DE SCHEEMAECKER: 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 SCHEEMAECKER
Largest movements
- Stocks and contracts -€22,202
down €22,202 (-22.3%), from €99,611 to €77,409
- Cash +€14,972
up €14,972 (+53.0%), from €28,260 to €43,232
mainly Stocks and contracts (+€22,202) and Other debts (+€18,898)
- Tangible fixed assets +€8,565
up €8,565 (+17.7%), from €48,417 to €56,982
of which Plant, machinery and equipment: +€12,238
- Receivables within one year +€5,502
up €5,502 (+271%), from €2,031 to €7,533
of which Other amounts receivable: +€5,119
- Other debts +€18,898
up €18,898 (+73.0%), from €25,884 to €44,781
- Reserves -€16,398
down €16,398 (-13.6%), from €120,587 to €104,189
- Trade debts +€11,748
up €11,748 (+20,812%), from €56 to €11,805
- Tax, wage and social debts -€6,238
down €6,238 (-85.1%), from €7,327 to €1,089
- Gross operating margin -€29,136
down €29,136 (-90.5%), from €32,200 to €3,064
- Taxes -€7,286
down €7,286 (-96.9%), from €7,520 to €234
- Other operating charges -€729
down €729 (-37.1%), from €1,963 to €1,234
- Financial charges -€449
down €449 (-24.5%), from €1,832 to €1,383
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 | €178,854 | €186,864 | +€8,010 | +4.5% |
| Fixed assets | 21/28 | €48,417 | €56,983 | +€8,566 | +17.7% |
| Intangible fixed assets | 21 | - | €1 | +€1 | |
| Tangible fixed assets | 22/27 | €48,417 | €56,982 | +€8,565 | +17.7% |
| Land and buildings | 22 | €20,916 | €20,916 | = | 0.0% |
| Plant, machinery and equipment | 23 | €17,925 | €30,163 | +€12,238 | +68.3% |
| Furniture and vehicles | 24 | €9,576 | €5,903 | -€3,673 | -38.4% |
| Current assets | 29/58 | €130,437 | €129,881 | -€556 | -0.4% |
| Stocks and contracts in progress | 3 | €99,611 | €77,409 | -€22,202 | -22.3% |
| Stocks | 30/36 | €99,611 | €77,409 | -€22,202 | -22.3% |
| Amounts receivable within one year | 40/41 | €2,031 | €7,533 | +€5,502 | +271% |
| Trade receivables | 40 | €666 | €1,049 | +€383 | +57.4% |
| Other amounts receivable | 41 | €1,364 | €6,484 | +€5,119 | +375% |
| Cash at bank and in hand | 54/58 | €28,260 | €43,232 | +€14,972 | +53.0% |
| Deferred charges and accrued income | 490/1 | €536 | €1,707 | +€1,171 | +219% |
| Total equity and liabilities | 10/49 | €178,854 | €186,864 | +€8,010 | +4.5% |
| Equity | 10/15 | €145,587 | €129,189 | -€16,398 | -11.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €120,587 | €104,189 | -€16,398 | -13.6% |
| Distributable reserves | 133 | €120,587 | €104,189 | -€16,398 | -13.6% |
| Amounts payable | 17/49 | €33,267 | €57,675 | +€24,408 | +73.4% |
| Amounts payable within one year | 42/48 | €33,267 | €57,675 | +€24,408 | +73.4% |
| Trade debts | 44 | €56 | €11,805 | +€11,748 | +20,812% |
| Suppliers | 440/4 | €56 | €11,805 | +€11,748 | +20,812% |
| Taxes, remuneration and social security | 45 | €7,327 | €1,089 | -€6,238 | -85.1% |
| Taxes | 450/3 | €7,327 | €1,089 | -€6,238 | -85.1% |
| Other amounts payable | 47/48 | €25,884 | €44,781 | +€18,898 | +73.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,847 | €9,081 | +€234 | +2.6% |
| Other operating charges | 640/8 | €1,963 | €1,234 | -€729 | -37.1% |
| Gross operating margin | 9900 | €32,200 | €3,064 | -€29,136 | -90.5% |
| Operating profit (loss) | 9901 | €21,391 | -€7,251 | -€28,642 | |
| Financial income | 75/76B | €0 | €120 | +€120 | +32,430% |
| Recurring financial income | 75 | €0 | €120 | +€120 | +32,430% |
| Financial charges | 65/66B | €1,832 | €1,383 | -€449 | -24.5% |
| Recurring financial charges | 65 | €1,832 | €1,383 | -€449 | -24.5% |
| Profit (loss) for the period before taxes | 9903 | €19,559 | -€8,514 | -€28,073 | |
| Income taxes | 67/77 | €7,520 | €234 | -€7,286 | -96.9% |
| Profit (loss) for the period | 9904 | €12,039 | -€8,748 | -€20,787 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,039 | -€8,748 | -€20,787 |
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 15 October 2026 via checked.be.