Schrijvers Projects: 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.
Schrijvers Projects
Largest movements
- Tangible fixed assets +€261,308
up €261,308 (+155.2%), from €168,385 to €429,692
of which Land and buildings: +€251,416
- Cash -€74,770
down €74,770 (-43.3%), from €172,497 to €97,726
mainly Investment in fixed assets (net) (-€309,454) and Other debts (-€295,147)
- Stocks and contracts -€40,929
down €40,929 (-17.1%), from €238,779 to €197,850
- Receivables within one year -€10,238
down €10,238 (-18.1%), from €56,536 to €46,298
of which Trade receivables: -€10,685
- Other debts -€295,147
down €295,147 (-89.3%), from €330,657 to €35,510
- Debts after one year +€209,888
new in 2025: €209,888
- Short-term financial debts +€200,000
new in 2025: €200,000
- Reserves +€52,966
up €52,966 (+32.1%), from €164,904 to €217,870
- Trade debts -€49,852
down €49,852 (-78.0%), from €63,913 to €14,060
- Gross operating margin +€51,548
up €51,548 (+21.6%), from €238,626 to €290,174
- Depreciation +€33,239
up €33,239 (+175.8%), from €18,907 to €52,146
- Staff costs +€17,980
up €17,980 (+14.4%), from €124,726 to €142,705
- Financial charges +€5,839
up €5,839 (+122.9%), from €4,753 to €10,592
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.
Cash bridge derived
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 | €648,921 | €781,487 | +€132,566 | +20.4% |
| Fixed assets | 21/28 | €177,830 | €435,137 | +€257,308 | +144.7% |
| Intangible fixed assets | 21 | €8,000 | €4,000 | -€4,000 | -50.0% |
| Tangible fixed assets | 22/27 | €168,385 | €429,692 | +€261,308 | +155.2% |
| Land and buildings | 22 | €156,306 | €407,722 | +€251,416 | +160.8% |
| Plant, machinery and equipment | 23 | €7,408 | €8,989 | +€1,581 | +21.3% |
| Furniture and vehicles | 24 | €3,542 | €12,982 | +€9,440 | +266.5% |
| Other tangible fixed assets | 26 | €1,129 | €0 | -€1,129 | -100.0% |
| Financial fixed assets | 28 | €1,445 | €1,445 | = | 0.0% |
| Current assets | 29/58 | €471,092 | €346,349 | -€124,742 | -26.5% |
| Stocks and contracts in progress | 3 | €238,779 | €197,850 | -€40,929 | -17.1% |
| Stocks | 30/36 | €238,779 | €197,850 | -€40,929 | -17.1% |
| Amounts receivable within one year | 40/41 | €56,536 | €46,298 | -€10,238 | -18.1% |
| Trade receivables | 40 | €56,536 | €45,850 | -€10,685 | -18.9% |
| Other amounts receivable | 41 | €0 | €448 | +€448 | |
| Cash at bank and in hand | 54/58 | €172,497 | €97,726 | -€74,770 | -43.3% |
| Deferred charges and accrued income | 490/1 | €3,281 | €4,475 | +€1,195 | +36.4% |
| Total equity and liabilities | 10/49 | €648,921 | €781,487 | +€132,566 | +20.4% |
| Equity | 10/15 | €224,904 | €277,870 | +€52,966 | +23.6% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €164,904 | €217,870 | +€52,966 | +32.1% |
| Distributable reserves | 133 | €164,904 | €217,870 | +€52,966 | +32.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €424,017 | €503,617 | +€79,600 | +18.8% |
| Amounts payable after more than one year | 17 | - | €209,888 | +€209,888 | |
| Financial debts | 170/4 | - | €209,888 | +€209,888 | |
| Amounts payable within one year | 42/48 | €419,300 | €285,506 | -€133,794 | -31.9% |
| Current portion of amounts payable after more than one year | 42 | - | €20,112 | +€20,112 | |
| Financial debts | 43 | - | €200,000 | +€200,000 | |
| Other loans | 439 | - | €200,000 | +€200,000 | |
| Trade debts | 44 | €63,913 | €14,060 | -€49,852 | -78.0% |
| Suppliers | 440/4 | €63,913 | €14,060 | -€49,852 | -78.0% |
| Taxes, remuneration and social security | 45 | €24,731 | €15,824 | -€8,907 | -36.0% |
| Taxes | 450/3 | €9,519 | €7,140 | -€2,380 | -25.0% |
| Remuneration and social security | 454/9 | €15,212 | €8,684 | -€6,528 | -42.9% |
| Other amounts payable | 47/48 | €330,657 | €35,510 | -€295,147 | -89.3% |
| Accrued charges and deferred income | 492/3 | €4,717 | €8,223 | +€3,507 | +74.3% |
| Remuneration, social security and pensions | 62 | €124,726 | €142,705 | +€17,980 | +14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,907 | €52,146 | +€33,239 | +175.8% |
| Other operating charges | 640/8 | €1,938 | €2,676 | +€738 | +38.1% |
| Gross operating margin | 9900 | €238,626 | €290,174 | +€51,548 | +21.6% |
| Operating profit (loss) | 9901 | €93,056 | €92,647 | -€408 | -0.4% |
| Financial income | 75/76B | €550 | €258 | -€292 | -53.1% |
| Recurring financial income | 75 | €550 | €258 | -€292 | -53.1% |
| Financial charges | 65/66B | €4,753 | €10,592 | +€5,839 | +122.9% |
| Recurring financial charges | 65 | €4,753 | €10,592 | +€5,839 | +122.9% |
| Profit (loss) for the period before taxes | 9903 | €88,853 | €82,313 | -€6,540 | -7.4% |
| Income taxes | 67/77 | €29,744 | €27,630 | -€2,114 | -7.1% |
| Profit (loss) for the period | 9904 | €59,109 | €54,684 | -€4,426 | -7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €59,109 | €54,684 | -€4,426 | -7.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.