SCH INVEST: what changed
SCH INVEST
Largest movements
- Cash +€78,259
up €78,259 (+485%), from €16,145 to €94,404
mainly Net result for the year (+€89,549) and Tax, wage and social debts (+€19,206)
- Receivables within one year +€21,161
up €21,161 (+17.6%), from €120,317 to €141,478
of which Other amounts receivable: +€21,798
- Reserves +€80,157
up €80,157 (+174%), from €45,982 to €126,139
of which Distributable reserves: +€80,157
- Tax, wage and social debts +€19,206
up €19,206 (+153%), from €12,542 to €31,747
of which Taxes: +€17,206
- Trade debts -€13,122
down €13,122 (-96.4%), from €13,610 to €488
- Profit (loss) carried forward +€9,392
no longer reported in 2025 (was -€9,392)
- Other debts +€5,400
up €5,400 (+106%), from €5,101 to €10,501
- Gross operating margin +€82,473
up €82,473 (+184%), from €44,721 to €127,194
- Taxes +€27,639
up €27,639 (+293%), from €9,438 to €37,077
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €136,675 | €237,725 | +€101,051 | +73.9% |
| Fixed assets | 21/28 | €213 | - | -€213 | |
| Tangible fixed assets | 22/27 | €213 | - | -€213 | |
| Other tangible fixed assets | 26 | €213 | - | -€213 | |
| Current assets | 29/58 | €136,462 | €237,725 | +€101,263 | +74.2% |
| Amounts receivable within one year | 40/41 | €120,317 | €141,478 | +€21,161 | +17.6% |
| Trade receivables | 40 | €3,758 | €3,121 | -€637 | -16.9% |
| Other amounts receivable | 41 | €116,559 | €138,357 | +€21,798 | +18.7% |
| Cash at bank and in hand | 54/58 | €16,145 | €94,404 | +€78,259 | +485% |
| Deferred charges and accrued income | 490/1 | - | €1,842 | +€1,842 | |
| Total equity and liabilities | 10/49 | €136,675 | €237,725 | +€101,051 | +73.9% |
| Equity | 10/15 | €66,190 | €155,739 | +€89,549 | +135% |
| Contributions | 10/11 | €29,600 | €29,600 | = | 0.0% |
| Capital | 10 | €29,600 | €29,600 | = | 0.0% |
| Issued capital | 100 | €29,600 | €29,600 | = | 0.0% |
| Reserves | 13 | €45,982 | €126,139 | +€80,157 | +174% |
| Non-distributable reserves | 130/1 | €2,960 | €2,960 | = | 0.0% |
| Legal reserve | 130 | €2,960 | €2,960 | = | 0.0% |
| Distributable reserves | 133 | €43,022 | €123,179 | +€80,157 | +186% |
| Profit (loss) carried forward | 14 | -€9,392 | - | +€9,392 | |
| Amounts payable | 17/49 | €70,485 | €81,987 | +€11,501 | +16.3% |
| Amounts payable within one year | 42/48 | €70,485 | €81,987 | +€11,501 | +16.3% |
| Current portion of amounts payable after more than one year | 42 | €11,982 | €12,000 | +€18 | +0.1% |
| Trade debts | 44 | €13,610 | €488 | -€13,122 | -96.4% |
| Suppliers | 440/4 | €13,610 | €488 | -€13,122 | -96.4% |
| Advances received on contracts in progress | 46 | €27,250 | €27,250 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €12,542 | €31,747 | +€19,206 | +153% |
| Taxes | 450/3 | €12,342 | €29,547 | +€17,206 | +139% |
| Remuneration and social security | 454/9 | €200 | €2,200 | +€2,000 | +1,000% |
| Other amounts payable | 47/48 | €5,101 | €10,501 | +€5,400 | +106% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €458 | €213 | -€245 | -53.6% |
| Gross operating margin | 9900 | €44,721 | €127,194 | +€82,473 | +184% |
| Operating profit (loss) | 9901 | €44,263 | €126,982 | +€82,719 | +187% |
| Financial charges | 65/66B | €969 | €355 | -€613 | -63.3% |
| Recurring financial charges | 65 | €969 | €355 | -€613 | -63.3% |
| Profit (loss) for the period before taxes | 9903 | €43,294 | €126,626 | +€83,332 | +192% |
| Income taxes | 67/77 | €9,438 | €37,077 | +€27,639 | +293% |
| Profit (loss) for the period | 9904 | €33,856 | €89,549 | +€55,693 | +164% |
| Profit (loss) for the period to be appropriated | 9905 | €33,856 | €89,549 | +€55,693 | +164% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.