ERIK SCHILDERS: what changed
What changed
ERIK SCHILDERS
NACE 43.341, Painting of buildings
filed annual accounts (NBB)
Net result for the year
-€6,199
2024 · €1,090-€7,289
Equity
€94,057
2024 · €100,256-€6,199
Cash
€4,716
2024 · -+€4,716
Balance sheet total
€123,102
2024 · €141,413-€18,311
Largest movements
Assets
- Receivables within one year -€12,623
down €12,623 (-14.2%), from €89,191 to €76,568
of which Trade receivables: -€12,600
- Tangible fixed assets -€10,008
down €10,008 (-20.7%), from €48,339 to €38,332
of which Furniture and vehicles: -€8,843
- Cash +€4,716
new in 2025: €4,716
mainly Depreciation (+€12,769) and Receivables within one year (+€12,623)
Equity and liabilities
- Debts after one year -€6,864
down €6,864 (-31.1%), from €22,077 to €15,213
- Reserves -€6,128
down €6,128 (-7.6%), from €80,184 to €74,057
- Trade debts -€3,934
down €3,934 (-45.1%), from €8,717 to €4,783
- Tax, wage and social debts -€2,226
no longer reported in 2025 (was €2,226)
- Accrued charges and deferred income +€2,185
new in 2025: €2,185
Income statement
- Staff costs +€12,629
up €12,629 (+28.5%), from €44,270 to €56,899
- Gross operating margin +€5,822
up €5,822 (+8.9%), from €65,607 to €71,429
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
€1,090
Gross operating margin
+€5,822
Staff costs
-€12,629
Depreciation
-€281
Other operating charges
-€397
Financial income
+€0
Financial charges
-€148
Taxes
+€343
Result 2025
-€6,199
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
+€15,614
Investment
-€2,761
Financing
-€8,137
Cash 2024
€0
From operations (derived)
+€15,614
Net result for the year
-€6,199
Depreciation
+€12,769
Stocks and contracts
-€451
Receivables within one year
+€12,623
Deferred charges and accrued income
+€846
Trade debts
-€3,934
Tax, wage and social debts
-€2,226
Accrued charges and deferred income
+€2,185
Investment (derived)
-€2,761
Investment in fixed assets (net)
-€2,761
Financing
-€8,137
Debts after one year
-€6,864
Current portion of long-term debt
+€269
Short-term financial debts
-€1,542
Cash 2025
€4,716
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €141,413 | €123,102 | -€18,311 | -12.9% |
| Fixed assets | 21/28 | €48,339 | €38,332 | -€10,008 | -20.7% |
| Tangible fixed assets | 22/27 | €48,339 | €38,332 | -€10,008 | -20.7% |
| Land and buildings | 22 | €10,623 | €9,689 | -€934 | -8.8% |
| Plant, machinery and equipment | 23 | €5,135 | €4,904 | -€231 | -4.5% |
| Furniture and vehicles | 24 | €32,582 | €23,739 | -€8,843 | -27.1% |
| Current assets | 29/58 | €93,074 | €84,770 | -€8,303 | -8.9% |
| Stocks and contracts in progress | 3 | €3,036 | €3,487 | +€451 | +14.9% |
| Stocks | 30/36 | €3,036 | €3,487 | +€451 | +14.9% |
| Amounts receivable within one year | 40/41 | €89,191 | €76,568 | -€12,623 | -14.2% |
| Trade receivables | 40 | €17,342 | €4,742 | -€12,600 | -72.7% |
| Other amounts receivable | 41 | €71,849 | €71,826 | -€23 | 0.0% |
| Cash at bank and in hand | 54/58 | - | €4,716 | +€4,716 | |
| Deferred charges and accrued income | 490/1 | €846 | - | -€846 | |
| Total equity and liabilities | 10/49 | €141,413 | €123,102 | -€18,311 | -12.9% |
| Equity | 10/15 | €100,256 | €94,057 | -€6,199 | -6.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €80,184 | €74,057 | -€6,128 | -7.6% |
| Distributable reserves | 133 | €80,184 | €74,057 | -€6,128 | -7.6% |
| Profit (loss) carried forward | 14 | €71 | - | -€71 | |
| Amounts payable | 17/49 | €41,157 | €29,045 | -€12,112 | -29.4% |
| Amounts payable after more than one year | 17 | €22,077 | €15,213 | -€6,864 | -31.1% |
| Financial debts | 170/4 | €22,077 | €15,213 | -€6,864 | -31.1% |
| Amounts payable within one year | 42/48 | €19,081 | €11,647 | -€7,433 | -39.0% |
| Current portion of amounts payable after more than one year | 42 | €6,595 | €6,864 | +€269 | +4.1% |
| Financial debts | 43 | €1,542 | - | -€1,542 | |
| Credit institutions | 430/8 | €1,542 | - | -€1,542 | |
| Trade debts | 44 | €8,717 | €4,783 | -€3,934 | -45.1% |
| Suppliers | 440/4 | €8,717 | €4,783 | -€3,934 | -45.1% |
| Taxes, remuneration and social security | 45 | €2,226 | - | -€2,226 | |
| Remuneration and social security | 454/9 | €2,226 | - | -€2,226 | |
| Accrued charges and deferred income | 492/3 | - | €2,185 | +€2,185 | |
| Non-recurring operating income | 76A | €3,566 | - | -€3,566 | |
| Remuneration, social security and pensions | 62 | €44,270 | €56,899 | +€12,629 | +28.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,488 | €12,769 | +€281 | +2.3% |
| Other operating charges | 640/8 | €3,606 | €4,003 | +€397 | +11.0% |
| Gross operating margin | 9900 | €65,607 | €71,429 | +€5,822 | +8.9% |
| Operating profit (loss) | 9901 | €5,243 | -€2,241 | -€7,484 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +100% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +100% |
| Financial charges | 65/66B | €3,670 | €3,817 | +€148 | +4.0% |
| Recurring financial charges | 65 | €3,670 | €3,817 | +€148 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €1,574 | -€6,058 | -€7,632 | |
| Income taxes | 67/77 | €483 | €141 | -€343 | -70.9% |
| Profit (loss) for the period | 9904 | €1,090 | -€6,199 | -€7,289 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,090 | -€6,199 | -€7,289 |
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 3 November 2026 via checked.be.