SCHOENEN SLAETS: 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.
SCHOENEN SLAETS
Largest movements
- Cash +€112,091
up €112,091 (+30.0%), from €374,215 to €486,306
mainly Net result for the year (+€170,196) and Stocks and contracts (+€17,326)
- Stocks and contracts -€17,326
down €17,326 (-3.4%), from €502,514 to €485,188
- Tangible fixed assets -€14,033
down €14,033 (-34.6%), from €40,597 to €26,564
of which Furniture and vehicles: -€13,524
- Reserves +€118,306
up €118,306 (+15.7%), from €754,785 to €873,091
- Debts after one year -€14,853
down €14,853 (-100%), from €14,853 to €0
- Tax, wage and social debts -€11,633
down €11,633 (-28.9%), from €40,248 to €28,615
of which Taxes: -€13,506
- Gross operating margin -€14,537
down €14,537 (-4.1%), from €357,291 to €342,754
- Write-downs -€7,841
down €7,841, from €5,478 to -€2,363
- Staff costs +€7,529
up €7,529 (+10.5%), from €71,957 to €79,487
- Taxes -€4,372
down €4,372 (-5.6%), from €77,683 to €73,311
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 | €918,098 | €999,616 | +€81,518 | +8.9% |
| Fixed assets | 21/28 | €40,597 | €26,564 | -€14,033 | -34.6% |
| Tangible fixed assets | 22/27 | €40,597 | €26,564 | -€14,033 | -34.6% |
| Plant, machinery and equipment | 23 | €1,655 | €1,146 | -€509 | -30.8% |
| Furniture and vehicles | 24 | €38,941 | €25,418 | -€13,524 | -34.7% |
| Current assets | 29/58 | €877,502 | €973,053 | +€95,551 | +10.9% |
| Stocks and contracts in progress | 3 | €502,514 | €485,188 | -€17,326 | -3.4% |
| Stocks | 30/36 | €502,514 | €485,188 | -€17,326 | -3.4% |
| Amounts receivable within one year | 40/41 | €772 | €1,559 | +€787 | +102% |
| Trade receivables | 40 | €762 | €1,546 | +€784 | +103% |
| Other amounts receivable | 41 | €10 | €13 | +€3 | +25.0% |
| Cash at bank and in hand | 54/58 | €374,215 | €486,306 | +€112,091 | +30.0% |
| Total equity and liabilities | 10/49 | €918,098 | €999,616 | +€81,518 | +8.9% |
| Equity | 10/15 | €773,385 | €891,691 | +€118,306 | +15.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €754,785 | €873,091 | +€118,306 | +15.7% |
| Distributable reserves | 133 | €754,785 | €873,091 | +€118,306 | +15.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €50,000 | €50,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €50,000 | €50,000 | = | 0.0% |
| Environmental obligations | 163 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable | 17/49 | €94,713 | €57,925 | -€36,788 | -38.8% |
| Amounts payable after more than one year | 17 | €14,853 | €0 | -€14,853 | -100% |
| Financial debts | 170/4 | €14,853 | €0 | -€14,853 | -100% |
| Amounts payable within one year | 42/48 | €79,860 | €57,925 | -€21,935 | -27.5% |
| Current portion of amounts payable after more than one year | 42 | €15,626 | €14,853 | -€773 | -4.9% |
| Trade debts | 44 | €23,527 | €13,982 | -€9,545 | -40.6% |
| Suppliers | 440/4 | €23,527 | €13,982 | -€9,545 | -40.6% |
| Taxes, remuneration and social security | 45 | €40,248 | €28,615 | -€11,633 | -28.9% |
| Taxes | 450/3 | €32,499 | €18,993 | -€13,506 | -41.6% |
| Remuneration and social security | 454/9 | €7,749 | €9,622 | +€1,873 | +24.2% |
| Other amounts payable | 47/48 | €459 | €474 | +€15 | +3.3% |
| Remuneration, social security and pensions | 62 | €71,957 | €79,487 | +€7,529 | +10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,033 | €14,033 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,478 | -€2,363 | -€7,841 | |
| Other operating charges | 640/8 | €9,133 | €8,257 | -€876 | -9.6% |
| Gross operating margin | 9900 | €357,291 | €342,754 | -€14,537 | -4.1% |
| Operating profit (loss) | 9901 | €256,689 | €243,340 | -€13,349 | -5.2% |
| Financial income | 75/76B | €1,374 | €1,557 | +€183 | +13.3% |
| Recurring financial income | 75 | €1,374 | €1,557 | +€183 | +13.3% |
| Financial charges | 65/66B | €1,934 | €1,391 | -€544 | -28.1% |
| Recurring financial charges | 65 | €1,934 | €1,391 | -€544 | -28.1% |
| Profit (loss) for the period before taxes | 9903 | €256,129 | €243,507 | -€12,622 | -4.9% |
| Income taxes | 67/77 | €77,683 | €73,311 | -€4,372 | -5.6% |
| Profit (loss) for the period | 9904 | €178,446 | €170,196 | -€8,250 | -4.6% |
| Profit (loss) for the period to be appropriated | 9905 | €178,446 | €170,196 | -€8,250 | -4.6% |
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 31 October 2026 via checked.be.