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Menuis'Eric: what changed

Two fiscal 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.

What changed

Menuis'Eric

BE 0675.554.322
fiscal year 2023 against 2025not consecutivefiled annual accounts (NBB)
Net result for the year
€19,125
2023 · -€19,670+€38,794
Equity
-€15,078
2023 · -€37,457+€22,379
Cash
€4
2023 · €1,565-€1,561
Balance sheet total
€4
2023 · €75,549-€75,545

Largest movements

2023 to 2025
Assets
  • Receivables within one year -€72,039

    down €72,039 (-100.0%), from €72,039 to €0

    of which Other amounts receivable: -€53,277

  • Tangible fixed assets -€1,847

    down €1,847 (-100.0%), from €1,847 to €0

    of which Plant, machinery and equipment: -€1,070

  • Cash -€1,561

    down €1,561 (-99.7%), from €1,565 to €4

Equity and liabilities
  • Trade debts -€91,566

    down €91,566 (-100.0%), from €91,566 to €0

  • Profit (loss) carried forward +€22,379

    up €22,379 (+51.3%), from -€43,657 to -€21,278

  • Other debts +€13,874

    up €13,874, from €0 to €13,874

  • Debts after one year -€11,987

    down €11,987 (-100.0%), from €11,987 to €0

  • Current portion of long-term debt -€7,380

    down €7,380 (-100.0%), from €7,380 to €0

Income statement
  • Gross operating margin +€36,812

    up €36,812, from -€16,958 to €19,854

  • Financial charges -€2,027

    down €2,027 (-82.1%), from €2,469 to €442

  • Depreciation -€1,523

    no longer reported in 2025 (was €1,523)

  • Other operating charges +€1,311

    up €1,311 (+365.4%), from €359 to €1,670

  • Financial income -€476

    down €476 (-22.9%), from €2,080 to €1,604

From the 2023 result to the 2025 result

effect on the 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.

Result 2023 -€19,670
Gross operating margin +€36,812
Depreciation +€1,523
Other operating charges -€1,311
Other operating items +€309
Financial income -€476
Financial charges +€2,027
Taxes -€91
Result 2025 €19,125

Cash bridge derived

cash 2023 to 2025

A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.

Every line side by side 44 lines
Line Code 2023 2025 Change %
Total assets 20/58 €75,549 €4 -€75,545 -100.0%
Formation expenses 20 €0 €0 =
Fixed assets 21/28 €1,847 €0 -€1,847 -100.0%
Tangible fixed assets 22/27 €1,847 €0 -€1,847 -100.0%
Plant, machinery and equipment 23 €1,070 €0 -€1,070 -100.0%
Furniture and vehicles 24 €776 €0 -€776 -100.0%
Current assets 29/58 €73,703 €4 -€73,698 -100.0%
Stocks and contracts in progress 3 €0 - =
Stocks 30/36 €0 - =
Amounts receivable within one year 40/41 €72,039 €0 -€72,039 -100.0%
Trade receivables 40 €18,762 €0 -€18,762 -100.0%
Other amounts receivable 41 €53,277 €0 -€53,277 -100.0%
Cash at bank and in hand 54/58 €1,565 €4 -€1,561 -99.7%
Deferred charges and accrued income 490/1 €98 €0 -€98 -100.0%
Total equity and liabilities 10/49 €75,549 €4 -€75,545 -100.0%
Equity 10/15 -€37,457 -€15,078 +€22,379 +59.7%
Contributions 10/11 €6,200 €6,200 = 0.0%
Profit (loss) carried forward 14 -€43,657 -€21,278 +€22,379 +51.3%
Amounts payable 17/49 €113,006 €15,082 -€97,924 -86.7%
Amounts payable after more than one year 17 €11,987 €0 -€11,987 -100.0%
Financial debts 170/4 €11,987 €0 -€11,987 -100.0%
Amounts payable within one year 42/48 €101,019 €15,082 -€85,937 -85.1%
Current portion of amounts payable after more than one year 42 €7,380 €0 -€7,380 -100.0%
Trade debts 44 €91,566 €0 -€91,566 -100.0%
Suppliers 440/4 €91,566 €0 -€91,566 -100.0%
Taxes, remuneration and social security 45 €2,073 €1,208 -€865 -41.7%
Taxes 450/3 €2,073 €1,208 -€865 -41.7%
Remuneration and social security 454/9 €0 - =
Other amounts payable 47/48 €0 €13,874 +€13,874
Non-recurring operating income 76A - €0 =
Goods, raw materials, services and sundry goods 60/61 - €0 =
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,523 - -€1,523
Other operating charges 640/8 €359 €1,670 +€1,311 +365.4%
Non-recurring operating charges 66A €309 - -€309
Gross operating margin 9900 -€16,958 €19,854 +€36,812
Operating profit (loss) 9901 -€19,149 €18,184 +€37,333
Financial income 75/76B €2,080 €1,604 -€476 -22.9%
Recurring financial income 75 €2,080 €1,604 -€476 -22.9%
Financial charges 65/66B €2,469 €442 -€2,027 -82.1%
Recurring financial charges 65 €2,469 €442 -€2,027 -82.1%
Profit (loss) for the period before taxes 9903 -€19,538 €19,347 +€38,885
Income taxes 67/77 €132 €222 +€91 +68.9%
Profit (loss) for the period 9904 -€19,670 €19,125 +€38,794
Profit (loss) for the period to be appropriated 9905 -€19,670 €19,125 +€38,794

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.