SCHOETERS: 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.
SCHOETERS
Largest movements
- Cash -€39,681
down €39,681 (-59.0%), from €67,237 to €27,556
mainly Net result for the year (-€61,750) and Other debts (-€20,000)
- Tangible fixed assets -€34,225
down €34,225 (-15.5%), from €221,262 to €187,037
of which Furniture and vehicles: -€24,419
- Receivables within one year -€12,898
down €12,898 (-10.8%), from €119,529 to €106,631
of which Trade receivables: -€10,360
- Profit (loss) carried forward -€61,750
new in 2024: -€61,750
- Other debts -€20,000
no longer reported in 2024 (was €20,000)
- Gross operating margin -€594,042
down €594,042, from €567,741 to -€26,301
- Staff costs -€251,097
no longer reported in 2024 (was €251,097)
- Financial charges -€88,577
down €88,577 (-98.7%), from €89,762 to €1,186
- Taxes -€31,282
down €31,282 (-98.8%), from €31,663 to €381
- Other operating charges -€6,454
down €6,454 (-67.9%), from €9,505 to €3,051
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
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €565,610 | €478,807 | -€86,803 | -15.3% |
| Fixed assets | 21/28 | €233,512 | €199,287 | -€34,225 | -14.7% |
| Tangible fixed assets | 22/27 | €221,262 | €187,037 | -€34,225 | -15.5% |
| Land and buildings | 22 | €154,895 | €145,090 | -€9,806 | -6.3% |
| Furniture and vehicles | 24 | €66,367 | €41,948 | -€24,419 | -36.8% |
| Financial fixed assets | 28 | €12,250 | €12,250 | = | 0.0% |
| Current assets | 29/58 | €332,098 | €279,520 | -€52,578 | -15.8% |
| Amounts receivable after more than one year | 29 | €145,000 | €145,000 | = | 0.0% |
| Other amounts receivable | 291 | €145,000 | €145,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €119,529 | €106,631 | -€12,898 | -10.8% |
| Trade receivables | 40 | €11,885 | €1,525 | -€10,360 | -87.2% |
| Other amounts receivable | 41 | €107,644 | €105,106 | -€2,538 | -2.4% |
| Current investments | 50/53 | €332 | €333 | +€1 | +0.2% |
| Cash at bank and in hand | 54/58 | €67,237 | €27,556 | -€39,681 | -59.0% |
| Total equity and liabilities | 10/49 | €565,610 | €478,807 | -€86,803 | -15.3% |
| Equity | 10/15 | €536,292 | €474,542 | -€61,750 | -11.5% |
| Contributions | 10/11 | €162,200 | €162,200 | = | 0.0% |
| Reserves | 13 | €374,092 | €374,092 | = | 0.0% |
| Distributable reserves | 133 | €374,092 | €374,092 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€61,750 | -€61,750 | |
| Amounts payable | 17/49 | €29,318 | €4,265 | -€25,052 | -85.5% |
| Amounts payable within one year | 42/48 | €29,318 | €4,265 | -€25,052 | -85.5% |
| Current portion of amounts payable after more than one year | 42 | €1,576 | - | -€1,576 | |
| Trade debts | 44 | €7,232 | €3,885 | -€3,348 | -46.3% |
| Suppliers | 440/4 | €7,232 | €3,885 | -€3,348 | -46.3% |
| Taxes, remuneration and social security | 45 | €510 | €381 | -€129 | -25.3% |
| Taxes | 450/3 | €510 | €381 | -€129 | -25.3% |
| Other amounts payable | 47/48 | €20,000 | - | -€20,000 | |
| Remuneration, social security and pensions | 62 | €251,097 | - | -€251,097 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,473 | €34,225 | +€1,752 | +5.4% |
| Other operating charges | 640/8 | €9,505 | €3,051 | -€6,454 | -67.9% |
| Gross operating margin | 9900 | €567,741 | -€26,301 | -€594,042 | |
| Operating profit (loss) | 9901 | €274,666 | -€63,577 | -€338,243 | |
| Financial income | 75/76B | €2,327 | €3,394 | +€1,067 | +45.8% |
| Recurring financial income | 75 | €2,327 | €3,394 | +€1,067 | +45.8% |
| Financial charges | 65/66B | €89,762 | €1,186 | -€88,577 | -98.7% |
| Recurring financial charges | 65 | €89,762 | €1,186 | -€88,577 | -98.7% |
| Profit (loss) for the period before taxes | 9903 | €187,231 | -€61,369 | -€248,600 | |
| Income taxes | 67/77 | €31,663 | €381 | -€31,282 | -98.8% |
| Profit (loss) for the period | 9904 | €155,568 | -€61,750 | -€217,318 | |
| Profit (loss) for the period to be appropriated | 9905 | €155,568 | -€61,750 | -€217,318 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.