11.3% |
| Stocks | 30/36 | €24,043 | €21,334 | -€2,709 | -11.3% |
| Amounts receivable within one year | 40/41 | €82,611 | €113,611 | +€31,000 | +37.5% |
| Trade receivables | 40 | €80,670 | €105,740 | +€25,070 | +31.1% |
| Other amounts receivable | 41 | €1,941 | €7,871 | +€5,930 | +306% |
| Current investments | 50/53 | €500 | €500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €35,041 | €1,846 | -€33,195 | -94.7% |
| Deferred charges and accrued income | 490/1 | €11,087 | €9,814 | -€1,273 | -11.5% |
| Total equity and liabilities | 10/49 | €242,317 | €218,811 | -€23,506 | -9.7% |
| Equity | 10/15 | €38,009 | €40,317 | +€2,308 | +6.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €28,009 | €30,317 | +€2,308 | +8.2% |
| Distributable reserves | 133 | €28,009 | €30,317 | +€2,308 | +8.2% |
| Amounts payable | 17/49 | €204,308 | €178,494 | -€25,814 | -12.6% |
| Amounts payable after more than one year | 17 | €94,899 | €95,783 | +€884 | +0.9% |
| Financial debts | 170/4 | €94,899 | €95,783 | +€884 | +0.9% |
| Amounts payable within one year | 42/48 | €104,659 | €78,521 | -€26,138 | -25.0% |
| Current portion of amounts payable after more than one year | 42 | €6,643 | €11,192 | +€4,549 | +68.5% |
| Trade debts | 44 | €58,084 | €54,601 | -€3,483 | -6.0% |
| Suppliers | 440/4 | €58,084 | €54,601 | -€3,483 | -6.0% |
| Taxes, remuneration and social security | 45 | €315 | - | -€315 | |
| Taxes | 450/3 | €315 | - | -€315 | |
| Other amounts payable | 47/48 | €39,617 | €12,728 | -€26,889 | -67.9% |
| Accrued charges and deferred income | 492/3 | €4,750 | €4,190 | -€560 | -11.8% |
| Non-recurring operating income | 76A | - | €4,132 | +€4,132 | |
| Remuneration, social security and pensions | 62 | €12,649 | -€868 | -€13,517 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,707 | €33,179 | +€1,472 | +4.6% |
| Other operating charges | 640/8 | €1,102 | €804 | -€298 | -27.0% |
| Gross operating margin | 9900 | €46,728 | €39,622 | -€7,106 | -15.2% |
| Operating profit (loss) | 9901 | €1,270 | €6,507 | +€5,237 | +412% |
| Financial income | 75/76B | €19 | €180 | +€161 | +847% |
| Recurring financial income | 75 | €19 | €180 | +€161 | +847% |
| Financial charges | 65/66B | €4,963 | €4,378 | -€585 | -11.8% |
| Recurring financial charges | 65 | €4,963 | €4,378 | -€585 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,674 | €2,309 | +€5,983 | |
| Profit (loss) for the period | 9904 | -€3,674 | €2,309 | +€5,983 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,674 | €2,309 | +€5,983 |
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.