SCHRAAG: what changed
SCHRAAG
Largest movements
- Cash +€33,217
up €33,217 (+103%), from €32,203 to €65,420
mainly Net result for the year (+€27,701) and Depreciation (+€10,629)
- Tangible fixed assets -€9,179
down €9,179 (-28.2%), from €32,536 to €23,357
of which Furniture and vehicles: -€8,480
- Receivables within one year +€5,724
up €5,724 (+34.7%), from €16,496 to €22,220
of which Trade receivables: +€6,638
- Reserves +€27,701
up €27,701 (+167%), from €16,560 to €44,260
- Tax, wage and social debts +€8,673
up €8,673, from €0 to €8,673
of which Taxes: +€5,123
- Current portion of long-term debt -€3,830
down €3,830 (-74.4%), from €5,151 to €1,320
- Trade debts +€3,159
up €3,159 (+40.5%), from €7,807 to €10,966
- Other debts -€3,094
down €3,094 (-48.5%), from €6,385 to €3,291
- Gross operating margin +€54,311
up €54,311, from -€5,447 to €48,864
- Taxes +€8,784
up €8,784 (+2,167%), from €405 to €9,189
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,809 | €114,645 | +€30,836 | +36.8% |
| Fixed assets | 21/28 | €32,536 | €23,357 | -€9,179 | -28.2% |
| Tangible fixed assets | 22/27 | €32,536 | €23,357 | -€9,179 | -28.2% |
| Plant, machinery and equipment | 23 | €2,005 | €1,307 | -€698 | -34.8% |
| Furniture and vehicles | 24 | €30,531 | €22,051 | -€8,480 | -27.8% |
| Current assets | 29/58 | €51,273 | €91,288 | +€40,015 | +78.0% |
| Amounts receivable within one year | 40/41 | €16,496 | €22,220 | +€5,724 | +34.7% |
| Trade receivables | 40 | €13,592 | €20,229 | +€6,638 | +48.8% |
| Other amounts receivable | 41 | €2,905 | €1,991 | -€914 | -31.5% |
| Cash at bank and in hand | 54/58 | €32,203 | €65,420 | +€33,217 | +103% |
| Deferred charges and accrued income | 490/1 | €2,575 | €3,648 | +€1,074 | +41.7% |
| Total equity and liabilities | 10/49 | €83,809 | €114,645 | +€30,836 | +36.8% |
| Equity | 10/15 | €62,660 | €90,360 | +€27,701 | +44.2% |
| Contributions | 10/11 | €46,100 | €46,100 | = | 0.0% |
| Reserves | 13 | €16,560 | €44,260 | +€27,701 | +167% |
| Distributable reserves | 133 | €16,560 | €44,260 | +€27,701 | +167% |
| Amounts payable | 17/49 | €21,150 | €24,285 | +€3,135 | +14.8% |
| Amounts payable after more than one year | 17 | €1,320 | €0 | -€1,320 | -100% |
| Financial debts | 170/4 | €1,320 | €0 | -€1,320 | -100% |
| Amounts payable within one year | 42/48 | €19,829 | €24,285 | +€4,455 | +22.5% |
| Current portion of amounts payable after more than one year | 42 | €5,151 | €1,320 | -€3,830 | -74.4% |
| Financial debts | 43 | €486 | €34 | -€452 | -92.9% |
| Credit institutions | 430/8 | €486 | €34 | -€452 | -92.9% |
| Trade debts | 44 | €7,807 | €10,966 | +€3,159 | +40.5% |
| Suppliers | 440/4 | €7,807 | €10,966 | +€3,159 | +40.5% |
| Taxes, remuneration and social security | 45 | €0 | €8,673 | +€8,673 | |
| Taxes | 450/3 | €0 | €5,123 | +€5,123 | |
| Remuneration and social security | 454/9 | - | €3,550 | +€3,550 | |
| Other amounts payable | 47/48 | €6,385 | €3,291 | -€3,094 | -48.5% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,477 | €10,629 | +€152 | +1.4% |
| Other operating charges | 640/8 | €1,317 | €1,135 | -€181 | -13.8% |
| Gross operating margin | 9900 | -€5,447 | €48,864 | +€54,311 | |
| Operating profit (loss) | 9901 | -€17,240 | €37,100 | +€54,340 | |
| Financial income | 75/76B | €634 | €231 | -€403 | -63.5% |
| Recurring financial income | 75 | €634 | €231 | -€403 | -63.5% |
| Financial charges | 65/66B | €643 | €441 | -€201 | -31.3% |
| Recurring financial charges | 65 | €643 | €441 | -€201 | -31.3% |
| Profit (loss) for the period before taxes | 9903 | -€17,249 | €36,890 | +€54,139 | |
| Income taxes | 67/77 | €405 | €9,189 | +€8,784 | +2,167% |
| Profit (loss) for the period | 9904 | -€17,654 | €27,701 | +€45,355 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,654 | €27,701 | +€45,355 |
Next steps
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 1 November 2026 via checked.be.