DH 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.
DH Menuiserie
Largest movements
- Stocks and contracts -€192,811
down €192,811 (-91.4%), from €211,026 to €18,215
- Cash -€20,530
down €20,530 (-61.8%), from €33,246 to €12,716
mainly Debts after one year (-€166,688) and Trade debts (-€17,552)
- Tangible fixed assets -€8,344
down €8,344 (-5.9%), from €141,983 to €133,639
of which Land and buildings: -€4,294
- Receivables within one year +€6,024
up €6,024 (+7.5%), from €80,677 to €86,701
of which Other amounts receivable: +€7,652
- Debts after one year -€166,688
down €166,688 (-67.7%), from €246,280 to €79,592
- Trade debts -€17,552
down €17,552 (-27.3%), from €64,334 to €46,782
- Tax, wage and social debts -€17,101
down €17,101 (-48.1%), from €35,547 to €18,446
of which Taxes: -€17,380
- Profit (loss) carried forward -€8,812
down €8,812 (-53.1%), from €16,591 to €7,779
- Gross operating margin -€19,706
down €19,706 (-19.2%), from €102,455 to €82,749
- Staff costs +€15,331
up €15,331 (+34.5%), from €44,492 to €59,823
- Taxes -€12,107
down €12,107 (-98.8%), from €12,248 to €141
- Financial charges +€8,473
up €8,473 (+150.3%), from €5,639 to €14,112
- Depreciation +€1,373
up €1,373 (+9.7%), from €14,086 to €15,458
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.
Cash bridge derived
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 | €471,178 | €257,147 | -€214,032 | -45.4% |
| Formation expenses | 20 | €895 | €666 | -€229 | -25.6% |
| Fixed assets | 21/28 | €143,950 | €135,605 | -€8,344 | -5.8% |
| Tangible fixed assets | 22/27 | €141,983 | €133,639 | -€8,344 | -5.9% |
| Land and buildings | 22 | €109,343 | €105,049 | -€4,294 | -3.9% |
| Plant, machinery and equipment | 23 | €5,009 | €2,248 | -€2,761 | -55.1% |
| Furniture and vehicles | 24 | €27,632 | €26,343 | -€1,289 | -4.7% |
| Financial fixed assets | 28 | €1,966 | €1,966 | = | 0.0% |
| Current assets | 29/58 | €326,334 | €120,875 | -€205,458 | -63.0% |
| Stocks and contracts in progress | 3 | €211,026 | €18,215 | -€192,811 | -91.4% |
| Stocks | 30/36 | €211,026 | €18,215 | -€192,811 | -91.4% |
| Amounts receivable within one year | 40/41 | €80,677 | €86,701 | +€6,024 | +7.5% |
| Trade receivables | 40 | €80,446 | €78,818 | -€1,628 | -2.0% |
| Other amounts receivable | 41 | €230 | €7,883 | +€7,652 | +3322.7% |
| Cash at bank and in hand | 54/58 | €33,246 | €12,716 | -€20,530 | -61.8% |
| Deferred charges and accrued income | 490/1 | €1,385 | €3,243 | +€1,858 | +134.2% |
| Total equity and liabilities | 10/49 | €471,178 | €257,147 | -€214,032 | -45.4% |
| Equity | 10/15 | €81,651 | €72,839 | -€8,812 | -10.8% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €58,060 | €58,060 | = | 0.0% |
| Distributable reserves | 133 | €58,060 | €58,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,591 | €7,779 | -€8,812 | -53.1% |
| Amounts payable | 17/49 | €389,527 | €184,308 | -€205,219 | -52.7% |
| Amounts payable after more than one year | 17 | €246,280 | €79,592 | -€166,688 | -67.7% |
| Financial debts | 170/4 | €246,280 | €79,592 | -€166,688 | -67.7% |
| Amounts payable within one year | 42/48 | €140,540 | €104,577 | -€35,963 | -25.6% |
| Current portion of amounts payable after more than one year | 42 | €20,210 | €16,163 | -€4,047 | -20.0% |
| Trade debts | 44 | €64,334 | €46,782 | -€17,552 | -27.3% |
| Suppliers | 440/4 | €64,334 | €46,782 | -€17,552 | -27.3% |
| Taxes, remuneration and social security | 45 | €35,547 | €18,446 | -€17,101 | -48.1% |
| Taxes | 450/3 | €18,000 | €620 | -€17,380 | -96.6% |
| Remuneration and social security | 454/9 | €17,547 | €17,826 | +€279 | +1.6% |
| Other amounts payable | 47/48 | €20,448 | €23,185 | +€2,737 | +13.4% |
| Accrued charges and deferred income | 492/3 | €2,707 | €139 | -€2,568 | -94.9% |
| Remuneration, social security and pensions | 62 | €44,492 | €59,823 | +€15,331 | +34.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,086 | €15,458 | +€1,373 | +9.7% |
| Other operating charges | 640/8 | €3,154 | €2,039 | -€1,115 | -35.3% |
| Gross operating margin | 9900 | €102,455 | €82,749 | -€19,706 | -19.2% |
| Operating profit (loss) | 9901 | €40,723 | €5,428 | -€35,295 | -86.7% |
| Financial income | 75/76B | €203 | €13 | -€190 | -93.8% |
| Recurring financial income | 75 | €203 | €13 | -€190 | -93.8% |
| Financial charges | 65/66B | €5,639 | €14,112 | +€8,473 | +150.3% |
| Recurring financial charges | 65 | €5,639 | €14,112 | +€8,473 | +150.3% |
| Profit (loss) for the period before taxes | 9903 | €35,287 | -€8,671 | -€43,959 | |
| Income taxes | 67/77 | €12,248 | €141 | -€12,107 | -98.8% |
| Profit (loss) for the period | 9904 | €23,039 | -€8,812 | -€31,852 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,039 | -€8,812 | -€31,852 |
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 11 October 2026 via checked.be.