Menuiserie Corman: 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 Corman
Largest movements
- Cash -€21,558
down €21,558 (-62.0%), from €34,758 to €13,200
mainly Trade debts (-€18,881) and Debts after one year (-€14,522)
- Tangible fixed assets -€15,274
down €15,274 (-23.7%), from €64,498 to €49,224
of which Leasing and similar rights: -€9,140
- Stocks and contracts -€1,466
down €1,466 (-80.3%), from €1,826 to €360
of which Contracts in progress: -€1,826
- Trade debts -€18,881
down €18,881 (-74.4%), from €25,387 to €6,506
- Debts after one year -€14,522
down €14,522 (-34.9%), from €41,636 to €27,115
- Other debts -€5,000
down €5,000 (-26.7%), from €18,701 to €13,701
- Advances received -€4,800
down €4,800 (-100%), from €4,800 to €0
- Profit (loss) carried forward +€1,981
up €1,981, from -€1,157 to €824
- Depreciation +€8,257
up €8,257 (+118%), from €7,017 to €15,274
- Gross operating margin +€3,024
up €3,024 (+16.6%), from €18,214 to €21,238
- Financial charges +€1,416
up €1,416 (+95.5%), from €1,482 to €2,898
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 | €111,096 | €71,945 | -€39,151 | -35.2% |
| Fixed assets | 21/28 | €64,498 | €49,224 | -€15,274 | -23.7% |
| Tangible fixed assets | 22/27 | €64,498 | €49,224 | -€15,274 | -23.7% |
| Plant, machinery and equipment | 23 | €18,837 | €13,550 | -€5,286 | -28.1% |
| Furniture and vehicles | 24 | €1,796 | €949 | -€848 | -47.2% |
| Leasing and similar rights | 25 | €43,865 | €34,725 | -€9,140 | -20.8% |
| Current assets | 29/58 | €46,598 | €22,721 | -€23,877 | -51.2% |
| Stocks and contracts in progress | 3 | €1,826 | €360 | -€1,466 | -80.3% |
| Stocks | 30/36 | - | €360 | +€360 | |
| Contracts in progress | 37 | €1,826 | €0 | -€1,826 | -100% |
| Amounts receivable within one year | 40/41 | €9,603 | €8,903 | -€700 | -7.3% |
| Trade receivables | 40 | €8,923 | €6,479 | -€2,444 | -27.4% |
| Other amounts receivable | 41 | €680 | €2,425 | +€1,744 | +256% |
| Cash at bank and in hand | 54/58 | €34,758 | €13,200 | -€21,558 | -62.0% |
| Deferred charges and accrued income | 490/1 | €411 | €258 | -€153 | -37.2% |
| Total equity and liabilities | 10/49 | €111,096 | €71,945 | -€39,151 | -35.2% |
| Equity | 10/15 | €5,843 | €7,824 | +€1,981 | +33.9% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,157 | €824 | +€1,981 | |
| Amounts payable | 17/49 | €105,253 | €64,121 | -€41,132 | -39.1% |
| Amounts payable after more than one year | 17 | €41,636 | €27,115 | -€14,522 | -34.9% |
| Financial debts | 170/4 | €41,636 | €27,115 | -€14,522 | -34.9% |
| Amounts payable within one year | 42/48 | €63,616 | €36,969 | -€26,648 | -41.9% |
| Current portion of amounts payable after more than one year | 42 | €13,823 | €14,522 | +€699 | +5.1% |
| Trade debts | 44 | €25,387 | €6,506 | -€18,881 | -74.4% |
| Suppliers | 440/4 | €25,387 | €6,506 | -€18,881 | -74.4% |
| Advances received on contracts in progress | 46 | €4,800 | €0 | -€4,800 | -100% |
| Taxes, remuneration and social security | 45 | €906 | €2,240 | +€1,334 | +147% |
| Taxes | 450/3 | €906 | €2,240 | +€1,334 | +147% |
| Other amounts payable | 47/48 | €18,701 | €13,701 | -€5,000 | -26.7% |
| Accrued charges and deferred income | 492/3 | - | €37 | +€37 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,017 | €15,274 | +€8,257 | +118% |
| Other operating charges | 640/8 | €871 | €1,010 | +€138 | +15.8% |
| Non-recurring operating charges | 66A | €10,000 | €0 | -€10,000 | -100% |
| Gross operating margin | 9900 | €18,214 | €21,238 | +€3,024 | +16.6% |
| Operating profit (loss) | 9901 | €325 | €4,954 | +€4,629 | +1,422% |
| Financial charges | 65/66B | €1,482 | €2,898 | +€1,416 | +95.5% |
| Recurring financial charges | 65 | €1,482 | €2,898 | +€1,416 | +95.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,157 | €2,057 | +€3,213 | |
| Income taxes | 67/77 | - | €75 | +€75 | |
| Profit (loss) for the period | 9904 | -€1,157 | €1,981 | +€3,138 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,157 | €1,981 | +€3,138 |
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 18 October 2026 via checked.be.