DR SCHOONOOGHE PATRICK: 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 SCHOONOOGHE PATRICK
Largest movements
- Cash +€59,349
up €59,349 (+20.0%), from €296,708 to €356,057
mainly Other debts (+€146,960) and Net result for the year (+€92,834)
- Receivables within one year +€24,329
up €24,329 (+15.7%), from €154,871 to €179,201
of which Trade receivables: +€26,533
- Tangible fixed assets -€20,608
down €20,608 (-23.8%), from €86,692 to €66,083
of which Land and buildings: -€11,152
- Other debts +€146,960
up €146,960 (+624%), from €23,569 to €170,529
- Reserves -€77,695
down €77,695 (-17.1%), from €455,581 to €377,885
- Debts after one year -€19,320
down €19,320 (-85.7%), from €22,540 to €3,220
- Trade debts +€12,788
up €12,788 (+46.6%), from €27,451 to €40,239
- Gross operating margin -€5,316
down €5,316 (-2.9%), from €181,260 to €175,944
- Financial charges -€2,110
down €2,110 (-36.3%), from €5,815 to €3,705
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 | €550,790 | €617,167 | +€66,376 | +12.1% |
| Fixed assets | 21/28 | €86,692 | €66,083 | -€20,608 | -23.8% |
| Tangible fixed assets | 22/27 | €86,692 | €66,083 | -€20,608 | -23.8% |
| Land and buildings | 22 | €50,570 | €39,417 | -€11,152 | -22.1% |
| Plant, machinery and equipment | 23 | €8,187 | €11,589 | +€3,402 | +41.6% |
| Furniture and vehicles | 24 | €9,949 | €7,663 | -€2,286 | -23.0% |
| Other tangible fixed assets | 26 | €17,987 | €7,414 | -€10,573 | -58.8% |
| Current assets | 29/58 | €464,098 | €551,083 | +€86,985 | +18.7% |
| Amounts receivable within one year | 40/41 | €154,871 | €179,201 | +€24,329 | +15.7% |
| Trade receivables | 40 | €141,998 | €168,531 | +€26,533 | +18.7% |
| Other amounts receivable | 41 | €12,873 | €10,670 | -€2,203 | -17.1% |
| Cash at bank and in hand | 54/58 | €296,708 | €356,057 | +€59,349 | +20.0% |
| Deferred charges and accrued income | 490/1 | €12,519 | €15,825 | +€3,307 | +26.4% |
| Total equity and liabilities | 10/49 | €550,790 | €617,167 | +€66,376 | +12.1% |
| Equity | 10/15 | €455,981 | €378,285 | -€77,695 | -17.0% |
| Contributions | 10/11 | €400 | €400 | = | 0.0% |
| Reserves | 13 | €455,581 | €377,885 | -€77,695 | -17.1% |
| Distributable reserves | 133 | €455,581 | €377,885 | -€77,695 | -17.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €94,810 | €238,881 | +€144,072 | +152% |
| Amounts payable after more than one year | 17 | €22,540 | €3,220 | -€19,320 | -85.7% |
| Financial debts | 170/4 | €22,540 | €3,220 | -€19,320 | -85.7% |
| Amounts payable within one year | 42/48 | €72,270 | €230,969 | +€158,699 | +220% |
| Current portion of amounts payable after more than one year | 42 | €19,320 | €19,320 | = | 0.0% |
| Financial debts | 43 | €1,930 | €881 | -€1,049 | -54.4% |
| Credit institutions | 430/8 | €1,930 | €881 | -€1,049 | -54.4% |
| Trade debts | 44 | €27,451 | €40,239 | +€12,788 | +46.6% |
| Suppliers | 440/4 | €27,451 | €40,239 | +€12,788 | +46.6% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €23,569 | €170,529 | +€146,960 | +624% |
| Accrued charges and deferred income | 492/3 | - | €4,693 | +€4,693 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,065 | €37,004 | -€61 | -0.2% |
| Other operating charges | 640/8 | €3,883 | €3,320 | -€562 | -14.5% |
| Gross operating margin | 9900 | €181,260 | €175,944 | -€5,316 | -2.9% |
| Operating profit (loss) | 9901 | €140,313 | €135,620 | -€4,693 | -3.3% |
| Financial income | 75/76B | €1,375 | €1,699 | +€325 | +23.6% |
| Recurring financial income | 75 | €1,375 | €1,699 | +€325 | +23.6% |
| Financial charges | 65/66B | €5,815 | €3,705 | -€2,110 | -36.3% |
| Recurring financial charges | 65 | €5,815 | €3,705 | -€2,110 | -36.3% |
| Profit (loss) for the period before taxes | 9903 | €135,872 | €133,614 | -€2,258 | -1.7% |
| Income taxes | 67/77 | €41,057 | €40,780 | -€277 | -0.7% |
| Profit (loss) for the period | 9904 | €94,815 | €92,834 | -€1,981 | -2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €94,815 | €92,834 | -€1,981 | -2.1% |
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 19 October 2026 via checked.be.