SCHAVACO: 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.
SCHAVACO
Largest movements
- Receivables within one year +€71,200
up €71,200 (+42.5%), from €167,500 to €238,700
- Tangible fixed assets -€15,291
down €15,291 (-6.1%), from €250,464 to €235,173
- Reserves +€71,683
up €71,683 (+31.3%), from €229,313 to €300,996
of which Distributable reserves: +€71,683
- Debts after one year -€20,432
down €20,432 (-23.4%), from €87,463 to €67,031
- Tax, wage and social debts +€8,512
up €8,512 (+512.2%), from €1,662 to €10,174
- Gross operating margin +€34,056
up €34,056 (+41.6%), from €81,925 to €115,981
- Taxes +€9,239
up €9,239 (+58.0%), from €15,935 to €25,174
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.
Cash bridge derived
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 | €420,763 | €480,567 | +€59,804 | +14.2% |
| Fixed assets | 21/28 | €250,464 | €235,173 | -€15,291 | -6.1% |
| Tangible fixed assets | 22/27 | €250,464 | €235,173 | -€15,291 | -6.1% |
| Land and buildings | 22 | €250,464 | €235,173 | -€15,291 | -6.1% |
| Current assets | 29/58 | €170,299 | €245,394 | +€75,095 | +44.1% |
| Amounts receivable within one year | 40/41 | €167,500 | €238,700 | +€71,200 | +42.5% |
| Other amounts receivable | 41 | €167,500 | €238,700 | +€71,200 | +42.5% |
| Cash at bank and in hand | 54/58 | €2,279 | €6,154 | +€3,876 | +170.1% |
| Deferred charges and accrued income | 490/1 | €520 | €540 | +€20 | +3.8% |
| Total equity and liabilities | 10/49 | €420,763 | €480,567 | +€59,804 | +14.2% |
| Equity | 10/15 | €291,313 | €362,996 | +€71,683 | +24.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €229,313 | €300,996 | +€71,683 | +31.3% |
| Non-distributable reserves | 130/1 | €29,775 | €29,775 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €23,575 | €23,575 | = | 0.0% |
| Other | 1319 | €0 | - | = | |
| Distributable reserves | 133 | €199,538 | €271,221 | +€71,683 | +35.9% |
| Amounts payable | 17/49 | €129,450 | €117,571 | -€11,879 | -9.2% |
| Amounts payable after more than one year | 17 | €87,463 | €67,031 | -€20,432 | -23.4% |
| Financial debts | 170/4 | €87,463 | €67,031 | -€20,432 | -23.4% |
| Amounts payable within one year | 42/48 | €41,987 | €50,540 | +€8,553 | +20.4% |
| Current portion of amounts payable after more than one year | 42 | €35,089 | €35,432 | +€343 | +1.0% |
| Trade debts | 44 | €301 | €0 | -€301 | -100.0% |
| Suppliers | 440/4 | €301 | €0 | -€301 | -100.0% |
| Taxes, remuneration and social security | 45 | €1,662 | €10,174 | +€8,512 | +512.2% |
| Taxes | 450/3 | €1,662 | €10,174 | +€8,512 | +512.2% |
| Other amounts payable | 47/48 | €4,935 | €4,935 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,333 | €15,291 | -€42 | -0.3% |
| Other operating charges | 640/8 | €2,366 | €1,832 | -€533 | -22.5% |
| Gross operating margin | 9900 | €81,925 | €115,981 | +€34,056 | +41.6% |
| Operating profit (loss) | 9901 | €64,226 | €98,858 | +€34,631 | +53.9% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €2,448 | €2,001 | -€447 | -18.3% |
| Recurring financial charges | 65 | €2,448 | €2,001 | -€447 | -18.3% |
| Profit (loss) for the period before taxes | 9903 | €61,778 | €96,857 | +€35,078 | +56.8% |
| Income taxes | 67/77 | €15,935 | €25,174 | +€9,239 | +58.0% |
| Profit (loss) for the period | 9904 | €45,844 | €71,683 | +€25,839 | +56.4% |
| Profit (loss) for the period to be appropriated | 9905 | €45,844 | €71,683 | +€25,839 | +56.4% |
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.