MENUISERIE PIERRE: 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 PIERRE
Largest movements
- Receivables within one year +€32,245
up €32,245 (+307%), from €10,511 to €42,757
of which Trade receivables: +€27,942
- Stocks and contracts +€25,731
up €25,731 (+24.8%), from €103,776 to €129,507
of which Contracts in progress: +€15,000
- Cash -€17,477
down €17,477 (-80.2%), from €21,799 to €4,322
mainly Debts after one year (-€41,451) and Receivables within one year (-€32,245)
- Profit (loss) carried forward +€45,440
up €45,440 (+188%), from €24,204 to €69,644
- Debts after one year -€41,451
down €41,451 (-7.3%), from €571,494 to €530,043
of which Financial debts: -€41,451
- Trade debts +€23,280
up €23,280 (+5,774%), from €403 to €23,683
- Current portion of long-term debt +€21,503
up €21,503 (+61.4%), from €35,002 to €56,505
- Other debts -€11,517
down €11,517 (-9.6%), from €119,956 to €108,439
- Financial income +€41,058
up €41,058 (+34,485%), from €119 to €41,177
- Financial charges +€7,416
up €7,416 (+129%), from €5,767 to €13,183
- Gross operating margin +€5,677
up €5,677 (+12.5%), from €45,336 to €51,013
- Depreciation +€1,622
up €1,622 (+5.5%), from €29,610 to €31,232
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 | €765,602 | €802,848 | +€37,246 | +4.9% |
| Fixed assets | 21/28 | €626,661 | €623,797 | -€2,863 | -0.5% |
| Tangible fixed assets | 22/27 | €66,298 | €63,434 | -€2,863 | -4.3% |
| Plant, machinery and equipment | 23 | €37,736 | €46,484 | +€8,749 | +23.2% |
| Furniture and vehicles | 24 | €167 | €0 | -€167 | -100% |
| Leasing and similar rights | 25 | €28,395 | €16,950 | -€11,445 | -40.3% |
| Financial fixed assets | 28 | €560,363 | €560,363 | = | 0.0% |
| Current assets | 29/58 | €138,941 | €179,051 | +€40,110 | +28.9% |
| Stocks and contracts in progress | 3 | €103,776 | €129,507 | +€25,731 | +24.8% |
| Stocks | 30/36 | €103,776 | €114,507 | +€10,731 | +10.3% |
| Contracts in progress | 37 | €0 | €15,000 | +€15,000 | |
| Amounts receivable within one year | 40/41 | €10,511 | €42,757 | +€32,245 | +307% |
| Trade receivables | 40 | €7,325 | €35,267 | +€27,942 | +381% |
| Other amounts receivable | 41 | €3,186 | €7,490 | +€4,304 | +135% |
| Cash at bank and in hand | 54/58 | €21,799 | €4,322 | -€17,477 | -80.2% |
| Deferred charges and accrued income | 490/1 | €2,855 | €2,465 | -€390 | -13.7% |
| Total equity and liabilities | 10/49 | €765,602 | €802,848 | +€37,246 | +4.9% |
| Equity | 10/15 | €36,704 | €82,144 | +€45,440 | +124% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,204 | €69,644 | +€45,440 | +188% |
| Amounts payable | 17/49 | €728,898 | €720,704 | -€8,194 | -1.1% |
| Amounts payable after more than one year | 17 | €571,494 | €530,043 | -€41,451 | -7.3% |
| Financial debts | 170/4 | €291,494 | €250,043 | -€41,451 | -14.2% |
| Other amounts payable | 178/9 | €280,000 | €280,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €157,404 | €190,661 | +€33,257 | +21.1% |
| Current portion of amounts payable after more than one year | 42 | €35,002 | €56,505 | +€21,503 | +61.4% |
| Trade debts | 44 | €403 | €23,683 | +€23,280 | +5,774% |
| Suppliers | 440/4 | €403 | €23,683 | +€23,280 | +5,774% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €2,042 | €2,034 | -€8 | -0.4% |
| Taxes | 450/3 | €1,721 | €0 | -€1,721 | -100% |
| Remuneration and social security | 454/9 | €322 | €2,034 | +€1,713 | +532% |
| Other amounts payable | 47/48 | €119,956 | €108,439 | -€11,517 | -9.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,610 | €31,232 | +€1,622 | +5.5% |
| Other operating charges | 640/8 | €819 | €912 | +€93 | +11.4% |
| Gross operating margin | 9900 | €45,336 | €51,013 | +€5,677 | +12.5% |
| Operating profit (loss) | 9901 | €14,907 | €18,869 | +€3,962 | +26.6% |
| Financial income | 75/76B | €119 | €41,177 | +€41,058 | +34,485% |
| Recurring financial income | 75 | €119 | €41,177 | +€41,058 | +34,485% |
| Financial charges | 65/66B | €5,767 | €13,183 | +€7,416 | +129% |
| Recurring financial charges | 65 | €5,767 | €13,183 | +€7,416 | +129% |
| Profit (loss) for the period before taxes | 9903 | €9,259 | €46,863 | +€37,604 | +406% |
| Income taxes | 67/77 | €1,911 | €1,423 | -€488 | -25.5% |
| Profit (loss) for the period | 9904 | €7,348 | €45,440 | +€38,092 | +518% |
| Profit (loss) for the period to be appropriated | 9905 | €7,348 | €45,440 | +€38,092 | +518% |
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 19 October 2026 via checked.be.