MENUISERIE NICOLAS: 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 NICOLAS
Largest movements
- Tangible fixed assets +€51,721
up €51,721 (+62.6%), from €82,569 to €134,290
of which Furniture and vehicles: +€65,838
- Receivables within one year -€30,817
down €30,817 (-52.6%), from €58,555 to €27,738
of which Trade receivables: -€38,779
- Stocks and contracts -€29,754
down €29,754 (-66.0%), from €45,062 to €15,308
- Cash -€19,837
down €19,837 (-22.8%), from €86,906 to €67,069
mainly Investment in fixed assets (net) (-€76,550) and Trade debts (-€53,212)
- Trade debts -€53,212
down €53,212 (-71.5%), from €74,389 to €21,177
- Current portion of long-term debt +€21,144
up €21,144 (+106%), from €20,028 to €41,172
- Advances received -€11,556
down €11,556 (-43.1%), from €26,811 to €15,255
- Profit (loss) carried forward +€4,567
up €4,567 (+25.2%), from €18,096 to €22,663
- Debts after one year +€3,602
up €3,602 (+7.4%), from €48,788 to €52,390
- Gross operating margin +€11,797
up €11,797 (+28.4%), from €41,564 to €53,361
- Financial charges -€7,857
down €7,857 (-71.3%), from €11,016 to €3,159
- Depreciation +€6,131
up €6,131 (+32.8%), from €18,698 to €24,829
- Taxes +€3,378
up €3,378 (+138%), from €2,453 to €5,831
- Other operating charges +€2,274
up €2,274 (+86.4%), from €2,633 to €4,907
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €274,290 | €245,272 | -€29,018 | -10.6% |
| Fixed assets | 21/28 | €82,569 | €134,290 | +€51,721 | +62.6% |
| Tangible fixed assets | 22/27 | €82,569 | €134,290 | +€51,721 | +62.6% |
| Land and buildings | 22 | €72,680 | €58,611 | -€14,069 | -19.4% |
| Plant, machinery and equipment | 23 | €9,889 | €9,841 | -€48 | -0.5% |
| Furniture and vehicles | 24 | - | €65,838 | +€65,838 | |
| Current assets | 29/58 | €191,721 | €110,982 | -€80,739 | -42.1% |
| Stocks and contracts in progress | 3 | €45,062 | €15,308 | -€29,754 | -66.0% |
| Stocks | 30/36 | €45,062 | €15,308 | -€29,754 | -66.0% |
| Amounts receivable within one year | 40/41 | €58,555 | €27,738 | -€30,817 | -52.6% |
| Trade receivables | 40 | €55,385 | €16,606 | -€38,779 | -70.0% |
| Other amounts receivable | 41 | €3,170 | €11,132 | +€7,962 | +251% |
| Current investments | 50/53 | €26 | €26 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €86,906 | €67,069 | -€19,837 | -22.8% |
| Deferred charges and accrued income | 490/1 | €1,172 | €841 | -€331 | -28.2% |
| Total equity and liabilities | 10/49 | €274,290 | €245,272 | -€29,018 | -10.6% |
| Equity | 10/15 | €94,911 | €99,478 | +€4,567 | +4.8% |
| Contributions | 10/11 | €8,065 | €8,065 | = | 0.0% |
| Reserves | 13 | €68,750 | €68,750 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,096 | €22,663 | +€4,567 | +25.2% |
| Amounts payable | 17/49 | €179,379 | €145,794 | -€33,585 | -18.7% |
| Amounts payable after more than one year | 17 | €48,788 | €52,390 | +€3,602 | +7.4% |
| Financial debts | 170/4 | €48,788 | €52,390 | +€3,602 | +7.4% |
| Amounts payable within one year | 42/48 | €130,591 | €93,404 | -€37,187 | -28.5% |
| Current portion of amounts payable after more than one year | 42 | €20,028 | €41,172 | +€21,144 | +106% |
| Trade debts | 44 | €74,389 | €21,177 | -€53,212 | -71.5% |
| Suppliers | 440/4 | €74,389 | €21,177 | -€53,212 | -71.5% |
| Advances received on contracts in progress | 46 | €26,811 | €15,255 | -€11,556 | -43.1% |
| Taxes, remuneration and social security | 45 | €2,450 | €5,800 | +€3,350 | +137% |
| Taxes | 450/3 | €2,450 | €5,800 | +€3,350 | +137% |
| Other amounts payable | 47/48 | €6,913 | €10,000 | +€3,087 | +44.7% |
| Remuneration, social security and pensions | 62 | €120 | €354 | +€234 | +195% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,698 | €24,829 | +€6,131 | +32.8% |
| Other operating charges | 640/8 | €2,633 | €4,907 | +€2,274 | +86.4% |
| Gross operating margin | 9900 | €41,564 | €53,361 | +€11,797 | +28.4% |
| Operating profit (loss) | 9901 | €20,113 | €23,271 | +€3,158 | +15.7% |
| Financial income | 75/76B | €68 | €286 | +€218 | +321% |
| Recurring financial income | 75 | €68 | €286 | +€218 | +321% |
| Financial charges | 65/66B | €11,016 | €3,159 | -€7,857 | -71.3% |
| Recurring financial charges | 65 | €11,016 | €3,159 | -€7,857 | -71.3% |
| Profit (loss) for the period before taxes | 9903 | €9,165 | €20,398 | +€11,233 | +123% |
| Income taxes | 67/77 | €2,453 | €5,831 | +€3,378 | +138% |
| Profit (loss) for the period | 9904 | €6,712 | €14,567 | +€7,855 | +117% |
| Profit (loss) for the period to be appropriated | 9905 | €6,712 | €14,567 | +€7,855 | +117% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.