Menuiserie DUCHESNE: what changed
What changed
Menuiserie DUCHESNE
NACE 16.230, Manufacture of other builders' carpentry and joinery
filed annual accounts (NBB)
Net result for the year
-€31,071
2024 · €23,763-€54,834
Equity
€145,397
2024 · €176,468-€31,071
Cash
€18,985
2024 · €19,118-€132
Balance sheet total
€379,626
2024 · €441,825-€62,199
Largest movements
Assets
- Receivables within one year -€55,747
down €55,747 (-54.8%), from €101,682 to €45,936
of which Trade receivables: -€49,217
- Tangible fixed assets -€5,972
down €5,972 (-3.4%), from €174,005 to €168,034
of which Furniture and vehicles: -€3,229
Equity and liabilities
- Profit (loss) carried forward -€31,071
down €31,071 (-25.2%), from -€123,532 to -€154,603
- Debts after one year -€18,567
down €18,567 (-22.0%), from €84,567 to €66,000
of which Financial debts: -€10,567
- Current portion of long-term debt -€9,410
down €9,410 (-28.2%), from €33,404 to €23,994
- Trade debts -€5,525
down €5,525 (-8.1%), from €67,982 to €62,457
Income statement
- Gross operating margin -€84,804
down €84,804 (-46.7%), from €181,714 to €96,910
- Staff costs -€23,587
down €23,587 (-18.6%), from €126,674 to €103,087
- Financial charges -€7,477
down €7,477 (-48.0%), from €15,567 to €8,090
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€23,763
Gross operating margin
-€84,804
Staff costs
+€23,587
Depreciation
-€687
Other operating charges
-€304
Other operating items
-€79
Financial income
+€4
Financial charges
+€7,477
Taxes
-€29
Result 2025
-€31,071
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€31,429
Investment
-€4,064
Financing
-€27,498
Cash 2024
€19,118
From operations (derived)
+€31,429
Net result for the year
-€31,071
Depreciation
+€10,036
Receivables within one year
+€55,747
Deferred charges and accrued income
+€348
Trade debts
-€5,525
Tax, wage and social debts
+€2,163
Other debts
-€268
Investment (derived)
-€4,064
Investment in fixed assets (net)
-€4,064
Financing
-€27,498
Debts after one year
-€18,567
Current portion of long-term debt
-€9,410
Short-term financial debts
+€480
Cash 2025
€18,985
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €441,825 | €379,626 | -€62,199 | -14.1% |
| Fixed assets | 21/28 | €175,220 | €169,248 | -€5,972 | -3.4% |
| Tangible fixed assets | 22/27 | €174,005 | €168,034 | -€5,972 | -3.4% |
| Land and buildings | 22 | €161,611 | €160,583 | -€1,028 | -0.6% |
| Plant, machinery and equipment | 23 | €4,874 | €3,159 | -€1,715 | -35.2% |
| Furniture and vehicles | 24 | €7,520 | €4,292 | -€3,229 | -42.9% |
| Financial fixed assets | 28 | €1,215 | €1,215 | = | 0.0% |
| Current assets | 29/58 | €266,605 | €210,378 | -€56,227 | -21.1% |
| Stocks and contracts in progress | 3 | €116,100 | €116,100 | = | 0.0% |
| Stocks | 30/36 | €116,100 | €116,100 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €101,682 | €45,936 | -€55,747 | -54.8% |
| Trade receivables | 40 | €91,202 | €41,985 | -€49,217 | -54.0% |
| Other amounts receivable | 41 | €10,480 | €3,951 | -€6,530 | -62.3% |
| Cash at bank and in hand | 54/58 | €19,118 | €18,985 | -€132 | -0.7% |
| Deferred charges and accrued income | 490/1 | €29,705 | €29,357 | -€348 | -1.2% |
| Total equity and liabilities | 10/49 | €441,825 | €379,626 | -€62,199 | -14.1% |
| Equity | 10/15 | €176,468 | €145,397 | -€31,071 | -17.6% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€123,532 | -€154,603 | -€31,071 | -25.2% |
| Amounts payable | 17/49 | €265,357 | €234,229 | -€31,128 | -11.7% |
| Amounts payable after more than one year | 17 | €84,567 | €66,000 | -€18,567 | -22.0% |
| Financial debts | 170/4 | €10,567 | €0 | -€10,567 | -100% |
| Other amounts payable | 178/9 | €74,000 | €66,000 | -€8,000 | -10.8% |
| Amounts payable within one year | 42/48 | €179,333 | €166,772 | -€12,561 | -7.0% |
| Current portion of amounts payable after more than one year | 42 | €33,404 | €23,994 | -€9,410 | -28.2% |
| Financial debts | 43 | €72,248 | €72,728 | +€480 | +0.7% |
| Credit institutions | 430/8 | €72,248 | €72,728 | +€480 | +0.7% |
| Trade debts | 44 | €67,982 | €62,457 | -€5,525 | -8.1% |
| Suppliers | 440/4 | €67,982 | €62,457 | -€5,525 | -8.1% |
| Taxes, remuneration and social security | 45 | €4,693 | €6,856 | +€2,163 | +46.1% |
| Taxes | 450/3 | €612 | €1,266 | +€654 | +107% |
| Remuneration and social security | 454/9 | €4,081 | €5,590 | +€1,509 | +37.0% |
| Other amounts payable | 47/48 | €1,005 | €737 | -€268 | -26.7% |
| Accrued charges and deferred income | 492/3 | €1,457 | €1,457 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €126,674 | €103,087 | -€23,587 | -18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,349 | €10,036 | +€687 | +7.3% |
| Other operating charges | 640/8 | €5,669 | €5,973 | +€304 | +5.4% |
| Non-recurring operating charges | 66A | €81 | €160 | +€79 | +97.1% |
| Gross operating margin | 9900 | €181,714 | €96,910 | -€84,804 | -46.7% |
| Operating profit (loss) | 9901 | €39,941 | -€22,345 | -€62,286 | |
| Financial income | 75/76B | €1 | €5 | +€4 | +635% |
| Recurring financial income | 75 | €1 | €5 | +€4 | +635% |
| Financial charges | 65/66B | €15,567 | €8,090 | -€7,477 | -48.0% |
| Recurring financial charges | 65 | €15,567 | €8,090 | -€7,477 | -48.0% |
| Profit (loss) for the period before taxes | 9903 | €24,375 | -€30,430 | -€54,805 | |
| Income taxes | 67/77 | €612 | €641 | +€29 | +4.7% |
| Profit (loss) for the period | 9904 | €23,763 | -€31,071 | -€54,834 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,763 | -€31,071 | -€54,834 |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.