DELANG-SCHEERLINCK: 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.
DELANG-SCHEERLINCK
Largest movements
- Financial fixed assets +€150,000
up €150,000 (+31.9%), from €470,000 to €620,000
- Cash -€132,199
down €132,199 (-53.4%), from €247,490 to €115,291
mainly Investment in fixed assets (net) (-€250,000) and Receivables within one year (-€9,533)
- Tangible fixed assets +€49,152
up €49,152 (+151%), from €32,598 to €81,749
- Receivables within one year +€9,533
up €9,533 (+126%), from €7,575 to €17,107
of which Other amounts receivable: +€9,533
- Other debts +€47,826
up €47,826 (+2,200%), from €2,174 to €50,000
- Reserves +€21,011
up €21,011 (+18.2%), from €115,567 to €136,578
- Gross operating margin +€47,568
up €47,568 (+130%), from €36,507 to €84,075
- Depreciation +€36,926
up €36,926 (+265%), from €13,923 to €50,848
- Taxes +€2,728
up €2,728 (+55.4%), from €4,921 to €7,648
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 | €757,662 | €834,147 | +€76,485 | +10.1% |
| Fixed assets | 21/28 | €502,598 | €701,749 | +€199,152 | +39.6% |
| Tangible fixed assets | 22/27 | €32,598 | €81,749 | +€49,152 | +151% |
| Land and buildings | 22 | €32,598 | €81,749 | +€49,152 | +151% |
| Financial fixed assets | 28 | €470,000 | €620,000 | +€150,000 | +31.9% |
| Current assets | 29/58 | €255,064 | €132,398 | -€122,666 | -48.1% |
| Amounts receivable within one year | 40/41 | €7,575 | €17,107 | +€9,533 | +126% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €7,575 | €17,107 | +€9,533 | +126% |
| Cash at bank and in hand | 54/58 | €247,490 | €115,291 | -€132,199 | -53.4% |
| Total equity and liabilities | 10/49 | €757,662 | €834,147 | +€76,485 | +10.1% |
| Equity | 10/15 | €750,567 | €771,578 | +€21,011 | +2.8% |
| Contributions | 10/11 | €635,000 | €635,000 | = | 0.0% |
| Reserves | 13 | €115,567 | €136,578 | +€21,011 | +18.2% |
| Distributable reserves | 133 | €115,567 | €136,578 | +€21,011 | +18.2% |
| Amounts payable | 17/49 | €7,095 | €62,569 | +€55,474 | +782% |
| Amounts payable within one year | 42/48 | €7,095 | €62,569 | +€55,474 | +782% |
| Trade debts | 44 | - | €4,921 | +€4,921 | |
| Suppliers | 440/4 | - | €4,921 | +€4,921 | |
| Taxes, remuneration and social security | 45 | €4,921 | €7,648 | +€2,728 | +55.4% |
| Taxes | 450/3 | €4,921 | €7,648 | +€2,728 | +55.4% |
| Other amounts payable | 47/48 | €2,174 | €50,000 | +€47,826 | +2,200% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,923 | €50,848 | +€36,926 | +265% |
| Other operating charges | 640/8 | €4,591 | €4,615 | +€24 | +0.5% |
| Gross operating margin | 9900 | €36,507 | €84,075 | +€47,568 | +130% |
| Operating profit (loss) | 9901 | €17,993 | €28,612 | +€10,618 | +59.0% |
| Financial income | 75/76B | - | €283 | +€283 | |
| Recurring financial income | 75 | - | €283 | +€283 | |
| Financial charges | 65/66B | €235 | €235 | -€0 | -0.1% |
| Recurring financial charges | 65 | €235 | €235 | -€0 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €17,758 | €28,659 | +€10,901 | +61.4% |
| Income taxes | 67/77 | €4,921 | €7,648 | +€2,728 | +55.4% |
| Profit (loss) for the period | 9904 | €12,837 | €21,011 | +€8,174 | +63.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,837 | €21,011 | +€8,174 | +63.7% |
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 31 October 2026 via checked.be.