LC 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.
LC MENUISERIE
Largest movements
- Tangible fixed assets +€47,412
up €47,412 (+16.0%), from €297,053 to €344,466
of which Plant, machinery and equipment: +€65,474
- Receivables within one year -€31,818
down €31,818 (-56.5%), from €56,362 to €24,544
of which Trade receivables: -€29,790
- Other debts -€30,387
down €30,387 (-32.0%), from €95,023 to €64,636
- Debts after one year +€20,467
up €20,467 (+6.3%), from €322,483 to €342,950
- Current portion of long-term debt +€16,068
up €16,068 (+45.8%), from €35,052 to €51,121
- Profit (loss) carried forward +€11,622
up €11,622 (+105%), from €11,031 to €22,653
- Trade debts -€10,582
down €10,582 (-40.0%), from €26,454 to €15,873
- Gross operating margin +€54,527
up €54,527 (+28.1%), from €194,006 to €248,533
- Staff costs +€51,760
up €51,760 (+43.7%), from €118,411 to €170,171
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 | €526,484 | €540,427 | +€13,943 | +2.6% |
| Fixed assets | 21/28 | €372,403 | €417,565 | +€45,162 | +12.1% |
| Intangible fixed assets | 21 | €74,737 | €72,486 | -€2,251 | -3.0% |
| Tangible fixed assets | 22/27 | €297,053 | €344,466 | +€47,412 | +16.0% |
| Land and buildings | 22 | €279,652 | €261,779 | -€17,873 | -6.4% |
| Plant, machinery and equipment | 23 | €16,109 | €81,582 | +€65,474 | +406% |
| Furniture and vehicles | 24 | €1,292 | €1,104 | -€188 | -14.6% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Financial fixed assets | 28 | €613 | €613 | = | 0.0% |
| Current assets | 29/58 | €154,081 | €122,862 | -€31,219 | -20.3% |
| Stocks and contracts in progress | 3 | €46,127 | €47,693 | +€1,566 | +3.4% |
| Stocks | 30/36 | €46,127 | €47,693 | +€1,566 | +3.4% |
| Amounts receivable within one year | 40/41 | €56,362 | €24,544 | -€31,818 | -56.5% |
| Trade receivables | 40 | €40,430 | €10,640 | -€29,790 | -73.7% |
| Other amounts receivable | 41 | €15,932 | €13,904 | -€2,029 | -12.7% |
| Cash at bank and in hand | 54/58 | €49,347 | €48,270 | -€1,077 | -2.2% |
| Deferred charges and accrued income | 490/1 | €2,245 | €2,355 | +€111 | +4.9% |
| Total equity and liabilities | 10/49 | €526,484 | €540,427 | +€13,943 | +2.6% |
| Equity | 10/15 | €31,031 | €42,653 | +€11,622 | +37.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,031 | €22,653 | +€11,622 | +105% |
| Amounts payable | 17/49 | €495,453 | €497,774 | +€2,321 | +0.5% |
| Amounts payable after more than one year | 17 | €322,483 | €342,950 | +€20,467 | +6.3% |
| Financial debts | 170/4 | €322,483 | €342,950 | +€20,467 | +6.3% |
| Amounts payable within one year | 42/48 | €169,781 | €150,138 | -€19,643 | -11.6% |
| Current portion of amounts payable after more than one year | 42 | €35,052 | €51,121 | +€16,068 | +45.8% |
| Trade debts | 44 | €26,454 | €15,873 | -€10,582 | -40.0% |
| Suppliers | 440/4 | €26,454 | €15,873 | -€10,582 | -40.0% |
| Taxes, remuneration and social security | 45 | €13,252 | €18,508 | +€5,256 | +39.7% |
| Taxes | 450/3 | €2,306 | €6,284 | +€3,978 | +172% |
| Remuneration and social security | 454/9 | €10,945 | €12,224 | +€1,278 | +11.7% |
| Other amounts payable | 47/48 | €95,023 | €64,636 | -€30,387 | -32.0% |
| Accrued charges and deferred income | 492/3 | €3,189 | €4,686 | +€1,498 | +47.0% |
| Remuneration, social security and pensions | 62 | €118,411 | €170,171 | +€51,760 | +43.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,891 | €48,817 | +€925 | +1.9% |
| Other operating charges | 640/8 | €4,111 | €4,626 | +€515 | +12.5% |
| Gross operating margin | 9900 | €194,006 | €248,533 | +€54,527 | +28.1% |
| Operating profit (loss) | 9901 | €23,593 | €24,920 | +€1,327 | +5.6% |
| Financial income | 75/76B | €1,122 | €531 | -€591 | -52.6% |
| Recurring financial income | 75 | €1,122 | €531 | -€591 | -52.6% |
| Financial charges | 65/66B | €10,928 | €12,424 | +€1,496 | +13.7% |
| Recurring financial charges | 65 | €10,928 | €12,424 | +€1,496 | +13.7% |
| Profit (loss) for the period before taxes | 9903 | €13,787 | €13,027 | -€760 | -5.5% |
| Income taxes | 67/77 | €1,462 | €1,405 | -€58 | -3.9% |
| Profit (loss) for the period | 9904 | €12,325 | €11,622 | -€703 | -5.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,325 | €11,622 | -€703 | -5.7% |
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 15 October 2026 via checked.be.