Menuiserie PIERSON: 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 PIERSON
Largest movements
- Tangible fixed assets -€16,419
down €16,419 (-57.6%), from €28,523 to €12,105
of which Furniture and vehicles: -€15,408
- Debts after one year -€35,276
down €35,276 (-29.8%), from €118,558 to €83,282
- Profit (loss) carried forward +€12,736
up €12,736 (+89.4%), from €14,248 to €26,984
- Other debts +€9,563
up €9,563 (+59.3%), from €16,132 to €25,695
- Current portion of long-term debt -€9,514
down €9,514 (-21.2%), from €44,790 to €35,276
- Short-term financial debts +€7,965
new in 2025: €7,965
- Gross operating margin +€7,807
up €7,807 (+21.4%), from €36,428 to €44,235
- Taxes +€3,610
up €3,610 (+129%), from €2,792 to €6,403
- Financial charges -€527
down €527 (-6.4%), from €8,272 to €7,746
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 | €209,969 | €192,550 | -€17,419 | -8.3% |
| Fixed assets | 21/28 | €193,595 | €177,176 | -€16,419 | -8.5% |
| Tangible fixed assets | 22/27 | €28,523 | €12,105 | -€16,419 | -57.6% |
| Furniture and vehicles | 24 | €25,404 | €9,996 | -€15,408 | -60.7% |
| Other tangible fixed assets | 26 | €3,120 | €2,109 | -€1,011 | -32.4% |
| Financial fixed assets | 28 | €165,072 | €165,072 | = | 0.0% |
| Current assets | 29/58 | €16,374 | €15,374 | -€1,000 | -6.1% |
| Amounts receivable within one year | 40/41 | €11,498 | €10,885 | -€613 | -5.3% |
| Trade receivables | 40 | €11,477 | €10,885 | -€592 | -5.2% |
| Other amounts receivable | 41 | €21 | €0 | -€21 | -100% |
| Cash at bank and in hand | 54/58 | €2,880 | €2,395 | -€485 | -16.8% |
| Deferred charges and accrued income | 490/1 | €1,996 | €2,094 | +€97 | +4.9% |
| Total equity and liabilities | 10/49 | €209,969 | €192,550 | -€17,419 | -8.3% |
| Equity | 10/15 | €17,248 | €29,984 | +€12,736 | +73.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,248 | €26,984 | +€12,736 | +89.4% |
| Amounts payable | 17/49 | €192,721 | €162,566 | -€30,155 | -15.6% |
| Amounts payable after more than one year | 17 | €118,558 | €83,282 | -€35,276 | -29.8% |
| Financial debts | 170/4 | €118,558 | €83,282 | -€35,276 | -29.8% |
| Amounts payable within one year | 42/48 | €74,163 | €79,283 | +€5,121 | +6.9% |
| Current portion of amounts payable after more than one year | 42 | €44,790 | €35,276 | -€9,514 | -21.2% |
| Financial debts | 43 | - | €7,965 | +€7,965 | |
| Credit institutions | 430/8 | - | €7,965 | +€7,965 | |
| Trade debts | 44 | €1,159 | €369 | -€791 | -68.2% |
| Suppliers | 440/4 | €1,159 | €369 | -€791 | -68.2% |
| Taxes, remuneration and social security | 45 | €12,082 | €9,979 | -€2,104 | -17.4% |
| Taxes | 450/3 | €10,082 | €9,979 | -€104 | -1.0% |
| Remuneration and social security | 454/9 | €2,000 | €0 | -€2,000 | -100% |
| Other amounts payable | 47/48 | €16,132 | €25,695 | +€9,563 | +59.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,149 | €16,419 | +€270 | +1.7% |
| Other operating charges | 640/8 | €1,002 | €932 | -€70 | -7.0% |
| Gross operating margin | 9900 | €36,428 | €44,235 | +€7,807 | +21.4% |
| Operating profit (loss) | 9901 | €19,277 | €26,884 | +€7,608 | +39.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €8,272 | €7,746 | -€527 | -6.4% |
| Recurring financial charges | 65 | €8,272 | €7,746 | -€527 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €11,005 | €19,139 | +€8,134 | +73.9% |
| Income taxes | 67/77 | €2,792 | €6,403 | +€3,610 | +129% |
| Profit (loss) for the period | 9904 | €8,212 | €12,736 | +€4,524 | +55.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,212 | €12,736 | +€4,524 | +55.1% |
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 25 October 2026 via checked.be.