MENUISERIE DUFAYS: 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 DUFAYS
Largest movements
- Stocks and contracts -€109,952
down €109,952 (-37.9%), from €290,260 to €180,308
- Receivables within one year +€51,437
up €51,437 (+72.2%), from €71,260 to €122,697
of which Trade receivables: +€51,875
- Cash +€43,456
up €43,456 (+79.4%), from €54,704 to €98,161
mainly Stocks and contracts (+€109,952) and Other debts (+€10,299)
- Financial fixed assets +€7,719
up €7,719 (+309%), from €2,500 to €10,219
- Debts after one year -€22,787
down €22,787 (-14.7%), from €155,147 to €132,360
- Other debts +€10,299
up €10,299 (+13.6%), from €75,509 to €85,808
- Gross operating margin -€8,168
down €8,168 (-47.5%), from €17,189 to €9,021
- Taxes -€2,041
down €2,041 (-92.2%), from €2,215 to €174
- Financial income +€865
up €865 (+359%), from €241 to €1,106
- Depreciation +€719
up €719 (+11.2%), from €6,424 to €7,142
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €423,745 | €415,993 | -€7,752 | -1.8% |
| Fixed assets | 21/28 | €6,093 | €12,741 | +€6,648 | +109% |
| Tangible fixed assets | 22/27 | €3,593 | €2,521 | -€1,071 | -29.8% |
| Plant, machinery and equipment | 23 | €2,447 | - | -€2,447 | |
| Furniture and vehicles | 24 | €1,146 | €2,521 | +€1,375 | +120% |
| Financial fixed assets | 28 | €2,500 | €10,219 | +€7,719 | +309% |
| Current assets | 29/58 | €417,652 | €403,252 | -€14,400 | -3.4% |
| Stocks and contracts in progress | 3 | €290,260 | €180,308 | -€109,952 | -37.9% |
| Stocks | 30/36 | €290,260 | €180,308 | -€109,952 | -37.9% |
| Amounts receivable within one year | 40/41 | €71,260 | €122,697 | +€51,437 | +72.2% |
| Trade receivables | 40 | €70,232 | €122,107 | +€51,875 | +73.9% |
| Other amounts receivable | 41 | €1,028 | €590 | -€438 | -42.6% |
| Cash at bank and in hand | 54/58 | €54,704 | €98,161 | +€43,456 | +79.4% |
| Deferred charges and accrued income | 490/1 | €1,428 | €2,086 | +€659 | +46.1% |
| Total equity and liabilities | 10/49 | €423,745 | €415,993 | -€7,752 | -1.8% |
| Equity | 10/15 | €113,922 | €114,567 | +€645 | +0.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €72,541 | €72,541 | = | 0.0% |
| Distributable reserves | 133 | €72,541 | €72,541 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,782 | €23,427 | +€645 | +2.8% |
| Amounts payable | 17/49 | €309,823 | €301,425 | -€8,397 | -2.7% |
| Amounts payable after more than one year | 17 | €155,147 | €132,360 | -€22,787 | -14.7% |
| Financial debts | 170/4 | €155,147 | €132,360 | -€22,787 | -14.7% |
| Amounts payable within one year | 42/48 | €154,676 | €169,022 | +€14,347 | +9.3% |
| Current portion of amounts payable after more than one year | 42 | €22,579 | €22,787 | +€209 | +0.9% |
| Trade debts | 44 | €52,686 | €54,611 | +€1,925 | +3.7% |
| Suppliers | 440/4 | €52,686 | €54,611 | +€1,925 | +3.7% |
| Taxes, remuneration and social security | 45 | €3,903 | €5,816 | +€1,914 | +49.0% |
| Taxes | 450/3 | €3,903 | €4,373 | +€470 | +12.0% |
| Remuneration and social security | 454/9 | - | €1,444 | +€1,444 | |
| Other amounts payable | 47/48 | €75,509 | €85,808 | +€10,299 | +13.6% |
| Accrued charges and deferred income | 492/3 | - | €43 | +€43 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,424 | €7,142 | +€719 | +11.2% |
| Other operating charges | 640/8 | €668 | €679 | +€12 | +1.8% |
| Gross operating margin | 9900 | €17,189 | €9,021 | -€8,168 | -47.5% |
| Operating profit (loss) | 9901 | €10,097 | €1,199 | -€8,898 | -88.1% |
| Financial income | 75/76B | €241 | €1,106 | +€865 | +359% |
| Recurring financial income | 75 | €241 | €1,106 | +€865 | +359% |
| Financial charges | 65/66B | €1,442 | €1,486 | +€44 | +3.0% |
| Recurring financial charges | 65 | €1,442 | €1,486 | +€44 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | €8,896 | €819 | -€8,078 | -90.8% |
| Income taxes | 67/77 | €2,215 | €174 | -€2,041 | -92.2% |
| Profit (loss) for the period | 9904 | €6,682 | €645 | -€6,036 | -90.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,682 | €645 | -€6,036 | -90.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.