HOETERS 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.
HOETERS MENUISERIE
Largest movements
- Receivables within one year -€32,068
down €32,068 (-29.2%), from €109,943 to €77,875
of which Other amounts receivable: -€35,832
- Stocks and contracts -€7,196
down €7,196 (-11.0%), from €65,592 to €58,396
- Tangible fixed assets +€5,541
up €5,541 (+9.1%), from €61,184 to €66,725
of which Furniture and vehicles: +€13,390
- Trade debts -€24,302
down €24,302 (-30.4%), from €79,854 to €55,552
- Reserves -€10,000
down €10,000 (-6.9%), from €145,000 to €135,000
- Other debts +€5,000
up €5,000 (+50.0%), from €10,000 to €15,000
- Debts after one year -€3,720
down €3,720 (-36.2%), from €10,273 to €6,552
- Tax, wage and social debts -€3,659
down €3,659 (-20.9%), from €17,514 to €13,855
of which Taxes: -€5,163
- Gross operating margin -€62,983
down €62,983 (-19.2%), from €327,908 to €264,925
- Staff costs -€17,656
down €17,656 (-6.5%), from €270,967 to €253,311
- Write-downs -€5,800
no longer reported in 2025 (was €5,800)
- Depreciation +€4,665
up €4,665 (+48.5%), from €9,620 to €14,285
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 | €288,467 | €252,546 | -€35,921 | -12.5% |
| Fixed assets | 21/28 | €61,194 | €66,735 | +€5,541 | +9.1% |
| Tangible fixed assets | 22/27 | €61,184 | €66,725 | +€5,541 | +9.1% |
| Land and buildings | 22 | €38,477 | €34,477 | -€4,000 | -10.4% |
| Plant, machinery and equipment | 23 | €8,386 | €4,538 | -€3,849 | -45.9% |
| Furniture and vehicles | 24 | €14,321 | €27,711 | +€13,390 | +93.5% |
| Financial fixed assets | 28 | €10 | €10 | = | 0.0% |
| Current assets | 29/58 | €227,273 | €185,811 | -€41,462 | -18.2% |
| Stocks and contracts in progress | 3 | €65,592 | €58,396 | -€7,196 | -11.0% |
| Stocks | 30/36 | €65,592 | €58,396 | -€7,196 | -11.0% |
| Amounts receivable within one year | 40/41 | €109,943 | €77,875 | -€32,068 | -29.2% |
| Trade receivables | 40 | €64,983 | €68,746 | +€3,763 | +5.8% |
| Other amounts receivable | 41 | €44,961 | €9,129 | -€35,832 | -79.7% |
| Cash at bank and in hand | 54/58 | €51,738 | €49,539 | -€2,199 | -4.2% |
| Total equity and liabilities | 10/49 | €288,467 | €252,546 | -€35,921 | -12.5% |
| Equity | 10/15 | €167,257 | €157,866 | -€9,390 | -5.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €145,000 | €135,000 | -€10,000 | -6.9% |
| Distributable reserves | 133 | €145,000 | €135,000 | -€10,000 | -6.9% |
| Profit (loss) carried forward | 14 | €2,257 | €2,866 | +€610 | +27.0% |
| Amounts payable | 17/49 | €121,210 | €94,679 | -€26,531 | -21.9% |
| Amounts payable after more than one year | 17 | €10,273 | €6,552 | -€3,720 | -36.2% |
| Financial debts | 170/4 | €10,273 | €6,552 | -€3,720 | -36.2% |
| Amounts payable within one year | 42/48 | €110,938 | €88,127 | -€22,811 | -20.6% |
| Current portion of amounts payable after more than one year | 42 | €3,570 | €3,720 | +€150 | +4.2% |
| Trade debts | 44 | €79,854 | €55,552 | -€24,302 | -30.4% |
| Suppliers | 440/4 | €79,854 | €55,552 | -€24,302 | -30.4% |
| Taxes, remuneration and social security | 45 | €17,514 | €13,855 | -€3,659 | -20.9% |
| Taxes | 450/3 | €5,163 | - | -€5,163 | |
| Remuneration and social security | 454/9 | €12,351 | €13,855 | +€1,504 | +12.2% |
| Other amounts payable | 47/48 | €10,000 | €15,000 | +€5,000 | +50.0% |
| Remuneration, social security and pensions | 62 | €270,967 | €253,311 | -€17,656 | -6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,620 | €14,285 | +€4,665 | +48.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,800 | - | -€5,800 | |
| Other operating charges | 640/8 | €5,035 | €5,936 | +€901 | +17.9% |
| Gross operating margin | 9900 | €327,908 | €264,925 | -€62,983 | -19.2% |
| Operating profit (loss) | 9901 | €36,485 | -€8,608 | -€45,093 | |
| Financial income | 75/76B | €206 | €45 | -€160 | -78.0% |
| Recurring financial income | 75 | €206 | €45 | -€160 | -78.0% |
| Financial charges | 65/66B | €1,063 | €828 | -€235 | -22.1% |
| Recurring financial charges | 65 | €1,063 | €828 | -€235 | -22.1% |
| Profit (loss) for the period before taxes | 9903 | €35,628 | -€9,390 | -€45,018 | |
| Profit (loss) for the period | 9904 | €35,628 | -€9,390 | -€45,018 | |
| Profit (loss) for the period to be appropriated | 9905 | €35,628 | -€9,390 | -€45,018 |
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 28 October 2026 via checked.be.