MICI MENUISERIE: 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.
MICI MENUISERIE
Largest movements
- Receivables within one year +€103,976
up €103,976 (+407%), from €25,524 to €129,500
of which Trade receivables: +€100,532
- Stocks and contracts -€10,631
down €10,631 (-19.5%), from €54,476 to €43,845
- Deferred charges and accrued income -€2,961
down €2,961 (-24.7%), from €11,989 to €9,028
- Trade debts +€77,255
up €77,255 (+132%), from €58,603 to €135,858
- Short-term financial debts +€9,730
new in 2025: €9,730
- Tax, wage and social debts +€4,965
up €4,965 (+24.1%), from €20,594 to €25,558
of which Taxes: +€4,473
- Profit (loss) carried forward -€3,690
down €3,690 (-28.4%), from €13,014 to €9,324
- Staff costs +€11,299
up €11,299 (+15.3%), from €73,976 to €85,275
- Gross operating margin +€4,687
up €4,687 (+4.3%), from €108,782 to €113,469
- Taxes -€1,574
down €1,574 (-25.4%), from €6,189 to €4,616
- Financial charges +€1,497
up €1,497 (+35.6%), from €4,210 to €5,708
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 | €97,508 | €185,846 | +€88,338 | +90.6% |
| Formation expenses | 20 | €401 | - | -€401 | |
| Fixed assets | 21/28 | €4,360 | €3,473 | -€887 | -20.4% |
| Tangible fixed assets | 22/27 | €4,360 | €3,473 | -€887 | -20.4% |
| Land and buildings | 22 | €3,581 | €3,091 | -€489 | -13.7% |
| Furniture and vehicles | 24 | €780 | €382 | -€398 | -51.0% |
| Current assets | 29/58 | €92,747 | €182,373 | +€89,626 | +96.6% |
| Stocks and contracts in progress | 3 | €54,476 | €43,845 | -€10,631 | -19.5% |
| Stocks | 30/36 | €54,476 | €43,845 | -€10,631 | -19.5% |
| Amounts receivable within one year | 40/41 | €25,524 | €129,500 | +€103,976 | +407% |
| Trade receivables | 40 | €20,903 | €121,435 | +€100,532 | +481% |
| Other amounts receivable | 41 | €4,621 | €8,064 | +€3,443 | +74.5% |
| Cash at bank and in hand | 54/58 | €758 | - | -€758 | |
| Deferred charges and accrued income | 490/1 | €11,989 | €9,028 | -€2,961 | -24.7% |
| Total equity and liabilities | 10/49 | €97,508 | €185,846 | +€88,338 | +90.6% |
| Equity | 10/15 | €18,014 | €14,324 | -€3,690 | -20.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,014 | €9,324 | -€3,690 | -28.4% |
| Amounts payable | 17/49 | €79,494 | €171,522 | +€92,027 | +116% |
| Amounts payable within one year | 42/48 | €79,197 | €171,373 | +€92,175 | +116% |
| Financial debts | 43 | - | €9,730 | +€9,730 | |
| Credit institutions | 430/8 | - | €9,730 | +€9,730 | |
| Trade debts | 44 | €58,603 | €135,858 | +€77,255 | +132% |
| Suppliers | 440/4 | €58,603 | €135,858 | +€77,255 | +132% |
| Taxes, remuneration and social security | 45 | €20,594 | €25,558 | +€4,965 | +24.1% |
| Taxes | 450/3 | €12,748 | €17,221 | +€4,473 | +35.1% |
| Remuneration and social security | 454/9 | €7,846 | €8,338 | +€492 | +6.3% |
| Other amounts payable | 47/48 | - | €226 | +€226 | |
| Accrued charges and deferred income | 492/3 | €297 | €149 | -€148 | -49.8% |
| Remuneration, social security and pensions | 62 | €73,976 | €85,275 | +€11,299 | +15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,288 | €1,288 | -€0 | 0.0% |
| Other operating charges | 640/8 | €4,338 | €4,773 | +€434 | +10.0% |
| Gross operating margin | 9900 | €108,782 | €113,469 | +€4,687 | +4.3% |
| Operating profit (loss) | 9901 | €29,180 | €22,134 | -€7,046 | -24.1% |
| Financial income | 75/76B | €221 | - | -€221 | |
| Recurring financial income | 75 | €221 | - | -€221 | |
| Financial charges | 65/66B | €4,210 | €5,708 | +€1,497 | +35.6% |
| Recurring financial charges | 65 | €4,210 | €5,708 | +€1,497 | +35.6% |
| Profit (loss) for the period before taxes | 9903 | €25,191 | €16,426 | -€8,765 | -34.8% |
| Income taxes | 67/77 | €6,189 | €4,616 | -€1,574 | -25.4% |
| Profit (loss) for the period | 9904 | €19,001 | €11,810 | -€7,191 | -37.8% |
| Profit (loss) for the period to be appropriated | 9905 | €19,001 | €11,810 | -€7,191 | -37.8% |
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 16 October 2026 via checked.be.