De Schrijn: what changed
De Schrijn
Largest movements
- Tangible fixed assets +€66,018
up €66,018 (+33.9%), from €194,756 to €260,773
of which Other tangible fixed assets: +€73,481
- Cash -€22,865
down €22,865 (-99.3%), from €23,027 to €162
mainly Investment in fixed assets (net) (-€129,496) and Accrued charges and deferred income (-€17,566)
- Receivables within one year -€6,339
down €6,339 (-39.2%), from €16,157 to €9,818
of which Other amounts receivable: -€13,869
- Financial fixed assets +€5,776
new in 2025: €5,776
- Debts after one year +€31,822
up €31,822 (+24.3%), from €130,988 to €162,810
- Accrued charges and deferred income -€17,566
down €17,566 (-73.8%), from €23,790 to €6,223
- Profit (loss) carried forward +€11,678
up €11,678 (+67.4%), from €17,314 to €28,992
- Trade debts -€11,451
down €11,451 (-58.0%), from €19,729 to €8,279
- Current portion of long-term debt +€9,962
up €9,962 (+24.3%), from €40,944 to €50,906
- Gross operating margin +€50,679
up €50,679 (+33.5%), from €151,405 to €202,084
- Depreciation +€29,718
up €29,718 (+106%), from €27,984 to €57,702
- Staff costs +€22,108
up €22,108 (+22.0%), from €100,519 to €122,627
- Financial charges +€4,611
up €4,611 (+147%), from €3,134 to €7,745
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 | €262,280 | €299,816 | +€37,535 | +14.3% |
| Fixed assets | 21/28 | €194,756 | €266,550 | +€71,794 | +36.9% |
| Tangible fixed assets | 22/27 | €194,756 | €260,773 | +€66,018 | +33.9% |
| Land and buildings | 22 | €15,043 | €12,200 | -€2,843 | -18.9% |
| Plant, machinery and equipment | 23 | €99,666 | €117,046 | +€17,380 | +17.4% |
| Furniture and vehicles | 24 | €38,068 | €30,075 | -€7,993 | -21.0% |
| Leasing and similar rights | 25 | €41,077 | €27,070 | -€14,007 | -34.1% |
| Other tangible fixed assets | 26 | €902 | €74,383 | +€73,481 | +8,146% |
| Financial fixed assets | 28 | - | €5,776 | +€5,776 | |
| Current assets | 29/58 | €67,525 | €33,266 | -€34,259 | -50.7% |
| Stocks and contracts in progress | 3 | €25,980 | €23,192 | -€2,788 | -10.7% |
| Stocks | 30/36 | €25,980 | €23,192 | -€2,788 | -10.7% |
| Amounts receivable within one year | 40/41 | €16,157 | €9,818 | -€6,339 | -39.2% |
| Trade receivables | 40 | - | €7,531 | +€7,531 | |
| Other amounts receivable | 41 | €16,157 | €2,287 | -€13,869 | -85.8% |
| Cash at bank and in hand | 54/58 | €23,027 | €162 | -€22,865 | -99.3% |
| Deferred charges and accrued income | 490/1 | €2,361 | €94 | -€2,267 | -96.0% |
| Total equity and liabilities | 10/49 | €262,280 | €299,816 | +€37,535 | +14.3% |
| Equity | 10/15 | €20,314 | €31,992 | +€11,678 | +57.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,314 | €28,992 | +€11,678 | +67.4% |
| Amounts payable | 17/49 | €241,966 | €267,824 | +€25,857 | +10.7% |
| Amounts payable after more than one year | 17 | €130,988 | €162,810 | +€31,822 | +24.3% |
| Financial debts | 170/4 | €130,988 | €162,810 | +€31,822 | +24.3% |
| Amounts payable within one year | 42/48 | €87,189 | €98,791 | +€11,602 | +13.3% |
| Current portion of amounts payable after more than one year | 42 | €40,944 | €50,906 | +€9,962 | +24.3% |
| Financial debts | 43 | - | €1,373 | +€1,373 | |
| Credit institutions | 430/8 | - | €1,373 | +€1,373 | |
| Trade debts | 44 | €19,729 | €8,279 | -€11,451 | -58.0% |
| Suppliers | 440/4 | €19,729 | €8,279 | -€11,451 | -58.0% |
| Taxes, remuneration and social security | 45 | €9,072 | €17,682 | +€8,610 | +94.9% |
| Taxes | 450/3 | - | €4,300 | +€4,300 | |
| Remuneration and social security | 454/9 | €9,072 | €13,382 | +€4,310 | +47.5% |
| Other amounts payable | 47/48 | €17,443 | €20,551 | +€3,108 | +17.8% |
| Accrued charges and deferred income | 492/3 | €23,790 | €6,223 | -€17,566 | -73.8% |
| Non-recurring operating income | 76A | €7,877 | - | -€7,877 | |
| Remuneration, social security and pensions | 62 | €100,519 | €122,627 | +€22,108 | +22.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,984 | €57,702 | +€29,718 | +106% |
| Other operating charges | 640/8 | €1,269 | €1,472 | +€203 | +16.0% |
| Gross operating margin | 9900 | €151,405 | €202,084 | +€50,679 | +33.5% |
| Operating profit (loss) | 9901 | €21,633 | €20,284 | -€1,349 | -6.2% |
| Financial income | 75/76B | €857 | €1,039 | +€182 | +21.2% |
| Recurring financial income | 75 | €857 | €1,039 | +€182 | +21.2% |
| Financial charges | 65/66B | €3,134 | €7,745 | +€4,611 | +147% |
| Recurring financial charges | 65 | €3,134 | €7,745 | +€4,611 | +147% |
| Profit (loss) for the period before taxes | 9903 | €19,356 | €13,578 | -€5,778 | -29.9% |
| Income taxes | 67/77 | €2,042 | €1,900 | -€142 | -7.0% |
| Profit (loss) for the period | 9904 | €17,314 | €11,678 | -€5,636 | -32.6% |
| Profit (loss) for the period to be appropriated | 9905 | €17,314 | €11,678 | -€5,636 | -32.6% |
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 4 November 2026 via checked.be.