Schoenen Etienne: what changed
What changed
Schoenen Etienne
NACE 47.721, Retail sale of footwear
filed annual accounts (NBB)
Net result for the year
-€19,510
2024 · -€25,562+€6,053
Equity
€198,833
2024 · €218,343-€19,510
Cash
€72,430
2024 · €80,091-€7,661
Balance sheet total
€547,632
2024 · €585,154-€37,521
Largest movements
Assets
- Tangible fixed assets -€18,093
down €18,093 (-11.6%), from €156,033 to €137,940
of which Other tangible fixed assets: -€17,481
- Stocks and contracts -€8,582
down €8,582 (-2.7%), from €314,600 to €306,018
- Cash -€7,661
down €7,661 (-9.6%), from €80,091 to €72,430
mainly Net result for the year (-€19,510) and Debts after one year (-€16,269)
Equity and liabilities
- Profit (loss) carried forward -€19,510
down €19,510 (-9.9%), from €196,343 to €176,833
- Debts after one year -€16,269
down €16,269 (-8.6%), from €188,651 to €172,382
Income statement
- Gross operating margin +€14,052
up €14,052 (+15.4%), from €91,241 to €105,293
- Staff costs +€6,270
up €6,270 (+7.1%), from €88,863 to €95,133
- Financial income -€4,731
down €4,731 (-41.3%), from €11,453 to €6,722
- Financial charges -€3,278
down €3,278 (-23.1%), from €14,219 to €10,941
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€25,562
Gross operating margin
+€14,052
Staff costs
-€6,270
Depreciation
-€251
Other operating charges
+€65
Other operating items
-€91
Financial income
-€4,731
Financial charges
+€3,278
Result 2025
-€19,510
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€18,069
Investment
-€3,063
Financing
-€22,668
Cash 2024
€80,091
From operations (derived)
+€18,069
Net result for the year
-€19,510
Depreciation
+€23,557
Stocks and contracts
+€8,582
Receivables within one year
+€4,186
Deferred charges and accrued income
-€3,402
Trade debts
+€1,570
Tax, wage and social debts
+€2,356
Other debts
-€85
Accrued charges and deferred income
+€816
Investment (derived)
-€3,063
Investment in fixed assets (net)
-€3,063
Financing
-€22,668
Debts after one year
-€16,269
Current portion of long-term debt
-€1,449
Short-term financial debts
-€4,950
Cash 2025
€72,430
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €585,154 | €547,632 | -€37,521 | -6.4% |
| Fixed assets | 21/28 | €176,962 | €156,467 | -€20,495 | -11.6% |
| Intangible fixed assets | 21 | €7,856 | €5,396 | -€2,459 | -31.3% |
| Tangible fixed assets | 22/27 | €156,033 | €137,940 | -€18,093 | -11.6% |
| Plant, machinery and equipment | 23 | €2,747 | €2,335 | -€412 | -15.0% |
| Furniture and vehicles | 24 | €235 | €35 | -€200 | -85.3% |
| Other tangible fixed assets | 26 | €153,052 | €135,571 | -€17,481 | -11.4% |
| Financial fixed assets | 28 | €13,073 | €13,130 | +€58 | +0.4% |
| Current assets | 29/58 | €408,192 | €391,165 | -€17,027 | -4.2% |
| Amounts receivable after more than one year | 29 | €500 | €500 | = | 0.0% |
| Other amounts receivable | 291 | €500 | €500 | = | 0.0% |
| Stocks and contracts in progress | 3 | €314,600 | €306,018 | -€8,582 | -2.7% |
| Stocks | 30/36 | €314,600 | €306,018 | -€8,582 | -2.7% |
| Amounts receivable within one year | 40/41 | €10,006 | €5,820 | -€4,186 | -41.8% |
| Trade receivables | 40 | €9,406 | €3,831 | -€5,575 | -59.3% |
| Other amounts receivable | 41 | €600 | €1,989 | +€1,389 | +231% |
| Cash at bank and in hand | 54/58 | €80,091 | €72,430 | -€7,661 | -9.6% |
| Deferred charges and accrued income | 490/1 | €2,995 | €6,397 | +€3,402 | +114% |
| Total equity and liabilities | 10/49 | €585,154 | €547,632 | -€37,521 | -6.4% |
| Equity | 10/15 | €218,343 | €198,833 | -€19,510 | -8.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €196,343 | €176,833 | -€19,510 | -9.9% |
| Amounts payable | 17/49 | €366,811 | €348,799 | -€18,012 | -4.9% |
| Amounts payable after more than one year | 17 | €188,651 | €172,382 | -€16,269 | -8.6% |
| Financial debts | 170/4 | €188,651 | €172,382 | -€16,269 | -8.6% |
| Amounts payable within one year | 42/48 | €168,303 | €165,744 | -€2,558 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | €17,718 | €16,269 | -€1,449 | -8.2% |
| Financial debts | 43 | €104,950 | €100,000 | -€4,950 | -4.7% |
| Credit institutions | 430/8 | €104,950 | €100,000 | -€4,950 | -4.7% |
| Trade debts | 44 | €22,396 | €23,966 | +€1,570 | +7.0% |
| Suppliers | 440/4 | €22,396 | €23,966 | +€1,570 | +7.0% |
| Taxes, remuneration and social security | 45 | €23,154 | €25,509 | +€2,356 | +10.2% |
| Taxes | 450/3 | €15,857 | €16,870 | +€1,013 | +6.4% |
| Remuneration and social security | 454/9 | €7,297 | €8,640 | +€1,343 | +18.4% |
| Other amounts payable | 47/48 | €85 | - | -€85 | |
| Accrued charges and deferred income | 492/3 | €9,857 | €10,673 | +€816 | +8.3% |
| Remuneration, social security and pensions | 62 | €88,863 | €95,133 | +€6,270 | +7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,306 | €23,557 | +€251 | +1.1% |
| Other operating charges | 640/8 | €1,137 | €1,071 | -€65 | -5.8% |
| Non-recurring operating charges | 66A | €732 | €823 | +€91 | +12.5% |
| Gross operating margin | 9900 | €91,241 | €105,293 | +€14,052 | +15.4% |
| Operating profit (loss) | 9901 | -€22,796 | -€15,291 | +€7,505 | +32.9% |
| Financial income | 75/76B | €11,453 | €6,722 | -€4,731 | -41.3% |
| Recurring financial income | 75 | €11,453 | €6,722 | -€4,731 | -41.3% |
| Financial charges | 65/66B | €14,219 | €10,941 | -€3,278 | -23.1% |
| Recurring financial charges | 65 | €14,219 | €10,941 | -€3,278 | -23.1% |
| Profit (loss) for the period before taxes | 9903 | -€25,562 | -€19,510 | +€6,053 | +23.7% |
| Profit (loss) for the period | 9904 | -€25,562 | -€19,510 | +€6,053 | +23.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,562 | -€19,510 | +€6,053 | +23.7% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.