De Schans: 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.
De Schans
Largest movements
- Cash +€137,819
up €137,819 (+499.9%), from €27,567 to €165,386
mainly Debts after one year (+€94,329) and Depreciation (+€53,901)
- Tangible fixed assets -€35,555
down €35,555 (-2.9%), from €1.2m to €1.2m
of which Land and buildings: -€45,970
- Debts after one year +€94,329
up €94,329 (+14.1%), from €668,910 to €763,239
of which Other amounts payable: +€146,960
- Gross operating margin -€5,917
down €5,917 (-7.2%), from €82,109 to €76,192
- Purchases and services +€2,614
up €2,614 (+4.9%), from €53,817 to €56,431
- Financial charges -€1,158
down €1,158 (-16.6%), from €6,969 to €5,811
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 | €1,247,977 | €1,350,530 | +€102,553 | +8.2% |
| Fixed assets | 21/28 | €1,217,795 | €1,182,239 | -€35,555 | -2.9% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €1,217,795 | €1,182,239 | -€35,555 | -2.9% |
| Land and buildings | 22 | €1,160,572 | €1,114,602 | -€45,970 | -4.0% |
| Plant, machinery and equipment | 23 | €375 | €300 | -€75 | -20.0% |
| Furniture and vehicles | 24 | €44,088 | €36,779 | -€7,309 | -16.6% |
| Assets under construction and advance payments | 27 | €12,760 | €30,559 | +€17,799 | +139.5% |
| Current assets | 29/58 | €30,182 | €168,291 | +€138,109 | +457.6% |
| Amounts receivable within one year | 40/41 | €948 | €1,423 | +€475 | +50.1% |
| Other amounts receivable | 41 | €948 | €1,423 | +€475 | +50.1% |
| Cash at bank and in hand | 54/58 | €27,567 | €165,386 | +€137,819 | +499.9% |
| Deferred charges and accrued income | 490/1 | €1,667 | €1,483 | -€184 | -11.1% |
| Total equity and liabilities | 10/49 | €1,247,977 | €1,350,530 | +€102,553 | +8.2% |
| Equity | 10/15 | €517,969 | €529,278 | +€11,309 | +2.2% |
| Contributions | 10/11 | €364,405 | €364,405 | = | 0.0% |
| Capital | 10 | €364,405 | €364,405 | = | 0.0% |
| Profit (loss) carried forward | 14 | €137,359 | €149,845 | +€12,486 | +9.1% |
| Investment grants | 15 | €16,204 | €15,027 | -€1,177 | -7.3% |
| Amounts payable | 17/49 | €730,008 | €821,252 | +€91,244 | +12.5% |
| Amounts payable after more than one year | 17 | €668,910 | €763,239 | +€94,329 | +14.1% |
| Financial debts | 170/4 | €296,910 | €244,279 | -€52,631 | -17.7% |
| Other amounts payable | 178/9 | €372,000 | €518,960 | +€146,960 | +39.5% |
| Amounts payable within one year | 42/48 | €59,748 | €57,909 | -€1,839 | -3.1% |
| Current portion of amounts payable after more than one year | 42 | €54,484 | €55,671 | +€1,187 | +2.2% |
| Trade debts | 44 | €3,834 | €2,239 | -€1,596 | -41.6% |
| Suppliers | 440/4 | €3,834 | €2,239 | -€1,596 | -41.6% |
| Accrued charges and deferred income | 492/3 | €1,350 | €104 | -€1,246 | -92.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €53,817 | €56,431 | +€2,614 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,847 | €53,901 | +€55 | +0.1% |
| Other operating charges | 640/8 | €2,282 | €2,389 | +€107 | +4.7% |
| Gross operating margin | 9900 | €82,109 | €76,192 | -€5,917 | -7.2% |
| Operating profit (loss) | 9901 | €25,980 | €19,901 | -€6,079 | -23.4% |
| Financial charges | 65/66B | €6,969 | €5,811 | -€1,158 | -16.6% |
| Recurring financial charges | 65 | €6,969 | €5,811 | -€1,158 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €19,011 | €14,090 | -€4,921 | -25.9% |
| Income taxes | 67/77 | €1,555 | €1,604 | +€49 | +3.2% |
| Profit (loss) for the period | 9904 | €17,456 | €12,486 | -€4,970 | -28.5% |
| Profit (loss) for the period to be appropriated | 9905 | €17,456 | €12,486 | -€4,970 | -28.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.