ETABLISSEMENTS SCHEPENS: 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.
ETABLISSEMENTS SCHEPENS
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts -€8,381
down €8,381 (-16.7%), from €50,119 to €41,738
- Gross operating margin -€210,369
down €210,369 (-97.2%), from €216,341 to €5,972
- Taxes -€17,669
down €17,669 (-88.5%), from €19,973 to €2,304
- Financial charges -€7,498
down €7,498 (-96.6%), from €7,762 to €265
- Other operating charges -€6,583
down €6,583 (-69.1%), from €9,530 to €2,948
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 | €746,685 | €739,228 | -€7,456 | -1.0% |
| Current assets | 29/58 | €746,685 | €739,228 | -€7,456 | -1.0% |
| Amounts receivable within one year | 40/41 | €305,473 | €299,642 | -€5,831 | -1.9% |
| Trade receivables | 40 | €9,849 | €2,084 | -€7,765 | -78.8% |
| Other amounts receivable | 41 | €295,624 | €297,558 | +€1,934 | +0.7% |
| Cash at bank and in hand | 54/58 | €441,212 | €439,586 | -€1,626 | -0.4% |
| Total equity and liabilities | 10/49 | €746,685 | €739,228 | -€7,456 | -1.0% |
| Equity | 10/15 | €644,873 | €645,280 | +€407 | +0.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €135,750 | €135,750 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €129,550 | €129,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €447,123 | €447,530 | +€407 | +0.1% |
| Provisions and deferred taxes | 16 | €50,700 | €50,700 | = | 0.0% |
| Deferred taxes | 168 | €50,700 | €50,700 | = | 0.0% |
| Amounts payable | 17/49 | €51,111 | €43,248 | -€7,863 | -15.4% |
| Amounts payable within one year | 42/48 | €51,111 | €43,248 | -€7,863 | -15.4% |
| Trade debts | 44 | €365 | €1,510 | +€1,144 | +313.3% |
| Suppliers | 440/4 | €365 | €1,510 | +€1,144 | +313.3% |
| Taxes, remuneration and social security | 45 | €627 | - | -€627 | |
| Taxes | 450/3 | €627 | - | -€627 | |
| Other amounts payable | 47/48 | €50,119 | €41,738 | -€8,381 | -16.7% |
| Remuneration, social security and pensions | 62 | €150 | - | -€150 | |
| Other operating charges | 640/8 | €9,530 | €2,948 | -€6,583 | -69.1% |
| Non-recurring operating charges | 66A | - | €50 | +€50 | |
| Gross operating margin | 9900 | €216,341 | €5,972 | -€210,369 | -97.2% |
| Operating profit (loss) | 9901 | €206,661 | €2,975 | -€203,686 | -98.6% |
| Financial income | 75/76B | €23 | €1 | -€22 | -96.9% |
| Recurring financial income | 75 | €23 | €1 | -€22 | -96.9% |
| Financial charges | 65/66B | €7,762 | €265 | -€7,498 | -96.6% |
| Recurring financial charges | 65 | €7,762 | €265 | -€7,498 | -96.6% |
| Profit (loss) for the period before taxes | 9903 | €198,921 | €2,711 | -€196,211 | -98.6% |
| Transfer to deferred taxes | 680 | €50,700 | - | -€50,700 | |
| Income taxes | 67/77 | €19,973 | €2,304 | -€17,669 | -88.5% |
| Profit (loss) for the period | 9904 | €128,249 | €407 | -€127,842 | -99.7% |
| Transfer to tax-exempt reserves | 689 | €76,050 | - | -€76,050 | |
| Profit (loss) for the period to be appropriated | 9905 | €52,199 | €407 | -€51,792 | -99.2% |
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 9 October 2026 via checked.be.