ANALYSE SCHOTTE: 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.
ANALYSE SCHOTTE
Largest movements
- Cash +€12,174
up €12,174 (+18.7%), from €65,193 to €77,368
mainly Net result for the year (+€75,536) and Current investments (+€5,000)
- Current investments -€5,000
down €5,000 (-16.7%), from €30,000 to €25,000
- Tangible fixed assets -€2,443
down €2,443 (-23.9%), from €10,228 to €7,785
of which Furniture and vehicles: -€2,321
- Receivables within one year -€2,158
down €2,158 (-14.0%), from €15,452 to €13,294
of which Other amounts receivable: -€2,158
- Other debts +€2,106
up €2,106 (+2.9%), from €73,431 to €75,537
- Gross operating margin +€3,868
up €3,868 (+4.1%), from €95,259 to €99,128
- Depreciation +€2,068
up €2,068 (+139.8%), from €1,479 to €3,547
- Other operating charges -€1,207
down €1,207 (-51.6%), from €2,338 to €1,131
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 | €127,307 | €129,486 | +€2,179 | +1.7% |
| Fixed assets | 21/28 | €10,228 | €7,785 | -€2,443 | -23.9% |
| Tangible fixed assets | 22/27 | €10,228 | €7,785 | -€2,443 | -23.9% |
| Plant, machinery and equipment | 23 | €392 | €270 | -€122 | -31.1% |
| Furniture and vehicles | 24 | €9,836 | €7,515 | -€2,321 | -23.6% |
| Current assets | 29/58 | €117,079 | €121,700 | +€4,622 | +3.9% |
| Amounts receivable within one year | 40/41 | €15,452 | €13,294 | -€2,158 | -14.0% |
| Trade receivables | 40 | €12,600 | €12,600 | = | 0.0% |
| Other amounts receivable | 41 | €2,852 | €694 | -€2,158 | -75.7% |
| Current investments | 50/53 | €30,000 | €25,000 | -€5,000 | -16.7% |
| Cash at bank and in hand | 54/58 | €65,193 | €77,368 | +€12,174 | +18.7% |
| Deferred charges and accrued income | 490/1 | €6,434 | €6,039 | -€395 | -6.1% |
| Total equity and liabilities | 10/49 | €127,307 | €129,486 | +€2,179 | +1.7% |
| Equity | 10/15 | €51,899 | €51,899 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €48,899 | €48,899 | = | 0.0% |
| Distributable reserves | 133 | €48,899 | €48,899 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €75,408 | €77,586 | +€2,179 | +2.9% |
| Amounts payable within one year | 42/48 | €75,241 | €77,415 | +€2,175 | +2.9% |
| Trade debts | 44 | €197 | €43 | -€154 | -78.1% |
| Suppliers | 440/4 | €197 | €43 | -€154 | -78.1% |
| Taxes, remuneration and social security | 45 | €1,613 | €1,836 | +€223 | +13.8% |
| Taxes | 450/3 | €840 | €898 | +€59 | +7.0% |
| Remuneration and social security | 454/9 | €773 | €937 | +€164 | +21.2% |
| Other amounts payable | 47/48 | €73,431 | €75,537 | +€2,106 | +2.9% |
| Accrued charges and deferred income | 492/3 | €167 | €171 | +€4 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,479 | €3,547 | +€2,068 | +139.8% |
| Other operating charges | 640/8 | €2,338 | €1,131 | -€1,207 | -51.6% |
| Gross operating margin | 9900 | €95,259 | €99,128 | +€3,868 | +4.1% |
| Operating profit (loss) | 9901 | €91,441 | €94,450 | +€3,008 | +3.3% |
| Financial income | 75/76B | €1,636 | €732 | -€903 | -55.2% |
| Recurring financial income | 75 | €1,636 | €732 | -€903 | -55.2% |
| Financial charges | 65/66B | €246 | €45 | -€201 | -81.7% |
| Recurring financial charges | 65 | €246 | €45 | -€201 | -81.7% |
| Profit (loss) for the period before taxes | 9903 | €92,831 | €95,137 | +€2,306 | +2.5% |
| Income taxes | 67/77 | €19,400 | €19,601 | +€200 | +1.0% |
| Profit (loss) for the period | 9904 | €73,431 | €75,536 | +€2,106 | +2.9% |
| Profit (loss) for the period to be appropriated | 9905 | €73,431 | €75,536 | +€2,106 | +2.9% |
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 11 October 2026 via checked.be.