Dr. Ann Schoofs: 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.
Dr. Ann Schoofs
Largest movements
- Cash +€72,532
up €72,532 (+16.6%), from €437,297 to €509,829
mainly Net result for the year (+€108,686) and Receivables within one year (+€24,106)
- Receivables within one year -€24,106
down €24,106 (-83.4%), from €28,920 to €4,814
- Tangible fixed assets -€12,645
down €12,645 (-12.9%), from €97,998 to €85,353
of which Other tangible fixed assets: -€9,510
- Reserves +€41,345
up €41,345 (+7.1%), from €581,621 to €622,966
of which Distributable reserves: +€41,345
- Financial income +€1,719
up €1,719 (+32.3%), from €5,315 to €7,034
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 | €639,228 | €676,857 | +€37,629 | +5.9% |
| Fixed assets | 21/28 | €97,998 | €85,353 | -€12,645 | -12.9% |
| Tangible fixed assets | 22/27 | €97,998 | €85,353 | -€12,645 | -12.9% |
| Land and buildings | 22 | €30,800 | €30,275 | -€525 | -1.7% |
| Plant, machinery and equipment | 23 | €5,848 | €4,033 | -€1,815 | -31.0% |
| Furniture and vehicles | 24 | €3,480 | €2,686 | -€795 | -22.8% |
| Other tangible fixed assets | 26 | €57,870 | €48,359 | -€9,510 | -16.4% |
| Current assets | 29/58 | €541,230 | €591,504 | +€50,274 | +9.3% |
| Amounts receivable within one year | 40/41 | €28,920 | €4,814 | -€24,106 | -83.4% |
| Trade receivables | 40 | €28,920 | €4,814 | -€24,106 | -83.4% |
| Current investments | 50/53 | €70,000 | €70,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €437,297 | €509,829 | +€72,532 | +16.6% |
| Deferred charges and accrued income | 490/1 | €5,013 | €6,861 | +€1,848 | +36.9% |
| Total equity and liabilities | 10/49 | €639,228 | €676,857 | +€37,629 | +5.9% |
| Equity | 10/15 | €600,221 | €641,566 | +€41,345 | +6.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €581,621 | €622,966 | +€41,345 | +7.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €579,761 | €621,106 | +€41,345 | +7.1% |
| Amounts payable | 17/49 | €39,007 | €35,291 | -€3,716 | -9.5% |
| Amounts payable within one year | 42/48 | €39,007 | €35,291 | -€3,716 | -9.5% |
| Trade debts | 44 | €8,423 | €9,150 | +€728 | +8.6% |
| Suppliers | 440/4 | €8,423 | €9,150 | +€728 | +8.6% |
| Taxes, remuneration and social security | 45 | €13,729 | €14,701 | +€972 | +7.1% |
| Taxes | 450/3 | €13,729 | €14,701 | +€972 | +7.1% |
| Other amounts payable | 47/48 | €16,855 | €11,440 | -€5,416 | -32.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,717 | €11,395 | +€678 | +6.3% |
| Other operating charges | 640/8 | €1,732 | €1,790 | +€58 | +3.3% |
| Gross operating margin | 9900 | €161,275 | €161,608 | +€333 | +0.2% |
| Operating profit (loss) | 9901 | €148,825 | €148,423 | -€403 | -0.3% |
| Financial income | 75/76B | €5,315 | €7,034 | +€1,719 | +32.3% |
| Recurring financial income | 75 | €5,315 | €7,034 | +€1,719 | +32.3% |
| Financial charges | 65/66B | €1,406 | €1,064 | -€342 | -24.3% |
| Recurring financial charges | 65 | €1,406 | €1,064 | -€342 | -24.3% |
| Profit (loss) for the period before taxes | 9903 | €152,734 | €154,393 | +€1,658 | +1.1% |
| Income taxes | 67/77 | €44,818 | €45,706 | +€888 | +2.0% |
| Profit (loss) for the period | 9904 | €107,916 | €108,686 | +€770 | +0.7% |
| Profit (loss) for the period to be appropriated | 9905 | €107,916 | €108,686 | +€770 | +0.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.