DE SCHAKEL: 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 SCHAKEL
Largest movements
- Receivables within one year +€16,804
up €16,804 (+65.0%), from €25,848 to €42,652
of which Trade receivables: +€17,240
- Tangible fixed assets -€13,222
down €13,222 (-4.2%), from €313,384 to €300,163
of which Land and buildings: -€17,721
- Profit (loss) carried forward +€24,460
up €24,460 (+243.9%), from €10,030 to €34,490
- Debts after one year -€12,496
down €12,496 (-30.1%), from €41,495 to €28,999
- Other debts -€10,954
down €10,954 (-15.4%), from €71,120 to €60,166
- Short-term financial debts -€4,593
down €4,593 (-18.5%), from €24,775 to €20,183
- Current portion of long-term debt +€4,438
up €4,438 (+16.8%), from €26,440 to €30,878
- Gross operating margin +€40,265
up €40,265 (+81.3%), from €49,555 to €89,820
- Taxes +€3,962
up €3,962 (+1066.6%), from €371 to €4,333
- Other operating charges +€1,264
up €1,264 (+4.1%), from €30,671 to €31,935
- Depreciation +€995
up €995 (+5.4%), from €18,427 to €19,423
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.
Cash bridge derived
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 | €346,747 | €349,654 | +€2,908 | +0.8% |
| Fixed assets | 21/28 | €313,384 | €300,163 | -€13,222 | -4.2% |
| Tangible fixed assets | 22/27 | €313,384 | €300,163 | -€13,222 | -4.2% |
| Land and buildings | 22 | €310,946 | €293,225 | -€17,721 | -5.7% |
| Plant, machinery and equipment | 23 | €592 | €464 | -€129 | -21.7% |
| Furniture and vehicles | 24 | €1,846 | €6,474 | +€4,628 | +250.7% |
| Current assets | 29/58 | €33,362 | €49,491 | +€16,129 | +48.3% |
| Stocks and contracts in progress | 3 | €4,661 | €4,731 | +€70 | +1.5% |
| Stocks | 30/36 | €4,661 | €4,731 | +€70 | +1.5% |
| Amounts receivable within one year | 40/41 | €25,848 | €42,652 | +€16,804 | +65.0% |
| Trade receivables | 40 | €19,457 | €36,697 | +€17,240 | +88.6% |
| Other amounts receivable | 41 | €6,391 | €5,955 | -€436 | -6.8% |
| Cash at bank and in hand | 54/58 | €1,408 | €1,557 | +€149 | +10.6% |
| Deferred charges and accrued income | 490/1 | €1,446 | €551 | -€894 | -61.9% |
| Total equity and liabilities | 10/49 | €346,747 | €349,654 | +€2,908 | +0.8% |
| Equity | 10/15 | €159,121 | €183,581 | +€24,460 | +15.4% |
| Contributions | 10/11 | €18,000 | €18,000 | = | 0.0% |
| Reserves | 13 | €131,091 | €131,091 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,800 | €1,800 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,800 | €1,800 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,433 | €7,433 | = | 0.0% |
| Distributable reserves | 133 | €121,858 | €121,858 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,030 | €34,490 | +€24,460 | +243.9% |
| Amounts payable | 17/49 | €187,626 | €166,073 | -€21,553 | -11.5% |
| Amounts payable after more than one year | 17 | €41,495 | €28,999 | -€12,496 | -30.1% |
| Financial debts | 170/4 | €41,495 | €28,999 | -€12,496 | -30.1% |
| Amounts payable within one year | 42/48 | €146,131 | €137,075 | -€9,056 | -6.2% |
| Current portion of amounts payable after more than one year | 42 | €26,440 | €30,878 | +€4,438 | +16.8% |
| Financial debts | 43 | €24,775 | €20,183 | -€4,593 | -18.5% |
| Credit institutions | 430/8 | €24,775 | €20,183 | -€4,593 | -18.5% |
| Trade debts | 44 | €14,597 | €17,546 | +€2,949 | +20.2% |
| Suppliers | 440/4 | €14,597 | €17,546 | +€2,949 | +20.2% |
| Taxes, remuneration and social security | 45 | €9,199 | €8,303 | -€896 | -9.7% |
| Taxes | 450/3 | €9,090 | €8,046 | -€1,044 | -11.5% |
| Remuneration and social security | 454/9 | €108 | €256 | +€148 | +136.2% |
| Other amounts payable | 47/48 | €71,120 | €60,166 | -€10,954 | -15.4% |
| Remuneration, social security and pensions | 62 | €2,044 | €1,925 | -€119 | -5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,427 | €19,423 | +€995 | +5.4% |
| Other operating charges | 640/8 | €30,671 | €31,935 | +€1,264 | +4.1% |
| Gross operating margin | 9900 | €49,555 | €89,820 | +€40,265 | +81.3% |
| Operating profit (loss) | 9901 | -€1,587 | €36,537 | +€38,124 | |
| Financial income | 75/76B | €9 | €1 | -€8 | -85.1% |
| Recurring financial income | 75 | €9 | €1 | -€8 | -85.1% |
| Financial charges | 65/66B | €7,305 | €7,746 | +€441 | +6.0% |
| Recurring financial charges | 65 | €7,305 | €7,746 | +€441 | +6.0% |
| Profit (loss) for the period before taxes | 9903 | -€8,883 | €28,793 | +€37,676 | |
| Income taxes | 67/77 | €371 | €4,333 | +€3,962 | +1066.6% |
| Profit (loss) for the period | 9904 | -€9,254 | €24,460 | +€33,714 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,254 | €24,460 | +€33,714 |
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 12 October 2026 via checked.be.