DE SCHUTTER BORINGEN: 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 SCHUTTER BORINGEN
Largest movements
- Current investments +€54,732
up €54,732 (+15.8%), from €346,767 to €401,499
- Cash -€33,079
down €33,079 (-65.3%), from €50,667 to €17,588
mainly Current investments (-€54,732)
- Reserves +€16,345
up €16,345 (+4.5%), from €362,984 to €379,329
- Other debts +€4,971
up €4,971 (+12.9%), from €38,449 to €43,420
- Gross operating margin -€21,135
down €21,135 (-52.2%), from €40,526 to €19,391
- Taxes -€5,633
down €5,633 (-41.4%), from €13,615 to €7,982
- Other operating charges -€3,813
down €3,813 (-71.2%), from €5,353 to €1,540
- Financial income +€2,331
up €2,331 (+42.1%), from €5,543 to €7,874
- Staff costs -€703
no longer reported in 2025 (was €703)
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 | €409,501 | €430,879 | +€21,378 | +5.2% |
| Fixed assets | 21/28 | €2,633 | €2,322 | -€312 | -11.8% |
| Tangible fixed assets | 22/27 | €2,633 | €2,322 | -€312 | -11.8% |
| Land and buildings | 22 | €2,633 | €2,322 | -€312 | -11.8% |
| Current assets | 29/58 | €406,868 | €428,557 | +€21,690 | +5.3% |
| Amounts receivable within one year | 40/41 | €8,033 | €7,968 | -€66 | -0.8% |
| Trade receivables | 40 | €869 | €3,272 | +€2,403 | +277% |
| Other amounts receivable | 41 | €7,164 | €4,696 | -€2,469 | -34.5% |
| Current investments | 50/53 | €346,767 | €401,499 | +€54,732 | +15.8% |
| Cash at bank and in hand | 54/58 | €50,667 | €17,588 | -€33,079 | -65.3% |
| Deferred charges and accrued income | 490/1 | €1,400 | €1,502 | +€102 | +7.3% |
| Total equity and liabilities | 10/49 | €409,501 | €430,879 | +€21,378 | +5.2% |
| Equity | 10/15 | €369,184 | €385,529 | +€16,345 | +4.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €362,984 | €379,329 | +€16,345 | +4.5% |
| Distributable reserves | 133 | €362,984 | €379,329 | +€16,345 | +4.5% |
| Amounts payable | 17/49 | €40,316 | €45,349 | +€5,033 | +12.5% |
| Amounts payable within one year | 42/48 | €40,316 | €45,349 | +€5,033 | +12.5% |
| Trade debts | 44 | €1,868 | €1,930 | +€62 | +3.3% |
| Suppliers | 440/4 | €1,868 | €1,930 | +€62 | +3.3% |
| Other amounts payable | 47/48 | €38,449 | €43,420 | +€4,971 | +12.9% |
| Remuneration, social security and pensions | 62 | €703 | - | -€703 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €312 | €312 | = | 0.0% |
| Other operating charges | 640/8 | €5,353 | €1,540 | -€3,813 | -71.2% |
| Gross operating margin | 9900 | €40,526 | €19,391 | -€21,135 | -52.2% |
| Operating profit (loss) | 9901 | €34,159 | €17,539 | -€16,620 | -48.7% |
| Financial income | 75/76B | €5,543 | €7,874 | +€2,331 | +42.1% |
| Recurring financial income | 75 | €5,543 | €7,874 | +€2,331 | +42.1% |
| Financial charges | 65/66B | €502 | €1,086 | +€584 | +116% |
| Recurring financial charges | 65 | €502 | €1,086 | +€584 | +116% |
| Profit (loss) for the period before taxes | 9903 | €39,200 | €24,327 | -€14,873 | -37.9% |
| Income taxes | 67/77 | €13,615 | €7,982 | -€5,633 | -41.4% |
| Profit (loss) for the period | 9904 | €25,585 | €16,345 | -€9,240 | -36.1% |
| Profit (loss) for the period to be appropriated | 9905 | €25,585 | €16,345 | -€9,240 | -36.1% |
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 29 October 2026 via checked.be.