Schreurs: 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.
Schreurs
Largest movements
- Current investments -€3.4m
down €3.4m (-91.9%), from €3.7m to €300,981
- Other debts -€2.5m
down €2.5m (-70.4%), from €3.6m to €1.1m
- Reserves -€913,667
no longer reported in 2025 (was €913,667)
- Gross operating margin -€5.7m
down €5.7m (-97.4%), from €5.9m to €150,406
- Taxes -€1.4m
down €1.4m (-97.4%), from €1.5m to €38,704
- Depreciation -€97,166
down €97,166 (-68.6%), from €141,557 to €44,391
- Financial income -€78,074
down €78,074 (-55.8%), from €139,942 to €61,869
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 | €4,495,492 | €1,076,488 | -€3.4m | -76.1% |
| Fixed assets | 21/28 | €606,404 | €594,166 | -€12,238 | -2.0% |
| Tangible fixed assets | 22/27 | €606,404 | €594,166 | -€12,238 | -2.0% |
| Land and buildings | 22 | €560,257 | €571,092 | +€10,835 | +1.9% |
| Furniture and vehicles | 24 | €46,147 | €23,073 | -€23,073 | -50.0% |
| Current assets | 29/58 | €3,889,088 | €482,322 | -€3.4m | -87.6% |
| Amounts receivable within one year | 40/41 | €103,606 | €97,527 | -€6,079 | -5.9% |
| Trade receivables | 40 | €29,056 | €47,173 | +€18,117 | +62.4% |
| Other amounts receivable | 41 | €74,550 | €50,354 | -€24,196 | -32.5% |
| Current investments | 50/53 | €3,694,198 | €300,981 | -€3.4m | -91.9% |
| Cash at bank and in hand | 54/58 | €89,852 | €75,954 | -€13,898 | -15.5% |
| Deferred charges and accrued income | 490/1 | €1,432 | €7,859 | +€6,427 | +449% |
| Total equity and liabilities | 10/49 | €4,495,492 | €1,076,488 | -€3.4m | -76.1% |
| Equity | 10/15 | €920,667 | €7,000 | -€913,667 | -99.2% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €913,667 | - | -€913,667 | |
| Distributable reserves | 133 | €913,667 | - | -€913,667 | |
| Amounts payable | 17/49 | €3,574,825 | €1,069,488 | -€2.5m | -70.1% |
| Amounts payable within one year | 42/48 | €3,574,825 | €1,069,488 | -€2.5m | -70.1% |
| Trade debts | 44 | €4,144 | €11,736 | +€7,591 | +183% |
| Suppliers | 440/4 | €4,144 | €11,736 | +€7,591 | +183% |
| Other amounts payable | 47/48 | €3,570,681 | €1,057,752 | -€2.5m | -70.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €141,557 | €44,391 | -€97,166 | -68.6% |
| Other operating charges | 640/8 | €2,151 | €1,637 | -€513 | -23.9% |
| Gross operating margin | 9900 | €5,885,435 | €150,406 | -€5.7m | -97.4% |
| Operating profit (loss) | 9901 | €5,741,727 | €104,377 | -€5.6m | -98.2% |
| Financial income | 75/76B | €139,942 | €61,869 | -€78,074 | -55.8% |
| Recurring financial income | 75 | €139,942 | €61,869 | -€78,074 | -55.8% |
| Financial charges | 65/66B | €145 | €246 | +€101 | +69.7% |
| Recurring financial charges | 65 | €145 | €246 | +€101 | +69.7% |
| Profit (loss) for the period before taxes | 9903 | €5,881,524 | €166,000 | -€5.7m | -97.2% |
| Income taxes | 67/77 | €1,467,857 | €38,704 | -€1.4m | -97.4% |
| Profit (loss) for the period | 9904 | €4,413,667 | €127,296 | -€4.3m | -97.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,413,667 | €127,296 | -€4.3m | -97.1% |
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 28 October 2026 via checked.be.