SCHOONHOUDT: 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
SCHOONHOUDT
NACE 01.500, Mixed farming
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€339,199
2023 · -€64,025+€403,224
Equity
€24.5m
2023 · €24.1m+€339,199
Cash
€694,751
2023 · €1.0m-€318,780
Balance sheet total
€32.1m
2023 · €31.8m+€372,040
Largest movements
Assets
- Receivables after one year +€800,712
up €800,712 (+3.2%), from €25.4m to €26.2m
Equity and liabilities
- Accrued charges and deferred income -€365,843
down €365,843 (-61.2%), from €598,097 to €232,255
- Other debts +€351,528
up €351,528 (+24.3%), from €1.4m to €1.8m
- Reserves +€339,199
up €339,199 (+10.9%), from €3.1m to €3.5m
of which Distributable reserves: +€322,239
Income statement
- Gross operating margin +€320,507
up €320,507 (+464%), from €69,104 to €389,611
- Financial income +€120,573
up €120,573 (+28.0%), from €431,172 to €551,744
- Taxes +€18,269
up €18,269 (+11,999%), from €152 to €18,422
- Staff costs +€8,908
up €8,908 (+8.5%), from €105,232 to €114,140
- Other operating charges +€6,035
up €6,035 (+20.1%), from €30,025 to €36,060
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.
Result 2023
-€64,025
Gross operating margin
+€320,507
Staff costs
-€8,908
Depreciation
+€1,859
Other operating charges
-€6,035
Other operating items
-€1,402
Financial income
+€120,573
Financial charges
-€5,101
Taxes
-€18,269
Result 2024
€339,199
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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.
From operations
-€229,802
Investment
-€88,978
Financing
€0
Cash 2023
€1.0m
From operations (derived)
-€229,802
Net result for the year
+€339,199
Depreciation
+€257,165
Receivables after one year
-€800,712
Stocks and contracts
-€7,432
Receivables within one year
+€111,145
Deferred charges and accrued income
-€162,008
Trade debts
+€19,269
Tax, wage and social debts
+€27,886
Other debts
+€351,528
Accrued charges and deferred income
-€365,843
Investment (derived)
-€88,978
Investment in fixed assets (net)
-€88,978
Cash 2024
€694,751
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31,776,759 | €32,148,800 | +€372,040 | +1.2% |
| Fixed assets | 21/28 | €4,553,026 | €4,384,840 | -€168,187 | -3.7% |
| Tangible fixed assets | 22/27 | €4,393,748 | €4,225,554 | -€168,195 | -3.8% |
| Land and buildings | 22 | €3,905,060 | €3,745,155 | -€159,905 | -4.1% |
| Plant, machinery and equipment | 23 | €436,234 | €419,309 | -€16,924 | -3.9% |
| Furniture and vehicles | 24 | €47,969 | €59,523 | +€11,553 | +24.1% |
| Other tangible fixed assets | 26 | €4,485 | €1,567 | -€2,919 | -65.1% |
| Financial fixed assets | 28 | €159,278 | €159,286 | +€8 | 0.0% |
| Current assets | 29/58 | €27,223,733 | €27,763,960 | +€540,227 | +2.0% |
| Amounts receivable after more than one year | 29 | €25,378,426 | €26,179,139 | +€800,712 | +3.2% |
| Other amounts receivable | 291 | €25,378,426 | €26,179,139 | +€800,712 | +3.2% |
| Stocks and contracts in progress | 3 | €127,897 | €135,329 | +€7,432 | +5.8% |
| Stocks | 30/36 | €127,897 | €135,329 | +€7,432 | +5.8% |
| Amounts receivable within one year | 40/41 | €122,745 | €11,601 | -€111,145 | -90.5% |
| Trade receivables | 40 | €16,501 | €9,785 | -€6,716 | -40.7% |
| Other amounts receivable | 41 | €106,245 | €1,816 | -€104,429 | -98.3% |
| Cash at bank and in hand | 54/58 | €1,013,531 | €694,751 | -€318,780 | -31.5% |
| Deferred charges and accrued income | 490/1 | €581,132 | €743,140 | +€162,008 | +27.9% |
| Total equity and liabilities | 10/49 | €31,776,759 | €32,148,800 | +€372,040 | +1.2% |
| Equity | 10/15 | €24,112,794 | €24,451,993 | +€339,199 | +1.4% |
| Contributions | 10/11 | €21,001,925 | €21,001,925 | = | 0.0% |
| Capital | 10 | €21,000,000 | €21,000,000 | = | 0.0% |
| Issued capital | 100 | €21,000,000 | €21,000,000 | = | 0.0% |
| Contributions outside capital | 11 | €1,925 | €1,925 | = | 0.0% |
| Share premium | 1100/10 | €1,925 | €1,925 | = | 0.0% |
| Reserves | 13 | €3,110,869 | €3,450,068 | +€339,199 | +10.9% |
| Non-distributable reserves | 130/1 | €174,321 | €191,281 | +€16,960 | +9.7% |
| Legal reserve | 130 | €174,321 | €191,281 | +€16,960 | +9.7% |
| Distributable reserves | 133 | €2,936,548 | €3,258,787 | +€322,239 | +11.0% |
| Amounts payable | 17/49 | €7,663,965 | €7,696,806 | +€32,841 | +0.4% |
| Amounts payable after more than one year | 17 | €5,580,000 | €5,580,000 | = | 0.0% |
| Other amounts payable | 178/9 | €5,580,000 | €5,580,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,485,868 | €1,884,552 | +€398,684 | +26.8% |
| Trade debts | 44 | €19,022 | €38,291 | +€19,269 | +101% |
| Suppliers | 440/4 | €19,022 | €38,291 | +€19,269 | +101% |
| Taxes, remuneration and social security | 45 | €22,401 | €50,287 | +€27,886 | +124% |
| Taxes | 450/3 | €13,085 | €39,176 | +€26,091 | +199% |
| Remuneration and social security | 454/9 | €9,316 | €11,111 | +€1,795 | +19.3% |
| Other amounts payable | 47/48 | €1,444,445 | €1,795,973 | +€351,528 | +24.3% |
| Accrued charges and deferred income | 492/3 | €598,097 | €232,255 | -€365,843 | -61.2% |
| Non-recurring operating income | 76A | - | €3,719 | +€3,719 | |
| Remuneration, social security and pensions | 62 | €105,232 | €114,140 | +€8,908 | +8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €259,024 | €257,165 | -€1,859 | -0.7% |
| Other operating charges | 640/8 | €30,025 | €36,060 | +€6,035 | +20.1% |
| Non-recurring operating charges | 66A | - | €1,402 | +€1,402 | |
| Gross operating margin | 9900 | €69,104 | €389,611 | +€320,507 | +464% |
| Operating profit (loss) | 9901 | -€325,177 | -€19,155 | +€306,022 | +94.1% |
| Financial income | 75/76B | €431,172 | €551,744 | +€120,573 | +28.0% |
| Recurring financial income | 75 | €431,172 | €551,744 | +€120,573 | +28.0% |
| Financial charges | 65/66B | €169,867 | €174,968 | +€5,101 | +3.0% |
| Recurring financial charges | 65 | €169,867 | €174,968 | +€5,101 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | -€63,872 | €357,621 | +€421,493 | |
| Income taxes | 67/77 | €152 | €18,422 | +€18,269 | +11,999% |
| Profit (loss) for the period | 9904 | -€64,025 | €339,199 | +€403,224 | |
| Profit (loss) for the period to be appropriated | 9905 | -€64,025 | €339,199 | +€403,224 |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.