MENUISERIE JACQUES THUNUS: 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 JACQUES THUNUS
Largest movements
- Cash +€23,924
up €23,924 (+61.5%), from €38,913 to €62,836
mainly Stocks and contracts (+€19,870) and Tax, wage and social debts (+€9,330)
- Stocks and contracts -€19,870
down €19,870 (-26.1%), from €76,037 to €56,166
- Tangible fixed assets -€8,492
down €8,492 (-66.1%), from €12,854 to €4,362
of which Plant, machinery and equipment: -€7,179
- Receivables within one year -€5,347
down €5,347 (-10.2%), from €52,301 to €46,955
of which Other amounts receivable: -€7,926
- Reserves -€11,269
down €11,269 (-8.4%), from €133,504 to €122,235
of which Distributable reserves: -€11,269
- Tax, wage and social debts +€9,330
up €9,330 (+433%), from €2,154 to €11,484
of which Taxes: +€11,484
- Accrued charges and deferred income -€4,708
no longer reported in 2025 (was €4,708)
- Trade debts -€4,522
down €4,522 (-34.6%), from €13,079 to €8,557
- Staff costs -€60,536
no longer reported in 2025 (was €60,536)
- Gross operating margin -€26,037
down €26,037 (-69.5%), from €37,453 to €11,416
- Write-downs +€24,139
up €24,139, from -€4,965 to €19,174
- Other operating charges -€5,700
down €5,700 (-78.8%), from €7,235 to €1,534
- Depreciation -€3,032
down €3,032 (-69.8%), from €4,345 to €1,313
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 | €181,514 | €170,347 | -€11,166 | -6.2% |
| Fixed assets | 21/28 | €12,854 | €4,362 | -€8,492 | -66.1% |
| Tangible fixed assets | 22/27 | €12,854 | €4,362 | -€8,492 | -66.1% |
| Land and buildings | 22 | €403 | - | -€403 | |
| Plant, machinery and equipment | 23 | €7,179 | - | -€7,179 | |
| Other tangible fixed assets | 26 | €5,272 | €4,362 | -€910 | -17.3% |
| Current assets | 29/58 | €168,660 | €165,985 | -€2,675 | -1.6% |
| Stocks and contracts in progress | 3 | €76,037 | €56,166 | -€19,870 | -26.1% |
| Stocks | 30/36 | €76,037 | €56,166 | -€19,870 | -26.1% |
| Amounts receivable within one year | 40/41 | €52,301 | €46,955 | -€5,347 | -10.2% |
| Trade receivables | 40 | €10,755 | €13,334 | +€2,579 | +24.0% |
| Other amounts receivable | 41 | €41,546 | €33,621 | -€7,926 | -19.1% |
| Cash at bank and in hand | 54/58 | €38,913 | €62,836 | +€23,924 | +61.5% |
| Deferred charges and accrued income | 490/1 | €1,410 | €28 | -€1,381 | -98.0% |
| Total equity and liabilities | 10/49 | €181,514 | €170,347 | -€11,166 | -6.2% |
| Equity | 10/15 | €158,504 | €147,235 | -€11,269 | -7.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €133,504 | €122,235 | -€11,269 | -8.4% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €131,004 | €119,735 | -€11,269 | -8.6% |
| Amounts payable | 17/49 | €23,009 | €23,112 | +€103 | +0.4% |
| Amounts payable within one year | 42/48 | €18,301 | €23,112 | +€4,811 | +26.3% |
| Trade debts | 44 | €13,079 | €8,557 | -€4,522 | -34.6% |
| Suppliers | 440/4 | €13,079 | €8,557 | -€4,522 | -34.6% |
| Taxes, remuneration and social security | 45 | €2,154 | €11,484 | +€9,330 | +433% |
| Taxes | 450/3 | - | €11,484 | +€11,484 | |
| Remuneration and social security | 454/9 | €2,154 | - | -€2,154 | |
| Other amounts payable | 47/48 | €3,069 | €3,072 | +€2 | +0.1% |
| Accrued charges and deferred income | 492/3 | €4,708 | - | -€4,708 | |
| Non-recurring operating income | 76A | €826 | €51,581 | +€50,754 | +6,141% |
| Remuneration, social security and pensions | 62 | €60,536 | - | -€60,536 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,345 | €1,313 | -€3,032 | -69.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€4,965 | €19,174 | +€24,139 | |
| Other operating charges | 640/8 | €7,235 | €1,534 | -€5,700 | -78.8% |
| Non-recurring operating charges | 66A | - | €275 | +€275 | |
| Gross operating margin | 9900 | €37,453 | €11,416 | -€26,037 | -69.5% |
| Operating profit (loss) | 9901 | -€29,698 | -€10,880 | +€18,818 | +63.4% |
| Financial income | 75/76B | €232 | €4 | -€228 | -98.4% |
| Recurring financial income | 75 | €232 | €4 | -€228 | -98.4% |
| Financial charges | 65/66B | €881 | €391 | -€490 | -55.6% |
| Recurring financial charges | 65 | €881 | €391 | -€490 | -55.6% |
| Profit (loss) for the period before taxes | 9903 | -€30,347 | -€11,268 | +€19,079 | +62.9% |
| Income taxes | 67/77 | €1 | €1 | -€0 | -0.9% |
| Profit (loss) for the period | 9904 | -€30,348 | -€11,269 | +€19,079 | +62.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,348 | -€11,269 | +€19,079 | +62.9% |
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 24 October 2026 via checked.be.