FT 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.
FT MENUISERIE
Largest movements
- Stocks and contracts +€110,609
up €110,609 (+94.6%), from €116,892 to €227,501
- Receivables within one year -€12,622
down €12,622 (-3.2%), from €396,849 to €384,228
of which Trade receivables: -€12,622
- Other debts +€117,423
up €117,423 (+74.6%), from €157,309 to €274,732
- Tax, wage and social debts -€48,977
down €48,977 (-24.7%), from €198,440 to €149,463
of which Taxes: -€61,497
- Trade debts +€24,504
up €24,504 (+17.0%), from €144,387 to €168,891
- Staff costs +€73,973
up €73,973 (+44.8%), from €165,065 to €239,039
- Taxes -€16,131
down €16,131 (-23.8%), from €67,737 to €51,606
- Gross operating margin +€10,066
up €10,066 (+2.2%), from €452,035 to €462,102
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 | €521,003 | €613,953 | +€92,949 | +17.8% |
| Fixed assets | 21/28 | €363 | €363 | = | 0.0% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €520,640 | €613,590 | +€92,949 | +17.9% |
| Stocks and contracts in progress | 3 | €116,892 | €227,501 | +€110,609 | +94.6% |
| Stocks | 30/36 | €116,892 | €227,501 | +€110,609 | +94.6% |
| Amounts receivable within one year | 40/41 | €396,849 | €384,228 | -€12,622 | -3.2% |
| Trade receivables | 40 | €385,140 | €372,518 | -€12,622 | -3.3% |
| Other amounts receivable | 41 | €11,710 | €11,710 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,899 | €1,861 | -€5,037 | -73.0% |
| Total equity and liabilities | 10/49 | €521,003 | €613,953 | +€92,949 | +17.8% |
| Equity | 10/15 | €20,867 | €20,867 | = | 0.0% |
| 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 | €407 | €407 | = | 0.0% |
| Amounts payable | 17/49 | €500,136 | €593,086 | +€92,949 | +18.6% |
| Amounts payable within one year | 42/48 | €500,136 | €593,086 | +€92,949 | +18.6% |
| Trade debts | 44 | €144,387 | €168,891 | +€24,504 | +17.0% |
| Suppliers | 440/4 | €144,387 | €168,891 | +€24,504 | +17.0% |
| Taxes, remuneration and social security | 45 | €198,440 | €149,463 | -€48,977 | -24.7% |
| Taxes | 450/3 | €186,631 | €125,134 | -€61,497 | -33.0% |
| Remuneration and social security | 454/9 | €11,809 | €24,329 | +€12,520 | +106% |
| Other amounts payable | 47/48 | €157,309 | €274,732 | +€117,423 | +74.6% |
| Remuneration, social security and pensions | 62 | €165,065 | €239,039 | +€73,973 | +44.8% |
| Other operating charges | 640/8 | €34,320 | €34,531 | +€211 | +0.6% |
| Gross operating margin | 9900 | €452,035 | €462,102 | +€10,066 | +2.2% |
| Operating profit (loss) | 9901 | €252,650 | €188,532 | -€64,118 | -25.4% |
| Financial income | 75/76B | - | €68 | +€68 | |
| Recurring financial income | 75 | - | €68 | +€68 | |
| Financial charges | 65/66B | - | €101 | +€101 | |
| Recurring financial charges | 65 | - | €101 | +€101 | |
| Profit (loss) for the period before taxes | 9903 | €252,650 | €188,499 | -€64,151 | -25.4% |
| Income taxes | 67/77 | €67,737 | €51,606 | -€16,131 | -23.8% |
| Profit (loss) for the period | 9904 | €184,913 | €136,893 | -€48,020 | -26.0% |
| Profit (loss) for the period to be appropriated | 9905 | €184,913 | €136,893 | -€48,020 | -26.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.