GPI-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.
GPI-Menuiserie
Largest movements
- Tangible fixed assets -€16,408
down €16,408 (-87.0%), from €18,858 to €2,450
of which Furniture and vehicles: -€13,886
- Receivables within one year +€4,351
up €4,351 (+11.6%), from €37,564 to €41,914
of which Other amounts receivable: +€17,240
- Trade debts -€10,194
down €10,194 (-49.8%), from €20,488 to €10,294
- Advances received +€7,640
new in 2025: €7,640
- Other debts -€6,451
no longer reported in 2025 (was €6,451)
- Profit (loss) carried forward -€2,330
down €2,330 (-8.7%), from €26,672 to €24,342
- Gross operating margin -€23,470
down €23,470 (-57.0%), from €41,153 to €17,683
- Purchases and services +€13,009
up €13,009 (+23.2%), from €56,000 to €69,009
- Turnover -€9,557
down €9,557 (-9.9%), from €96,249 to €86,692
- Write-downs -€6,590
no longer reported in 2025 (was €6,590)
- Depreciation -€4,662
down €4,662 (-64.9%), from €7,183 to €2,522
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 | €59,106 | €47,275 | -€11,831 | -20.0% |
| Fixed assets | 21/28 | €18,858 | €2,450 | -€16,408 | -87.0% |
| Tangible fixed assets | 22/27 | €18,858 | €2,450 | -€16,408 | -87.0% |
| Furniture and vehicles | 24 | €13,886 | €0 | -€13,886 | -100% |
| Leasing and similar rights | 25 | €4,972 | €2,450 | -€2,522 | -50.7% |
| Current assets | 29/58 | €40,248 | €44,825 | +€4,577 | +11.4% |
| Amounts receivable within one year | 40/41 | €37,564 | €41,914 | +€4,351 | +11.6% |
| Trade receivables | 40 | €36,758 | €23,869 | -€12,889 | -35.1% |
| Other amounts receivable | 41 | €806 | €18,046 | +€17,240 | +2,139% |
| Cash at bank and in hand | 54/58 | €1,968 | €2,541 | +€572 | +29.1% |
| Deferred charges and accrued income | 490/1 | €716 | €370 | -€346 | -48.3% |
| Total equity and liabilities | 10/49 | €59,106 | €47,275 | -€11,831 | -20.0% |
| Equity | 10/15 | €31,672 | €29,342 | -€2,330 | -7.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,672 | €24,342 | -€2,330 | -8.7% |
| Amounts payable | 17/49 | €27,434 | €17,934 | -€9,500 | -34.6% |
| Amounts payable within one year | 42/48 | €27,434 | €17,934 | -€9,500 | -34.6% |
| Trade debts | 44 | €20,488 | €10,294 | -€10,194 | -49.8% |
| Suppliers | 440/4 | €20,488 | €10,294 | -€10,194 | -49.8% |
| Advances received on contracts in progress | 46 | - | €7,640 | +€7,640 | |
| Taxes, remuneration and social security | 45 | €496 | - | -€496 | |
| Taxes | 450/3 | €496 | - | -€496 | |
| Other amounts payable | 47/48 | €6,451 | - | -€6,451 | |
| Turnover | 70 | €96,249 | €86,692 | -€9,557 | -9.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €56,000 | €69,009 | +€13,009 | +23.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,183 | €2,522 | -€4,662 | -64.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,590 | - | -€6,590 | |
| Other operating charges | 640/8 | €384 | €566 | +€181 | +47.3% |
| Non-recurring operating charges | 66A | €1,099 | €13,886 | +€12,787 | +1,163% |
| Gross operating margin | 9900 | €41,153 | €17,683 | -€23,470 | -57.0% |
| Operating profit (loss) | 9901 | €25,896 | €709 | -€25,186 | -97.3% |
| Financial charges | 65/66B | €1,911 | €989 | -€921 | -48.2% |
| Recurring financial charges | 65 | €1,911 | €989 | -€921 | -48.2% |
| Profit (loss) for the period before taxes | 9903 | €23,985 | -€280 | -€24,265 | |
| Income taxes | 67/77 | €59 | €2,051 | +€1,992 | +3,396% |
| Profit (loss) for the period | 9904 | €23,926 | -€2,330 | -€26,257 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,926 | -€2,330 | -€26,257 |
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.