SCHOUTETEN-SOENEN: what changed
What changed
SCHOUTETEN-SOENEN
NACE 01.461, Pig breeding farms
filed annual accounts (NBB)
Net result for the year
€213,740
2024 · €412,404-€198,664
Equity
€1.8m
2024 · €1.5m+€212,074
Cash
€234,390
2024 · €583,779-€349,388
Balance sheet total
€3.8m
2024 · €3.9m-€149,679
Largest movements
Assets
- Cash -€349,388
down €349,388 (-59.8%), from €583,779 to €234,390
mainly Current investments (-€288,817) and Debts after one year (-€257,170)
- Current investments +€288,817
up €288,817 (+522%), from €55,352 to €344,169
- Tangible fixed assets -€83,437
down €83,437 (-3.4%), from €2.5m to €2.4m
of which Land and buildings: -€113,862
- Receivables within one year -€69,961
down €69,961 (-31.5%), from €222,419 to €152,458
of which Trade receivables: -€104,978
Equity and liabilities
- Debts after one year -€257,170
down €257,170 (-12.9%), from €2.0m to €1.7m
of which Financial debts: -€203,043
- Reserves +€212,074
up €212,074 (+23.1%), from €916,267 to €1.1m
of which Tax-exempt reserves: +€210,500
- Trade debts -€90,797
down €90,797 (-64.1%), from €141,698 to €50,901
Income statement
- Gross operating margin -€202,064
down €202,064 (-26.4%), from €766,728 to €564,665
- Taxes -€89,302
down €89,302 (-62.9%), from €141,990 to €52,688
- Write-downs +€37,117
up €37,117, from -€37,117 to €0
- Financial income -€32,586
down €32,586 (-50.9%), from €64,016 to €31,430
- Financial charges +€19,631
up €19,631 (+31.3%), from €62,734 to €82,364
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.
Result 2024
€412,404
Gross operating margin
-€202,064
Depreciation
+€6,894
Write-downs
-€37,117
Other operating charges
-€3,463
Financial income
-€32,586
Financial charges
-€19,631
Taxes
+€89,302
Result 2025
€213,740
raises the resultlowers the result
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.
From operations
+€340,906
Investment
-€431,799
Financing
-€258,495
Cash 2024
€583,779
From operations (derived)
+€340,906
Net result for the year
+€213,740
Depreciation
+€226,419
Stocks and contracts
-€38,374
Receivables within one year
+€69,961
Deferred charges and accrued income
-€25,915
Trade debts
-€90,797
Tax, wage and social debts
-€12,140
Other debts
+€1,912
Accrued charges and deferred income
-€3,899
Investment (derived)
-€431,799
Investment in fixed assets (net)
-€142,982
Current investments
-€288,817
Financing
-€258,495
Debts after one year
-€257,170
Current portion of long-term debt
+€340
Contributions, distributions and other
-€1,666
Cash 2025
€234,390
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,933,987 | €3,784,307 | -€149,679 | -3.8% |
| Fixed assets | 21/28 | €2,457,439 | €2,374,002 | -€83,437 | -3.4% |
| Tangible fixed assets | 22/27 | €2,457,439 | €2,374,002 | -€83,437 | -3.4% |
| Land and buildings | 22 | €2,192,327 | €2,078,465 | -€113,862 | -5.2% |
| Plant, machinery and equipment | 23 | €250,245 | €295,537 | +€45,292 | +18.1% |
| Furniture and vehicles | 24 | €14,867 | €0 | -€14,867 | -100% |
| Current assets | 29/58 | €1,476,548 | €1,410,305 | -€66,243 | -4.5% |
| Stocks and contracts in progress | 3 | €608,694 | €647,068 | +€38,374 | +6.3% |
