Schuttershof 48: 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.
Schuttershof 48
Largest movements
- Tangible fixed assets -€595,478
down €595,478 (-14.6%), from €4.1m to €3.5m
- Receivables within one year -€102,986
down €102,986 (-74.9%), from €137,500 to €34,514
- Other debts -€624,504
down €624,504 (-99.4%), from €628,185 to €3,681
- Debts after one year -€203,263
down €203,263 (-5.7%), from €3.5m to €3.3m
- Profit (loss) carried forward +€132,558
up €132,558 (+78.4%), from -€169,035 to -€36,477
- Financial charges -€42,485
down €42,485 (-31.8%), from €133,416 to €90,931
- Gross operating margin +€35,263
up €35,263 (+11.7%), from €300,790 to €336,054
- Depreciation -€13,587
down €13,587 (-11.3%), from €119,920 to €106,333
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,225,444 | €3,526,984 | -€698,460 | -16.5% |
| Fixed assets | 21/28 | €4,087,944 | €3,492,466 | -€595,478 | -14.6% |
| Tangible fixed assets | 22/27 | €4,087,944 | €3,492,466 | -€595,478 | -14.6% |
| Land and buildings | 22 | €4,087,944 | €3,492,466 | -€595,478 | -14.6% |
| Current assets | 29/58 | €137,501 | €34,518 | -€102,982 | -74.9% |
| Amounts receivable within one year | 40/41 | €137,500 | €34,514 | -€102,986 | -74.9% |
| Other amounts receivable | 41 | €137,500 | €34,514 | -€102,986 | -74.9% |
| Cash at bank and in hand | 54/58 | €1 | €4 | +€4 | +575% |
| Total equity and liabilities | 10/49 | €4,225,444 | €3,526,984 | -€698,460 | -16.5% |
| Equity | 10/15 | -€162,835 | -€30,277 | +€132,558 | +81.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€169,035 | -€36,477 | +€132,558 | +78.4% |
| Amounts payable | 17/49 | €4,388,279 | €3,557,261 | -€831,019 | -18.9% |
| Amounts payable after more than one year | 17 | €3,535,329 | €3,332,065 | -€203,263 | -5.7% |
| Financial debts | 170/4 | €3,535,329 | €3,332,065 | -€203,263 | -5.7% |
| Amounts payable within one year | 42/48 | €852,950 | €225,195 | -€627,755 | -73.6% |
| Current portion of amounts payable after more than one year | 42 | €215,534 | €220,014 | +€4,480 | +2.1% |
| Trade debts | 44 | €9,232 | €1,500 | -€7,732 | -83.8% |
| Suppliers | 440/4 | €9,232 | €1,500 | -€7,732 | -83.8% |
| Other amounts payable | 47/48 | €628,185 | €3,681 | -€624,504 | -99.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €119,920 | €106,333 | -€13,587 | -11.3% |
| Other operating charges | 640/8 | €4,753 | €6,231 | +€1,478 | +31.1% |
| Gross operating margin | 9900 | €300,790 | €336,054 | +€35,263 | +11.7% |
| Operating profit (loss) | 9901 | €176,117 | €223,489 | +€47,372 | +26.9% |
| Financial charges | 65/66B | €133,416 | €90,931 | -€42,485 | -31.8% |
| Recurring financial charges | 65 | €133,416 | €90,931 | -€42,485 | -31.8% |
| Profit (loss) for the period before taxes | 9903 | €42,701 | €132,558 | +€89,858 | +210% |
| Profit (loss) for the period | 9904 | €42,701 | €132,558 | +€89,858 | +210% |
| Profit (loss) for the period to be appropriated | 9905 | €42,701 | €132,558 | +€89,858 | +210% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.