Schoofs: 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.
What changed
Schoofs
NACE 41.001, General construction of residential buildings
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€3.4m
2024 · €2.3m+€1.1m
Equity
€4.7m
2024 · €4.0m+€760,726
Cash
€5.7m
2024 · €3.8m+€2.0m
Balance sheet total
€16.4m
2024 · €14.6m+€1.8m
Largest movements
Assets
- Cash +€2.0m
up €2.0m (+52.1%), from €3.8m to €5.7m
mainly Net result for the year (+€3.4m) and Trade debts (+€1.5m)
- Stocks and contracts +€551,567
up €551,567 (+41.0%), from €1.3m to €1.9m
- Receivables within one year -€479,385
down €479,385 (-7.9%), from €6.1m to €5.6m
of which Other amounts receivable: -€1.1m
- Tangible fixed assets -€239,651
down €239,651 (-9.3%), from €2.6m to €2.3m
of which Plant, machinery and equipment: -€120,489
Equity and liabilities
- Trade debts +€1.5m
up €1.5m (+31.4%), from €4.7m to €6.2m
- Profit (loss) carried forward +€760,726
up €760,726 (+22.8%), from €3.3m to €4.1m
- Other debts -€400,000
down €400,000 (-13.3%), from €3.0m to €2.6m
- Debts after one year -€285,977
down €285,977 (-12.5%), from €2.3m to €2.0m
Income statement
- Turnover +€9.4m
up €9.4m (+39.1%), from €24.1m to €33.5m
- Goods and materials +€9.1m
up €9.1m (+59.6%), from €15.2m to €24.3m
of which Purchases: +€9.1m
- Services and other goods +€352,313
up €352,313 (+13.8%), from €2.6m to €2.9m
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.
Result 2024
€2.3m
Turnover
+€9.4m
Other operating income
+€117,760
Goods and materials
-€9.1m
Services and other goods
-€352,313
Staff costs
-€308,357
Depreciation
-€71,020
Other operating charges
-€29,563
Other operating items
+€1.6m
Financial income
+€25,461
Financial charges
-€54,133
Taxes
-€168,552
Result 2025
€3.4m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€5.1m
Investment
-€320,895
Financing
-€2.8m
Cash 2024
€3.8m
From operations (derived)
+€5.1m
Net result for the year
+€3.4m
Depreciation
+€559,088
Stocks and contracts
-€551,567
Receivables within one year
+€479,385
Smaller working-capital items
+€6,229
Trade debts
+€1.5m
Tax, wage and social debts
+€162,058
Other debts
-€400,000
Investment (derived)
-€320,895
Investment in fixed assets (net)
-€320,895
Financing
-€2.8m
Debts after one year
-€285,977
Current portion of long-term debt
+€69,689
Contributions, distributions and other
-€2.6m
Cash 2025
€5.7m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,590,248 | €16,373,340 | +€1.8m | +12.2% |
| Fixed assets | 21/28 | €3,280,946 | €3,042,753 | -€238,193 | -7.3% |
| Intangible fixed assets | 21 | €1,857 | €2,672 | +€816 | +43.9% |
| Tangible fixed assets | 22/27 | €2,573,689 | €2,334,038 | -€239,651 | -9.3% |
| Land and buildings | 22 | €1,148,798 | €1,112,781 | -€36,018 | -3.1% |
| Plant, machinery and equipment | 23 | €817,983 | €697,494 | -€120,489 | -14.7% |
| Furniture and vehicles | 24 | €606,908 | €523,764 | -€83,144 | -13.7% |
| Financial fixed assets | 28 | €705,400 | €706,042 | +€642 | +0.1% |
| Affiliated companies | 280/1 | €700,000 | €700,000 | = | 0.0% |
| Participating interests | 280 | €700,000 | €700,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €5,400 | €6,042 | +€642 | +11.9% |
| Amounts receivable and cash guarantees | 285/8 | €5,400 | €6,042 | +€642 | +11.9% |
| Current assets | 29/58 | €11,309,302 | €13,330,588 | +€2.0m | +17.9% |
| Stocks and contracts in progress | 3 | €1,345,560 | €1,897,127 | +€551,567 | +41.0% |
| Stocks | 30/36 | €1,345,560 | €1,897,127 | +€551,567 | +41.0% |
| Raw materials and consumables | 30/31 | €124,047 | €122,388 | -€1,658 | -1.3% |
| Work in progress | 32 | €890,997 | €1,444,222 | +€553,225 | +62.1% |
| Advance payments | 36 | €330,517 | €330,517 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,070,627 | €5,591,242 | -€479,385 | -7.9% |
| Trade receivables | 40 | €3,911,754 | €4,522,508 | +€610,753 | +15.6% |
| Other amounts receivable | 41 | €2,158,873 | €1,068,734 | -€1.1m | -50.5% |
| Cash at bank and in hand | 54/58 | €3,750,050 | €5,704,342 | +€2.0m | +52.1% |
