ML Schollaert: 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.
ML Schollaert
Largest movements
- Tangible fixed assets +€77,371
up €77,371 (+10,459%), from €740 to €78,111
of which Plant, machinery and equipment: +€70,171
- Cash -€40,095
down €40,095 (-67.1%), from €59,788 to €19,693
mainly Investment in fixed assets (net) (-€81,479) and Receivables within one year (-€9,366)
- Receivables within one year +€9,366
up €9,366 (+138%), from €6,785 to €16,151
of which Trade receivables: +€8,703
- Debts after one year +€25,060
up €25,060 (+16.7%), from €149,888 to €174,948
of which Financial debts: +€26,259
- Reserves +€17,135
up €17,135 (+46.4%), from €36,961 to €54,096
- Tax, wage and social debts -€7,014
down €7,014 (-65.4%), from €10,726 to €3,712
- Current portion of long-term debt +€6,594
new in 2025: €6,594
- Trade debts +€4,505
up €4,505, from €0 to €4,505
- Gross operating margin +€10,669
up €10,669 (+68.7%), from €15,528 to €26,197
- Depreciation +€2,608
up €2,608 (+174%), from €1,500 to €4,108
- Taxes -€825
down €825 (-19.8%), from €4,161 to €3,337
- Financial charges +€567
up €567 (+308%), from €184 to €750
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 | €217,575 | €263,855 | +€46,280 | +21.3% |
| Fixed assets | 21/28 | €150,640 | €228,011 | +€77,371 | +51.4% |
| Tangible fixed assets | 22/27 | €740 | €78,111 | +€77,371 | +10,459% |
| Land and buildings | 22 | - | €7,939 | +€7,939 | |
| Plant, machinery and equipment | 23 | - | €70,171 | +€70,171 | |
| Furniture and vehicles | 24 | €740 | €0 | -€740 | -100% |
| Financial fixed assets | 28 | €149,900 | €149,900 | = | 0.0% |
| Current assets | 29/58 | €66,935 | €35,845 | -€31,091 | -46.4% |
| Amounts receivable within one year | 40/41 | €6,785 | €16,151 | +€9,366 | +138% |
| Trade receivables | 40 | €6,785 | €15,488 | +€8,703 | +128% |
| Other amounts receivable | 41 | - | €663 | +€663 | |
| Cash at bank and in hand | 54/58 | €59,788 | €19,693 | -€40,095 | -67.1% |
| Deferred charges and accrued income | 490/1 | €361 | €0 | -€361 | -100% |
| Total equity and liabilities | 10/49 | €217,575 | €263,855 | +€46,280 | +21.3% |
| Equity | 10/15 | €56,961 | €74,096 | +€17,135 | +30.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €36,961 | €54,096 | +€17,135 | +46.4% |
| Distributable reserves | 133 | €36,961 | €54,096 | +€17,135 | +46.4% |
| Amounts payable | 17/49 | €160,614 | €189,759 | +€29,145 | +18.1% |
| Amounts payable after more than one year | 17 | €149,888 | €174,948 | +€25,060 | +16.7% |
| Financial debts | 170/4 | - | €26,259 | +€26,259 | |
| Other amounts payable | 178/9 | €149,888 | €148,689 | -€1,199 | -0.8% |
| Amounts payable within one year | 42/48 | €10,726 | €14,811 | +€4,085 | +38.1% |
| Current portion of amounts payable after more than one year | 42 | - | €6,594 | +€6,594 | |
| Trade debts | 44 | €0 | €4,505 | +€4,505 | |
| Suppliers | 440/4 | €0 | €4,505 | +€4,505 | |
| Taxes, remuneration and social security | 45 | €10,726 | €3,712 | -€7,014 | -65.4% |
| Taxes | 450/3 | €10,726 | €3,712 | -€7,014 | -65.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,500 | €4,108 | +€2,608 | +174% |
| Other operating charges | 640/8 | €846 | €867 | +€21 | +2.4% |
| Gross operating margin | 9900 | €15,528 | €26,197 | +€10,669 | +68.7% |
| Operating profit (loss) | 9901 | €13,182 | €21,222 | +€8,041 | +61.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €184 | €750 | +€567 | +308% |
| Recurring financial charges | 65 | €184 | €750 | +€567 | +308% |
| Profit (loss) for the period before taxes | 9903 | €12,998 | €20,472 | +€7,474 | +57.5% |
| Income taxes | 67/77 | €4,161 | €3,337 | -€825 | -19.8% |
| Profit (loss) for the period | 9904 | €8,837 | €17,135 | +€8,299 | +93.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,837 | €17,135 | +€8,299 | +93.9% |
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 16 October 2026 via checked.be.