MENUISERIE DEMARCHE: 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 DEMARCHE
Largest movements
- Receivables within one year -€247,022
down €247,022 (-59.1%), from €418,251 to €171,229
of which Trade receivables: -€245,543
- Cash +€172,554
up €172,554 (+47.0%), from €367,467 to €540,021
mainly Net result for the year (+€262,753) and Receivables within one year (+€247,022)
- Stocks and contracts -€42,973
down €42,973 (-10.4%), from €413,939 to €370,966
of which Stocks: -€75,473
- Tangible fixed assets -€36,476
down €36,476 (-16.8%), from €217,574 to €181,099
of which Plant, machinery and equipment: -€35,766
- Advances received -€185,343
down €185,343 (-86.9%), from €213,343 to €28,000
- Profit (loss) carried forward +€62,753
up €62,753 (+8.0%), from €787,128 to €849,881
- Trade debts -€18,915
down €18,915 (-56.9%), from €33,267 to €14,352
- Gross operating margin +€120,959
up €120,959 (+14.6%), from €831,071 to €952,031
- Staff costs +€39,663
up €39,663 (+7.9%), from €503,696 to €543,359
- Taxes +€17,228
up €17,228 (+23.9%), from €71,937 to €89,165
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 | €1,423,637 | €1,282,995 | -€140,643 | -9.9% |
| Fixed assets | 21/28 | €217,703 | €185,788 | -€31,915 | -14.7% |
| Intangible fixed assets | 21 | €129 | €4,690 | +€4,560 | +3,532% |
| Tangible fixed assets | 22/27 | €217,574 | €181,099 | -€36,476 | -16.8% |
| Land and buildings | 22 | €2,657 | €0 | -€2,657 | -100% |
| Plant, machinery and equipment | 23 | €175,017 | €139,251 | -€35,766 | -20.4% |
| Furniture and vehicles | 24 | €39,900 | €41,848 | +€1,947 | +4.9% |
| Current assets | 29/58 | €1,205,934 | €1,097,207 | -€108,728 | -9.0% |
| Stocks and contracts in progress | 3 | €413,939 | €370,966 | -€42,973 | -10.4% |
| Stocks | 30/36 | €348,139 | €272,666 | -€75,473 | -21.7% |
| Contracts in progress | 37 | €65,800 | €98,300 | +€32,500 | +49.4% |
| Amounts receivable within one year | 40/41 | €418,251 | €171,229 | -€247,022 | -59.1% |
| Trade receivables | 40 | €392,097 | €146,554 | -€245,543 | -62.6% |
| Other amounts receivable | 41 | €26,154 | €24,675 | -€1,480 | -5.7% |
| Cash at bank and in hand | 54/58 | €367,467 | €540,021 | +€172,554 | +47.0% |
| Deferred charges and accrued income | 490/1 | €6,277 | €14,991 | +€8,714 | +139% |
| Total equity and liabilities | 10/49 | €1,423,637 | €1,282,995 | -€140,643 | -9.9% |
| Equity | 10/15 | €897,126 | €959,879 | +€62,753 | +7.0% |
| Contributions | 10/11 | €99,998 | €99,998 | = | 0.0% |
| Capital | 10 | €99,998 | €99,998 | = | 0.0% |
| Issued capital | 100 | €99,998 | €99,998 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €787,128 | €849,881 | +€62,753 | +8.0% |
| Amounts payable | 17/49 | €526,511 | €323,116 | -€203,396 | -38.6% |
| Amounts payable within one year | 42/48 | €522,554 | €323,116 | -€199,438 | -38.2% |
| Trade debts | 44 | €33,267 | €14,352 | -€18,915 | -56.9% |
| Suppliers | 440/4 | €33,267 | €14,352 | -€18,915 | -56.9% |
| Advances received on contracts in progress | 46 | €213,343 | €28,000 | -€185,343 | -86.9% |
| Taxes, remuneration and social security | 45 | €75,944 | €80,764 | +€4,820 | +6.3% |
| Taxes | 450/3 | €31,537 | €30,761 | -€776 | -2.5% |
| Remuneration and social security | 454/9 | €44,407 | €50,003 | +€5,596 | +12.6% |
| Other amounts payable | 47/48 | €200,000 | €200,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €3,958 | €0 | -€3,958 | -100% |
| Non-recurring operating income | 76A | - | €20,234 | +€20,234 | |
| Remuneration, social security and pensions | 62 | €503,696 | €543,359 | +€39,663 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,267 | €57,773 | -€494 | -0.8% |
| Other operating charges | 640/8 | €9,862 | €8,560 | -€1,302 | -13.2% |
| Gross operating margin | 9900 | €831,071 | €952,031 | +€120,959 | +14.6% |
| Operating profit (loss) | 9901 | €259,247 | €342,339 | +€83,092 | +32.1% |
| Financial income | 75/76B | €11,326 | €10,571 | -€755 | -6.7% |
| Recurring financial income | 75 | €11,326 | €10,571 | -€755 | -6.7% |
| Financial charges | 65/66B | €890 | €992 | +€102 | +11.5% |
| Recurring financial charges | 65 | €890 | €992 | +€102 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | €269,684 | €351,918 | +€82,235 | +30.5% |
| Income taxes | 67/77 | €71,937 | €89,165 | +€17,228 | +23.9% |
| Profit (loss) for the period | 9904 | €197,747 | €262,753 | +€65,006 | +32.9% |
| Profit (loss) for the period to be appropriated | 9905 | €197,747 | €262,753 | +€65,006 | +32.9% |
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 16 October 2026 via checked.be.