JV CONCEPT 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.
JV CONCEPT MENUISERIE
Largest movements
- Tangible fixed assets -€10,043
down €10,043 (-32.1%), from €31,254 to €21,211
- Receivables within one year +€3,994
up €3,994 (+298%), from €1,342 to €5,336
of which Trade receivables: +€3,511
- Cash -€3,016
down €3,016 (-4.2%), from €71,579 to €68,563
mainly Debts after one year (-€9,973) and Receivables within one year (-€3,994)
- Deferred charges and accrued income -€1,352
down €1,352 (-44.5%), from €3,037 to €1,685
- Debts after one year -€9,973
down €9,973 (-44.8%), from €22,238 to €12,265
- Tax, wage and social debts +€3,222
up €3,222 (+57.8%), from €5,579 to €8,800
of which Remuneration and social security: +€3,662
- Trade debts -€3,004
down €3,004 (-44.1%), from €6,808 to €3,804
- Profit (loss) carried forward -€1,523
down €1,523 (-11.5%), from €13,203 to €11,680
- Staff costs +€11,449
up €11,449 (+78.7%), from €14,547 to €25,996
- Gross operating margin -€3,087
down €3,087 (-7.9%), from €39,144 to €36,058
- Taxes -€2,529
no longer reported in 2025 (was €2,529)
- Depreciation -€432
down €432 (-4.1%), from €10,475 to €10,043
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 | €107,212 | €96,796 | -€10,416 | -9.7% |
| Fixed assets | 21/28 | €31,254 | €21,211 | -€10,043 | -32.1% |
| Tangible fixed assets | 22/27 | €31,254 | €21,211 | -€10,043 | -32.1% |
| Furniture and vehicles | 24 | €31,254 | €21,211 | -€10,043 | -32.1% |
| Current assets | 29/58 | €75,958 | €75,585 | -€374 | -0.5% |
| Amounts receivable within one year | 40/41 | €1,342 | €5,336 | +€3,994 | +298% |
| Trade receivables | 40 | €1,342 | €4,852 | +€3,511 | +262% |
| Other amounts receivable | 41 | - | €484 | +€484 | |
| Cash at bank and in hand | 54/58 | €71,579 | €68,563 | -€3,016 | -4.2% |
| Deferred charges and accrued income | 490/1 | €3,037 | €1,685 | -€1,352 | -44.5% |
| Total equity and liabilities | 10/49 | €107,212 | €96,796 | -€10,416 | -9.7% |
| Equity | 10/15 | €62,319 | €60,795 | -€1,523 | -2.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €42,915 | €42,915 | = | 0.0% |
| Non-distributable reserves | 130/1 | €310 | €310 | = | 0.0% |
| Reserves not available under the articles | 1311 | €310 | €310 | = | 0.0% |
| Distributable reserves | 133 | €42,605 | €42,605 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,203 | €11,680 | -€1,523 | -11.5% |
| Amounts payable | 17/49 | €44,893 | €36,000 | -€8,893 | -19.8% |
| Amounts payable after more than one year | 17 | €22,238 | €12,265 | -€9,973 | -44.8% |
| Financial debts | 170/4 | €22,238 | €12,265 | -€9,973 | -44.8% |
| Amounts payable within one year | 42/48 | €22,655 | €23,735 | +€1,080 | +4.8% |
| Current portion of amounts payable after more than one year | 42 | €9,500 | €9,973 | +€473 | +5.0% |
| Trade debts | 44 | €6,808 | €3,804 | -€3,004 | -44.1% |
| Suppliers | 440/4 | €6,808 | €3,804 | -€3,004 | -44.1% |
| Taxes, remuneration and social security | 45 | €5,579 | €8,800 | +€3,222 | +57.8% |
| Taxes | 450/3 | €4,994 | €4,553 | -€441 | -8.8% |
| Remuneration and social security | 454/9 | €585 | €4,247 | +€3,662 | +626% |
| Other amounts payable | 47/48 | €768 | €1,157 | +€389 | +50.7% |
| Remuneration, social security and pensions | 62 | €14,547 | €25,996 | +€11,449 | +78.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,475 | €10,043 | -€432 | -4.1% |
| Other operating charges | 640/8 | €412 | €333 | -€79 | -19.2% |
| Gross operating margin | 9900 | €39,144 | €36,058 | -€3,087 | -7.9% |
| Operating profit (loss) | 9901 | €13,710 | -€314 | -€14,024 | |
| Financial income | 75/76B | €561 | €387 | -€174 | -31.0% |
| Recurring financial income | 75 | €561 | €387 | -€174 | -31.0% |
| Financial charges | 65/66B | €1,938 | €1,596 | -€342 | -17.7% |
| Recurring financial charges | 65 | €1,938 | €1,596 | -€342 | -17.7% |
| Profit (loss) for the period before taxes | 9903 | €12,333 | -€1,523 | -€13,856 | |
| Income taxes | 67/77 | €2,529 | - | -€2,529 | |
| Profit (loss) for the period | 9904 | €9,804 | -€1,523 | -€11,327 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,804 | -€1,523 | -€11,327 |
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 29 October 2026 via checked.be.