E.SCHAUSS: what changed
Two fiscal 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.
E.SCHAUSS
Largest movements
- Financial fixed assets +€68,571
up €68,571 (+57.8%), from €118,650 to €187,221
- Cash -€33,846
down €33,846 (-88.4%), from €38,305 to €4,459
mainly Contributions, distributions and other (-€235,124) and Investment in fixed assets (net) (-€68,571)
- Current investments +€12,068
up €12,068 (+6.0%), from €200,543 to €212,611
- Tangible fixed assets -€8,878
down €8,878 (-99.5%), from €8,926 to €48
of which Furniture and vehicles: -€4,739
- Receivables within one year +€5,143
up €5,143 (+79.2%), from €6,494 to €11,637
of which Trade receivables: +€3,837
- Other debts +€150,427
new in 2025: €150,427
- Reserves -€137,987
down €137,987 (-63.9%), from €216,046 to €78,059
- Current portion of long-term debt +€24,881
up €24,881 (+166.5%), from €14,940 to €39,821
- Debts after one year +€15,768
up €15,768 (+13.5%), from €116,714 to €132,482
of which Financial debts: +€10,178
- Tax, wage and social debts -€9,740
down €9,740 (-43.1%), from €22,601 to €12,861
- Gross operating margin +€25,622
up €25,622 (+34.7%), from €73,850 to €99,472
- Financial income +€8,631
up €8,631 (+32.8%), from €26,302 to €34,933
- Taxes +€5,551
up €5,551 (+30.2%), from €18,404 to €23,955
- Depreciation +€1,626
up €1,626 (+22.4%), from €7,252 to €8,878
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.
Cash bridge derived
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 | €376,491 | €420,019 | +€43,528 | +11.6% |
| Fixed assets | 21/28 | €127,576 | €187,269 | +€59,693 | +46.8% |
| Tangible fixed assets | 22/27 | €8,926 | €48 | -€8,878 | -99.5% |
| Furniture and vehicles | 24 | €4,787 | €48 | -€4,739 | -99.0% |
| Other tangible fixed assets | 26 | €4,139 | €0 | -€4,139 | -100.0% |
| Financial fixed assets | 28 | €118,650 | €187,221 | +€68,571 | +57.8% |
| Current assets | 29/58 | €248,915 | €232,750 | -€16,165 | -6.5% |
| Amounts receivable within one year | 40/41 | €6,494 | €11,637 | +€5,143 | +79.2% |
| Trade receivables | 40 | €6,416 | €10,253 | +€3,837 | +59.8% |
| Other amounts receivable | 41 | €78 | €1,384 | +€1,306 | +1674.7% |
| Current investments | 50/53 | €200,543 | €212,611 | +€12,068 | +6.0% |
| Cash at bank and in hand | 54/58 | €38,305 | €4,459 | -€33,846 | -88.4% |
| Deferred charges and accrued income | 490/1 | €3,573 | €4,042 | +€469 | +13.1% |
| Total equity and liabilities | 10/49 | €376,491 | €420,019 | +€43,528 | +11.6% |
| Equity | 10/15 | €221,046 | €83,059 | -€137,987 | -62.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €216,046 | €78,059 | -€137,987 | -63.9% |
| Distributable reserves | 133 | €216,046 | €78,059 | -€137,987 | -63.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €155,445 | €336,961 | +€181,516 | +116.8% |
| Amounts payable after more than one year | 17 | €116,714 | €132,482 | +€15,768 | +13.5% |
| Financial debts | 170/4 | €73,360 | €83,538 | +€10,178 | +13.9% |
| Other amounts payable | 178/9 | €43,354 | €48,944 | +€5,590 | +12.9% |
| Amounts payable within one year | 42/48 | €37,541 | €203,162 | +€165,621 | +441.2% |
| Current portion of amounts payable after more than one year | 42 | €14,940 | €39,821 | +€24,881 | +166.5% |
| Trade debts | 44 | - | €54 | +€54 | |
| Suppliers | 440/4 | - | €54 | +€54 | |
| Taxes, remuneration and social security | 45 | €22,601 | €12,861 | -€9,740 | -43.1% |
| Taxes | 450/3 | €22,601 | €12,861 | -€9,740 | -43.1% |
| Other amounts payable | 47/48 | - | €150,427 | +€150,427 | |
| Accrued charges and deferred income | 492/3 | €1,190 | €1,317 | +€127 | +10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,252 | €8,878 | +€1,626 | +22.4% |
| Other operating charges | 640/8 | €275 | €675 | +€400 | +145.4% |
| Gross operating margin | 9900 | €73,850 | €99,472 | +€25,622 | +34.7% |
| Operating profit (loss) | 9901 | €66,323 | €89,919 | +€23,596 | +35.6% |
| Financial income | 75/76B | €26,302 | €34,933 | +€8,631 | +32.8% |
| Recurring financial income | 75 | €26,302 | €34,933 | +€8,631 | +32.8% |
| Financial charges | 65/66B | €3,471 | €3,761 | +€290 | +8.3% |
| Recurring financial charges | 65 | €3,471 | €3,761 | +€290 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | €89,154 | €121,092 | +€31,938 | +35.8% |
| Income taxes | 67/77 | €18,404 | €23,955 | +€5,551 | +30.2% |
| Profit (loss) for the period | 9904 | €70,750 | €97,137 | +€26,387 | +37.3% |
| Profit (loss) for the period to be appropriated | 9905 | €70,750 | €97,137 | +€26,387 | +37.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.