SCHUITEN COPYRIGHT: 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.
SCHUITEN COPYRIGHT
Largest movements
- Cash +€115,964
up €115,964 (+51.5%), from €225,209 to €341,172
mainly Other debts (+€461,862) and Net result for the year (+€157,477)
- Receivables within one year +€74,695
up €74,695 (+84.2%), from €88,713 to €163,407
of which Trade receivables: +€47,484
- Receivables after one year -€43,290
down €43,290 (-6.5%), from €668,780 to €625,490
- Tangible fixed assets -€33,087
down €33,087 (-7.1%), from €463,921 to €430,834
of which Land and buildings: -€33,961
- Other debts +€461,862
up €461,862 (+599%), from €77,046 to €538,909
- Reserves -€370,741
down €370,741 (-34.6%), from €1.1m to €701,846
of which Distributable reserves: -€370,741
- Tax, wage and social debts +€36,984
up €36,984 (+606%), from €6,108 to €43,091
- Gross operating margin +€155,559
up €155,559 (+115%), from €134,706 to €290,265
- Taxes +€37,118
up €37,118 (+110%), from €33,894 to €71,012
- Depreciation +€35,862
up €35,862 (+119%), from €30,040 to €65,901
- Financial charges +€8,186
up €8,186 (+416%), from €1,969 to €10,155
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 | €1,456,344 | €1,568,946 | +€112,601 | +7.7% |
| Fixed assets | 21/28 | €472,975 | €437,859 | -€35,115 | -7.4% |
| Intangible fixed assets | 21 | €8,934 | €7,026 | -€1,908 | -21.4% |
| Tangible fixed assets | 22/27 | €463,921 | €430,834 | -€33,087 | -7.1% |
| Land and buildings | 22 | €252,463 | €218,503 | -€33,961 | -13.5% |
| Furniture and vehicles | 24 | €3,287 | €10,150 | +€6,864 | +209% |
| Other tangible fixed assets | 26 | €208,171 | €202,181 | -€5,991 | -2.9% |
| Financial fixed assets | 28 | €120 | €0 | -€120 | -100% |
| Current assets | 29/58 | €983,370 | €1,131,086 | +€147,717 | +15.0% |
| Amounts receivable after more than one year | 29 | €668,780 | €625,490 | -€43,290 | -6.5% |
| Other amounts receivable | 291 | €668,780 | €625,490 | -€43,290 | -6.5% |
| Amounts receivable within one year | 40/41 | €88,713 | €163,407 | +€74,695 | +84.2% |
| Trade receivables | 40 | €17,448 | €64,933 | +€47,484 | +272% |
| Other amounts receivable | 41 | €71,265 | €98,475 | +€27,210 | +38.2% |
| Cash at bank and in hand | 54/58 | €225,209 | €341,172 | +€115,964 | +51.5% |
| Deferred charges and accrued income | 490/1 | €668 | €1,016 | +€348 | +52.1% |
| Total equity and liabilities | 10/49 | €1,456,344 | €1,568,946 | +€112,601 | +7.7% |
| Equity | 10/15 | €1,134,088 | €763,346 | -€370,741 | -32.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €1,072,588 | €701,846 | -€370,741 | -34.6% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €1,066,438 | €695,696 | -€370,741 | -34.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €322,257 | €805,599 | +€483,342 | +150% |
| Amounts payable after more than one year | 17 | €214,793 | €203,222 | -€11,572 | -5.4% |
| Financial debts | 170/4 | €214,793 | €203,222 | -€11,572 | -5.4% |
| Amounts payable within one year | 42/48 | €107,457 | €602,367 | +€494,911 | +461% |
| Current portion of amounts payable after more than one year | 42 | €12,786 | €11,572 | -€1,214 | -9.5% |
| Financial debts | 43 | €9,748 | €1,510 | -€8,238 | -84.5% |
| Credit institutions | 430/8 | €9,748 | €1,510 | -€8,238 | -84.5% |
| Trade debts | 44 | €1,769 | €7,286 | +€5,516 | +312% |
| Suppliers | 440/4 | €1,769 | €7,286 | +€5,516 | +312% |
| Taxes, remuneration and social security | 45 | €6,108 | €43,091 | +€36,984 | +606% |
| Taxes | 450/3 | €6,108 | €43,091 | +€36,984 | +606% |
| Other amounts payable | 47/48 | €77,046 | €538,909 | +€461,862 | +599% |
| Accrued charges and deferred income | 492/3 | €7 | €10 | +€4 | +55.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,040 | €65,901 | +€35,862 | +119% |
| Other operating charges | 640/8 | €4,037 | €1,896 | -€2,141 | -53.0% |
| Gross operating margin | 9900 | €134,706 | €290,265 | +€155,559 | +115% |
| Operating profit (loss) | 9901 | €100,629 | €222,467 | +€121,838 | +121% |
| Financial income | 75/76B | €17,352 | €16,177 | -€1,176 | -6.8% |
| Recurring financial income | 75 | €17,352 | €16,177 | -€1,176 | -6.8% |
| Financial charges | 65/66B | €1,969 | €10,155 | +€8,186 | +416% |
| Recurring financial charges | 65 | €1,969 | €10,155 | +€8,186 | +416% |
| Profit (loss) for the period before taxes | 9903 | €116,013 | €228,488 | +€112,476 | +97.0% |
| Income taxes | 67/77 | €33,894 | €71,012 | +€37,118 | +110% |
| Profit (loss) for the period | 9904 | €82,119 | €157,477 | +€75,358 | +91.8% |
| Profit (loss) for the period to be appropriated | 9905 | €82,119 | €157,477 | +€75,358 | +91.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.