Lore Schildermans: 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.
Lore Schildermans
Largest movements
- Deferred charges and accrued income +€6,524
up €6,524 (+18.7%), from €34,962 to €41,485
- Receivables within one year +€2,875
new in 2025: €2,875
of which Other amounts receivable: +€2,400
- Cash -€1,419
down €1,419 (-4.7%), from €30,237 to €28,818
mainly Deferred charges and accrued income (-€6,524) and Tax, wage and social debts (-€5,668)
- Reserves +€13,836
up €13,836 (+25.7%), from €53,871 to €67,707
- Tax, wage and social debts -€5,668
down €5,668 (-100.0%), from €5,668 to €0
- Gross operating margin -€14,479
down €14,479 (-42.2%), from €34,314 to €19,835
- Taxes -€2,069
down €2,069 (-36.5%), from €5,668 to €3,600
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 | €65,199 | €73,179 | +€7,980 | +12.2% |
| Current assets | 29/58 | €65,199 | €73,179 | +€7,980 | +12.2% |
| Amounts receivable within one year | 40/41 | - | €2,875 | +€2,875 | |
| Trade receivables | 40 | - | €475 | +€475 | |
| Other amounts receivable | 41 | - | €2,400 | +€2,400 | |
| Cash at bank and in hand | 54/58 | €30,237 | €28,818 | -€1,419 | -4.7% |
| Deferred charges and accrued income | 490/1 | €34,962 | €41,485 | +€6,524 | +18.7% |
| Total equity and liabilities | 10/49 | €65,199 | €73,179 | +€7,980 | +12.2% |
| Equity | 10/15 | €57,371 | €71,207 | +€13,836 | +24.1% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €53,871 | €67,707 | +€13,836 | +25.7% |
| Distributable reserves | 133 | €53,871 | €67,707 | +€13,836 | +25.7% |
| Amounts payable | 17/49 | €7,828 | €1,971 | -€5,857 | -74.8% |
| Amounts payable within one year | 42/48 | €7,828 | €1,971 | -€5,857 | -74.8% |
| Trade debts | 44 | €2,019 | €1,968 | -€51 | -2.5% |
| Suppliers | 440/4 | €2,019 | €1,968 | -€51 | -2.5% |
| Taxes, remuneration and social security | 45 | €5,668 | €0 | -€5,668 | -100.0% |
| Taxes | 450/3 | €5,668 | €0 | -€5,668 | -100.0% |
| Other amounts payable | 47/48 | €140 | €3 | -€137 | -97.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Other operating charges | 640/8 | €856 | €788 | -€68 | -8.0% |
| Gross operating margin | 9900 | €34,314 | €19,835 | -€14,479 | -42.2% |
| Operating profit (loss) | 9901 | €33,458 | €19,047 | -€14,411 | -43.1% |
| Financial charges | 65/66B | €1,897 | €1,611 | -€286 | -15.1% |
| Recurring financial charges | 65 | €1,897 | €1,611 | -€286 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | €31,561 | €17,436 | -€14,125 | -44.8% |
| Income taxes | 67/77 | €5,668 | €3,600 | -€2,069 | -36.5% |
| Profit (loss) for the period | 9904 | €25,892 | €13,836 | -€12,056 | -46.6% |
| Profit (loss) for the period to be appropriated | 9905 | €25,892 | €13,836 | -€12,056 | -46.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.