RG 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.
RG Menuiserie
Largest movements
- Cash +€44,767
up €44,767 (+192%), from €23,332 to €68,099
mainly Receivables within one year (+€31,920) and Net result for the year (+€19,556)
- Receivables within one year -€31,920
down €31,920 (-72.5%), from €44,028 to €12,108
of which Trade receivables: -€29,337
- Tangible fixed assets -€12,797
down €12,797 (-30.7%), from €41,641 to €28,844
of which Furniture and vehicles: -€12,797
- Stocks and contracts -€2,512
down €2,512 (-8.3%), from €30,202 to €27,690
of which Stocks: -€8,230
- Reserves +€19,556
up €19,556 (+46.1%), from €42,412 to €61,968
- Debts after one year -€8,507
down €8,507 (-38.7%), from €21,999 to €13,492
- Trade debts -€6,211
down €6,211 (-29.2%), from €21,254 to €15,043
- Advances received -€4,605
down €4,605 (-35.3%), from €13,058 to €8,453
- Current portion of long-term debt -€2,823
down €2,823 (-24.9%), from €11,330 to €8,507
- Staff costs -€18,710
down €18,710 (-42.4%), from €44,178 to €25,468
- Taxes +€4,708
up €4,708 (+1,115%), from €422 to €5,130
- Gross operating margin +€3,443
up €3,443 (+5.3%), from €64,648 to €68,091
- Depreciation +€1,880
up €1,880 (+13.6%), from €13,870 to €15,750
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 | €140,537 | €138,130 | -€2,407 | -1.7% |
| Fixed assets | 21/28 | €41,641 | €28,844 | -€12,797 | -30.7% |
| Tangible fixed assets | 22/27 | €41,641 | €28,844 | -€12,797 | -30.7% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €41,641 | €28,844 | -€12,797 | -30.7% |
| Current assets | 29/58 | €98,896 | €109,286 | +€10,390 | +10.5% |
| Stocks and contracts in progress | 3 | €30,202 | €27,690 | -€2,512 | -8.3% |
| Stocks | 30/36 | €23,892 | €15,663 | -€8,230 | -34.4% |
| Contracts in progress | 37 | €6,310 | €12,028 | +€5,718 | +90.6% |
| Amounts receivable within one year | 40/41 | €44,028 | €12,108 | -€31,920 | -72.5% |
| Trade receivables | 40 | €36,335 | €6,997 | -€29,337 | -80.7% |
| Other amounts receivable | 41 | €7,693 | €5,111 | -€2,583 | -33.6% |
| Cash at bank and in hand | 54/58 | €23,332 | €68,099 | +€44,767 | +192% |
| Deferred charges and accrued income | 490/1 | €1,334 | €1,389 | +€55 | +4.1% |
| Total equity and liabilities | 10/49 | €140,537 | €138,130 | -€2,407 | -1.7% |
| Equity | 10/15 | €69,912 | €89,468 | +€19,556 | +28.0% |
| Contributions | 10/11 | €27,500 | €27,500 | = | 0.0% |
| Reserves | 13 | €42,412 | €61,968 | +€19,556 | +46.1% |
| Distributable reserves | 133 | €42,412 | €61,968 | +€19,556 | +46.1% |
| Amounts payable | 17/49 | €70,625 | €48,662 | -€21,962 | -31.1% |
| Amounts payable after more than one year | 17 | €21,999 | €13,492 | -€8,507 | -38.7% |
| Financial debts | 170/4 | €21,999 | €13,492 | -€8,507 | -38.7% |
| Amounts payable within one year | 42/48 | €48,626 | €35,170 | -€13,455 | -27.7% |
| Current portion of amounts payable after more than one year | 42 | €11,330 | €8,507 | -€2,823 | -24.9% |
| Trade debts | 44 | €21,254 | €15,043 | -€6,211 | -29.2% |
| Suppliers | 440/4 | €21,254 | €15,043 | -€6,211 | -29.2% |
| Advances received on contracts in progress | 46 | €13,058 | €8,453 | -€4,605 | -35.3% |
| Taxes, remuneration and social security | 45 | €2,984 | €3,167 | +€183 | +6.1% |
| Taxes | 450/3 | €766 | €3,167 | +€2,401 | +314% |
| Remuneration and social security | 454/9 | €2,218 | - | -€2,218 | |
| Remuneration, social security and pensions | 62 | €44,178 | €25,468 | -€18,710 | -42.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,870 | €15,750 | +€1,880 | +13.6% |
| Other operating charges | 640/8 | €1,177 | €1,180 | +€4 | +0.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €64,648 | €68,091 | +€3,443 | +5.3% |
| Operating profit (loss) | 9901 | €5,423 | €25,692 | +€20,269 | +374% |
| Financial income | 75/76B | €15 | €8 | -€7 | -45.7% |
| Recurring financial income | 75 | €15 | €8 | -€7 | -45.7% |
| Financial charges | 65/66B | €975 | €1,014 | +€40 | +4.1% |
| Recurring financial charges | 65 | €975 | €1,014 | +€40 | +4.1% |
| Profit (loss) for the period before taxes | 9903 | €4,463 | €24,686 | +€20,223 | +453% |
| Income taxes | 67/77 | €422 | €5,130 | +€4,708 | +1,115% |
| Profit (loss) for the period | 9904 | €4,041 | €19,556 | +€15,515 | +384% |
| Profit (loss) for the period to be appropriated | 9905 | €4,041 | €19,556 | +€15,515 | +384% |
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 14 October 2026 via checked.be.