SCHUMAN 14: what changed
What changed
SCHUMAN 14
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
filed annual accounts (NBB)
Net result for the year
€342,495
2024 · €332,612+€9,883
Equity
€4.1m
2024 · €3.7m+€342,495
Cash
€841,407
2024 · €1.4m-€520,264
Balance sheet total
€5.5m
2024 · €5.7m-€266,557
Largest movements
Assets
- Cash -€520,264
down €520,264 (-38.2%), from €1.4m to €841,407
mainly Other debts (-€1.0m) and Receivables within one year (-€301,235)
- Receivables within one year +€301,235
up €301,235 (+124%), from €242,306 to €543,541
of which Trade receivables: +€310,775
- Tangible fixed assets -€213,857
down €213,857 (-5.4%), from €3.9m to €3.7m
of which Land and buildings: -€211,547
- Deferred charges and accrued income +€166,329
up €166,329 (+89.9%), from €184,972 to €351,301
Equity and liabilities
- Other debts -€1.0m
down €1.0m (-100%), from €1.0m to €0
- Profit (loss) carried forward +€402,344
up €402,344 (+30.2%), from €1.3m to €1.7m
- Accrued charges and deferred income +€221,390
up €221,390 (+50.4%), from €439,459 to €660,849
- Advances received +€175,661
up €175,661 (+118%), from €148,503 to €324,164
Income statement
- Gross operating margin +€14,593
up €14,593 (+1.8%), from €822,991 to €837,585
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€332,612
Gross operating margin
+€14,593
Depreciation
+€2,311
Other operating charges
-€3,756
Financial charges
+€23
Taxes
-€3,288
Result 2025
€342,495
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€520,264
Investment
€0
Financing
€0
Cash 2024
€1.4m
From operations (derived)
-€520,264
Net result for the year
+€342,495
Depreciation
+€213,857
Receivables within one year
-€301,235
Deferred charges and accrued income
-€166,329
Provisions
-€19,950
Trade debts
-€8,480
Tax, wage and social debts
+€22,326
Advances received
+€175,661
Other debts
-€1.0m
Accrued charges and deferred income
+€221,390
Cash 2025
€841,407
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,719,236 | €5,452,679 | -€266,557 | -4.7% |
| Fixed assets | 21/28 | €3,930,288 | €3,716,431 | -€213,857 | -5.4% |
| Tangible fixed assets | 22/27 | €3,930,288 | €3,716,431 | -€213,857 | -5.4% |
| Land and buildings | 22 | €3,927,977 | €3,716,431 | -€211,547 | -5.4% |
| Plant, machinery and equipment | 23 | €2,311 | €0 | -€2,311 | -100% |
| Current assets | 29/58 | €1,788,948 | €1,736,248 | -€52,700 | -2.9% |
| Amounts receivable within one year | 40/41 | €242,306 | €543,541 | +€301,235 | +124% |
| Trade receivables | 40 | €232,765 | €543,541 | +€310,775 | +134% |
| Other amounts receivable | 41 | €9,540 | €0 | -€9,540 | -100% |
| Cash at bank and in hand | 54/58 | €1,361,671 | €841,407 | -€520,264 | -38.2% |
| Deferred charges and accrued income | 490/1 | €184,972 | €351,301 | +€166,329 | +89.9% |
| Total equity and liabilities | 10/49 | €5,719,236 | €5,452,679 | -€266,557 | -4.7% |
| Equity | 10/15 | €3,739,697 | €4,082,192 | +€342,495 | +9.2% |
| Contributions | 10/11 | €79,480 | €79,480 | = | 0.0% |
| Capital | 10 | €79,480 | €79,480 | = | 0.0% |
| Issued capital | 100 | €79,480 | €79,480 | = | 0.0% |
| Revaluation surpluses | 12 | €935,109 | €899,654 | -€35,455 | -3.8% |
| Reserves | 13 | €1,393,582 | €1,369,187 | -€24,395 | -1.8% |
| Non-distributable reserves | 130/1 | €57,948 | €57,948 | = | 0.0% |
| Legal reserve | 130 | €57,948 | €57,948 | = | 0.0% |
| Tax-exempt reserves | 132 | €801,193 | €741,343 | -€59,850 | -7.5% |
| Distributable reserves | 133 | €534,441 | €569,896 | +€35,455 | +6.6% |
| Profit (loss) carried forward | 14 | €1,331,526 | €1,733,870 | +€402,344 | +30.2% |
| Provisions and deferred taxes | 16 | €267,064 | €247,114 | -€19,950 | -7.5% |
| Deferred taxes | 168 | €267,064 | €247,114 | -€19,950 | -7.5% |
| Amounts payable | 17/49 | €1,712,475 | €1,123,373 | -€589,103 | -34.4% |
| Amounts payable after more than one year | 17 | €104,526 | €104,526 | = | 0.0% |
| Other amounts payable | 178/9 | €104,526 | €104,526 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,168,491 | €357,998 | -€810,493 | -69.4% |
| Trade debts | 44 | €19,618 | €11,138 | -€8,480 | -43.2% |
| Suppliers | 440/4 | €19,618 | €11,138 | -€8,480 | -43.2% |
| Advances received on contracts in progress | 46 | €148,503 | €324,164 | +€175,661 | +118% |
| Taxes, remuneration and social security | 45 | €370 | €22,696 | +€22,326 | +6,031% |
| Taxes | 450/3 | €370 | €22,696 | +€22,326 | +6,031% |
| Other amounts payable | 47/48 | €1,000,000 | €0 | -€1.0m | -100% |
| Accrued charges and deferred income | 492/3 | €439,459 | €660,849 | +€221,390 | +50.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €216,168 | €213,857 | -€2,311 | -1.1% |
| Other operating charges | 640/8 | €144,995 | €148,751 | +€3,756 | +2.6% |
| Gross operating margin | 9900 | €822,991 | €837,585 | +€14,593 | +1.8% |
| Operating profit (loss) | 9901 | €461,828 | €474,976 | +€13,148 | +2.8% |
| Financial charges | 65/66B | €706 | €683 | -€23 | -3.2% |
| Recurring financial charges | 65 | €706 | €683 | -€23 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €461,122 | €474,293 | +€13,171 | +2.9% |
| Transfer from deferred taxes | 780 | €19,950 | €19,950 | +€0 | 0.0% |
| Income taxes | 67/77 | €148,460 | €151,748 | +€3,288 | +2.2% |
| Profit (loss) for the period | 9904 | €332,612 | €342,495 | +€9,883 | +3.0% |
| Transfer from tax-exempt reserves | 789 | €59,850 | €59,850 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €392,462 | €402,344 | +€9,883 | +2.5% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.