A. SCHRYVERS: what changed
Two fiscal 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. SCHRYVERS
Largest movements
- Receivables within one year -€67,910
down €67,910 (-95.9%), from €70,796 to €2,885
of which Other amounts receivable: -€56,035
- Receivables after one year -€66,000
down €66,000 (-100.0%), from €66,000 to €0
- Cash +€46,459
up €46,459 (+34.9%), from €132,970 to €179,429
mainly Receivables within one year (+€67,910) and Receivables after one year (+€66,000)
- Current investments +€29,004
up €29,004 (+7.3%), from €394,663 to €423,667
- Other debts -€117,269
down €117,269 (-63.5%), from €184,775 to €67,506
- Reserves +€63,462
up €63,462 (+14.1%), from €448,809 to €512,271
- Trade debts -€11,793
down €11,793 (-80.3%), from €14,688 to €2,894
- Tax, wage and social debts +€7,925
up €7,925 (+26.9%), from €29,426 to €37,351
of which Remuneration and social security: +€6,700
- Gross operating margin +€20,191
up €20,191 (+29.8%), from €67,739 to €87,930
- Financial income -€16,679
down €16,679 (-68.5%), from €24,363 to €7,684
of which Non-recurring financial income: -€19,593
- Taxes +€1,328
up €1,328 (+5.7%), from €23,215 to €24,543
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 | €696,298 | €638,623 | -€57,675 | -8.3% |
| Fixed assets | 21/28 | €7,755 | €9,468 | +€1,713 | +22.1% |
| Tangible fixed assets | 22/27 | €7,755 | €9,468 | +€1,713 | +22.1% |
| Land and buildings | 22 | €3,825 | €3,139 | -€686 | -17.9% |
| Plant, machinery and equipment | 23 | €1,247 | €825 | -€422 | -33.8% |
| Furniture and vehicles | 24 | €2,682 | €5,503 | +€2,821 | +105.2% |
| Current assets | 29/58 | €688,543 | €629,155 | -€59,388 | -8.6% |
| Amounts receivable after more than one year | 29 | €66,000 | €0 | -€66,000 | -100.0% |
| Other amounts receivable | 291 | €66,000 | €0 | -€66,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €70,796 | €2,885 | -€67,910 | -95.9% |
| Trade receivables | 40 | €11,875 | €0 | -€11,875 | -100.0% |
| Other amounts receivable | 41 | €58,921 | €2,885 | -€56,035 | -95.1% |
| Current investments | 50/53 | €394,663 | €423,667 | +€29,004 | +7.3% |
| Cash at bank and in hand | 54/58 | €132,970 | €179,429 | +€46,459 | +34.9% |
| Deferred charges and accrued income | 490/1 | €24,115 | €23,174 | -€941 | -3.9% |
| Total equity and liabilities | 10/49 | €696,298 | €638,623 | -€57,675 | -8.3% |
| Equity | 10/15 | €467,409 | €530,871 | +€63,462 | +13.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €448,809 | €512,271 | +€63,462 | +14.1% |
| Distributable reserves | 133 | €448,809 | €512,271 | +€63,462 | +14.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €228,889 | €107,751 | -€121,137 | -52.9% |
| Amounts payable within one year | 42/48 | €228,889 | €107,751 | -€121,137 | -52.9% |
| Trade debts | 44 | €14,688 | €2,894 | -€11,793 | -80.3% |
| Suppliers | 440/4 | €14,688 | €2,894 | -€11,793 | -80.3% |
| Taxes, remuneration and social security | 45 | €29,426 | €37,351 | +€7,925 | +26.9% |
| Taxes | 450/3 | €26,426 | €27,651 | +€1,225 | +4.6% |
| Remuneration and social security | 454/9 | €3,000 | €9,700 | +€6,700 | +223.3% |
| Other amounts payable | 47/48 | €184,775 | €67,506 | -€117,269 | -63.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,255 | €2,785 | +€530 | +23.5% |
| Other operating charges | 640/8 | €1,558 | €1,035 | -€523 | -33.6% |
| Gross operating margin | 9900 | €67,739 | €87,930 | +€20,191 | +29.8% |
| Operating profit (loss) | 9901 | €63,926 | €84,111 | +€20,184 | +31.6% |
| Financial income | 75/76B | €24,363 | €7,684 | -€16,679 | -68.5% |
| Recurring financial income | 75 | €4,770 | €7,684 | +€2,914 | +61.1% |
| Non-recurring financial income | 76B | €19,593 | €0 | -€19,593 | -100.0% |
| Financial charges | 65/66B | €3,298 | €3,789 | +€491 | +14.9% |
| Recurring financial charges | 65 | €3,298 | €3,789 | +€491 | +14.9% |
| Profit (loss) for the period before taxes | 9903 | €84,991 | €88,005 | +€3,014 | +3.5% |
| Income taxes | 67/77 | €23,215 | €24,543 | +€1,328 | +5.7% |
| Profit (loss) for the period | 9904 | €61,776 | €63,462 | +€1,686 | +2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €61,776 | €63,462 | +€1,686 | +2.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.