André VAN SCHANDEVIJL: 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.
André VAN SCHANDEVIJL
Largest movements
- Tangible fixed assets -€7,444
down €7,444 (-27.4%), from €27,176 to €19,732
of which Furniture and vehicles: -€7,017
- Cash +€5,662
up €5,662 (+2.7%), from €206,200 to €211,862
mainly Net result for the year (+€20,995) and Depreciation (+€7,444)
- Receivables within one year -€4,453
down €4,453 (-54.1%), from €8,233 to €3,780
of which Trade receivables: -€2,233
- Reserves -€8,168
down €8,168 (-4.8%), from €170,074 to €161,906
- Gross operating margin -€5,600
down €5,600 (-13.0%), from €43,189 to €37,589
- Taxes -€1,594
down €1,594 (-14.9%), from €10,664 to €9,070
- Financial income -€509
down €509 (-63.6%), from €800 to €292
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €252,955 | €244,678 | -€8,277 | -3.3% |
| Fixed assets | 21/28 | €27,176 | €19,732 | -€7,444 | -27.4% |
| Tangible fixed assets | 22/27 | €27,176 | €19,732 | -€7,444 | -27.4% |
| Plant, machinery and equipment | 23 | €2,137 | €1,710 | -€427 | -20.0% |
| Furniture and vehicles | 24 | €25,039 | €18,022 | -€7,017 | -28.0% |
| Current assets | 29/58 | €225,779 | €224,947 | -€832 | -0.4% |
| Stocks and contracts in progress | 3 | €9,881 | €9,305 | -€576 | -5.8% |
| Stocks | 30/36 | €9,881 | €9,305 | -€576 | -5.8% |
| Amounts receivable within one year | 40/41 | €8,233 | €3,780 | -€4,453 | -54.1% |
| Trade receivables | 40 | €4,283 | €2,050 | -€2,233 | -52.1% |
| Other amounts receivable | 41 | €3,950 | €1,730 | -€2,220 | -56.2% |
| Cash at bank and in hand | 54/58 | €206,200 | €211,862 | +€5,662 | +2.7% |
| Deferred charges and accrued income | 490/1 | €1,465 | - | -€1,465 | |
| Total equity and liabilities | 10/49 | €252,955 | €244,678 | -€8,277 | -3.3% |
| Equity | 10/15 | €238,066 | €229,898 | -€8,168 | -3.4% |
| Contributions | 10/11 | €17,972 | €17,972 | = | 0.0% |
| Reserves | 13 | €170,074 | €161,906 | -€8,168 | -4.8% |
| Distributable reserves | 133 | €170,074 | €161,906 | -€8,168 | -4.8% |
| Profit (loss) carried forward | 14 | €50,019 | €50,019 | = | 0.0% |
| Amounts payable | 17/49 | €14,889 | €14,781 | -€109 | -0.7% |
| Amounts payable within one year | 42/48 | €14,889 | €14,781 | -€109 | -0.7% |
| Trade debts | 44 | €356 | €686 | +€330 | +92.7% |
| Suppliers | 440/4 | €356 | €686 | +€330 | +92.7% |
| Taxes, remuneration and social security | 45 | €4,547 | €4,099 | -€448 | -9.8% |
| Taxes | 450/3 | €2,547 | €2,099 | -€448 | -17.6% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €9,986 | €9,995 | +€9 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,444 | €7,444 | = | 0.0% |
| Other operating charges | 640/8 | €173 | €144 | -€29 | -16.6% |
| Gross operating margin | 9900 | €43,189 | €37,589 | -€5,600 | -13.0% |
| Operating profit (loss) | 9901 | €35,572 | €30,000 | -€5,572 | -15.7% |
| Financial income | 75/76B | €800 | €292 | -€509 | -63.6% |
| Recurring financial income | 75 | €800 | €292 | -€509 | -63.6% |
| Financial charges | 65/66B | €237 | €227 | -€10 | -4.1% |
| Recurring financial charges | 65 | €237 | €227 | -€10 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €36,135 | €30,064 | -€6,071 | -16.8% |
| Income taxes | 67/77 | €10,664 | €9,070 | -€1,594 | -14.9% |
| Profit (loss) for the period | 9904 | €25,472 | €20,995 | -€4,477 | -17.6% |
| Profit (loss) for the period to be appropriated | 9905 | €25,472 | €20,995 | -€4,477 | -17.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.