SCHOCKAERT: 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.
SCHOCKAERT
Largest movements
- Cash +€100,581
up €100,581 (+36.9%), from €272,714 to €373,295
mainly Net result for the year (+€70,630) and Receivables within one year (+€53,549)
- Receivables within one year -€53,549
down €53,549 (-17.7%), from €302,164 to €248,615
of which Trade receivables: -€61,019
- Stocks and contracts -€20,334
down €20,334 (-10.7%), from €190,804 to €170,470
of which Contracts in progress: -€15,204
- Reserves +€70,630
up €70,630 (+11.1%), from €637,712 to €708,343
of which Distributable reserves: +€102,205
- Accrued charges and deferred income -€50,320
no longer reported in 2025 (was €50,320)
- Trade debts +€15,959
up €15,959 (+64.7%), from €24,683 to €40,642
- Gross operating margin -€64,990
down €64,990 (-20.0%), from €325,379 to €260,389
- Staff costs -€23,738
down €23,738 (-12.4%), from €191,412 to €167,673
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 | €770,584 | €800,959 | +€30,375 | +3.9% |
| Fixed assets | 21/28 | €1,526 | €704 | -€822 | -53.9% |
| Tangible fixed assets | 22/27 | €1,526 | €704 | -€822 | -53.9% |
| Plant, machinery and equipment | 23 | €1,002 | €572 | -€429 | -42.9% |
| Furniture and vehicles | 24 | €524 | €131 | -€393 | -75.0% |
| Current assets | 29/58 | €769,058 | €800,255 | +€31,198 | +4.1% |
| Stocks and contracts in progress | 3 | €190,804 | €170,470 | -€20,334 | -10.7% |
| Stocks | 30/36 | €175,601 | €170,470 | -€5,131 | -2.9% |
| Contracts in progress | 37 | €15,204 | - | -€15,204 | |
| Amounts receivable within one year | 40/41 | €302,164 | €248,615 | -€53,549 | -17.7% |
| Trade receivables | 40 | €148,994 | €87,975 | -€61,019 | -41.0% |
| Other amounts receivable | 41 | €153,170 | €160,640 | +€7,471 | +4.9% |
| Cash at bank and in hand | 54/58 | €272,714 | €373,295 | +€100,581 | +36.9% |
| Deferred charges and accrued income | 490/1 | €3,375 | €7,875 | +€4,500 | +133.3% |
| Total equity and liabilities | 10/49 | €770,584 | €800,959 | +€30,375 | +3.9% |
| Equity | 10/15 | €678,632 | €749,263 | +€70,630 | +10.4% |
| Contributions | 10/11 | €40,920 | €40,920 | = | 0.0% |
| Reserves | 13 | €637,712 | €708,343 | +€70,630 | +11.1% |
| Tax-exempt reserves | 132 | €32,722 | €1,147 | -€31,575 | -96.5% |
| Distributable reserves | 133 | €604,991 | €707,196 | +€102,205 | +16.9% |
| Amounts payable | 17/49 | €91,951 | €51,696 | -€40,255 | -43.8% |
| Amounts payable within one year | 42/48 | €41,631 | €51,696 | +€10,065 | +24.2% |
| Trade debts | 44 | €24,683 | €40,642 | +€15,959 | +64.7% |
| Suppliers | 440/4 | €24,683 | €40,642 | +€15,959 | +64.7% |
| Taxes, remuneration and social security | 45 | €16,948 | €11,054 | -€5,894 | -34.8% |
| Taxes | 450/3 | €1,665 | €1,665 | = | 0.0% |
| Remuneration and social security | 454/9 | €15,283 | €9,389 | -€5,894 | -38.6% |
| Accrued charges and deferred income | 492/3 | €50,320 | - | -€50,320 | |
| Remuneration, social security and pensions | 62 | €191,412 | €167,673 | -€23,738 | -12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €850 | €822 | -€28 | -3.3% |
| Other operating charges | 640/8 | €260 | €654 | +€394 | +151.4% |
| Gross operating margin | 9900 | €325,379 | €260,389 | -€64,990 | -20.0% |
| Operating profit (loss) | 9901 | €132,857 | €91,240 | -€41,617 | -31.3% |
| Financial income | 75/76B | €3,951 | €4,856 | +€905 | +22.9% |
| Recurring financial income | 75 | €3,951 | €4,856 | +€905 | +22.9% |
| Financial charges | 65/66B | €701 | €1,114 | +€412 | +58.8% |
| Recurring financial charges | 65 | €701 | €1,114 | +€412 | +58.8% |
| Profit (loss) for the period before taxes | 9903 | €136,107 | €94,982 | -€41,124 | -30.2% |
| Income taxes | 67/77 | €21,665 | €24,352 | +€2,687 | +12.4% |
| Profit (loss) for the period | 9904 | €114,442 | €70,630 | -€43,812 | -38.3% |
| Transfer from tax-exempt reserves | 789 | - | €31,575 | +€31,575 | |
| Profit (loss) for the period to be appropriated | 9905 | €114,442 | €102,205 | -€12,237 | -10.7% |
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 30 September 2026 via checked.be.