Menuiserie Michel Dans: 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 Michel Dans
Largest movements
- Stocks and contracts -€11,731
down €11,731 (-50.9%), from €23,034 to €11,303
- Tangible fixed assets -€5,802
down €5,802 (-21.1%), from €27,471 to €21,669
of which Leasing and similar rights: -€3,517
- Cash -€4,989
down €4,989 (-4.1%), from €121,487 to €116,498
mainly Contributions, distributions and other (-€120,314) and Trade debts (-€22,214)
- Deferred charges and accrued income +€2,302
up €2,302 (+45.3%), from €5,081 to €7,383
- Other debts +€124,985
up €124,985 (+3,275%), from €3,817 to €128,802
- Profit (loss) carried forward -€111,473
down €111,473 (-100%), from €111,473 to €0
- Trade debts -€22,214
down €22,214 (-37.6%), from €59,084 to €36,869
- Tax, wage and social debts -€7,794
down €7,794 (-57.4%), from €13,577 to €5,783
of which Remuneration and social security: -€7,563
- Debts after one year -€3,941
down €3,941 (-43.2%), from €9,122 to €5,182
- Staff costs +€50,513
up €50,513 (+79.2%), from €63,810 to €114,323
- Gross operating margin +€14,216
up €14,216 (+11.3%), from €126,279 to €140,495
- Taxes -€9,425
down €9,425 (-75.4%), from €12,505 to €3,080
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 | €208,424 | €186,781 | -€21,643 | -10.4% |
| Fixed assets | 21/28 | €27,471 | €21,669 | -€5,802 | -21.1% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €27,471 | €21,669 | -€5,802 | -21.1% |
| Plant, machinery and equipment | 23 | €8,333 | €5,428 | -€2,905 | -34.9% |
| Furniture and vehicles | 24 | €5,880 | €6,711 | +€830 | +14.1% |
| Leasing and similar rights | 25 | €11,892 | €8,374 | -€3,517 | -29.6% |
| Other tangible fixed assets | 26 | €1,366 | €1,156 | -€210 | -15.4% |
| Current assets | 29/58 | €180,953 | €165,112 | -€15,841 | -8.8% |
| Stocks and contracts in progress | 3 | €23,034 | €11,303 | -€11,731 | -50.9% |
| Stocks | 30/36 | €23,034 | €11,303 | -€11,731 | -50.9% |
| Amounts receivable within one year | 40/41 | €31,352 | €29,929 | -€1,423 | -4.5% |
| Trade receivables | 40 | €30,650 | €17,446 | -€13,204 | -43.1% |
| Other amounts receivable | 41 | €702 | €12,483 | +€11,781 | +1,679% |
| Cash at bank and in hand | 54/58 | €121,487 | €116,498 | -€4,989 | -4.1% |
| Deferred charges and accrued income | 490/1 | €5,081 | €7,383 | +€2,302 | +45.3% |
| Total equity and liabilities | 10/49 | €208,424 | €186,781 | -€21,643 | -10.4% |
| Equity | 10/15 | €114,473 | €3,000 | -€111,473 | -97.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €111,473 | €0 | -€111,473 | -100% |
| Amounts payable | 17/49 | €93,951 | €183,781 | +€89,830 | +95.6% |
| Amounts payable after more than one year | 17 | €9,122 | €5,182 | -€3,941 | -43.2% |
| Financial debts | 170/4 | €9,122 | €5,182 | -€3,941 | -43.2% |
| Amounts payable within one year | 42/48 | €84,828 | €178,600 | +€93,771 | +111% |
| Current portion of amounts payable after more than one year | 42 | €8,351 | €7,145 | -€1,206 | -14.4% |
| Trade debts | 44 | €59,084 | €36,869 | -€22,214 | -37.6% |
| Suppliers | 440/4 | €59,084 | €36,869 | -€22,214 | -37.6% |
| Taxes, remuneration and social security | 45 | €13,577 | €5,783 | -€7,794 | -57.4% |
| Taxes | 450/3 | €3,414 | €3,184 | -€230 | -6.7% |
| Remuneration and social security | 454/9 | €10,163 | €2,599 | -€7,563 | -74.4% |
| Other amounts payable | 47/48 | €3,817 | €128,802 | +€124,985 | +3,275% |
| Remuneration, social security and pensions | 62 | €63,810 | €114,323 | +€50,513 | +79.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,029 | €10,543 | -€486 | -4.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€370 | - | +€370 | |
| Other operating charges | 640/8 | €1,024 | €1,015 | -€9 | -0.9% |
| Gross operating margin | 9900 | €126,279 | €140,495 | +€14,216 | +11.3% |
| Operating profit (loss) | 9901 | €50,785 | €14,614 | -€36,171 | -71.2% |
| Financial income | 75/76B | €7 | €0 | -€7 | -100% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -100% |
| Financial charges | 65/66B | €1,788 | €2,694 | +€906 | +50.7% |
| Recurring financial charges | 65 | €1,788 | €2,694 | +€906 | +50.7% |
| Profit (loss) for the period before taxes | 9903 | €49,004 | €11,920 | -€37,084 | -75.7% |
| Income taxes | 67/77 | €12,505 | €3,080 | -€9,425 | -75.4% |
| Profit (loss) for the period | 9904 | €36,499 | €8,841 | -€27,659 | -75.8% |
| Profit (loss) for the period to be appropriated | 9905 | €36,499 | €8,841 | -€27,659 | -75.8% |
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 31 October 2026 via checked.be.