MENUISERIE POTVIN ERIC: 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 POTVIN ERIC
Largest movements
- Cash -€24,065
down €24,065 (-71.9%), from €33,489 to €9,424
mainly Net result for the year (-€41,266) and Investment in fixed assets (net) (-€18,201)
- Tangible fixed assets -€18,793
down €18,793 (-5.3%), from €354,348 to €335,555
of which Land and buildings: -€13,430
- Receivables within one year +€9,133
up €9,133 (+23.4%), from €39,102 to €48,235
of which Other amounts receivable: +€4,817
- Profit (loss) carried forward -€41,266
down €41,266 (-53.9%), from -€76,537 to -€117,803
- Trade debts +€29,807
up €29,807 (+146%), from €20,465 to €50,272
- Advances received -€11,752
down €11,752 (-33.8%), from €34,754 to €23,002
- Other debts +€8,309
up €8,309 (+8.5%), from €98,128 to €106,436
- Tax, wage and social debts -€6,670
down €6,670 (-9.5%), from €69,855 to €63,186
of which Taxes: -€4,536
- Staff costs +€21,204
up €21,204 (+26.6%), from €79,804 to €101,008
- Gross operating margin -€11,329
down €11,329 (-8.6%), from €131,480 to €120,151
- Financial charges +€3,691
up €3,691 (+26.9%), from €13,700 to €17,391
of which Financial charges: +€3,521
- Other operating charges +€3,388
up €3,388 (+115%), from €2,944 to €6,332
- Depreciation +€1,653
up €1,653 (+4.7%), from €35,341 to €36,994
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 | €441,459 | €412,946 | -€28,513 | -6.5% |
| Fixed assets | 21/28 | €355,422 | €336,628 | -€18,793 | -5.3% |
| Tangible fixed assets | 22/27 | €354,348 | €335,555 | -€18,793 | -5.3% |
| Land and buildings | 22 | €317,156 | €303,726 | -€13,430 | -4.2% |
| Plant, machinery and equipment | 23 | €15,244 | €11,796 | -€3,449 | -22.6% |
| Furniture and vehicles | 24 | €21,948 | €20,033 | -€1,915 | -8.7% |
| Financial fixed assets | 28 | €1,073 | €1,073 | = | 0.0% |
| Current assets | 29/58 | €86,037 | €76,318 | -€9,719 | -11.3% |
| Stocks and contracts in progress | 3 | €11,079 | €13,943 | +€2,864 | +25.8% |
| Stocks | 30/36 | €11,079 | €13,943 | +€2,864 | +25.8% |
| Amounts receivable within one year | 40/41 | €39,102 | €48,235 | +€9,133 | +23.4% |
| Trade receivables | 40 | €39,085 | €43,402 | +€4,317 | +11.0% |
| Other amounts receivable | 41 | €16 | €4,833 | +€4,817 | +29,879% |
| Cash at bank and in hand | 54/58 | €33,489 | €9,424 | -€24,065 | -71.9% |
| Deferred charges and accrued income | 490/1 | €2,368 | €4,716 | +€2,349 | +99.2% |
| Total equity and liabilities | 10/49 | €441,459 | €412,946 | -€28,513 | -6.5% |
| Equity | 10/15 | -€68,477 | -€109,743 | -€41,266 | -60.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€76,537 | -€117,803 | -€41,266 | -53.9% |
| Amounts payable | 17/49 | €509,936 | €522,689 | +€12,753 | +2.5% |
| Amounts payable after more than one year | 17 | €261,534 | €255,186 | -€6,348 | -2.4% |
| Financial debts | 170/4 | €261,534 | €255,186 | -€6,348 | -2.4% |
| Amounts payable within one year | 42/48 | €248,023 | €267,143 | +€19,120 | +7.7% |
| Current portion of amounts payable after more than one year | 42 | €11,257 | €12,915 | +€1,658 | +14.7% |
| Financial debts | 43 | €13,565 | €11,332 | -€2,233 | -16.5% |
| Credit institutions | 430/8 | €13,565 | €11,332 | -€2,233 | -16.5% |
| Trade debts | 44 | €20,465 | €50,272 | +€29,807 | +146% |
| Suppliers | 440/4 | €20,465 | €50,272 | +€29,807 | +146% |
| Advances received on contracts in progress | 46 | €34,754 | €23,002 | -€11,752 | -33.8% |
| Taxes, remuneration and social security | 45 | €69,855 | €63,186 | -€6,670 | -9.5% |
| Taxes | 450/3 | €13,691 | €9,155 | -€4,536 | -33.1% |
| Remuneration and social security | 454/9 | €56,164 | €54,030 | -€2,134 | -3.8% |
| Other amounts payable | 47/48 | €98,128 | €106,436 | +€8,309 | +8.5% |
| Accrued charges and deferred income | 492/3 | €379 | €361 | -€18 | -4.7% |
| Remuneration, social security and pensions | 62 | €79,804 | €101,008 | +€21,204 | +26.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,341 | €36,994 | +€1,653 | +4.7% |
| Other operating charges | 640/8 | €2,944 | €6,332 | +€3,388 | +115% |
| Gross operating margin | 9900 | €131,480 | €120,151 | -€11,329 | -8.6% |
| Operating profit (loss) | 9901 | €13,391 | -€24,183 | -€37,575 | |
| Financial income | 75/76B | €96 | €321 | +€225 | +234% |
| Recurring financial income | 75 | €96 | €321 | +€225 | +234% |
| Financial charges | 65/66B | €13,700 | €17,391 | +€3,691 | +26.9% |
| Recurring financial charges | 65 | €13,700 | €17,221 | +€3,521 | +25.7% |
| Non-recurring financial charges | 66B | - | €170 | +€170 | |
| Profit (loss) for the period before taxes | 9903 | -€213 | -€41,254 | -€41,041 | -19,262% |
| Income taxes | 67/77 | - | €12 | +€12 | |
| Profit (loss) for the period | 9904 | -€213 | -€41,266 | -€41,053 | -19,268% |
| Profit (loss) for the period to be appropriated | 9905 | -€213 | -€41,266 | -€41,053 | -19,268% |
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 24 October 2026 via checked.be.