MENUISERIE PONCIN: 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 PONCIN
Largest movements
- Cash +€80,753
up €80,753 (+27.7%), from €291,689 to €372,442
mainly Net result for the year (+€110,917) and Depreciation (+€73,834)
- Tangible fixed assets +€43,489
up €43,489 (+15.9%), from €272,751 to €316,241
of which Leasing and similar rights: +€62,341
- Stocks and contracts -€17,864
down €17,864 (-6.6%), from €271,538 to €253,675
- Receivables within one year +€14,826
up €14,826 (+6.0%), from €248,011 to €262,838
of which Trade receivables: +€9,027
- Deferred charges and accrued income +€12,737
up €12,737 (+97.9%), from €13,013 to €25,750
- Reserves +€110,000
up €110,000 (+51.0%), from €215,721 to €325,721
of which Distributable reserves: +€110,000
- Debts after one year +€24,561
up €24,561 (+14.8%), from €165,633 to €190,194
- Trade debts -€19,899
down €19,899 (-7.8%), from €253,719 to €233,820
- Turnover +€104,061
up €104,061 (+3.8%), from €2.7m to €2.8m
- Gross operating margin +€53,330
up €53,330 (+6.1%), from €880,419 to €933,749
- Purchases and services +€35,779
up €35,779 (+1.9%), from €1.9m to €1.9m
- Taxes +€29,733
up €29,733 (+110%), from €26,982 to €56,715
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 | €1,099,470 | €1,232,113 | +€132,643 | +12.1% |
| Fixed assets | 21/28 | €275,219 | €317,410 | +€42,191 | +15.3% |
| Intangible fixed assets | 21 | €1,501 | €203 | -€1,299 | -86.5% |
| Tangible fixed assets | 22/27 | €272,751 | €316,241 | +€43,489 | +15.9% |
| Land and buildings | 22 | €69,145 | €60,733 | -€8,412 | -12.2% |
| Plant, machinery and equipment | 23 | €60,709 | €52,716 | -€7,994 | -13.2% |
| Furniture and vehicles | 24 | €4,885 | €2,439 | -€2,446 | -50.1% |
| Leasing and similar rights | 25 | €138,013 | €200,354 | +€62,341 | +45.2% |
| Financial fixed assets | 28 | €966 | €966 | = | 0.0% |
| Current assets | 29/58 | €824,251 | €914,704 | +€90,453 | +11.0% |
| Stocks and contracts in progress | 3 | €271,538 | €253,675 | -€17,864 | -6.6% |
| Stocks | 30/36 | €271,538 | €253,675 | -€17,864 | -6.6% |
| Amounts receivable within one year | 40/41 | €248,011 | €262,838 | +€14,826 | +6.0% |
| Trade receivables | 40 | €240,051 | €249,079 | +€9,027 | +3.8% |
| Other amounts receivable | 41 | €7,960 | €13,759 | +€5,799 | +72.8% |
| Cash at bank and in hand | 54/58 | €291,689 | €372,442 | +€80,753 | +27.7% |
| Deferred charges and accrued income | 490/1 | €13,013 | €25,750 | +€12,737 | +97.9% |
| Total equity and liabilities | 10/49 | €1,099,470 | €1,232,113 | +€132,643 | +12.1% |
| Equity | 10/15 | €511,939 | €622,856 | +€110,917 | +21.7% |
| Contributions | 10/11 | €107,214 | €107,214 | = | 0.0% |
| Revaluation surpluses | 12 | €7,456 | €7,456 | = | 0.0% |
| Reserves | 13 | €215,721 | €325,721 | +€110,000 | +51.0% |
| Non-distributable reserves | 130/1 | €10,721 | €10,721 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,721 | €10,721 | = | 0.0% |
| Distributable reserves | 133 | €205,000 | €315,000 | +€110,000 | +53.7% |
| Profit (loss) carried forward | 14 | €181,548 | €182,465 | +€917 | +0.5% |
| Amounts payable | 17/49 | €587,531 | €609,257 | +€21,726 | +3.7% |
| Amounts payable after more than one year | 17 | €165,633 | €190,194 | +€24,561 | +14.8% |
| Financial debts | 170/4 | €165,633 | €190,194 | +€24,561 | +14.8% |
| Amounts payable within one year | 42/48 | €405,787 | €399,705 | -€6,081 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | €66,913 | €78,622 | +€11,709 | +17.5% |
| Trade debts | 44 | €253,719 | €233,820 | -€19,899 | -7.8% |
| Suppliers | 440/4 | €253,719 | €233,820 | -€19,899 | -7.8% |
| Taxes, remuneration and social security | 45 | €85,154 | €87,263 | +€2,108 | +2.5% |
| Taxes | 450/3 | €42,733 | €44,232 | +€1,500 | +3.5% |
| Remuneration and social security | 454/9 | €42,422 | €43,030 | +€609 | +1.4% |
| Accrued charges and deferred income | 492/3 | €16,111 | €19,358 | +€3,247 | +20.2% |
| Turnover | 70 | €2,709,492 | €2,813,553 | +€104,061 | +3.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,906,655 | €1,942,434 | +€35,779 | +1.9% |
| Remuneration, social security and pensions | 62 | €687,323 | €662,375 | -€24,948 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,055 | €73,834 | +€1,779 | +2.5% |
| Other operating charges | 640/8 | €24,546 | €26,754 | +€2,208 | +9.0% |
| Non-recurring operating charges | 66A | €1,101 | €0 | -€1,101 | -100% |
| Gross operating margin | 9900 | €880,419 | €933,749 | +€53,330 | +6.1% |
| Operating profit (loss) | 9901 | €95,393 | €170,786 | +€75,393 | +79.0% |
| Financial income | 75/76B | €6,133 | €8,850 | +€2,716 | +44.3% |
| Recurring financial income | 75 | €6,133 | €8,850 | +€2,716 | +44.3% |
| Financial charges | 65/66B | €17,042 | €12,004 | -€5,038 | -29.6% |
| Recurring financial charges | 65 | €17,042 | €12,004 | -€5,038 | -29.6% |
| Profit (loss) for the period before taxes | 9903 | €84,485 | €167,632 | +€83,147 | +98.4% |
| Income taxes | 67/77 | €26,982 | €56,715 | +€29,733 | +110% |
| Profit (loss) for the period | 9904 | €57,503 | €110,917 | +€53,414 | +92.9% |
| Profit (loss) for the period to be appropriated | 9905 | €57,503 | €110,917 | +€53,414 | +92.9% |
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 18 October 2026 via checked.be.