IMMO SCHOOVAERTS: 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.
IMMO SCHOOVAERTS
Largest movements
- Stocks and contracts -€86,436
down €86,436 (-4.1%), from €2.1m to €2.0m
- Receivables within one year +€40,000
up €40,000 (+56.9%), from €70,317 to €110,317
- Debts after one year -€217,585
down €217,585 (-13.2%), from €1.7m to €1.4m
- Other debts +€140,000
up €140,000 (+50.8%), from €275,523 to €415,523
- Financial charges +€14,693
up €14,693 (+99.5%), from €14,771 to €29,464
- Taxes +€1,590
up €1,590 (+18.3%), from €8,683 to €10,273
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 | €2,244,758 | €2,188,455 | -€56,303 | -2.5% |
| Current assets | 29/58 | €2,244,758 | €2,188,455 | -€56,303 | -2.5% |
| Stocks and contracts in progress | 3 | €2,126,653 | €2,040,217 | -€86,436 | -4.1% |
| Stocks | 30/36 | €2,126,653 | €2,040,217 | -€86,436 | -4.1% |
| Amounts receivable within one year | 40/41 | €70,317 | €110,317 | +€40,000 | +56.9% |
| Other amounts receivable | 41 | €70,317 | €110,317 | +€40,000 | +56.9% |
| Current investments | 50/53 | €28,000 | €28,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €19,787 | €9,920 | -€9,867 | -49.9% |
| Total equity and liabilities | 10/49 | €2,244,758 | €2,188,455 | -€56,303 | -2.5% |
| Equity | 10/15 | €314,940 | €336,959 | +€22,019 | +7.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €55,860 | €77,860 | +€22,000 | +39.4% |
| Distributable reserves | 133 | €55,860 | €77,860 | +€22,000 | +39.4% |
| Profit (loss) carried forward | 14 | €240,480 | €240,499 | +€19 | 0.0% |
| Amounts payable | 17/49 | €1,929,818 | €1,851,496 | -€78,322 | -4.1% |
| Amounts payable after more than one year | 17 | €1,653,285 | €1,435,700 | -€217,585 | -13.2% |
| Financial debts | 170/4 | €1,653,285 | €1,435,700 | -€217,585 | -13.2% |
| Amounts payable within one year | 42/48 | €276,532 | €415,796 | +€139,264 | +50.4% |
| Trade debts | 44 | €1,009 | - | -€1,009 | |
| Suppliers | 440/4 | €1,009 | - | -€1,009 | |
| Taxes, remuneration and social security | 45 | - | €273 | +€273 | |
| Taxes | 450/3 | - | €273 | +€273 | |
| Other amounts payable | 47/48 | €275,523 | €415,523 | +€140,000 | +50.8% |
| Other operating charges | 640/8 | €3,819 | €4,096 | +€277 | +7.3% |
| Gross operating margin | 9900 | €64,333 | €64,040 | -€293 | -0.5% |
| Operating profit (loss) | 9901 | €60,514 | €59,943 | -€571 | -0.9% |
| Financial income | 75/76B | €1,466 | €1,812 | +€346 | +23.6% |
| Recurring financial income | 75 | €1,466 | €1,812 | +€346 | +23.6% |
| Financial charges | 65/66B | €14,771 | €29,464 | +€14,693 | +99.5% |
| Recurring financial charges | 65 | €14,771 | €29,464 | +€14,693 | +99.5% |
| Profit (loss) for the period before taxes | 9903 | €47,209 | €32,291 | -€14,917 | -31.6% |
| Income taxes | 67/77 | €8,683 | €10,273 | +€1,590 | +18.3% |
| Profit (loss) for the period | 9904 | €38,526 | €22,019 | -€16,507 | -42.8% |
| Profit (loss) for the period to be appropriated | 9905 | €38,526 | €22,019 | -€16,507 | -42.8% |
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 24 October 2026 via checked.be.