Menuiserie MILET: 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 MILET
Largest movements
- Stocks and contracts +€23,360
up €23,360 (+161%), from €14,540 to €37,900
of which Contracts in progress: +€12,000
- Cash -€17,293
down €17,293 (-100%), from €17,293 to €0
mainly Investment in fixed assets (net) (-€38,655) and Stocks and contracts (-€23,360)
- Receivables within one year +€15,138
up €15,138 (+110%), from €13,776 to €28,914
of which Trade receivables: +€13,845
- Tangible fixed assets +€4,550
up €4,550 (+1.7%), from €275,114 to €279,665
of which Plant, machinery and equipment: +€10,278
- Trade debts +€21,971
up €21,971 (+370%), from €5,931 to €27,902
- Current portion of long-term debt +€3,905
up €3,905 (+28.5%), from €13,685 to €17,590
- Other debts -€3,617
down €3,617 (-3.2%), from €112,373 to €108,756
- Gross operating margin -€26,100
down €26,100 (-41.9%), from €62,327 to €36,228
- Financial income +€10,528
up €10,528 (+65,966%), from €16 to €10,544
- Taxes -€3,717
down €3,717 (-94.5%), from €3,931 to €215
- Depreciation +€2,075
up €2,075 (+6.5%), from €32,029 to €34,105
- Staff costs +€1,118
up €1,118 (+85.5%), from €1,308 to €2,425
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 | €320,723 | €346,478 | +€25,755 | +8.0% |
| Fixed assets | 21/28 | €275,114 | €279,665 | +€4,550 | +1.7% |
| Tangible fixed assets | 22/27 | €275,114 | €279,665 | +€4,550 | +1.7% |
| Land and buildings | 22 | €227,931 | €232,928 | +€4,997 | +2.2% |
| Plant, machinery and equipment | 23 | €19,939 | €30,217 | +€10,278 | +51.5% |
| Furniture and vehicles | 24 | €11,444 | €6,282 | -€5,162 | -45.1% |
| Leasing and similar rights | 25 | €15,800 | €10,237 | -€5,562 | -35.2% |
| Current assets | 29/58 | €45,609 | €66,814 | +€21,205 | +46.5% |
| Stocks and contracts in progress | 3 | €14,540 | €37,900 | +€23,360 | +161% |
| Stocks | 30/36 | €14,540 | €25,900 | +€11,360 | +78.1% |
| Contracts in progress | 37 | - | €12,000 | +€12,000 | |
| Amounts receivable within one year | 40/41 | €13,776 | €28,914 | +€15,138 | +110% |
| Trade receivables | 40 | €4,113 | €17,958 | +€13,845 | +337% |
| Other amounts receivable | 41 | €9,662 | €10,956 | +€1,294 | +13.4% |
| Cash at bank and in hand | 54/58 | €17,293 | €0 | -€17,293 | -100% |
| Total equity and liabilities | 10/49 | €320,723 | €346,478 | +€25,755 | +8.0% |
| Equity | 10/15 | €61,715 | €64,694 | +€2,978 | +4.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €36,500 | €39,500 | +€3,000 | +8.2% |
| Distributable reserves | 133 | €36,500 | €39,500 | +€3,000 | +8.2% |
| Profit (loss) carried forward | 14 | €215 | €194 | -€22 | -10.0% |
| Amounts payable | 17/49 | €259,008 | €281,785 | +€22,777 | +8.8% |
| Amounts payable after more than one year | 17 | €121,686 | €121,749 | +€63 | +0.1% |
| Financial debts | 170/4 | €121,686 | €121,749 | +€63 | +0.1% |
| Amounts payable within one year | 42/48 | €137,322 | €160,036 | +€22,713 | +16.5% |
| Current portion of amounts payable after more than one year | 42 | €13,685 | €17,590 | +€3,905 | +28.5% |
| Financial debts | 43 | - | €2,294 | +€2,294 | |
| Credit institutions | 430/8 | - | €2,294 | +€2,294 | |
| Trade debts | 44 | €5,931 | €27,902 | +€21,971 | +370% |
| Suppliers | 440/4 | €5,931 | €27,902 | +€21,971 | +370% |
| Taxes, remuneration and social security | 45 | €5,333 | €3,494 | -€1,839 | -34.5% |
| Taxes | 450/3 | €3,404 | €1,565 | -€1,839 | -54.0% |
| Remuneration and social security | 454/9 | €1,929 | €1,929 | = | 0.0% |
| Other amounts payable | 47/48 | €112,373 | €108,756 | -€3,617 | -3.2% |
| Remuneration, social security and pensions | 62 | €1,308 | €2,425 | +€1,118 | +85.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,029 | €34,105 | +€2,075 | +6.5% |
| Other operating charges | 640/8 | €1,200 | €1,946 | +€746 | +62.2% |
| Gross operating margin | 9900 | €62,327 | €36,228 | -€26,100 | -41.9% |
| Operating profit (loss) | 9901 | €27,791 | -€2,248 | -€30,039 | |
| Financial income | 75/76B | €16 | €10,544 | +€10,528 | +65,966% |
| Recurring financial income | 75 | €16 | €10,544 | +€10,528 | +65,966% |
| Financial charges | 65/66B | €5,290 | €5,103 | -€187 | -3.5% |
| Recurring financial charges | 65 | €5,290 | €5,103 | -€187 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €22,517 | €3,193 | -€19,324 | -85.8% |
| Income taxes | 67/77 | €3,931 | €215 | -€3,717 | -94.5% |
| Profit (loss) for the period | 9904 | €18,586 | €2,978 | -€15,607 | -84.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,586 | €2,978 | -€15,607 | -84.0% |
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 29 October 2026 via checked.be.