'T SCHUURKEN: 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 SCHUURKEN
Largest movements
- Receivables within one year -€10,268
down €10,268 (-10.7%), from €95,957 to €85,689
of which Trade receivables: -€17,098
- Cash +€4,156
up €4,156 (+30.5%), from €13,629 to €17,785
mainly Receivables within one year (+€10,268) and Depreciation (+€2,785)
- Profit (loss) carried forward -€9,309
down €9,309 (-9.4%), from -€98,671 to -€107,979
- Gross operating margin +€31,640
up €31,640, from -€28,512 to €3,128
- Depreciation -€888
down €888 (-24.2%), from €3,673 to €2,785
- Other operating charges +€738
up €738 (+8.6%), from €8,574 to €9,312
- Financial charges -€580
down €580 (-63.1%), from €918 to €338
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.
Cash bridge derived
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 | €356,090 | €347,193 | -€8,898 | -2.5% |
| Fixed assets | 21/28 | €246,505 | €243,719 | -€2,785 | -1.1% |
| Tangible fixed assets | 22/27 | €246,505 | €243,719 | -€2,785 | -1.1% |
| Land and buildings | 22 | €244,346 | €242,640 | -€1,706 | -0.7% |
| Plant, machinery and equipment | 23 | €2,159 | €1,079 | -€1,080 | -50.0% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €109,586 | €103,474 | -€6,112 | -5.6% |
| Amounts receivable within one year | 40/41 | €95,957 | €85,689 | -€10,268 | -10.7% |
| Trade receivables | 40 | €81,378 | €64,281 | -€17,098 | -21.0% |
| Other amounts receivable | 41 | €14,579 | €21,408 | +€6,829 | +46.8% |
| Cash at bank and in hand | 54/58 | €13,629 | €17,785 | +€4,156 | +30.5% |
| Total equity and liabilities | 10/49 | €356,090 | €347,193 | -€8,898 | -2.5% |
| Equity | 10/15 | €104,133 | €94,824 | -€9,309 | -8.9% |
| Contributions | 10/11 | €202,000 | €202,000 | = | 0.0% |
| Contributions outside capital | 11 | €202,000 | €202,000 | = | 0.0% |
| Share premium | 1100/10 | €202,000 | €202,000 | = | 0.0% |
| Reserves | 13 | €804 | €804 | = | 0.0% |
| Non-distributable reserves | 130/1 | €804 | €804 | = | 0.0% |
| Reserves not available under the articles | 1311 | €804 | €804 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€98,671 | -€107,979 | -€9,309 | -9.4% |
| Amounts payable | 17/49 | €251,957 | €252,368 | +€411 | +0.2% |
| Amounts payable within one year | 42/48 | €251,957 | €252,368 | +€411 | +0.2% |
| Trade debts | 44 | €5,239 | €4,788 | -€451 | -8.6% |
| Suppliers | 440/4 | €5,239 | €4,788 | -€451 | -8.6% |
| Taxes, remuneration and social security | 45 | €0 | €288 | +€288 | |
| Taxes | 450/3 | €0 | €288 | +€288 | |
| Other amounts payable | 47/48 | €246,718 | €247,293 | +€575 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,673 | €2,785 | -€888 | -24.2% |
| Other operating charges | 640/8 | €8,574 | €9,312 | +€738 | +8.6% |
| Gross operating margin | 9900 | -€28,512 | €3,128 | +€31,640 | |
| Operating profit (loss) | 9901 | -€40,759 | -€8,970 | +€31,789 | +78.0% |
| Financial charges | 65/66B | €918 | €338 | -€580 | -63.1% |
| Recurring financial charges | 65 | €918 | €338 | -€580 | -63.1% |
| Profit (loss) for the period before taxes | 9903 | -€41,677 | -€9,309 | +€32,369 | +77.7% |
| Profit (loss) for the period | 9904 | -€41,677 | -€9,309 | +€32,369 | +77.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,677 | -€9,309 | +€32,369 | +77.7% |
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 9 October 2026 via checked.be.