MENUISERIE PINSON: what changed
Two fiscal 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 PINSON
Largest movements
- Tangible fixed assets +€776,922
up €776,922 (+492.2%), from €157,840 to €934,762
of which Land and buildings: +€472,629
- Cash +€477,377
up €477,377 (+82.7%), from €576,973 to €1.1m
mainly Debts after one year (+€1.3m) and Contributions, distributions and other (+€237,500)
- Receivables within one year +€226,427
up €226,427 (+183.8%), from €123,163 to €349,590
of which Trade receivables: +€208,115
- Stocks and contracts +€122,063
up €122,063 (+850.6%), from €14,350 to €136,413
- Debts after one year +€1.3m
up €1.3m (+5220.2%), from €25,186 to €1.3m
- Investment grants +€237,500
new in 2024: €237,500
- Current portion of long-term debt +€42,625
up €42,625 (+249.4%), from €17,094 to €59,720
- Trade debts +€25,113
up €25,113 (+33.2%), from €75,574 to €100,686
- Gross operating margin +€97,085
up €97,085 (+25.5%), from €381,127 to €478,212
- Depreciation +€64,405
up €64,405 (+129.3%), from €49,796 to €114,201
- Staff costs +€31,289
up €31,289 (+10.4%), from €299,769 to €331,057
- Taxes +€25,969
up €25,969, from -€5,879 to €20,090
- Other operating charges +€15,797
new in 2024: €15,797
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.
Cash bridge derived
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 | €872,326 | €2,483,793 | +€1.6m | +184.7% |
| Fixed assets | 21/28 | €157,840 | €934,762 | +€776,922 | +492.2% |
| Tangible fixed assets | 22/27 | €157,840 | €934,762 | +€776,922 | +492.2% |
| Land and buildings | 22 | €36,622 | €509,251 | +€472,629 | +1290.6% |
| Plant, machinery and equipment | 23 | €36,176 | €330,290 | +€294,114 | +813.0% |
| Furniture and vehicles | 24 | €85,042 | €95,221 | +€10,179 | +12.0% |
| Current assets | 29/58 | €714,486 | €1,549,032 | +€834,546 | +116.8% |
| Stocks and contracts in progress | 3 | €14,350 | €136,413 | +€122,063 | +850.6% |
| Stocks | 30/36 | €14,350 | €136,413 | +€122,063 | +850.6% |
| Amounts receivable within one year | 40/41 | €123,163 | €349,590 | +€226,427 | +183.8% |
| Trade receivables | 40 | €112,430 | €320,545 | +€208,115 | +185.1% |
| Other amounts receivable | 41 | €10,732 | €29,044 | +€18,312 | +170.6% |
| Cash at bank and in hand | 54/58 | €576,973 | €1,054,350 | +€477,377 | +82.7% |
| Deferred charges and accrued income | 490/1 | - | €8,678 | +€8,678 | |
| Total equity and liabilities | 10/49 | €872,326 | €2,483,793 | +€1.6m | +184.7% |
| Equity | 10/15 | €375,350 | €614,763 | +€239,413 | +63.8% |
| Contributions | 10/11 | €78,950 | €78,950 | = | 0.0% |
| Capital | 10 | €78,950 | €78,950 | = | 0.0% |
| Issued capital | 100 | €78,950 | €78,950 | = | 0.0% |
| Reserves | 13 | €23,901 | €23,901 | = | 0.0% |
| Non-distributable reserves | 130/1 | €23,901 | €23,901 | = | 0.0% |
| Legal reserve | 130 | €7,895 | €7,895 | = | 0.0% |
| Reserves not available under the articles | 1311 | €16,006 | €16,006 | = | 0.0% |
| Profit (loss) carried forward | 14 | €272,499 | €274,412 | +€1,913 | +0.7% |
| Investment grants | 15 | - | €237,500 | +€237,500 | |
| Provisions and deferred taxes | 16 | €312,674 | €312,674 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €312,674 | €312,674 | = | 0.0% |
| Pensions and similar obligations | 160 | €312,674 | €312,674 | = | 0.0% |
| Amounts payable | 17/49 | €184,302 | €1,556,356 | +€1.4m | +744.5% |
| Amounts payable after more than one year | 17 | €25,186 | €1,339,912 | +€1.3m | +5220.2% |
| Financial debts | 170/4 | €25,186 | €1,339,912 | +€1.3m | +5220.2% |
| Amounts payable within one year | 42/48 | €159,116 | €216,444 | +€57,328 | +36.0% |
| Current portion of amounts payable after more than one year | 42 | €17,094 | €59,720 | +€42,625 | +249.4% |
| Trade debts | 44 | €75,574 | €100,686 | +€25,113 | +33.2% |
| Suppliers | 440/4 | €75,574 | €100,686 | +€25,113 | +33.2% |
| Taxes, remuneration and social security | 45 | €44,273 | €33,167 | -€11,105 | -25.1% |
| Taxes | 450/3 | €11,404 | €15 | -€11,388 | -99.9% |
| Remuneration and social security | 454/9 | €32,869 | €33,152 | +€283 | +0.9% |
| Other amounts payable | 47/48 | €22,176 | €22,871 | +€695 | +3.1% |
| Remuneration, social security and pensions | 62 | €299,769 | €331,057 | +€31,289 | +10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,796 | €114,201 | +€64,405 | +129.3% |
| Other operating charges | 640/8 | - | €15,797 | +€15,797 | |
| Gross operating margin | 9900 | €381,127 | €478,212 | +€97,085 | +25.5% |
| Operating profit (loss) | 9901 | €31,563 | €17,156 | -€14,407 | -45.6% |
| Financial income | 75/76B | €22 | €13,121 | +€13,099 | +59351.1% |
| Recurring financial income | 75 | €22 | €13,121 | +€13,099 | +59351.1% |
| Financial charges | 65/66B | €3,188 | €8,274 | +€5,086 | +159.5% |
| Recurring financial charges | 65 | €3,188 | €8,274 | +€5,086 | +159.5% |
| Profit (loss) for the period before taxes | 9903 | €28,397 | €22,003 | -€6,393 | -22.5% |
| Income taxes | 67/77 | -€5,879 | €20,090 | +€25,969 | |
| Profit (loss) for the period | 9904 | €34,276 | €1,913 | -€32,363 | -94.4% |
| Profit (loss) for the period to be appropriated | 9905 | €34,276 | €1,913 | -€32,363 | -94.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.