Schoenmakerij De Nutte: what changed
Two fiscal 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.
Schoenmakerij De Nutte
Largest movements
- Deferred charges and accrued income -€12,179
down €12,179 (-56.7%), from €21,479 to €9,300
- Tangible fixed assets -€9,406
down €9,406 (-91.5%), from €10,278 to €872
of which Leasing and similar rights: -€8,767
- Current investments +€2,765
up €2,765 (+129.0%), from €2,143 to €4,908
- Cash -€2,569
down €2,569 (-73.0%), from €3,521 to €951
- Receivables within one year -€1,701
down €1,701 (-16.7%), from €10,212 to €8,510
of which Trade receivables: -€8,176
- Short-term financial debts -€14,956
down €14,956 (-99.7%), from €15,000 to €44
of which Other loans: -€15,000
- Current portion of long-term debt -€13,813
no longer reported in 2024 (was €13,813)
- Profit (loss) carried forward +€13,029
no longer reported in 2024 (was -€13,029)
- Trade debts -€9,482
down €9,482 (-72.5%), from €13,070 to €3,588
- Reserves +€2,967
up €2,967 (+43.6%), from €6,809 to €9,776
of which Distributable reserves: +€4,827
- Gross operating margin +€10,287
up €10,287 (+38.5%), from €26,692 to €36,979
- Depreciation -€10,009
down €10,009 (-50.5%), from €19,815 to €9,806
- Other operating charges +€2,209
up €2,209 (+116.6%), from €1,895 to €4,104
- Taxes +€1,615
up €1,615 (+42.8%), from €3,776 to €5,391
- Financial charges -€1,118
down €1,118 (-50.6%), from €2,210 to €1,092
From the 2023 result to the 2024 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €69,793 | €46,000 | -€23,792 | -34.1% |
| Fixed assets | 21/28 | €13,378 | €3,833 | -€9,545 | -71.4% |
| Intangible fixed assets | 21 | €400 | - | -€400 | |
| Tangible fixed assets | 22/27 | €10,278 | €872 | -€9,406 | -91.5% |
| Plant, machinery and equipment | 23 | €1,512 | €872 | -€640 | -42.3% |
| Leasing and similar rights | 25 | €8,767 | - | -€8,767 | |
| Financial fixed assets | 28 | €2,700 | €2,961 | +€261 | +9.7% |
| Current assets | 29/58 | €56,415 | €42,168 | -€14,247 | -25.3% |
| Stocks and contracts in progress | 3 | €19,061 | €18,499 | -€562 | -2.9% |
| Stocks | 30/36 | €19,061 | €18,499 | -€562 | -2.9% |
| Amounts receivable within one year | 40/41 | €10,212 | €8,510 | -€1,701 | -16.7% |
| Trade receivables | 40 | €10,212 | €2,036 | -€8,176 | -80.1% |
| Other amounts receivable | 41 | - | €6,474 | +€6,474 | |
| Current investments | 50/53 | €2,143 | €4,908 | +€2,765 | +129.0% |
| Cash at bank and in hand | 54/58 | €3,521 | €951 | -€2,569 | -73.0% |
| Deferred charges and accrued income | 490/1 | €21,479 | €9,300 | -€12,179 | -56.7% |
| Total equity and liabilities | 10/49 | €69,793 | €46,000 | -€23,792 | -34.1% |
| Equity | 10/15 | €12,380 | €28,376 | +€15,996 | +129.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,809 | €9,776 | +€2,967 | +43.6% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €4,949 | €9,776 | +€4,827 | +97.5% |
| Profit (loss) carried forward | 14 | -€13,029 | - | +€13,029 | |
| Amounts payable | 17/49 | €57,413 | €17,624 | -€39,788 | -69.3% |
| Amounts payable within one year | 42/48 | €56,413 | €14,944 | -€41,468 | -73.5% |
| Current portion of amounts payable after more than one year | 42 | €13,813 | - | -€13,813 | |
| Financial debts | 43 | €15,000 | €44 | -€14,956 | -99.7% |
| Credit institutions | 430/8 | - | €44 | +€44 | |
| Other loans | 439 | €15,000 | - | -€15,000 | |
| Trade debts | 44 | €13,070 | €3,588 | -€9,482 | -72.5% |
| Suppliers | 440/4 | €13,070 | €3,588 | -€9,482 | -72.5% |
| Advances received on contracts in progress | 46 | €779 | - | -€779 | |
| Taxes, remuneration and social security | 45 | €11,665 | €11,313 | -€352 | -3.0% |
| Taxes | 450/3 | €11,665 | €11,313 | -€352 | -3.0% |
| Other amounts payable | 47/48 | €2,085 | - | -€2,085 | |
| Accrued charges and deferred income | 492/3 | €1,000 | €2,680 | +€1,680 | +168.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,815 | €9,806 | -€10,009 | -50.5% |
| Other operating charges | 640/8 | €1,895 | €4,104 | +€2,209 | +116.6% |
| Non-recurring operating charges | 66A | - | €855 | +€855 | |
| Gross operating margin | 9900 | €26,692 | €36,979 | +€10,287 | +38.5% |
| Operating profit (loss) | 9901 | €4,982 | €22,213 | +€17,231 | +345.9% |
| Financial income | 75/76B | €93 | €266 | +€173 | +185.2% |
| Recurring financial income | 75 | €93 | €266 | +€173 | +185.2% |
| Financial charges | 65/66B | €2,210 | €1,092 | -€1,118 | -50.6% |
| Recurring financial charges | 65 | €2,210 | €1,092 | -€1,118 | -50.6% |
| Profit (loss) for the period before taxes | 9903 | €2,866 | €21,387 | +€18,522 | +646.3% |
| Income taxes | 67/77 | €3,776 | €5,391 | +€1,615 | +42.8% |
| Profit (loss) for the period | 9904 | -€910 | €15,996 | +€16,906 | |
| Profit (loss) for the period to be appropriated | 9905 | -€910 | €15,996 | +€16,906 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.