MENUISERIE D'ARGENT: 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 D'ARGENT
Largest movements
- Tangible fixed assets -€8,037
down €8,037 (-40.3%), from €19,940 to €11,904
of which Furniture and vehicles: -€5,901
- Receivables within one year +€598
up €598 (+7.2%), from €8,351 to €8,950
of which Trade receivables: +€5,669
- Deferred charges and accrued income -€478
down €478 (-57.7%), from €829 to €351
- Profit (loss) carried forward -€7,624
down €7,624 (-35.3%), from -€21,596 to -€29,220
- Trade debts -€757
down €757 (-2.3%), from €32,655 to €31,898
- Tax, wage and social debts +€671
up €671 (+618%), from €109 to €780
- Gross operating margin +€16,519
up €16,519, from -€15,167 to €1,352
- Depreciation -€1,627
down €1,627 (-16.8%), from €9,664 to €8,037
- Financial income -€239
down €239 (-44.1%), from €542 to €303
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 | €31,619 | €23,909 | -€7,710 | -24.4% |
| Fixed assets | 21/28 | €19,940 | €11,904 | -€8,037 | -40.3% |
| Tangible fixed assets | 22/27 | €19,940 | €11,904 | -€8,037 | -40.3% |
| Plant, machinery and equipment | 23 | €2,064 | €729 | -€1,336 | -64.7% |
| Furniture and vehicles | 24 | €10,822 | €4,920 | -€5,901 | -54.5% |
| Other tangible fixed assets | 26 | €7,055 | €6,255 | -€800 | -11.3% |
| Current assets | 29/58 | €11,679 | €12,006 | +€327 | +2.8% |
| Amounts receivable within one year | 40/41 | €8,351 | €8,950 | +€598 | +7.2% |
| Trade receivables | 40 | €0 | €5,669 | +€5,669 | |
| Other amounts receivable | 41 | €8,351 | €3,280 | -€5,071 | -60.7% |
| Cash at bank and in hand | 54/58 | €2,499 | €2,705 | +€207 | +8.3% |
| Deferred charges and accrued income | 490/1 | €829 | €351 | -€478 | -57.7% |
| Total equity and liabilities | 10/49 | €31,619 | €23,909 | -€7,710 | -24.4% |
| Equity | 10/15 | -€1,145 | -€8,768 | -€7,624 | -666% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,596 | -€29,220 | -€7,624 | -35.3% |
| Amounts payable | 17/49 | €32,764 | €32,678 | -€86 | -0.3% |
| Amounts payable within one year | 42/48 | €32,764 | €32,678 | -€86 | -0.3% |
| Trade debts | 44 | €32,655 | €31,898 | -€757 | -2.3% |
| Suppliers | 440/4 | €32,655 | €31,898 | -€757 | -2.3% |
| Taxes, remuneration and social security | 45 | €109 | €780 | +€671 | +618% |
| Taxes | 450/3 | €109 | €780 | +€671 | +618% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,664 | €8,037 | -€1,627 | -16.8% |
| Other operating charges | 640/8 | €941 | €888 | -€53 | -5.6% |
| Gross operating margin | 9900 | -€15,167 | €1,352 | +€16,519 | |
| Operating profit (loss) | 9901 | -€25,772 | -€7,573 | +€18,198 | +70.6% |
| Financial income | 75/76B | €542 | €303 | -€239 | -44.1% |
| Recurring financial income | 75 | €542 | €303 | -€239 | -44.1% |
| Financial charges | 65/66B | €344 | €354 | +€10 | +2.9% |
| Recurring financial charges | 65 | €344 | €354 | +€10 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | -€25,573 | -€7,624 | +€17,949 | +70.2% |
| Profit (loss) for the period | 9904 | -€25,573 | -€7,624 | +€17,949 | +70.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,573 | -€7,624 | +€17,949 | +70.2% |
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 14 October 2026 via checked.be.