Benoît Schleich: 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.
Benoît Schleich
Largest movements
- Receivables within one year +€16,942
new in 2025: €16,942
- Tangible fixed assets -€2,011
down €2,011 (-4.4%), from €46,162 to €44,151
of which Plant, machinery and equipment: -€4,316
- Profit (loss) carried forward +€34,709
up €34,709 (+150.7%), from €23,025 to €57,734
- Other debts -€18,144
no longer reported in 2025 (was €18,144)
- Tax, wage and social debts -€1,694
down €1,694 (-22.9%), from €7,400 to €5,706
- Gross operating margin +€22,202
up €22,202 (+78.4%), from €28,325 to €50,527
- Taxes +€2,165
up €2,165 (+71.6%), from €3,024 to €5,189
- Other operating charges +€1,539
up €1,539 (+400.4%), from €384 to €1,924
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 | €149,670 | €163,952 | +€14,282 | +9.5% |
| Fixed assets | 21/28 | €46,162 | €44,151 | -€2,011 | -4.4% |
| Tangible fixed assets | 22/27 | €46,162 | €44,151 | -€2,011 | -4.4% |
| Plant, machinery and equipment | 23 | €41,190 | €36,873 | -€4,316 | -10.5% |
| Furniture and vehicles | 24 | €4,972 | €7,278 | +€2,306 | +46.4% |
| Current assets | 29/58 | €103,508 | €119,801 | +€16,293 | +15.7% |
| Amounts receivable within one year | 40/41 | - | €16,942 | +€16,942 | |
| Other amounts receivable | 41 | - | €16,942 | +€16,942 | |
| Current investments | 50/53 | €91,400 | €91,400 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,108 | €11,459 | -€649 | -5.4% |
| Total equity and liabilities | 10/49 | €149,670 | €163,952 | +€14,282 | +9.5% |
| Equity | 10/15 | €122,485 | €157,194 | +€34,709 | +28.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Share premium | 1100/10 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €93,260 | €93,260 | = | 0.0% |
| Non-distributable reserves | 130/1 | €93,260 | €93,260 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Own shares acquired | 1312 | €91,400 | €91,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,025 | €57,734 | +€34,709 | +150.7% |
| Amounts payable | 17/49 | €27,185 | €6,758 | -€20,427 | -75.1% |
| Amounts payable within one year | 42/48 | €27,185 | €6,758 | -€20,427 | -75.1% |
| Trade debts | 44 | €1,640 | €1,052 | -€589 | -35.9% |
| Suppliers | 440/4 | €1,640 | €1,052 | -€589 | -35.9% |
| Taxes, remuneration and social security | 45 | €7,400 | €5,706 | -€1,694 | -22.9% |
| Taxes | 450/3 | €7,400 | €5,706 | -€1,694 | -22.9% |
| Other amounts payable | 47/48 | €18,144 | - | -€18,144 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,935 | €8,581 | -€355 | -4.0% |
| Other operating charges | 640/8 | €384 | €1,924 | +€1,539 | +400.4% |
| Gross operating margin | 9900 | €28,325 | €50,527 | +€22,202 | +78.4% |
| Operating profit (loss) | 9901 | €19,005 | €40,022 | +€21,017 | +110.6% |
| Financial charges | 65/66B | €125 | €125 | = | 0.0% |
| Recurring financial charges | 65 | €125 | €125 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €18,881 | €39,898 | +€21,017 | +111.3% |
| Income taxes | 67/77 | €3,024 | €5,189 | +€2,165 | +71.6% |
| Profit (loss) for the period | 9904 | €15,856 | €34,709 | +€18,852 | +118.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,856 | €34,709 | +€18,852 | +118.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.