SCHOENEN VAN MIGERODE: 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 VAN MIGERODE
Largest movements
- Cash -€7,388
down €7,388 (-5.1%), from €143,779 to €136,391
mainly Net result for the year (-€11,039) and Contributions, distributions and other (-€933)
- Tangible fixed assets -€2,644
down €2,644 (-10.8%), from €24,401 to €21,757
of which Land and buildings: -€2,471
- Profit (loss) carried forward -€11,972
down €11,972 (-34.0%), from €35,262 to €23,290
- Gross operating margin +€6,943
up €6,943 (+75.0%), from -€9,256 to -€2,313
- Depreciation -€4,435
down €4,435 (-62.6%), from €7,079 to €2,644
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 | €171,180 | €159,679 | -€11,501 | -6.7% |
| Fixed assets | 21/28 | €24,401 | €21,757 | -€2,644 | -10.8% |
| Tangible fixed assets | 22/27 | €24,401 | €21,757 | -€2,644 | -10.8% |
| Land and buildings | 22 | €23,984 | €21,513 | -€2,471 | -10.3% |
| Plant, machinery and equipment | 23 | €105 | €24 | -€81 | -77.2% |
| Furniture and vehicles | 24 | €312 | €220 | -€92 | -29.6% |
| Current assets | 29/58 | €146,779 | €137,922 | -€8,856 | -6.0% |
| Amounts receivable within one year | 40/41 | €191 | - | -€191 | |
| Other amounts receivable | 41 | €191 | - | -€191 | |
| Cash at bank and in hand | 54/58 | €143,779 | €136,391 | -€7,388 | -5.1% |
| Deferred charges and accrued income | 490/1 | €2,809 | €1,532 | -€1,277 | -45.5% |
| Total equity and liabilities | 10/49 | €171,180 | €159,679 | -€11,501 | -6.7% |
| Equity | 10/15 | €166,874 | €154,902 | -€11,972 | -7.2% |
| Contributions | 10/11 | €87,000 | €87,000 | = | 0.0% |
| Reserves | 13 | €44,612 | €44,612 | = | 0.0% |
| Distributable reserves | 133 | €44,612 | €44,612 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,262 | €23,290 | -€11,972 | -34.0% |
| Amounts payable | 17/49 | €4,306 | €4,777 | +€471 | +10.9% |
| Amounts payable within one year | 42/48 | €2,771 | €2,839 | +€68 | +2.5% |
| Trade debts | 44 | €273 | €477 | +€204 | +74.7% |
| Suppliers | 440/4 | €273 | €477 | +€204 | +74.7% |
| Taxes, remuneration and social security | 45 | - | €128 | +€128 | |
| Taxes | 450/3 | - | €128 | +€128 | |
| Other amounts payable | 47/48 | €2,498 | €2,234 | -€263 | -10.5% |
| Accrued charges and deferred income | 492/3 | €1,535 | €1,938 | +€403 | +26.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,079 | €2,644 | -€4,435 | -62.6% |
| Other operating charges | 640/8 | €6,005 | €5,954 | -€51 | -0.8% |
| Non-recurring operating charges | 66A | €395 | - | -€395 | |
| Gross operating margin | 9900 | -€9,256 | -€2,313 | +€6,943 | +75.0% |
| Operating profit (loss) | 9901 | -€22,735 | -€10,912 | +€11,823 | +52.0% |
| Financial income | 75/76B | €368 | €369 | +€1 | +0.2% |
| Recurring financial income | 75 | €368 | €369 | +€1 | +0.2% |
| Financial charges | 65/66B | €247 | €258 | +€11 | +4.4% |
| Recurring financial charges | 65 | €247 | €258 | +€11 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | -€22,614 | -€10,801 | +€11,813 | +52.2% |
| Transfer from deferred taxes | 780 | €403 | - | -€403 | |
| Income taxes | 67/77 | €219 | €238 | +€19 | +8.8% |
| Profit (loss) for the period | 9904 | -€22,430 | -€11,039 | +€11,391 | +50.8% |
| Transfer from tax-exempt reserves | 789 | €599 | - | -€599 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,831 | -€11,039 | +€10,792 | +49.4% |
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 15 October 2026 via checked.be.