Menuiserie Eric LONNEUX: 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 Eric LONNEUX
Largest movements
- Cash +€353,884
up €353,884 (+26.4%), from €1.3m to €1.7m
mainly Other debts (+€535,884) and Current investments (+€300,000)
- Current investments -€300,000
down €300,000 (-100%), from €300,000 to €0
- Stocks and contracts +€32,653
up €32,653 (+155%), from €21,113 to €53,767
- Receivables within one year -€19,505
down €19,505 (-43.5%), from €44,887 to €25,381
of which Trade receivables: -€15,254
- Tangible fixed assets +€18,850
up €18,850 (+44.9%), from €41,977 to €60,827
of which Land and buildings: +€26,036
- Other debts +€535,884
up €535,884 (+1,768%), from €30,304 to €566,188
- Reserves -€383,789
down €383,789 (-24.8%), from €1.5m to €1.2m
of which Distributable reserves: -€383,789
- Tax, wage and social debts -€66,469
down €66,469 (-93.9%), from €70,816 to €4,348
of which Taxes: -€55,074
- Gross operating margin -€194,255
down €194,255 (-38.2%), from €508,772 to €314,517
- Staff costs -€65,078
down €65,078 (-48.1%), from €135,432 to €70,354
- Taxes -€41,315
down €41,315 (-33.3%), from €124,016 to €82,702
- Financial income -€13,932
down €13,932 (-24.2%), from €57,541 to €43,609
of which Non-recurring financial income: -€26,000
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 | €1,751,701 | €1,837,161 | +€85,460 | +4.9% |
| Fixed assets | 21/28 | €41,977 | €60,827 | +€18,850 | +44.9% |
| Tangible fixed assets | 22/27 | €41,977 | €60,827 | +€18,850 | +44.9% |
| Land and buildings | 22 | €6,551 | €32,587 | +€26,036 | +397% |
| Plant, machinery and equipment | 23 | €1,849 | €7,485 | +€5,636 | +305% |
| Furniture and vehicles | 24 | €33,577 | €20,755 | -€12,822 | -38.2% |
| Current assets | 29/58 | €1,709,724 | €1,776,334 | +€66,610 | +3.9% |
| Stocks and contracts in progress | 3 | €21,113 | €53,767 | +€32,653 | +155% |
| Stocks | 30/36 | €21,113 | €53,767 | +€32,653 | +155% |
| Amounts receivable within one year | 40/41 | €44,887 | €25,381 | -€19,505 | -43.5% |
| Trade receivables | 40 | €39,494 | €24,240 | -€15,254 | -38.6% |
| Other amounts receivable | 41 | €5,392 | €1,141 | -€4,251 | -78.8% |
| Current investments | 50/53 | €300,000 | €0 | -€300,000 | -100% |
| Cash at bank and in hand | 54/58 | €1,342,885 | €1,696,769 | +€353,884 | +26.4% |
| Deferred charges and accrued income | 490/1 | €839 | €417 | -€422 | -50.3% |
| Total equity and liabilities | 10/49 | €1,751,701 | €1,837,161 | +€85,460 | +4.9% |
| Equity | 10/15 | €1,637,095 | €1,253,305 | -€383,789 | -23.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €1,544,525 | €1,160,736 | -€383,789 | -24.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €21,560 | €21,560 | = | 0.0% |
| Distributable reserves | 133 | €1,522,965 | €1,139,176 | -€383,789 | -25.2% |
| Profit (loss) carried forward | 14 | €67,570 | €67,570 | = | 0.0% |
| Amounts payable | 17/49 | €114,606 | €583,856 | +€469,250 | +409% |
| Amounts payable within one year | 42/48 | €114,606 | €583,856 | +€469,250 | +409% |
| Trade debts | 44 | €13,486 | €13,321 | -€166 | -1.2% |
| Suppliers | 440/4 | €13,486 | €13,321 | -€166 | -1.2% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €70,816 | €4,348 | -€66,469 | -93.9% |
| Taxes | 450/3 | €59,422 | €4,348 | -€55,074 | -92.7% |
| Remuneration and social security | 454/9 | €11,394 | €0 | -€11,394 | -100% |
| Other amounts payable | 47/48 | €30,304 | €566,188 | +€535,884 | +1,768% |
| Remuneration, social security and pensions | 62 | €135,432 | €70,354 | -€65,078 | -48.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,633 | €19,113 | +€3,480 | +22.3% |
| Other operating charges | 640/8 | €4,507 | €4,040 | -€467 | -10.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €508,772 | €314,517 | -€194,255 | -38.2% |
| Operating profit (loss) | 9901 | €353,200 | €221,009 | -€132,190 | -37.4% |
| Financial income | 75/76B | €57,541 | €43,609 | -€13,932 | -24.2% |
| Recurring financial income | 75 | €30,041 | €42,109 | +€12,068 | +40.2% |
| Non-recurring financial income | 76B | €27,500 | €1,500 | -€26,000 | -94.5% |
| Financial charges | 65/66B | €384 | €878 | +€494 | +129% |
| Recurring financial charges | 65 | €384 | €878 | +€494 | +129% |
| Profit (loss) for the period before taxes | 9903 | €410,357 | €263,740 | -€146,617 | -35.7% |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Income taxes | 67/77 | €124,016 | €82,702 | -€41,315 | -33.3% |
| Profit (loss) for the period | 9904 | €286,341 | €181,039 | -€105,302 | -36.8% |
| Profit (loss) for the period to be appropriated | 9905 | €286,341 | €181,039 | -€105,302 | -36.8% |
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 1 November 2026 via checked.be.