TDMENUISERIE: 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.
TDMENUISERIE
Largest movements
- Cash +€43,784
up €43,784 (+79.5%), from €55,101 to €98,885
mainly Advances received (+€24,844) and Depreciation (+€13,275)
- Intangible fixed assets -€12,500
down €12,500 (-14.3%), from €87,500 to €75,000
- Receivables within one year -€9,183
down €9,183 (-34.2%), from €26,813 to €17,631
of which Trade receivables: -€8,319
- Stocks and contracts +€5,969
up €5,969 (+75.9%), from €7,867 to €13,836
- Deferred charges and accrued income +€5,577
up €5,577 (+55.9%), from €9,977 to €15,554
- Advances received +€24,844
up €24,844 (+56.4%), from €44,088 to €68,932
- Other debts -€13,498
down €13,498 (-9.3%), from €145,469 to €131,971
- Trade debts +€10,295
up €10,295 (+49.3%), from €20,892 to €31,186
- Tax, wage and social debts +€8,011
up €8,011, from €0 to €8,011
- Profit (loss) carried forward +€6,721
up €6,721 (+28.6%), from -€23,493 to -€16,773
- Gross operating margin +€23,280
up €23,280, from -€6,842 to €16,438
- Depreciation -€14,641
down €14,641 (-52.4%), from €27,916 to €13,275
- Financial income +€2,071
up €2,071 (+72.6%), from €2,852 to €4,923
- Financial charges -€1,699
down €1,699 (-97.1%), from €1,751 to €52
- Other operating charges +€493
up €493 (+60.0%), from €821 to €1,314
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.
Cash bridge derived
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 | €188,955 | €225,327 | +€36,372 | +19.2% |
| Formation expenses | 20 | €1,365 | €832 | -€533 | -39.1% |
| Fixed assets | 21/28 | €87,831 | €78,589 | -€9,242 | -10.5% |
| Intangible fixed assets | 21 | €87,500 | €75,000 | -€12,500 | -14.3% |
| Tangible fixed assets | 22/27 | €331 | €3,589 | +€3,258 | +984.8% |
| Plant, machinery and equipment | 23 | €331 | €3,589 | +€3,258 | +984.8% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €99,759 | €145,906 | +€46,147 | +46.3% |
| Stocks and contracts in progress | 3 | €7,867 | €13,836 | +€5,969 | +75.9% |
| Stocks | 30/36 | €7,867 | €13,836 | +€5,969 | +75.9% |
| Amounts receivable within one year | 40/41 | €26,813 | €17,631 | -€9,183 | -34.2% |
| Trade receivables | 40 | €25,950 | €17,631 | -€8,319 | -32.1% |
| Other amounts receivable | 41 | €864 | €0 | -€864 | -100.0% |
| Cash at bank and in hand | 54/58 | €55,101 | €98,885 | +€43,784 | +79.5% |
| Deferred charges and accrued income | 490/1 | €9,977 | €15,554 | +€5,577 | +55.9% |
| Total equity and liabilities | 10/49 | €188,955 | €225,327 | +€36,372 | +19.2% |
| Equity | 10/15 | -€21,493 | -€14,773 | +€6,721 | +31.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,493 | -€16,773 | +€6,721 | +28.6% |
| Amounts payable | 17/49 | €210,448 | €240,100 | +€29,651 | +14.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €210,448 | €240,100 | +€29,651 | +14.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €20,892 | €31,186 | +€10,295 | +49.3% |
| Suppliers | 440/4 | €20,892 | €31,186 | +€10,295 | +49.3% |
| Advances received on contracts in progress | 46 | €44,088 | €68,932 | +€24,844 | +56.4% |
| Taxes, remuneration and social security | 45 | €0 | €8,011 | +€8,011 | |
| Taxes | 450/3 | €0 | €8,011 | +€8,011 | |
| Other amounts payable | 47/48 | €145,469 | €131,971 | -€13,498 | -9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,916 | €13,275 | -€14,641 | -52.4% |
| Other operating charges | 640/8 | €821 | €1,314 | +€493 | +60.0% |
| Gross operating margin | 9900 | -€6,842 | €16,438 | +€23,280 | |
| Operating profit (loss) | 9901 | -€35,579 | €1,849 | +€37,428 | |
| Financial income | 75/76B | €2,852 | €4,923 | +€2,071 | +72.6% |
| Recurring financial income | 75 | €2,852 | €4,923 | +€2,071 | +72.6% |
| Financial charges | 65/66B | €1,751 | €52 | -€1,699 | -97.1% |
| Recurring financial charges | 65 | €1,751 | €52 | -€1,699 | -97.1% |
| Profit (loss) for the period before taxes | 9903 | -€34,477 | €6,721 | +€41,198 | |
| Profit (loss) for the period | 9904 | -€34,477 | €6,721 | +€41,198 | |
| Profit (loss) for the period to be appropriated | 9905 | -€34,477 | €6,721 | +€41,198 |
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 9 October 2026 via checked.be.