Rode Schoentjes: 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.
Rode Schoentjes
Largest movements
- Cash +€78,570
up €78,570 (+82.0%), from €95,782 to €174,352
mainly Receivables within one year (+€49,695) and Net result for the year (+€22,271)
- Receivables within one year -€49,695
down €49,695 (-72.4%), from €68,652 to €18,956
of which Trade receivables: -€45,460
- Tangible fixed assets -€8,816
down €8,816 (-16.4%), from €53,660 to €44,843
of which Plant, machinery and equipment: -€5,672
- Profit (loss) carried forward +€22,271
up €22,271 (+11.8%), from €188,644 to €210,916
- Trade debts -€14,504
down €14,504 (-48.4%), from €29,981 to €15,477
- Other debts +€14,125
up €14,125 (+1,696%), from €833 to €14,958
- Gross operating margin +€19,151
up €19,151 (+102%), from €18,743 to €37,894
- Depreciation +€5,791
up €5,791 (+145%), from €4,004 to €9,795
- Taxes +€3,810
up €3,810 (+186%), from €2,053 to €5,863
- Other operating charges -€940
down €940 (-86.7%), from €1,084 to €144
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 | €223,253 | €245,340 | +€22,087 | +9.9% |
| Fixed assets | 21/28 | €53,660 | €44,843 | -€8,816 | -16.4% |
| Tangible fixed assets | 22/27 | €53,660 | €44,843 | -€8,816 | -16.4% |
| Plant, machinery and equipment | 23 | €22,824 | €17,152 | -€5,672 | -24.9% |
| Other tangible fixed assets | 26 | €30,836 | €27,691 | -€3,144 | -10.2% |
| Current assets | 29/58 | €169,593 | €200,496 | +€30,903 | +18.2% |
| Stocks and contracts in progress | 3 | €4,725 | €6,744 | +€2,018 | +42.7% |
| Stocks | 30/36 | €4,725 | €6,744 | +€2,018 | +42.7% |
| Amounts receivable within one year | 40/41 | €68,652 | €18,956 | -€49,695 | -72.4% |
| Trade receivables | 40 | €52,067 | €6,607 | -€45,460 | -87.3% |
| Other amounts receivable | 41 | €16,584 | €12,349 | -€4,235 | -25.5% |
| Cash at bank and in hand | 54/58 | €95,782 | €174,352 | +€78,570 | +82.0% |
| Deferred charges and accrued income | 490/1 | €435 | €445 | +€10 | +2.4% |
| Total equity and liabilities | 10/49 | €223,253 | €245,340 | +€22,087 | +9.9% |
| Equity | 10/15 | €191,644 | €213,916 | +€22,271 | +11.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €188,644 | €210,916 | +€22,271 | +11.8% |
| Amounts payable | 17/49 | €31,609 | €31,424 | -€185 | -0.6% |
| Amounts payable within one year | 42/48 | €31,609 | €31,424 | -€185 | -0.6% |
| Trade debts | 44 | €29,981 | €15,477 | -€14,504 | -48.4% |
| Suppliers | 440/4 | €29,981 | €15,477 | -€14,504 | -48.4% |
| Taxes, remuneration and social security | 45 | €795 | €989 | +€194 | +24.4% |
| Taxes | 450/3 | €795 | €989 | +€194 | +24.4% |
| Other amounts payable | 47/48 | €833 | €14,958 | +€14,125 | +1,696% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,004 | €9,795 | +€5,791 | +145% |
| Other operating charges | 640/8 | €1,084 | €144 | -€940 | -86.7% |
| Gross operating margin | 9900 | €18,743 | €37,894 | +€19,151 | +102% |
| Operating profit (loss) | 9901 | €13,655 | €27,955 | +€14,300 | +105% |
| Financial income | 75/76B | €150 | €247 | +€96 | +64.2% |
| Recurring financial income | 75 | €150 | €247 | +€96 | +64.2% |
| Financial charges | 65/66B | €107 | €67 | -€40 | -37.1% |
| Recurring financial charges | 65 | €107 | €67 | -€40 | -37.1% |
| Profit (loss) for the period before taxes | 9903 | €13,698 | €28,134 | +€14,436 | +105% |
| Income taxes | 67/77 | €2,053 | €5,863 | +€3,810 | +186% |
| Profit (loss) for the period | 9904 | €11,645 | €22,271 | +€10,626 | +91.3% |
| Profit (loss) for the period to be appropriated | 9905 | €11,645 | €22,271 | +€10,626 | +91.3% |
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 31 October 2026 via checked.be.