SCHOOVAERTS SAM: 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 SAM
Largest movements
- Cash +€94,973
up €94,973 (+90.3%), from €105,206 to €200,178
mainly Receivables within one year (+€52,455) and Net result for the year (+€38,280)
- Receivables within one year -€52,455
down €52,455 (-53.8%), from €97,539 to €45,084
of which Trade receivables: -€61,775
- Tangible fixed assets -€24,940
down €24,940 (-31.2%), from €79,973 to €55,034
of which Furniture and vehicles: -€16,807
- Other debts +€29,745
up €29,745 (+79.3%), from €37,516 to €67,261
- Reserves -€23,080
down €23,080 (-11.8%), from €195,321 to €172,242
- Trade debts +€14,611
up €14,611 (+54.4%), from €26,840 to €41,451
- Current portion of long-term debt -€10,038
down €10,038 (-71.0%), from €14,145 to €4,107
- Tax, wage and social debts +€8,803
up €8,803 (+3,386%), from €260 to €9,063
- Gross operating margin -€13,270
down €13,270 (-12.7%), from €104,307 to €91,037
- Taxes -€5,615
down €5,615 (-24.0%), from €23,402 to €17,786
- Financial charges +€3,191
up €3,191 (+158%), from €2,016 to €5,206
- Depreciation +€2,670
up €2,670 (+10.3%), from €25,870 to €28,540
- Other operating charges +€1,603
up €1,603 (+190%), from €845 to €2,448
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 | €284,362 | €300,296 | +€15,935 | +5.6% |
| Fixed assets | 21/28 | €79,973 | €55,034 | -€24,940 | -31.2% |
| Tangible fixed assets | 22/27 | €79,973 | €55,034 | -€24,940 | -31.2% |
| Land and buildings | 22 | €2,558 | €2,140 | -€418 | -16.3% |
| Plant, machinery and equipment | 23 | €1,480 | €206 | -€1,274 | -86.1% |
| Furniture and vehicles | 24 | €65,971 | €49,165 | -€16,807 | -25.5% |
| Leasing and similar rights | 25 | €9,964 | €0 | -€9,964 | -100% |
| Other tangible fixed assets | 26 | - | €3,523 | +€3,523 | |
| Current assets | 29/58 | €204,388 | €245,263 | +€40,874 | +20.0% |
| Amounts receivable within one year | 40/41 | €97,539 | €45,084 | -€52,455 | -53.8% |
| Trade receivables | 40 | €85,814 | €24,039 | -€61,775 | -72.0% |
| Other amounts receivable | 41 | €11,725 | €21,045 | +€9,320 | +79.5% |
| Cash at bank and in hand | 54/58 | €105,206 | €200,178 | +€94,973 | +90.3% |
| Deferred charges and accrued income | 490/1 | €1,643 | €0 | -€1,643 | -100% |
| Total equity and liabilities | 10/49 | €284,362 | €300,296 | +€15,935 | +5.6% |
| Equity | 10/15 | €195,321 | €172,242 | -€23,080 | -11.8% |
| Reserves | 13 | €195,321 | €172,242 | -€23,080 | -11.8% |
| Distributable reserves | 133 | €195,321 | €172,242 | -€23,080 | -11.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €89,040 | €128,055 | +€39,014 | +43.8% |
| Amounts payable after more than one year | 17 | €10,279 | €6,172 | -€4,107 | -40.0% |
| Financial debts | 170/4 | €10,279 | €6,172 | -€4,107 | -40.0% |
| Amounts payable within one year | 42/48 | €78,761 | €121,883 | +€43,121 | +54.7% |
| Current portion of amounts payable after more than one year | 42 | €14,145 | €4,107 | -€10,038 | -71.0% |
| Trade debts | 44 | €26,840 | €41,451 | +€14,611 | +54.4% |
| Suppliers | 440/4 | €26,840 | €41,451 | +€14,611 | +54.4% |
| Taxes, remuneration and social security | 45 | €260 | €9,063 | +€8,803 | +3,386% |
| Taxes | 450/3 | €260 | €9,063 | +€8,803 | +3,386% |
| Other amounts payable | 47/48 | €37,516 | €67,261 | +€29,745 | +79.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,870 | €28,540 | +€2,670 | +10.3% |
| Other operating charges | 640/8 | €845 | €2,448 | +€1,603 | +190% |
| Gross operating margin | 9900 | €104,307 | €91,037 | -€13,270 | -12.7% |
| Operating profit (loss) | 9901 | €77,593 | €60,049 | -€17,544 | -22.6% |
| Financial income | 75/76B | €662 | €1,223 | +€561 | +84.9% |
| Recurring financial income | 75 | €662 | €1,223 | +€561 | +84.9% |
| Financial charges | 65/66B | €2,016 | €5,206 | +€3,191 | +158% |
| Recurring financial charges | 65 | €2,016 | €5,206 | +€3,191 | +158% |
| Profit (loss) for the period before taxes | 9903 | €76,239 | €56,066 | -€20,173 | -26.5% |
| Income taxes | 67/77 | €23,402 | €17,786 | -€5,615 | -24.0% |
| Profit (loss) for the period | 9904 | €52,837 | €38,280 | -€14,557 | -27.6% |
| Profit (loss) for the period to be appropriated | 9905 | €52,837 | €38,280 | -€14,557 | -27.6% |
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 31 October 2026 via checked.be.