MENUISERIE LAURENT: 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 LAURENT
Largest movements
- Tangible fixed assets -€100,764
down €100,764 (-36.0%), from €279,586 to €178,822
of which Leasing and similar rights: -€51,696
- Stocks and contracts -€83,736
down €83,736 (-41.6%), from €201,314 to €117,579
- Receivables within one year +€37,876
up €37,876 (+25.3%), from €149,687 to €187,563
of which Trade receivables: +€50,241
- Cash -€28,762
down €28,762 (-44.8%), from €64,242 to €35,481
mainly Debts after one year (-€61,030) and Contributions, distributions and other (-€53,284)
- Deferred charges and accrued income -€23,654
down €23,654 (-53.3%), from €44,350 to €20,696
- Debts after one year -€61,030
down €61,030 (-43.4%), from €140,662 to €79,632
- Reserves -€44,203
down €44,203 (-28.6%), from €154,439 to €110,236
- Tax, wage and social debts -€36,551
down €36,551 (-39.0%), from €93,796 to €57,245
of which Remuneration and social security: -€57,134
- Trade debts -€28,926
down €28,926 (-17.8%), from €162,638 to €133,712
- Short-term financial debts -€25,000
down €25,000 (-21.7%), from €115,000 to €90,000
- Gross operating margin +€75,758
up €75,758 (+12.5%), from €605,546 to €681,304
- Staff costs +€70,961
up €70,961 (+15.5%), from €457,336 to €528,298
- Other operating charges +€19,299
up €19,299 (+258%), from €7,490 to €26,789
- Financial income +€10,796
up €10,796 (+79.1%), from €13,648 to €24,444
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 | €840,521 | €641,482 | -€199,039 | -23.7% |
| Fixed assets | 21/28 | €380,928 | €280,164 | -€100,764 | -26.5% |
| Tangible fixed assets | 22/27 | €279,586 | €178,822 | -€100,764 | -36.0% |
| Plant, machinery and equipment | 23 | €76,527 | €44,983 | -€31,544 | -41.2% |
| Furniture and vehicles | 24 | €75,883 | €60,668 | -€15,214 | -20.0% |
| Leasing and similar rights | 25 | €115,305 | €63,609 | -€51,696 | -44.8% |
| Other tangible fixed assets | 26 | €11,871 | €9,561 | -€2,310 | -19.5% |
| Financial fixed assets | 28 | €101,342 | €101,342 | = | 0.0% |
| Current assets | 29/58 | €459,593 | €361,318 | -€98,275 | -21.4% |
| Stocks and contracts in progress | 3 | €201,314 | €117,579 | -€83,736 | -41.6% |
| Stocks | 30/36 | €201,314 | €117,579 | -€83,736 | -41.6% |
| Amounts receivable within one year | 40/41 | €149,687 | €187,563 | +€37,876 | +25.3% |
| Trade receivables | 40 | €116,171 | €166,412 | +€50,241 | +43.2% |
| Other amounts receivable | 41 | €33,516 | €21,151 | -€12,365 | -36.9% |
| Cash at bank and in hand | 54/58 | €64,242 | €35,481 | -€28,762 | -44.8% |
| Deferred charges and accrued income | 490/1 | €44,350 | €20,696 | -€23,654 | -53.3% |
| Total equity and liabilities | 10/49 | €840,521 | €641,482 | -€199,039 | -23.7% |
| Equity | 10/15 | €162,369 | €118,166 | -€44,203 | -27.2% |
| Contributions | 10/11 | €7,930 | €7,930 | = | 0.0% |
| Reserves | 13 | €154,439 | €110,236 | -€44,203 | -28.6% |
| Distributable reserves | 133 | €154,439 | €110,236 | -€44,203 | -28.6% |
| Investment grants | 15 | €0 | €0 | = | |
| Amounts payable | 17/49 | €678,152 | €523,317 | -€154,836 | -22.8% |
| Amounts payable after more than one year | 17 | €140,662 | €79,632 | -€61,030 | -43.4% |
| Financial debts | 170/4 | €140,662 | €79,632 | -€61,030 | -43.4% |
| Amounts payable within one year | 42/48 | €535,424 | €443,685 | -€91,739 | -17.1% |
| Current portion of amounts payable after more than one year | 42 | €97,342 | €74,111 | -€23,231 | -23.9% |
| Financial debts | 43 | €115,000 | €90,000 | -€25,000 | -21.7% |
| Credit institutions | 430/8 | €115,000 | €90,000 | -€25,000 | -21.7% |
| Trade debts | 44 | €162,638 | €133,712 | -€28,926 | -17.8% |
| Suppliers | 440/4 | €162,638 | €133,712 | -€28,926 | -17.8% |
| Taxes, remuneration and social security | 45 | €93,796 | €57,245 | -€36,551 | -39.0% |
| Taxes | 450/3 | €13,464 | €34,047 | +€20,583 | +153% |
| Remuneration and social security | 454/9 | €80,332 | €23,198 | -€57,134 | -71.1% |
| Other amounts payable | 47/48 | €66,648 | €88,617 | +€21,968 | +33.0% |
| Accrued charges and deferred income | 492/3 | €2,066 | €0 | -€2,066 | -100% |
| Remuneration, social security and pensions | 62 | €457,336 | €528,298 | +€70,961 | +15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €123,556 | €120,731 | -€2,825 | -2.3% |
| Other operating charges | 640/8 | €7,490 | €26,789 | +€19,299 | +258% |
| Gross operating margin | 9900 | €605,546 | €681,304 | +€75,758 | +12.5% |
| Operating profit (loss) | 9901 | €17,163 | €5,486 | -€11,677 | -68.0% |
| Financial income | 75/76B | €13,648 | €24,444 | +€10,796 | +79.1% |
| Recurring financial income | 75 | €13,648 | €24,444 | +€10,796 | +79.1% |
| Financial charges | 65/66B | €19,191 | €15,914 | -€3,278 | -17.1% |
| Recurring financial charges | 65 | €19,191 | €15,914 | -€3,278 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | €11,620 | €14,016 | +€2,397 | +20.6% |
| Income taxes | 67/77 | €4,359 | €4,936 | +€577 | +13.2% |
| Profit (loss) for the period | 9904 | €7,261 | €9,081 | +€1,820 | +25.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,261 | €9,081 | +€1,820 | +25.1% |
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 28 October 2026 via checked.be.