| Stocks | 30/36 | €608,694 | €647,068 | +€38,374 | +6.3% |
| Amounts receivable within one year | 40/41 | €222,419 | €152,458 | -€69,961 | -31.5% |
| Trade receivables | 40 | €222,419 | €117,441 | -€104,978 | -47.2% |
| Other amounts receivable | 41 | €0 | €35,017 | +€35,017 | |
| Current investments | 50/53 | €55,352 | €344,169 | +€288,817 | +522% |
| Cash at bank and in hand | 54/58 | €583,779 | €234,390 | -€349,388 | -59.8% |
| Deferred charges and accrued income | 490/1 | €6,305 | €32,220 | +€25,915 | +411% |
| Total equity and liabilities | 10/49 | €3,933,987 | €3,784,307 | -€149,679 | -3.8% |
| Equity | 10/15 | €1,542,282 | €1,754,356 | +€212,074 | +13.8% |
| Contributions | 10/11 | €626,015 | €626,015 | = | 0.0% |
| Reserves | 13 | €916,267 | €1,128,341 | +€212,074 | +23.1% |
| Tax-exempt reserves | 132 | €168,400 | €378,900 | +€210,500 | +125% |
| Distributable reserves | 133 | €747,867 | €749,441 | +€1,574 | +0.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €2,391,705 | €2,029,951 | -€361,753 | -15.1% |
| Amounts payable after more than one year | 17 | €1,992,138 | €1,734,968 | -€257,170 | -12.9% |
| Financial debts | 170/4 | €1,558,012 | €1,354,968 | -€203,043 | -13.0% |
| Other amounts payable | 178/9 | €434,126 | €380,000 | -€54,126 | -12.5% |
| Amounts payable within one year | 42/48 | €387,531 | €286,847 | -€100,685 | -26.0% |
| Current portion of amounts payable after more than one year | 42 | €202,703 | €203,043 | +€340 | +0.2% |
| Trade debts | 44 | €141,698 | €50,901 | -€90,797 | -64.1% |
| Suppliers | 440/4 | €141,698 | €50,901 | -€90,797 | -64.1% |
| Taxes, remuneration and social security | 45 | €14,142 | €2,002 | -€12,140 | -85.8% |
| Taxes | 450/3 | €6,353 | €2,002 | -€4,351 | -68.5% |
| Remuneration and social security | 454/9 | €7,789 | €0 | -€7,789 | -100% |
| Other amounts payable | 47/48 | €28,988 | €30,901 | +€1,912 | +6.6% |
| Accrued charges and deferred income | 492/3 | €12,035 | €8,136 | -€3,899 | -32.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €233,313 | €226,419 | -€6,894 | -3.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€37,117 | €0 | +€37,117 | |
| Other operating charges | 640/8 | €17,420 | €20,883 | +€3,463 | +19.9% |
| Gross operating margin | 9900 | €766,728 | €564,665 | -€202,064 | -26.4% |
| Operating profit (loss) | 9901 | €553,112 | €317,362 | -€235,749 | -42.6% |
| Financial income | 75/76B | €64,016 | €31,430 | -€32,586 | -50.9% |
| Recurring financial income | 75 | €64,016 | €31,430 | -€32,586 | -50.9% |
| Financial charges | 65/66B | €62,734 | €82,364 | +€19,631 | +31.3% |
| Recurring financial charges | 65 | €62,734 | €82,364 | +€19,631 | +31.3% |
| Profit (loss) for the period before taxes | 9903 | €554,394 | €266,428 | -€287,966 | -51.9% |
| Income taxes | 67/77 | €141,990 | €52,688 | -€89,302 | -62.9% |
| Profit (loss) for the period | 9904 | €412,404 | €213,740 | -€198,664 | -48.2% |
| Transfer to tax-exempt reserves | 689 | €168,400 | €210,500 | +€42,100 | +25.0% |
| Profit (loss) for the period to be appropriated | 9905 | €244,004 | €3,240 | -€240,764 | -98.7% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 4 November 2026 via checked.be.