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.
DE SCHUUR
Largest movements
- Tangible fixed assets -€76,966
down €76,966 (-5.6%), from €1.4m to €1.3m
of which Land and buildings: -€74,865
- Cash +€18,916
up €18,916 (+23.4%), from €80,824 to €99,740
mainly Net result for the year (+€102,903) and Depreciation (+€76,966)
- Reserves +€102,903
up €102,903 (+11.7%), from €877,250 to €980,153
of which Distributable reserves: +€102,903
- Debts after one year -€67,372
down €67,372 (-63.6%), from €105,851 to €38,478
- Other debts -€60,000
down €60,000 (-99.7%), from €60,175 to €175
- Current portion of long-term debt -€34,670
down €34,670 (-34.0%), from €102,042 to €67,372
- Gross operating margin -€10,080
down €10,080 (-3.9%), from €255,860 to €245,780
- Financial charges -€4,387
down €4,387 (-38.3%), from €11,468 to €7,081
- Depreciation -€2,695
down €2,695 (-3.4%), from €79,661 to €76,966
- Taxes -€2,584
down €2,584 (-7.1%), from €36,509 to €33,925
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 | €1,455,829 | €1,397,627 | -€58,202 | -4.0% |
| Fixed assets | 21/28 | €1,374,853 | €1,297,888 | -€76,966 | -5.6% |
| Tangible fixed assets | 22/27 | €1,374,853 | €1,297,888 | -€76,966 | -5.6% |
| Land and buildings | 22 | €1,167,939 | €1,093,074 | -€74,865 | -6.4% |
| Furniture and vehicles | 24 | €4,914 | €2,814 | -€2,100 | -42.7% |
| Other tangible fixed assets | 26 | €202,000 | €202,000 | = | 0.0% |
| Current assets | 29/58 | €80,976 | €99,740 | +€18,764 | +23.2% |
| Amounts receivable within one year | 40/41 | €152 | - | -€152 | |
| Trade receivables | 40 | €152 | - | -€152 | |
| Other amounts receivable | 41 | €0 | - | -€0 | |
| Cash at bank and in hand | 54/58 | €80,824 | €99,740 | +€18,916 | +23.4% |
| Total equity and liabilities | 10/49 | €1,455,829 | €1,397,627 | -€58,202 | -4.0% |
| Equity | 10/15 | €1,175,450 | €1,278,353 | +€102,903 | +8.8% |
| Contributions | 10/11 | €298,200 | €298,200 | = | 0.0% |
| Capital | 10 | €298,200 | €298,200 | = | 0.0% |
| Issued capital | 100 | €298,200 | €298,200 | = | 0.0% |
| Reserves | 13 | €877,250 | €980,153 | +€102,903 | +11.7% |
| Non-distributable reserves | 130/1 | €29,820 | €29,820 | = | 0.0% |
| Legal reserve | 130 | €29,820 | €29,820 | = | 0.0% |
| Distributable reserves | 133 | €847,430 | €950,333 | +€102,903 | +12.1% |
| Amounts payable | 17/49 | €280,380 | €119,274 | -€161,105 | -57.5% |
| Amounts payable after more than one year | 17 | €105,851 | €38,478 | -€67,372 | -63.6% |
| Financial debts | 170/4 | €105,851 | €38,478 | -€67,372 | -63.6% |
| Amounts payable within one year | 42/48 | €174,529 | €80,796 | -€93,733 | -53.7% |
| Current portion of amounts payable after more than one year | 42 | €102,042 | €67,372 | -€34,670 | -34.0% |
| Trade debts | 44 | €1,976 | €4,453 | +€2,478 | +125% |
| Suppliers | 440/4 | €1,976 | €4,453 | +€2,478 | +125% |
| Taxes, remuneration and social security | 45 | €10,337 | €8,796 | -€1,541 | -14.9% |
| Taxes | 450/3 | €7,688 | €6,130 | -€1,558 | -20.3% |
| Remuneration and social security | 454/9 | €2,648 | €2,665 | +€17 | +0.6% |
| Other amounts payable | 47/48 | €60,175 | €175 | -€60,000 | -99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,661 | €76,966 | -€2,695 | -3.4% |
| Other operating charges | 640/8 | €24,202 | €24,953 | +€751 | +3.1% |
| Gross operating margin | 9900 | €255,860 | €245,780 | -€10,080 | -3.9% |
| Operating profit (loss) | 9901 | €151,997 | €143,861 | -€8,136 | -5.4% |
| Financial income | 75/76B | - | €48 | +€48 | |
| Recurring financial income | 75 | - | €48 | +€48 | |
| Financial charges | 65/66B | €11,468 | €7,081 | -€4,387 | -38.3% |
| Recurring financial charges | 65 | €11,468 | €7,081 | -€4,387 | -38.3% |
| Profit (loss) for the period before taxes | 9903 | €140,529 | €136,829 | -€3,701 | -2.6% |
| Income taxes | 67/77 | €36,509 | €33,925 | -€2,584 | -7.1% |
| Profit (loss) for the period | 9904 | €104,020 | €102,903 | -€1,117 | -1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €104,020 | €102,903 | -€1,117 | -1.1% |
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 15 October 2026 via checked.be.