SCHOLIERS: 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.
SCHOLIERS
Largest movements
- Cash +€19,751
up €19,751 (+40.0%), from €49,335 to €69,086
mainly Receivables within one year (+€16,889) and Net result for the year (+€7,514)
- Receivables within one year -€16,889
down €16,889 (-31.0%), from €54,426 to €37,538
of which Trade receivables: -€9,529
- Tangible fixed assets -€4,765
down €4,765 (-5.4%), from €87,769 to €83,004
of which Land and buildings: -€4,376
- Reserves +€7,514
up €7,514 (+5.4%), from €138,159 to €145,673
- Debts after one year -€6,327
down €6,327 (-92.3%), from €6,858 to €531
- Tax, wage and social debts -€2,388
down €2,388 (-19.0%), from €12,593 to €10,205
- Gross operating margin -€23,689
down €23,689 (-55.1%), from €43,010 to €19,321
- Taxes -€6,902
down €6,902 (-60.5%), from €11,409 to €4,508
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.
Cash bridge derived
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 | €191,530 | €189,628 | -€1,903 | -1.0% |
| Fixed assets | 21/28 | €87,769 | €83,004 | -€4,765 | -5.4% |
| Tangible fixed assets | 22/27 | €87,769 | €83,004 | -€4,765 | -5.4% |
| Land and buildings | 22 | €86,557 | €82,181 | -€4,376 | -5.1% |
| Plant, machinery and equipment | 23 | €1,212 | €823 | -€389 | -32.1% |
| Current assets | 29/58 | €103,762 | €106,624 | +€2,862 | +2.8% |
| Amounts receivable within one year | 40/41 | €54,426 | €37,538 | -€16,889 | -31.0% |
| Trade receivables | 40 | €9,529 | - | -€9,529 | |
| Other amounts receivable | 41 | €44,898 | €37,538 | -€7,360 | -16.4% |
| Cash at bank and in hand | 54/58 | €49,335 | €69,086 | +€19,751 | +40.0% |
| Total equity and liabilities | 10/49 | €191,530 | €189,628 | -€1,903 | -1.0% |
| Equity | 10/15 | €158,159 | €165,673 | +€7,514 | +4.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €138,159 | €145,673 | +€7,514 | +5.4% |
| Distributable reserves | 133 | €138,159 | €145,673 | +€7,514 | +5.4% |
| Amounts payable | 17/49 | €33,371 | €23,955 | -€9,416 | -28.2% |
| Amounts payable after more than one year | 17 | €6,858 | €531 | -€6,327 | -92.3% |
| Financial debts | 170/4 | €6,858 | €531 | -€6,327 | -92.3% |
| Amounts payable within one year | 42/48 | €26,513 | €23,424 | -€3,089 | -11.7% |
| Current portion of amounts payable after more than one year | 42 | €6,251 | €6,327 | +€76 | +1.2% |
| Trade debts | 44 | €1,648 | €425 | -€1,223 | -74.2% |
| Suppliers | 440/4 | €1,648 | €425 | -€1,223 | -74.2% |
| Taxes, remuneration and social security | 45 | €12,593 | €10,205 | -€2,388 | -19.0% |
| Taxes | 450/3 | €12,593 | €10,205 | -€2,388 | -19.0% |
| Other amounts payable | 47/48 | €6,022 | €6,467 | +€445 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,935 | €4,765 | -€170 | -3.4% |
| Other operating charges | 640/8 | €2,347 | €2,363 | +€16 | +0.7% |
| Gross operating margin | 9900 | €43,010 | €19,321 | -€23,689 | -55.1% |
| Operating profit (loss) | 9901 | €35,729 | €12,193 | -€23,536 | -65.9% |
| Financial income | 75/76B | €109 | €279 | +€171 | +157.1% |
| Recurring financial income | 75 | €109 | €279 | +€171 | +157.1% |
| Financial charges | 65/66B | €385 | €451 | +€66 | +17.1% |
| Recurring financial charges | 65 | €385 | €451 | +€66 | +17.1% |
| Profit (loss) for the period before taxes | 9903 | €35,452 | €12,021 | -€23,431 | -66.1% |
| Income taxes | 67/77 | €11,409 | €4,508 | -€6,902 | -60.5% |
| Profit (loss) for the period | 9904 | €24,043 | €7,514 | -€16,529 | -68.7% |
| Profit (loss) for the period to be appropriated | 9905 | €24,043 | €7,514 | -€16,529 | -68.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.