Menuiserie COIGNET: 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 COIGNET
Largest movements
- Receivables within one year +€74,100
up €74,100 (+158%), from €46,754 to €120,854
of which Other amounts receivable: +€60,975
- Tangible fixed assets +€72,198
up €72,198 (+23.4%), from €308,549 to €380,747
of which Land and buildings: +€52,171
- Cash -€14,194
down €14,194 (-11.2%), from €126,184 to €111,990
mainly Investment in fixed assets (net) (-€116,870) and Receivables within one year (-€74,100)
- Reserves +€72,500
up €72,500 (+3,900%), from €1,859 to €74,359
of which Distributable reserves: +€60,000
- Debts after one year +€44,941
up €44,941 (+17.1%), from €262,122 to €307,063
- Trade debts -€27,909
down €27,909 (-48.9%), from €57,130 to €29,222
- Tax, wage and social debts +€25,150
up €25,150 (+197%), from €12,795 to €37,944
of which Taxes: +€26,529
- Current portion of long-term debt +€24,307
up €24,307 (+300%), from €8,115 to €32,422
- Gross operating margin +€92,414
up €92,414 (+39.4%), from €234,502 to €326,915
- Financial charges +€25,024
up €25,024 (+343%), from €7,299 to €32,323
- Depreciation +€17,465
up €17,465 (+64.2%), from €27,207 to €44,672
- Taxes +€16,860
up €16,860 (+221%), from €7,626 to €24,486
- Financial income +€13,435
up €13,435 (+361%), from €3,726 to €17,161
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 | €483,996 | €614,092 | +€130,096 | +26.9% |
| Fixed assets | 21/28 | €309,049 | €381,247 | +€72,198 | +23.4% |
| Tangible fixed assets | 22/27 | €308,549 | €380,747 | +€72,198 | +23.4% |
| Land and buildings | 22 | €296,323 | €348,494 | +€52,171 | +17.6% |
| Plant, machinery and equipment | 23 | €2,228 | €189 | -€2,039 | -91.5% |
| Furniture and vehicles | 24 | €9,998 | €6,155 | -€3,842 | -38.4% |
| Leasing and similar rights | 25 | - | €25,909 | +€25,909 | |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €174,947 | €232,845 | +€57,898 | +33.1% |
| Amounts receivable within one year | 40/41 | €46,754 | €120,854 | +€74,100 | +158% |
| Trade receivables | 40 | €40,515 | €53,641 | +€13,125 | +32.4% |
| Other amounts receivable | 41 | €6,239 | €67,213 | +€60,975 | +977% |
| Cash at bank and in hand | 54/58 | €126,184 | €111,990 | -€14,194 | -11.2% |
| Deferred charges and accrued income | 490/1 | €2,009 | - | -€2,009 | |
| Total equity and liabilities | 10/49 | €483,996 | €614,092 | +€130,096 | +26.9% |
| Equity | 10/15 | €135,708 | €203,988 | +€68,281 | +50.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €74,359 | +€72,500 | +3,900% |
| Non-distributable reserves | 130/1 | €1,859 | €14,359 | +€12,500 | +672% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Other | 1319 | - | €12,500 | +€12,500 | |
| Distributable reserves | 133 | - | €60,000 | +€60,000 | |
| Profit (loss) carried forward | 14 | €115,256 | €111,037 | -€4,219 | -3.7% |
| Amounts payable | 17/49 | €348,288 | €410,104 | +€61,815 | +17.7% |
| Amounts payable after more than one year | 17 | €262,122 | €307,063 | +€44,941 | +17.1% |
| Financial debts | 170/4 | €262,122 | €307,063 | +€44,941 | +17.1% |
| Amounts payable within one year | 42/48 | €86,166 | €103,041 | +€16,875 | +19.6% |
| Current portion of amounts payable after more than one year | 42 | €8,115 | €32,422 | +€24,307 | +300% |
| Trade debts | 44 | €57,130 | €29,222 | -€27,909 | -48.9% |
| Suppliers | 440/4 | €57,130 | €29,222 | -€27,909 | -48.9% |
| Advances received on contracts in progress | 46 | €3,454 | €3,454 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €12,795 | €37,944 | +€25,150 | +197% |
| Taxes | 450/3 | €2,584 | €29,113 | +€26,529 | +1,027% |
| Remuneration and social security | 454/9 | €10,211 | €8,831 | -€1,379 | -13.5% |
| Other amounts payable | 47/48 | €4,673 | - | -€4,673 | |
| Non-recurring operating income | 76A | €500 | - | -€500 | |
| Remuneration, social security and pensions | 62 | €165,931 | €169,387 | +€3,456 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,207 | €44,672 | +€17,465 | +64.2% |
| Other operating charges | 640/8 | €7,150 | €4,928 | -€2,223 | -31.1% |
| Gross operating margin | 9900 | €234,502 | €326,915 | +€92,414 | +39.4% |
| Operating profit (loss) | 9901 | €34,214 | €107,929 | +€73,715 | +215% |
| Financial income | 75/76B | €3,726 | €17,161 | +€13,435 | +361% |
| Recurring financial income | 75 | €3,726 | €17,161 | +€13,435 | +361% |
| Financial charges | 65/66B | €7,299 | €32,323 | +€25,024 | +343% |
| Recurring financial charges | 65 | €7,299 | €32,323 | +€25,024 | +343% |
| Profit (loss) for the period before taxes | 9903 | €30,641 | €92,767 | +€62,126 | +203% |
| Income taxes | 67/77 | €7,626 | €24,486 | +€16,860 | +221% |
| Profit (loss) for the period | 9904 | €23,015 | €68,281 | +€45,265 | +197% |
| Profit (loss) for the period to be appropriated | 9905 | €23,015 | €68,281 | +€45,265 | +197% |
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 19 October 2026 via checked.be.