MODELAGE BOISERIE INDUSTRIE: what changed
MODELAGE BOISERIE INDUSTRIE
Largest movements
- Intangible fixed assets +€22,191
new in 2025: €22,191
- Receivables within one year -€21,577
down €21,577 (-31.8%), from €67,751 to €46,174
of which Other amounts receivable: -€18,436
- Tangible fixed assets +€7,996
up €7,996 (+34.4%), from €23,211 to €31,206
of which Plant, machinery and equipment: +€7,852
- Stocks and contracts -€1,700
down €1,700 (-32.7%), from €5,200 to €3,500
- Cash -€1,530
down €1,530 (-5.6%), from €27,437 to €25,907
mainly Contributions, distributions and other (-€69,991) and Investment in fixed assets (net) (-€39,525)
- Debts after one year +€17,295
new in 2025: €17,295
- Other debts +€16,668
up €16,668 (+26.8%), from €62,080 to €78,748
- Current portion of long-term debt -€14,211
down €14,211 (-74.8%), from €19,000 to €4,789
- Reserves -€10,267
no longer reported in 2025 (was €10,267)
- Trade debts -€3,736
down €3,736 (-37.0%), from €10,108 to €6,372
- Gross operating margin +€13,383
up €13,383 (+17.4%), from €76,780 to €90,163
- Depreciation +€6,481
up €6,481 (+227%), from €2,858 to €9,338
- Taxes +€918
up €918 (+5.0%), from €18,406 to €19,324
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €124,266 | €129,645 | +€5,379 | +4.3% |
| Fixed assets | 21/28 | €23,211 | €53,397 | +€30,187 | +130% |
| Intangible fixed assets | 21 | - | €22,191 | +€22,191 | |
| Tangible fixed assets | 22/27 | €23,211 | €31,206 | +€7,996 | +34.4% |
| Plant, machinery and equipment | 23 | €5,170 | €13,022 | +€7,852 | +152% |
| Furniture and vehicles | 24 | €6,963 | €7,163 | +€200 | +2.9% |
| Other tangible fixed assets | 26 | €11,077 | €11,021 | -€56 | -0.5% |
| Current assets | 29/58 | €101,055 | €76,248 | -€24,808 | -24.5% |
| Stocks and contracts in progress | 3 | €5,200 | €3,500 | -€1,700 | -32.7% |
| Stocks | 30/36 | €5,200 | €3,500 | -€1,700 | -32.7% |
| Amounts receivable within one year | 40/41 | €67,751 | €46,174 | -€21,577 | -31.8% |
| Trade receivables | 40 | €31,627 | €28,486 | -€3,141 | -9.9% |
| Other amounts receivable | 41 | €36,124 | €17,688 | -€18,436 | -51.0% |
| Cash at bank and in hand | 54/58 | €27,437 | €25,907 | -€1,530 | -5.6% |
| Deferred charges and accrued income | 490/1 | €667 | €667 | -€0 | -0.1% |
| Total equity and liabilities | 10/49 | €124,266 | €129,645 | +€5,379 | +4.3% |
| Equity | 10/15 | €28,867 | €18,600 | -€10,267 | -35.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €10,267 | - | -€10,267 | |
| Distributable reserves | 133 | €10,267 | - | -€10,267 | |
| Amounts payable | 17/49 | €95,399 | €111,045 | +€15,646 | +16.4% |
| Amounts payable after more than one year | 17 | - | €17,295 | +€17,295 | |
| Financial debts | 170/4 | - | €17,295 | +€17,295 | |
| Amounts payable within one year | 42/48 | €95,333 | €93,683 | -€1,650 | -1.7% |
| Current portion of amounts payable after more than one year | 42 | €19,000 | €4,789 | -€14,211 | -74.8% |
| Trade debts | 44 | €10,108 | €6,372 | -€3,736 | -37.0% |
| Suppliers | 440/4 | €10,108 | €6,372 | -€3,736 | -37.0% |
| Taxes, remuneration and social security | 45 | €4,145 | €3,775 | -€371 | -8.9% |
| Taxes | 450/3 | €4,145 | €3,775 | -€371 | -8.9% |
| Other amounts payable | 47/48 | €62,080 | €78,748 | +€16,668 | +26.8% |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,858 | €9,338 | +€6,481 | +227% |
| Other operating charges | 640/8 | €1,096 | €1,082 | -€14 | -1.3% |
| Gross operating margin | 9900 | €76,780 | €90,163 | +€13,383 | +17.4% |
| Operating profit (loss) | 9901 | €72,827 | €79,743 | +€6,916 | +9.5% |
| Financial income | 75/76B | €1 | €1 | +€0 | +32.8% |
| Recurring financial income | 75 | €1 | €1 | +€0 | +32.8% |
| Financial charges | 65/66B | €290 | €696 | +€406 | +140% |
| Recurring financial charges | 65 | €290 | €696 | +€406 | +140% |
| Profit (loss) for the period before taxes | 9903 | €72,538 | €79,048 | +€6,510 | +9.0% |
| Income taxes | 67/77 | €18,406 | €19,324 | +€918 | +5.0% |
| Profit (loss) for the period | 9904 | €54,132 | €59,724 | +€5,592 | +10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €54,132 | €59,724 | +€5,592 | +10.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.