Group De Schaepmeester: 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.
Group De Schaepmeester
Largest movements
- Receivables after one year +€28,000
up €28,000 (+106%), from €26,306 to €54,306
- Receivables within one year +€16,546
up €16,546 (+391%), from €4,231 to €20,778
of which Trade receivables: +€10,273
- Tangible fixed assets +€5,332
up €5,332 (+169%), from €3,150 to €8,482
of which Other tangible fixed assets: +€3,873
- Cash +€1,970
up €1,970 (+20.4%), from €9,642 to €11,612
mainly Net result for the year (+€28,642) and Tax, wage and social debts (+€18,798)
- Profit (loss) carried forward +€28,642
up €28,642 (+80.1%), from €35,741 to €64,382
- Tax, wage and social debts +€18,798
up €18,798 (+469%), from €4,004 to €22,802
- Trade debts +€3,791
up €3,791 (+276%), from €1,372 to €5,162
- Gross operating margin +€47,462
up €47,462, from -€5,934 to €41,527
- Taxes +€10,135
up €10,135 (+1,706%), from €594 to €10,729
- Depreciation +€525
up €525 (+28.5%), from €1,842 to €2,367
- Financial charges -€519
down €519 (-47.3%), from €1,098 to €579
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 | €46,116 | €98,107 | +€51,990 | +113% |
| Fixed assets | 21/28 | €3,150 | €8,482 | +€5,332 | +169% |
| Tangible fixed assets | 22/27 | €3,150 | €8,482 | +€5,332 | +169% |
| Plant, machinery and equipment | 23 | - | €1,130 | +€1,130 | |
| Furniture and vehicles | 24 | €2,031 | €2,359 | +€329 | +16.2% |
| Other tangible fixed assets | 26 | €1,120 | €4,993 | +€3,873 | +346% |
| Current assets | 29/58 | €42,966 | €89,625 | +€46,659 | +109% |
| Amounts receivable after more than one year | 29 | €26,306 | €54,306 | +€28,000 | +106% |
| Other amounts receivable | 291 | €26,306 | €54,306 | +€28,000 | +106% |
| Amounts receivable within one year | 40/41 | €4,231 | €20,778 | +€16,546 | +391% |
| Trade receivables | 40 | €315 | €10,588 | +€10,273 | +3,261% |
| Other amounts receivable | 41 | €3,916 | €10,190 | +€6,274 | +160% |
| Cash at bank and in hand | 54/58 | €9,642 | €11,612 | +€1,970 | +20.4% |
| Deferred charges and accrued income | 490/1 | €2,786 | €2,929 | +€143 | +5.1% |
| Total equity and liabilities | 10/49 | €46,116 | €98,107 | +€51,990 | +113% |
| Equity | 10/15 | €40,741 | €69,382 | +€28,642 | +70.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,741 | €64,382 | +€28,642 | +80.1% |
| Amounts payable | 17/49 | €5,376 | €28,724 | +€23,349 | +434% |
| Amounts payable within one year | 42/48 | €5,376 | €27,964 | +€22,589 | +420% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €1,372 | €5,162 | +€3,791 | +276% |
| Suppliers | 440/4 | €1,372 | €5,162 | +€3,791 | +276% |
| Taxes, remuneration and social security | 45 | €4,004 | €22,802 | +€18,798 | +469% |
| Taxes | 450/3 | €4,004 | €22,802 | +€18,798 | +469% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €760 | +€760 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,842 | €2,367 | +€525 | +28.5% |
| Other operating charges | 640/8 | €982 | €1,085 | +€103 | +10.4% |
| Gross operating margin | 9900 | -€5,934 | €41,527 | +€47,462 | |
| Operating profit (loss) | 9901 | -€8,759 | €38,076 | +€46,834 | |
| Financial income | 75/76B | €1,728 | €1,874 | +€146 | +8.5% |
| Recurring financial income | 75 | €1,728 | €1,874 | +€146 | +8.5% |
| Financial charges | 65/66B | €1,098 | €579 | -€519 | -47.3% |
| Recurring financial charges | 65 | €1,098 | €579 | -€519 | -47.3% |
| Profit (loss) for the period before taxes | 9903 | -€8,129 | €39,371 | +€47,499 | |
| Income taxes | 67/77 | €594 | €10,729 | +€10,135 | +1,706% |
| Profit (loss) for the period | 9904 | -€8,723 | €28,642 | +€37,365 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,723 | €28,642 | +€37,365 |
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.