SCHAUBROECK: 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.
What changed
SCHAUBROECK
NACE 63.100, Computing infrastructure, data processing, hosting and related activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€54,907
2024 · €396,512-€341,604
Equity
€9.2m
2024 · €9.2m+€54,907
Cash
€2.0m
2024 · €4.8m-€2.8m
Balance sheet total
€9.4m
2024 · €9.7m-€391,002
Largest movements
Assets
- Cash -€2.8m
down €2.8m (-58.1%), from €4.8m to €2.0m
mainly Receivables after one year (-€1.6m) and Investment in fixed assets (net) (-€1.4m)
- Receivables after one year +€1.6m
new in 2025: €1.6m
- Financial fixed assets +€1.4m
up €1.4m (+53.4%), from €2.5m to €3.9m
- Receivables within one year -€346,507
down €346,507 (-52.9%), from €654,645 to €308,138
of which Trade receivables: -€331,330
- Tangible fixed assets -€169,654
down €169,654 (-13.8%), from €1.2m to €1.1m
of which Plant, machinery and equipment: -€133,778
Equity and liabilities
- Other debts -€355,000
no longer reported in 2025 (was €355,000)
Income statement
- Gross operating margin -€550,181
down €550,181 (-67.8%), from €811,544 to €261,362
- Financial income +€192,836
up €192,836 (+568%), from €33,957 to €226,793
- Staff costs +€51,942
up €51,942 (+51.1%), from €101,674 to €153,616
- Other operating charges -€33,858
down €33,858 (-31.7%), from €106,880 to €73,023
- Taxes -€12,500
down €12,500 (-32.6%), from €38,293 to €25,793
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.
Result 2024
€396,512
Gross operating margin
-€550,181
Staff costs
-€51,942
Depreciation
+€11,386
Other operating charges
+€33,858
Financial income
+€192,836
Financial charges
+€10,808
Taxes
+€12,500
Deferred taxes and other
-€868
Result 2025
€54,907
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€1.4m
Investment
-€1.4m
Financing
-€1,902
Cash 2024
€4.8m
From operations (derived)
-€1.4m
Net result for the year
+€54,907
Depreciation
+€171,528
Receivables after one year
-€1.6m
Receivables within one year
+€346,507
Deferred charges and accrued income
-€6,553
Provisions
-€20,141
Trade debts
-€58,178
Tax, wage and social debts
-€13,954
Other debts
-€355,000
Accrued charges and deferred income
+€3,266
Investment (derived)
-€1.4m
Investment in fixed assets (net)
-€1.4m
Financing
-€1,902
Debts after one year
-€1,902
Cash 2025
€2.0m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,748,079 | €9,357,078 | -€391,002 | -4.0% |
| Fixed assets | 21/28 | €3,759,604 | €4,939,218 | +€1.2m | +31.4% |
| Intangible fixed assets | 21 | €2,342 | €468 | -€1,874 | -80.0% |
| Tangible fixed assets | 22/27 | €1,229,108 | €1,059,454 | -€169,654 | -13.8% |
| Land and buildings | 22 | €582,986 | €562,183 | -€20,803 | -3.6% |
| Plant, machinery and equipment | 23 | €587,126 | €453,348 | -€133,778 | -22.8% |
| Furniture and vehicles | 24 | €58,996 | €43,923 | -€15,073 | -25.5% |
| Financial fixed assets | 28 | €2,528,154 | €3,879,295 | +€1.4m | +53.4% |
| Current assets | 29/58 | €5,988,475 | €4,417,860 | -€1.6m | -26.2% |
| Amounts receivable after more than one year | 29 | - | €1,566,397 | +€1.6m | |
| Other amounts receivable | 291 | - | €1,566,397 | +€1.6m | |
| Amounts receivable within one year | 40/41 | €654,645 | €308,138 | -€346,507 | -52.9% |
| Trade receivables | 40 | €588,542 | €257,213 | -€331,330 | -56.3% |
