A&O Schilderwerken: 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.
A&O Schilderwerken
Largest movements
- Receivables within one year +€11,130
up €11,130 (+49.9%), from €22,288 to €33,418
of which Trade receivables: +€13,250
- Tangible fixed assets +€7,332
up €7,332 (+16.8%), from €43,686 to €51,017
of which Furniture and vehicles: +€6,499
- Cash +€3,929
up €3,929 (+61.4%), from €6,396 to €10,325
mainly Net result for the year (+€14,443) and Depreciation (+€13,774)
- Stocks and contracts +€3,500
new in 2025: €3,500
- Reserves +€12,777
up €12,777 (+43.8%), from €29,146 to €41,923
- Trade debts +€7,404
up €7,404 (+207%), from €3,570 to €10,974
- Debts after one year +€5,297
up €5,297 (+22.6%), from €23,450 to €28,746
- Gross operating margin -€17,051
down €17,051 (-30.7%), from €55,535 to €38,483
- Taxes -€4,155
down €4,155 (-42.9%), from €9,694 to €5,539
- Depreciation +€2,558
up €2,558 (+22.8%), from €11,216 to €13,774
- Financial charges +€1,345
up €1,345 (+94.0%), from €1,431 to €2,776
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 | €72,592 | €98,491 | +€25,899 | +35.7% |
| Fixed assets | 21/28 | €43,686 | €51,017 | +€7,332 | +16.8% |
| Tangible fixed assets | 22/27 | €43,686 | €51,017 | +€7,332 | +16.8% |
| Plant, machinery and equipment | 23 | €2,194 | €3,026 | +€833 | +38.0% |
| Furniture and vehicles | 24 | €41,492 | €47,991 | +€6,499 | +15.7% |
| Current assets | 29/58 | €28,906 | €47,473 | +€18,567 | +64.2% |
| Stocks and contracts in progress | 3 | - | €3,500 | +€3,500 | |
| Stocks | 30/36 | - | €3,500 | +€3,500 | |
| Amounts receivable within one year | 40/41 | €22,288 | €33,418 | +€11,130 | +49.9% |
| Trade receivables | 40 | €7,623 | €20,873 | +€13,250 | +174% |
| Other amounts receivable | 41 | €14,665 | €12,544 | -€2,120 | -14.5% |
| Cash at bank and in hand | 54/58 | €6,396 | €10,325 | +€3,929 | +61.4% |
| Deferred charges and accrued income | 490/1 | €222 | €230 | +€8 | +3.5% |
| Total equity and liabilities | 10/49 | €72,592 | €98,491 | +€25,899 | +35.7% |
| Equity | 10/15 | €31,146 | €43,923 | +€12,777 | +41.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €29,146 | €41,923 | +€12,777 | +43.8% |
| Distributable reserves | 133 | €29,146 | €41,923 | +€12,777 | +43.8% |
| Amounts payable | 17/49 | €41,446 | €54,568 | +€13,122 | +31.7% |
| Amounts payable after more than one year | 17 | €23,450 | €28,746 | +€5,297 | +22.6% |
| Financial debts | 170/4 | €23,450 | €28,746 | +€5,297 | +22.6% |
| Amounts payable within one year | 42/48 | €17,997 | €25,821 | +€7,825 | +43.5% |
| Current portion of amounts payable after more than one year | 42 | €10,759 | €11,081 | +€322 | +3.0% |
| Trade debts | 44 | €3,570 | €10,974 | +€7,404 | +207% |
| Suppliers | 440/4 | €3,570 | €10,974 | +€7,404 | +207% |
| Taxes, remuneration and social security | 45 | €1,950 | €2,100 | +€150 | +7.7% |
| Taxes | 450/3 | €1,950 | €2,100 | +€150 | +7.7% |
| Other amounts payable | 47/48 | €1,718 | €1,666 | -€52 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,216 | €13,774 | +€2,558 | +22.8% |
| Other operating charges | 640/8 | €2,511 | €1,981 | -€530 | -21.1% |
| Gross operating margin | 9900 | €55,535 | €38,483 | -€17,051 | -30.7% |
| Operating profit (loss) | 9901 | €41,808 | €22,728 | -€19,079 | -45.6% |
| Financial income | 75/76B | €181 | €30 | -€151 | -83.7% |
| Recurring financial income | 75 | €181 | €30 | -€151 | -83.7% |
| Financial charges | 65/66B | €1,431 | €2,776 | +€1,345 | +94.0% |
| Recurring financial charges | 65 | €1,431 | €2,776 | +€1,345 | +94.0% |
| Profit (loss) for the period before taxes | 9903 | €40,557 | €19,982 | -€20,576 | -50.7% |
| Income taxes | 67/77 | €9,694 | €5,539 | -€4,155 | -42.9% |
| Profit (loss) for the period | 9904 | €30,864 | €14,443 | -€16,421 | -53.2% |
| Profit (loss) for the period to be appropriated | 9905 | €30,864 | €14,443 | -€16,421 | -53.2% |
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 25 October 2026 via checked.be.