SCHIETHOEK: 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
SCHIETHOEK
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€30,634
2024 · €802,041-€771,407
Equity
€10.2m
2024 · €10.2m+€30,634
Cash
€1.2m
2024 · €49,732+€1.1m
Balance sheet total
€11.6m
2024 · €11.6m+€2,794
Largest movements
Assets
- Cash +€1.1m
up €1.1m (+2,239%), from €49,732 to €1.2m
mainly Receivables after one year (+€1.0m) and Receivables within one year (+€106,148)
- Receivables after one year -€1.0m
down €1.0m (-100%), from €1.0m to €0
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Financial income -€763,023
down €763,023 (-100.0%), from €763,116 to €93
- Turnover -€230,730
down €230,730 (-35.9%), from €642,952 to €412,223
- Services and other goods -€87,187
down €87,187 (-31.4%), from €277,851 to €190,664
- Staff costs -€64,613
down €64,613 (-40.0%), from €161,694 to €97,082
- Financial charges -€44,174
down €44,174 (-39.3%), from €112,352 to €68,178
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
€802,041
Turnover
-€230,730
Other operating income
-€369
Services and other goods
+€87,187
Staff costs
+€64,613
Depreciation
+€13,738
Other operating charges
-€25
Financial income
-€763,023
Financial charges
+€44,174
Taxes
+€13,028
Result 2025
€30,634
raises the resultlowers the result
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
+€1.1m
Investment
-€13,965
Financing
€0
Cash 2024
€49,732
From operations (derived)
+€1.1m
Net result for the year
+€30,634
Depreciation
+€15,177
Receivables after one year
+€1.0m
Receivables within one year
+€106,148
Deferred charges and accrued income
+€3,417
Provisions
-€17,501
Trade debts
-€9,456
Smaller working-capital items
-€882
Investment (derived)
-€13,965
Investment in fixed assets (net)
-€13,965
Cash 2025
€1.2m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,644,606 | €11,647,400 | +€2,794 | 0.0% |
| Fixed assets | 21/28 | €10,440,415 | €10,439,203 | -€1,212 | 0.0% |
| Tangible fixed assets | 22/27 | €43,527 | €42,315 | -€1,212 | -2.8% |
| Furniture and vehicles | 24 | €33,610 | €32,398 | -€1,212 | -3.6% |
| Other tangible fixed assets | 26 | €9,917 | €9,917 | = | 0.0% |
| Financial fixed assets | 28 | €10,396,888 | €10,396,888 | = | 0.0% |
| Affiliated companies | 280/1 | €10,396,888 | €10,396,888 | = | 0.0% |
| Participating interests | 280 | €10,396,888 | €10,396,888 | = | 0.0% |
| Companies linked by participating interests | 282/3 | €0 | - | = | |
| Participating interests | 282 | €0 | - | = | |
| Current assets | 29/58 | €1,204,191 | €1,208,197 | +€4,006 | +0.3% |
| Amounts receivable after more than one year | 29 | €1,000,000 | €0 | -€1.0m | -100% |
| Trade receivables | 290 | €1,000,000 | €0 | -€1.0m | -100% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €125,325 | €19,177 | -€106,148 | -84.7% |
| Trade receivables | 40 | €93,205 | €8,710 | -€84,495 | -90.7% |
| Other amounts receivable | 41 | €32,120 | €10,467 | -€21,653 | -67.4% |
| Current investments | 50/53 | €0 | - | = | |
| Other investments | 51/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €49,732 | €1,163,303 | +€1.1m | +2,239% |
| Deferred charges and accrued income | 490/1 | €29,134 | €25,717 | -€3,417 | -11.7% |
| Total equity and liabilities | 10/49 | €11,644,606 | €11,647,400 | +€2,794 | 0.0% |
| Equity | 10/15 | €10,199,319 | €10,229,953 | +€30,634 | +0.3% |
| Contributions | 10/11 | €6,909,346 | €6,909,346 | = | 0.0% |
| Reserves | 13 | €3,289,972 | €3,320,606 | +€30,634 | +0.9% |
| Distributable reserves | 133 | €3,289,972 | €3,320,606 | +€30,634 | +0.9% |
| Provisions and deferred taxes | 16 | €1,364,045 | €1,346,544 | -€17,501 | -1.3% |
| Provisions for liabilities and charges | 160/5 | €1,364,045 | €1,346,544 | -€17,501 | -1.3% |
| Other liabilities and charges | 164/5 | €1,364,045 | €1,346,544 | -€17,501 | -1.3% |
| Amounts payable | 17/49 | €81,243 | €70,904 | -€10,339 | -12.7% |
| Amounts payable within one year | 42/48 | €35,689 | €25,550 | -€10,139 | -28.4% |
| Trade debts | 44 | €18,458 | €9,002 | -€9,456 | -51.2% |
| Suppliers | 440/4 | €18,458 | €9,002 | -€9,456 | -51.2% |
| Taxes, remuneration and social security | 45 | €17,231 | €16,548 | -€682 | -4.0% |
| Taxes | 450/3 | €1,282 | €0 | -€1,282 | -100% |
| Remuneration and social security | 454/9 | €15,949 | €16,548 | +€600 | +3.8% |
| Accrued charges and deferred income | 492/3 | €45,553 | €45,353 | -€200 | -0.4% |
| Operating income | 70/76A | €644,009 | €412,911 | -€231,099 | -35.9% |
| Turnover | 70 | €642,952 | €412,223 | -€230,730 | -35.9% |
| Other operating income | 74 | €1,057 | €688 | -€369 | -34.9% |
| Operating charges | 60/66A | €469,033 | €303,521 | -€165,512 | -35.3% |
| Services and other goods | 61 | €277,851 | €190,664 | -€87,187 | -31.4% |
| Remuneration, social security and pensions | 62 | €161,694 | €97,082 | -€64,613 | -40.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,915 | €15,177 | -€13,738 | -47.5% |
| Other operating charges | 640/8 | €573 | €598 | +€25 | +4.3% |
| Operating profit (loss) | 9901 | €174,976 | €109,389 | -€65,586 | -37.5% |
| Financial income | 75/76B | €763,116 | €93 | -€763,023 | -100.0% |
| Recurring financial income | 75 | €763,116 | €93 | -€763,023 | -100.0% |
| Income from financial fixed assets | 750 | €710,187 | €0 | -€710,187 | -100% |
| Income from current assets | 751 | €8,256 | €0 | -€8,256 | -100% |
| Other financial income | 752/9 | €44,673 | €93 | -€44,580 | -99.8% |
| Financial charges | 65/66B | €112,352 | €68,178 | -€44,174 | -39.3% |
| Recurring financial charges | 65 | €112,352 | €68,178 | -€44,174 | -39.3% |
| Debt charges | 650 | €120,325 | €67,619 | -€52,706 | -43.8% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | -€12,090 | €0 | +€12,090 | |
| Other financial charges | 652/9 | €4,117 | €559 | -€3,558 | -86.4% |
| Profit (loss) for the period before taxes | 9903 | €825,740 | €41,305 | -€784,435 | -95.0% |
| Income taxes | 67/77 | €23,699 | €10,671 | -€13,028 | -55.0% |
| Taxes | 670/3 | €23,699 | €10,671 | -€13,028 | -55.0% |
| Profit (loss) for the period | 9904 | €802,041 | €30,634 | -€771,407 | -96.2% |
| Profit (loss) for the period to be appropriated | 9905 | €802,041 | €30,634 | -€771,407 | -96.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.