'T SCHALIENHUIS: 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 SCHALIENHUIS
Largest movements
- Tangible fixed assets -€97,259
down €97,259 (-18.9%), from €514,242 to €416,983
of which Land and buildings: -€51,828
- Receivables within one year -€36,416
down €36,416 (-53.7%), from €67,811 to €31,395
of which Other amounts receivable: -€26,416
- Stocks and contracts -€25,481
down €25,481 (-71.4%), from €35,673 to €10,192
- Cash -€21,806
down €21,806 (-41.0%), from €53,144 to €31,338
mainly Debts after one year (-€101,311) and Trade debts (-€62,395)
- Debts after one year -€101,311
down €101,311 (-39.6%), from €255,688 to €154,378
- Trade debts -€62,395
down €62,395 (-59.3%), from €105,263 to €42,868
- Tax, wage and social debts -€19,139
down €19,139 (-46.3%), from €41,331 to €22,192
of which Taxes: -€11,165
- Current portion of long-term debt +€10,317
up €10,317 (+7.5%), from €138,079 to €148,396
- Staff costs -€80,844
down €80,844 (-27.2%), from €297,532 to €216,688
- Gross operating margin -€73,902
down €73,902 (-16.5%), from €449,218 to €375,316
- Depreciation +€5,510
up €5,510 (+4.1%), from €135,694 to €141,204
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 | €686,571 | €514,930 | -€171,642 | -25.0% |
| Fixed assets | 21/28 | €514,242 | €423,670 | -€90,572 | -17.6% |
| Intangible fixed assets | 21 | - | €6,687 | +€6,687 | |
| Tangible fixed assets | 22/27 | €514,242 | €416,983 | -€97,259 | -18.9% |
| Land and buildings | 22 | €338,813 | €286,985 | -€51,828 | -15.3% |
| Plant, machinery and equipment | 23 | €166,502 | €125,333 | -€41,169 | -24.7% |
| Furniture and vehicles | 24 | €8,927 | €4,665 | -€4,261 | -47.7% |
| Current assets | 29/58 | €172,329 | €91,260 | -€81,070 | -47.0% |
| Stocks and contracts in progress | 3 | €35,673 | €10,192 | -€25,481 | -71.4% |
| Stocks | 30/36 | €35,673 | €10,192 | -€25,481 | -71.4% |
| Amounts receivable within one year | 40/41 | €67,811 | €31,395 | -€36,416 | -53.7% |
| Trade receivables | 40 | €32,234 | €22,234 | -€10,000 | -31.0% |
| Other amounts receivable | 41 | €35,577 | €9,160 | -€26,416 | -74.3% |
| Current investments | 50/53 | €10,004 | €10,004 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €53,144 | €31,338 | -€21,806 | -41.0% |
| Deferred charges and accrued income | 490/1 | €5,698 | €8,331 | +€2,633 | +46.2% |
| Total equity and liabilities | 10/49 | €686,571 | €514,930 | -€171,642 | -25.0% |
| Equity | 10/15 | €145,760 | €146,746 | +€986 | +0.7% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €109,190 | €106,746 | -€2,443 | -2.2% |
| Non-distributable reserves | 130/1 | €4,000 | €4,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,000 | €4,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,078 | €10,078 | = | 0.0% |
| Distributable reserves | 133 | €95,112 | €92,668 | -€2,443 | -2.6% |
| Profit (loss) carried forward | 14 | -€3,430 | €0 | +€3,430 | |
| Amounts payable | 17/49 | €540,811 | €368,183 | -€172,628 | -31.9% |
| Amounts payable after more than one year | 17 | €255,688 | €154,378 | -€101,311 | -39.6% |
| Financial debts | 170/4 | €255,688 | €154,378 | -€101,311 | -39.6% |
| Amounts payable within one year | 42/48 | €285,123 | €213,806 | -€71,317 | -25.0% |
| Current portion of amounts payable after more than one year | 42 | €138,079 | €148,396 | +€10,317 | +7.5% |
| Trade debts | 44 | €105,263 | €42,868 | -€62,395 | -59.3% |
| Suppliers | 440/4 | €105,263 | €42,868 | -€62,395 | -59.3% |
| Advances received on contracts in progress | 46 | €450 | €350 | -€100 | -22.2% |
| Taxes, remuneration and social security | 45 | €41,331 | €22,192 | -€19,139 | -46.3% |
| Taxes | 450/3 | €12,732 | €1,567 | -€11,165 | -87.7% |
| Remuneration and social security | 454/9 | €28,600 | €20,625 | -€7,975 | -27.9% |
| Remuneration, social security and pensions | 62 | €297,532 | €216,688 | -€80,844 | -27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €135,694 | €141,204 | +€5,510 | +4.1% |
| Other operating charges | 640/8 | €3,895 | €3,608 | -€287 | -7.4% |
| Non-recurring operating charges | 66A | - | €1,602 | +€1,602 | |
| Gross operating margin | 9900 | €449,218 | €375,316 | -€73,902 | -16.5% |
| Operating profit (loss) | 9901 | €12,098 | €12,214 | +€117 | +1.0% |
| Financial income | 75/76B | €1,715 | €1,002 | -€713 | -41.6% |
| Recurring financial income | 75 | €1,715 | €1,002 | -€713 | -41.6% |
| Financial charges | 65/66B | €13,136 | €12,230 | -€906 | -6.9% |
| Recurring financial charges | 65 | €13,136 | €12,230 | -€906 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €677 | €986 | +€309 | +45.7% |
| Profit (loss) for the period | 9904 | €677 | €986 | +€309 | +45.7% |
| Profit (loss) for the period to be appropriated | 9905 | €677 | €986 | +€309 | +45.7% |
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 31 October 2026 via checked.be.