Schraeyen Jochen: 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.
Schraeyen Jochen
Largest movements
- Receivables within one year -€68,974
down €68,974 (-51.7%), from €133,307 to €64,333
of which Trade receivables: -€39,725
- Cash -€63,515
down €63,515 (-10.8%), from €588,874 to €525,359
mainly Other debts (-€265,920) and Contributions, distributions and other (-€69,340)
- Tangible fixed assets -€26,995
down €26,995 (-4.5%), from €599,414 to €572,419
of which Land and buildings: -€15,994
- Other debts -€265,920
down €265,920 (-97.3%), from €273,267 to €7,347
- Reserves +€121,589
up €121,589 (+12.4%), from €982,644 to €1.1m
of which Distributable reserves: +€121,589
- Short-term financial debts -€19,806
down €19,806 (-100%), from €19,806 to €0
- Gross operating margin +€126,634
up €126,634 (+50.0%), from €253,460 to €380,094
- Taxes +€32,173
up €32,173 (+52.3%), from €61,503 to €93,676
- Other operating charges +€10,630
up €10,630 (+280%), from €3,796 to €14,426
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 | €1,344,314 | €1,182,183 | -€162,130 | -12.1% |
| Fixed assets | 21/28 | €599,414 | €572,419 | -€26,995 | -4.5% |
| Tangible fixed assets | 22/27 | €599,414 | €572,419 | -€26,995 | -4.5% |
| Land and buildings | 22 | €542,498 | €526,504 | -€15,994 | -2.9% |
| Furniture and vehicles | 24 | €56,916 | €45,915 | -€11,001 | -19.3% |
| Current assets | 29/58 | €744,900 | €609,764 | -€135,135 | -18.1% |
| Amounts receivable within one year | 40/41 | €133,307 | €64,333 | -€68,974 | -51.7% |
| Trade receivables | 40 | €79,511 | €39,786 | -€39,725 | -50.0% |
| Other amounts receivable | 41 | €53,796 | €24,547 | -€29,249 | -54.4% |
| Current investments | 50/53 | €22,719 | €20,073 | -€2,646 | -11.6% |
| Cash at bank and in hand | 54/58 | €588,874 | €525,359 | -€63,515 | -10.8% |
| Total equity and liabilities | 10/49 | €1,344,314 | €1,182,183 | -€162,130 | -12.1% |
| Equity | 10/15 | €996,044 | €1,117,633 | +€121,589 | +12.2% |
| Contributions | 10/11 | €13,400 | €13,400 | = | 0.0% |
| Reserves | 13 | €982,644 | €1,104,233 | +€121,589 | +12.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €980,784 | €1,102,373 | +€121,589 | +12.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €348,270 | €64,550 | -€283,720 | -81.5% |
| Amounts payable after more than one year | 17 | €19,042 | €8,810 | -€10,232 | -53.7% |
| Financial debts | 170/4 | €19,042 | €8,810 | -€10,232 | -53.7% |
| Amounts payable within one year | 42/48 | €329,227 | €55,740 | -€273,487 | -83.1% |
| Current portion of amounts payable after more than one year | 42 | €8,657 | €10,232 | +€1,575 | +18.2% |
| Financial debts | 43 | €19,806 | €0 | -€19,806 | -100% |
| Credit institutions | 430/8 | €19,806 | €0 | -€19,806 | -100% |
| Trade debts | 44 | €3,596 | €1,815 | -€1,781 | -49.5% |
| Suppliers | 440/4 | €3,596 | €1,815 | -€1,781 | -49.5% |
| Taxes, remuneration and social security | 45 | €23,901 | €36,346 | +€12,445 | +52.1% |
| Taxes | 450/3 | €23,901 | €36,346 | +€12,445 | +52.1% |
| Other amounts payable | 47/48 | €273,267 | €7,347 | -€265,920 | -97.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,676 | €37,105 | -€571 | -1.5% |
| Other operating charges | 640/8 | €3,796 | €14,426 | +€10,630 | +280% |
| Non-recurring operating charges | 66A | €0 | €27,412 | +€27,412 | |
| Gross operating margin | 9900 | €253,460 | €380,094 | +€126,634 | +50.0% |
| Operating profit (loss) | 9901 | €211,988 | €301,151 | +€89,163 | +42.1% |
| Financial income | 75/76B | €9,640 | €9,019 | -€621 | -6.4% |
| Recurring financial income | 75 | €9,640 | €9,019 | -€621 | -6.4% |
| Financial charges | 65/66B | €24,092 | €25,564 | +€1,472 | +6.1% |
| Recurring financial charges | 65 | €24,092 | €25,564 | +€1,472 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €197,536 | €284,605 | +€87,069 | +44.1% |
| Income taxes | 67/77 | €61,503 | €93,676 | +€32,173 | +52.3% |
| Profit (loss) for the period | 9904 | €136,033 | €190,929 | +€54,896 | +40.4% |
| Profit (loss) for the period to be appropriated | 9905 | €136,033 | €190,929 | +€54,896 | +40.4% |
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 27 October 2026 via checked.be.