SCHUURVELD: 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.
SCHUURVELD
Largest movements
- Current investments +€39,708
up €39,708 (+14.9%), from €266,025 to €305,733
- Tangible fixed assets -€25,257
down €25,257 (-10.2%), from €248,707 to €223,450
- Debts after one year +€10,000
up €10,000 (+6.7%), from €149,100 to €159,100
- Reserves +€7,836
up €7,836 (+14.1%), from €55,595 to €63,431
of which Distributable reserves: +€7,444
- Other operating charges -€1,597
down €1,597 (-19.7%), from €8,127 to €6,530
- Financial income -€635
down €635 (-22.9%), from €2,771 to €2,136
- Gross operating margin -€628
down €628 (-1.2%), from €51,107 to €50,479
- Financial charges +€561
up €561 (+6.5%), from €8,569 to €9,130
- Taxes +€529
up €529 (+15.9%), from €3,333 to €3,862
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 | €526,526 | €543,977 | +€17,451 | +3.3% |
| Fixed assets | 21/28 | €248,707 | €223,450 | -€25,257 | -10.2% |
| Tangible fixed assets | 22/27 | €248,707 | €223,450 | -€25,257 | -10.2% |
| Land and buildings | 22 | €248,707 | €223,450 | -€25,257 | -10.2% |
| Current assets | 29/58 | €277,819 | €320,527 | +€42,708 | +15.4% |
| Amounts receivable within one year | 40/41 | €530 | - | -€530 | |
| Other amounts receivable | 41 | €530 | - | -€530 | |
| Current investments | 50/53 | €266,025 | €305,733 | +€39,708 | +14.9% |
| Cash at bank and in hand | 54/58 | €10,477 | €13,865 | +€3,388 | +32.3% |
| Deferred charges and accrued income | 490/1 | €787 | €929 | +€142 | +18.0% |
| Total equity and liabilities | 10/49 | €526,526 | €543,977 | +€17,451 | +3.3% |
| Equity | 10/15 | €159,710 | €167,546 | +€7,836 | +4.9% |
| Contributions | 10/11 | €104,115 | €104,115 | = | 0.0% |
| Capital | 10 | €104,115 | €104,115 | = | 0.0% |
| Issued capital | 100 | €104,115 | €104,115 | = | 0.0% |
| Reserves | 13 | €55,595 | €63,431 | +€7,836 | +14.1% |
| Non-distributable reserves | 130/1 | €2,780 | €3,172 | +€392 | +14.1% |
| Legal reserve | 130 | €2,780 | €3,172 | +€392 | +14.1% |
| Distributable reserves | 133 | €52,815 | €60,259 | +€7,444 | +14.1% |
| Amounts payable | 17/49 | €366,816 | €376,431 | +€9,615 | +2.6% |
| Amounts payable after more than one year | 17 | €149,100 | €159,100 | +€10,000 | +6.7% |
| Financial debts | 170/4 | €149,100 | €159,100 | +€10,000 | +6.7% |
| Amounts payable within one year | 42/48 | €210,716 | €210,058 | -€658 | -0.3% |
| Taxes, remuneration and social security | 45 | €5,051 | €8,444 | +€3,393 | +67.2% |
| Taxes | 450/3 | €5,051 | €8,444 | +€3,393 | +67.2% |
| Other amounts payable | 47/48 | €205,665 | €201,614 | -€4,051 | -2.0% |
| Accrued charges and deferred income | 492/3 | €7,000 | €7,273 | +€273 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,759 | €25,257 | +€498 | +2.0% |
| Other operating charges | 640/8 | €8,127 | €6,530 | -€1,597 | -19.7% |
| Gross operating margin | 9900 | €51,107 | €50,479 | -€628 | -1.2% |
| Operating profit (loss) | 9901 | €18,221 | €18,692 | +€471 | +2.6% |
| Financial income | 75/76B | €2,771 | €2,136 | -€635 | -22.9% |
| Recurring financial income | 75 | €2,771 | €2,136 | -€635 | -22.9% |
| Financial charges | 65/66B | €8,569 | €9,130 | +€561 | +6.5% |
| Recurring financial charges | 65 | €8,569 | €9,130 | +€561 | +6.5% |
| Profit (loss) for the period before taxes | 9903 | €12,423 | €11,698 | -€725 | -5.8% |
| Income taxes | 67/77 | €3,333 | €3,862 | +€529 | +15.9% |
| Profit (loss) for the period | 9904 | €9,090 | €7,836 | -€1,254 | -13.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,090 | €7,836 | -€1,254 | -13.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.