MEUBLES ALBERT D.: 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.
What changed
MEUBLES ALBERT D.
NACE 47.551, Retail sale of household furniture
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€127,415
2024 · €94,529+€32,886
Equity
€596,341
2024 · €588,926+€7,415
Cash
€558,368
2024 · €532,323+€26,045
Balance sheet total
€1.5m
2024 · €1.3m+€212,382
Largest movements
Assets
- Deferred charges and accrued income +€108,716
up €108,716 (+496%), from €21,911 to €130,627
- Stocks and contracts +€42,020
up €42,020 (+18.3%), from €229,959 to €271,979
- Receivables within one year +€39,912
up €39,912 (+28.2%), from €141,732 to €181,644
of which Trade receivables: +€44,912
- Cash +€26,045
up €26,045 (+4.9%), from €532,323 to €558,368
mainly Advances received (+€311,229) and Net result for the year (+€127,415)
Equity and liabilities
- Advances received +€311,229
up €311,229 (+170%), from €182,900 to €494,129
- Trade debts -€58,406
down €58,406 (-27.3%), from €213,770 to €155,364
- Debts after one year -€31,508
down €31,508 (-67.6%), from €46,592 to €15,084
Income statement
- Turnover +€103,723
up €103,723 (+3.6%), from €2.9m to €3.0m
- Purchases and services +€77,453
up €77,453 (+3.0%), from €2.6m to €2.7m
- Gross operating margin +€31,182
up €31,182 (+12.5%), from €248,616 to €279,798
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.
Result 2024
€94,529
Gross operating margin
+€31,182
Staff costs
+€4,397
Depreciation
+€143
Other operating charges
-€951
Other operating items
-€4,250
Financial income
-€175
Financial charges
-€353
Taxes
+€2,893
Result 2025
€127,415
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€178,908
Investment
€0
Financing
-€152,863
Cash 2024
€532,323
From operations (derived)
+€178,908
Net result for the year
+€127,415
Depreciation
+€4,311
Stocks and contracts
-€42,020
Receivables within one year
-€39,912
Deferred charges and accrued income
-€108,716
Trade debts
-€58,406
Tax, wage and social debts
-€2,693
Advances received
+€311,229
Other debts
-€12,272
Accrued charges and deferred income
-€28
Financing
-€152,863
Debts after one year
-€31,508
Current portion of long-term debt
+€5,045
Short-term financial debts
-€6,400
Contributions, distributions and other
-€120,000
Cash 2025
€558,368
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,297,406 | €1,509,788 | +€212,382 | +16.4% |
| Fixed assets | 21/28 | €371,481 | €367,170 | -€4,311 | -1.2% |
| Tangible fixed assets | 22/27 | €9,331 | €5,020 | -€4,311 | -46.2% |
| Furniture and vehicles | 24 | €241 | - | -€241 | |
| Other tangible fixed assets | 26 | €9,090 | €5,020 | -€4,070 | -44.8% |
| Financial fixed assets | 28 | €362,150 | €362,150 | = | 0.0% |
| Current assets | 29/58 | €925,925 | €1,142,618 | +€216,693 | +23.4% |
| Stocks and contracts in progress | 3 | €229,959 | €271,979 | +€42,020 | +18.3% |
| Stocks | 30/36 | €229,959 | €271,979 | +€42,020 | +18.3% |
| Amounts receivable within one year | 40/41 | €141,732 | €181,644 | +€39,912 | +28.2% |
| Trade receivables | 40 | €106,732 | €151,644 | +€44,912 | +42.1% |
| Other amounts receivable | 41 | €35,000 | €30,000 | -€5,000 | -14.3% |
| Cash at bank and in hand | 54/58 | €532,323 | €558,368 | +€26,045 | +4.9% |
| Deferred charges and accrued income | 490/1 | €21,911 | €130,627 | +€108,716 | +496% |
| Total equity and liabilities | 10/49 | €1,297,406 | €1,509,788 | +€212,382 | +16.4% |
| Equity | 10/15 | €588,926 | €596,341 | +€7,415 | +1.3% |
| Contributions | 10/11 | €29,400 | €29,400 | = | 0.0% |
| Capital | 10 | €29,400 | €29,400 | = | 0.0% |
| Issued capital | 100 | €29,400 | €29,400 | = | 0.0% |
| Reserves | 13 | €3,584 | €3,584 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,584 | €3,584 | = | 0.0% |
| Legal reserve | 130 | €3,584 | €3,584 | = | 0.0% |
| Profit (loss) carried forward | 14 | €555,942 | €563,357 | +€7,415 | +1.3% |
| Amounts payable | 17/49 | €708,480 | €913,447 | +€204,967 | +28.9% |
| Amounts payable after more than one year | 17 | €46,592 | €15,084 | -€31,508 | -67.6% |
| Financial debts | 170/4 | €46,592 | €15,084 | -€31,508 | -67.6% |
| Amounts payable within one year | 42/48 | €661,553 | €898,056 | +€236,503 | +35.7% |
| Current portion of amounts payable after more than one year | 42 | €32,843 | €37,888 | +€5,045 | +15.4% |
| Financial debts | 43 | €56,400 | €50,000 | -€6,400 | -11.3% |
| Credit institutions | 430/8 | €56,400 | €50,000 | -€6,400 | -11.3% |
| Trade debts | 44 | €213,770 | €155,364 | -€58,406 | -27.3% |
| Suppliers | 440/4 | €213,770 | €155,364 | -€58,406 | -27.3% |
| Advances received on contracts in progress | 46 | €182,900 | €494,129 | +€311,229 | +170% |
| Taxes, remuneration and social security | 45 | €75,757 | €73,064 | -€2,693 | -3.6% |
| Taxes | 450/3 | €65,611 | €64,528 | -€1,083 | -1.7% |
| Remuneration and social security | 454/9 | €10,146 | €8,536 | -€1,610 | -15.9% |
| Other amounts payable | 47/48 | €99,883 | €87,611 | -€12,272 | -12.3% |
| Accrued charges and deferred income | 492/3 | €335 | €307 | -€28 | -8.4% |
| Turnover | 70 | €2,862,442 | €2,966,165 | +€103,723 | +3.6% |
| Non-recurring operating income | 76A | €1,653 | - | -€1,653 | |
| Goods, raw materials, services and sundry goods | 60/61 | €2,616,604 | €2,694,057 | +€77,453 | +3.0% |
| Remuneration, social security and pensions | 62 | €64,846 | €60,449 | -€4,397 | -6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,454 | €4,311 | -€143 | -3.2% |
| Other operating charges | 640/8 | €9,189 | €10,140 | +€951 | +10.3% |
| Non-recurring operating charges | 66A | - | €4,250 | +€4,250 | |
| Gross operating margin | 9900 | €248,616 | €279,798 | +€31,182 | +12.5% |
| Operating profit (loss) | 9901 | €170,127 | €200,648 | +€30,521 | +17.9% |
| Financial income | 75/76B | €1,223 | €1,048 | -€175 | -14.3% |
| Recurring financial income | 75 | €1,223 | €1,048 | -€175 | -14.3% |
| Financial charges | 65/66B | €28,736 | €29,089 | +€353 | +1.2% |
| Recurring financial charges | 65 | €28,736 | €29,089 | +€353 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €142,614 | €172,607 | +€29,993 | +21.0% |
| Income taxes | 67/77 | €48,085 | €45,192 | -€2,893 | -6.0% |
| Profit (loss) for the period | 9904 | €94,529 | €127,415 | +€32,886 | +34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €94,529 | €127,415 | +€32,886 | +34.8% |
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 1 November 2026 via checked.be.