STRENS - 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.
STRENS - MENUISERIE
Largest movements
- Cash +€19,250
up €19,250 (+13.8%), from €139,178 to €158,427
mainly Net result for the year (+€19,962) and Depreciation (+€6,544)
- Tangible fixed assets -€6,544
down €6,544 (-85.7%), from €7,635 to €1,091
- Profit (loss) carried forward +€19,962
up €19,962 (+8.5%), from €235,890 to €255,852
- Gross operating margin +€33,482
up €33,482 (+76.9%), from €43,567 to €77,048
- Staff costs +€15,341
up €15,341 (+64.3%), from €23,866 to €39,207
- Taxes +€3,536
up €3,536 (+64.2%), from €5,512 to €9,048
- Other operating charges +€2,716
up €2,716 (+181%), from €1,501 to €4,217
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 | €464,903 | €480,249 | +€15,345 | +3.3% |
| Fixed assets | 21/28 | €7,635 | €1,091 | -€6,544 | -85.7% |
| Tangible fixed assets | 22/27 | €7,635 | €1,091 | -€6,544 | -85.7% |
| Furniture and vehicles | 24 | €7,635 | €1,091 | -€6,544 | -85.7% |
| Current assets | 29/58 | €457,269 | €479,158 | +€21,890 | +4.8% |
| Stocks and contracts in progress | 3 | €2,145 | €2,476 | +€331 | +15.4% |
| Stocks | 30/36 | €2,145 | €2,476 | +€331 | +15.4% |
| Amounts receivable within one year | 40/41 | €7,657 | €8,190 | +€534 | +7.0% |
| Trade receivables | 40 | €2,866 | €1,875 | -€991 | -34.6% |
| Other amounts receivable | 41 | €4,790 | €6,315 | +€1,525 | +31.8% |
| Current investments | 50/53 | €300,409 | €302,336 | +€1,927 | +0.6% |
| Cash at bank and in hand | 54/58 | €139,178 | €158,427 | +€19,250 | +13.8% |
| Deferred charges and accrued income | 490/1 | €7,880 | €7,729 | -€151 | -1.9% |
| Total equity and liabilities | 10/49 | €464,903 | €480,249 | +€15,345 | +3.3% |
| Equity | 10/15 | €401,342 | €421,304 | +€19,962 | +5.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | - | -€18,592 | |
| Issued capital | 100 | €18,592 | - | -€18,592 | |
| Reserves | 13 | €146,859 | €146,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Legal reserve | 130 | €1,859 | - | -€1,859 | |
| Distributable reserves | 133 | €145,000 | €146,859 | +€1,859 | +1.3% |
| Profit (loss) carried forward | 14 | €235,890 | €255,852 | +€19,962 | +8.5% |
| Amounts payable | 17/49 | €63,562 | €58,945 | -€4,616 | -7.3% |
| Amounts payable within one year | 42/48 | €63,562 | €58,945 | -€4,616 | -7.3% |
| Current portion of amounts payable after more than one year | 42 | €3,019 | - | -€3,019 | |
| Trade debts | 44 | €4,280 | €1,659 | -€2,621 | -61.2% |
| Suppliers | 440/4 | €4,280 | €1,659 | -€2,621 | -61.2% |
| Taxes, remuneration and social security | 45 | €5,688 | €2,512 | -€3,177 | -55.8% |
| Taxes | 450/3 | €2,875 | €712 | -€2,164 | -75.2% |
| Remuneration and social security | 454/9 | €2,813 | €1,800 | -€1,013 | -36.0% |
| Other amounts payable | 47/48 | €50,575 | €54,775 | +€4,200 | +8.3% |
| Remuneration, social security and pensions | 62 | €23,866 | €39,207 | +€15,341 | +64.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,544 | €6,544 | = | 0.0% |
| Other operating charges | 640/8 | €1,501 | €4,217 | +€2,716 | +181% |
| Gross operating margin | 9900 | €43,567 | €77,048 | +€33,482 | +76.9% |
| Operating profit (loss) | 9901 | €11,655 | €27,080 | +€15,425 | +132% |
| Financial income | 75/76B | €2,630 | €2,480 | -€150 | -5.7% |
| Recurring financial income | 75 | €2,630 | €2,480 | -€150 | -5.7% |
| Financial charges | 65/66B | €234 | €551 | +€317 | +135% |
| Recurring financial charges | 65 | €234 | €330 | +€96 | +40.9% |
| Non-recurring financial charges | 66B | - | €221 | +€221 | |
| Profit (loss) for the period before taxes | 9903 | €14,051 | €29,010 | +€14,958 | +106% |
| Income taxes | 67/77 | €5,512 | €9,048 | +€3,536 | +64.2% |
| Profit (loss) for the period | 9904 | €8,540 | €19,962 | +€11,422 | +134% |
| Profit (loss) for the period to be appropriated | 9905 | €8,540 | €19,962 | +€11,422 | +134% |
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 19 October 2026 via checked.be.