MENUISERIE TY: 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 TY
Largest movements
- Current investments -€200,000
down €200,000 (-100.0%), from €200,000 to €0
- Cash +€148,934
up €148,934 (+1976.5%), from €7,535 to €156,469
mainly Current investments (+€200,000) and Net result for the year (+€100,030)
- Tangible fixed assets +€137,983
up €137,983 (+14.0%), from €983,671 to €1.1m
of which Land and buildings: +€116,905
- Receivables within one year -€18,426
down €18,426 (-22.1%), from €83,358 to €64,932
of which Trade receivables: -€15,506
- Other debts +€89,896
up €89,896 (+55.2%), from €162,793 to €252,690
- Debts after one year -€36,078
down €36,078 (-6.3%), from €575,976 to €539,898
- Trade debts +€18,306
up €18,306 (+45.3%), from €40,437 to €58,742
- Gross operating margin -€70,903
down €70,903 (-18.8%), from €377,612 to €306,710
- Taxes -€14,981
down €14,981 (-37.9%), from €39,574 to €24,593
- Other operating charges +€8,932
up €8,932 (+237.3%), from €3,764 to €12,696
- Depreciation +€8,404
up €8,404 (+10.4%), from €81,124 to €89,528
- Staff costs -€5,716
down €5,716 (-9.2%), from €62,459 to €56,742
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 | €1,290,458 | €1,359,401 | +€68,942 | +5.3% |
| Fixed assets | 21/28 | €992,186 | €1,125,951 | +€133,765 | +13.5% |
| Intangible fixed assets | 21 | €8,516 | €4,298 | -€4,218 | -49.5% |
| Tangible fixed assets | 22/27 | €983,671 | €1,121,653 | +€137,983 | +14.0% |
| Land and buildings | 22 | €855,913 | €972,818 | +€116,905 | +13.7% |
| Plant, machinery and equipment | 23 | €81,320 | €66,345 | -€14,975 | -18.4% |
| Furniture and vehicles | 24 | €46,437 | €82,490 | +€36,052 | +77.6% |
| Current assets | 29/58 | €298,272 | €233,450 | -€64,822 | -21.7% |
| Stocks and contracts in progress | 3 | €3,645 | €5,451 | +€1,806 | +49.5% |
| Stocks | 30/36 | €3,645 | €5,451 | +€1,806 | +49.5% |
| Amounts receivable within one year | 40/41 | €83,358 | €64,932 | -€18,426 | -22.1% |
| Trade receivables | 40 | €59,115 | €43,609 | -€15,506 | -26.2% |
| Other amounts receivable | 41 | €24,243 | €21,323 | -€2,920 | -12.0% |
| Current investments | 50/53 | €200,000 | €0 | -€200,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €7,535 | €156,469 | +€148,934 | +1976.5% |
| Deferred charges and accrued income | 490/1 | €3,734 | €6,598 | +€2,864 | +76.7% |
| Total equity and liabilities | 10/49 | €1,290,458 | €1,359,401 | +€68,942 | +5.3% |
| Equity | 10/15 | €463,619 | €462,862 | -€758 | -0.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €425,860 | €425,860 | = | 0.0% |
| Distributable reserves | 133 | €425,860 | €425,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €348 | €378 | +€30 | +8.8% |
| Investment grants | 15 | €18,812 | €18,024 | -€788 | -4.2% |
| Amounts payable | 17/49 | €826,839 | €896,539 | +€69,700 | +8.4% |
| Amounts payable after more than one year | 17 | €575,976 | €539,898 | -€36,078 | -6.3% |
| Financial debts | 170/4 | €575,976 | €539,898 | -€36,078 | -6.3% |
| Amounts payable within one year | 42/48 | €250,863 | €355,257 | +€104,394 | +41.6% |
| Current portion of amounts payable after more than one year | 42 | €37,376 | €38,283 | +€908 | +2.4% |
| Trade debts | 44 | €40,437 | €58,742 | +€18,306 | +45.3% |
| Suppliers | 440/4 | €40,437 | €58,742 | +€18,306 | +45.3% |
| Taxes, remuneration and social security | 45 | €10,257 | €5,541 | -€4,716 | -46.0% |
| Taxes | 450/3 | €4,302 | €4,686 | +€384 | +8.9% |
| Remuneration and social security | 454/9 | €5,955 | €855 | -€5,100 | -85.6% |
| Other amounts payable | 47/48 | €162,793 | €252,690 | +€89,896 | +55.2% |
| Accrued charges and deferred income | 492/3 | - | €1,385 | +€1,385 | |
| Remuneration, social security and pensions | 62 | €62,459 | €56,742 | -€5,716 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,124 | €89,528 | +€8,404 | +10.4% |
| Other operating charges | 640/8 | €3,764 | €12,696 | +€8,932 | +237.3% |
| Gross operating margin | 9900 | €377,612 | €306,710 | -€70,903 | -18.8% |
| Operating profit (loss) | 9901 | €230,266 | €147,744 | -€82,522 | -35.8% |
| Financial income | 75/76B | €4,874 | €8,141 | +€3,266 | +67.0% |
| Recurring financial income | 75 | €4,874 | €8,141 | +€3,266 | +67.0% |
| Financial charges | 65/66B | €27,265 | €31,261 | +€3,996 | +14.7% |
| Recurring financial charges | 65 | €27,265 | €31,261 | +€3,996 | +14.7% |
| Profit (loss) for the period before taxes | 9903 | €207,874 | €124,623 | -€83,251 | -40.0% |
| Income taxes | 67/77 | €39,574 | €24,593 | -€14,981 | -37.9% |
| Profit (loss) for the period | 9904 | €168,300 | €100,030 | -€68,270 | -40.6% |
| Profit (loss) for the period to be appropriated | 9905 | €168,300 | €100,030 | -€68,270 | -40.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.