THE DOORS: what changed
What changed
THE DOORS
NACE 43.320, Joinery installation
filed annual accounts (NBB)
Net result for the year
€3,630
2024 · €1,823+€1,806
Equity
€128,404
2024 · €124,775+€3,630
Cash
€35,975
2024 · €26,126+€9,849
Balance sheet total
€239,711
2024 · €233,208+€6,503
Largest movements
Assets
- Current investments +€12,000
up €12,000 (+143%), from €8,387 to €20,387
- Cash +€9,849
up €9,849 (+37.7%), from €26,126 to €35,975
mainly Depreciation (+€15,918) and Trade debts (+€13,045)
- Tangible fixed assets -€7,562
down €7,562 (-12.3%), from €61,412 to €53,850
of which Leasing and similar rights: -€11,400
- Stocks and contracts -€6,158
down €6,158 (-9.5%), from €64,581 to €58,423
- Receivables within one year +€5,797
up €5,797 (+14.8%), from €39,223 to €45,020
of which Other amounts receivable: +€7,349
Equity and liabilities
- Trade debts +€13,045
up €13,045 (+55.2%), from €23,626 to €36,671
- Debts after one year -€10,709
down €10,709 (-25.7%), from €41,723 to €31,014
- Reserves +€3,630
up €3,630 (+3.4%), from €106,175 to €109,804
Income statement
- Gross operating margin +€19,937
up €19,937 (+17.8%), from €111,901 to €131,837
- Staff costs +€10,179
up €10,179 (+11.2%), from €90,788 to €100,967
- Depreciation +€4,750
up €4,750 (+42.5%), from €11,167 to €15,918
- Taxes +€3,086
up €3,086 (+190%), from €1,621 to €4,707
- Financial charges -€2,543
down €2,543 (-27.3%), from €9,323 to €6,780
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€1,823
Gross operating margin
+€19,937
Staff costs
-€10,179
Depreciation
-€4,750
Other operating charges
-€879
Financial income
-€1,779
Financial charges
+€2,543
Taxes
-€3,086
Result 2025
€3,630
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€38,834
Investment
-€18,698
Financing
-€10,287
Cash 2024
€26,126
From operations (derived)
+€38,834
Net result for the year
+€3,630
Depreciation
+€15,918
Stocks and contracts
+€6,158
Receivables within one year
-€5,797
Deferred charges and accrued income
+€5,766
Trade debts
+€13,045
Tax, wage and social debts
+€412
Advances received
-€217
Other debts
-€80
Investment (derived)
-€18,698
Investment in fixed assets (net)
-€6,698
Current investments
-€12,000
Financing
-€10,287
Debts after one year
-€10,709
Current portion of long-term debt
+€422
Cash 2025
€35,975
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €233,208 | €239,711 | +€6,503 | +2.8% |
| Fixed assets | 21/28 | €68,770 | €59,551 | -€9,220 | -13.4% |
| Intangible fixed assets | 21 | €2,748 | €1,091 | -€1,657 | -60.3% |
| Tangible fixed assets | 22/27 | €61,412 | €53,850 | -€7,562 | -12.3% |
| Plant, machinery and equipment | 23 | €8,362 | €10,680 | +€2,318 | +27.7% |
| Furniture and vehicles | 24 | €1,313 | €2,833 | +€1,520 | +116% |
| Leasing and similar rights | 25 | €51,736 | €40,336 | -€11,400 | -22.0% |
| Financial fixed assets | 28 | €4,610 | €4,610 | = | 0.0% |
| Current assets | 29/58 | €164,438 | €180,160 | +€15,722 | +9.6% |
| Stocks and contracts in progress | 3 | €64,581 | €58,423 | -€6,158 | -9.5% |
| Stocks | 30/36 | €64,581 | €58,423 | -€6,158 | -9.5% |
| Amounts receivable within one year | 40/41 | €39,223 | €45,020 | +€5,797 | +14.8% |
| Trade receivables | 40 | €36,502 | €34,949 | -€1,552 | -4.3% |
| Other amounts receivable | 41 | €2,721 | €10,071 | +€7,349 | +270% |
| Current investments | 50/53 | €8,387 | €20,387 | +€12,000 | +143% |
| Cash at bank and in hand | 54/58 | €26,126 | €35,975 | +€9,849 | +37.7% |
| Deferred charges and accrued income | 490/1 | €26,121 | €20,356 | -€5,766 | -22.1% |
| Total equity and liabilities | 10/49 | €233,208 | €239,711 | +€6,503 | +2.8% |
| Equity | 10/15 | €124,775 | €128,404 | +€3,630 | +2.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €106,175 | €109,804 | +€3,630 | +3.4% |
| Distributable reserves | 133 | €106,175 | €109,804 | +€3,630 | +3.4% |
| Amounts payable | 17/49 | €108,434 | €111,307 | +€2,873 | +2.6% |
| Amounts payable after more than one year | 17 | €41,723 | €31,014 | -€10,709 | -25.7% |
| Financial debts | 170/4 | €41,723 | €31,014 | -€10,709 | -25.7% |
| Amounts payable within one year | 42/48 | €66,711 | €80,292 | +€13,582 | +20.4% |
| Current portion of amounts payable after more than one year | 42 | €10,287 | €10,709 | +€422 | +4.1% |
| Financial debts | 43 | €25,000 | €25,000 | = | 0.0% |
| Credit institutions | 430/8 | €25,000 | €25,000 | = | 0.0% |
| Trade debts | 44 | €23,626 | €36,671 | +€13,045 | +55.2% |
| Suppliers | 440/4 | €23,626 | €36,671 | +€13,045 | +55.2% |
| Advances received on contracts in progress | 46 | €1,897 | €1,680 | -€217 | -11.5% |
| Taxes, remuneration and social security | 45 | €5,821 | €6,233 | +€412 | +7.1% |
| Taxes | 450/3 | €809 | €17 | -€792 | -97.9% |
| Remuneration and social security | 454/9 | €5,012 | €6,216 | +€1,204 | +24.0% |
| Other amounts payable | 47/48 | €80 | €0 | -€80 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €3,719 | €0 | -€3,719 | -100% |
| Remuneration, social security and pensions | 62 | €90,788 | €100,967 | +€10,179 | +11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,167 | €15,918 | +€4,750 | +42.5% |
| Other operating charges | 640/8 | €887 | €1,766 | +€879 | +99.1% |
| Gross operating margin | 9900 | €111,901 | €131,837 | +€19,937 | +17.8% |
| Operating profit (loss) | 9901 | €9,057 | €13,186 | +€4,129 | +45.6% |
| Financial income | 75/76B | €3,710 | €1,931 | -€1,779 | -48.0% |
| Recurring financial income | 75 | €3,513 | €1,931 | -€1,582 | -45.0% |
| Non-recurring financial income | 76B | €197 | €0 | -€197 | -100% |
| Financial charges | 65/66B | €9,323 | €6,780 | -€2,543 | -27.3% |
| Recurring financial charges | 65 | €9,323 | €6,780 | -€2,543 | -27.3% |
| Profit (loss) for the period before taxes | 9903 | €3,444 | €8,337 | +€4,893 | +142% |
| Income taxes | 67/77 | €1,621 | €4,707 | +€3,086 | +190% |
| Profit (loss) for the period | 9904 | €1,823 | €3,630 | +€1,806 | +99.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,823 | €3,630 | +€1,806 | +99.1% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.