MENUISERIE GRECO: 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 GRECO
Largest movements
- Receivables within one year +€41,193
up €41,193 (+443.8%), from €9,281 to €50,474
of which Trade receivables: +€42,206
- Stocks and contracts -€17,382
down €17,382 (-69.6%), from €24,971 to €7,589
of which Stocks: -€12,882
- Deferred charges and accrued income +€12,084
up €12,084 (+1709.0%), from €707 to €12,791
- Intangible fixed assets -€6,900
down €6,900 (-12.1%), from €56,925 to €50,025
- Tangible fixed assets -€2,367
down €2,367 (-45.2%), from €5,240 to €2,873
of which Plant, machinery and equipment: -€1,333
- Profit (loss) carried forward +€18,257
up €18,257 (+53.1%), from €34,389 to €52,646
- Trade debts +€11,675
up €11,675 (+112.6%), from €10,366 to €22,041
- Tax, wage and social debts +€9,401
up €9,401 (+86.3%), from €10,893 to €20,294
of which Taxes: +€5,779
- Other debts -€9,198
down €9,198 (-40.8%), from €22,559 to €13,361
- Debts after one year -€6,000
down €6,000 (-19.4%), from €31,000 to €25,000
- Staff costs +€40,497
new in 2025: €40,497
- Gross operating margin +€15,465
up €15,465 (+24.5%), from €63,128 to €78,593
- Depreciation -€5,925
down €5,925 (-39.0%), from €15,192 to €9,267
- Taxes -€5,446
down €5,446 (-57.1%), from €9,535 to €4,089
- Financial charges +€2,201
up €2,201 (+85.7%), from €2,569 to €4,770
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.
Cash bridge derived
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 | €117,069 | €143,272 | +€26,203 | +22.4% |
| Fixed assets | 21/28 | €62,528 | €53,261 | -€9,267 | -14.8% |
| Intangible fixed assets | 21 | €56,925 | €50,025 | -€6,900 | -12.1% |
| Tangible fixed assets | 22/27 | €5,240 | €2,873 | -€2,367 | -45.2% |
| Plant, machinery and equipment | 23 | €1,667 | €334 | -€1,333 | -80.0% |
| Furniture and vehicles | 24 | €3,573 | €2,539 | -€1,034 | -28.9% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €54,541 | €90,011 | +€35,470 | +65.0% |
| Stocks and contracts in progress | 3 | €24,971 | €7,589 | -€17,382 | -69.6% |
| Stocks | 30/36 | €14,971 | €2,089 | -€12,882 | -86.0% |
| Contracts in progress | 37 | €10,000 | €5,500 | -€4,500 | -45.0% |
| Amounts receivable within one year | 40/41 | €9,281 | €50,474 | +€41,193 | +443.8% |
| Trade receivables | 40 | €0 | €42,206 | +€42,206 | |
| Other amounts receivable | 41 | €9,281 | €8,268 | -€1,013 | -10.9% |
| Cash at bank and in hand | 54/58 | €19,582 | €19,157 | -€425 | -2.2% |
| Deferred charges and accrued income | 490/1 | €707 | €12,791 | +€12,084 | +1709.0% |
| Total equity and liabilities | 10/49 | €117,069 | €143,272 | +€26,203 | +22.4% |
| Equity | 10/15 | €41,389 | €59,646 | +€18,257 | +44.1% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,389 | €52,646 | +€18,257 | +53.1% |
| Amounts payable | 17/49 | €75,679 | €83,626 | +€7,946 | +10.5% |
| Amounts payable after more than one year | 17 | €31,000 | €25,000 | -€6,000 | -19.4% |
| Other amounts payable | 178/9 | €31,000 | €25,000 | -€6,000 | -19.4% |
| Amounts payable within one year | 42/48 | €43,817 | €55,695 | +€11,878 | +27.1% |
| Trade debts | 44 | €10,366 | €22,041 | +€11,675 | +112.6% |
| Suppliers | 440/4 | €10,366 | €22,041 | +€11,675 | +112.6% |
| Taxes, remuneration and social security | 45 | €10,893 | €20,294 | +€9,401 | +86.3% |
| Taxes | 450/3 | €9,138 | €14,917 | +€5,779 | +63.2% |
| Remuneration and social security | 454/9 | €1,755 | €5,377 | +€3,622 | +206.4% |
| Other amounts payable | 47/48 | €22,559 | €13,361 | -€9,198 | -40.8% |
| Accrued charges and deferred income | 492/3 | €862 | €2,930 | +€2,068 | +239.9% |
| Remuneration, social security and pensions | 62 | - | €40,497 | +€40,497 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,192 | €9,267 | -€5,925 | -39.0% |
| Other operating charges | 640/8 | €1,443 | €896 | -€547 | -37.9% |
| Gross operating margin | 9900 | €63,128 | €78,593 | +€15,465 | +24.5% |
| Operating profit (loss) | 9901 | €46,493 | €27,934 | -€18,559 | -39.9% |
| Financial income | 75/76B | €0 | €15 | +€15 | +150000.0% |
| Recurring financial income | 75 | €0 | €15 | +€15 | +150000.0% |
| Financial charges | 65/66B | €2,569 | €4,770 | +€2,201 | +85.7% |
| Recurring financial charges | 65 | €2,569 | €4,770 | +€2,201 | +85.7% |
| Profit (loss) for the period before taxes | 9903 | €43,925 | €23,179 | -€20,745 | -47.2% |
| Income taxes | 67/77 | €9,535 | €4,089 | -€5,446 | -57.1% |
| Profit (loss) for the period | 9904 | €34,389 | €19,090 | -€15,300 | -44.5% |
| Profit (loss) for the period to be appropriated | 9905 | €34,389 | €19,090 | -€15,300 | -44.5% |
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 11 October 2026 via checked.be.