DR. SCHERPENBERG: 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.
DR. SCHERPENBERG
Largest movements
- Cash +€58,848
up €58,848 (+43.8%), from €134,484 to €193,332
mainly Net result for the year (+€54,281) and Other debts (+€51,872)
- Tangible fixed assets -€7,851
down €7,851 (-21.3%), from €36,790 to €28,939
- Receivables within one year +€4,970
up €4,970 (+85.1%), from €5,837 to €10,807
- Other debts +€51,872
up €51,872 (+1,246%), from €4,164 to €56,036
- Gross operating margin +€28,570
up €28,570 (+48.5%), from €58,947 to €87,517
- Taxes +€6,949
up €6,949 (+44.6%), from €15,575 to €22,525
- Depreciation +€4,100
up €4,100 (+70.3%), from €5,830 to €9,930
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 | €255,359 | €311,515 | +€56,156 | +22.0% |
| Fixed assets | 21/28 | €36,790 | €28,939 | -€7,851 | -21.3% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €36,790 | €28,939 | -€7,851 | -21.3% |
| Plant, machinery and equipment | 23 | €2,323 | €1,832 | -€491 | -21.1% |
| Furniture and vehicles | 24 | €14,404 | €10,815 | -€3,589 | -24.9% |
| Other tangible fixed assets | 26 | €20,063 | €16,293 | -€3,771 | -18.8% |
| Current assets | 29/58 | €218,569 | €282,576 | +€64,007 | +29.3% |
| Amounts receivable within one year | 40/41 | €5,837 | €10,807 | +€4,970 | +85.1% |
| Other amounts receivable | 41 | €5,837 | €10,807 | +€4,970 | +85.1% |
| Current investments | 50/53 | €76,875 | €76,875 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €134,484 | €193,332 | +€58,848 | +43.8% |
| Deferred charges and accrued income | 490/1 | €1,373 | €1,562 | +€189 | +13.8% |
| Total equity and liabilities | 10/49 | €255,359 | €311,515 | +€56,156 | +22.0% |
| Equity | 10/15 | €242,372 | €241,424 | -€948 | -0.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €223,772 | €222,824 | -€948 | -0.4% |
| Distributable reserves | 133 | €223,772 | €222,824 | -€948 | -0.4% |
| Amounts payable | 17/49 | €12,987 | €70,092 | +€57,104 | +440% |
| Amounts payable within one year | 42/48 | €12,987 | €70,092 | +€57,104 | +440% |
| Current portion of amounts payable after more than one year | 42 | €6,156 | €6,686 | +€530 | +8.6% |
| Trade debts | 44 | €2,667 | €5,055 | +€2,388 | +89.5% |
| Suppliers | 440/4 | €2,667 | €5,055 | +€2,388 | +89.5% |
| Taxes, remuneration and social security | 45 | - | €2,315 | +€2,315 | |
| Taxes | 450/3 | - | €2,315 | +€2,315 | |
| Other amounts payable | 47/48 | €4,164 | €56,036 | +€51,872 | +1,246% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,830 | €9,930 | +€4,100 | +70.3% |
| Other operating charges | 640/8 | €896 | €674 | -€222 | -24.8% |
| Gross operating margin | 9900 | €58,947 | €87,517 | +€28,570 | +48.5% |
| Operating profit (loss) | 9901 | €52,220 | €76,912 | +€24,692 | +47.3% |
| Financial income | 75/76B | €546 | €707 | +€161 | +29.5% |
| Recurring financial income | 75 | €546 | €707 | +€161 | +29.5% |
| Financial charges | 65/66B | €1,337 | €813 | -€524 | -39.2% |
| Recurring financial charges | 65 | €1,337 | €813 | -€524 | -39.2% |
| Profit (loss) for the period before taxes | 9903 | €51,429 | €76,806 | +€25,377 | +49.3% |
| Income taxes | 67/77 | €15,575 | €22,525 | +€6,949 | +44.6% |
| Profit (loss) for the period | 9904 | €35,854 | €54,281 | +€18,427 | +51.4% |
| Profit (loss) for the period to be appropriated | 9905 | €35,854 | €54,281 | +€18,427 | +51.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.