SP 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.
SP Menuiserie
Largest movements
- Cash -€12,518
down €12,518 (-74.7%), from €16,756 to €4,238
mainly Net result for the year (-€11,691) and Trade debts (-€7,583)
- Tangible fixed assets -€7,741
down €7,741 (-45.1%), from €17,174 to €9,433
of which Furniture and vehicles: -€6,399
- Receivables within one year -€1,948
down €1,948 (-19.9%), from €9,793 to €7,846
of which Trade receivables: -€1,512
- Deferred charges and accrued income +€1,560
up €1,560 (+402%), from €388 to €1,948
- Stocks and contracts -€875
down €875 (-10.0%), from €8,738 to €7,863
- Profit (loss) carried forward -€11,691
down €11,691, from €9,184 to -€2,506
- Trade debts -€7,583
down €7,583 (-59.6%), from €12,716 to €5,132
- Other debts -€3,411
down €3,411 (-20.0%), from €17,063 to €13,652
- Tax, wage and social debts +€1,164
up €1,164 (+48.6%), from €2,397 to €3,561
of which Remuneration and social security: +€1,164
- Depreciation -€15,129
down €15,129 (-64.8%), from €23,336 to €8,207
- Gross operating margin +€5,201
up €5,201, from -€2,725 to €2,476
- Taxes +€1,727
new in 2025: €1,727
- Staff costs -€1,013
down €1,013 (-38.7%), from €2,615 to €1,602
- Other operating charges +€755
up €755 (+43.5%), from €1,735 to €2,490
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 | €52,848 | €31,327 | -€21,521 | -40.7% |
| Fixed assets | 21/28 | €17,174 | €9,433 | -€7,741 | -45.1% |
| Tangible fixed assets | 22/27 | €17,174 | €9,433 | -€7,741 | -45.1% |
| Plant, machinery and equipment | 23 | €6,119 | €4,777 | -€1,342 | -21.9% |
| Furniture and vehicles | 24 | €11,055 | €4,656 | -€6,399 | -57.9% |
| Current assets | 29/58 | €35,675 | €21,894 | -€13,780 | -38.6% |
| Stocks and contracts in progress | 3 | €8,738 | €7,863 | -€875 | -10.0% |
| Stocks | 30/36 | €8,738 | €7,863 | -€875 | -10.0% |
| Amounts receivable within one year | 40/41 | €9,793 | €7,846 | -€1,948 | -19.9% |
| Trade receivables | 40 | €4,490 | €2,977 | -€1,512 | -33.7% |
| Other amounts receivable | 41 | €5,304 | €4,869 | -€435 | -8.2% |
| Cash at bank and in hand | 54/58 | €16,756 | €4,238 | -€12,518 | -74.7% |
| Deferred charges and accrued income | 490/1 | €388 | €1,948 | +€1,560 | +402% |
| Total equity and liabilities | 10/49 | €52,848 | €31,327 | -€21,521 | -40.7% |
| Equity | 10/15 | €14,184 | €2,494 | -€11,691 | -82.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,184 | -€2,506 | -€11,691 | |
| Amounts payable | 17/49 | €38,664 | €28,834 | -€9,831 | -25.4% |
| Amounts payable after more than one year | 17 | €6,489 | €6,489 | = | 0.0% |
| Financial debts | 170/4 | €6,489 | €6,489 | = | 0.0% |
| Amounts payable within one year | 42/48 | €32,175 | €22,344 | -€9,831 | -30.6% |
| Trade debts | 44 | €12,716 | €5,132 | -€7,583 | -59.6% |
| Suppliers | 440/4 | €12,716 | €5,132 | -€7,583 | -59.6% |
| Taxes, remuneration and social security | 45 | €2,397 | €3,561 | +€1,164 | +48.6% |
| Taxes | 450/3 | €211 | €211 | = | 0.0% |
| Remuneration and social security | 454/9 | €2,186 | €3,350 | +€1,164 | +53.2% |
| Other amounts payable | 47/48 | €17,063 | €13,652 | -€3,411 | -20.0% |
| Remuneration, social security and pensions | 62 | €2,615 | €1,602 | -€1,013 | -38.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,336 | €8,207 | -€15,129 | -64.8% |
| Other operating charges | 640/8 | €1,735 | €2,490 | +€755 | +43.5% |
| Gross operating margin | 9900 | -€2,725 | €2,476 | +€5,201 | |
| Operating profit (loss) | 9901 | -€30,411 | -€9,823 | +€20,588 | +67.7% |
| Financial income | 75/76B | €0 | €36 | +€36 | +120,033% |
| Recurring financial income | 75 | €0 | €36 | +€36 | +120,033% |
| Financial charges | 65/66B | €79 | €177 | +€98 | +124% |
| Recurring financial charges | 65 | €79 | €177 | +€98 | +124% |
| Profit (loss) for the period before taxes | 9903 | -€30,490 | -€9,964 | +€20,526 | +67.3% |
| Income taxes | 67/77 | - | €1,727 | +€1,727 | |
| Profit (loss) for the period | 9904 | -€30,490 | -€11,691 | +€18,799 | +61.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,490 | -€11,691 | +€18,799 | +61.7% |
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 15 October 2026 via checked.be.