DR SCHILDERWERKEN: what changed
What changed
DR SCHILDERWERKEN
NACE 43.341, Painting of buildings
filed annual accounts (NBB)
Net result for the year
€2,233
2024 · €35,619-€33,386
Equity
€163,405
2024 · €161,172+€2,233
Cash
€22,057
2024 · €44,019-€21,962
Balance sheet total
€309,871
2024 · €320,051-€10,179
Largest movements
Assets
- Cash -€21,962
down €21,962 (-49.9%), from €44,019 to €22,057
mainly Trade debts (-€23,831) and Investment in fixed assets (net) (-€14,465)
- Receivables within one year +€12,994
up €12,994 (+58.8%), from €22,103 to €35,097
of which Trade receivables: +€11,998
Equity and liabilities
- Trade debts -€23,831
down €23,831 (-58.4%), from €40,840 to €17,009
- Other debts +€8,166
up €8,166 (+270%), from €3,029 to €11,195
Income statement
- Gross operating margin -€58,721
down €58,721 (-34.3%), from €171,276 to €112,554
- Staff costs -€20,664
down €20,664 (-20.0%), from €103,336 to €82,672
- Taxes -€8,929
down €8,929 (-79.7%), from €11,196 to €2,268
- Depreciation +€3,815
up €3,815 (+28.8%), from €13,265 to €17,080
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€35,619
Gross operating margin
-€58,721
Staff costs
+€20,664
Depreciation
-€3,815
Other operating charges
-€672
Financial income
-€97
Financial charges
+€326
Taxes
+€8,929
Result 2025
€2,233
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€6,364
Investment
-€14,465
Financing
-€1,133
Cash 2024
€44,019
From operations (derived)
-€6,364
Net result for the year
+€2,233
Depreciation
+€17,080
Stocks and contracts
-€1,580
Receivables within one year
-€12,994
Deferred charges and accrued income
+€177
Trade debts
-€23,831
Tax, wage and social debts
+€2,966
Other debts
+€8,166
Accrued charges and deferred income
+€1,420
Investment (derived)
-€14,465
Investment in fixed assets (net)
-€14,465
Financing
-€1,133
Debts after one year
-€2,393
Current portion of long-term debt
+€1,268
Short-term financial debts
-€8
Cash 2025
€22,057
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €320,051 | €309,871 | -€10,179 | -3.2% |
| Fixed assets | 21/28 | €242,935 | €240,320 | -€2,615 | -1.1% |
| Tangible fixed assets | 22/27 | €242,935 | €240,320 | -€2,615 | -1.1% |
| Land and buildings | 22 | €172,044 | €164,169 | -€7,874 | -4.6% |
| Plant, machinery and equipment | 23 | €68,189 | €63,313 | -€4,876 | -7.1% |
| Furniture and vehicles | 24 | €2,702 | €12,837 | +€10,135 | +375% |
| Current assets | 29/58 | €77,116 | €69,551 | -€7,564 | -9.8% |
| Stocks and contracts in progress | 3 | €7,814 | €9,394 | +€1,580 | +20.2% |
| Stocks | 30/36 | €7,814 | €9,394 | +€1,580 | +20.2% |
| Amounts receivable within one year | 40/41 | €22,103 | €35,097 | +€12,994 | +58.8% |
| Trade receivables | 40 | €17,896 | €29,894 | +€11,998 | +67.0% |
| Other amounts receivable | 41 | €4,207 | €5,203 | +€996 | +23.7% |
| Cash at bank and in hand | 54/58 | €44,019 | €22,057 | -€21,962 | -49.9% |
| Deferred charges and accrued income | 490/1 | €3,180 | €3,003 | -€177 | -5.6% |
| Total equity and liabilities | 10/49 | €320,051 | €309,871 | -€10,179 | -3.2% |
| Equity | 10/15 | €161,172 | €163,405 | +€2,233 | +1.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €142,622 | €144,855 | +€2,233 | +1.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €142,622 | €144,855 | +€2,233 | +1.6% |
| Amounts payable | 17/49 | €158,878 | €146,466 | -€12,412 | -7.8% |
| Amounts payable after more than one year | 17 | €73,407 | €71,014 | -€2,393 | -3.3% |
| Financial debts | 170/4 | €73,407 | €46,014 | -€27,393 | -37.3% |
| Other amounts payable | 178/9 | - | €25,000 | +€25,000 | |
| Amounts payable within one year | 42/48 | €85,471 | €74,032 | -€11,439 | -13.4% |
| Current portion of amounts payable after more than one year | 42 | €26,125 | €27,393 | +€1,268 | +4.9% |
| Financial debts | 43 | €1,690 | €1,682 | -€8 | -0.5% |
| Credit institutions | 430/8 | €1,690 | €1,682 | -€8 | -0.5% |
| Trade debts | 44 | €40,840 | €17,009 | -€23,831 | -58.4% |
| Suppliers | 440/4 | €40,840 | €17,009 | -€23,831 | -58.4% |
| Taxes, remuneration and social security | 45 | €13,787 | €16,753 | +€2,966 | +21.5% |
| Taxes | 450/3 | €9,753 | €14,421 | +€4,669 | +47.9% |
| Remuneration and social security | 454/9 | €4,035 | €2,332 | -€1,703 | -42.2% |
| Other amounts payable | 47/48 | €3,029 | €11,195 | +€8,166 | +270% |
| Accrued charges and deferred income | 492/3 | - | €1,420 | +€1,420 | |
| Remuneration, social security and pensions | 62 | €103,336 | €82,672 | -€20,664 | -20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,265 | €17,080 | +€3,815 | +28.8% |
| Other operating charges | 640/8 | €1,576 | €2,248 | +€672 | +42.7% |
| Gross operating margin | 9900 | €171,276 | €112,554 | -€58,721 | -34.3% |
| Operating profit (loss) | 9901 | €53,099 | €10,555 | -€42,544 | -80.1% |
| Financial income | 75/76B | €213 | €116 | -€97 | -45.5% |
| Recurring financial income | 75 | €213 | €116 | -€97 | -45.5% |
| Financial charges | 65/66B | €6,496 | €6,170 | -€326 | -5.0% |
| Recurring financial charges | 65 | €6,496 | €6,170 | -€326 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €46,815 | €4,500 | -€42,315 | -90.4% |
| Income taxes | 67/77 | €11,196 | €2,268 | -€8,929 | -79.7% |
| Profit (loss) for the period | 9904 | €35,619 | €2,233 | -€33,386 | -93.7% |
| Profit (loss) for the period to be appropriated | 9905 | €35,619 | €2,233 | -€33,386 | -93.7% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.