MENUISERIE THIRY: 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 THIRY
Largest movements
- Receivables within one year -€8,903
down €8,903 (-65.2%), from €13,654 to €4,751
of which Trade receivables: -€7,644
- Cash -€772
down €772 (-99.5%), from €776 to €4
mainly Trade debts (-€25,408) and Investment in fixed assets (net) (-€7,465)
- Tangible fixed assets +€561
up €561 (+4.0%), from €13,981 to €14,542
of which Furniture and vehicles: +€4,510
- Trade debts -€25,408
down €25,408 (-80.7%), from €31,493 to €6,085
- Other debts +€8,396
up €8,396 (+25.0%), from €33,626 to €42,022
- Profit (loss) carried forward +€4,485
up €4,485 (+8.0%), from -€56,335 to -€51,850
- Tax, wage and social debts +€2,820
new in 2025: €2,820
- Short-term financial debts +€617
new in 2025: €617
- Taxes +€3,390
new in 2025: €3,390
- Gross operating margin -€2,471
down €2,471 (-13.8%), from €17,924 to €15,453
- Depreciation +€1,649
up €1,649 (+31.4%), from €5,255 to €6,904
- Financial charges -€381
down €381 (-47.8%), from €797 to €416
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.
Cash bridge derived
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 | €29,244 | €20,153 | -€9,091 | -31.1% |
| Fixed assets | 21/28 | €14,491 | €15,052 | +€561 | +3.9% |
| Tangible fixed assets | 22/27 | €13,981 | €14,542 | +€561 | +4.0% |
| Furniture and vehicles | 24 | €2,097 | €6,607 | +€4,510 | +215.1% |
| Other tangible fixed assets | 26 | €11,884 | €7,935 | -€3,949 | -33.2% |
| Financial fixed assets | 28 | €511 | €511 | = | 0.0% |
| Current assets | 29/58 | €14,753 | €5,101 | -€9,652 | -65.4% |
| Amounts receivable within one year | 40/41 | €13,654 | €4,751 | -€8,903 | -65.2% |
| Trade receivables | 40 | €10,804 | €3,160 | -€7,644 | -70.8% |
| Other amounts receivable | 41 | €2,850 | €1,591 | -€1,259 | -44.2% |
| Cash at bank and in hand | 54/58 | €776 | €4 | -€772 | -99.5% |
| Deferred charges and accrued income | 490/1 | €323 | €346 | +€24 | +7.4% |
| Total equity and liabilities | 10/49 | €29,244 | €20,153 | -€9,091 | -31.1% |
| Equity | 10/15 | -€35,875 | -€31,390 | +€4,485 | +12.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 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 | -€56,335 | -€51,850 | +€4,485 | +8.0% |
| Amounts payable | 17/49 | €65,119 | €51,543 | -€13,576 | -20.8% |
| Amounts payable within one year | 42/48 | €65,119 | €51,543 | -€13,576 | -20.8% |
| Financial debts | 43 | - | €617 | +€617 | |
| Credit institutions | 430/8 | - | €617 | +€617 | |
| Trade debts | 44 | €31,493 | €6,085 | -€25,408 | -80.7% |
| Suppliers | 440/4 | €31,493 | €6,085 | -€25,408 | -80.7% |
| Taxes, remuneration and social security | 45 | - | €2,820 | +€2,820 | |
| Taxes | 450/3 | - | €2,820 | +€2,820 | |
| Other amounts payable | 47/48 | €33,626 | €42,022 | +€8,396 | +25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,255 | €6,904 | +€1,649 | +31.4% |
| Other operating charges | 640/8 | €433 | €264 | -€169 | -39.0% |
| Gross operating margin | 9900 | €17,924 | €15,453 | -€2,471 | -13.8% |
| Operating profit (loss) | 9901 | €12,236 | €8,286 | -€3,951 | -32.3% |
| Financial income | 75/76B | €6 | €5 | -€1 | -9.9% |
| Recurring financial income | 75 | €6 | €5 | -€1 | -9.9% |
| Financial charges | 65/66B | €797 | €416 | -€381 | -47.8% |
| Recurring financial charges | 65 | €797 | €416 | -€381 | -47.8% |
| Profit (loss) for the period before taxes | 9903 | €11,445 | €7,875 | -€3,570 | -31.2% |
| Income taxes | 67/77 | - | €3,390 | +€3,390 | |
| Profit (loss) for the period | 9904 | €11,445 | €4,485 | -€6,960 | -60.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,445 | €4,485 | -€6,960 | -60.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.