SCHODEP: 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.
SCHODEP
Largest movements
- Receivables within one year +€140,594
up €140,594 (+49.8%), from €282,094 to €422,688
of which Other amounts receivable: +€139,784
- Cash +€82,428
up €82,428 (+9.2%), from €894,413 to €976,842
mainly Net result for the year (+€277,147) and Depreciation (+€25,453)
- Reserves +€232,147
up €232,147 (+10.6%), from €2.2m to €2.4m
of which Distributable reserves: +€248,576
- Financial income +€49,697
up €49,697 (+59.6%), from €83,441 to €133,138
- Gross operating margin +€37,035
up €37,035 (+16.9%), from €218,869 to €255,903
- Purchases and services -€33,809
down €33,809 (-44.2%), from €76,473 to €42,664
- Taxes +€10,973
up €10,973 (+16.6%), from €65,911 to €76,884
- Turnover +€3,226
up €3,226 (+1.1%), from €295,342 to €298,568
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,272,622 | €2,515,691 | +€243,069 | +10.7% |
| Fixed assets | 21/28 | €1,096,115 | €1,116,162 | +€20,047 | +1.8% |
| Tangible fixed assets | 22/27 | €321,115 | €341,162 | +€20,047 | +6.2% |
| Land and buildings | 22 | €321,115 | €341,162 | +€20,047 | +6.2% |
| Financial fixed assets | 28 | €775,000 | €775,000 | = | 0.0% |
| Current assets | 29/58 | €1,176,507 | €1,399,530 | +€223,023 | +19.0% |
| Amounts receivable within one year | 40/41 | €282,094 | €422,688 | +€140,594 | +49.8% |
| Trade receivables | 40 | €24,962 | €25,772 | +€811 | +3.2% |
| Other amounts receivable | 41 | €257,132 | €396,916 | +€139,784 | +54.4% |
| Cash at bank and in hand | 54/58 | €894,413 | €976,842 | +€82,428 | +9.2% |
| Total equity and liabilities | 10/49 | €2,272,622 | €2,515,691 | +€243,069 | +10.7% |
| Equity | 10/15 | €2,214,422 | €2,446,569 | +€232,147 | +10.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €2,195,830 | €2,427,977 | +€232,147 | +10.6% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €106,733 | €90,303 | -€16,429 | -15.4% |
| Distributable reserves | 133 | €2,087,239 | €2,335,815 | +€248,576 | +11.9% |
| Amounts payable | 17/49 | €58,200 | €69,122 | +€10,922 | +18.8% |
| Amounts payable within one year | 42/48 | €58,200 | €69,122 | +€10,922 | +18.8% |
| Trade debts | 44 | €40 | - | -€40 | |
| Suppliers | 440/4 | €40 | - | -€40 | |
| Taxes, remuneration and social security | 45 | €24,210 | €20,172 | -€4,038 | -16.7% |
| Taxes | 450/3 | €24,210 | €20,172 | -€4,038 | -16.7% |
| Other amounts payable | 47/48 | €33,950 | €48,950 | +€15,000 | +44.2% |
| Turnover | 70 | €295,342 | €298,568 | +€3,226 | +1.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €76,473 | €42,664 | -€33,809 | -44.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,453 | €25,453 | = | 0.0% |
| Other operating charges | 640/8 | €6,302 | €9,508 | +€3,205 | +50.9% |
| Gross operating margin | 9900 | €218,869 | €255,903 | +€37,035 | +16.9% |
| Operating profit (loss) | 9901 | €187,113 | €220,943 | +€33,829 | +18.1% |
| Financial income | 75/76B | €83,441 | €133,138 | +€49,697 | +59.6% |
| Recurring financial income | 75 | €83,441 | €133,138 | +€49,697 | +59.6% |
| Financial charges | 65/66B | €39 | €50 | +€11 | +28.6% |
| Recurring financial charges | 65 | €39 | €50 | +€11 | +28.6% |
| Profit (loss) for the period before taxes | 9903 | €270,515 | €354,031 | +€83,516 | +30.9% |
| Income taxes | 67/77 | €65,911 | €76,884 | +€10,973 | +16.6% |
| Profit (loss) for the period | 9904 | €204,604 | €277,147 | +€72,542 | +35.5% |
| Transfer from tax-exempt reserves | 789 | €16,429 | €16,429 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €221,034 | €293,576 | +€72,542 | +32.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.