| Deferred charges and accrued income | 490/1 | €143,065 | €137,877 | -€5,188 | -3.6% |
| Total equity and liabilities | 10/49 | €14,590,248 | €16,373,340 | +€1.8m | +12.2% |
| Equity | 10/15 | €3,965,717 | €4,726,443 | +€760,726 | +19.2% |
| Contributions | 10/11 | €521,000 | €521,000 | = | 0.0% |
| Capital | 10 | €521,000 | €521,000 | = | 0.0% |
| Issued capital | 100 | €521,000 | €521,000 | = | 0.0% |
| Reserves | 13 | €112,182 | €112,182 | = | 0.0% |
| Non-distributable reserves | 130/1 | €52,100 | €52,100 | = | 0.0% |
| Legal reserve | 130 | €52,100 | €52,100 | = | 0.0% |
| Distributable reserves | 133 | €60,082 | €60,082 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,332,535 | €4,093,261 | +€760,726 | +22.8% |
| Amounts payable | 17/49 | €10,624,531 | €11,646,897 | +€1.0m | +9.6% |
| Amounts payable after more than one year | 17 | €2,295,596 | €2,009,620 | -€285,977 | -12.5% |
| Financial debts | 170/4 | €2,295,596 | €2,009,620 | -€285,977 | -12.5% |
| Credit institutions | 173 | €2,295,596 | €2,009,620 | -€285,977 | -12.5% |
| Amounts payable within one year | 42/48 | €8,298,935 | €9,606,236 | +€1.3m | +15.8% |
| Current portion of amounts payable after more than one year | 42 | €420,070 | €489,759 | +€69,689 | +16.6% |
| Trade debts | 44 | €4,702,584 | €6,178,138 | +€1.5m | +31.4% |
| Suppliers | 440/4 | €4,702,584 | €6,178,138 | +€1.5m | +31.4% |
| Taxes, remuneration and social security | 45 | €176,281 | €338,339 | +€162,058 | +91.9% |
| Taxes | 450/3 | €34,396 | €204,309 | +€169,912 | +494% |
| Remuneration and social security | 454/9 | €141,885 | €134,030 | -€7,854 | -5.5% |
| Other amounts payable | 47/48 | €3,000,000 | €2,600,000 | -€400,000 | -13.3% |
| Accrued charges and deferred income | 492/3 | €30,000 | €31,041 | +€1,041 | +3.5% |
| Operating income | 70/76A | €23,369,285 | €34,465,304 | +€11.1m | +47.5% |
| Turnover | 70 | €24,081,918 | €33,502,026 | +€9.4m | +39.1% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€1,041,286 | €553,225 | +€1.6m | |
| Other operating income | 74 | €287,408 | €405,167 | +€117,760 | +41.0% |
| Non-recurring operating income | 76A | €41,245 | €4,886 | -€36,359 | -88.2% |
| Operating charges | 60/66A | €20,815,995 | €30,651,904 | +€9.8m | +47.3% |
| Goods for resale, raw materials and consumables | 60 | €15,217,674 | €24,287,330 | +€9.1m | +59.6% |
| Purchases | 600/8 | €15,216,604 | €24,285,672 | +€9.1m | +59.6% |
| Change in stocks: decrease (increase) | 609 | €1,070 | €1,658 | +€588 | +55.0% |
| Services and other goods | 61 | €2,560,064 | €2,912,377 | +€352,313 | +13.8% |
| Remuneration, social security and pensions | 62 | €2,511,170 | €2,819,527 | +€308,357 | +12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €488,069 | €559,088 | +€71,020 | +14.6% |
| Other operating charges | 640/8 | €39,018 | €68,581 | +€29,563 | +75.8% |
| Non-recurring operating charges | 66A | €0 | €5,000 | +€5,000 | |
| Operating profit (loss) | 9901 | €2,553,289 | €3,813,400 | +€1.3m | +49.4% |
| Financial income | 75/76B | €177,632 | €203,093 | +€25,461 | +14.3% |
| Recurring financial income | 75 | €177,632 | €203,093 | +€25,461 | +14.3% |
| Income from financial fixed assets | 750 | €150,000 | €150,000 | = | 0.0% |
| Other financial income | 752/9 | €27,632 | €53,093 | +€25,461 | +92.1% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €72,304 | €126,437 | +€54,133 | +74.9% |
| Recurring financial charges | 65 | €72,304 | €126,437 | +€54,133 | +74.9% |
| Debt charges | 650 | €39,896 | €54,999 | +€15,103 | +37.9% |
| Other financial charges | 652/9 | €32,408 | €71,437 | +€39,029 | +120% |
| Profit (loss) for the period before taxes | 9903 | €2,658,618 | €3,890,057 | +€1.2m | +46.3% |
| Income taxes | 67/77 | €360,778 | €529,331 | +€168,552 | +46.7% |
| Taxes | 670/3 | €360,778 | €529,331 | +€168,552 | +46.7% |
| Profit (loss) for the period | 9904 | €2,297,839 | €3,360,726 | +€1.1m | +46.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,297,839 | €3,360,726 | +€1.1m | +46.3% |
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.