Schalbroek: 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.
Schalbroek
Largest movements
- Tangible fixed assets +€662,812
up €662,812 (+28.1%), from €2.4m to €3.0m
of which Land and buildings: +€666,362
- Cash -€31,706
down €31,706 (-54.9%), from €57,732 to €26,025
mainly Investment in fixed assets (net) (-€758,341) and Net result for the year (-€115,252)
- Debts after one year +€740,000
up €740,000 (+35.7%), from €2.1m to €2.8m
- Profit (loss) carried forward -€115,252
down €115,252 (-31.1%), from -€370,903 to -€486,155
- Depreciation -€38,513
down €38,513 (-28.7%), from €134,043 to €95,529
- Gross operating margin +€13,982
up €13,982 (+40.7%), from -€34,329 to -€20,347
- Financial charges -€3,283
down €3,283 (-65.5%), from €5,009 to €1,726
- Financial income -€701
down €701 (-10.5%), from €6,688 to €5,987
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 | €2,478,947 | €3,108,154 | +€629,207 | +25.4% |
| Fixed assets | 21/28 | €2,354,983 | €3,017,795 | +€662,812 | +28.1% |
| Tangible fixed assets | 22/27 | €2,354,758 | €3,017,570 | +€662,812 | +28.1% |
| Land and buildings | 22 | €2,349,079 | €3,015,441 | +€666,362 | +28.4% |
| Plant, machinery and equipment | 23 | €5,679 | €2,128 | -€3,550 | -62.5% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €123,964 | €90,359 | -€33,605 | -27.1% |
| Amounts receivable within one year | 40/41 | €118 | €463 | +€345 | +293% |
| Other amounts receivable | 41 | €118 | €463 | +€345 | +293% |
| Current investments | 50/53 | €66,115 | €63,871 | -€2,244 | -3.4% |
| Cash at bank and in hand | 54/58 | €57,732 | €26,025 | -€31,706 | -54.9% |
| Total equity and liabilities | 10/49 | €2,478,947 | €3,108,154 | +€629,207 | +25.4% |
| Equity | 10/15 | €398,807 | €283,554 | -€115,252 | -28.9% |
| Contributions | 10/11 | €769,709 | €769,709 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€370,903 | -€486,155 | -€115,252 | -31.1% |
| Amounts payable | 17/49 | €2,080,140 | €2,824,599 | +€744,459 | +35.8% |
| Amounts payable after more than one year | 17 | €2,074,553 | €2,814,553 | +€740,000 | +35.7% |
| Other amounts payable | 178/9 | €2,074,553 | €2,814,553 | +€740,000 | +35.7% |
| Amounts payable within one year | 42/48 | €5,587 | €10,046 | +€4,459 | +79.8% |
| Trade debts | 44 | €1,443 | €3,770 | +€2,327 | +161% |
| Suppliers | 440/4 | €1,443 | €3,770 | +€2,327 | +161% |
| Other amounts payable | 47/48 | €4,144 | €6,276 | +€2,132 | +51.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €134,043 | €95,529 | -€38,513 | -28.7% |
| Other operating charges | 640/8 | €3,526 | €3,637 | +€111 | +3.1% |
| Gross operating margin | 9900 | -€34,329 | -€20,347 | +€13,982 | +40.7% |
| Operating profit (loss) | 9901 | -€171,898 | -€119,514 | +€52,384 | +30.5% |
| Financial income | 75/76B | €6,688 | €5,987 | -€701 | -10.5% |
| Recurring financial income | 75 | €6,688 | €5,987 | -€701 | -10.5% |
| Financial charges | 65/66B | €5,009 | €1,726 | -€3,283 | -65.5% |
| Recurring financial charges | 65 | €5,009 | €1,726 | -€3,283 | -65.5% |
| Profit (loss) for the period before taxes | 9903 | -€170,219 | -€115,252 | +€54,967 | +32.3% |
| Income taxes | 67/77 | €0 | €0 | = | |
| Profit (loss) for the period | 9904 | -€170,219 | -€115,252 | +€54,967 | +32.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€170,219 | -€115,252 | +€54,967 | +32.3% |
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 15 October 2026 via checked.be.