NPV Schaeken: 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.
NPV Schaeken
Largest movements
- Cash +€219,959
up €219,959 (+78.2%), from €281,408 to €501,367
mainly Net result for the year (+€199,767) and Current investments (+€189,118)
- Current investments -€189,118
down €189,118 (-100%), from €189,118 to €0
- Reserves +€199,767
up €199,767 (+104%), from €192,310 to €392,078
- Other debts -€165,574
down €165,574 (-95.0%), from €174,201 to €8,627
- Accrued charges and deferred income +€10,129
up €10,129 (+38.6%), from €26,218 to €36,346
- Tax, wage and social debts -€10,109
down €10,109 (-21.8%), from €46,342 to €36,233
- Gross operating margin +€60,315
up €60,315 (+26.4%), from €228,886 to €289,201
- Taxes +€29,146
up €29,146 (+49.3%), from €59,071 to €88,217
- Financial income -€22,917
down €22,917 (-85.9%), from €26,664 to €3,747
- Financial charges +€3,997
up €3,997, from -€836 to €3,161
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 | €474,579 | €504,451 | +€29,872 | +6.3% |
| Fixed assets | 21/28 | €2,030 | €812 | -€1,218 | -60.0% |
| Tangible fixed assets | 22/27 | €2,030 | €812 | -€1,218 | -60.0% |
| Furniture and vehicles | 24 | €2,030 | €812 | -€1,218 | -60.0% |
| Current assets | 29/58 | €472,549 | €503,639 | +€31,090 | +6.6% |
| Amounts receivable within one year | 40/41 | €0 | €250 | +€250 | |
| Trade receivables | 40 | €0 | €82 | +€82 | |
| Other amounts receivable | 41 | - | €168 | +€168 | |
| Current investments | 50/53 | €189,118 | €0 | -€189,118 | -100% |
| Cash at bank and in hand | 54/58 | €281,408 | €501,367 | +€219,959 | +78.2% |
| Deferred charges and accrued income | 490/1 | €2,023 | €2,023 | = | 0.0% |
| Total equity and liabilities | 10/49 | €474,579 | €504,451 | +€29,872 | +6.3% |
| Equity | 10/15 | €210,910 | €410,678 | +€199,767 | +94.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €192,310 | €392,078 | +€199,767 | +104% |
| Distributable reserves | 133 | €192,310 | €392,078 | +€199,767 | +104% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €263,669 | €93,774 | -€169,895 | -64.4% |
| Amounts payable within one year | 42/48 | €237,451 | €57,427 | -€180,024 | -75.8% |
| Financial debts | 43 | €16,908 | €12,500 | -€4,408 | -26.1% |
| Credit institutions | 430/8 | €16,908 | €12,500 | -€4,408 | -26.1% |
| Trade debts | 44 | - | €68 | +€68 | |
| Suppliers | 440/4 | - | €68 | +€68 | |
| Taxes, remuneration and social security | 45 | €46,342 | €36,233 | -€10,109 | -21.8% |
| Taxes | 450/3 | €46,342 | €36,233 | -€10,109 | -21.8% |
| Other amounts payable | 47/48 | €174,201 | €8,627 | -€165,574 | -95.0% |
| Accrued charges and deferred income | 492/3 | €26,218 | €36,346 | +€10,129 | +38.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,218 | €1,218 | = | 0.0% |
| Other operating charges | 640/8 | €599 | €585 | -€14 | -2.3% |
| Gross operating margin | 9900 | €228,886 | €289,201 | +€60,315 | +26.4% |
| Operating profit (loss) | 9901 | €227,069 | €287,398 | +€60,329 | +26.6% |
| Financial income | 75/76B | €26,664 | €3,747 | -€22,917 | -85.9% |
| Recurring financial income | 75 | €26,664 | €3,747 | -€22,917 | -85.9% |
| Financial charges | 65/66B | -€836 | €3,161 | +€3,997 | |
| Recurring financial charges | 65 | -€836 | €3,161 | +€3,997 | |
| Profit (loss) for the period before taxes | 9903 | €254,569 | €287,984 | +€33,415 | +13.1% |
| Income taxes | 67/77 | €59,071 | €88,217 | +€29,146 | +49.3% |
| Profit (loss) for the period | 9904 | €195,499 | €199,767 | +€4,269 | +2.2% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €195,499 | €199,767 | +€4,269 | +2.2% |
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 26 October 2026 via checked.be.