Menuiserie Siemons: 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 Siemons
Largest movements
- Receivables within one year -€6,261
down €6,261 (-42.5%), from €14,730 to €8,469
of which Trade receivables: -€6,183
- Tangible fixed assets -€4,909
down €4,909 (-12.2%), from €40,234 to €35,325
of which Furniture and vehicles: -€7,366
- Debts after one year -€6,487
down €6,487 (-27.7%), from €23,454 to €16,967
- Trade debts -€2,950
down €2,950 (-52.0%), from €5,673 to €2,723
- Profit (loss) carried forward -€2,272
down €2,272 (-13.4%), from €16,930 to €14,658
- Tax, wage and social debts +€1,220
up €1,220 (+45.5%), from €2,680 to €3,900
- Gross operating margin +€7,445
up €7,445 (+71.9%), from €10,361 to €17,806
- Other operating charges +€5,757
up €5,757 (+438%), from €1,313 to €7,070
- Depreciation +€3,057
up €3,057 (+38.8%), from €7,876 to €10,933
- Taxes +€672
up €672 (+226%), from €297 to €969
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 | €65,743 | €55,294 | -€10,449 | -15.9% |
| Fixed assets | 21/28 | €40,234 | €35,325 | -€4,909 | -12.2% |
| Tangible fixed assets | 22/27 | €40,234 | €35,325 | -€4,909 | -12.2% |
| Plant, machinery and equipment | 23 | €2,559 | €5,016 | +€2,457 | +96.0% |
| Furniture and vehicles | 24 | €37,675 | €30,309 | -€7,366 | -19.6% |
| Current assets | 29/58 | €25,509 | €19,969 | -€5,540 | -21.7% |
| Stocks and contracts in progress | 3 | €750 | €750 | = | 0.0% |
| Stocks | 30/36 | €750 | €750 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €14,730 | €8,469 | -€6,261 | -42.5% |
| Trade receivables | 40 | €12,174 | €5,991 | -€6,183 | -50.8% |
| Other amounts receivable | 41 | €2,556 | €2,478 | -€78 | -3.1% |
| Cash at bank and in hand | 54/58 | €10,029 | €10,205 | +€176 | +1.8% |
| Deferred charges and accrued income | 490/1 | - | €545 | +€545 | |
| Total equity and liabilities | 10/49 | €65,743 | €55,294 | -€10,449 | -15.9% |
| Equity | 10/15 | €27,489 | €25,217 | -€2,272 | -8.3% |
| Contributions | 10/11 | €8,059 | €8,059 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,930 | €14,658 | -€2,272 | -13.4% |
| Amounts payable | 17/49 | €38,254 | €30,077 | -€8,177 | -21.4% |
| Amounts payable after more than one year | 17 | €23,454 | €16,967 | -€6,487 | -27.7% |
| Financial debts | 170/4 | €23,454 | €16,967 | -€6,487 | -27.7% |
| Amounts payable within one year | 42/48 | €14,800 | €13,110 | -€1,690 | -11.4% |
| Current portion of amounts payable after more than one year | 42 | €6,272 | €6,487 | +€215 | +3.4% |
| Trade debts | 44 | €5,673 | €2,723 | -€2,950 | -52.0% |
| Suppliers | 440/4 | €5,673 | €2,723 | -€2,950 | -52.0% |
| Advances received on contracts in progress | 46 | €175 | - | -€175 | |
| Taxes, remuneration and social security | 45 | €2,680 | €3,900 | +€1,220 | +45.5% |
| Taxes | 450/3 | €2,680 | €3,900 | +€1,220 | +45.5% |
| Non-recurring operating income | 76A | €2 | €8 | +€6 | +300% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,876 | €10,933 | +€3,057 | +38.8% |
| Other operating charges | 640/8 | €1,313 | €7,070 | +€5,757 | +438% |
| Gross operating margin | 9900 | €10,361 | €17,806 | +€7,445 | +71.9% |
| Operating profit (loss) | 9901 | €1,172 | -€197 | -€1,369 | |
| Financial charges | 65/66B | €1,025 | €1,106 | +€81 | +7.9% |
| Recurring financial charges | 65 | €1,025 | €1,106 | +€81 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | €147 | -€1,303 | -€1,450 | |
| Income taxes | 67/77 | €297 | €969 | +€672 | +226% |
| Profit (loss) for the period | 9904 | -€150 | -€2,272 | -€2,122 | -1,415% |
| Profit (loss) for the period to be appropriated | 9905 | -€150 | -€2,272 | -€2,122 | -1,415% |
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.