RD Menuiserie Générale: 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.
RD Menuiserie Générale
Largest movements
- Cash -€87,025
down €87,025 (-30.6%), from €284,297 to €197,272
mainly Trade debts (-€154,866) and Investment in fixed assets (net) (-€87,357)
- Tangible fixed assets +€39,035
up €39,035 (+14.9%), from €262,391 to €301,425
of which Land and buildings: +€35,941
- Trade debts -€154,866
down €154,866 (-73.8%), from €209,897 to €55,031
- Debts after one year +€79,631
up €79,631 (+354%), from €22,499 to €102,129
of which Financial debts: +€83,851
- Profit (loss) carried forward +€64,629
up €64,629 (+16.2%), from €398,990 to €463,619
- Tax, wage and social debts -€28,359
down €28,359 (-82.0%), from €34,598 to €6,239
of which Remuneration and social security: -€18,918
- Staff costs +€59,030
up €59,030 (+27.2%), from €217,358 to €276,389
- Taxes -€14,446
down €14,446 (-61.9%), from €23,322 to €8,877
- Gross operating margin +€13,736
up €13,736 (+3.5%), from €388,105 to €401,841
- Depreciation +€8,626
up €8,626 (+21.5%), from €40,197 to €48,823
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 | €689,470 | €650,106 | -€39,364 | -5.7% |
| Fixed assets | 21/28 | €264,957 | €303,491 | +€38,535 | +14.5% |
| Intangible fixed assets | 21 | €2,065 | €1,565 | -€500 | -24.2% |
| Tangible fixed assets | 22/27 | €262,391 | €301,425 | +€39,035 | +14.9% |
| Land and buildings | 22 | €187,812 | €223,753 | +€35,941 | +19.1% |
| Plant, machinery and equipment | 23 | €40,327 | €31,029 | -€9,298 | -23.1% |
| Furniture and vehicles | 24 | €34,252 | €46,644 | +€12,391 | +36.2% |
| Financial fixed assets | 28 | €501 | €501 | = | 0.0% |
| Current assets | 29/58 | €424,513 | €346,615 | -€77,899 | -18.4% |
| Stocks and contracts in progress | 3 | €24,997 | €26,874 | +€1,877 | +7.5% |
| Stocks | 30/36 | €24,997 | €26,874 | +€1,877 | +7.5% |
| Amounts receivable within one year | 40/41 | €100,294 | €106,979 | +€6,685 | +6.7% |
| Trade receivables | 40 | €75,591 | €78,527 | +€2,936 | +3.9% |
| Other amounts receivable | 41 | €24,702 | €28,451 | +€3,749 | +15.2% |
| Cash at bank and in hand | 54/58 | €284,297 | €197,272 | -€87,025 | -30.6% |
| Deferred charges and accrued income | 490/1 | €14,926 | €15,491 | +€564 | +3.8% |
| Total equity and liabilities | 10/49 | €689,470 | €650,106 | -€39,364 | -5.7% |
| Equity | 10/15 | €413,759 | €477,788 | +€64,029 | +15.5% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €1,054 | €1,054 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,054 | €1,054 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,054 | €1,054 | = | 0.0% |
| Profit (loss) carried forward | 14 | €398,990 | €463,619 | +€64,629 | +16.2% |
| Investment grants | 15 | €1,215 | €615 | -€600 | -49.4% |
| Amounts payable | 17/49 | €275,710 | €172,318 | -€103,393 | -37.5% |
| Amounts payable after more than one year | 17 | €22,499 | €102,129 | +€79,631 | +354% |
| Financial debts | 170/4 | €0 | €83,851 | +€83,851 | |
| Other amounts payable | 178/9 | €22,499 | €18,278 | -€4,221 | -18.8% |
| Amounts payable within one year | 42/48 | €253,212 | €70,188 | -€183,024 | -72.3% |
| Current portion of amounts payable after more than one year | 42 | €8,717 | €8,919 | +€202 | +2.3% |
| Trade debts | 44 | €209,897 | €55,031 | -€154,866 | -73.8% |
| Suppliers | 440/4 | €209,897 | €55,031 | -€154,866 | -73.8% |
| Taxes, remuneration and social security | 45 | €34,598 | €6,239 | -€28,359 | -82.0% |
| Taxes | 450/3 | €9,441 | €0 | -€9,441 | -100% |
| Remuneration and social security | 454/9 | €25,157 | €6,239 | -€18,918 | -75.2% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €217,358 | €276,389 | +€59,030 | +27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,197 | €48,823 | +€8,626 | +21.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,860 | €3,908 | +€2,049 | +110% |
| Gross operating margin | 9900 | €388,105 | €401,841 | +€13,736 | +3.5% |
| Operating profit (loss) | 9901 | €128,690 | €72,722 | -€55,968 | -43.5% |
| Financial income | 75/76B | €5,580 | €5,202 | -€378 | -6.8% |
| Recurring financial income | 75 | €5,580 | €5,202 | -€378 | -6.8% |
| Financial charges | 65/66B | €570 | €4,418 | +€3,847 | +675% |
| Recurring financial charges | 65 | €570 | €4,418 | +€3,847 | +675% |
| Profit (loss) for the period before taxes | 9903 | €133,699 | €73,505 | -€60,194 | -45.0% |
| Income taxes | 67/77 | €23,322 | €8,877 | -€14,446 | -61.9% |
| Profit (loss) for the period | 9904 | €110,377 | €64,629 | -€45,748 | -41.4% |
| Profit (loss) for the period to be appropriated | 9905 | €110,377 | €64,629 | -€45,748 | -41.4% |
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 24 October 2026 via checked.be.