SCHOOVAERTS: 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.
SCHOOVAERTS
Largest movements
- Receivables within one year -€64,365
down €64,365 (-35.0%), from €183,859 to €119,494
- Tangible fixed assets +€19,933
up €19,933 (+7.1%), from €280,259 to €300,192
of which Furniture and vehicles: +€51,267
- Receivables after one year +€16,905
new in 2025: €16,905
- Profit (loss) carried forward -€47,018
down €47,018 (-15.3%), from €307,051 to €260,033
- Current portion of long-term debt -€35,320
no longer reported in 2025 (was €35,320)
- Debts after one year +€29,331
up €29,331 (+28.4%), from €103,130 to €132,461
- Trade debts +€15,446
up €15,446 (+95.9%), from €16,102 to €31,548
- Tax, wage and social debts +€5,961
up €5,961 (+52.8%), from €11,286 to €17,247
of which Remuneration and social security: +€6,701
- Gross operating margin -€21,500
down €21,500 (-8.2%), from €261,670 to €240,170
- Taxes -€16,402
down €16,402 (-61.9%), from €26,508 to €10,106
- Staff costs +€13,662
up €13,662 (+7.1%), from €191,506 to €205,168
- Depreciation -€10,317
down €10,317 (-14.0%), from €73,446 to €63,129
- Financial charges -€6,571
down €6,571 (-55.9%), from €11,765 to €5,194
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €493,340 | €461,740 | -€31,600 | -6.4% |
| Fixed assets | 21/28 | €280,259 | €300,192 | +€19,933 | +7.1% |
| Tangible fixed assets | 22/27 | €280,259 | €300,192 | +€19,933 | +7.1% |
| Land and buildings | 22 | €228,377 | €202,507 | -€25,870 | -11.3% |
| Plant, machinery and equipment | 23 | €13,882 | €8,418 | -€5,464 | -39.4% |
| Furniture and vehicles | 24 | €38,000 | €89,267 | +€51,267 | +135% |
| Current assets | 29/58 | €213,081 | €161,548 | -€51,533 | -24.2% |
| Amounts receivable after more than one year | 29 | - | €16,905 | +€16,905 | |
| Other amounts receivable | 291 | - | €16,905 | +€16,905 | |
| Amounts receivable within one year | 40/41 | €183,859 | €119,494 | -€64,365 | -35.0% |
| Other amounts receivable | 41 | €183,859 | €119,494 | -€64,365 | -35.0% |
| Cash at bank and in hand | 54/58 | €29,222 | €25,149 | -€4,073 | -13.9% |
| Total equity and liabilities | 10/49 | €493,340 | €461,740 | -€31,600 | -6.4% |
| Equity | 10/15 | €327,502 | €280,484 | -€47,018 | -14.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €307,051 | €260,033 | -€47,018 | -15.3% |
| Amounts payable | 17/49 | €165,838 | €181,256 | +€15,418 | +9.3% |
| Amounts payable after more than one year | 17 | €103,130 | €132,461 | +€29,331 | +28.4% |
| Financial debts | 170/4 | €103,130 | €132,461 | +€29,331 | +28.4% |
| Amounts payable within one year | 42/48 | €62,708 | €48,795 | -€13,913 | -22.2% |
| Current portion of amounts payable after more than one year | 42 | €35,320 | - | -€35,320 | |
| Trade debts | 44 | €16,102 | €31,548 | +€15,446 | +95.9% |
| Suppliers | 440/4 | €16,102 | €31,548 | +€15,446 | +95.9% |
| Taxes, remuneration and social security | 45 | €11,286 | €17,247 | +€5,961 | +52.8% |
| Taxes | 450/3 | €740 | - | -€740 | |
| Remuneration and social security | 454/9 | €10,546 | €17,247 | +€6,701 | +63.5% |
| Remuneration, social security and pensions | 62 | €191,506 | €205,168 | +€13,662 | +7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,446 | €63,129 | -€10,317 | -14.0% |
| Other operating charges | 640/8 | €3,507 | €3,592 | +€85 | +2.4% |
| Gross operating margin | 9900 | €261,670 | €240,170 | -€21,500 | -8.2% |
| Operating profit (loss) | 9901 | -€6,789 | -€31,719 | -€24,930 | -367% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €11,765 | €5,194 | -€6,571 | -55.9% |
| Recurring financial charges | 65 | €11,765 | €5,194 | -€6,571 | -55.9% |
| Profit (loss) for the period before taxes | 9903 | -€18,554 | -€36,912 | -€18,358 | -98.9% |
| Income taxes | 67/77 | €26,508 | €10,106 | -€16,402 | -61.9% |
| Profit (loss) for the period | 9904 | -€45,062 | -€47,018 | -€1,956 | -4.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€45,062 | -€47,018 | -€1,956 | -4.3% |
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.