Barteld Schutyser: 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.
Barteld Schutyser
Largest movements
- Cash -€805,494
down €805,494 (-75.5%), from €1.1m to €262,074
mainly Receivables after one year (-€774,429) and Receivables within one year (-€448,376)
- Receivables after one year +€774,429
up €774,429 (+52.9%), from €1.5m to €2.2m
- Receivables within one year +€448,376
up €448,376 (+284%), from €157,902 to €606,278
of which Trade receivables: +€411,127
- Current investments +€116,020
up €116,020 (+75.4%), from €153,952 to €269,972
- Reserves +€573,994
up €573,994 (+22.0%), from €2.6m to €3.2m
- Gross operating margin +€298,648
up €298,648 (+44.8%), from €666,707 to €965,355
- Financial income +€34,305
up €34,305 (+83.8%), from €40,934 to €75,239
- Taxes +€17,118
up €17,118 (+7.6%), from €225,217 to €242,335
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,915,871 | €3,450,693 | +€534,822 | +18.3% |
| Fixed assets | 21/28 | €73,270 | €74,761 | +€1,491 | +2.0% |
| Tangible fixed assets | 22/27 | €73,270 | €74,761 | +€1,491 | +2.0% |
| Plant, machinery and equipment | 23 | €8,546 | €14,330 | +€5,784 | +67.7% |
| Furniture and vehicles | 24 | €64,724 | €60,431 | -€4,293 | -6.6% |
| Current assets | 29/58 | €2,842,601 | €3,375,932 | +€533,331 | +18.8% |
| Amounts receivable after more than one year | 29 | €1,463,179 | €2,237,608 | +€774,429 | +52.9% |
| Other amounts receivable | 291 | €1,463,179 | €2,237,608 | +€774,429 | +52.9% |
| Amounts receivable within one year | 40/41 | €157,902 | €606,278 | +€448,376 | +284% |
| Trade receivables | 40 | €147,665 | €558,792 | +€411,127 | +278% |
| Other amounts receivable | 41 | €10,237 | €47,486 | +€37,249 | +364% |
| Current investments | 50/53 | €153,952 | €269,972 | +€116,020 | +75.4% |
| Cash at bank and in hand | 54/58 | €1,067,568 | €262,074 | -€805,494 | -75.5% |
| Total equity and liabilities | 10/49 | €2,915,871 | €3,450,693 | +€534,822 | +18.3% |
| Equity | 10/15 | €2,659,467 | €3,233,461 | +€573,994 | +21.6% |
| Contributions | 10/11 | €16,740 | €16,740 | = | 0.0% |
| Reserves | 13 | €2,610,275 | €3,184,269 | +€573,994 | +22.0% |
| Distributable reserves | 133 | €2,610,275 | €3,184,269 | +€573,994 | +22.0% |
| Profit (loss) carried forward | 14 | €32,452 | €32,452 | = | 0.0% |
| Provisions and deferred taxes | 16 | €13,955 | €15,718 | +€1,763 | +12.6% |
| Provisions for liabilities and charges | 160/5 | €13,955 | €15,718 | +€1,763 | +12.6% |
| Major repairs and maintenance | 162 | €13,955 | €15,718 | +€1,763 | +12.6% |
| Amounts payable | 17/49 | €242,449 | €201,514 | -€40,935 | -16.9% |
| Amounts payable within one year | 42/48 | €228,199 | €199,264 | -€28,935 | -12.7% |
| Financial debts | 43 | €46,667 | €56,666 | +€9,999 | +21.4% |
| Credit institutions | 430/8 | €46,667 | €56,666 | +€9,999 | +21.4% |
| Trade debts | 44 | €2,322 | €3,388 | +€1,066 | +45.9% |
| Suppliers | 440/4 | €2,322 | €3,388 | +€1,066 | +45.9% |
| Taxes, remuneration and social security | 45 | €149,478 | €130,024 | -€19,454 | -13.0% |
| Taxes | 450/3 | €149,478 | €130,024 | -€19,454 | -13.0% |
| Other amounts payable | 47/48 | €29,732 | €9,186 | -€20,546 | -69.1% |
| Accrued charges and deferred income | 492/3 | €14,250 | €2,250 | -€12,000 | -84.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,799 | €27,304 | +€3,505 | +14.7% |
| Other operating charges | 640/8 | €2,613 | €1,864 | -€749 | -28.7% |
| Gross operating margin | 9900 | €666,707 | €965,355 | +€298,648 | +44.8% |
| Operating profit (loss) | 9901 | €640,295 | €936,187 | +€295,892 | +46.2% |
| Financial income | 75/76B | €40,934 | €75,239 | +€34,305 | +83.8% |
| Recurring financial income | 75 | €40,934 | €75,239 | +€34,305 | +83.8% |
| Financial charges | 65/66B | €3,950 | €3,821 | -€129 | -3.3% |
| Recurring financial charges | 65 | €3,950 | €3,821 | -€129 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | €677,279 | €1,007,605 | +€330,326 | +48.8% |
| Income taxes | 67/77 | €225,217 | €242,335 | +€17,118 | +7.6% |
| Profit (loss) for the period | 9904 | €452,062 | €765,270 | +€313,208 | +69.3% |
| Profit (loss) for the period to be appropriated | 9905 | €452,062 | €765,270 | +€313,208 | +69.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.