FURNIFIT: 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.
FURNIFIT
Largest movements
- Tangible fixed assets -€77,405
down €77,405 (-55.2%), from €140,197 to €62,793
of which Furniture and vehicles: -€70,752
- Cash +€57,652
up €57,652 (+70.6%), from €81,681 to €139,334
mainly Net result for the year (+€69,019) and Depreciation (+€52,032)
- Stocks and contracts -€7,931
down €7,931 (-4.9%), from €161,850 to €153,919
- Reserves +€68,500
up €68,500 (+24.7%), from €277,200 to €345,700
of which Distributable reserves: +€68,500
- Other debts -€66,000
no longer reported in 2025 (was €66,000)
- Current portion of long-term debt -€40,395
no longer reported in 2025 (was €40,395)
- Advances received +€10,978
new in 2025: €10,978
- Short-term financial debts -€10,809
no longer reported in 2025 (was €10,809)
- Gross operating margin +€13,918
up €13,918 (+5.7%), from €244,859 to €258,777
- Other operating charges +€9,951
up €9,951 (+318%), from €3,129 to €13,079
- Depreciation -€9,317
down €9,317 (-15.2%), from €61,349 to €52,032
- Write-downs -€9,314
down €9,314, from €2,649 to -€6,665
- Taxes +€3,597
up €3,597 (+15.3%), from €23,492 to €27,089
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 | €509,266 | €480,238 | -€29,028 | -5.7% |
| Fixed assets | 21/28 | €140,594 | €63,189 | -€77,405 | -55.1% |
| Tangible fixed assets | 22/27 | €140,197 | €62,793 | -€77,405 | -55.2% |
| Land and buildings | 22 | €5,501 | €1,574 | -€3,927 | -71.4% |
| Plant, machinery and equipment | 23 | €6,579 | €3,854 | -€2,725 | -41.4% |
| Furniture and vehicles | 24 | €128,117 | €57,365 | -€70,752 | -55.2% |
| Financial fixed assets | 28 | €397 | €397 | = | 0.0% |
| Current assets | 29/58 | €368,672 | €417,049 | +€48,376 | +13.1% |
| Stocks and contracts in progress | 3 | €161,850 | €153,919 | -€7,931 | -4.9% |
| Stocks | 30/36 | €161,850 | €153,919 | -€7,931 | -4.9% |
| Amounts receivable within one year | 40/41 | €110,977 | €108,888 | -€2,090 | -1.9% |
| Trade receivables | 40 | €98,200 | €106,977 | +€8,777 | +8.9% |
| Other amounts receivable | 41 | €12,778 | €1,911 | -€10,867 | -85.0% |
| Cash at bank and in hand | 54/58 | €81,681 | €139,334 | +€57,652 | +70.6% |
| Deferred charges and accrued income | 490/1 | €14,164 | €14,909 | +€744 | +5.3% |
| Total equity and liabilities | 10/49 | €509,266 | €480,238 | -€29,028 | -5.7% |
| Equity | 10/15 | €349,159 | €418,178 | +€69,019 | +19.8% |
| 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 | €277,200 | €345,700 | +€68,500 | +24.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €271,000 | €339,500 | +€68,500 | +25.3% |
| Profit (loss) carried forward | 14 | €9,959 | €10,478 | +€519 | +5.2% |
| Amounts payable | 17/49 | €160,108 | €62,060 | -€98,047 | -61.2% |
| Amounts payable within one year | 42/48 | €160,108 | €62,060 | -€98,047 | -61.2% |
| Current portion of amounts payable after more than one year | 42 | €40,395 | - | -€40,395 | |
| Financial debts | 43 | €10,809 | - | -€10,809 | |
| Credit institutions | 430/8 | €10,809 | - | -€10,809 | |
| Trade debts | 44 | €17,285 | €22,963 | +€5,678 | +32.9% |
| Suppliers | 440/4 | €17,285 | €22,963 | +€5,678 | +32.9% |
| Advances received on contracts in progress | 46 | - | €10,978 | +€10,978 | |
| Taxes, remuneration and social security | 45 | €25,619 | €28,119 | +€2,501 | +9.8% |
| Taxes | 450/3 | €12,833 | €12,629 | -€203 | -1.6% |
| Remuneration and social security | 454/9 | €12,786 | €15,490 | +€2,704 | +21.2% |
| Other amounts payable | 47/48 | €66,000 | - | -€66,000 | |
| Remuneration, social security and pensions | 62 | €114,678 | €116,592 | +€1,914 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,349 | €52,032 | -€9,317 | -15.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,649 | -€6,665 | -€9,314 | |
| Other operating charges | 640/8 | €3,129 | €13,079 | +€9,951 | +318% |
| Non-recurring operating charges | 66A | - | €3,302 | +€3,302 | |
| Gross operating margin | 9900 | €244,859 | €258,777 | +€13,918 | +5.7% |
| Operating profit (loss) | 9901 | €63,054 | €80,437 | +€17,383 | +27.6% |
| Financial income | 75/76B | €26,282 | €23,711 | -€2,570 | -9.8% |
| Recurring financial income | 75 | €26,282 | €23,711 | -€2,570 | -9.8% |
| Financial charges | 65/66B | €10,444 | €8,040 | -€2,404 | -23.0% |
| Recurring financial charges | 65 | €10,444 | €8,040 | -€2,404 | -23.0% |
| Profit (loss) for the period before taxes | 9903 | €78,892 | €96,108 | +€17,217 | +21.8% |
| Income taxes | 67/77 | €23,492 | €27,089 | +€3,597 | +15.3% |
| Profit (loss) for the period | 9904 | €55,399 | €69,019 | +€13,620 | +24.6% |
| Profit (loss) for the period to be appropriated | 9905 | €55,399 | €69,019 | +€13,620 | +24.6% |
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 13 October 2026 via checked.be.