LA MENUISIERE: what changed
What changed
LA MENUISIERE
NACE 43.320, Joinery installation
filed annual accounts (NBB)
Net result for the year
€51,287
2024 · -€11,729+€63,016
Equity
€98,540
2024 · €65,253+€33,287
Cash
€60,191
2024 · €23,749+€36,442
Balance sheet total
€294,649
2024 · €241,045+€53,604
Largest movements
Assets
- Cash +€36,442
up €36,442 (+153%), from €23,749 to €60,191
mainly Net result for the year (+€51,287) and Depreciation (+€18,286)
- Receivables within one year +€12,410
up €12,410 (+66.8%), from €18,577 to €30,987
of which Trade receivables: +€20,110
- Tangible fixed assets +€4,049
up €4,049 (+2.1%), from €193,896 to €197,945
of which Assets under construction and advance payments: +€13,474
Equity and liabilities
- Profit (loss) carried forward +€33,287
up €33,287 (+77.0%), from €43,253 to €76,540
- Tax, wage and social debts +€17,373
up €17,373 (+11,818%), from €147 to €17,520
- Other debts +€12,180
new in 2025: €12,180
- Trade debts -€8,892
down €8,892 (-35.6%), from €24,983 to €16,091
Income statement
- Gross operating margin +€72,347
up €72,347 (+620%), from €11,676 to €84,023
- Taxes +€8,711
up €8,711, from -€73 to €8,638
- Depreciation +€991
up €991 (+5.7%), from €17,295 to €18,286
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
-€11,729
Gross operating margin
+€72,347
Depreciation
-€991
Other operating charges
+€64
Other operating items
-€230
Financial income
-€18
Financial charges
+€555
Taxes
-€8,711
Result 2025
€51,287
raises the resultlowers the resultnot broken down further in the accounts
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
+€77,121
Investment
-€22,335
Financing
-€18,344
Cash 2024
€23,749
From operations (derived)
+€77,121
Net result for the year
+€51,287
Depreciation
+€18,286
Stocks and contracts
-€536
Receivables within one year
-€12,410
Deferred charges and accrued income
-€167
Trade debts
-€8,892
Tax, wage and social debts
+€17,373
Other debts
+€12,180
Investment (derived)
-€22,335
Investment in fixed assets (net)
-€22,335
Financing
-€18,344
Debts after one year
-€2,551
Current portion of long-term debt
+€2,207
Contributions, distributions and other
-€18,000
Cash 2025
€60,191
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €241,045 | €294,649 | +€53,604 | +22.2% |
| Fixed assets | 21/28 | €193,896 | €197,945 | +€4,049 | +2.1% |
| Tangible fixed assets | 22/27 | €193,896 | €197,945 | +€4,049 | +2.1% |
| Land and buildings | 22 | €172,409 | €171,639 | -€770 | -0.4% |
| Plant, machinery and equipment | 23 | €6,990 | €5,574 | -€1,416 | -20.3% |
| Furniture and vehicles | 24 | €14,497 | €7,258 | -€7,239 | -49.9% |
| Assets under construction and advance payments | 27 | - | €13,474 | +€13,474 | |
| Current assets | 29/58 | €47,149 | €96,704 | +€49,555 | +105% |
| Stocks and contracts in progress | 3 | €3,039 | €3,575 | +€536 | +17.6% |
| Stocks | 30/36 | €3,039 | €3,575 | +€536 | +17.6% |
| Amounts receivable within one year | 40/41 | €18,577 | €30,987 | +€12,410 | +66.8% |
| Trade receivables | 40 | €8,695 | €28,805 | +€20,110 | +231% |
| Other amounts receivable | 41 | €9,882 | €2,182 | -€7,700 | -77.9% |
| Cash at bank and in hand | 54/58 | €23,749 | €60,191 | +€36,442 | +153% |
| Deferred charges and accrued income | 490/1 | €1,784 | €1,951 | +€167 | +9.4% |
| Total equity and liabilities | 10/49 | €241,045 | €294,649 | +€53,604 | +22.2% |
| Equity | 10/15 | €65,253 | €98,540 | +€33,287 | +51.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,253 | €76,540 | +€33,287 | +77.0% |
| Amounts payable | 17/49 | €175,792 | €196,109 | +€20,317 | +11.6% |
| Amounts payable after more than one year | 17 | €134,941 | €132,390 | -€2,551 | -1.9% |
| Financial debts | 170/4 | €134,941 | €132,390 | -€2,551 | -1.9% |
| Amounts payable within one year | 42/48 | €40,851 | €63,719 | +€22,868 | +56.0% |
| Current portion of amounts payable after more than one year | 42 | €15,721 | €17,928 | +€2,207 | +14.0% |
| Trade debts | 44 | €24,983 | €16,091 | -€8,892 | -35.6% |
| Suppliers | 440/4 | €24,983 | €16,091 | -€8,892 | -35.6% |
| Taxes, remuneration and social security | 45 | €147 | €17,520 | +€17,373 | +11,818% |
| Taxes | 450/3 | €147 | €17,520 | +€17,373 | +11,818% |
| Other amounts payable | 47/48 | - | €12,180 | +€12,180 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,295 | €18,286 | +€991 | +5.7% |
| Other operating charges | 640/8 | €777 | €713 | -€64 | -8.2% |
| Non-recurring operating charges | 66A | - | €230 | +€230 | |
| Gross operating margin | 9900 | €11,676 | €84,023 | +€72,347 | +620% |
| Operating profit (loss) | 9901 | -€6,396 | €64,794 | +€71,190 | |
| Financial income | 75/76B | €18 | - | -€18 | |
| Recurring financial income | 75 | €18 | - | -€18 | |
| Financial charges | 65/66B | €5,424 | €4,869 | -€555 | -10.2% |
| Recurring financial charges | 65 | €5,424 | €4,869 | -€555 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | -€11,802 | €59,925 | +€71,727 | |
| Income taxes | 67/77 | -€73 | €8,638 | +€8,711 | |
| Profit (loss) for the period | 9904 | -€11,729 | €51,287 | +€63,016 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,729 | €51,287 | +€63,016 |
Next steps
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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 5 November 2026 via checked.be.