Jan Schots: 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.
What changed
Jan Schots
NACE 10.130, Manufacture of food products
financial year 31-12-2025 compared with 31-12-2024filed annual accounts (NBB)
Net result for the year
€169,474
31-12-2024 · €166,617+€2,857
Equity
€2.2m
31-12-2024 · €2.0m+€169,474
Cash
€26
31-12-2024 · €4,451-€4,426
Balance sheet total
€3.6m
31-12-2024 · €3.7m-€105,986
Largest movements
Assets
- Receivables within one year -€79,624
down €79,624 (-65.9%), from €120,766 to €41,142
of which Trade receivables: -€79,119
Equity and liabilities
- Current portion of long-term debt -€178,407
down €178,407 (-62.6%), from €284,955 to €106,548
- Profit (loss) carried forward +€169,474
up €169,474 (+5.1%), from -€3.3m to -€3.2m
- Debts after one year -€94,787
no longer reported in 2025 (was €94,787)
Income statement
- Financial charges -€15,424
down €15,424 (-41.3%), from €37,346 to €21,922
- Gross operating margin -€12,907
down €12,907 (-3.1%), from €412,844 to €399,937
From the 31-12-2024 result to the 31-12-2025 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.
Result 31-12-2024
€166,617
Gross operating margin
-€12,907
Staff costs
+€1,742
Other operating charges
-€1,006
Financial income
-€65
Financial charges
+€15,424
Taxes
-€330
Result 31-12-2025
€169,474
raises the resultlowers the result
Derived cash bridge
Derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€268,770
Investment
€0
Financing
-€273,196
Cash 31-12-2024
€4,451
From operations (derived)
+€268,770
Net result for the year
+€169,474
Depreciation
+€22,172
Receivables within one year
+€79,624
Smaller working-capital items
-€525
Trade debts
-€844
Tax, wage and social debts
-€1,131
Financing
-€273,196
Debts after one year
-€94,787
Current portion of long-term debt
-€178,407
Short-term financial debts
-€1
Cash 31-12-2025
€26
brings cash intakes cash out
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,709,796 | €3,603,810 | -€105,986 | -2.9% |
| Fixed assets | 21/28 | €3,583,706 | €3,561,534 | -€22,172 | -0.6% |
| Tangible fixed assets | 22/27 | €3,583,706 | €3,561,534 | -€22,172 | -0.6% |
| Land and buildings | 22 | €3,579,134 | €3,559,608 | -€19,526 | -0.5% |
| Plant, machinery and equipment | 23 | €4,572 | €1,926 | -€2,645 | -57.9% |
| Current assets | 29/58 | €126,090 | €42,276 | -€83,814 | -66.5% |
| Amounts receivable within one year | 40/41 | €120,766 | €41,142 | -€79,624 | -65.9% |
| Trade receivables | 40 | €120,261 | €41,142 | -€79,119 | -65.8% |
| Other amounts receivable | 41 | €505 | - | -€505 | |
| Cash at bank and in hand | 54/58 | €4,451 | €26 | -€4,426 | -99.4% |
| Deferred charges and accrued income | 490/1 | €873 | €1,109 | +€235 | +27.0% |
| Total equity and liabilities | 10/49 | €3,709,796 | €3,603,810 | -€105,986 | -2.9% |
| Equity | 10/15 | €1,980,558 | €2,150,031 | +€169,474 | +8.6% |
| Contributions | 10/11 | €2,250,000 | €2,250,000 | = | 0.0% |
| Capital | 10 | €2,250,000 | €2,250,000 | = | 0.0% |
| Issued capital | 100 | €2,250,000 | €2,250,000 | = | 0.0% |
| Revaluation surpluses | 12 | €2,601,462 | €2,601,462 | = | 0.0% |
| Reserves | 13 | €478,897 | €478,897 | = | 0.0% |
| Non-distributable reserves | 130/1 | €49,616 | €49,616 | = | 0.0% |
| Legal reserve | 130 | €49,616 | €49,616 | = | 0.0% |
| Tax-exempt reserves | 132 | €81 | €81 | = | 0.0% |
| Distributable reserves | 133 | €429,200 | €429,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,349,802 | -€3,180,328 | +€169,474 | +5.1% |
| Amounts payable | 17/49 | €1,729,238 | €1,453,779 | -€275,460 | -15.9% |
| Amounts payable after more than one year | 17 | €94,787 | - | -€94,787 | |
| Financial debts | 170/4 | €94,787 | - | -€94,787 | |
| Amounts payable within one year | 42/48 | €1,633,861 | €1,453,478 | -€180,383 | -11.0% |
| Current portion of amounts payable after more than one year | 42 | €284,955 | €106,548 | -€178,407 | -62.6% |
| Financial debts | 43 | €1 | - | -€1 | |
| Credit institutions | 430/8 | €1 | - | -€1 | |
| Trade debts | 44 | €965,413 | €964,569 | -€844 | -0.1% |
| Suppliers | 440/4 | €965,413 | €964,569 | -€844 | -0.1% |
| Taxes, remuneration and social security | 45 | €38,491 | €37,361 | -€1,131 | -2.9% |
| Taxes | 450/3 | €13,315 | €11,070 | -€2,245 | -16.9% |
| Remuneration and social security | 454/9 | €25,176 | €26,290 | +€1,114 | +4.4% |
| Other amounts payable | 47/48 | €345,000 | €345,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €590 | €301 | -€289 | -49.1% |
| Remuneration, social security and pensions | 62 | €154,243 | €152,501 | -€1,742 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,172 | €22,172 | = | 0.0% |
| Other operating charges | 640/8 | €32,544 | €33,549 | +€1,006 | +3.1% |
| Gross operating margin | 9900 | €412,844 | €399,937 | -€12,907 | -3.1% |
| Operating profit (loss) | 9901 | €203,886 | €191,715 | -€12,171 | -6.0% |
| Financial income | 75/76B | €76 | €11 | -€65 | -85.3% |
| Recurring financial income | 75 | €76 | €11 | -€65 | -85.3% |
| Financial charges | 65/66B | €37,346 | €21,922 | -€15,424 | -41.3% |
| Recurring financial charges | 65 | €37,346 | €21,922 | -€15,424 | -41.3% |
| Profit (loss) for the period before taxes | 9903 | €166,617 | €169,804 | +€3,188 | +1.9% |
| Income taxes | 67/77 | - | €330 | +€330 | |
| Profit (loss) for the period | 9904 | €166,617 | €169,474 | +€2,857 | +1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €166,617 | €169,474 | +€2,857 | +1.7% |
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 20 October 2026 via checked.be.