MENUISERIE-MNP: 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-MNP
Largest movements
- Tangible fixed assets -€10,326
down €10,326 (-22.7%), from €45,529 to €35,203
of which Furniture and vehicles: -€9,109
- Receivables within one year -€8,637
down €8,637 (-35.4%), from €24,425 to €15,789
of which Trade receivables: -€7,261
- Cash -€4,293
no longer reported in 2025 (was €4,293)
mainly Trade debts (-€19,004) and Debts after one year (-€7,248)
- Deferred charges and accrued income +€1,996
new in 2025: €1,996
- Trade debts -€19,004
down €19,004 (-94.5%), from €20,111 to €1,108
- Debts after one year -€7,248
down €7,248 (-27.9%), from €25,971 to €18,723
- Reserves +€2,890
up €2,890 (+16.7%), from €17,274 to €20,164
- Tax, wage and social debts +€1,819
new in 2025: €1,819
- Current portion of long-term debt -€976
down €976 (-13.5%), from €7,248 to €6,272
- Gross operating margin -€15,074
down €15,074 (-34.3%), from €43,984 to €28,910
- Depreciation +€5,232
up €5,232 (+79.2%), from €6,610 to €11,843
- Taxes -€3,778
down €3,778 (-84.0%), from €4,500 to €722
- Other operating charges -€1,740
down €1,740 (-99.3%), from €1,752 to €12
- Financial charges -€562
down €562 (-86.1%), from €653 to €90
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 | €76,366 | €54,581 | -€21,786 | -28.5% |
| Formation expenses | 20 | €2,119 | €1,593 | -€526 | -24.8% |
| Fixed assets | 21/28 | €45,529 | €35,203 | -€10,326 | -22.7% |
| Tangible fixed assets | 22/27 | €45,529 | €35,203 | -€10,326 | -22.7% |
| Plant, machinery and equipment | 23 | €5,219 | €4,002 | -€1,217 | -23.3% |
| Furniture and vehicles | 24 | €40,310 | €31,201 | -€9,109 | -22.6% |
| Current assets | 29/58 | €28,719 | €17,785 | -€10,934 | -38.1% |
| Amounts receivable within one year | 40/41 | €24,425 | €15,789 | -€8,637 | -35.4% |
| Trade receivables | 40 | €21,551 | €14,291 | -€7,261 | -33.7% |
| Other amounts receivable | 41 | €2,874 | €1,498 | -€1,376 | -47.9% |
| Cash at bank and in hand | 54/58 | €4,293 | - | -€4,293 | |
| Deferred charges and accrued income | 490/1 | - | €1,996 | +€1,996 | |
| Total equity and liabilities | 10/49 | €76,366 | €54,581 | -€21,786 | -28.5% |
| Equity | 10/15 | €22,274 | €25,164 | +€2,890 | +13.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €17,274 | €20,164 | +€2,890 | +16.7% |
| Distributable reserves | 133 | €17,274 | €20,164 | +€2,890 | +16.7% |
| Amounts payable | 17/49 | €54,092 | €29,416 | -€24,676 | -45.6% |
| Amounts payable after more than one year | 17 | €25,971 | €18,723 | -€7,248 | -27.9% |
| Financial debts | 170/4 | €25,971 | €18,723 | -€7,248 | -27.9% |
| Amounts payable within one year | 42/48 | €28,121 | €10,693 | -€17,428 | -62.0% |
| Current portion of amounts payable after more than one year | 42 | €7,248 | €6,272 | -€976 | -13.5% |
| Trade debts | 44 | €20,111 | €1,108 | -€19,004 | -94.5% |
| Suppliers | 440/4 | €20,111 | €1,108 | -€19,004 | -94.5% |
| Taxes, remuneration and social security | 45 | - | €1,819 | +€1,819 | |
| Taxes | 450/3 | - | €1,819 | +€1,819 | |
| Other amounts payable | 47/48 | €762 | €1,495 | +€732 | +96.1% |
| Remuneration, social security and pensions | 62 | €13,195 | €13,352 | +€158 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,610 | €11,843 | +€5,232 | +79.2% |
| Other operating charges | 640/8 | €1,752 | €12 | -€1,740 | -99.3% |
| Gross operating margin | 9900 | €43,984 | €28,910 | -€15,074 | -34.3% |
| Operating profit (loss) | 9901 | €22,427 | €3,703 | -€18,724 | -83.5% |
| Financial charges | 65/66B | €653 | €90 | -€562 | -86.1% |
| Recurring financial charges | 65 | €653 | €90 | -€562 | -86.1% |
| Profit (loss) for the period before taxes | 9903 | €21,774 | €3,612 | -€18,162 | -83.4% |
| Income taxes | 67/77 | €4,500 | €722 | -€3,778 | -84.0% |
| Profit (loss) for the period | 9904 | €17,274 | €2,890 | -€14,384 | -83.3% |
| Profit (loss) for the period to be appropriated | 9905 | €17,274 | €2,890 | -€14,384 | -83.3% |
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 21 October 2026 via checked.be.