Bob Scholte: 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.
Bob Scholte
Largest movements
- Receivables within one year +€70,936
up €70,936 (+26.5%), from €267,389 to €338,325
- Tangible fixed assets -€57,914
down €57,914 (-2.6%), from €2.3m to €2.2m
- Other debts +€34,217
up €34,217 (+222%), from €15,397 to €49,614
- Profit (loss) carried forward -€34,082
down €34,082 (-4.1%), from -€833,103 to -€867,185
- Financial income -€8,128
down €8,128 (-34.5%), from €23,532 to €15,404
- Gross operating margin -€4,539
down €4,539 (-14.3%), from €31,849 to €27,310
- Other operating charges +€882
up €882 (+5.6%), from €15,726 to €16,607
- Financial charges +€855
up €855 (+103%), from €829 to €1,684
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.
Derived cash bridge
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 | €2,803,265 | €2,815,113 | +€11,847 | +0.4% |
| Fixed assets | 21/28 | €2,251,698 | €2,193,783 | -€57,914 | -2.6% |
| Tangible fixed assets | 22/27 | €2,251,698 | €2,193,783 | -€57,914 | -2.6% |
| Land and buildings | 22 | €2,251,698 | €2,193,783 | -€57,914 | -2.6% |
| Current assets | 29/58 | €551,568 | €621,329 | +€69,762 | +12.6% |
| Amounts receivable within one year | 40/41 | €267,389 | €338,325 | +€70,936 | +26.5% |
| Other amounts receivable | 41 | €267,389 | €338,325 | +€70,936 | +26.5% |
| Cash at bank and in hand | 54/58 | €280,372 | €279,981 | -€391 | -0.1% |
| Deferred charges and accrued income | 490/1 | €3,806 | €3,023 | -€783 | -20.6% |
| Total equity and liabilities | 10/49 | €2,803,265 | €2,815,113 | +€11,847 | +0.4% |
| Equity | 10/15 | €2,785,497 | €2,751,415 | -€34,082 | -1.2% |
| Contributions | 10/11 | €3,618,600 | €3,618,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€833,103 | -€867,185 | -€34,082 | -4.1% |
| Amounts payable | 17/49 | €17,768 | €63,698 | +€45,930 | +258% |
| Amounts payable within one year | 42/48 | €17,768 | €63,698 | +€45,930 | +258% |
| Trade debts | 44 | €1,566 | €13,494 | +€11,927 | +762% |
| Suppliers | 440/4 | €1,566 | €13,494 | +€11,927 | +762% |
| Taxes, remuneration and social security | 45 | €805 | €591 | -€215 | -26.7% |
| Taxes | 450/3 | €805 | €591 | -€215 | -26.7% |
| Other amounts payable | 47/48 | €15,397 | €49,614 | +€34,217 | +222% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,914 | €57,914 | = | 0.0% |
| Other operating charges | 640/8 | €15,726 | €16,607 | +€882 | +5.6% |
| Gross operating margin | 9900 | €31,849 | €27,310 | -€4,539 | -14.3% |
| Operating profit (loss) | 9901 | -€41,791 | -€47,212 | -€5,421 | -13.0% |
| Financial income | 75/76B | €23,532 | €15,404 | -€8,128 | -34.5% |
| Recurring financial income | 75 | €23,532 | €15,404 | -€8,128 | -34.5% |
| Financial charges | 65/66B | €829 | €1,684 | +€855 | +103% |
| Recurring financial charges | 65 | €829 | €1,684 | +€855 | +103% |
| Profit (loss) for the period before taxes | 9903 | -€19,088 | -€33,492 | -€14,404 | -75.5% |
| Income taxes | 67/77 | €574 | €591 | +€17 | +3.0% |
| Profit (loss) for the period | 9904 | -€19,662 | -€34,082 | -€14,421 | -73.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,662 | -€34,082 | -€14,421 | -73.3% |
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 31 October 2026 via checked.be.