Menuiserie Lenoir: 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 Lenoir
Largest movements
- Cash +€23,654
up €23,654 (+104%), from €22,777 to €46,431
mainly Net result for the year (+€26,008) and Other debts (+€14,532)
- Receivables within one year +€17,058
up €17,058 (+145%), from €11,744 to €28,801
of which Trade receivables: +€13,758
- Deferred charges and accrued income -€6,646
down €6,646 (-98.1%), from €6,772 to €127
- Other debts +€14,532
up €14,532 (+139%), from €10,468 to €24,999
- Trade debts +€12,181
up €12,181 (+175%), from €6,970 to €19,151
- Advances received +€6,478
up €6,478 (+95.0%), from €6,821 to €13,299
- Profit (loss) carried forward +€2,478
up €2,478 (+24.5%), from €10,131 to €12,610
- Gross operating margin +€33,940
up €33,940 (+215%), from €15,758 to €49,698
- Taxes +€6,239
up €6,239 (+1,060%), from €589 to €6,828
- Depreciation +€2,008
up €2,008 (+68.8%), from €2,919 to €4,927
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 | €53,180 | €88,056 | +€34,876 | +65.6% |
| Fixed assets | 21/28 | €8,353 | €9,056 | +€703 | +8.4% |
| Tangible fixed assets | 22/27 | €7,853 | €8,065 | +€212 | +2.7% |
| Plant, machinery and equipment | 23 | €7,709 | €4,508 | -€3,202 | -41.5% |
| Furniture and vehicles | 24 | €144 | €3,557 | +€3,414 | +2,374% |
| Financial fixed assets | 28 | €500 | €991 | +€491 | +98.2% |
| Current assets | 29/58 | €44,827 | €79,000 | +€34,173 | +76.2% |
| Stocks and contracts in progress | 3 | €3,534 | €3,641 | +€107 | +3.0% |
| Stocks | 30/36 | €3,534 | €3,641 | +€107 | +3.0% |
| Amounts receivable within one year | 40/41 | €11,744 | €28,801 | +€17,058 | +145% |
| Trade receivables | 40 | €9,332 | €23,090 | +€13,758 | +147% |
| Other amounts receivable | 41 | €2,411 | €5,711 | +€3,300 | +137% |
| Cash at bank and in hand | 54/58 | €22,777 | €46,431 | +€23,654 | +104% |
| Deferred charges and accrued income | 490/1 | €6,772 | €127 | -€6,646 | -98.1% |
| Total equity and liabilities | 10/49 | €53,180 | €88,056 | +€34,876 | +65.6% |
| Equity | 10/15 | €25,131 | €27,610 | +€2,478 | +9.9% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,131 | €12,610 | +€2,478 | +24.5% |
| Amounts payable | 17/49 | €28,049 | €60,446 | +€32,397 | +116% |
| Amounts payable within one year | 42/48 | €28,036 | €60,446 | +€32,410 | +116% |
| Trade debts | 44 | €6,970 | €19,151 | +€12,181 | +175% |
| Suppliers | 440/4 | €6,970 | €19,151 | +€12,181 | +175% |
| Advances received on contracts in progress | 46 | €6,821 | €13,299 | +€6,478 | +95.0% |
| Taxes, remuneration and social security | 45 | €3,777 | €2,996 | -€781 | -20.7% |
| Taxes | 450/3 | €3,726 | €828 | -€2,898 | -77.8% |
| Remuneration and social security | 454/9 | €51 | €2,168 | +€2,117 | +4,167% |
| Other amounts payable | 47/48 | €10,468 | €24,999 | +€14,532 | +139% |
| Accrued charges and deferred income | 492/3 | €13 | €0 | -€13 | -98.8% |
| Remuneration, social security and pensions | 62 | €10,880 | €11,254 | +€374 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,919 | €4,927 | +€2,008 | +68.8% |
| Other operating charges | 640/8 | €536 | €467 | -€69 | -12.9% |
| Gross operating margin | 9900 | €15,758 | €49,698 | +€33,940 | +215% |
| Operating profit (loss) | 9901 | €1,423 | €33,051 | +€31,627 | +2,222% |
| Financial income | 75/76B | €79 | - | -€79 | |
| Recurring financial income | 75 | €79 | - | -€79 | |
| Financial charges | 65/66B | €171 | €215 | +€44 | +25.7% |
| Recurring financial charges | 65 | €171 | €215 | +€44 | +25.7% |
| Profit (loss) for the period before taxes | 9903 | €1,331 | €32,836 | +€31,504 | +2,367% |
| Income taxes | 67/77 | €589 | €6,828 | +€6,239 | +1,060% |
| Profit (loss) for the period | 9904 | €742 | €26,008 | +€25,265 | +3,403% |
| Profit (loss) for the period to be appropriated | 9905 | €742 | €26,008 | +€25,265 | +3,403% |
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 27 October 2026 via checked.be.