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MENUISERIE FREDERIC: what changed

Two fiscal 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.

What changed

MENUISERIE FREDERIC

BE 0803.482.672
NACE 70.200, Business and other management consultancy
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€29,648
2023 · -€748+€30,396
Equity
€33,042
2023 · €4,252+€28,789
Cash
€6,381
2023 · €1,583+€4,798
Balance sheet total
€202,957
2023 · €185,751+€17,206

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€13,000

    new in 2024: €13,000

  • Cash +€4,798

    up €4,798 (+303.2%), from €1,583 to €6,381

    mainly Net result for the year (+€29,648) and Tax, wage and social debts (+€2,804)

Equity and liabilities
  • Reserves +€28,042

    new in 2024: €28,042

  • Debts after one year -€18,000

    down €18,000 (-11.4%), from €157,500 to €139,500

  • Tax, wage and social debts +€2,804

    new in 2024: €2,804

  • Other debts +€2,359

    up €2,359 (+56.8%), from €4,152 to €6,511

Income statement
  • Financial income +€35,000

    new in 2024: €35,000

  • Taxes +€2,804

    new in 2024: €2,804

  • Gross operating margin -€1,499

    new in 2024: -€1,499

  • Depreciation +€247

    up €247 (+71.4%), from €346 to €592

  • Financial charges +€51

    up €51 (+291.5%), from €18 to €69

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€748
Depreciation -€247
Other operating charges -€3
Other operating items -€1,499
Financial income +€35,000
Financial charges -€51
Taxes -€2,804
Result 2024 €29,648

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€22,157
Investment €0
Financing -€17,359
Cash 2023 €1,583
Net result for the year +€29,648
Depreciation +€592
Receivables within one year -€13,000
Trade debts -€246
Tax, wage and social debts +€2,804
Other debts +€2,359
Debts after one year -€18,000
Current portion of long-term debt +€1,500
Contributions, distributions and other -€859
Cash 2024 €6,381
Every line side by side 36 lines
Line Code 2023 2024 Change %
Total assets 20/58 €185,751 €202,957 +€17,206 +9.3%
Formation expenses 20 €2,617 €2,024 -€592 -22.6%
Fixed assets 21/28 €181,552 €181,552 = 0.0%
Financial fixed assets 28 €181,552 €181,552 = 0.0%
Current assets 29/58 €1,583 €19,381 +€17,798 +1124.7%
Amounts receivable within one year 40/41 - €13,000 +€13,000
Other amounts receivable 41 - €13,000 +€13,000
Cash at bank and in hand 54/58 €1,583 €6,381 +€4,798 +303.2%
Total equity and liabilities 10/49 €185,751 €202,957 +€17,206 +9.3%
Equity 10/15 €4,252 €33,042 +€28,789 +677.0%
Contributions 10/11 €5,000 €5,000 = 0.0%
Reserves 13 - €28,042 +€28,042
Distributable reserves 133 - €28,042 +€28,042
Profit (loss) carried forward 14 -€748 €0 +€748
Amounts payable 17/49 €181,498 €169,915 -€11,583 -6.4%
Amounts payable after more than one year 17 €157,500 €139,500 -€18,000 -11.4%
Other amounts payable 178/9 €157,500 €139,500 -€18,000 -11.4%
Amounts payable within one year 42/48 €23,998 €30,415 +€6,417 +26.7%
Current portion of amounts payable after more than one year 42 €18,000 €19,500 +€1,500 +8.3%
Trade debts 44 €1,847 €1,600 -€246 -13.3%
Suppliers 440/4 €1,847 €1,600 -€246 -13.3%
Taxes, remuneration and social security 45 - €2,804 +€2,804
Taxes 450/3 - €2,804 +€2,804
Other amounts payable 47/48 €4,152 €6,511 +€2,359 +56.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €346 €592 +€247 +71.4%
Other operating charges 640/8 €384 €387 +€3 +0.8%
Gross operating margin 9900 - -€1,499 -€1,499
Operating profit (loss) 9901 -€730 -€2,479 -€1,749 -239.6%
Financial income 75/76B - €35,000 +€35,000
Recurring financial income 75 - €35,000 +€35,000
Financial charges 65/66B €18 €69 +€51 +291.5%
Recurring financial charges 65 €18 €69 +€51 +291.5%
Profit (loss) for the period before taxes 9903 -€748 €32,452 +€33,200
Income taxes 67/77 - €2,804 +€2,804
Profit (loss) for the period 9904 -€748 €29,648 +€30,396
Profit (loss) for the period to be appropriated 9905 -€748 €29,648 +€30,396

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.