KEVIN SCHAUT: what changed
KEVIN SCHAUT
Largest movements
- Cash +€8,327
up €8,327 (+23.1%), from €36,025 to €44,351
mainly Net result for the year (+€10,719) and Depreciation (+€4,737)
- Tangible fixed assets -€3,060
down €3,060 (-35.1%), from €8,713 to €5,653
of which Furniture and vehicles: -€3,855
- Receivables within one year +€1,499
up €1,499 (+1,735%), from €86 to €1,585
of which Other amounts receivable: +€847
- Profit (loss) carried forward +€10,719
up €10,719, from €0 to €10,719
- Other debts -€3,608
down €3,608 (-94.9%), from €3,802 to €195
- Trade debts -€1,848
no longer reported in 2025 (was €1,848)
- Accrued charges and deferred income +€1,736
new in 2025: €1,736
- Depreciation -€2,433
down €2,433 (-33.9%), from €7,169 to €4,737
- Gross operating margin +€1,666
up €1,666 (+9.2%), from €18,111 to €19,777
- Financial income -€956
down €956 (-99.3%), from €963 to €7
- Taxes +€909
up €909 (+44.6%), from €2,041 to €2,951
- Other operating charges -€497
down €497 (-49.5%), from €1,003 to €506
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €46,558 | €53,293 | +€6,735 | +14.5% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €8,713 | €5,653 | -€3,060 | -35.1% |
| Tangible fixed assets | 22/27 | €8,713 | €5,653 | -€3,060 | -35.1% |
| Plant, machinery and equipment | 23 | €976 | €1,770 | +€795 | +81.4% |
| Furniture and vehicles | 24 | €7,737 | €3,882 | -€3,855 | -49.8% |
| Current assets | 29/58 | €37,845 | €47,640 | +€9,795 | +25.9% |
| Amounts receivable within one year | 40/41 | €86 | €1,585 | +€1,499 | +1,735% |
| Trade receivables | 40 | - | €652 | +€652 | |
| Other amounts receivable | 41 | €86 | €933 | +€847 | +980% |
| Cash at bank and in hand | 54/58 | €36,025 | €44,351 | +€8,327 | +23.1% |
| Deferred charges and accrued income | 490/1 | €1,734 | €1,704 | -€30 | -1.7% |
| Total equity and liabilities | 10/49 | €46,558 | €53,293 | +€6,735 | +14.5% |
| Equity | 10/15 | €37,693 | €48,412 | +€10,719 | +28.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €34,693 | €34,693 | = | 0.0% |
| Distributable reserves | 133 | €34,693 | €34,693 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €10,719 | +€10,719 | |
| Amounts payable | 17/49 | €8,866 | €4,882 | -€3,984 | -44.9% |
| Amounts payable within one year | 42/48 | €8,866 | €3,145 | -€5,720 | -64.5% |
| Trade debts | 44 | €1,848 | - | -€1,848 | |
| Suppliers | 440/4 | €1,848 | - | -€1,848 | |
| Taxes, remuneration and social security | 45 | €3,215 | €2,951 | -€264 | -8.2% |
| Taxes | 450/3 | €3,215 | €2,951 | -€264 | -8.2% |
| Other amounts payable | 47/48 | €3,802 | €195 | -€3,608 | -94.9% |
| Accrued charges and deferred income | 492/3 | - | €1,736 | +€1,736 | |
| Remuneration, social security and pensions | 62 | €642 | €436 | -€206 | -32.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,169 | €4,737 | -€2,433 | -33.9% |
| Other operating charges | 640/8 | €1,003 | €506 | -€497 | -49.5% |
| Gross operating margin | 9900 | €18,111 | €19,777 | +€1,666 | +9.2% |
| Operating profit (loss) | 9901 | €9,296 | €14,098 | +€4,802 | +51.7% |
| Financial income | 75/76B | €963 | €7 | -€956 | -99.3% |
| Recurring financial income | 75 | €963 | €7 | -€956 | -99.3% |
| Financial charges | 65/66B | €600 | €436 | -€164 | -27.4% |
| Recurring financial charges | 65 | €600 | €436 | -€164 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | €9,660 | €13,670 | +€4,010 | +41.5% |
| Income taxes | 67/77 | €2,041 | €2,951 | +€909 | +44.6% |
| Profit (loss) for the period | 9904 | €7,618 | €10,719 | +€3,101 | +40.7% |
| Profit (loss) for the period to be appropriated | 9905 | €7,618 | €10,719 | +€3,101 | +40.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.