Michel SCHOLASSE: 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.
Michel SCHOLASSE
Largest movements
- Cash -€41,488
down €41,488 (-33.5%), from €123,747 to €82,259
mainly Net result for the year (-€29,457) and Deferred charges and accrued income (-€28,761)
- Deferred charges and accrued income +€28,761
up €28,761 (+646%), from €4,449 to €33,211
- Tangible fixed assets -€14,902
down €14,902 (-31.1%), from €47,958 to €33,056
- Receivables within one year +€8,365
up €8,365 (+8.8%), from €94,602 to €102,967
of which Trade receivables: +€8,244
- Profit (loss) carried forward -€29,457
down €29,457 (-31.7%), from €92,930 to €63,472
- Tax, wage and social debts +€7,685
up €7,685 (+201%), from €3,829 to €11,514
- Gross operating margin -€33,729
down €33,729, from €13,848 to -€19,880
- Depreciation -€3,520
down €3,520 (-27.0%), from €13,033 to €9,513
- Financial income -€2,452
down €2,452 (-54.8%), from €4,474 to €2,021
- Other operating charges -€1,431
down €1,431 (-60.6%), from €2,361 to €930
- Taxes -€1,322
down €1,322 (-67.4%), from €1,960 to €638
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 | €281,756 | €262,493 | -€19,263 | -6.8% |
| Fixed assets | 21/28 | €52,958 | €38,056 | -€14,902 | -28.1% |
| Tangible fixed assets | 22/27 | €47,958 | €33,056 | -€14,902 | -31.1% |
| Furniture and vehicles | 24 | €47,958 | €33,056 | -€14,902 | -31.1% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €228,798 | €224,438 | -€4,361 | -1.9% |
| Amounts receivable within one year | 40/41 | €94,602 | €102,967 | +€8,365 | +8.8% |
| Trade receivables | 40 | €94,602 | €102,846 | +€8,244 | +8.7% |
| Other amounts receivable | 41 | - | €122 | +€122 | |
| Current investments | 50/53 | €6,000 | €6,000 | +€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €123,747 | €82,259 | -€41,488 | -33.5% |
| Deferred charges and accrued income | 490/1 | €4,449 | €33,211 | +€28,761 | +646% |
| Total equity and liabilities | 10/49 | €281,756 | €262,493 | -€19,263 | -6.8% |
| Equity | 10/15 | €268,090 | €238,632 | -€29,457 | -11.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €162,760 | €162,760 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €160,900 | €160,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €92,930 | €63,472 | -€29,457 | -31.7% |
| Amounts payable | 17/49 | €13,666 | €23,861 | +€10,195 | +74.6% |
| Amounts payable within one year | 42/48 | €13,666 | €23,861 | +€10,195 | +74.6% |
| Trade debts | 44 | €9,837 | €12,347 | +€2,510 | +25.5% |
| Suppliers | 440/4 | €9,837 | €12,347 | +€2,510 | +25.5% |
| Taxes, remuneration and social security | 45 | €3,829 | €11,514 | +€7,685 | +201% |
| Taxes | 450/3 | €3,829 | €11,514 | +€7,685 | +201% |
| Non-recurring operating income | 76A | - | €25,914 | +€25,914 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,033 | €9,513 | -€3,520 | -27.0% |
| Other operating charges | 640/8 | €2,361 | €930 | -€1,431 | -60.6% |
| Gross operating margin | 9900 | €13,848 | -€19,880 | -€33,729 | |
| Operating profit (loss) | 9901 | -€1,547 | -€30,324 | -€28,777 | -1,861% |
| Financial income | 75/76B | €4,474 | €2,021 | -€2,452 | -54.8% |
| Recurring financial income | 75 | €4,474 | €2,021 | -€2,452 | -54.8% |
| Financial charges | 65/66B | €517 | €517 | +€0 | 0.0% |
| Recurring financial charges | 65 | €517 | €517 | +€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €2,410 | -€28,820 | -€31,230 | |
| Income taxes | 67/77 | €1,960 | €638 | -€1,322 | -67.4% |
| Profit (loss) for the period | 9904 | €451 | -€29,457 | -€29,908 | |
| Profit (loss) for the period to be appropriated | 9905 | €451 | -€29,457 | -€29,908 |
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 25 October 2026 via checked.be.