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SCHAEK: what changed

Two fiscal 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.

What changed

SCHAEK

BE 0804.792.766
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€1,911
2024 · €3,851-€5,762
Equity
€1.2m
2024 · €1.3m-€53,577
Cash
€64,986
2024 · €8,819+€56,167
Balance sheet total
€1.3m
2024 · €1.3m-€17,302

Largest movements

2024 to 2025
Assets
  • Cash +€56,167

    up €56,167 (+636.9%), from €8,819 to €64,986

    mainly Depreciation (+€49,670) and Other debts (+€43,763)

  • Tangible fixed assets -€44,545

    down €44,545 (-4.0%), from €1.1m to €1.1m

    of which Land and buildings: -€44,101

  • Current investments -€21,535

    down €21,535 (-14.6%), from €147,517 to €125,981

Equity and liabilities
  • Contributions -€50,000

    down €50,000 (-4.7%), from €1.1m to €1.0m

  • Other debts +€43,763

    up €43,763 (+232.9%), from €18,794 to €62,557

Income statement
  • Gross operating margin +€12,643

    up €12,643 (+31.8%), from €39,729 to €52,372

  • Financial income -€12,227

    down €12,227 (-73.4%), from €16,663 to €4,435

  • Depreciation +€5,058

    up €5,058 (+11.3%), from €44,612 to €49,670

  • Other operating charges +€1,078

    up €1,078 (+14.1%), from €7,644 to €8,723

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €3,851
Gross operating margin +€12,643
Depreciation -€5,058
Other operating charges -€1,078
Financial income -€12,227
Financial charges -€46
Taxes +€4
Result 2025 -€1,911

Cash bridge derived

cash 2024 to 2025

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.

From operations +€91,423
Investment +€16,410
Financing -€51,666
Cash 2024 €8,819
Net result for the year -€1,911
Depreciation +€49,670
Receivables within one year +€2,977
Deferred charges and accrued income +€4,412
Trade debts -€8,989
Other debts +€43,763
Accrued charges and deferred income +€1,500
Investment in fixed assets (net) -€5,126
Current investments +€21,535
Contributions, distributions and other -€51,666
Cash 2025 €64,986
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,287,442 €1,270,139 -€17,302 -1.3%
Fixed assets 21/28 €1,121,760 €1,077,215 -€44,545 -4.0%
Tangible fixed assets 22/27 €1,121,760 €1,077,215 -€44,545 -4.0%
Land and buildings 22 €1,110,530 €1,066,428 -€44,101 -4.0%
Furniture and vehicles 24 €11,230 €10,787 -€443 -3.9%
Current assets 29/58 €165,682 €192,924 +€27,243 +16.4%
Amounts receivable within one year 40/41 €4,776 €1,799 -€2,977 -62.3%
Other amounts receivable 41 €4,776 €1,799 -€2,977 -62.3%
Current investments 50/53 €147,517 €125,981 -€21,535 -14.6%
Cash at bank and in hand 54/58 €8,819 €64,986 +€56,167 +636.9%
Deferred charges and accrued income 490/1 €4,570 €158 -€4,412 -96.5%
Total equity and liabilities 10/49 €1,287,442 €1,270,139 -€17,302 -1.3%
Equity 10/15 €1,257,809 €1,204,233 -€53,577 -4.3%
Contributions 10/11 €1,069,113 €1,019,113 -€50,000 -4.7%
Reserves 13 €188,697 €185,120 -€3,577 -1.9%
Distributable reserves 133 €188,697 €185,120 -€3,577 -1.9%
Amounts payable 17/49 €29,632 €65,907 +€36,275 +122.4%
Amounts payable within one year 42/48 €29,632 €64,407 +€34,775 +117.4%
Trade debts 44 €10,633 €1,645 -€8,989 -84.5%
Suppliers 440/4 €10,633 €1,645 -€8,989 -84.5%
Taxes, remuneration and social security 45 €205 €205 = 0.0%
Taxes 450/3 €205 €205 = 0.0%
Other amounts payable 47/48 €18,794 €62,557 +€43,763 +232.9%
Accrued charges and deferred income 492/3 - €1,500 +€1,500
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €44,612 €49,670 +€5,058 +11.3%
Other operating charges 640/8 €7,644 €8,723 +€1,078 +14.1%
Gross operating margin 9900 €39,729 €52,372 +€12,643 +31.8%
Operating profit (loss) 9901 -€12,527 -€6,021 +€6,506 +51.9%
Financial income 75/76B €16,663 €4,435 -€12,227 -73.4%
Recurring financial income 75 €16,663 €4,435 -€12,227 -73.4%
Financial charges 65/66B €79 €125 +€46 +57.5%
Recurring financial charges 65 €79 €125 +€46 +57.5%
Profit (loss) for the period before taxes 9903 €4,057 -€1,710 -€5,767
Income taxes 67/77 €205 €201 -€4 -2.1%
Profit (loss) for the period 9904 €3,851 -€1,911 -€5,762
Profit (loss) for the period to be appropriated 9905 €3,851 -€1,911 -€5,762

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.