SCHYNS PAUL: 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.
SCHYNS PAUL
Largest movements
- Tangible fixed assets -€56,135
down €56,135 (-17.5%), from €321,483 to €265,348
of which Land and buildings: -€52,289
- Cash +€9,126
up €9,126 (+15.9%), from €57,429 to €66,555
mainly Depreciation (+€60,165) and Other debts (+€33,138)
- Receivables within one year +€4,522
up €4,522 (+182.8%), from €2,473 to €6,995
of which Trade receivables: +€3,523
- Profit (loss) carried forward -€61,730
down €61,730 (-30.7%), from -€201,232 to -€262,962
- Other debts +€33,138
up €33,138 (+17.5%), from €189,520 to €222,658
- Current portion of long-term debt -€10,710
down €10,710 (-100.0%), from €10,710 to €0
- Gross operating margin -€61,010
down €61,010 (-20.1%), from €302,910 to €241,900
- Staff costs -€23,641
down €23,641 (-10.1%), from €234,433 to €210,792
- Other operating charges +€3,132
up €3,132 (+33.6%), from €9,325 to €12,457
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.
Cash bridge derived
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 | €389,260 | €346,051 | -€43,209 | -11.1% |
| Fixed assets | 21/28 | €321,483 | €265,348 | -€56,135 | -17.5% |
| Tangible fixed assets | 22/27 | €321,483 | €265,348 | -€56,135 | -17.5% |
| Land and buildings | 22 | €305,761 | €253,471 | -€52,289 | -17.1% |
| Plant, machinery and equipment | 23 | €9,500 | €9,535 | +€35 | +0.4% |
| Furniture and vehicles | 24 | €4,784 | €1,623 | -€3,161 | -66.1% |
| Other tangible fixed assets | 26 | €1,438 | €719 | -€719 | -50.0% |
| Current assets | 29/58 | €67,777 | €80,703 | +€12,926 | +19.1% |
| Stocks and contracts in progress | 3 | €5,797 | €6,721 | +€924 | +15.9% |
| Stocks | 30/36 | €5,797 | €6,721 | +€924 | +15.9% |
| Amounts receivable within one year | 40/41 | €2,473 | €6,995 | +€4,522 | +182.8% |
| Trade receivables | 40 | €2,473 | €5,997 | +€3,523 | +142.5% |
| Other amounts receivable | 41 | - | €998 | +€998 | |
| Cash at bank and in hand | 54/58 | €57,429 | €66,555 | +€9,126 | +15.9% |
| Deferred charges and accrued income | 490/1 | €2,077 | €432 | -€1,645 | -79.2% |
| Total equity and liabilities | 10/49 | €389,260 | €346,051 | -€43,209 | -11.1% |
| Equity | 10/15 | €68,720 | €6,989 | -€61,730 | -89.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €251,359 | €251,359 | = | 0.0% |
| Distributable reserves | 133 | €251,359 | €251,359 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€201,232 | -€262,962 | -€61,730 | -30.7% |
| Amounts payable | 17/49 | €320,540 | €339,062 | +€18,522 | +5.8% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Financial debts | 170/4 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €253,371 | €272,223 | +€18,852 | +7.4% |
| Current portion of amounts payable after more than one year | 42 | €10,710 | €0 | -€10,710 | -100.0% |
| Trade debts | 44 | €14,212 | €12,452 | -€1,760 | -12.4% |
| Suppliers | 440/4 | €14,212 | €12,452 | -€1,760 | -12.4% |
| Taxes, remuneration and social security | 45 | €38,929 | €37,114 | -€1,816 | -4.7% |
| Taxes | 450/3 | €11,915 | €9,068 | -€2,847 | -23.9% |
| Remuneration and social security | 454/9 | €27,014 | €28,045 | +€1,032 | +3.8% |
| Other amounts payable | 47/48 | €189,520 | €222,658 | +€33,138 | +17.5% |
| Accrued charges and deferred income | 492/3 | €17,169 | €16,839 | -€330 | -1.9% |
| Remuneration, social security and pensions | 62 | €234,433 | €210,792 | -€23,641 | -10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,766 | €60,165 | -€1,601 | -2.6% |
| Other operating charges | 640/8 | €9,325 | €12,457 | +€3,132 | +33.6% |
| Gross operating margin | 9900 | €302,910 | €241,900 | -€61,010 | -20.1% |
| Operating profit (loss) | 9901 | -€2,615 | -€41,515 | -€38,900 | -1487.7% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €22,178 | €20,215 | -€1,963 | -8.9% |
| Recurring financial charges | 65 | €22,178 | €20,215 | -€1,963 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | -€24,792 | -€61,730 | -€36,939 | -149.0% |
| Profit (loss) for the period | 9904 | -€24,792 | -€61,730 | -€36,939 | -149.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,792 | -€61,730 | -€36,939 | -149.0% |
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 11 October 2026 via checked.be.