DE SCHRIJVER: 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.
DE SCHRIJVER
Largest movements
- Tangible fixed assets -€129,661
down €129,661 (-32.6%), from €398,140 to €268,478
of which Furniture and vehicles: -€129,105
- Cash +€36,047
up €36,047 (+19.5%), from €185,063 to €221,110
mainly Depreciation (+€142,461) and Other debts (+€105,356)
- Receivables within one year -€22,882
down €22,882 (-7.8%), from €293,935 to €271,052
of which Other amounts receivable: -€68,516
- Reserves -€146,750
down €146,750 (-40.6%), from €361,139 to €214,389
of which Distributable reserves: -€146,750
- Other debts +€105,356
up €105,356 (+1,398%), from €7,537 to €112,894
- Debts after one year -€91,311
down €91,311 (-34.8%), from €262,601 to €171,290
- Trade debts +€31,891
up €31,891 (+29.0%), from €110,153 to €142,044
- Current portion of long-term debt -€16,188
down €16,188 (-15.1%), from €107,499 to €91,311
- Depreciation +€16,679
up €16,679 (+13.3%), from €125,782 to €142,461
- Other operating charges +€10,803
up €10,803 (+29.4%), from €36,695 to €47,498
- Staff costs -€6,698
down €6,698 (-2.8%), from €240,352 to €233,654
- Taxes -€5,034
down €5,034 (-95.1%), from €5,296 to €262
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 | €895,630 | €774,968 | -€120,661 | -13.5% |
| Fixed assets | 21/28 | €401,319 | €271,657 | -€129,661 | -32.3% |
| Tangible fixed assets | 22/27 | €398,140 | €268,478 | -€129,661 | -32.6% |
| Plant, machinery and equipment | 23 | €1,740 | €1,184 | -€556 | -32.0% |
| Furniture and vehicles | 24 | €396,399 | €267,294 | -€129,105 | -32.6% |
| Financial fixed assets | 28 | €3,179 | €3,179 | = | 0.0% |
| Current assets | 29/58 | €494,311 | €503,311 | +€9,000 | +1.8% |
| Stocks and contracts in progress | 3 | €8,503 | €4,362 | -€4,141 | -48.7% |
| Stocks | 30/36 | €8,503 | €4,362 | -€4,141 | -48.7% |
| Amounts receivable within one year | 40/41 | €293,935 | €271,052 | -€22,882 | -7.8% |
| Trade receivables | 40 | €225,418 | €271,052 | +€45,634 | +20.2% |
| Other amounts receivable | 41 | €68,516 | €0 | -€68,516 | -100% |
| Cash at bank and in hand | 54/58 | €185,063 | €221,110 | +€36,047 | +19.5% |
| Deferred charges and accrued income | 490/1 | €6,810 | €6,786 | -€24 | -0.4% |
| Total equity and liabilities | 10/49 | €895,630 | €774,968 | -€120,661 | -13.5% |
| Equity | 10/15 | €381,639 | €229,318 | -€152,321 | -39.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €361,139 | €214,389 | -€146,750 | -40.6% |
| Tax-exempt reserves | 132 | €108,500 | €108,500 | = | 0.0% |
| Distributable reserves | 133 | €252,639 | €105,889 | -€146,750 | -58.1% |
| Profit (loss) carried forward | 14 | €1,908 | -€3,664 | -€5,571 | |
| Amounts payable | 17/49 | €513,991 | €545,650 | +€31,660 | +6.2% |
| Amounts payable after more than one year | 17 | €262,601 | €171,290 | -€91,311 | -34.8% |
| Financial debts | 170/4 | €262,601 | €171,290 | -€91,311 | -34.8% |
| Amounts payable within one year | 42/48 | €251,390 | €374,360 | +€122,970 | +48.9% |
| Current portion of amounts payable after more than one year | 42 | €107,499 | €91,311 | -€16,188 | -15.1% |
| Financial debts | 43 | €5,072 | €0 | -€5,072 | -100% |
| Credit institutions | 430/8 | €5,072 | €0 | -€5,072 | -100% |
| Trade debts | 44 | €110,153 | €142,044 | +€31,891 | +29.0% |
| Suppliers | 440/4 | €110,153 | €142,044 | +€31,891 | +29.0% |
| Taxes, remuneration and social security | 45 | €21,128 | €28,112 | +€6,984 | +33.1% |
| Taxes | 450/3 | €1,033 | €2,810 | +€1,777 | +172% |
| Remuneration and social security | 454/9 | €20,095 | €25,302 | +€5,207 | +25.9% |
| Other amounts payable | 47/48 | €7,537 | €112,894 | +€105,356 | +1,398% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €26,000 | €0 | -€26,000 | -100% |
| Remuneration, social security and pensions | 62 | €240,352 | €233,654 | -€6,698 | -2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €125,782 | €142,461 | +€16,679 | +13.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €36,695 | €47,498 | +€10,803 | +29.4% |
| Gross operating margin | 9900 | €424,584 | €426,782 | +€2,198 | +0.5% |
| Operating profit (loss) | 9901 | €21,755 | €3,169 | -€18,586 | -85.4% |
| Financial income | 75/76B | €2,965 | €3,306 | +€341 | +11.5% |
| Recurring financial income | 75 | €2,965 | €3,306 | +€341 | +11.5% |
| Financial charges | 65/66B | €9,859 | €11,784 | +€1,926 | +19.5% |
| Recurring financial charges | 65 | €9,859 | €11,784 | +€1,926 | +19.5% |
| Profit (loss) for the period before taxes | 9903 | €14,861 | -€5,309 | -€20,171 | |
| Income taxes | 67/77 | €5,296 | €262 | -€5,034 | -95.1% |
| Profit (loss) for the period | 9904 | €9,565 | -€5,571 | -€15,137 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,565 | -€5,571 | -€15,137 |
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 25 October 2026 via checked.be.