Vincent Schollaart: 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.
Vincent Schollaart
Largest movements
- Cash +€70,586
up €70,586 (+2,471%), from €2,857 to €73,443
mainly Net result for the year (+€56,346) and Tax, wage and social debts (+€25,009)
- Tangible fixed assets +€1,633
up €1,633 (+3.4%), from €47,887 to €49,520
of which Plant, machinery and equipment: +€2,546
- Reserves +€56,346
up €56,346 (+319%), from €17,652 to €73,997
- Tax, wage and social debts +€25,009
up €25,009 (+181%), from €13,784 to €38,792
- Other debts -€14,994
down €14,994 (-100%), from €14,994 to €0
- Accrued charges and deferred income +€3,100
new in 2025: €3,100
- Trade debts +€2,287
up €2,287 (+251%), from €912 to €3,199
- Gross operating margin +€55,257
up €55,257 (+230%), from €24,047 to €79,303
- Taxes +€10,924
up €10,924 (+213%), from €5,129 to €16,053
- Depreciation +€4,533
up €4,533 (+588%), from €771 to €5,305
- Financial charges +€922
up €922 (+186%), from €495 to €1,417
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 | €52,341 | €124,089 | +€71,748 | +137% |
| Fixed assets | 21/28 | €47,887 | €49,520 | +€1,633 | +3.4% |
| Tangible fixed assets | 22/27 | €47,887 | €49,520 | +€1,633 | +3.4% |
| Land and buildings | 22 | €47,887 | €46,973 | -€913 | -1.9% |
| Plant, machinery and equipment | 23 | - | €2,546 | +€2,546 | |
| Current assets | 29/58 | €4,454 | €74,569 | +€70,115 | +1,574% |
| Amounts receivable within one year | 40/41 | €175 | €362 | +€187 | +107% |
| Trade receivables | 40 | €175 | €0 | -€175 | -100% |
| Other amounts receivable | 41 | - | €362 | +€362 | |
| Cash at bank and in hand | 54/58 | €2,857 | €73,443 | +€70,586 | +2,471% |
| Deferred charges and accrued income | 490/1 | €1,423 | €764 | -€658 | -46.3% |
| Total equity and liabilities | 10/49 | €52,341 | €124,089 | +€71,748 | +137% |
| Equity | 10/15 | €22,652 | €78,997 | +€56,346 | +249% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €17,652 | €73,997 | +€56,346 | +319% |
| Distributable reserves | 133 | €17,652 | €73,997 | +€56,346 | +319% |
| Amounts payable | 17/49 | €29,689 | €45,091 | +€15,402 | +51.9% |
| Amounts payable within one year | 42/48 | €29,689 | €41,991 | +€12,302 | +41.4% |
| Trade debts | 44 | €912 | €3,199 | +€2,287 | +251% |
| Suppliers | 440/4 | €912 | €3,199 | +€2,287 | +251% |
| Taxes, remuneration and social security | 45 | €13,784 | €38,792 | +€25,009 | +181% |
| Taxes | 450/3 | €13,784 | €38,792 | +€25,009 | +181% |
| Other amounts payable | 47/48 | €14,994 | €0 | -€14,994 | -100% |
| Accrued charges and deferred income | 492/3 | - | €3,100 | +€3,100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €771 | €5,305 | +€4,533 | +588% |
| Other operating charges | 640/8 | - | €186 | +€186 | |
| Gross operating margin | 9900 | €24,047 | €79,303 | +€55,257 | +230% |
| Operating profit (loss) | 9901 | €23,275 | €73,813 | +€50,538 | +217% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €495 | €1,417 | +€922 | +186% |
| Recurring financial charges | 65 | €495 | €1,417 | +€922 | +186% |
| Profit (loss) for the period before taxes | 9903 | €22,780 | €72,398 | +€49,618 | +218% |
| Income taxes | 67/77 | €5,129 | €16,053 | +€10,924 | +213% |
| Profit (loss) for the period | 9904 | €17,652 | €56,346 | +€38,694 | +219% |
| Profit (loss) for the period to be appropriated | 9905 | €17,652 | €56,346 | +€38,694 | +219% |
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 24 October 2026 via checked.be.