SCHOTEN VAART: what changed
What changed
SCHOTEN VAART
NACE 68.110, Buying and selling of own real estate
filed annual accounts (NBB)
Net result for the year
-€18,459
2023 · -€23,621+€5,162
Equity
-€75,788
2023 · -€55,829-€19,959
Cash
€4,634
2023 · €1.1m-€1.1m
Balance sheet total
€11.0m
2023 · €11.0m+€5,414
Largest movements
Assets
- Stocks and contracts +€1.1m
up €1.1m (+11.2%), from €9.8m to €10.9m
- Cash -€1.1m
down €1.1m (-99.6%), from €1.1m to €4,634
mainly Stocks and contracts (-€1.1m) and Trade debts (-€272,634)
Equity and liabilities
- Trade debts -€272,634
down €272,634 (-90.7%), from €300,633 to €27,999
- Debts after one year +€166,549
up €166,549 (+3.6%), from €4.7m to €4.8m
- Accrued charges and deferred income +€131,958
new in 2024: €131,958
Income statement
- Other operating charges -€4,133
down €4,133 (-48.1%), from €8,583 to €4,451
- Financial income +€3,875
up €3,875 (+33.4%), from €11,602 to €15,477
- Financial charges +€1,577
up €1,577 (+12.7%), from €12,400 to €13,977
- Gross operating margin -€1,268
down €1,268 (-13.1%), from -€9,647 to -€10,915
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
-€23,621
Gross operating margin
-€1,268
Other operating charges
+€4,133
Financial income
+€3,875
Financial charges
-€1,577
Result 2024
-€18,459
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€1.2m
Investment
€0
Financing
+€165,049
Cash 2023
€1.1m
From operations (derived)
-€1.2m
Net result for the year
-€18,459
Depreciation
+€5,093
Stocks and contracts
-€1.1m
Receivables within one year
+€29,768
Provisions
-€500
Trade debts
-€272,634
Accrued charges and deferred income
+€131,958
Financing
+€165,049
Debts after one year
+€166,549
Contributions, distributions and other
-€1,500
Cash 2024
€4,634
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,003,346 | €11,008,760 | +€5,414 | 0.0% |
| Fixed assets | 21/28 | €15,563 | €10,470 | -€5,093 | -32.7% |
| Tangible fixed assets | 22/27 | €15,563 | €10,470 | -€5,093 | -32.7% |
| Furniture and vehicles | 24 | €15,563 | €10,470 | -€5,093 | -32.7% |
| Current assets | 29/58 | €10,987,783 | €10,998,289 | +€10,507 | +0.1% |
| Stocks and contracts in progress | 3 | €9,759,705 | €10,854,591 | +€1.1m | +11.2% |
| Stocks | 30/36 | €9,759,705 | €10,854,591 | +€1.1m | +11.2% |
| Amounts receivable within one year | 40/41 | €168,832 | €139,064 | -€29,768 | -17.6% |
| Other amounts receivable | 41 | €168,832 | €139,064 | -€29,768 | -17.6% |
| Cash at bank and in hand | 54/58 | €1,059,246 | €4,634 | -€1.1m | -99.6% |
| Total equity and liabilities | 10/49 | €11,003,346 | €11,008,760 | +€5,414 | 0.0% |
| Equity | 10/15 | -€55,829 | -€75,788 | -€19,959 | -35.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€122,329 | -€140,788 | -€18,459 | -15.1% |
| Investment grants | 15 | €4,500 | €3,000 | -€1,500 | -33.3% |
| Provisions and deferred taxes | 16 | €1,500 | €1,000 | -€500 | -33.3% |
| Deferred taxes | 168 | €1,500 | €1,000 | -€500 | -33.3% |
| Amounts payable | 17/49 | €11,057,675 | €11,083,548 | +€25,873 | +0.2% |
| Amounts payable after more than one year | 17 | €4,657,042 | €4,823,591 | +€166,549 | +3.6% |
| Financial debts | 170/4 | €4,657,042 | €4,823,591 | +€166,549 | +3.6% |
| Amounts payable within one year | 42/48 | €6,400,633 | €6,127,999 | -€272,634 | -4.3% |
| Financial debts | 43 | €6,100,000 | €6,100,000 | = | 0.0% |
| Credit institutions | 430/8 | €6,100,000 | €6,100,000 | = | 0.0% |
| Trade debts | 44 | €300,633 | €27,999 | -€272,634 | -90.7% |
| Suppliers | 440/4 | €300,633 | €27,999 | -€272,634 | -90.7% |
| Accrued charges and deferred income | 492/3 | - | €131,958 | +€131,958 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,093 | €5,093 | = | 0.0% |
| Other operating charges | 640/8 | €8,583 | €4,451 | -€4,133 | -48.1% |
| Gross operating margin | 9900 | -€9,647 | -€10,915 | -€1,268 | -13.1% |
| Operating profit (loss) | 9901 | -€23,323 | -€20,459 | +€2,865 | +12.3% |
| Financial income | 75/76B | €11,602 | €15,477 | +€3,875 | +33.4% |
| Recurring financial income | 75 | €11,602 | €15,477 | +€3,875 | +33.4% |
| Financial charges | 65/66B | €12,400 | €13,977 | +€1,577 | +12.7% |
| Recurring financial charges | 65 | €12,400 | €13,977 | +€1,577 | +12.7% |
| Profit (loss) for the period before taxes | 9903 | -€24,121 | -€18,959 | +€5,162 | +21.4% |
| Transfer from deferred taxes | 780 | €500 | €500 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€23,621 | -€18,459 | +€5,162 | +21.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,621 | -€18,459 | +€5,162 | +21.9% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.