't schaap: 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.
't schaap
Largest movements
- Tangible fixed assets -€10,322
down €10,322 (-30.0%), from €34,448 to €24,126
of which Other tangible fixed assets: -€10,990
- Cash +€8,497
up €8,497 (+32.0%), from €26,578 to €35,075
mainly Net result for the year (+€40,417) and Depreciation (+€14,619)
- Stocks and contracts +€6,811
up €6,811 (+113%), from €6,041 to €12,852
- Receivables within one year +€5,594
up €5,594 (+140%), from €4,000 to €9,594
of which Other amounts receivable: +€9,594
- Profit (loss) carried forward +€40,417
up €40,417 (+542%), from €7,453 to €47,870
- Other debts -€19,638
down €19,638 (-100%), from €19,638 to €0
- Trade debts -€6,438
down €6,438 (-38.8%), from €16,608 to €10,169
- Tax, wage and social debts -€3,822
down €3,822 (-41.1%), from €9,289 to €5,467
of which Remuneration and social security: -€3,464
- Staff costs -€52,623
down €52,623 (-60.0%), from €87,637 to €35,014
- Gross operating margin -€45,286
down €45,286 (-31.4%), from €144,174 to €98,888
- Taxes +€6,027
new in 2025: €6,027
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 | €73,448 | €83,965 | +€10,517 | +14.3% |
| Fixed assets | 21/28 | €36,099 | €25,343 | -€10,756 | -29.8% |
| Intangible fixed assets | 21 | €878 | €258 | -€620 | -70.6% |
| Tangible fixed assets | 22/27 | €34,448 | €24,126 | -€10,322 | -30.0% |
| Plant, machinery and equipment | 23 | €433 | €185 | -€248 | -57.2% |
| Furniture and vehicles | 24 | €4,523 | €5,439 | +€916 | +20.2% |
| Other tangible fixed assets | 26 | €29,491 | €18,501 | -€10,990 | -37.3% |
| Financial fixed assets | 28 | €773 | €958 | +€186 | +24.0% |
| Current assets | 29/58 | €37,349 | €58,623 | +€21,274 | +57.0% |
| Stocks and contracts in progress | 3 | €6,041 | €12,852 | +€6,811 | +113% |
| Stocks | 30/36 | €6,041 | €12,852 | +€6,811 | +113% |
| Amounts receivable within one year | 40/41 | €4,000 | €9,594 | +€5,594 | +140% |
| Trade receivables | 40 | €4,000 | €0 | -€4,000 | -100% |
| Other amounts receivable | 41 | - | €9,594 | +€9,594 | |
| Cash at bank and in hand | 54/58 | €26,578 | €35,075 | +€8,497 | +32.0% |
| Deferred charges and accrued income | 490/1 | €730 | €1,102 | +€372 | +51.0% |
| Total equity and liabilities | 10/49 | €73,448 | €83,965 | +€10,517 | +14.3% |
| Equity | 10/15 | €27,913 | €68,330 | +€40,417 | +145% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €7,453 | €47,870 | +€40,417 | +542% |
| Amounts payable | 17/49 | €45,535 | €15,636 | -€29,899 | -65.7% |
| Amounts payable within one year | 42/48 | €45,535 | €15,636 | -€29,899 | -65.7% |
| Trade debts | 44 | €16,608 | €10,169 | -€6,438 | -38.8% |
| Suppliers | 440/4 | €16,608 | €10,169 | -€6,438 | -38.8% |
| Taxes, remuneration and social security | 45 | €9,289 | €5,467 | -€3,822 | -41.1% |
| Taxes | 450/3 | €5,807 | €5,449 | -€359 | -6.2% |
| Remuneration and social security | 454/9 | €3,482 | €18 | -€3,464 | -99.5% |
| Other amounts payable | 47/48 | €19,638 | €0 | -€19,638 | -100% |
| Non-recurring operating income | 76A | - | €2,436 | +€2,436 | |
| Remuneration, social security and pensions | 62 | €87,637 | €35,014 | -€52,623 | -60.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,564 | €14,619 | +€1,055 | +7.8% |
| Other operating charges | 640/8 | €2,753 | €2,623 | -€130 | -4.7% |
| Gross operating margin | 9900 | €144,174 | €98,888 | -€45,286 | -31.4% |
| Operating profit (loss) | 9901 | €40,221 | €46,633 | +€6,411 | +15.9% |
| Financial income | 75/76B | €1,421 | €5 | -€1,416 | -99.7% |
| Recurring financial income | 75 | €1,421 | €5 | -€1,416 | -99.7% |
| Financial charges | 65/66B | €479 | €194 | -€285 | -59.5% |
| Recurring financial charges | 65 | €479 | €194 | -€285 | -59.5% |
| Profit (loss) for the period before taxes | 9903 | €41,164 | €46,444 | +€5,280 | +12.8% |
| Income taxes | 67/77 | - | €6,027 | +€6,027 | |
| Profit (loss) for the period | 9904 | €41,164 | €40,417 | -€747 | -1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €41,164 | €40,417 | -€747 | -1.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.