F&C SCHELSTRAETE: what changed
F&C SCHELSTRAETE
Largest movements
- Cash +€9,690
up €9,690 (+61.7%), from €15,713 to €25,403
mainly Depreciation (+€9,675) and Tax, wage and social debts (+€7,396)
- Tangible fixed assets -€9,675
down €9,675 (-24.4%), from €39,627 to €29,952
of which Furniture and vehicles: -€9,178
- Current investments +€5,000
up €5,000 (+12.5%), from €40,000 to €45,000
- Accrued charges and deferred income -€8,000
no longer reported in 2025 (was €8,000)
- Tax, wage and social debts +€7,396
up €7,396 (+93.6%), from €7,905 to €15,301
- Profit (loss) carried forward +€4,723
up €4,723 (+5.2%), from €91,293 to €96,015
- Gross operating margin -€27,488
down €27,488 (-60.3%), from €45,608 to €18,120
- Taxes -€6,602
down €6,602 (-77.0%), from €8,571 to €1,970
- Depreciation +€3,763
up €3,763 (+63.7%), from €5,912 to €9,675
- Other operating charges +€1,031
up €1,031 (+147%), from €699 to €1,731
- Financial income -€537
down €537 (-76.7%), from €700 to €163
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €108,921 | €113,559 | +€4,638 | +4.3% |
| Fixed assets | 21/28 | €39,627 | €29,952 | -€9,675 | -24.4% |
| Tangible fixed assets | 22/27 | €39,627 | €29,952 | -€9,675 | -24.4% |
| Plant, machinery and equipment | 23 | €2,314 | €1,817 | -€497 | -21.5% |
| Furniture and vehicles | 24 | €37,313 | €28,135 | -€9,178 | -24.6% |
| Current assets | 29/58 | €69,294 | €83,607 | +€14,313 | +20.7% |
| Amounts receivable within one year | 40/41 | €13,371 | €13,204 | -€167 | -1.2% |
| Trade receivables | 40 | €13,371 | €12,977 | -€393 | -2.9% |
| Other amounts receivable | 41 | - | €227 | +€227 | |
| Current investments | 50/53 | €40,000 | €45,000 | +€5,000 | +12.5% |
| Cash at bank and in hand | 54/58 | €15,713 | €25,403 | +€9,690 | +61.7% |
| Deferred charges and accrued income | 490/1 | €210 | - | -€210 | |
| Total equity and liabilities | 10/49 | €108,921 | €113,559 | +€4,638 | +4.3% |
| Equity | 10/15 | €92,293 | €97,015 | +€4,723 | +5.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,293 | €96,015 | +€4,723 | +5.2% |
| Amounts payable | 17/49 | €16,628 | €16,544 | -€84 | -0.5% |
| Amounts payable within one year | 42/48 | €8,628 | €16,544 | +€7,916 | +91.7% |
| Trade debts | 44 | €128 | €1,243 | +€1,115 | +874% |
| Suppliers | 440/4 | €128 | €1,243 | +€1,115 | +874% |
| Taxes, remuneration and social security | 45 | €7,905 | €15,301 | +€7,396 | +93.6% |
| Taxes | 450/3 | €7,905 | €15,301 | +€7,396 | +93.6% |
| Other amounts payable | 47/48 | €596 | - | -€596 | |
| Accrued charges and deferred income | 492/3 | €8,000 | - | -€8,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,912 | €9,675 | +€3,763 | +63.7% |
| Other operating charges | 640/8 | €699 | €1,731 | +€1,031 | +147% |
| Gross operating margin | 9900 | €45,608 | €18,120 | -€27,488 | -60.3% |
| Operating profit (loss) | 9901 | €38,997 | €6,715 | -€32,282 | -82.8% |
| Financial income | 75/76B | €700 | €163 | -€537 | -76.7% |
| Recurring financial income | 75 | €700 | €163 | -€537 | -76.7% |
| Financial charges | 65/66B | €223 | €186 | -€37 | -16.6% |
| Recurring financial charges | 65 | €223 | €186 | -€37 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €39,474 | €6,692 | -€32,782 | -83.0% |
| Income taxes | 67/77 | €8,571 | €1,970 | -€6,602 | -77.0% |
| Profit (loss) for the period | 9904 | €30,903 | €4,723 | -€26,180 | -84.7% |
| Profit (loss) for the period to be appropriated | 9905 | €30,903 | €4,723 | -€26,180 | -84.7% |
Next steps
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 4 November 2026 via checked.be.