De Nieuwe Schoenmaker: what changed
De Nieuwe Schoenmaker
Largest movements
- Cash -€13,479
down €13,479 (-77.8%), from €17,319 to €3,840
mainly Stocks and contracts (-€12,693) and Net result for the year (-€11,280)
- Stocks and contracts +€12,693
up €12,693 (+28.7%), from €44,263 to €56,956
- Tangible fixed assets -€11,569
down €11,569 (-88.9%), from €13,009 to €1,440
of which Furniture and vehicles: -€8,360
- Receivables within one year -€4,461
down €4,461 (-17.9%), from €24,928 to €20,467
of which Other amounts receivable: -€13,653
- Deferred charges and accrued income +€1,675
new in 2025: €1,675
- Trade debts +€11,983
up €11,983 (+41.9%), from €28,616 to €40,598
- Profit (loss) carried forward -€11,280
down €11,280 (-16.7%), from -€67,631 to -€78,911
- Debts after one year -€6,027
down €6,027 (-9.4%), from €64,358 to €58,331
- Other debts -€5,896
down €5,896 (-14.0%), from €42,159 to €36,262
- Tax, wage and social debts -€3,921
down €3,921 (-29.6%), from €13,268 to €9,347
of which Taxes: -€5,094
- Staff costs +€5,627
up €5,627 (+7.9%), from €71,396 to €77,023
- Gross operating margin +€5,270
up €5,270 (+7.6%), from €69,484 to €74,754
- Other operating charges +€1,344
up €1,344 (+66.8%), from €2,014 to €3,358
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €99,519 | €84,378 | -€15,142 | -15.2% |
| Fixed assets | 21/28 | €13,009 | €1,440 | -€11,569 | -88.9% |
| Tangible fixed assets | 22/27 | €13,009 | €1,440 | -€11,569 | -88.9% |
| Land and buildings | 22 | €3,000 | - | -€3,000 | |
| Plant, machinery and equipment | 23 | €209 | - | -€209 | |
| Furniture and vehicles | 24 | €9,800 | €1,440 | -€8,360 | -85.3% |
| Current assets | 29/58 | €86,510 | €82,938 | -€3,572 | -4.1% |
| Stocks and contracts in progress | 3 | €44,263 | €56,956 | +€12,693 | +28.7% |
| Stocks | 30/36 | €44,263 | €56,956 | +€12,693 | +28.7% |
| Amounts receivable within one year | 40/41 | €24,928 | €20,467 | -€4,461 | -17.9% |
| Trade receivables | 40 | €11,122 | €20,314 | +€9,192 | +82.7% |
| Other amounts receivable | 41 | €13,806 | €152 | -€13,653 | -98.9% |
| Cash at bank and in hand | 54/58 | €17,319 | €3,840 | -€13,479 | -77.8% |
| Deferred charges and accrued income | 490/1 | - | €1,675 | +€1,675 | |
| Total equity and liabilities | 10/49 | €99,519 | €84,378 | -€15,142 | -15.2% |
| Equity | 10/15 | -€48,881 | -€60,161 | -€11,280 | -23.1% |
| Contributions | 10/11 | €3,913 | €3,913 | = | 0.0% |
| Reserves | 13 | €14,837 | €14,837 | = | 0.0% |
| Non-distributable reserves | 130/1 | €85 | €85 | = | 0.0% |
| Reserves not available under the articles | 1311 | €85 | €85 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,752 | €14,752 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€67,631 | -€78,911 | -€11,280 | -16.7% |
| Amounts payable | 17/49 | €148,400 | €144,539 | -€3,862 | -2.6% |
| Amounts payable after more than one year | 17 | €64,358 | €58,331 | -€6,027 | -9.4% |
| Financial debts | 170/4 | €64,358 | €58,331 | -€6,027 | -9.4% |
| Amounts payable within one year | 42/48 | €84,042 | €86,208 | +€2,165 | +2.6% |
| Trade debts | 44 | €28,616 | €40,598 | +€11,983 | +41.9% |
| Suppliers | 440/4 | €28,616 | €40,598 | +€11,983 | +41.9% |
| Taxes, remuneration and social security | 45 | €13,268 | €9,347 | -€3,921 | -29.6% |
| Taxes | 450/3 | €9,752 | €4,658 | -€5,094 | -52.2% |
| Remuneration and social security | 454/9 | €3,516 | €4,689 | +€1,174 | +33.4% |
| Other amounts payable | 47/48 | €42,159 | €36,262 | -€5,896 | -14.0% |
| Non-recurring operating income | 76A | - | €36,353 | +€36,353 | |
| Remuneration, social security and pensions | 62 | €71,396 | €77,023 | +€5,627 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,856 | €3,569 | -€287 | -7.4% |
| Other operating charges | 640/8 | €2,014 | €3,358 | +€1,344 | +66.8% |
| Gross operating margin | 9900 | €69,484 | €74,754 | +€5,270 | +7.6% |
| Operating profit (loss) | 9901 | -€7,782 | -€9,197 | -€1,415 | -18.2% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,400 | €1,938 | -€461 | -19.2% |
| Recurring financial charges | 65 | €2,400 | €1,938 | -€461 | -19.2% |
| Profit (loss) for the period before taxes | 9903 | -€10,182 | -€11,135 | -€954 | -9.4% |
| Income taxes | 67/77 | €0 | €145 | +€145 | +362,050% |
| Profit (loss) for the period | 9904 | -€10,182 | -€11,280 | -€1,098 | -10.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,182 | -€11,280 | -€1,098 | -10.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.