DR. SCHOEBRECHTS: 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. SCHOEBRECHTS
Largest movements
- Current investments -€120,000
no longer reported in 2025 (was €120,000)
- Cash +€109,312
up €109,312 (+34.4%), from €317,546 to €426,858
mainly Net result for the year (+€129,253) and Current investments (+€120,000)
- Receivables within one year -€57,435
down €57,435 (-50.2%), from €114,519 to €57,084
- Deferred charges and accrued income -€30,686
down €30,686 (-29.2%), from €105,099 to €74,414
- Other debts -€103,386
no longer reported in 2025 (was €103,386)
- Gross operating margin -€24,786
down €24,786 (-11.9%), from €208,904 to €184,118
- Depreciation -€10,476
down €10,476 (-48.4%), from €21,642 to €11,166
- Financial income +€9,778
up €9,778 (+132%), from €7,416 to €17,194
- Taxes -€3,451
down €3,451 (-5.8%), from €59,305 to €55,854
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 | €677,406 | €573,916 | -€103,489 | -15.3% |
| Fixed assets | 21/28 | €20,241 | €15,561 | -€4,680 | -23.1% |
| Tangible fixed assets | 22/27 | €20,241 | €15,561 | -€4,680 | -23.1% |
| Land and buildings | 22 | €8,057 | €10,970 | +€2,913 | +36.2% |
| Plant, machinery and equipment | 23 | €3,039 | €3,106 | +€67 | +2.2% |
| Furniture and vehicles | 24 | €9,145 | €1,484 | -€7,661 | -83.8% |
| Current assets | 29/58 | €657,165 | €558,356 | -€98,809 | -15.0% |
| Amounts receivable within one year | 40/41 | €114,519 | €57,084 | -€57,435 | -50.2% |
| Other amounts receivable | 41 | €114,519 | €57,084 | -€57,435 | -50.2% |
| Current investments | 50/53 | €120,000 | - | -€120,000 | |
| Cash at bank and in hand | 54/58 | €317,546 | €426,858 | +€109,312 | +34.4% |
| Deferred charges and accrued income | 490/1 | €105,099 | €74,414 | -€30,686 | -29.2% |
| Total equity and liabilities | 10/49 | €677,406 | €573,916 | -€103,489 | -15.3% |
| Equity | 10/15 | €556,976 | €560,378 | +€3,401 | +0.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €538,376 | €541,778 | +€3,401 | +0.6% |
| Distributable reserves | 133 | €538,376 | €541,778 | +€3,401 | +0.6% |
| Amounts payable | 17/49 | €120,429 | €13,539 | -€106,891 | -88.8% |
| Amounts payable within one year | 42/48 | €120,141 | €13,539 | -€106,603 | -88.7% |
| Trade debts | 44 | €2,470 | €3,862 | +€1,393 | +56.4% |
| Suppliers | 440/4 | €2,470 | €3,862 | +€1,393 | +56.4% |
| Taxes, remuneration and social security | 45 | €14,286 | €9,676 | -€4,610 | -32.3% |
| Taxes | 450/3 | €14,286 | €9,676 | -€4,610 | -32.3% |
| Other amounts payable | 47/48 | €103,386 | - | -€103,386 | |
| Accrued charges and deferred income | 492/3 | €288 | - | -€288 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,642 | €11,166 | -€10,476 | -48.4% |
| Other operating charges | 640/8 | €962 | €1,202 | +€241 | +25.0% |
| Non-recurring operating charges | 66A | - | €3,241 | +€3,241 | |
| Gross operating margin | 9900 | €208,904 | €184,118 | -€24,786 | -11.9% |
| Operating profit (loss) | 9901 | €186,300 | €168,509 | -€17,791 | -9.5% |
| Financial income | 75/76B | €7,416 | €17,194 | +€9,778 | +132% |
| Recurring financial income | 75 | €7,416 | €17,194 | +€9,778 | +132% |
| Financial charges | 65/66B | €1,538 | €596 | -€942 | -61.2% |
| Recurring financial charges | 65 | €1,538 | €596 | -€942 | -61.2% |
| Profit (loss) for the period before taxes | 9903 | €192,178 | €185,106 | -€7,071 | -3.7% |
| Income taxes | 67/77 | €59,305 | €55,854 | -€3,451 | -5.8% |
| Profit (loss) for the period | 9904 | €132,873 | €129,253 | -€3,620 | -2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €132,873 | €129,253 | -€3,620 | -2.7% |
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 25 October 2026 via checked.be.