TER SCHROEVEN: what changed
Two fiscal 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.
TER SCHROEVEN
Largest movements
- Tangible fixed assets +€36,528
up €36,528 (+38.7%), from €94,510 to €131,039
of which Furniture and vehicles: +€49,803
- Cash +€13,016
up €13,016 (+14.1%), from €92,635 to €105,652
mainly Debts after one year (+€28,844) and Depreciation (+€28,171)
- Receivables within one year +€6,836
up €6,836 (+23.4%), from €29,218 to €36,055
of which Other amounts receivable: +€6,829
- Debts after one year +€28,844
new in 2025: €28,844
- Reserves +€20,693
up €20,693 (+11.7%), from €177,550 to €198,243
of which Distributable reserves: +€20,693
- Current portion of long-term debt +€8,311
up €8,311 (+651.4%), from €1,276 to €9,587
- Gross operating margin +€25,507
up €25,507 (+35.2%), from €72,461 to €97,968
- Taxes +€9,329
up €9,329 (+1950.7%), from €478 to €9,807
- Staff costs -€3,393
down €3,393 (-8.5%), from €40,121 to €36,729
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 | €229,726 | €286,920 | +€57,193 | +24.9% |
| Fixed assets | 21/28 | €94,510 | €131,039 | +€36,528 | +38.7% |
| Tangible fixed assets | 22/27 | €94,510 | €131,039 | +€36,528 | +38.7% |
| Land and buildings | 22 | €25,842 | €25,763 | -€79 | -0.3% |
| Plant, machinery and equipment | 23 | €64,983 | €51,788 | -€13,195 | -20.3% |
| Furniture and vehicles | 24 | €3,685 | €53,488 | +€49,803 | +1351.4% |
| Current assets | 29/58 | €135,216 | €155,881 | +€20,665 | +15.3% |
| Stocks and contracts in progress | 3 | €12,030 | €13,663 | +€1,633 | +13.6% |
| Stocks | 30/36 | €12,030 | €13,663 | +€1,633 | +13.6% |
| Amounts receivable within one year | 40/41 | €29,218 | €36,055 | +€6,836 | +23.4% |
| Trade receivables | 40 | - | €7 | +€7 | |
| Other amounts receivable | 41 | €29,218 | €36,048 | +€6,829 | +23.4% |
| Cash at bank and in hand | 54/58 | €92,635 | €105,652 | +€13,016 | +14.1% |
| Deferred charges and accrued income | 490/1 | €1,332 | €512 | -€821 | -61.6% |
| Total equity and liabilities | 10/49 | €229,726 | €286,920 | +€57,193 | +24.9% |
| Equity | 10/15 | €196,150 | €216,843 | +€20,693 | +10.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €177,550 | €198,243 | +€20,693 | +11.7% |
| Tax-exempt reserves | 132 | €4,699 | €4,699 | = | 0.0% |
| Distributable reserves | 133 | €172,851 | €193,544 | +€20,693 | +12.0% |
| Amounts payable | 17/49 | €33,576 | €70,077 | +€36,500 | +108.7% |
| Amounts payable after more than one year | 17 | - | €28,844 | +€28,844 | |
| Financial debts | 170/4 | - | €28,844 | +€28,844 | |
| Amounts payable within one year | 42/48 | €33,459 | €41,233 | +€7,774 | +23.2% |
| Current portion of amounts payable after more than one year | 42 | €1,276 | €9,587 | +€8,311 | +651.4% |
| Trade debts | 44 | €7,549 | €5,821 | -€1,728 | -22.9% |
| Suppliers | 440/4 | €7,549 | €5,821 | -€1,728 | -22.9% |
| Advances received on contracts in progress | 46 | €10,629 | €10,762 | +€132 | +1.2% |
| Taxes, remuneration and social security | 45 | €12,014 | €13,313 | +€1,299 | +10.8% |
| Taxes | 450/3 | €6,266 | €6,807 | +€541 | +8.6% |
| Remuneration and social security | 454/9 | €5,748 | €6,506 | +€758 | +13.2% |
| Other amounts payable | 47/48 | €1,990 | €1,750 | -€240 | -12.1% |
| Accrued charges and deferred income | 492/3 | €118 | - | -€118 | |
| Non-recurring operating income | 76A | - | €16,680 | +€16,680 | |
| Remuneration, social security and pensions | 62 | €40,121 | €36,729 | -€3,393 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,292 | €28,171 | -€122 | -0.4% |
| Other operating charges | 640/8 | €2,338 | €2,406 | +€68 | +2.9% |
| Gross operating margin | 9900 | €72,461 | €97,968 | +€25,507 | +35.2% |
| Operating profit (loss) | 9901 | €1,710 | €30,663 | +€28,953 | +1693.5% |
| Financial income | 75/76B | €1,501 | €1,516 | +€16 | +1.0% |
| Recurring financial income | 75 | €1,501 | €1,516 | +€16 | +1.0% |
| Financial charges | 65/66B | €1,547 | €1,680 | +€133 | +8.6% |
| Recurring financial charges | 65 | €1,547 | €1,680 | +€133 | +8.6% |
| Profit (loss) for the period before taxes | 9903 | €1,664 | €30,500 | +€28,836 | +1733.1% |
| Income taxes | 67/77 | €478 | €9,807 | +€9,329 | +1950.7% |
| Profit (loss) for the period | 9904 | €1,186 | €20,693 | +€19,507 | +1645.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,186 | €20,693 | +€19,507 | +1645.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.