Het Schaapje: 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.
Het Schaapje
Largest movements
- Cash -€8,488
down €8,488 (-44.1%), from €19,230 to €10,742
mainly Debts after one year (-€17,500) and Receivables within one year (-€6,084)
- Receivables within one year +€6,084
up €6,084 (+32.6%), from €18,680 to €24,764
of which Other amounts receivable: +€5,793
- Tangible fixed assets -€2,971
down €2,971 (-7.5%), from €39,536 to €36,564
of which Plant, machinery and equipment: -€2,830
- Debts after one year -€17,500
no longer reported in 2025 (was €17,500)
- Reserves +€7,623
up €7,623 (+65.9%), from €11,569 to €19,192
- Trade debts +€5,238
up €5,238 (+488%), from €1,074 to €6,312
- Accrued charges and deferred income -€1,165
down €1,165 (-7.6%), from €15,391 to €14,225
- Other debts +€809
up €809 (+7.9%), from €10,200 to €11,009
- Staff costs +€27,518
up €27,518 (+23.0%), from €119,501 to €147,019
- Gross operating margin +€7,939
up €7,939 (+5.0%), from €158,784 to €166,724
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 | €77,490 | €72,070 | -€5,420 | -7.0% |
| Fixed assets | 21/28 | €39,536 | €36,564 | -€2,971 | -7.5% |
| Tangible fixed assets | 22/27 | €39,536 | €36,564 | -€2,971 | -7.5% |
| Land and buildings | 22 | €12,357 | €12,819 | +€462 | +3.7% |
| Plant, machinery and equipment | 23 | €26,108 | €23,278 | -€2,830 | -10.8% |
| Furniture and vehicles | 24 | €1,071 | €467 | -€604 | -56.4% |
| Current assets | 29/58 | €37,954 | €35,506 | -€2,448 | -6.5% |
| Amounts receivable within one year | 40/41 | €18,680 | €24,764 | +€6,084 | +32.6% |
| Trade receivables | 40 | €1,358 | €1,649 | +€292 | +21.5% |
| Other amounts receivable | 41 | €17,322 | €23,115 | +€5,793 | +33.4% |
| Cash at bank and in hand | 54/58 | €19,230 | €10,742 | -€8,488 | -44.1% |
| Deferred charges and accrued income | 490/1 | €44 | - | -€44 | |
| Total equity and liabilities | 10/49 | €77,490 | €72,070 | -€5,420 | -7.0% |
| Equity | 10/15 | €12,569 | €20,192 | +€7,623 | +60.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €11,569 | €19,192 | +€7,623 | +65.9% |
| Distributable reserves | 133 | €11,569 | €19,192 | +€7,623 | +65.9% |
| Amounts payable | 17/49 | €64,921 | €51,878 | -€13,043 | -20.1% |
| Amounts payable after more than one year | 17 | €17,500 | - | -€17,500 | |
| Financial debts | 170/4 | €17,500 | - | -€17,500 | |
| Amounts payable within one year | 42/48 | €32,031 | €37,653 | +€5,622 | +17.6% |
| Trade debts | 44 | €1,074 | €6,312 | +€5,238 | +488% |
| Suppliers | 440/4 | €1,074 | €6,312 | +€5,238 | +488% |
| Taxes, remuneration and social security | 45 | €20,756 | €20,331 | -€425 | -2.0% |
| Taxes | 450/3 | €4,131 | €4,448 | +€316 | +7.7% |
| Remuneration and social security | 454/9 | €16,625 | €15,883 | -€742 | -4.5% |
| Other amounts payable | 47/48 | €10,200 | €11,009 | +€809 | +7.9% |
| Accrued charges and deferred income | 492/3 | €15,391 | €14,225 | -€1,165 | -7.6% |
| Remuneration, social security and pensions | 62 | €119,501 | €147,019 | +€27,518 | +23.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,069 | €8,670 | -€1,399 | -13.9% |
| Other operating charges | 640/8 | €593 | €607 | +€14 | +2.4% |
| Gross operating margin | 9900 | €158,784 | €166,724 | +€7,939 | +5.0% |
| Operating profit (loss) | 9901 | €28,622 | €10,428 | -€18,194 | -63.6% |
| Financial income | 75/76B | €106 | €81 | -€26 | -24.0% |
| Recurring financial income | 75 | €106 | €81 | -€26 | -24.0% |
| Financial charges | 65/66B | €167 | €203 | +€36 | +21.4% |
| Recurring financial charges | 65 | €167 | €203 | +€36 | +21.4% |
| Profit (loss) for the period before taxes | 9903 | €28,561 | €10,306 | -€18,255 | -63.9% |
| Income taxes | 67/77 | €3,244 | €2,683 | -€561 | -17.3% |
| Profit (loss) for the period | 9904 | €25,317 | €7,623 | -€17,694 | -69.9% |
| Profit (loss) for the period to be appropriated | 9905 | €25,317 | €7,623 | -€17,694 | -69.9% |
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 22 October 2026 via checked.be.