| Other amounts receivable | 41 | €66,102 | €50,925 | -€15,177 | -23.0% |
| Current investments | 50/53 | €500,000 | €500,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,811,830 | €2,014,772 | -€2.8m | -58.1% |
| Deferred charges and accrued income | 490/1 | €22,000 | €28,553 | +€6,553 | +29.8% |
| Total equity and liabilities | 10/49 | €9,748,079 | €9,357,078 | -€391,002 | -4.0% |
| Equity | 10/15 | €9,164,689 | €9,219,597 | +€54,907 | +0.6% |
| Contributions | 10/11 | €100,032 | €100,032 | = | 0.0% |
| Capital | 10 | €100,032 | €100,032 | = | 0.0% |
| Issued capital | 100 | €100,032 | €100,032 | = | 0.0% |
| Reserves | 13 | €9,064,657 | €9,119,565 | +€54,907 | +0.6% |
| Non-distributable reserves | 130/1 | €11,555 | €11,555 | = | 0.0% |
| Legal reserve | 130 | €11,555 | €11,555 | = | 0.0% |
| Tax-exempt reserves | 132 | €273,581 | €299,094 | +€25,513 | +9.3% |
| Distributable reserves | 133 | €8,779,522 | €8,808,916 | +€29,394 | +0.3% |
| Provisions and deferred taxes | 16 | €20,141 | - | -€20,141 | |
| Provisions for liabilities and charges | 160/5 | €20,141 | - | -€20,141 | |
| Major repairs and maintenance | 162 | €20,141 | - | -€20,141 | |
| Amounts payable | 17/49 | €563,249 | €137,481 | -€425,768 | -75.6% |
| Amounts payable after more than one year | 17 | €70,254 | €68,351 | -€1,902 | -2.7% |
| Financial debts | 170/4 | €70,254 | €68,351 | -€1,902 | -2.7% |
| Amounts payable within one year | 42/48 | €488,559 | €61,428 | -€427,132 | -87.4% |
| Trade debts | 44 | €83,831 | €25,654 | -€58,178 | -69.4% |
| Suppliers | 440/4 | €83,831 | €25,654 | -€58,178 | -69.4% |
| Taxes, remuneration and social security | 45 | €49,728 | €35,774 | -€13,954 | -28.1% |
| Taxes | 450/3 | €23,706 | €18,659 | -€5,046 | -21.3% |
| Remuneration and social security | 454/9 | €26,022 | €17,115 | -€8,907 | -34.2% |
| Other amounts payable | 47/48 | €355,000 | - | -€355,000 | |
| Accrued charges and deferred income | 492/3 | €4,436 | €7,702 | +€3,266 | +73.6% |
| Remuneration, social security and pensions | 62 | €101,674 | €153,616 | +€51,942 | +51.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €182,913 | €171,528 | -€11,386 | -6.2% |
| Other operating charges | 640/8 | €106,880 | €73,023 | -€33,858 | -31.7% |
| Gross operating margin | 9900 | €811,544 | €261,362 | -€550,181 | -67.8% |
| Operating profit (loss) | 9901 | €420,076 | -€136,804 | -€556,880 | |
| Financial income | 75/76B | €33,957 | €226,793 | +€192,836 | +568% |
| Recurring financial income | 75 | €33,957 | €226,793 | +€192,836 | +568% |
| Financial charges | 65/66B | €20,097 | €9,289 | -€10,808 | -53.8% |
| Recurring financial charges | 65 | €20,097 | €9,289 | -€10,808 | -53.8% |
| Profit (loss) for the period before taxes | 9903 | €433,937 | €80,700 | -€353,236 | -81.4% |
| Transfer from deferred taxes | 780 | €868 | - | -€868 | |
| Income taxes | 67/77 | €38,293 | €25,793 | -€12,500 | -32.6% |
| Profit (loss) for the period | 9904 | €396,512 | €54,907 | -€341,604 | -86.2% |
| Transfer from tax-exempt reserves | 789 | - | €3,536 | +€3,536 | |
| Transfer to tax-exempt reserves | 689 | €33,680 | €29,049 | -€4,631 | -13.8% |
| Profit (loss) for the period to be appropriated | 9905 | €362,832 | €29,394 | -€333,437 | -91.9% |
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 16 October 2026 via checked.be.