TG 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.
TG Menuiserie
Largest movements
- Tangible fixed assets +€33,294
up €33,294 (+39.2%), from €84,997 to €118,291
of which Furniture and vehicles: +€36,088
- Cash -€4,035
down €4,035 (-48.2%), from €8,377 to €4,342
mainly Investment in fixed assets (net) (-€41,940) and Receivables within one year (-€2,136)
- Receivables within one year +€2,136
up €2,136 (+7.7%), from €27,748 to €29,884
of which Other amounts receivable: +€6,229
- Stocks and contracts +€2,000
up €2,000 (+15.3%), from €13,080 to €15,080
- Debts after one year +€21,856
up €21,856 (+60.9%), from €35,890 to €57,746
- Other debts +€8,052
up €8,052 (+23.4%), from €34,430 to €42,481
- Profit (loss) carried forward +€3,751
up €3,751 (+50.6%), from €7,413 to €11,164
- Current portion of long-term debt +€2,227
up €2,227 (+15.7%), from €14,214 to €16,441
- Depreciation -€3,158
down €3,158 (-26.8%), from €11,804 to €8,646
- Financial charges +€1,372
up €1,372 (+58.1%), from €2,361 to €3,733
- Taxes +€492
up €492 (+37.5%), from €1,312 to €1,805
- Other operating charges -€334
down €334 (-22.6%), from €1,478 to €1,144
- Financial income +€200
up €200 (+3,970%), from €5 to €205
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 | €135,916 | €168,908 | +€32,992 | +24.3% |
| Fixed assets | 21/28 | €84,997 | €118,291 | +€33,294 | +39.2% |
| Tangible fixed assets | 22/27 | €84,997 | €118,291 | +€33,294 | +39.2% |
| Land and buildings | 22 | €72,961 | €70,416 | -€2,546 | -3.5% |
| Plant, machinery and equipment | 23 | €248 | €0 | -€248 | -100% |
| Furniture and vehicles | 24 | €11,788 | €47,876 | +€36,088 | +306% |
| Current assets | 29/58 | €50,919 | €50,617 | -€302 | -0.6% |
| Stocks and contracts in progress | 3 | €13,080 | €15,080 | +€2,000 | +15.3% |
| Stocks | 30/36 | €13,080 | €15,080 | +€2,000 | +15.3% |
| Amounts receivable within one year | 40/41 | €27,748 | €29,884 | +€2,136 | +7.7% |
| Trade receivables | 40 | €25,003 | €20,909 | -€4,094 | -16.4% |
| Other amounts receivable | 41 | €2,745 | €8,975 | +€6,229 | +227% |
| Cash at bank and in hand | 54/58 | €8,377 | €4,342 | -€4,035 | -48.2% |
| Deferred charges and accrued income | 490/1 | €1,714 | €1,310 | -€404 | -23.5% |
| Total equity and liabilities | 10/49 | €135,916 | €168,908 | +€32,992 | +24.3% |
| Equity | 10/15 | €17,413 | €21,164 | +€3,751 | +21.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,413 | €11,164 | +€3,751 | +50.6% |
| Amounts payable | 17/49 | €118,504 | €147,744 | +€29,241 | +24.7% |
| Amounts payable after more than one year | 17 | €35,890 | €57,746 | +€21,856 | +60.9% |
| Financial debts | 170/4 | €35,890 | €57,746 | +€21,856 | +60.9% |
| Amounts payable within one year | 42/48 | €82,614 | €89,998 | +€7,385 | +8.9% |
| Current portion of amounts payable after more than one year | 42 | €14,214 | €16,441 | +€2,227 | +15.7% |
| Trade debts | 44 | €23,732 | €22,222 | -€1,511 | -6.4% |
| Suppliers | 440/4 | €23,732 | €22,222 | -€1,511 | -6.4% |
| Advances received on contracts in progress | 46 | €239 | €0 | -€239 | -100% |
| Taxes, remuneration and social security | 45 | €9,999 | €8,854 | -€1,145 | -11.4% |
| Taxes | 450/3 | €9,999 | €8,854 | -€1,145 | -11.4% |
| Other amounts payable | 47/48 | €34,430 | €42,481 | +€8,052 | +23.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,804 | €8,646 | -€3,158 | -26.8% |
| Other operating charges | 640/8 | €1,478 | €1,144 | -€334 | -22.6% |
| Gross operating margin | 9900 | €18,788 | €18,873 | +€86 | +0.5% |
| Operating profit (loss) | 9901 | €5,506 | €9,084 | +€3,578 | +65.0% |
| Financial income | 75/76B | €5 | €205 | +€200 | +3,970% |
| Recurring financial income | 75 | €5 | €205 | +€200 | +3,970% |
| Financial charges | 65/66B | €2,361 | €3,733 | +€1,372 | +58.1% |
| Recurring financial charges | 65 | €2,361 | €3,733 | +€1,372 | +58.1% |
| Profit (loss) for the period before taxes | 9903 | €3,150 | €5,556 | +€2,406 | +76.4% |
| Income taxes | 67/77 | €1,312 | €1,805 | +€492 | +37.5% |
| Profit (loss) for the period | 9904 | €1,838 | €3,751 | +€1,913 | +104% |
| Profit (loss) for the period to be appropriated | 9905 | €1,838 | €3,751 | +€1,913 | +104% |
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 20 October 2026 via checked.be.