SCHOLLAERT: 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.
SCHOLLAERT
Largest movements
- Receivables within one year +€447,365
up €447,365 (+43.1%), from €1.0m to €1.5m
of which Trade receivables: +€442,727
- Stocks and contracts +€327,450
up €327,450 (+24.1%), from €1.4m to €1.7m
of which Contracts in progress: +€325,000
- Cash +€40,922
up €40,922 (+339.4%), from €12,058 to €52,980
mainly Trade debts (+€788,260) and Depreciation (+€43,771)
- Tangible fixed assets -€35,087
down €35,087 (-28.6%), from €122,562 to €87,474
of which Furniture and vehicles: -€18,831
- Trade debts +€788,260
up €788,260 (+47.9%), from €1.6m to €2.4m
- Staff costs +€15,858
up €15,858 (+16.8%), from €94,309 to €110,167
- Gross operating margin -€5,036
down €5,036 (-2.7%), from €188,579 to €183,543
- Taxes -€4,687
down €4,687 (-46.7%), from €10,037 to €5,350
- Financial income +€2,986
up €2,986 (+35.5%), from €8,410 to €11,396
- Financial charges -€2,412
down €2,412 (-15.1%), from €15,928 to €13,516
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 | €2,533,163 | €3,313,812 | +€780,649 | +30.8% |
| Fixed assets | 21/28 | €122,562 | €87,474 | -€35,087 | -28.6% |
| Tangible fixed assets | 22/27 | €122,562 | €87,474 | -€35,087 | -28.6% |
| Plant, machinery and equipment | 23 | €20,039 | €14,110 | -€5,929 | -29.6% |
| Furniture and vehicles | 24 | €92,195 | €73,364 | -€18,831 | -20.4% |
| Leasing and similar rights | 25 | €10,327 | - | -€10,327 | |
| Current assets | 29/58 | €2,410,601 | €3,226,338 | +€815,736 | +33.8% |
| Stocks and contracts in progress | 3 | €1,360,565 | €1,688,015 | +€327,450 | +24.1% |
| Stocks | 30/36 | €300,565 | €303,015 | +€2,450 | +0.8% |
| Contracts in progress | 37 | €1,060,000 | €1,385,000 | +€325,000 | +30.7% |
| Amounts receivable within one year | 40/41 | €1,037,978 | €1,485,343 | +€447,365 | +43.1% |
| Trade receivables | 40 | €624,472 | €1,067,199 | +€442,727 | +70.9% |
| Other amounts receivable | 41 | €413,507 | €418,144 | +€4,638 | +1.1% |
| Cash at bank and in hand | 54/58 | €12,058 | €52,980 | +€40,922 | +339.4% |
| Total equity and liabilities | 10/49 | €2,533,163 | €3,313,812 | +€780,649 | +30.8% |
| Equity | 10/15 | €467,034 | €468,349 | +€1,315 | +0.3% |
| Contributions | 10/11 | €148,736 | €148,736 | = | 0.0% |
| Reserves | 13 | €317,806 | €317,806 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,874 | - | -€14,874 | |
| Reserves not available under the articles | 1311 | €14,874 | - | -€14,874 | |
| Tax-exempt reserves | 132 | €7,933 | €7,933 | = | 0.0% |
| Distributable reserves | 133 | €295,000 | €309,874 | +€14,874 | +5.0% |
| Profit (loss) carried forward | 14 | €492 | €1,807 | +€1,315 | +267.5% |
| Amounts payable | 17/49 | €2,066,129 | €2,845,463 | +€779,334 | +37.7% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Other amounts payable | 178/9 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,009,317 | €2,787,400 | +€778,084 | +38.7% |
| Current portion of amounts payable after more than one year | 42 | €11,350 | - | -€11,350 | |
| Financial debts | 43 | €125,000 | €125,000 | = | 0.0% |
| Credit institutions | 430/8 | €125,000 | €125,000 | = | 0.0% |
| Trade debts | 44 | €1,646,471 | €2,434,731 | +€788,260 | +47.9% |
| Suppliers | 440/4 | €1,646,471 | €2,434,731 | +€788,260 | +47.9% |
| Taxes, remuneration and social security | 45 | €42,253 | €35,416 | -€6,837 | -16.2% |
| Taxes | 450/3 | €28,300 | €20,047 | -€8,253 | -29.2% |
| Remuneration and social security | 454/9 | €13,953 | €15,369 | +€1,416 | +10.1% |
| Other amounts payable | 47/48 | €184,242 | €192,253 | +€8,011 | +4.3% |
| Accrued charges and deferred income | 492/3 | €6,813 | €8,063 | +€1,250 | +18.3% |
| Non-recurring operating income | 76A | €8,120 | - | -€8,120 | |
| Remuneration, social security and pensions | 62 | €94,309 | €110,167 | +€15,858 | +16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,806 | €43,771 | +€965 | +2.3% |
| Other operating charges | 640/8 | €22,576 | €20,820 | -€1,755 | -7.8% |
| Gross operating margin | 9900 | €188,579 | €183,543 | -€5,036 | -2.7% |
| Operating profit (loss) | 9901 | €28,889 | €8,785 | -€20,104 | -69.6% |
| Financial income | 75/76B | €8,410 | €11,396 | +€2,986 | +35.5% |
| Recurring financial income | 75 | €8,410 | €11,396 | +€2,986 | +35.5% |
| Financial charges | 65/66B | €15,928 | €13,516 | -€2,412 | -15.1% |
| Recurring financial charges | 65 | €15,928 | €13,516 | -€2,412 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | €21,372 | €6,665 | -€14,706 | -68.8% |
| Income taxes | 67/77 | €10,037 | €5,350 | -€4,687 | -46.7% |
| Profit (loss) for the period | 9904 | €11,335 | €1,315 | -€10,020 | -88.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,335 | €1,315 | -€10,020 | -88.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.