FG MEUBLES: 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.
FG MEUBLES
Largest movements
- Tangible fixed assets -€19,607
down €19,607 (-62.4%), from €31,407 to €11,800
of which Land and buildings: -€19,007
- Receivables within one year -€6,758
down €6,758 (-49.3%), from €13,696 to €6,938
of which Trade receivables: -€6,990
- Trade debts -€17,680
down €17,680 (-95.8%), from €18,462 to €781
- Other debts -€8,694
no longer reported in 2025 (was €8,694)
- Tax, wage and social debts -€1,024
no longer reported in 2025 (was €1,024)
- Profit (loss) carried forward +€597
up €597 (+7.3%), from -€8,213 to -€7,616
- Gross operating margin -€7,756
down €7,756, from €6,792 to -€964
- Financial charges +€884
up €884 (+120%), from €739 to €1,623
- Other operating charges -€348
no longer reported in 2025 (was €348)
- Depreciation -€142
down €142 (-2.1%), from €6,606 to €6,465
From the 2022 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €45,419 | €18,788 | -€26,631 | -58.6% |
| Fixed assets | 21/28 | €31,457 | €11,850 | -€19,607 | -62.3% |
| Tangible fixed assets | 22/27 | €31,407 | €11,800 | -€19,607 | -62.4% |
| Land and buildings | 22 | €30,807 | €11,800 | -€19,007 | -61.7% |
| Plant, machinery and equipment | 23 | €600 | - | -€600 | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €13,962 | €6,938 | -€7,024 | -50.3% |
| Amounts receivable within one year | 40/41 | €13,696 | €6,938 | -€6,758 | -49.3% |
| Trade receivables | 40 | €13,696 | €6,707 | -€6,990 | -51.0% |
| Other amounts receivable | 41 | - | €231 | +€231 | |
| Deferred charges and accrued income | 490/1 | €265 | - | -€265 | |
| Total equity and liabilities | 10/49 | €45,419 | €18,788 | -€26,631 | -58.6% |
| Equity | 10/15 | €12,247 | €12,844 | +€597 | +4.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,213 | -€7,616 | +€597 | +7.3% |
| Amounts payable | 17/49 | €33,172 | €5,944 | -€27,228 | -82.1% |
| Amounts payable within one year | 42/48 | €33,172 | €5,944 | -€27,228 | -82.1% |
| Financial debts | 43 | €4,992 | €5,162 | +€170 | +3.4% |
| Credit institutions | 430/8 | €4,992 | €5,162 | +€170 | +3.4% |
| Trade debts | 44 | €18,462 | €781 | -€17,680 | -95.8% |
| Suppliers | 440/4 | €18,462 | €781 | -€17,680 | -95.8% |
| Taxes, remuneration and social security | 45 | €1,024 | - | -€1,024 | |
| Taxes | 450/3 | €1,024 | - | -€1,024 | |
| Other amounts payable | 47/48 | €8,694 | - | -€8,694 | |
| Non-recurring operating income | 76A | €8,210 | €18,400 | +€10,190 | +124% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,606 | €6,465 | -€142 | -2.1% |
| Other operating charges | 640/8 | €348 | - | -€348 | |
| Non-recurring operating charges | 66A | - | €812 | +€812 | |
| Gross operating margin | 9900 | €6,792 | -€964 | -€7,756 | |
| Operating profit (loss) | 9901 | -€162 | -€8,240 | -€8,079 | -4,998% |
| Financial income | 75/76B | €15 | - | -€15 | |
| Recurring financial income | 75 | €15 | - | -€15 | |
| Financial charges | 65/66B | €739 | €1,623 | +€884 | +120% |
| Recurring financial charges | 65 | €739 | €1,623 | +€884 | +120% |
| Profit (loss) for the period before taxes | 9903 | -€886 | -€9,864 | -€8,978 | -1,013% |
| Income taxes | 67/77 | €61 | - | -€61 | |
| Profit (loss) for the period | 9904 | -€947 | -€9,864 | -€8,917 | -942% |
| Profit (loss) for the period to be appropriated | 9905 | -€947 | -€9,864 | -€8,917 | -942% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.