JC Glaude Menuiserie: what changed
What changed
JC Glaude Menuiserie
NACE 43.320, Joinery installation
filed annual accounts (NBB)
Net result for the year
€37,073
2024 · €18,337+€18,737
Equity
€46,382
2024 · €74,308-€27,927
Cash
€122,740
2024 · €105,696+€17,044
Balance sheet total
€170,023
2024 · €116,122+€53,902
Largest movements
Assets
- Tangible fixed assets +€31,719
up €31,719 (+1,159%), from €2,737 to €34,456
of which Furniture and vehicles: +€33,380
- Cash +€17,044
up €17,044 (+16.1%), from €105,696 to €122,740
mainly Other debts (+€58,601) and Net result for the year (+€37,073)
- Stocks and contracts +€3,143
new in 2025: €3,143
Equity and liabilities
- Profit (loss) carried forward -€65,000
down €65,000 (-95.2%), from €68,308 to €3,308
- Other debts +€58,601
up €58,601 (+175%), from €33,535 to €92,136
- Reserves +€37,073
new in 2025: €37,073
- Debts after one year +€11,207
new in 2025: €11,207
- Trade debts +€10,731
up €10,731 (+987%), from €1,087 to €11,818
Income statement
- Gross operating margin +€33,442
up €33,442 (+110%), from €30,369 to €63,811
- Taxes +€11,467
up €11,467 (+250%), from €4,589 to €16,056
- Depreciation +€4,014
up €4,014 (+80.9%), from €4,961 to €8,975
- Other operating charges -€1,542
down €1,542 (-63.3%), from €2,438 to €895
- Financial charges +€760
up €760 (+1,349%), from €56 to €816
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€18,337
Gross operating margin
+€33,442
Depreciation
-€4,014
Other operating charges
+€1,542
Financial income
-€7
Financial charges
-€760
Taxes
-€11,467
Result 2025
€37,073
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€107,056
Investment
-€40,694
Financing
-€49,318
Cash 2024
€105,696
From operations (derived)
+€107,056
Net result for the year
+€37,073
Depreciation
+€8,975
Stocks and contracts
-€3,143
Receivables within one year
-€1,539
Deferred charges and accrued income
-€457
Trade debts
+€10,731
Tax, wage and social debts
-€3,636
Other debts
+€58,601
Accrued charges and deferred income
+€450
Investment (derived)
-€40,694
Investment in fixed assets (net)
-€40,694
Financing
-€49,318
Debts after one year
+€11,207
Current portion of long-term debt
+€4,475
Contributions, distributions and other
-€65,000
Cash 2025
€122,740
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €116,122 | €170,023 | +€53,902 | +46.4% |
| Fixed assets | 21/28 | €2,843 | €34,562 | +€31,719 | +1,116% |
| Tangible fixed assets | 22/27 | €2,737 | €34,456 | +€31,719 | +1,159% |
| Plant, machinery and equipment | 23 | €2,737 | €1,076 | -€1,661 | -60.7% |
| Furniture and vehicles | 24 | - | €33,380 | +€33,380 | |
| Financial fixed assets | 28 | €106 | €106 | = | 0.0% |
| Current assets | 29/58 | €113,278 | €135,461 | +€22,183 | +19.6% |
| Stocks and contracts in progress | 3 | - | €3,143 | +€3,143 | |
| Stocks | 30/36 | - | €3,143 | +€3,143 | |
| Amounts receivable within one year | 40/41 | €6,286 | €7,825 | +€1,539 | +24.5% |
| Trade receivables | 40 | €4,049 | €2,973 | -€1,075 | -26.6% |
| Other amounts receivable | 41 | €2,238 | €4,852 | +€2,614 | +117% |
| Cash at bank and in hand | 54/58 | €105,696 | €122,740 | +€17,044 | +16.1% |
| Deferred charges and accrued income | 490/1 | €1,296 | €1,753 | +€457 | +35.3% |
| Total equity and liabilities | 10/49 | €116,122 | €170,023 | +€53,902 | +46.4% |
| Equity | 10/15 | €74,308 | €46,382 | -€27,927 | -37.6% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | - | €37,073 | +€37,073 | |
| Distributable reserves | 133 | - | €37,073 | +€37,073 | |
| Profit (loss) carried forward | 14 | €68,308 | €3,308 | -€65,000 | -95.2% |
| Amounts payable | 17/49 | €41,814 | €123,642 | +€81,828 | +196% |
| Amounts payable after more than one year | 17 | - | €11,207 | +€11,207 | |
| Financial debts | 170/4 | - | €11,207 | +€11,207 | |
| Amounts payable within one year | 42/48 | €41,814 | €111,985 | +€70,171 | +168% |
| Current portion of amounts payable after more than one year | 42 | - | €4,475 | +€4,475 | |
| Trade debts | 44 | €1,087 | €11,818 | +€10,731 | +987% |
| Suppliers | 440/4 | €1,087 | €11,818 | +€10,731 | +987% |
| Taxes, remuneration and social security | 45 | €7,191 | €3,556 | -€3,636 | -50.6% |
| Taxes | 450/3 | €7,191 | €3,556 | -€3,636 | -50.6% |
| Other amounts payable | 47/48 | €33,535 | €92,136 | +€58,601 | +175% |
| Accrued charges and deferred income | 492/3 | - | €450 | +€450 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,961 | €8,975 | +€4,014 | +80.9% |
| Other operating charges | 640/8 | €2,438 | €895 | -€1,542 | -63.3% |
| Gross operating margin | 9900 | €30,369 | €63,811 | +€33,442 | +110% |
| Operating profit (loss) | 9901 | €22,970 | €53,941 | +€30,970 | +135% |
| Financial income | 75/76B | €11 | €5 | -€7 | -58.7% |
| Recurring financial income | 75 | €11 | €5 | -€7 | -58.7% |
| Financial charges | 65/66B | €56 | €816 | +€760 | +1,349% |
| Recurring financial charges | 65 | €56 | €816 | +€760 | +1,349% |
| Profit (loss) for the period before taxes | 9903 | €22,925 | €53,129 | +€30,204 | +132% |
| Income taxes | 67/77 | €4,589 | €16,056 | +€11,467 | +250% |
| Profit (loss) for the period | 9904 | €18,337 | €37,073 | +€18,737 | +102% |
| Profit (loss) for the period to be appropriated | 9905 | €18,337 | €37,073 | +€18,737 | +102% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.