BOVEN - SCHEPERS & PARTNERS: 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.
BOVEN - SCHEPERS & PARTNERS
Largest movements
- Cash +€88,164
up €88,164 (+99.1%), from €88,956 to €177,120
mainly Net result for the year (+€139,166) and Depreciation (+€55,159)
- Tangible fixed assets -€37,570
down €37,570 (-19.3%), from €194,275 to €156,705
of which Furniture and vehicles: -€40,964
- Receivables within one year +€34,652
up €34,652 (+16.8%), from €206,858 to €241,509
of which Other amounts receivable: +€30,711
- Reserves +€114,183
up €114,183 (+44.8%), from €255,145 to €369,329
of which Distributable reserves: +€114,183
- Debts after one year -€36,590
down €36,590 (-35.8%), from €102,300 to €65,710
- Trade debts +€35,658
up €35,658 (+301%), from €11,863 to €47,521
- Other debts -€25,017
no longer reported in 2025 (was €25,017)
- Tax, wage and social debts -€17,673
down €17,673 (-33.5%), from €52,778 to €35,105
of which Taxes: -€9,259
- Gross operating margin +€94,107
up €94,107 (+17.4%), from €541,555 to €635,663
- Taxes +€26,116
up €26,116 (+73.2%), from €35,682 to €61,799
- Staff costs +€9,421
up €9,421 (+2.6%), from €358,176 to €367,597
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 | €509,111 | €590,918 | +€81,807 | +16.1% |
| Fixed assets | 21/28 | €198,125 | €162,268 | -€35,857 | -18.1% |
| Intangible fixed assets | 21 | €3,850 | €5,563 | +€1,713 | +44.5% |
| Tangible fixed assets | 22/27 | €194,275 | €156,705 | -€37,570 | -19.3% |
| Plant, machinery and equipment | 23 | €15,064 | €18,458 | +€3,394 | +22.5% |
| Furniture and vehicles | 24 | €179,211 | €138,248 | -€40,964 | -22.9% |
| Current assets | 29/58 | €310,986 | €428,650 | +€117,663 | +37.8% |
| Amounts receivable within one year | 40/41 | €206,858 | €241,509 | +€34,652 | +16.8% |
| Trade receivables | 40 | €98,927 | €102,867 | +€3,940 | +4.0% |
| Other amounts receivable | 41 | €107,931 | €138,642 | +€30,711 | +28.5% |
| Cash at bank and in hand | 54/58 | €88,956 | €177,120 | +€88,164 | +99.1% |
| Deferred charges and accrued income | 490/1 | €15,173 | €10,020 | -€5,153 | -34.0% |
| Total equity and liabilities | 10/49 | €509,111 | €590,918 | +€81,807 | +16.1% |
| Equity | 10/15 | €273,745 | €387,929 | +€114,183 | +41.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €255,145 | €369,329 | +€114,183 | +44.8% |
| Non-distributable reserves | 130/1 | - | €18,750 | +€18,750 | |
| Reserves not available under the articles | 1311 | - | €18,750 | +€18,750 | |
| Tax-exempt reserves | 132 | €18,750 | - | -€18,750 | |
| Distributable reserves | 133 | €236,395 | €350,579 | +€114,183 | +48.3% |
| Amounts payable | 17/49 | €235,366 | €202,989 | -€32,376 | -13.8% |
| Amounts payable after more than one year | 17 | €102,300 | €65,710 | -€36,590 | -35.8% |
| Financial debts | 170/4 | €102,300 | €65,710 | -€36,590 | -35.8% |
| Amounts payable within one year | 42/48 | €130,707 | €137,280 | +€6,573 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €41,049 | €54,654 | +€13,605 | +33.1% |
| Trade debts | 44 | €11,863 | €47,521 | +€35,658 | +301% |
| Suppliers | 440/4 | €11,863 | €47,521 | +€35,658 | +301% |
| Taxes, remuneration and social security | 45 | €52,778 | €35,105 | -€17,673 | -33.5% |
| Taxes | 450/3 | €9,259 | - | -€9,259 | |
| Remuneration and social security | 454/9 | €43,519 | €35,105 | -€8,414 | -19.3% |
| Other amounts payable | 47/48 | €25,017 | - | -€25,017 | |
| Accrued charges and deferred income | 492/3 | €2,359 | - | -€2,359 | |
| Remuneration, social security and pensions | 62 | €358,176 | €367,597 | +€9,421 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,755 | €55,159 | -€2,596 | -4.5% |
| Other operating charges | 640/8 | €534 | €6,835 | +€6,301 | +1,179% |
| Gross operating margin | 9900 | €541,555 | €635,663 | +€94,107 | +17.4% |
| Operating profit (loss) | 9901 | €125,090 | €206,071 | +€80,982 | +64.7% |
| Financial income | 75/76B | €859 | €876 | +€17 | +2.0% |
| Recurring financial income | 75 | €859 | €876 | +€17 | +2.0% |
| Financial charges | 65/66B | €7,204 | €5,982 | -€1,222 | -17.0% |
| Recurring financial charges | 65 | €7,204 | €5,982 | -€1,222 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | €118,744 | €200,965 | +€82,221 | +69.2% |
| Income taxes | 67/77 | €35,682 | €61,799 | +€26,116 | +73.2% |
| Profit (loss) for the period | 9904 | €83,062 | €139,166 | +€56,104 | +67.5% |
| Profit (loss) for the period to be appropriated | 9905 | €83,062 | €139,166 | +€56,104 | +67.5% |
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 26 October 2026 via checked.be.