E.Y. SCHILDERWERKEN: 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.
E.Y. SCHILDERWERKEN
Largest movements
- Tangible fixed assets +€31,696
new in 2025: €31,696
- Cash +€4,122
up €4,122 (+70.8%), from €5,820 to €9,942
mainly Debts after one year (+€23,742) and Current portion of long-term debt (+€5,509)
- Receivables within one year +€2,109
up €2,109 (+36.9%), from €5,711 to €7,820
of which Other amounts receivable: +€3,031
- Debts after one year +€23,742
new in 2025: €23,742
- Current portion of long-term debt +€5,509
new in 2025: €5,509
- Reserves +€4,042
up €4,042 (+109%), from €3,712 to €7,754
- Advances received +€4,000
new in 2025: €4,000
- Other debts -€1,821
down €1,821 (-59.7%), from €3,052 to €1,231
- Gross operating margin +€2,272
up €2,272 (+43.1%), from €5,269 to €7,540
- Depreciation +€1,171
new in 2025: €1,171
- Taxes +€420
up €420 (+27.2%), from €1,546 to €1,966
- Financial charges +€350
up €350 (+3,291%), from €11 to €361
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 | €11,531 | €49,458 | +€37,927 | +329% |
| Fixed assets | 21/28 | - | €31,696 | +€31,696 | |
| Tangible fixed assets | 22/27 | - | €31,696 | +€31,696 | |
| Furniture and vehicles | 24 | - | €31,696 | +€31,696 | |
| Current assets | 29/58 | €11,531 | €17,762 | +€6,231 | +54.0% |
| Amounts receivable within one year | 40/41 | €5,711 | €7,820 | +€2,109 | +36.9% |
| Trade receivables | 40 | €4,922 | €4,000 | -€922 | -18.7% |
| Other amounts receivable | 41 | €789 | €3,820 | +€3,031 | +384% |
| Cash at bank and in hand | 54/58 | €5,820 | €9,942 | +€4,122 | +70.8% |
| Total equity and liabilities | 10/49 | €11,531 | €49,458 | +€37,927 | +329% |
| Equity | 10/15 | €5,712 | €9,754 | +€4,042 | +70.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €3,712 | €7,754 | +€4,042 | +109% |
| Distributable reserves | 133 | €3,712 | €7,754 | +€4,042 | +109% |
| Amounts payable | 17/49 | €5,819 | €39,704 | +€33,885 | +582% |
| Amounts payable after more than one year | 17 | - | €23,742 | +€23,742 | |
| Financial debts | 170/4 | - | €23,742 | +€23,742 | |
| Amounts payable within one year | 42/48 | €5,819 | €15,962 | +€10,143 | +174% |
| Current portion of amounts payable after more than one year | 42 | - | €5,509 | +€5,509 | |
| Trade debts | 44 | €71 | €1,409 | +€1,338 | +1,887% |
| Suppliers | 440/4 | €71 | €1,409 | +€1,338 | +1,887% |
| Advances received on contracts in progress | 46 | - | €4,000 | +€4,000 | |
| Taxes, remuneration and social security | 45 | €2,696 | €3,813 | +€1,116 | +41.4% |
| Taxes | 450/3 | €2,696 | €3,813 | +€1,116 | +41.4% |
| Other amounts payable | 47/48 | €3,052 | €1,231 | -€1,821 | -59.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,171 | +€1,171 | |
| Gross operating margin | 9900 | €5,269 | €7,540 | +€2,272 | +43.1% |
| Operating profit (loss) | 9901 | €5,269 | €6,370 | +€1,101 | +20.9% |
| Financial charges | 65/66B | €11 | €361 | +€350 | +3,291% |
| Recurring financial charges | 65 | €11 | €361 | +€350 | +3,291% |
| Profit (loss) for the period before taxes | 9903 | €5,258 | €6,009 | +€751 | +14.3% |
| Income taxes | 67/77 | €1,546 | €1,966 | +€420 | +27.2% |
| Profit (loss) for the period | 9904 | €3,712 | €4,042 | +€331 | +8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,712 | €4,042 | +€331 | +8.9% |
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 27 October 2026 via checked.be.