DE SCHEPPER UNITED: 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.
What changed
DE SCHEPPER UNITED
NACE 82.990, Other business support services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€291,267
2024 · €147,062-€438,329
Equity
€5.3m
2024 · €5.2m+€91,193
Cash
€75,144
2024 · €13,179+€61,966
Balance sheet total
€8.9m
2024 · €8.2m+€750,463
Largest movements
Assets
- Tangible fixed assets +€816,073
up €816,073 (+18.3%), from €4.5m to €5.3m
of which Plant, machinery and equipment: +€528,263
- Receivables within one year +€507,715
up €507,715 (+51.0%), from €995,823 to €1.5m
of which Other amounts receivable: +€543,677
- Stocks and contracts -€237,379
down €237,379 (-35.6%), from €665,914 to €428,535
- Receivables after one year -€205,949
down €205,949 (-66.3%), from €310,463 to €104,514
- Intangible fixed assets -€193,797
down €193,797 (-11.7%), from €1.7m to €1.5m
Equity and liabilities
- Debts after one year +€750,294
up €750,294 (+35.7%), from €2.1m to €2.9m
- Revaluation surpluses +€382,460
up €382,460 (+17.5%), from €2.2m to €2.6m
- Profit (loss) carried forward -€212,245
down €212,245, from €87,678 to -€124,567
Income statement
- Gross operating margin -€410,498
down €410,498 (-56.5%), from €726,800 to €316,302
- Write-downs -€92,750
down €92,750 (-100%), from €92,750 to €0
- Staff costs +€47,310
up €47,310 (+47.2%), from €100,295 to €147,605
- Depreciation +€44,078
up €44,078 (+13.2%), from €334,658 to €378,736
- Financial charges +€32,433
up €32,433 (+42.3%), from €76,739 to €109,172
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.
Result 2024
€147,062
Gross operating margin
-€410,498
Staff costs
-€47,310
Depreciation
-€44,078
Write-downs
+€92,750
Other operating charges
-€17,283
Financial income
+€7,826
Financial charges
-€32,433
Taxes
+€1,837
Deferred taxes and other
+€10,860
Result 2025
-€291,267
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€75,297
Investment
-€1.0m
Financing
+€1.1m
Cash 2024
€13,179
From operations (derived)
-€75,297
Net result for the year
-€291,267
Depreciation
+€378,736
Receivables after one year
+€205,949
Stocks and contracts
+€237,379
Receivables within one year
-€507,715
Deferred charges and accrued income
-€1,835
Provisions
-€26,564
Trade debts
-€31,088
Tax, wage and social debts
-€11,811
Other debts
-€27,082
Investment (derived)
-€1.0m
Investment in fixed assets (net)
-€1.0m
Financing
+€1.1m
Debts after one year
+€750,294
Current portion of long-term debt
+€5,521
Contributions, distributions and other
+€382,460
Cash 2025
€75,144
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,187,588 | €8,938,051 | +€750,463 | +9.2% |
| Fixed assets | 21/28 | €6,161,594 | €6,783,870 | +€622,276 | +10.1% |
| Intangible fixed assets | 21 | €1,651,657 | €1,457,860 | -€193,797 | -11.7% |
| Tangible fixed assets | 22/27 | €4,461,771 | €5,277,844 | +€816,073 | +18.3% |
| Land and buildings | 22 | €2,556,710 | €2,932,513 | +€375,804 | +14.7% |
| Plant, machinery and equipment | 23 | €1,433,447 | €1,961,710 | +€528,263 | +36.9% |
| Furniture and vehicles | 24 | €161,660 | €118,731 | -€42,929 | -26.6% |
| Other tangible fixed assets | 26 | €309,954 | €264,889 | -€45,065 | -14.5% |
| Financial fixed assets | 28 | €48,166 | €48,166 | = | 0.0% |
| Current assets | 29/58 | €2,025,994 | €2,154,181 | +€128,187 | +6.3% |
| Amounts receivable after more than one year | 29 | €310,463 | €104,514 | -€205,949 | -66.3% |
| Trade receivables | 290 | €310,463 | €104,514 | -€205,949 | -66.3% |
| Stocks and contracts in progress | 3 | €665,914 | €428,535 | -€237,379 | -35.6% |
| Stocks | 30/36 | €665,914 | €428,535 | -€237,379 | -35.6% |
