Schaap en Citroen: what changed
Schaap en Citroen
Largest movements
- Receivables within one year +€543,019
up €543,019 (+249%), from €217,747 to €760,766
of which Other amounts receivable: +€520,990
- Cash -€106,522
down €106,522 (-27.9%), from €382,233 to €275,711
mainly Receivables within one year (-€543,019) and Tax, wage and social debts (-€22,670)
- Tangible fixed assets -€43,224
down €43,224 (-48.0%), from €90,031 to €46,807
of which Other tangible fixed assets: -€42,708
- Stocks and contracts -€14,150
no longer reported in 2025 (was €14,150)
- Deferred charges and accrued income +€13,697
up €13,697 (+143%), from €9,572 to €23,269
- Profit (loss) carried forward +€329,917
up €329,917 (+73.1%), from €451,131 to €781,048
- Trade debts +€85,572
up €85,572 (+321%), from €26,680 to €112,253
- Tax, wage and social debts -€22,670
down €22,670 (-12.6%), from €179,922 to €157,252
of which Taxes: -€13,240
- Financial charges +€19,328
up €19,328 (+752%), from €2,571 to €21,898
- Gross operating margin -€16,838
down €16,838 (-2.5%), from €678,340 to €661,502
- Taxes -€15,703
down €15,703 (-12.1%), from €129,453 to €113,750
- Financial income +€10,222
up €10,222 (+1,059%), from €965 to €11,188
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 | €732,733 | €1,125,553 | +€392,820 | +53.6% |
| Fixed assets | 21/28 | €109,031 | €65,807 | -€43,224 | -39.6% |
| Tangible fixed assets | 22/27 | €90,031 | €46,807 | -€43,224 | -48.0% |
| Furniture and vehicles | 24 | €1,011 | €495 | -€516 | -51.1% |
| Other tangible fixed assets | 26 | €89,020 | €46,313 | -€42,708 | -48.0% |
| Financial fixed assets | 28 | €19,000 | €19,000 | = | 0.0% |
| Current assets | 29/58 | €623,702 | €1,059,745 | +€436,044 | +69.9% |
| Stocks and contracts in progress | 3 | €14,150 | - | -€14,150 | |
| Stocks | 30/36 | €14,150 | - | -€14,150 | |
| Amounts receivable within one year | 40/41 | €217,747 | €760,766 | +€543,019 | +249% |
| Trade receivables | 40 | €57,579 | €79,609 | +€22,029 | +38.3% |
| Other amounts receivable | 41 | €160,167 | €681,157 | +€520,990 | +325% |
| Cash at bank and in hand | 54/58 | €382,233 | €275,711 | -€106,522 | -27.9% |
| Deferred charges and accrued income | 490/1 | €9,572 | €23,269 | +€13,697 | +143% |
| Total equity and liabilities | 10/49 | €732,733 | €1,125,553 | +€392,820 | +53.6% |
| Equity | 10/15 | €526,131 | €856,048 | +€329,917 | +62.7% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €451,131 | €781,048 | +€329,917 | +73.1% |
| Amounts payable | 17/49 | €206,602 | €269,505 | +€62,903 | +30.4% |
| Amounts payable within one year | 42/48 | €206,602 | €269,505 | +€62,903 | +30.4% |
| Trade debts | 44 | €26,680 | €112,253 | +€85,572 | +321% |
| Suppliers | 440/4 | €26,680 | €112,253 | +€85,572 | +321% |
| Taxes, remuneration and social security | 45 | €179,922 | €157,252 | -€22,670 | -12.6% |
| Taxes | 450/3 | €151,793 | €138,553 | -€13,240 | -8.7% |
| Remuneration and social security | 454/9 | €28,128 | €18,699 | -€9,429 | -33.5% |
| Remuneration, social security and pensions | 62 | €159,822 | €163,901 | +€4,079 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,224 | €43,224 | = | 0.0% |
| Other operating charges | 640/8 | €979 | - | -€979 | |
| Gross operating margin | 9900 | €678,340 | €661,502 | -€16,838 | -2.5% |
| Operating profit (loss) | 9901 | €474,315 | €454,378 | -€19,937 | -4.2% |
| Financial income | 75/76B | €965 | €11,188 | +€10,222 | +1,059% |
| Recurring financial income | 75 | €965 | €11,188 | +€10,222 | +1,059% |
| Financial charges | 65/66B | €2,571 | €21,898 | +€19,328 | +752% |
| Recurring financial charges | 65 | €2,571 | €21,898 | +€19,328 | +752% |
| Profit (loss) for the period before taxes | 9903 | €472,710 | €443,667 | -€29,043 | -6.1% |
| Income taxes | 67/77 | €129,453 | €113,750 | -€15,703 | -12.1% |
| Profit (loss) for the period | 9904 | €343,257 | €329,917 | -€13,340 | -3.9% |
| Profit (loss) for the period to be appropriated | 9905 | €343,257 | €329,917 | -€13,340 | -3.9% |
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 4 November 2026 via checked.be.