DE SCHUUR: 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.
What changed
DE SCHUUR
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€6,895
2023 · €4,106+€2,789
Equity
€703,626
2023 · €696,731+€6,895
Cash
€32,281
2023 · €31,415+€866
Balance sheet total
€953,372
2023 · €982,793-€29,421
Largest movements
Assets
- Tangible fixed assets -€21,518
down €21,518 (-3.9%), from €553,509 to €531,991
Equity and liabilities
- Debts after one year -€22,584
down €22,584 (-9.8%), from €229,523 to €206,939
- Provisions -€10,184
down €10,184 (-57.7%), from €17,648 to €7,464
Income statement
- Gross operating margin +€2,407
up €2,407 (+8.0%), from €29,968 to €32,375
- Financial charges -€2,204
down €2,204 (-21.9%), from €10,060 to €7,856
- Taxes +€1,423
up €1,423 (+15.7%), from €9,061 to €10,484
From the 2023 result to the 2024 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.
Result 2023
€4,106
Gross operating margin
+€2,407
Other operating charges
-€149
Financial income
-€250
Financial charges
+€2,204
Taxes
-€1,423
Result 2024
€6,895
raises the resultlowers the result
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€17,328
Investment
+€5,596
Financing
-€22,058
Cash 2023
€31,415
From operations (derived)
+€17,328
Net result for the year
+€6,895
Depreciation
+€21,518
Receivables within one year
+€3,173
Provisions
-€10,184
Trade debts
-€2,441
Accrued charges and deferred income
-€1,633
Investment (derived)
+€5,596
Current investments
+€5,596
Financing
-€22,058
Debts after one year
-€22,584
Current portion of long-term debt
+€526
Cash 2024
€32,281
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €982,793 | €953,372 | -€29,421 | -3.0% |
| Fixed assets | 21/28 | €553,509 | €531,991 | -€21,518 | -3.9% |
| Tangible fixed assets | 22/27 | €553,509 | €531,991 | -€21,518 | -3.9% |
| Land and buildings | 22 | €553,509 | €531,991 | -€21,518 | -3.9% |
| Current assets | 29/58 | €429,284 | €421,381 | -€7,903 | -1.8% |
| Amounts receivable after more than one year | 29 | €67,777 | €67,777 | = | 0.0% |
| Other amounts receivable | 291 | €67,777 | €67,777 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €31,347 | €28,174 | -€3,173 | -10.1% |
| Trade receivables | 40 | - | €562 | +€562 | |
| Other amounts receivable | 41 | €31,347 | €27,612 | -€3,735 | -11.9% |
| Current investments | 50/53 | €298,745 | €293,149 | -€5,596 | -1.9% |
| Cash at bank and in hand | 54/58 | €31,415 | €32,281 | +€866 | +2.8% |
| Total equity and liabilities | 10/49 | €982,793 | €953,372 | -€29,421 | -3.0% |
| Equity | 10/15 | €696,731 | €703,626 | +€6,895 | +1.0% |
| Contributions | 10/11 | €473,477 | €473,477 | = | 0.0% |
| Capital | 10 | €473,477 | €473,477 | = | 0.0% |
| Issued capital | 100 | €473,477 | €473,477 | = | 0.0% |
| Reserves | 13 | €223,254 | €230,149 | +€6,895 | +3.1% |
| Non-distributable reserves | 130/1 | €24,989 | €26,089 | +€1,100 | +4.4% |
| Legal reserve | 130 | €24,989 | €26,089 | +€1,100 | +4.4% |
| Tax-exempt reserves | 132 | €38,154 | €21,944 | -€16,210 | -42.5% |
| Distributable reserves | 133 | €160,111 | €182,116 | +€22,005 | +13.7% |
| Provisions and deferred taxes | 16 | €17,648 | €7,464 | -€10,184 | -57.7% |
| Deferred taxes | 168 | €17,648 | €7,464 | -€10,184 | -57.7% |
| Amounts payable | 17/49 | €268,414 | €242,282 | -€26,132 | -9.7% |
| Amounts payable after more than one year | 17 | €229,523 | €206,939 | -€22,584 | -9.8% |
| Financial debts | 170/4 | €229,523 | €206,939 | -€22,584 | -9.8% |
| Amounts payable within one year | 42/48 | €37,258 | €35,343 | -€1,915 | -5.1% |
| Current portion of amounts payable after more than one year | 42 | €21,793 | €22,319 | +€526 | +2.4% |
| Trade debts | 44 | €12,605 | €10,164 | -€2,441 | -19.4% |
| Suppliers | 440/4 | €12,605 | €10,164 | -€2,441 | -19.4% |
| Advances received on contracts in progress | 46 | €1,300 | €1,300 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €1,560 | €1,560 | = | 0.0% |
| Taxes | 450/3 | €1,560 | €1,560 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,633 | - | -€1,633 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,518 | €21,518 | = | 0.0% |
| Other operating charges | 640/8 | €5,991 | €6,140 | +€149 | +2.5% |
| Gross operating margin | 9900 | €29,968 | €32,375 | +€2,407 | +8.0% |
| Operating profit (loss) | 9901 | €2,459 | €4,717 | +€2,258 | +91.8% |
| Financial income | 75/76B | €10,583 | €10,333 | -€250 | -2.4% |
| Recurring financial income | 75 | €10,583 | €10,333 | -€250 | -2.4% |
| Financial charges | 65/66B | €10,060 | €7,856 | -€2,204 | -21.9% |
| Recurring financial charges | 65 | €10,060 | €7,856 | -€2,204 | -21.9% |
| Profit (loss) for the period before taxes | 9903 | €2,982 | €7,194 | +€4,212 | +141% |
| Transfer from deferred taxes | 780 | €10,185 | €10,185 | = | 0.0% |
| Income taxes | 67/77 | €9,061 | €10,484 | +€1,423 | +15.7% |
| Profit (loss) for the period | 9904 | €4,106 | €6,895 | +€2,789 | +67.9% |
| Transfer from tax-exempt reserves | 789 | €16,210 | €16,210 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,316 | €23,105 | +€2,789 | +13.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.