HETRE 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.
HETRE MENUISERIE
Largest movements
- Receivables within one year +€23,017
up €23,017 (+125%), from €18,427 to €41,445
of which Trade receivables: +€20,824
- Stocks and contracts +€4,863
up €4,863 (+63.1%), from €7,709 to €12,572
- Tangible fixed assets -€4,519
down €4,519 (-38.4%), from €11,777 to €7,258
of which Furniture and vehicles: -€2,890
- Cash -€2,930
down €2,930 (-68.7%), from €4,266 to €1,337
mainly Receivables within one year (-€23,017) and Stocks and contracts (-€4,863)
- Deferred charges and accrued income -€1,048
down €1,048 (-28.3%), from €3,704 to €2,656
- Trade debts +€21,705
up €21,705 (+110%), from €19,732 to €41,437
- Accrued charges and deferred income -€1,491
down €1,491 (-10.2%), from €14,566 to €13,075
- Profit (loss) carried forward -€1,030
down €1,030 (-102%), from -€1,007 to -€2,037
- Tax, wage and social debts +€790
up €790 (+23.4%), from €3,376 to €4,165
of which Remuneration and social security: +€688
- Gross operating margin +€32,420
up €32,420 (+117%), from €27,648 to €60,069
- Staff costs +€29,994
up €29,994 (+147%), from €20,353 to €50,347
- Other operating charges -€3,766
down €3,766 (-79.0%), from €4,767 to €1,001
- Depreciation -€1,153
down €1,153 (-15.3%), from €7,523 to €6,370
- Taxes +€1,095
up €1,095 (+612%), from €179 to €1,274
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 | €45,884 | €65,267 | +€19,383 | +42.2% |
| Fixed assets | 21/28 | €11,777 | €7,258 | -€4,519 | -38.4% |
| Tangible fixed assets | 22/27 | €11,777 | €7,258 | -€4,519 | -38.4% |
| Plant, machinery and equipment | 23 | €6,797 | €5,168 | -€1,629 | -24.0% |
| Furniture and vehicles | 24 | €4,981 | €2,091 | -€2,890 | -58.0% |
| Current assets | 29/58 | €34,107 | €58,009 | +€23,902 | +70.1% |
| Stocks and contracts in progress | 3 | €7,709 | €12,572 | +€4,863 | +63.1% |
| Stocks | 30/36 | €7,709 | €12,572 | +€4,863 | +63.1% |
| Amounts receivable within one year | 40/41 | €18,427 | €41,445 | +€23,017 | +125% |
| Trade receivables | 40 | €10,115 | €30,939 | +€20,824 | +206% |
| Other amounts receivable | 41 | €8,313 | €10,506 | +€2,193 | +26.4% |
| Cash at bank and in hand | 54/58 | €4,266 | €1,337 | -€2,930 | -68.7% |
| Deferred charges and accrued income | 490/1 | €3,704 | €2,656 | -€1,048 | -28.3% |
| Total equity and liabilities | 10/49 | €45,884 | €65,267 | +€19,383 | +42.2% |
| Equity | 10/15 | €993 | -€37 | -€1,030 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,007 | -€2,037 | -€1,030 | -102% |
| Amounts payable | 17/49 | €44,891 | €65,305 | +€20,414 | +45.5% |
| Amounts payable within one year | 42/48 | €30,325 | €52,230 | +€21,905 | +72.2% |
| Trade debts | 44 | €19,732 | €41,437 | +€21,705 | +110% |
| Suppliers | 440/4 | €19,732 | €41,437 | +€21,705 | +110% |
| Taxes, remuneration and social security | 45 | €3,376 | €4,165 | +€790 | +23.4% |
| Taxes | 450/3 | €1,951 | €2,053 | +€102 | +5.2% |
| Remuneration and social security | 454/9 | €1,424 | €2,113 | +€688 | +48.3% |
| Other amounts payable | 47/48 | €7,217 | €6,627 | -€590 | -8.2% |
| Accrued charges and deferred income | 492/3 | €14,566 | €13,075 | -€1,491 | -10.2% |
| Remuneration, social security and pensions | 62 | €20,353 | €50,347 | +€29,994 | +147% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,523 | €6,370 | -€1,153 | -15.3% |
| Other operating charges | 640/8 | €4,767 | €1,001 | -€3,766 | -79.0% |
| Gross operating margin | 9900 | €27,648 | €60,069 | +€32,420 | +117% |
| Operating profit (loss) | 9901 | -€4,994 | €2,351 | +€7,345 | |
| Financial income | 75/76B | €0 | €3 | +€3 | +868% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +868% |
| Financial charges | 65/66B | €2,233 | €2,110 | -€123 | -5.5% |
| Recurring financial charges | 65 | €2,233 | €2,110 | -€123 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | -€7,227 | €244 | +€7,471 | |
| Income taxes | 67/77 | €179 | €1,274 | +€1,095 | +612% |
| Profit (loss) for the period | 9904 | -€7,406 | -€1,030 | +€6,375 | +86.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,406 | -€1,030 | +€6,375 | +86.1% |
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 17 October 2026 via checked.be.