WINSTON SCHOETERS: what changed
What changed
WINSTON SCHOETERS
NACE 68.310, Real estate agency activities
filed annual accounts (NBB)
Net result for the year
€80,979
2024 · €30,063+€50,916
Equity
€300,031
2024 · €272,002+€28,029
Cash
€306,985
2024 · €469,787-€162,802
Balance sheet total
€2.7m
2024 · €3.3m-€673,376
Largest movements
Assets
- Stocks and contracts -€708,938
down €708,938 (-31.1%), from €2.3m to €1.6m
- Receivables within one year +€205,684
up €205,684 (+79.5%), from €258,582 to €464,266
of which Other amounts receivable: +€122,556
- Cash -€162,802
down €162,802 (-34.7%), from €469,787 to €306,985
mainly Debts after one year (-€789,288) and Receivables within one year (-€205,684)
Equity and liabilities
- Debts after one year -€789,288
down €789,288 (-47.2%), from €1.7m to €884,182
- Current portion of long-term debt +€69,133
up €69,133 (+20.9%), from €330,990 to €400,123
- Tax, wage and social debts +€41,585
up €41,585 (+114%), from €36,557 to €78,142
of which Taxes: +€40,405
Income statement
- Gross operating margin +€139,388
up €139,388 (+51.8%), from €269,088 to €408,475
- Financial charges +€65,716
up €65,716 (+188%), from €34,976 to €100,692
- Taxes +€28,358
up €28,358 (+163%), from €17,451 to €45,809
- Depreciation -€9,429
down €9,429 (-40.4%), from €23,340 to €13,911
- Staff costs +€6,282
up €6,282 (+3.9%), from €161,292 to €167,574
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€30,063
Gross operating margin
+€139,388
Staff costs
-€6,282
Depreciation
+€9,429
Other operating charges
+€2,329
Financial income
+€126
Financial charges
-€65,716
Taxes
-€28,358
Result 2025
€80,979
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€590,779
Investment
+€19,523
Financing
-€773,105
Cash 2024
€469,787
From operations (derived)
+€590,779
Net result for the year
+€80,979
Depreciation
+€13,911
Stocks and contracts
+€708,938
Receivables within one year
-€205,684
Deferred charges and accrued income
-€26,114
Trade debts
+€6,486
Tax, wage and social debts
+€41,585
Other debts
-€29,321
Investment (derived)
+€19,523
Investment in fixed assets (net)
+€19,523
Financing
-€773,105
Debts after one year
-€789,288
Current portion of long-term debt
+€69,133
Contributions, distributions and other
-€52,950
Cash 2025
€306,985
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,348,017 | €2,674,640 | -€673,376 | -20.1% |
| Fixed assets | 21/28 | €248,577 | €215,142 | -€33,434 | -13.5% |
| Intangible fixed assets | 21 | €1,477 | - | -€1,477 | |
| Tangible fixed assets | 22/27 | €245,720 | €213,763 | -€31,957 | -13.0% |
| Land and buildings | 22 | €170,330 | €210,611 | +€40,281 | +23.6% |
| Plant, machinery and equipment | 23 | €49,159 | - | -€49,159 | |
| Furniture and vehicles | 24 | €26,231 | €3,153 | -€23,079 | -88.0% |
| Financial fixed assets | 28 | €1,379 | €1,379 | = | 0.0% |
| Current assets | 29/58 | €3,099,440 | €2,459,498 | -€639,942 | -20.6% |
| Stocks and contracts in progress | 3 | €2,277,320 | €1,568,382 | -€708,938 | -31.1% |
| Stocks | 30/36 | €2,277,320 | €1,568,382 | -€708,938 | -31.1% |
| Amounts receivable within one year | 40/41 | €258,582 | €464,266 | +€205,684 | +79.5% |
| Trade receivables | 40 | €149,262 | €232,390 | +€83,128 | +55.7% |
| Other amounts receivable | 41 | €109,320 | €231,876 | +€122,556 | +112% |
| Cash at bank and in hand | 54/58 | €469,787 | €306,985 | -€162,802 | -34.7% |
| Deferred charges and accrued income | 490/1 | €93,751 | €119,865 | +€26,114 | +27.9% |
| Total equity and liabilities | 10/49 | €3,348,017 | €2,674,640 | -€673,376 | -20.1% |
| Equity | 10/15 | €272,002 | €300,031 | +€28,029 | +10.3% |
| Contributions | 10/11 | €6,334 | €6,334 | = | 0.0% |
| Reserves | 13 | €265,668 | €293,697 | +€28,029 | +10.6% |
| Tax-exempt reserves | 132 | €34,212 | €34,212 | = | 0.0% |
| Distributable reserves | 133 | €231,456 | €259,486 | +€28,029 | +12.1% |
| Amounts payable | 17/49 | €3,076,015 | €2,374,609 | -€701,406 | -22.8% |
| Amounts payable after more than one year | 17 | €1,673,470 | €884,182 | -€789,288 | -47.2% |
| Financial debts | 170/4 | €1,673,470 | €884,182 | -€789,288 | -47.2% |
| Amounts payable within one year | 42/48 | €1,402,544 | €1,490,427 | +€87,882 | +6.3% |
| Current portion of amounts payable after more than one year | 42 | €330,990 | €400,123 | +€69,133 | +20.9% |
| Trade debts | 44 | €10,815 | €17,301 | +€6,486 | +60.0% |
| Suppliers | 440/4 | €10,815 | €17,301 | +€6,486 | +60.0% |
| Taxes, remuneration and social security | 45 | €36,557 | €78,142 | +€41,585 | +114% |
| Taxes | 450/3 | €19,000 | €59,405 | +€40,405 | +213% |
| Remuneration and social security | 454/9 | €17,557 | €18,737 | +€1,180 | +6.7% |
| Other amounts payable | 47/48 | €1,024,183 | €994,861 | -€29,321 | -2.9% |
| Non-recurring operating income | 76A | €2,500 | - | -€2,500 | |
| Remuneration, social security and pensions | 62 | €161,292 | €167,574 | +€6,282 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,340 | €13,911 | -€9,429 | -40.4% |
| Other operating charges | 640/8 | €4,351 | €2,022 | -€2,329 | -53.5% |
| Gross operating margin | 9900 | €269,088 | €408,475 | +€139,388 | +51.8% |
| Operating profit (loss) | 9901 | €80,104 | €224,968 | +€144,864 | +181% |
| Financial income | 75/76B | €2,386 | €2,512 | +€126 | +5.3% |
| Recurring financial income | 75 | €2,386 | €2,512 | +€126 | +5.3% |
| Financial charges | 65/66B | €34,976 | €100,692 | +€65,716 | +188% |
| Recurring financial charges | 65 | €34,976 | €100,692 | +€65,716 | +188% |
| Profit (loss) for the period before taxes | 9903 | €47,514 | €126,789 | +€79,274 | +167% |
| Income taxes | 67/77 | €17,451 | €45,809 | +€28,358 | +163% |
| Profit (loss) for the period | 9904 | €30,063 | €80,979 | +€50,916 | +169% |
| Profit (loss) for the period to be appropriated | 9905 | €30,063 | €80,979 | +€50,916 | +169% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.