SCHNACKERS LM: 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.
SCHNACKERS LM
Largest movements
- Cash +€22,934
up €22,934 (+22.4%), from €102,473 to €125,407
mainly Net result for the year (+€8,476) and Depreciation (+€5,822)
- Receivables within one year +€7,085
up €7,085 (+11.8%), from €60,115 to €67,201
of which Trade receivables: +€25,738
- Tangible fixed assets -€5,822
down €5,822 (-67.1%), from €8,679 to €2,856
of which Furniture and vehicles: -€4,061
- Stocks and contracts -€5,673
down €5,673 (-100%), from €5,673 to €0
- Profit (loss) carried forward +€8,476
up €8,476 (+14.4%), from €58,702 to €67,178
- Tax, wage and social debts +€5,614
up €5,614 (+51.8%), from €10,831 to €16,445
of which Taxes: +€5,614
- Trade debts +€4,633
up €4,633 (+77.2%), from €6,001 to €10,634
- Gross operating margin +€7,364
up €7,364 (+53.7%), from €13,710 to €21,074
- Depreciation +€4,113
up €4,113 (+241%), from €1,709 to €5,822
- Taxes +€1,513
up €1,513 (+35.8%), from €4,220 to €5,733
- Other operating charges +€422
up €422 (+55.9%), from €755 to €1,177
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €177,430 | €195,954 | +€18,524 | +10.4% |
| Fixed assets | 21/28 | €8,679 | €2,856 | -€5,822 | -67.1% |
| Tangible fixed assets | 22/27 | €8,679 | €2,856 | -€5,822 | -67.1% |
| Plant, machinery and equipment | 23 | €1,761 | €0 | -€1,761 | -100.0% |
| Furniture and vehicles | 24 | €6,918 | €2,856 | -€4,061 | -58.7% |
| Current assets | 29/58 | €168,751 | €193,098 | +€24,347 | +14.4% |
| Stocks and contracts in progress | 3 | €5,673 | €0 | -€5,673 | -100% |
| Stocks | 30/36 | €5,673 | €0 | -€5,673 | -100% |
| Amounts receivable within one year | 40/41 | €60,115 | €67,201 | +€7,085 | +11.8% |
| Trade receivables | 40 | €41,463 | €67,201 | +€25,738 | +62.1% |
| Other amounts receivable | 41 | €18,653 | €0 | -€18,653 | -100% |
| Cash at bank and in hand | 54/58 | €102,473 | €125,407 | +€22,934 | +22.4% |
| Deferred charges and accrued income | 490/1 | €490 | €490 | = | 0.0% |
| Total equity and liabilities | 10/49 | €177,430 | €195,954 | +€18,524 | +10.4% |
| Equity | 10/15 | €160,597 | €168,875 | +€8,278 | +5.2% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €41,500 | €41,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,000 | €6,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,000 | €6,000 | = | 0.0% |
| Distributable reserves | 133 | €35,500 | €35,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,702 | €67,178 | +€8,476 | +14.4% |
| Investment grants | 15 | €395 | €197 | -€198 | -50.1% |
| Amounts payable | 17/49 | €16,832 | €27,079 | +€10,247 | +60.9% |
| Amounts payable within one year | 42/48 | €16,832 | €27,079 | +€10,247 | +60.9% |
| Trade debts | 44 | €6,001 | €10,634 | +€4,633 | +77.2% |
| Suppliers | 440/4 | €6,001 | €10,634 | +€4,633 | +77.2% |
| Taxes, remuneration and social security | 45 | €10,831 | €16,445 | +€5,614 | +51.8% |
| Taxes | 450/3 | €10,816 | €16,430 | +€5,614 | +51.9% |
| Remuneration and social security | 454/9 | €15 | €15 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,709 | €5,822 | +€4,113 | +241% |
| Other operating charges | 640/8 | €755 | €1,177 | +€422 | +55.9% |
| Gross operating margin | 9900 | €13,710 | €21,074 | +€7,364 | +53.7% |
| Operating profit (loss) | 9901 | €11,247 | €14,075 | +€2,828 | +25.1% |
| Financial income | 75/76B | €198 | €198 | = | 0.0% |
| Recurring financial income | 75 | €198 | €198 | = | 0.0% |
| Financial charges | 65/66B | €39 | €64 | +€24 | +61.9% |
| Recurring financial charges | 65 | €39 | €64 | +€24 | +61.9% |
| Profit (loss) for the period before taxes | 9903 | €11,405 | €14,209 | +€2,804 | +24.6% |
| Income taxes | 67/77 | €4,220 | €5,733 | +€1,513 | +35.8% |
| Profit (loss) for the period | 9904 | €7,185 | €8,476 | +€1,291 | +18.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,185 | €8,476 | +€1,291 | +18.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.