MENUISERIE BAILLEUX: 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.
MENUISERIE BAILLEUX
Largest movements
- Tangible fixed assets -€22,160
down €22,160 (-16.6%), from €133,229 to €111,070
- Cash +€12,418
up €12,418 (+31.7%), from €39,220 to €51,639
mainly Depreciation (+€22,160) and Net result for the year (+€17,208)
- Receivables within one year +€5,370
up €5,370 (+14.0%), from €38,432 to €43,803
of which Trade receivables: +€4,882
- Stocks and contracts +€4,635
up €4,635 (+9.6%), from €48,402 to €53,037
- Debts after one year -€29,324
down €29,324 (-36.2%), from €81,036 to €51,712
- Reserves +€16,600
up €16,600 (+61.4%), from €27,018 to €43,618
of which Distributable reserves: +€19,000
- Current portion of long-term debt +€6,566
up €6,566 (+36.2%), from €18,140 to €24,706
- Tax, wage and social debts +€5,604
up €5,604 (+35.8%), from €15,666 to €21,271
of which Taxes: +€5,572
- Trade debts +€5,604
up €5,604 (+13.8%), from €40,701 to €46,305
- Gross operating margin +€17,928
up €17,928 (+16.8%), from €106,661 to €124,589
- Other operating charges -€8,331
down €8,331 (-66.0%), from €12,622 to €4,292
- Staff costs +€7,822
up €7,822 (+13.9%), from €56,109 to €63,930
- Taxes +€7,622
up €7,622 (+205%), from €3,726 to €11,348
- Depreciation +€6,280
up €6,280 (+39.5%), from €15,880 to €22,160
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 | €261,950 | €262,607 | +€657 | +0.3% |
| Fixed assets | 21/28 | €133,229 | €111,070 | -€22,160 | -16.6% |
| Tangible fixed assets | 22/27 | €133,229 | €111,070 | -€22,160 | -16.6% |
| Land and buildings | 22 | €71,545 | €63,810 | -€7,735 | -10.8% |
| Plant, machinery and equipment | 23 | €18,163 | €12,836 | -€5,328 | -29.3% |
| Furniture and vehicles | 24 | €43,521 | €34,424 | -€9,098 | -20.9% |
| Current assets | 29/58 | €128,720 | €151,537 | +€22,817 | +17.7% |
| Stocks and contracts in progress | 3 | €48,402 | €53,037 | +€4,635 | +9.6% |
| Stocks | 30/36 | €48,402 | €53,037 | +€4,635 | +9.6% |
| Amounts receivable within one year | 40/41 | €38,432 | €43,803 | +€5,370 | +14.0% |
| Trade receivables | 40 | €37,525 | €42,407 | +€4,882 | +13.0% |
| Other amounts receivable | 41 | €908 | €1,395 | +€488 | +53.8% |
| Cash at bank and in hand | 54/58 | €39,220 | €51,639 | +€12,418 | +31.7% |
| Deferred charges and accrued income | 490/1 | €2,666 | €3,059 | +€393 | +14.7% |
| Total equity and liabilities | 10/49 | €261,950 | €262,607 | +€657 | +0.3% |
| Equity | 10/15 | €83,327 | €100,535 | +€17,208 | +20.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €27,018 | €43,618 | +€16,600 | +61.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,658 | €9,258 | -€2,400 | -20.6% |
| Distributable reserves | 133 | €13,500 | €32,500 | +€19,000 | +141% |
| Profit (loss) carried forward | 14 | €37,709 | €38,316 | +€608 | +1.6% |
| Provisions and deferred taxes | 16 | €3,886 | €3,086 | -€800 | -20.6% |
| Deferred taxes | 168 | €3,886 | €3,086 | -€800 | -20.6% |
| Amounts payable | 17/49 | €174,737 | €158,986 | -€15,751 | -9.0% |
| Amounts payable after more than one year | 17 | €81,036 | €51,712 | -€29,324 | -36.2% |
| Financial debts | 170/4 | €81,036 | €51,712 | -€29,324 | -36.2% |
| Amounts payable within one year | 42/48 | €93,701 | €107,275 | +€13,574 | +14.5% |
| Current portion of amounts payable after more than one year | 42 | €18,140 | €24,706 | +€6,566 | +36.2% |
| Financial debts | 43 | €515 | €513 | -€1 | -0.3% |
| Credit institutions | 430/8 | €515 | €513 | -€1 | -0.3% |
| Trade debts | 44 | €40,701 | €46,305 | +€5,604 | +13.8% |
| Suppliers | 440/4 | €40,701 | €46,305 | +€5,604 | +13.8% |
| Taxes, remuneration and social security | 45 | €15,666 | €21,271 | +€5,604 | +35.8% |
| Taxes | 450/3 | €14,453 | €20,025 | +€5,572 | +38.6% |
| Remuneration and social security | 454/9 | €1,214 | €1,246 | +€32 | +2.7% |
| Other amounts payable | 47/48 | €18,679 | €14,480 | -€4,199 | -22.5% |
| Remuneration, social security and pensions | 62 | €56,109 | €63,930 | +€7,822 | +13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,880 | €22,160 | +€6,280 | +39.5% |
| Other operating charges | 640/8 | €12,622 | €4,292 | -€8,331 | -66.0% |
| Gross operating margin | 9900 | €106,661 | €124,589 | +€17,928 | +16.8% |
| Operating profit (loss) | 9901 | €22,050 | €34,207 | +€12,158 | +55.1% |
| Financial income | 75/76B | €8 | €18 | +€10 | +113% |
| Recurring financial income | 75 | €8 | €18 | +€10 | +113% |
| Financial charges | 65/66B | €4,860 | €6,469 | +€1,609 | +33.1% |
| Recurring financial charges | 65 | €4,860 | €6,469 | +€1,609 | +33.1% |
| Profit (loss) for the period before taxes | 9903 | €17,198 | €27,756 | +€10,558 | +61.4% |
| Transfer from deferred taxes | 780 | €114 | €800 | +€686 | +602% |
| Income taxes | 67/77 | €3,726 | €11,348 | +€7,622 | +205% |
| Profit (loss) for the period | 9904 | €13,586 | €17,208 | +€3,622 | +26.7% |
| Transfer from tax-exempt reserves | 789 | €342 | €2,400 | +€2,058 | +602% |
| Profit (loss) for the period to be appropriated | 9905 | €13,927 | €19,608 | +€5,680 | +40.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.