Menuiserie Pellens: what changed
Menuiserie Pellens
Largest movements
- Receivables within one year -€47,228
down €47,228 (-67.9%), from €69,573 to €22,345
of which Trade receivables: -€47,062
- Cash +€37,296
up €37,296 (+198%), from €18,819 to €56,115
mainly Receivables within one year (+€47,228) and Depreciation (+€13,857)
- Tangible fixed assets -€6,992
down €6,992 (-19.0%), from €36,775 to €29,783
of which Plant, machinery and equipment: -€5,835
- Deferred charges and accrued income -€6,889
down €6,889 (-21.0%), from €32,751 to €25,862
- Debts after one year -€12,169
down €12,169 (-14.3%), from €84,936 to €72,767
of which Financial debts: -€7,169
- Trade debts -€12,014
down €12,014 (-32.8%), from €36,657 to €24,643
- Tax, wage and social debts +€3,645
up €3,645 (+107%), from €3,401 to €7,046
of which Taxes: +€3,664
- Profit (loss) carried forward -€3,601
down €3,601 (-42.1%), from €8,553 to €4,951
- Gross operating margin -€17,677
down €17,677 (-33.6%), from €52,624 to €34,948
- Other operating charges +€3,592
up €3,592 (+145%), from €2,485 to €6,076
- Financial charges +€2,771
up €2,771 (+96.2%), from €2,881 to €5,652
- Taxes -€1,850
down €1,850 (-75.4%), from €2,455 to €605
- Depreciation +€1,156
up €1,156 (+9.1%), from €12,701 to €13,857
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €160,847 | €137,034 | -€23,813 | -14.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €36,955 | €29,963 | -€6,992 | -18.9% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €36,775 | €29,783 | -€6,992 | -19.0% |
| Plant, machinery and equipment | 23 | €28,159 | €22,324 | -€5,835 | -20.7% |
| Furniture and vehicles | 24 | €7,012 | €6,192 | -€820 | -11.7% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €1,604 | €1,267 | -€337 | -21.0% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €123,892 | €107,071 | -€16,821 | -13.6% |
| Stocks and contracts in progress | 3 | €2,750 | €2,750 | = | 0.0% |
| Stocks | 30/36 | €2,750 | €2,750 | = | 0.0% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €69,573 | €22,345 | -€47,228 | -67.9% |
| Trade receivables | 40 | €66,585 | €19,523 | -€47,062 | -70.7% |
| Other amounts receivable | 41 | €2,988 | €2,822 | -€166 | -5.6% |
| Cash at bank and in hand | 54/58 | €18,819 | €56,115 | +€37,296 | +198% |
| Deferred charges and accrued income | 490/1 | €32,751 | €25,862 | -€6,889 | -21.0% |
| Total equity and liabilities | 10/49 | €160,847 | €137,034 | -€23,813 | -14.8% |
| Equity | 10/15 | €27,613 | €24,011 | -€3,601 | -13.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €12,860 | €12,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €11,000 | €11,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,553 | €4,951 | -€3,601 | -42.1% |
| Amounts payable | 17/49 | €133,234 | €113,022 | -€20,212 | -15.2% |
| Amounts payable after more than one year | 17 | €84,936 | €72,767 | -€12,169 | -14.3% |
| Financial debts | 170/4 | €14,936 | €7,767 | -€7,169 | -48.0% |
| Other amounts payable | 178/9 | €70,000 | €65,000 | -€5,000 | -7.1% |
| Amounts payable within one year | 42/48 | €47,875 | €40,048 | -€7,827 | -16.3% |
| Current portion of amounts payable after more than one year | 42 | €7,169 | €7,169 | = | 0.0% |
| Trade debts | 44 | €36,657 | €24,643 | -€12,014 | -32.8% |
| Suppliers | 440/4 | €36,657 | €24,643 | -€12,014 | -32.8% |
| Taxes, remuneration and social security | 45 | €3,401 | €7,046 | +€3,645 | +107% |
| Taxes | 450/3 | €1,674 | €5,337 | +€3,664 | +219% |
| Remuneration and social security | 454/9 | €1,727 | €1,709 | -€18 | -1.1% |
| Other amounts payable | 47/48 | €648 | €1,189 | +€541 | +83.5% |
| Accrued charges and deferred income | 492/3 | €423 | €207 | -€215 | -50.9% |
| Remuneration, social security and pensions | 62 | €11,719 | €12,359 | +€640 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,701 | €13,857 | +€1,156 | +9.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,136 | €0 | +€1,136 | |
| Other operating charges | 640/8 | €2,485 | €6,076 | +€3,592 | +145% |
| Gross operating margin | 9900 | €52,624 | €34,948 | -€17,677 | -33.6% |
| Operating profit (loss) | 9901 | €26,855 | €2,656 | -€24,199 | -90.1% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €2,881 | €5,652 | +€2,771 | +96.2% |
| Recurring financial charges | 65 | €2,881 | €5,652 | +€2,771 | +96.2% |
| Profit (loss) for the period before taxes | 9903 | €23,974 | -€2,996 | -€26,971 | |
| Income taxes | 67/77 | €2,455 | €605 | -€1,850 | -75.4% |
| Profit (loss) for the period | 9904 | €21,519 | -€3,601 | -€25,120 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,519 | -€3,601 | -€25,120 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.