DR DE SCHUITENEER: 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 DE SCHUITENEER
Largest movements
- Tangible fixed assets +€39,144
up €39,144 (+1.4%), from €2.7m to €2.8m
of which Other tangible fixed assets: +€74,968
- Reserves +€170,000
up €170,000 (+54.1%), from €314,000 to €484,000
- Debts after one year -€112,220
down €112,220 (-5.9%), from €1.9m to €1.8m
- Other debts -€96,685
down €96,685 (-64.1%), from €150,773 to €54,087
- Tax, wage and social debts +€63,756
up €63,756 (+109%), from €58,732 to €122,487
of which Taxes: +€66,850
- Current portion of long-term debt +€29,654
up €29,654 (+27.6%), from €107,586 to €137,239
- Taxes +€45,458
up €45,458 (+173%), from €26,289 to €71,746
- Gross operating margin +€29,982
up €29,982 (+7.8%), from €384,474 to €414,456
- Other operating charges +€6,497
up €6,497 (+258%), from €2,518 to €9,014
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 | €2,725,587 | €2,781,097 | +€55,510 | +2.0% |
| Fixed assets | 21/28 | €2,721,184 | €2,759,973 | +€38,789 | +1.4% |
| Tangible fixed assets | 22/27 | €2,715,779 | €2,754,923 | +€39,144 | +1.4% |
| Land and buildings | 22 | €2,127,877 | €2,054,324 | -€73,553 | -3.5% |
| Plant, machinery and equipment | 23 | €19,739 | €23,994 | +€4,255 | +21.6% |
| Furniture and vehicles | 24 | €35,446 | €68,920 | +€33,473 | +94.4% |
| Other tangible fixed assets | 26 | €532,718 | €607,686 | +€74,968 | +14.1% |
| Financial fixed assets | 28 | €5,405 | €5,050 | -€355 | -6.6% |
| Current assets | 29/58 | €4,402 | €21,124 | +€16,721 | +380% |
| Cash at bank and in hand | 54/58 | €1,941 | €18,636 | +€16,695 | +860% |
| Deferred charges and accrued income | 490/1 | €2,462 | €2,488 | +€26 | +1.1% |
| Total equity and liabilities | 10/49 | €2,725,587 | €2,781,097 | +€55,510 | +2.0% |
| Equity | 10/15 | €498,301 | €668,956 | +€170,655 | +34.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €314,000 | €484,000 | +€170,000 | +54.1% |
| Distributable reserves | 133 | €314,000 | €484,000 | +€170,000 | +54.1% |
| Profit (loss) carried forward | 14 | €171,901 | €172,556 | +€655 | +0.4% |
| Amounts payable | 17/49 | €2,227,286 | €2,112,140 | -€115,145 | -5.2% |
| Amounts payable after more than one year | 17 | €1,910,181 | €1,797,960 | -€112,220 | -5.9% |
| Financial debts | 170/4 | €1,910,181 | €1,797,960 | -€112,220 | -5.9% |
| Amounts payable within one year | 42/48 | €317,105 | €314,180 | -€2,925 | -0.9% |
| Current portion of amounts payable after more than one year | 42 | €107,586 | €137,239 | +€29,654 | +27.6% |
| Trade debts | 44 | €15 | €366 | +€351 | +2,314% |
| Suppliers | 440/4 | €15 | €366 | +€351 | +2,314% |
| Taxes, remuneration and social security | 45 | €58,732 | €122,487 | +€63,756 | +109% |
| Taxes | 450/3 | €55,638 | €122,487 | +€66,850 | +120% |
| Remuneration and social security | 454/9 | €3,094 | - | -€3,094 | |
| Other amounts payable | 47/48 | €150,773 | €54,087 | -€96,685 | -64.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €128,703 | €131,910 | +€3,207 | +2.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€3,167 | - | +€3,167 | |
| Other operating charges | 640/8 | €2,518 | €9,014 | +€6,497 | +258% |
| Gross operating margin | 9900 | €384,474 | €414,456 | +€29,982 | +7.8% |
| Operating profit (loss) | 9901 | €256,420 | €273,532 | +€17,111 | +6.7% |
| Financial income | 75/76B | €78 | €55 | -€23 | -29.5% |
| Recurring financial income | 75 | €78 | €55 | -€23 | -29.5% |
| Financial charges | 65/66B | €33,258 | €31,185 | -€2,073 | -6.2% |
| Recurring financial charges | 65 | €33,258 | €31,185 | -€2,073 | -6.2% |
| Profit (loss) for the period before taxes | 9903 | €223,240 | €242,402 | +€19,161 | +8.6% |
| Income taxes | 67/77 | €26,289 | €71,746 | +€45,458 | +173% |
| Profit (loss) for the period | 9904 | €196,952 | €170,655 | -€26,296 | -13.4% |
| Profit (loss) for the period to be appropriated | 9905 | €196,952 | €170,655 | -€26,296 | -13.4% |
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 25 October 2026 via checked.be.