MENUISERIE PIRLOT: what changed
What changed
MENUISERIE PIRLOT
NACE 43.320, Joinery installation
filed annual accounts (NBB)
Net result for the year
€9,742
2024 · -€948+€10,689
Equity
€31,094
2024 · €27,452+€3,642
Cash
€2,891
2024 · €1,232+€1,659
Balance sheet total
€369,805
2024 · €385,026-€15,220
Largest movements
Assets
- Receivables within one year -€19,276
down €19,276 (-77.9%), from €24,743 to €5,467
of which Trade receivables: -€13,329
- Tangible fixed assets +€11,232
up €11,232 (+3.5%), from €319,025 to €330,257
of which Leasing and similar rights: +€38,009
- Deferred charges and accrued income -€8,479
down €8,479 (-73.0%), from €11,614 to €3,135
Equity and liabilities
- Trade debts -€25,323
down €25,323 (-46.6%), from €54,361 to €29,038
- Other debts -€7,876
down €7,876 (-4.5%), from €173,835 to €165,959
- Current portion of long-term debt +€6,655
up €6,655 (+29.2%), from €22,823 to €29,478
- Investment grants -€6,100
down €6,100 (-17.7%), from €34,522 to €28,422
- Reserves +€6,000
up €6,000 (+323%), from €1,860 to €7,860
of which Distributable reserves: +€6,000
Income statement
- Gross operating margin +€37,806
up €37,806 (+39.7%), from €95,339 to €133,145
- Staff costs +€19,254
up €19,254 (+37.9%), from €50,812 to €70,066
- Depreciation +€6,481
up €6,481 (+15.9%), from €40,673 to €47,154
- Other operating charges +€1,404
up €1,404 (+40.4%), from €3,479 to €4,883
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.
Result 2024
-€948
Gross operating margin
+€37,806
Staff costs
-€19,254
Depreciation
-€6,481
Other operating charges
-€1,404
Other operating items
+€815
Financial income
-€20
Financial charges
-€35
Taxes
-€737
Result 2025
€9,742
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€54,941
Investment
-€57,309
Financing
+€4,028
Cash 2024
€1,232
From operations (derived)
+€54,941
Net result for the year
+€9,742
Depreciation
+€47,154
Stocks and contracts
-€721
Receivables within one year
+€19,276
Deferred charges and accrued income
+€8,479
Trade debts
-€25,323
Tax, wage and social debts
+€4,210
Other debts
-€7,876
Investment (derived)
-€57,309
Investment in fixed assets (net)
-€57,309
Financing
+€4,028
Debts after one year
+€5,282
Current portion of long-term debt
+€6,655
Short-term financial debts
-€1,809
Contributions, distributions and other
-€6,100
Cash 2025
€2,891
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €385,026 | €369,805 | -€15,220 | -4.0% |
| Fixed assets | 21/28 | €321,187 | €331,342 | +€10,155 | +3.2% |
| Intangible fixed assets | 21 | €1,862 | €784 | -€1,077 | -57.9% |
| Tangible fixed assets | 22/27 | €319,025 | €330,257 | +€11,232 | +3.5% |
| Land and buildings | 22 | €268,772 | €245,236 | -€23,536 | -8.8% |
| Plant, machinery and equipment | 23 | €14,018 | €10,882 | -€3,136 | -22.4% |
| Furniture and vehicles | 24 | €11,936 | €11,831 | -€105 | -0.9% |
| Leasing and similar rights | 25 | €24,299 | €62,308 | +€38,009 | +156% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €63,839 | €38,464 | -€25,375 | -39.7% |
| Stocks and contracts in progress | 3 | €26,250 | €26,971 | +€721 | +2.7% |
| Stocks | 30/36 | €26,250 | €26,971 | +€721 | +2.7% |
| Amounts receivable within one year | 40/41 | €24,743 | €5,467 | -€19,276 | -77.9% |
| Trade receivables | 40 | €16,422 | €3,093 | -€13,329 | -81.2% |
| Other amounts receivable | 41 | €8,321 | €2,374 | -€5,947 | -71.5% |
| Cash at bank and in hand | 54/58 | €1,232 | €2,891 | +€1,659 | +135% |
| Deferred charges and accrued income | 490/1 | €11,614 | €3,135 | -€8,479 | -73.0% |
| Total equity and liabilities | 10/49 | €385,026 | €369,805 | -€15,220 | -4.0% |
| Equity | 10/15 | €27,452 | €31,094 | +€3,642 | +13.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €7,860 | +€6,000 | +323% |
| 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 | - | €6,000 | +€6,000 | |
| Profit (loss) carried forward | 14 | -€27,530 | -€23,788 | +€3,742 | +13.6% |
| Investment grants | 15 | €34,522 | €28,422 | -€6,100 | -17.7% |
| Amounts payable | 17/49 | €357,573 | €338,712 | -€18,862 | -5.3% |
| Amounts payable after more than one year | 17 | €101,551 | €106,833 | +€5,282 | +5.2% |
| Financial debts | 170/4 | €101,551 | €106,833 | +€5,282 | +5.2% |
| Amounts payable within one year | 42/48 | €256,023 | €231,879 | -€24,144 | -9.4% |
| Current portion of amounts payable after more than one year | 42 | €22,823 | €29,478 | +€6,655 | +29.2% |
| Financial debts | 43 | €1,809 | - | -€1,809 | |
| Credit institutions | 430/8 | €1,809 | - | -€1,809 | |
| Trade debts | 44 | €54,361 | €29,038 | -€25,323 | -46.6% |
| Suppliers | 440/4 | €54,361 | €29,038 | -€25,323 | -46.6% |
| Taxes, remuneration and social security | 45 | €3,194 | €7,404 | +€4,210 | +132% |
| Taxes | 450/3 | €193 | €880 | +€687 | +356% |
| Remuneration and social security | 454/9 | €3,001 | €6,524 | +€3,523 | +117% |
| Other amounts payable | 47/48 | €173,835 | €165,959 | -€7,876 | -4.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €7 | - | -€7 | |
| Remuneration, social security and pensions | 62 | €50,812 | €70,066 | +€19,254 | +37.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,673 | €47,154 | +€6,481 | +15.9% |
| Other operating charges | 640/8 | €3,479 | €4,883 | +€1,404 | +40.4% |
| Non-recurring operating charges | 66A | €815 | - | -€815 | |
| Gross operating margin | 9900 | €95,339 | €133,145 | +€37,806 | +39.7% |
| Operating profit (loss) | 9901 | -€440 | €11,042 | +€11,482 | |
| Financial income | 75/76B | €6,129 | €6,109 | -€20 | -0.3% |
| Recurring financial income | 75 | €6,129 | €6,109 | -€20 | -0.3% |
| Financial charges | 65/66B | €6,568 | €6,604 | +€35 | +0.5% |
| Recurring financial charges | 65 | €6,568 | €6,604 | +€35 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | -€879 | €10,547 | +€11,426 | |
| Income taxes | 67/77 | €69 | €805 | +€737 | +1,074% |
| Profit (loss) for the period | 9904 | -€948 | €9,742 | +€10,689 | |
| Profit (loss) for the period to be appropriated | 9905 | -€948 | €9,742 | +€10,689 |
Next steps
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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 7 November 2026 via checked.be.