De Schutter Consulting: 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 Consulting
Largest movements
- Current investments +€12,292
up €12,292 (+136.6%), from €9,000 to €21,292
- Cash -€9,191
down €9,191 (-40.5%), from €22,685 to €13,494
mainly Current investments (-€12,292) and Deferred charges and accrued income (-€5,007)
- Deferred charges and accrued income +€5,007
up €5,007 (+1018.4%), from €492 to €5,498
- Stocks and contracts -€4,100
down €4,100 (-50.3%), from €8,150 to €4,050
- Receivables within one year +€2,648
up €2,648 (+30.6%), from €8,666 to €11,314
of which Trade receivables: +€2,662
- Profit (loss) carried forward +€8,210
up €8,210 (+15.6%), from €52,647 to €60,857
- Trade debts +€1,381
new in 2025: €1,381
- Other debts -€945
down €945 (-34.1%), from €2,769 to €1,824
- Gross operating margin -€16,741
down €16,741 (-39.3%), from €42,603 to €25,862
- Taxes +€3,474
up €3,474 (+38.6%), from €9,000 to €12,474
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 | €60,464 | €69,588 | +€9,124 | +15.1% |
| Fixed assets | 21/28 | €11,472 | €13,940 | +€2,469 | +21.5% |
| Tangible fixed assets | 22/27 | €11,472 | €13,940 | +€2,469 | +21.5% |
| Land and buildings | 22 | €11,472 | €9,904 | -€1,568 | -13.7% |
| Furniture and vehicles | 24 | - | €4,036 | +€4,036 | |
| Current assets | 29/58 | €48,992 | €55,648 | +€6,656 | +13.6% |
| Stocks and contracts in progress | 3 | €8,150 | €4,050 | -€4,100 | -50.3% |
| Contracts in progress | 37 | €8,150 | €4,050 | -€4,100 | -50.3% |
| Amounts receivable within one year | 40/41 | €8,666 | €11,314 | +€2,648 | +30.6% |
| Trade receivables | 40 | €8,652 | €11,314 | +€2,662 | +30.8% |
| Other amounts receivable | 41 | €14 | - | -€14 | |
| Current investments | 50/53 | €9,000 | €21,292 | +€12,292 | +136.6% |
| Cash at bank and in hand | 54/58 | €22,685 | €13,494 | -€9,191 | -40.5% |
| Deferred charges and accrued income | 490/1 | €492 | €5,498 | +€5,007 | +1018.4% |
| Total equity and liabilities | 10/49 | €60,464 | €69,588 | +€9,124 | +15.1% |
| Equity | 10/15 | €55,647 | €63,857 | +€8,210 | +14.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,647 | €60,857 | +€8,210 | +15.6% |
| Amounts payable | 17/49 | €4,817 | €5,731 | +€914 | +19.0% |
| Amounts payable within one year | 42/48 | €4,817 | €5,731 | +€914 | +19.0% |
| Financial debts | 43 | €76 | €52 | -€24 | -31.2% |
| Credit institutions | 430/8 | €76 | €52 | -€24 | -31.2% |
| Trade debts | 44 | - | €1,381 | +€1,381 | |
| Suppliers | 440/4 | - | €1,381 | +€1,381 | |
| Taxes, remuneration and social security | 45 | €1,972 | €2,474 | +€502 | +25.4% |
| Taxes | 450/3 | €1,972 | €2,474 | +€502 | +25.4% |
| Other amounts payable | 47/48 | €2,769 | €1,824 | -€945 | -34.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,568 | €1,678 | +€111 | +7.1% |
| Other operating charges | 640/8 | €774 | €1,074 | +€300 | +38.8% |
| Gross operating margin | 9900 | €42,603 | €25,862 | -€16,741 | -39.3% |
| Operating profit (loss) | 9901 | €40,261 | €23,110 | -€17,152 | -42.6% |
| Financial income | 75/76B | €162 | €0 | -€162 | -99.9% |
| Recurring financial income | 75 | €162 | €0 | -€162 | -99.9% |
| Financial charges | 65/66B | €2,608 | €2,425 | -€183 | -7.0% |
| Recurring financial charges | 65 | €2,608 | €2,425 | -€183 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €37,815 | €20,684 | -€17,131 | -45.3% |
| Income taxes | 67/77 | €9,000 | €12,474 | +€3,474 | +38.6% |
| Profit (loss) for the period | 9904 | €28,815 | €8,210 | -€20,605 | -71.5% |
| Profit (loss) for the period to be appropriated | 9905 | €28,815 | €8,210 | -€20,605 | -71.5% |
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 12 October 2026 via checked.be.