Schraepen: 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.
Schraepen
Largest movements
- Cash -€514,707
down €514,707 (-88.6%), from €580,795 to €66,087
mainly Contributions, distributions and other (-€1.0m) and Trade debts (-€5,440)
- Current investments -€118,536
down €118,536 (-6.5%), from €1.8m to €1.7m
- Receivables within one year -€32,225
down €32,225 (-27.5%), from €117,001 to €84,776
of which Trade receivables: -€24,733
- Tangible fixed assets -€29,340
down €29,340 (-100%), from €29,340 to €0
of which Land and buildings: -€29,340
- Reserves -€721,547
down €721,547 (-28.7%), from €2.5m to €1.8m
- Staff costs -€169,307
down €169,307 (-100%), from €169,307 to €0
- Taxes +€106,152
up €106,152 (+609%), from €17,433 to €123,584
- Gross operating margin +€36,010
up €36,010 (+11.0%), from €327,896 to €363,907
- Financial income +€27,914
up €27,914 (+142%), from €19,688 to €47,602
of which Financial income: +€27,914
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 | €2,563,991 | €1,861,936 | -€702,055 | -27.4% |
| Fixed assets | 21/28 | €29,340 | €0 | -€29,340 | -100% |
| Tangible fixed assets | 22/27 | €29,340 | €0 | -€29,340 | -100% |
| Land and buildings | 22 | €29,340 | €0 | -€29,340 | -100% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €2,534,651 | €1,861,936 | -€672,715 | -26.5% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €117,001 | €84,776 | -€32,225 | -27.5% |
| Trade receivables | 40 | €109,509 | €84,776 | -€24,733 | -22.6% |
| Other amounts receivable | 41 | €7,492 | €0 | -€7,492 | -100% |
| Current investments | 50/53 | €1,828,420 | €1,709,884 | -€118,536 | -6.5% |
| Cash at bank and in hand | 54/58 | €580,795 | €66,087 | -€514,707 | -88.6% |
| Deferred charges and accrued income | 490/1 | €8,436 | €1,189 | -€7,247 | -85.9% |
| Total equity and liabilities | 10/49 | €2,563,991 | €1,861,936 | -€702,055 | -27.4% |
| Equity | 10/15 | €2,534,291 | €1,812,744 | -€721,547 | -28.5% |
| Contributions | 10/11 | €20,650 | €20,650 | = | 0.0% |
| Reserves | 13 | €2,513,641 | €1,792,094 | -€721,547 | -28.7% |
| Distributable reserves | 133 | €2,513,641 | €1,792,094 | -€721,547 | -28.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €29,700 | €49,192 | +€19,492 | +65.6% |
| Amounts payable within one year | 42/48 | €29,700 | €49,192 | +€19,492 | +65.6% |
| Trade debts | 44 | €6,273 | €833 | -€5,440 | -86.7% |
| Suppliers | 440/4 | €6,273 | €833 | -€5,440 | -86.7% |
| Taxes, remuneration and social security | 45 | €14,657 | €39,314 | +€24,656 | +168% |
| Taxes | 450/3 | €1,559 | €36,111 | +€34,551 | +2,216% |
| Remuneration and social security | 454/9 | €13,098 | €3,203 | -€9,895 | -75.5% |
| Other amounts payable | 47/48 | €8,770 | €9,046 | +€276 | +3.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €82,080 | €374,765 | +€292,685 | +357% |
| Remuneration, social security and pensions | 62 | €169,307 | €0 | -€169,307 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €362 | €0 | -€362 | -100% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €12,415 | €9,312 | -€3,103 | -25.0% |
| Non-recurring operating charges | 66A | €949 | €0 | -€949 | -100% |
| Gross operating margin | 9900 | €327,896 | €363,907 | +€36,010 | +11.0% |
| Operating profit (loss) | 9901 | €144,865 | €354,595 | +€209,730 | +145% |
| Financial income | 75/76B | €19,688 | €47,602 | +€27,914 | +142% |
| Recurring financial income | 75 | €19,688 | €47,602 | +€27,914 | +142% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €333 | €160 | -€173 | -52.0% |
| Recurring financial charges | 65 | €333 | €160 | -€173 | -52.0% |
| Profit (loss) for the period before taxes | 9903 | €164,220 | €402,037 | +€237,817 | +145% |
| Income taxes | 67/77 | €17,433 | €123,584 | +€106,152 | +609% |
| Profit (loss) for the period | 9904 | €146,787 | €278,453 | +€131,666 | +89.7% |
| Profit (loss) for the period to be appropriated | 9905 | €146,787 | €278,453 | +€131,666 | +89.7% |
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.