DE SCHAEPMEESTER: what changed
Two fiscal 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 SCHAEPMEESTER
Largest movements
- Receivables within one year -€271,239
down €271,239 (-29.0%), from €935,245 to €664,006
of which Trade receivables: -€274,779
- Deferred charges and accrued income +€173,509
up €173,509 (+3491.4%), from €4,970 to €178,479
- Tangible fixed assets -€88,104
down €88,104 (-42.0%), from €209,648 to €121,544
of which Leasing and similar rights: -€77,850
- Short-term financial debts -€150,000
no longer reported in 2024 (was €150,000)
- Debts after one year -€93,853
down €93,853 (-61.2%), from €153,417 to €59,564
- Other debts -€69,925
down €69,925 (-65.9%), from €106,070 to €36,145
- Profit (loss) carried forward +€63,137
new in 2024: €63,137
- Tax, wage and social debts +€44,674
up €44,674 (+9.8%), from €457,543 to €502,217
of which Remuneration and social security: +€34,866
- Staff costs -€391,803
down €391,803 (-28.5%), from €1.4m to €981,191
- Gross operating margin -€365,899
down €365,899 (-23.6%), from €1.6m to €1.2m
- Financial charges -€16,293
down €16,293 (-37.9%), from €43,020 to €26,727
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,191,419 | €990,119 | -€201,299 | -16.9% |
| Fixed assets | 21/28 | €242,597 | €147,397 | -€95,200 | -39.2% |
| Intangible fixed assets | 21 | €25,808 | €20,808 | -€5,000 | -19.4% |
| Tangible fixed assets | 22/27 | €209,648 | €121,544 | -€88,104 | -42.0% |
| Plant, machinery and equipment | 23 | €9,359 | €4,076 | -€5,283 | -56.4% |
| Furniture and vehicles | 24 | €8,420 | €3,449 | -€4,971 | -59.0% |
| Leasing and similar rights | 25 | €191,869 | €114,019 | -€77,850 | -40.6% |
| Financial fixed assets | 28 | €7,141 | €5,045 | -€2,096 | -29.4% |
| Current assets | 29/58 | €948,821 | €842,722 | -€106,099 | -11.2% |
| Amounts receivable within one year | 40/41 | €935,245 | €664,006 | -€271,239 | -29.0% |
| Trade receivables | 40 | €880,133 | €605,354 | -€274,779 | -31.2% |
| Other amounts receivable | 41 | €55,112 | €58,652 | +€3,540 | +6.4% |
| Cash at bank and in hand | 54/58 | €8,607 | €238 | -€8,369 | -97.2% |
| Deferred charges and accrued income | 490/1 | €4,970 | €178,479 | +€173,509 | +3491.4% |
| Total equity and liabilities | 10/49 | €1,191,419 | €990,119 | -€201,299 | -16.9% |
| Equity | 10/15 | €112,613 | €175,751 | +€63,137 | +56.1% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Reserves | 13 | €67,613 | €67,613 | = | 0.0% |
| Distributable reserves | 133 | €67,613 | €67,613 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €63,137 | +€63,137 | |
| Amounts payable | 17/49 | €1,078,805 | €814,369 | -€264,437 | -24.5% |
| Amounts payable after more than one year | 17 | €153,417 | €59,564 | -€93,853 | -61.2% |
| Financial debts | 170/4 | €153,417 | €59,564 | -€93,853 | -61.2% |
| Amounts payable within one year | 42/48 | €918,420 | €747,837 | -€170,584 | -18.6% |
| Current portion of amounts payable after more than one year | 42 | €105,488 | €97,916 | -€7,573 | -7.2% |
| Financial debts | 43 | €150,000 | - | -€150,000 | |
| Credit institutions | 430/8 | €150,000 | - | -€150,000 | |
| Trade debts | 44 | €99,319 | €111,558 | +€12,239 | +12.3% |
| Suppliers | 440/4 | €99,319 | €111,558 | +€12,239 | +12.3% |
| Taxes, remuneration and social security | 45 | €457,543 | €502,217 | +€44,674 | +9.8% |
| Taxes | 450/3 | €34,069 | €43,877 | +€9,808 | +28.8% |
| Remuneration and social security | 454/9 | €423,474 | €458,340 | +€34,866 | +8.2% |
| Other amounts payable | 47/48 | €106,070 | €36,145 | -€69,925 | -65.9% |
| Accrued charges and deferred income | 492/3 | €6,968 | €6,968 | = | 0.0% |
| Non-recurring operating income | 76A | €59,368 | €28,417 | -€30,951 | -52.1% |
| Remuneration, social security and pensions | 62 | €1,372,994 | €981,191 | -€391,803 | -28.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100,292 | €94,317 | -€5,975 | -6.0% |
| Other operating charges | 640/8 | €19,299 | €17,408 | -€1,891 | -9.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €1,553,388 | €1,187,489 | -€365,899 | -23.6% |
| Operating profit (loss) | 9901 | €60,802 | €94,573 | +€33,770 | +55.5% |
| Financial income | 75/76B | €504 | €15 | -€488 | -97.0% |
| Recurring financial income | 75 | €504 | €15 | -€488 | -97.0% |
| Financial charges | 65/66B | €43,020 | €26,727 | -€16,293 | -37.9% |
| Recurring financial charges | 65 | €43,020 | €26,727 | -€16,293 | -37.9% |
| Profit (loss) for the period before taxes | 9903 | €18,286 | €67,861 | +€49,574 | +271.1% |
| Income taxes | 67/77 | €14,723 | €4,723 | -€10,000 | -67.9% |
| Profit (loss) for the period | 9904 | €3,563 | €63,137 | +€59,574 | +1672.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,563 | €63,137 | +€59,574 | +1672.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.