Bouwmaterialen Schelfhout: 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.
What changed
Bouwmaterialen Schelfhout
NACE 46.831, Wholesale of construction materials, general range
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€695,227
2024 · €1.1m-€371,294
Equity
€3.8m
2024 · €3.1m+€706,250
Cash
€415,949
2024 · €400,378+€15,571
Balance sheet total
€4.8m
2024 · €4.4m+€421,810
Largest movements
Assets
- Financial fixed assets +€411,023
up €411,023 (+236%), from €174,417 to €585,440
- Receivables within one year -€116,732
down €116,732 (-8.2%), from €1.4m to €1.3m
- Stocks and contracts +€86,067
up €86,067 (+5.2%), from €1.7m to €1.8m
- Current investments +€50,514
up €50,514 (+14.4%), from €350,000 to €400,514
Equity and liabilities
- Revaluation surpluses +€411,023
new in 2025: €411,023
- Reserves +€295,227
up €295,227 (+11.7%), from €2.5m to €2.8m
- Trade debts -€204,342
down €204,342 (-42.7%), from €478,207 to €273,865
- Debts after one year -€84,205
down €84,205 (-36.3%), from €232,164 to €147,959
Income statement
- Gross operating margin -€515,481
down €515,481 (-27.6%), from €1.9m to €1.4m
- Taxes -€207,057
down €207,057 (-46.2%), from €448,608 to €241,551
- Staff costs +€39,712
up €39,712 (+9.0%), from €439,998 to €479,710
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.
Result 2024
€1.1m
Gross operating margin
-€515,481
Staff costs
-€39,712
Depreciation
-€15,765
Write-downs
-€8,935
Other operating charges
-€330
Other operating items
+€9,337
Financial income
-€6,998
Financial charges
-€468
Taxes
+€207,057
Result 2025
€695,227
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€642,062
Investment
-€541,231
Financing
-€85,260
Cash 2024
€400,378
From operations (derived)
+€642,062
Net result for the year
+€695,227
Depreciation
+€121,422
Stocks and contracts
-€86,067
Receivables within one year
+€116,732
Deferred charges and accrued income
-€17,095
Trade debts
-€204,342
Tax, wage and social debts
+€15,670
Accrued charges and deferred income
+€514
Investment (derived)
-€541,231
Investment in fixed assets (net)
-€490,717
Current investments
-€50,514
Financing
-€85,260
Debts after one year
-€84,205
Current portion of long-term debt
-€12,078
Contributions, distributions and other
+€11,023
Cash 2025
€415,949
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,424,231 | €4,846,040 | +€421,810 | +9.5% |
| Fixed assets | 21/28 | €573,385 | €942,680 | +€369,295 | +64.4% |
| Tangible fixed assets | 22/27 | €398,968 | €357,240 | -€41,728 | -10.5% |
| Land and buildings | 22 | €282,794 | €279,051 | -€3,743 | -1.3% |
| Plant, machinery and equipment | 23 | €24,256 | €16,794 | -€7,462 | -30.8% |
| Furniture and vehicles | 24 | €91,918 | €61,395 | -€30,524 | -33.2% |
| Financial fixed assets | 28 | €174,417 | €585,440 | +€411,023 | +236% |
| Current assets | 29/58 | €3,850,846 | €3,903,360 | +€52,514 | +1.4% |
| Stocks and contracts in progress | 3 | €1,668,378 | €1,754,445 | +€86,067 | +5.2% |
| Stocks | 30/36 | €1,668,378 | €1,754,445 | +€86,067 | +5.2% |
| Amounts receivable within one year | 40/41 | €1,429,695 | €1,312,963 | -€116,732 | -8.2% |
| Trade receivables | 40 | €1,429,695 | €1,312,963 | -€116,732 | -8.2% |
| Current investments | 50/53 | €350,000 | €400,514 | +€50,514 | +14.4% |
| Cash at bank and in hand | 54/58 | €400,378 | €415,949 | +€15,571 | +3.9% |
| Deferred charges and accrued income | 490/1 | €2,394 | €19,488 | +€17,095 | +714% |
| Total equity and liabilities | 10/49 | €4,424,231 | €4,846,040 | +€421,810 | +9.5% |
| Equity | 10/15 | €3,082,605 | €3,788,856 | +€706,250 | +22.9% |
| Contributions | 10/11 | €569,790 | €569,790 | = | 0.0% |
| Revaluation surpluses | 12 | - | €411,023 | +€411,023 | |
| Reserves | 13 | €2,512,815 | €2,808,042 | +€295,227 | +11.7% |
| Distributable reserves | 133 | €2,512,815 | €2,808,042 | +€295,227 | +11.7% |
| Amounts payable | 17/49 | €1,341,626 | €1,057,185 | -€284,441 | -21.2% |
| Amounts payable after more than one year | 17 | €232,164 | €147,959 | -€84,205 | -36.3% |
| Financial debts | 170/4 | €232,164 | €147,959 | -€84,205 | -36.3% |
| Amounts payable within one year | 42/48 | €1,109,461 | €908,712 | -€200,749 | -18.1% |
| Current portion of amounts payable after more than one year | 42 | €46,283 | €34,205 | -€12,078 | -26.1% |
| Financial debts | 43 | €50,000 | €50,000 | = | 0.0% |
| Other loans | 439 | €50,000 | €50,000 | = | 0.0% |
| Trade debts | 44 | €478,207 | €273,865 | -€204,342 | -42.7% |
| Suppliers | 440/4 | €478,207 | €273,865 | -€204,342 | -42.7% |
| Taxes, remuneration and social security | 45 | €134,971 | €150,641 | +€15,670 | +11.6% |
| Taxes | 450/3 | €86,823 | €97,961 | +€11,138 | +12.8% |
| Remuneration and social security | 454/9 | €48,148 | €52,680 | +€4,533 | +9.4% |
| Other amounts payable | 47/48 | €400,000 | €400,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €514 | +€514 | |
| Non-recurring operating income | 76A | €1,011,100 | - | -€1.0m | |
| Remuneration, social security and pensions | 62 | €439,998 | €479,710 | +€39,712 | +9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,657 | €121,422 | +€15,765 | +14.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €22,369 | €31,303 | +€8,935 | +39.9% |
| Other operating charges | 640/8 | €29,177 | €29,507 | +€330 | +1.1% |
| Non-recurring operating charges | 66A | €9,337 | - | -€9,337 | |
| Gross operating margin | 9900 | €1,869,175 | €1,353,694 | -€515,481 | -27.6% |
| Operating profit (loss) | 9901 | €1,262,637 | €691,752 | -€570,885 | -45.2% |
| Financial income | 75/76B | €264,095 | €257,098 | -€6,998 | -2.6% |
| Recurring financial income | 75 | €264,095 | €257,098 | -€6,998 | -2.6% |
| Financial charges | 65/66B | €11,604 | €12,072 | +€468 | +4.0% |
| Recurring financial charges | 65 | €11,604 | €12,072 | +€468 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €1,515,129 | €936,778 | -€578,351 | -38.2% |
| Income taxes | 67/77 | €448,608 | €241,551 | -€207,057 | -46.2% |
| Profit (loss) for the period | 9904 | €1,066,521 | €695,227 | -€371,294 | -34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,066,521 | €695,227 | -€371,294 | -34.8% |
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 21 October 2026 via checked.be.