SCHOONDERWOERT: what changed
SCHOONDERWOERT
Largest movements
- Receivables within one year -€117,216
down €117,216 (-75.1%), from €156,182 to €38,966
of which Trade receivables: -€61,363
- Stocks and contracts -€13,667
down €13,667 (-15.2%), from €90,004 to €76,336
- Tangible fixed assets -€9,754
down €9,754 (-6.7%), from €146,583 to €136,828
- Cash -€9,422
down €9,422 (-14.5%), from €64,903 to €55,482
mainly Trade debts (-€122,978) and Contributions, distributions and other (-€67,322)
- Trade debts -€122,978
down €122,978 (-57.7%), from €213,194 to €90,216
- Tax, wage and social debts -€16,581
down €16,581 (-43.0%), from €38,590 to €22,009
of which Remuneration and social security: -€16,237
- Reserves -€13,414
down €13,414 (-6.7%), from €200,620 to €187,206
of which Distributable reserves: -€13,414
- Gross operating margin +€36,709
up €36,709 (+33.1%), from €110,879 to €147,588
- Staff costs -€30,211
down €30,211 (-35.9%), from €84,179 to €53,968
- Taxes +€17,680
up €17,680 (+1,243%), from €1,423 to €19,103
- Financial charges +€4,947
up €4,947 (+643%), from €769 to €5,716
- Financial income -€2,834
down €2,834 (-88.4%), from €3,204 to €370
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €459,005 | €307,612 | -€151,393 | -33.0% |
| Fixed assets | 21/28 | €146,583 | €136,828 | -€9,754 | -6.7% |
| Tangible fixed assets | 22/27 | €146,583 | €136,828 | -€9,754 | -6.7% |
| Land and buildings | 22 | €133,192 | €130,152 | -€3,041 | -2.3% |
| Plant, machinery and equipment | 23 | €5,880 | €3,920 | -€1,960 | -33.3% |
| Furniture and vehicles | 24 | €7,510 | €2,757 | -€4,754 | -63.3% |
| Current assets | 29/58 | €312,422 | €170,784 | -€141,638 | -45.3% |
| Stocks and contracts in progress | 3 | €90,004 | €76,336 | -€13,667 | -15.2% |
| Stocks | 30/36 | €90,004 | €76,336 | -€13,667 | -15.2% |
| Amounts receivable within one year | 40/41 | €156,182 | €38,966 | -€117,216 | -75.1% |
| Trade receivables | 40 | €98,374 | €37,011 | -€61,363 | -62.4% |
| Other amounts receivable | 41 | €57,808 | €1,955 | -€55,853 | -96.6% |
| Cash at bank and in hand | 54/58 | €64,903 | €55,482 | -€9,422 | -14.5% |
| Deferred charges and accrued income | 490/1 | €1,333 | - | -€1,333 | |
| Total equity and liabilities | 10/49 | €459,005 | €307,612 | -€151,393 | -33.0% |
| Equity | 10/15 | €206,820 | €193,406 | -€13,414 | -6.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €200,620 | €187,206 | -€13,414 | -6.7% |
| Tax-exempt reserves | 132 | €49,315 | €49,315 | = | 0.0% |
| Distributable reserves | 133 | €151,305 | €137,891 | -€13,414 | -8.9% |
| Amounts payable | 17/49 | €252,184 | €114,206 | -€137,978 | -54.7% |
| Amounts payable within one year | 42/48 | €251,785 | €113,807 | -€137,978 | -54.8% |
| Trade debts | 44 | €213,194 | €90,216 | -€122,978 | -57.7% |
| Suppliers | 440/4 | €213,194 | €90,216 | -€122,978 | -57.7% |
| Taxes, remuneration and social security | 45 | €38,590 | €22,009 | -€16,581 | -43.0% |
| Taxes | 450/3 | €15,317 | €14,973 | -€344 | -2.2% |
| Remuneration and social security | 454/9 | €23,273 | €7,036 | -€16,237 | -69.8% |
| Other amounts payable | 47/48 | - | €1,581 | +€1,581 | |
| Accrued charges and deferred income | 492/3 | €400 | €400 | +€0 | 0.0% |
| Remuneration, social security and pensions | 62 | €84,179 | €53,968 | -€30,211 | -35.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,467 | €9,754 | -€712 | -6.8% |
| Other operating charges | 640/8 | €5,852 | €5,510 | -€342 | -5.8% |
| Gross operating margin | 9900 | €110,879 | €147,588 | +€36,709 | +33.1% |
| Operating profit (loss) | 9901 | €10,382 | €78,356 | +€67,974 | +655% |
| Financial income | 75/76B | €3,204 | €370 | -€2,834 | -88.4% |
| Recurring financial income | 75 | €3,204 | €370 | -€2,834 | -88.4% |
| Financial charges | 65/66B | €769 | €5,716 | +€4,947 | +643% |
| Recurring financial charges | 65 | €769 | €5,716 | +€4,947 | +643% |
| Profit (loss) for the period before taxes | 9903 | €12,817 | €73,011 | +€60,193 | +470% |
| Income taxes | 67/77 | €1,423 | €19,103 | +€17,680 | +1,243% |
| Profit (loss) for the period | 9904 | €11,395 | €53,908 | +€42,513 | +373% |
| Profit (loss) for the period to be appropriated | 9905 | €11,395 | €53,908 | +€42,513 | +373% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.