De Schepper Kris: 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 Schepper Kris
Largest movements
- Tangible fixed assets +€299,586
up €299,586 (+134.4%), from €222,881 to €522,467
of which Plant, machinery and equipment: +€284,147
- Receivables within one year +€57,000
up €57,000 (+25.2%), from €226,176 to €283,176
of which Other amounts receivable: +€52,155
- Cash -€56,419
down €56,419 (-48.1%), from €117,291 to €60,872
mainly Investment in fixed assets (net) (-€404,800) and Receivables within one year (-€57,000)
- Debts after one year +€209,209
up €209,209 (+347.9%), from €60,130 to €269,339
- Reserves +€43,603
up €43,603 (+13.1%), from €332,141 to €375,744
- Current portion of long-term debt +€40,047
up €40,047 (+104.2%), from €38,429 to €78,476
- Gross operating margin -€98,085
down €98,085 (-31.0%), from €316,199 to €218,114
- Taxes -€41,589
down €41,589 (-96.1%), from €43,259 to €1,670
- Depreciation +€23,474
up €23,474 (+28.7%), from €81,740 to €105,214
- Staff costs +€22,789
up €22,789 (+68.7%), from €33,180 to €55,969
- Financial charges +€5,745
up €5,745 (+117.0%), from €4,909 to €10,654
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 | €567,653 | €867,820 | +€300,167 | +52.9% |
| Fixed assets | 21/28 | €224,186 | €523,772 | +€299,586 | +133.6% |
| Tangible fixed assets | 22/27 | €222,881 | €522,467 | +€299,586 | +134.4% |
| Plant, machinery and equipment | 23 | €204,315 | €488,462 | +€284,147 | +139.1% |
| Furniture and vehicles | 24 | €18,566 | €34,005 | +€15,439 | +83.2% |
| Financial fixed assets | 28 | €1,305 | €1,305 | = | 0.0% |
| Current assets | 29/58 | €343,467 | €344,048 | +€581 | +0.2% |
| Amounts receivable within one year | 40/41 | €226,176 | €283,176 | +€57,000 | +25.2% |
| Trade receivables | 40 | €197,133 | €201,978 | +€4,845 | +2.5% |
| Other amounts receivable | 41 | €29,043 | €81,198 | +€52,155 | +179.6% |
| Cash at bank and in hand | 54/58 | €117,291 | €60,872 | -€56,419 | -48.1% |
| Total equity and liabilities | 10/49 | €567,653 | €867,820 | +€300,167 | +52.9% |
| Equity | 10/15 | €362,286 | €405,889 | +€43,603 | +12.0% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €332,141 | €375,744 | +€43,603 | +13.1% |
| Distributable reserves | 133 | €332,141 | €375,744 | +€43,603 | +13.1% |
| Profit (loss) carried forward | 14 | €145 | €145 | = | 0.0% |
| Amounts payable | 17/49 | €205,367 | €461,931 | +€256,564 | +124.9% |
| Amounts payable after more than one year | 17 | €60,130 | €269,339 | +€209,209 | +347.9% |
| Financial debts | 170/4 | €60,130 | €269,339 | +€209,209 | +347.9% |
| Amounts payable within one year | 42/48 | €145,237 | €192,592 | +€47,355 | +32.6% |
| Current portion of amounts payable after more than one year | 42 | €38,429 | €78,476 | +€40,047 | +104.2% |
| Trade debts | 44 | €79,639 | €85,681 | +€6,042 | +7.6% |
| Suppliers | 440/4 | €79,639 | €85,681 | +€6,042 | +7.6% |
| Taxes, remuneration and social security | 45 | €13,970 | €18,965 | +€4,995 | +35.8% |
| Taxes | 450/3 | - | €8,259 | +€8,259 | |
| Remuneration and social security | 454/9 | €13,970 | €10,706 | -€3,264 | -23.4% |
| Other amounts payable | 47/48 | €13,199 | €9,470 | -€3,729 | -28.3% |
| Remuneration, social security and pensions | 62 | €33,180 | €55,969 | +€22,789 | +68.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,740 | €105,214 | +€23,474 | +28.7% |
| Other operating charges | 640/8 | €686 | €1,004 | +€318 | +46.4% |
| Gross operating margin | 9900 | €316,199 | €218,114 | -€98,085 | -31.0% |
| Operating profit (loss) | 9901 | €200,593 | €55,927 | -€144,666 | -72.1% |
| Financial charges | 65/66B | €4,909 | €10,654 | +€5,745 | +117.0% |
| Recurring financial charges | 65 | €4,909 | €10,654 | +€5,745 | +117.0% |
| Profit (loss) for the period before taxes | 9903 | €195,684 | €45,273 | -€150,411 | -76.9% |
| Income taxes | 67/77 | €43,259 | €1,670 | -€41,589 | -96.1% |
| Profit (loss) for the period | 9904 | €152,425 | €43,603 | -€108,822 | -71.4% |
| Profit (loss) for the period to be appropriated | 9905 | €152,425 | €43,603 | -€108,822 | -71.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.