| Amounts receivable within one year | 40/41 | €995,823 | €1,503,538 | +€507,715 | +51.0% |
| Trade receivables | 40 | €241,911 | €205,949 | -€35,962 | -14.9% |
| Other amounts receivable | 41 | €753,912 | €1,297,589 | +€543,677 | +72.1% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €13,179 | €75,144 | +€61,966 | +470% |
| Deferred charges and accrued income | 490/1 | €40,615 | €42,450 | +€1,835 | +4.5% |
| Total equity and liabilities | 10/49 | €8,187,588 | €8,938,051 | +€750,463 | +9.2% |
| Equity | 10/15 | €5,161,818 | €5,253,011 | +€91,193 | +1.8% |
| Contributions | 10/11 | €196,969 | €196,969 | = | 0.0% |
| Capital | 10 | €196,969 | €196,969 | = | 0.0% |
| Issued capital | 100 | €196,969 | €196,969 | = | 0.0% |
| Revaluation surpluses | 12 | €2,189,502 | €2,571,962 | +€382,460 | +17.5% |
| Reserves | 13 | €2,687,669 | €2,608,647 | -€79,022 | -2.9% |
| Non-distributable reserves | 130/1 | €44,360 | €44,360 | = | 0.0% |
| Legal reserve | 130 | €44,360 | €44,360 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,643,309 | €2,564,287 | -€79,022 | -3.0% |
| Profit (loss) carried forward | 14 | €87,678 | -€124,567 | -€212,245 | |
| Provisions and deferred taxes | 16 | €612,787 | €586,223 | -€26,564 | -4.3% |
| Deferred taxes | 168 | €612,787 | €586,223 | -€26,564 | -4.3% |
| Amounts payable | 17/49 | €2,412,983 | €3,098,817 | +€685,834 | +28.4% |
| Amounts payable after more than one year | 17 | €2,103,161 | €2,853,455 | +€750,294 | +35.7% |
| Financial debts | 170/4 | €2,103,161 | €2,853,455 | +€750,294 | +35.7% |
| Amounts payable within one year | 42/48 | €309,822 | €245,363 | -€64,459 | -20.8% |
| Current portion of amounts payable after more than one year | 42 | €69,518 | €75,039 | +€5,521 | +7.9% |
| Trade debts | 44 | €86,435 | €55,347 | -€31,088 | -36.0% |
| Suppliers | 440/4 | €86,435 | €55,347 | -€31,088 | -36.0% |
| Taxes, remuneration and social security | 45 | €45,665 | €33,855 | -€11,811 | -25.9% |
| Taxes | 450/3 | €25,309 | €25,000 | -€309 | -1.2% |
| Remuneration and social security | 454/9 | €20,357 | €8,855 | -€11,502 | -56.5% |
| Other amounts payable | 47/48 | €108,203 | €81,121 | -€27,082 | -25.0% |
| Non-recurring operating income | 76A | €311,230 | €0 | -€311,230 | -100% |
| Remuneration, social security and pensions | 62 | €100,295 | €147,605 | +€47,310 | +47.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €334,658 | €378,736 | +€44,078 | +13.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €92,750 | €0 | -€92,750 | -100% |
| Other operating charges | 640/8 | €10,866 | €28,149 | +€17,283 | +159% |
| Gross operating margin | 9900 | €726,800 | €316,302 | -€410,498 | -56.5% |
| Operating profit (loss) | 9901 | €188,232 | -€238,187 | -€426,419 | |
| Financial income | 75/76B | €45,435 | €53,261 | +€7,826 | +17.2% |
| Recurring financial income | 75 | €45,435 | €53,261 | +€7,826 | +17.2% |
| Financial charges | 65/66B | €76,739 | €109,172 | +€32,433 | +42.3% |
| Recurring financial charges | 65 | €76,739 | €109,172 | +€32,433 | +42.3% |
| Profit (loss) for the period before taxes | 9903 | €156,927 | -€294,098 | -€451,026 | |
| Transfer from deferred taxes | 780 | €15,704 | €26,564 | +€10,860 | +69.2% |
| Income taxes | 67/77 | €25,569 | €23,733 | -€1,837 | -7.2% |
| Profit (loss) for the period | 9904 | €147,062 | -€291,267 | -€438,329 | |
| Transfer from tax-exempt reserves | 789 | €46,443 | €79,022 | +€32,579 | +70.1% |
| Profit (loss) for the period to be appropriated | 9905 | €193,505 | -€212,245 | -€405,750 |
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 26 October 2026 via checked.be.