SV 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.
SV MENUISERIE
Largest movements
- Tangible fixed assets -€23,667
down €23,667 (-41.7%), from €56,739 to €33,072
- Receivables within one year +€10,845
up €10,845 (+91.8%), from €11,817 to €22,662
of which Trade receivables: +€13,318
- Cash +€7,326
up €7,326 (+159%), from €4,595 to €11,921
mainly Depreciation (+€23,667) and Stocks and contracts (+€4,906)
- Stocks and contracts -€4,906
down €4,906 (-61.5%), from €7,983 to €3,077
- Debts after one year -€13,733
down €13,733 (-27.8%), from €49,403 to €35,670
- Profit (loss) carried forward +€3,503
up €3,503 (+307%), from €1,141 to €4,644
- Trade debts -€2,317
down €2,317 (-32.0%), from €7,236 to €4,919
- Tax, wage and social debts +€1,483
up €1,483 (+21.5%), from €6,890 to €8,373
of which Taxes: +€4,903
- Gross operating margin +€11,723
up €11,723 (+48.4%), from €24,205 to €35,928
- Depreciation +€8,548
up €8,548 (+56.5%), from €15,119 to €23,667
- Taxes +€1,433
up €1,433 (+41.3%), from €3,470 to €4,903
- Other operating charges -€1,317
down €1,317 (-51.0%), from €2,584 to €1,267
- Financial charges +€974
up €974 (+51.5%), from €1,893 to €2,867
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 | €82,856 | €71,762 | -€11,094 | -13.4% |
| Fixed assets | 21/28 | €56,739 | €33,072 | -€23,667 | -41.7% |
| Tangible fixed assets | 22/27 | €56,739 | €33,072 | -€23,667 | -41.7% |
| Furniture and vehicles | 24 | €56,739 | €33,072 | -€23,667 | -41.7% |
| Current assets | 29/58 | €26,117 | €38,690 | +€12,573 | +48.1% |
| Stocks and contracts in progress | 3 | €7,983 | €3,077 | -€4,906 | -61.5% |
| Stocks | 30/36 | €7,983 | €3,077 | -€4,906 | -61.5% |
| Amounts receivable within one year | 40/41 | €11,817 | €22,662 | +€10,845 | +91.8% |
| Trade receivables | 40 | €4,768 | €18,086 | +€13,318 | +279% |
| Other amounts receivable | 41 | €7,049 | €4,576 | -€2,473 | -35.1% |
| Cash at bank and in hand | 54/58 | €4,595 | €11,921 | +€7,326 | +159% |
| Deferred charges and accrued income | 490/1 | €1,722 | €1,030 | -€692 | -40.2% |
| Total equity and liabilities | 10/49 | €82,856 | €71,762 | -€11,094 | -13.4% |
| Equity | 10/15 | €4,141 | €7,644 | +€3,503 | +84.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,141 | €4,644 | +€3,503 | +307% |
| Amounts payable | 17/49 | €78,715 | €64,118 | -€14,597 | -18.5% |
| Amounts payable after more than one year | 17 | €49,403 | €35,670 | -€13,733 | -27.8% |
| Financial debts | 170/4 | €49,403 | €35,670 | -€13,733 | -27.8% |
| Amounts payable within one year | 42/48 | €28,662 | €28,385 | -€277 | -1.0% |
| Current portion of amounts payable after more than one year | 42 | €13,167 | €13,732 | +€565 | +4.3% |
| Trade debts | 44 | €7,236 | €4,919 | -€2,317 | -32.0% |
| Suppliers | 440/4 | €7,236 | €4,919 | -€2,317 | -32.0% |
| Taxes, remuneration and social security | 45 | €6,890 | €8,373 | +€1,483 | +21.5% |
| Taxes | 450/3 | €3,470 | €8,373 | +€4,903 | +141% |
| Remuneration and social security | 454/9 | €3,420 | - | -€3,420 | |
| Other amounts payable | 47/48 | €1,369 | €1,361 | -€8 | -0.6% |
| Accrued charges and deferred income | 492/3 | €650 | €63 | -€587 | -90.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,119 | €23,667 | +€8,548 | +56.5% |
| Other operating charges | 640/8 | €2,584 | €1,267 | -€1,317 | -51.0% |
| Gross operating margin | 9900 | €24,205 | €35,928 | +€11,723 | +48.4% |
| Operating profit (loss) | 9901 | €6,502 | €10,994 | +€4,492 | +69.1% |
| Financial income | 75/76B | €2 | €279 | +€277 | +13,850% |
| Recurring financial income | 75 | €2 | €279 | +€277 | +13,850% |
| Financial charges | 65/66B | €1,893 | €2,867 | +€974 | +51.5% |
| Recurring financial charges | 65 | €1,893 | €2,867 | +€974 | +51.5% |
| Profit (loss) for the period before taxes | 9903 | €4,611 | €8,406 | +€3,795 | +82.3% |
| Income taxes | 67/77 | €3,470 | €4,903 | +€1,433 | +41.3% |
| Profit (loss) for the period | 9904 | €1,141 | €3,503 | +€2,362 | +207% |
| Profit (loss) for the period to be appropriated | 9905 | €1,141 | €3,503 | +€2,362 | +207% |
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 22 October 2026 via checked.be.