GENICOT 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.
GENICOT MENUISERIE
Largest movements
- Tangible fixed assets +€22,356
up €22,356 (+16.6%), from €134,873 to €157,229
of which Furniture and vehicles: +€22,755
- Cash -€19,140
down €19,140 (-65.1%), from €29,396 to €10,256
mainly Debts after one year (-€42,801) and Investment in fixed assets (net) (-€36,939)
- Intangible fixed assets -€10,000
down €10,000 (-36.2%), from €27,589 to €17,589
- Stocks and contracts +€9,666
up €9,666 (+330%), from €2,927 to €12,594
- Receivables within one year +€4,648
up €4,648 (+27.7%), from €16,792 to €21,440
of which Other amounts receivable: +€8,159
- Debts after one year -€42,801
down €42,801 (-31.4%), from €136,330 to €93,529
of which Other amounts payable: -€46,885
- Other debts +€32,306
new in 2025: €32,306
- Profit (loss) carried forward +€12,939
up €12,939 (+30.7%), from €42,099 to €55,039
- Trade debts +€6,623
up €6,623 (+87.0%), from €7,608 to €14,231
- Current portion of long-term debt +€3,886
up €3,886 (+32.3%), from €12,030 to €15,916
- Staff costs +€33,790
up €33,790 (+254%), from €13,305 to €47,095
- Gross operating margin +€18,780
up €18,780 (+26.1%), from €71,876 to €90,656
- Taxes -€6,031
down €6,031 (-89.5%), from €6,735 to €704
- Financial charges +€2,769
up €2,769 (+160%), from €1,735 to €4,504
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 | €211,577 | €223,226 | +€11,649 | +5.5% |
| Fixed assets | 21/28 | €162,462 | €174,818 | +€12,356 | +7.6% |
| Intangible fixed assets | 21 | €27,589 | €17,589 | -€10,000 | -36.2% |
| Tangible fixed assets | 22/27 | €134,873 | €157,229 | +€22,356 | +16.6% |
| Land and buildings | 22 | €123,239 | €125,901 | +€2,662 | +2.2% |
| Plant, machinery and equipment | 23 | €6,574 | €3,514 | -€3,061 | -46.6% |
| Furniture and vehicles | 24 | €5,059 | €27,814 | +€22,755 | +450% |
| Current assets | 29/58 | €49,115 | €48,408 | -€707 | -1.4% |
| Stocks and contracts in progress | 3 | €2,927 | €12,594 | +€9,666 | +330% |
| Stocks | 30/36 | €2,927 | €12,594 | +€9,666 | +330% |
| Amounts receivable within one year | 40/41 | €16,792 | €21,440 | +€4,648 | +27.7% |
| Trade receivables | 40 | €6,890 | €3,379 | -€3,511 | -51.0% |
| Other amounts receivable | 41 | €9,902 | €18,061 | +€8,159 | +82.4% |
| Cash at bank and in hand | 54/58 | €29,396 | €10,256 | -€19,140 | -65.1% |
| Deferred charges and accrued income | 490/1 | - | €4,119 | +€4,119 | |
| Total equity and liabilities | 10/49 | €211,577 | €223,226 | +€11,649 | +5.5% |
| Equity | 10/15 | €47,099 | €60,039 | +€12,939 | +27.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,099 | €55,039 | +€12,939 | +30.7% |
| Amounts payable | 17/49 | €164,478 | €163,188 | -€1,290 | -0.8% |
| Amounts payable after more than one year | 17 | €136,330 | €93,529 | -€42,801 | -31.4% |
| Financial debts | 170/4 | €89,445 | €93,529 | +€4,084 | +4.6% |
| Other amounts payable | 178/9 | €46,885 | €0 | -€46,885 | -100% |
| Amounts payable within one year | 42/48 | €28,148 | €69,659 | +€41,510 | +147% |
| Current portion of amounts payable after more than one year | 42 | €12,030 | €15,916 | +€3,886 | +32.3% |
| Trade debts | 44 | €7,608 | €14,231 | +€6,623 | +87.0% |
| Suppliers | 440/4 | €7,608 | €14,231 | +€6,623 | +87.0% |
| Taxes, remuneration and social security | 45 | €8,510 | €7,206 | -€1,304 | -15.3% |
| Taxes | 450/3 | €8,510 | €7,206 | -€1,304 | -15.3% |
| Other amounts payable | 47/48 | - | €32,306 | +€32,306 | |
| Remuneration, social security and pensions | 62 | €13,305 | €47,095 | +€33,790 | +254% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,090 | €24,583 | +€493 | +2.0% |
| Other operating charges | 640/8 | €727 | €830 | +€104 | +14.3% |
| Gross operating margin | 9900 | €71,876 | €90,656 | +€18,780 | +26.1% |
| Operating profit (loss) | 9901 | €33,754 | €18,147 | -€15,607 | -46.2% |
| Financial income | 75/76B | €302 | €0 | -€302 | -100% |
| Recurring financial income | 75 | €302 | €0 | -€302 | -100% |
| Financial charges | 65/66B | €1,735 | €4,504 | +€2,769 | +160% |
| Recurring financial charges | 65 | €1,735 | €4,504 | +€2,769 | +160% |
| Profit (loss) for the period before taxes | 9903 | €32,321 | €13,644 | -€18,678 | -57.8% |
| Income taxes | 67/77 | €6,735 | €704 | -€6,031 | -89.5% |
| Profit (loss) for the period | 9904 | €25,586 | €12,939 | -€12,646 | -49.4% |
| Profit (loss) for the period to be appropriated | 9905 | €25,586 | €12,939 | -€12,646 | -49.4% |
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 21 October 2026 via checked.be.