SCHOENAERTS: 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.
SCHOENAERTS
Largest movements
- Current investments -€210,000
down €210,000 (-70.0%), from €300,000 to €90,000
- Cash +€199,332
up €199,332 (+3060.1%), from €6,514 to €205,846
mainly Current investments (+€210,000) and Depreciation (+€19,650)
- Tangible fixed assets -€19,650
down €19,650 (-12.6%), from €155,462 to €135,813
of which Furniture and vehicles: -€10,870
- Reserves -€27,634
down €27,634 (-6.8%), from €404,072 to €376,438
of which Distributable reserves: -€27,634
- Gross operating margin -€11,636
down €11,636, from €5,611 to -€6,025
- Financial income -€6,124
down €6,124 (-72.7%), from €8,422 to €2,298
- Depreciation -€415
down €415 (-2.1%), from €20,064 to €19,650
- Taxes -€114
down €114 (-22.4%), from €508 to €394
- Other operating charges +€85
up €85 (+2.3%), from €3,734 to €3,818
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 | €465,832 | €435,638 | -€30,194 | -6.5% |
| Fixed assets | 21/28 | €155,462 | €135,813 | -€19,650 | -12.6% |
| Tangible fixed assets | 22/27 | €155,462 | €135,813 | -€19,650 | -12.6% |
| Land and buildings | 22 | €142,737 | €134,421 | -€8,316 | -5.8% |
| Plant, machinery and equipment | 23 | €1,856 | €1,392 | -€464 | -25.0% |
| Furniture and vehicles | 24 | €10,870 | €0 | -€10,870 | -100.0% |
| Current assets | 29/58 | €310,370 | €299,826 | -€10,544 | -3.4% |
| Amounts receivable within one year | 40/41 | €2,018 | €2,018 | +€0 | 0.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €2,018 | €2,018 | +€0 | 0.0% |
| Current investments | 50/53 | €300,000 | €90,000 | -€210,000 | -70.0% |
| Cash at bank and in hand | 54/58 | €6,514 | €205,846 | +€199,332 | +3060.1% |
| Deferred charges and accrued income | 490/1 | €1,838 | €1,961 | +€124 | +6.7% |
| Total equity and liabilities | 10/49 | €465,832 | €435,638 | -€30,194 | -6.5% |
| Equity | 10/15 | €460,272 | €432,638 | -€27,634 | -6.0% |
| Contributions | 10/11 | €56,200 | €56,200 | = | 0.0% |
| Reserves | 13 | €404,072 | €376,438 | -€27,634 | -6.8% |
| Non-distributable reserves | 130/1 | €6,860 | €6,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,860 | €6,860 | = | 0.0% |
| Distributable reserves | 133 | €397,212 | €369,578 | -€27,634 | -7.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €5,560 | €3,000 | -€2,560 | -46.0% |
| Amounts payable within one year | 42/48 | €5,560 | €3,000 | -€2,560 | -46.0% |
| Trade debts | 44 | €3,000 | €3,000 | = | 0.0% |
| Suppliers | 440/4 | €3,000 | €3,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,560 | €0 | -€2,560 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,064 | €19,650 | -€415 | -2.1% |
| Other operating charges | 640/8 | €3,734 | €3,818 | +€85 | +2.3% |
| Gross operating margin | 9900 | €5,611 | -€6,025 | -€11,636 | |
| Operating profit (loss) | 9901 | -€18,187 | -€29,493 | -€11,306 | -62.2% |
| Financial income | 75/76B | €8,422 | €2,298 | -€6,124 | -72.7% |
| Recurring financial income | 75 | €8,422 | €2,298 | -€6,124 | -72.7% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€9,810 | -€27,240 | -€17,430 | -177.7% |
| Income taxes | 67/77 | €508 | €394 | -€114 | -22.4% |
| Profit (loss) for the period | 9904 | -€10,318 | -€27,634 | -€17,316 | -167.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,318 | -€27,634 | -€17,316 | -167.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.