SLM 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.
SLM MENUISERIE
Largest movements
- Cash +€8,818
up €8,818 (+56.6%), from €15,582 to €24,400
mainly Net result for the year (+€3,854) and Other debts (+€2,840)
- Receivables within one year +€3,278
up €3,278 (+1,422%), from €231 to €3,508
- Stocks and contracts -€1,600
down €1,600 (-67.4%), from €2,375 to €775
- Tangible fixed assets -€1,319
down €1,319 (-21.2%), from €6,234 to €4,914
of which Furniture and vehicles: -€1,042
- Intangible fixed assets -€1,090
down €1,090 (-60.6%), from €1,799 to €710
- Profit (loss) carried forward +€3,854
up €3,854 (+99.4%), from -€3,878 to -€24
- Other debts +€2,840
up €2,840 (+50.0%), from €5,676 to €8,516
- Tax, wage and social debts +€938
up €938 (+39.3%), from €2,388 to €3,325
of which Taxes: +€838
- Trade debts +€525
up €525 (+13.7%), from €3,825 to €4,350
- Gross operating margin +€4,066
up €4,066 (+88.3%), from €4,605 to €8,671
- Taxes +€838
up €838 (+216%), from €388 to €1,225
- Depreciation +€477
up €477 (+20.5%), from €2,332 to €2,809
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 | €28,471 | €36,627 | +€8,157 | +28.7% |
| Fixed assets | 21/28 | €8,033 | €5,624 | -€2,409 | -30.0% |
| Intangible fixed assets | 21 | €1,799 | €710 | -€1,090 | -60.6% |
| Tangible fixed assets | 22/27 | €6,234 | €4,914 | -€1,319 | -21.2% |
| Land and buildings | 22 | €911 | €820 | -€91 | -10.0% |
| Plant, machinery and equipment | 23 | €1,040 | €854 | -€187 | -17.9% |
| Furniture and vehicles | 24 | €4,283 | €3,241 | -€1,042 | -24.3% |
| Current assets | 29/58 | €20,437 | €31,003 | +€10,566 | +51.7% |
| Stocks and contracts in progress | 3 | €2,375 | €775 | -€1,600 | -67.4% |
| Stocks | 30/36 | €2,375 | €775 | -€1,600 | -67.4% |
| Amounts receivable within one year | 40/41 | €231 | €3,508 | +€3,278 | +1,422% |
| Other amounts receivable | 41 | €231 | €3,508 | +€3,278 | +1,422% |
| Cash at bank and in hand | 54/58 | €15,582 | €24,400 | +€8,818 | +56.6% |
| Deferred charges and accrued income | 490/1 | €2,250 | €2,320 | +€71 | +3.1% |
| Total equity and liabilities | 10/49 | €28,471 | €36,627 | +€8,157 | +28.7% |
| Equity | 10/15 | €16,582 | €20,436 | +€3,854 | +23.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,878 | -€24 | +€3,854 | +99.4% |
| Amounts payable | 17/49 | €11,889 | €16,191 | +€4,302 | +36.2% |
| Amounts payable within one year | 42/48 | €11,889 | €16,191 | +€4,302 | +36.2% |
| Trade debts | 44 | €3,825 | €4,350 | +€525 | +13.7% |
| Suppliers | 440/4 | €3,825 | €4,350 | +€525 | +13.7% |
| Taxes, remuneration and social security | 45 | €2,388 | €3,325 | +€938 | +39.3% |
| Taxes | 450/3 | €888 | €1,725 | +€838 | +94.4% |
| Remuneration and social security | 454/9 | €1,500 | €1,600 | +€100 | +6.7% |
| Other amounts payable | 47/48 | €5,676 | €8,516 | +€2,840 | +50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,332 | €2,809 | +€477 | +20.5% |
| Other operating charges | 640/8 | €686 | €647 | -€39 | -5.7% |
| Gross operating margin | 9900 | €4,605 | €8,671 | +€4,066 | +88.3% |
| Operating profit (loss) | 9901 | €1,587 | €5,215 | +€3,628 | +229% |
| Financial income | 75/76B | €4 | €6 | +€2 | +39.8% |
| Recurring financial income | 75 | €4 | €6 | +€2 | +39.8% |
| Financial charges | 65/66B | €127 | €141 | +€13 | +10.4% |
| Recurring financial charges | 65 | €127 | €141 | +€13 | +10.4% |
| Profit (loss) for the period before taxes | 9903 | €1,463 | €5,080 | +€3,616 | +247% |
| Income taxes | 67/77 | €388 | €1,225 | +€838 | +216% |
| Profit (loss) for the period | 9904 | €1,076 | €3,854 | +€2,779 | +258% |
| Profit (loss) for the period to be appropriated | 9905 | €1,076 | €3,854 | +€2,779 | +258% |
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 28 October 2026 via checked.be.