SCHUT BELGIë: what changed
SCHUT BELGIë
Largest movements
- Cash +€113,412
up €113,412 (+54.5%), from €207,905 to €321,316
mainly Other debts (+€99,591) and Net result for the year (+€18,352)
- Other debts +€99,591
up €99,591 (+50.1%), from €198,666 to €298,257
- Profit (loss) carried forward +€18,352
up €18,352 (+36.6%), from €50,125 to €68,478
- Accrued charges and deferred income -€5,040
down €5,040 (-57.7%), from €8,740 to €3,700
- Gross operating margin -€4,279
down €4,279 (-11.4%), from €37,629 to €33,349
- Taxes -€1,491
down €1,491 (-19.6%), from €7,609 to €6,117
- Financial charges +€1,464
up €1,464 (+28.9%), from €5,057 to €6,520
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €280,898 | €396,162 | +€115,264 | +41.0% |
| Current assets | 29/58 | €280,898 | €396,162 | +€115,264 | +41.0% |
| Amounts receivable within one year | 40/41 | €72,994 | €74,846 | +€1,852 | +2.5% |
| Trade receivables | 40 | €67,165 | €67,401 | +€236 | +0.4% |
| Other amounts receivable | 41 | €5,829 | €7,445 | +€1,617 | +27.7% |
| Cash at bank and in hand | 54/58 | €207,905 | €321,316 | +€113,412 | +54.5% |
| Total equity and liabilities | 10/49 | €280,898 | €396,162 | +€115,264 | +41.0% |
| Equity | 10/15 | €70,585 | €88,938 | +€18,352 | +26.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,125 | €68,478 | +€18,352 | +36.6% |
| Amounts payable | 17/49 | €210,313 | €307,225 | +€96,912 | +46.1% |
| Amounts payable within one year | 42/48 | €201,573 | €303,525 | +€101,952 | +50.6% |
| Trade debts | 44 | €1,566 | €4,336 | +€2,770 | +177% |
| Suppliers | 440/4 | €1,566 | €4,336 | +€2,770 | +177% |
| Taxes, remuneration and social security | 45 | €1,341 | €932 | -€409 | -30.5% |
| Taxes | 450/3 | €1,341 | €932 | -€409 | -30.5% |
| Other amounts payable | 47/48 | €198,666 | €298,257 | +€99,591 | +50.1% |
| Accrued charges and deferred income | 492/3 | €8,740 | €3,700 | -€5,040 | -57.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€297 | €0 | +€297 | |
| Other operating charges | 640/8 | €2,649 | €2,359 | -€291 | -11.0% |
| Gross operating margin | 9900 | €37,629 | €33,349 | -€4,279 | -11.4% |
| Operating profit (loss) | 9901 | €35,277 | €30,990 | -€4,286 | -12.2% |
| Financial charges | 65/66B | €5,057 | €6,520 | +€1,464 | +28.9% |
| Recurring financial charges | 65 | €5,057 | €6,520 | +€1,464 | +28.9% |
| Profit (loss) for the period before taxes | 9903 | €30,220 | €24,470 | -€5,750 | -19.0% |
| Income taxes | 67/77 | €7,609 | €6,117 | -€1,491 | -19.6% |
| Profit (loss) for the period | 9904 | €22,611 | €18,352 | -€4,259 | -18.8% |
| Profit (loss) for the period to be appropriated | 9905 | €22,611 | €18,352 | -€4,259 | -18.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.