DE SCHAAPSMEREN: 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.
DE SCHAAPSMEREN
Largest movements
- Cash +€42,319
up €42,319 (+63.0%), from €67,213 to €109,532
mainly Net result for the year (+€25,312) and Depreciation (+€17,696)
- Tangible fixed assets -€17,696
down €17,696 (-9.7%), from €181,762 to €164,066
of which Plant, machinery and equipment: -€9,642
- Reserves +€25,312
up €25,312 (+22.7%), from €111,447 to €136,759
of which Distributable reserves: +€25,312
- Debts after one year -€5,807
down €5,807 (-12.9%), from €45,185 to €39,378
- Gross operating margin +€52,053
up €52,053, from -€1,050 to €51,002
- Taxes +€2,532
up €2,532, from -€1 to €2,531
- Depreciation -€1,165
down €1,165 (-6.2%), from €18,861 to €17,696
- Other operating charges +€868
up €868 (+31.1%), from €2,794 to €3,662
- Financial charges -€745
down €745 (-27.1%), from €2,751 to €2,006
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 | €252,914 | €275,521 | +€22,606 | +8.9% |
| Fixed assets | 21/28 | €181,762 | €164,066 | -€17,696 | -9.7% |
| Tangible fixed assets | 22/27 | €181,762 | €164,066 | -€17,696 | -9.7% |
| Land and buildings | 22 | €163,344 | €155,290 | -€8,054 | -4.9% |
| Plant, machinery and equipment | 23 | €18,418 | €8,776 | -€9,642 | -52.4% |
| Current assets | 29/58 | €71,152 | €111,455 | +€40,303 | +56.6% |
| Amounts receivable within one year | 40/41 | €3,939 | €1,874 | -€2,065 | -52.4% |
| Trade receivables | 40 | €3,383 | €1,500 | -€1,883 | -55.7% |
| Other amounts receivable | 41 | €556 | €374 | -€182 | -32.7% |
| Cash at bank and in hand | 54/58 | €67,213 | €109,532 | +€42,319 | +63.0% |
| Deferred charges and accrued income | 490/1 | - | €49 | +€49 | |
| Total equity and liabilities | 10/49 | €252,914 | €275,521 | +€22,606 | +8.9% |
| Equity | 10/15 | €142,433 | €167,746 | +€25,312 | +17.8% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €111,447 | €136,759 | +€25,312 | +22.7% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,099 | €3,099 | = | 0.0% |
| Distributable reserves | 133 | €108,348 | €133,661 | +€25,312 | +23.4% |
| Amounts payable | 17/49 | €110,481 | €107,775 | -€2,706 | -2.4% |
| Amounts payable after more than one year | 17 | €45,185 | €39,378 | -€5,807 | -12.9% |
| Financial debts | 170/4 | €45,185 | €39,378 | -€5,807 | -12.9% |
| Amounts payable within one year | 42/48 | €65,296 | €68,397 | +€3,101 | +4.7% |
| Current portion of amounts payable after more than one year | 42 | €5,611 | €5,807 | +€197 | +3.5% |
| Trade debts | 44 | €937 | €1,215 | +€278 | +29.7% |
| Suppliers | 440/4 | €937 | €1,215 | +€278 | +29.7% |
| Taxes, remuneration and social security | 45 | - | €2,531 | +€2,531 | |
| Taxes | 450/3 | - | €2,531 | +€2,531 | |
| Other amounts payable | 47/48 | €58,748 | €58,844 | +€96 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,861 | €17,696 | -€1,165 | -6.2% |
| Other operating charges | 640/8 | €2,794 | €3,662 | +€868 | +31.1% |
| Gross operating margin | 9900 | -€1,050 | €51,002 | +€52,053 | |
| Operating profit (loss) | 9901 | -€22,705 | €29,644 | +€52,349 | |
| Financial income | 75/76B | €143 | €206 | +€63 | +44.4% |
| Recurring financial income | 75 | €143 | €206 | +€63 | +44.4% |
| Financial charges | 65/66B | €2,751 | €2,006 | -€745 | -27.1% |
| Recurring financial charges | 65 | €2,751 | €2,006 | -€745 | -27.1% |
| Profit (loss) for the period before taxes | 9903 | -€25,314 | €27,844 | +€53,157 | |
| Income taxes | 67/77 | -€1 | €2,531 | +€2,532 | |
| Profit (loss) for the period | 9904 | -€25,312 | €25,312 | +€50,625 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,312 | €25,312 | +€50,625 |
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.