DR. SCHELFOUT KATRIEN: 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.
DR. SCHELFOUT KATRIEN
Largest movements
- Cash -€123,391
down €123,391 (-97.0%), from €127,266 to €3,876
mainly Other debts (-€119,331) and Net result for the year (-€4,205)
- Other debts -€119,331
down €119,331 (-39.4%), from €302,900 to €183,569
- Profit (loss) carried forward -€4,205
down €4,205 (-2.9%), from -€143,676 to -€147,881
- Gross operating margin +€3,264
up €3,264 (+48.3%), from -€6,759 to -€3,495
- Other operating charges +€640
up €640, from €0 to €640
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 | €198,873 | €75,299 | -€123,574 | -62.1% |
| Fixed assets | 21/28 | €18,000 | €18,000 | = | 0.0% |
| Financial fixed assets | 28 | €18,000 | €18,000 | = | 0.0% |
| Current assets | 29/58 | €180,873 | €57,299 | -€123,574 | -68.3% |
| Amounts receivable within one year | 40/41 | €53,607 | €53,423 | -€184 | -0.3% |
| Other amounts receivable | 41 | €53,607 | €53,423 | -€184 | -0.3% |
| Cash at bank and in hand | 54/58 | €127,266 | €3,876 | -€123,391 | -97.0% |
| Total equity and liabilities | 10/49 | €198,873 | €75,299 | -€123,574 | -62.1% |
| Equity | 10/15 | -€104,276 | -€108,481 | -€4,205 | -4.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €27,001 | €27,001 | = | 0.0% |
| Distributable reserves | 133 | €27,001 | €27,001 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€143,676 | -€147,881 | -€4,205 | -2.9% |
| Amounts payable | 17/49 | €303,149 | €183,780 | -€119,369 | -39.4% |
| Amounts payable within one year | 42/48 | €303,149 | €183,780 | -€119,369 | -39.4% |
| Trade debts | 44 | €249 | €211 | -€38 | -15.3% |
| Suppliers | 440/4 | €249 | €211 | -€38 | -15.3% |
| Other amounts payable | 47/48 | €302,900 | €183,569 | -€119,331 | -39.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €0 | €640 | +€640 | |
| Gross operating margin | 9900 | -€6,759 | -€3,495 | +€3,264 | +48.3% |
| Operating profit (loss) | 9901 | -€6,759 | -€4,135 | +€2,624 | +38.8% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €70 | €70 | = | 0.0% |
| Recurring financial charges | 65 | €70 | €70 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€6,829 | -€4,205 | +€2,624 | +38.4% |
| Profit (loss) for the period | 9904 | -€6,829 | -€4,205 | +€2,624 | +38.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,829 | -€4,205 | +€2,624 | +38.4% |
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 6 October 2026 via checked.be.