Het Scheefkasteel: 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.
Het Scheefkasteel
Largest movements
- Cash -€75,028
down €75,028 (-73.3%), from €102,374 to €27,346
mainly Investment in fixed assets (net) (-€60,900) and Other debts (-€52,908)
- Tangible fixed assets +€16,390
up €16,390 (+2.5%), from €657,046 to €673,437
of which Furniture and vehicles: +€31,001
- Stocks and contracts +€16,375
up €16,375 (+66.2%), from €24,750 to €41,125
- Other debts -€52,908
down €52,908 (-47.3%), from €111,949 to €59,041
- Debts after one year -€33,743
down €33,743 (-7.9%), from €425,000 to €391,257
- Reserves +€22,300
up €22,300 (+10.9%), from €204,600 to €226,900
- Trade debts +€13,821
up €13,821 (+176.7%), from €7,824 to €21,645
- Gross operating margin -€59,436
down €59,436 (-42.4%), from €140,127 to €80,691
- Taxes -€12,473
down €12,473 (-73.7%), from €16,923 to €4,450
- Depreciation +€4,584
up €4,584 (+11.5%), from €39,925 to €44,509
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 | €810,203 | €764,178 | -€46,025 | -5.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €657,046 | €673,437 | +€16,390 | +2.5% |
| Tangible fixed assets | 22/27 | €657,046 | €673,437 | +€16,390 | +2.5% |
| Land and buildings | 22 | €651,959 | €631,619 | -€20,340 | -3.1% |
| Plant, machinery and equipment | 23 | €4,340 | €10,069 | +€5,729 | +132.0% |
| Furniture and vehicles | 24 | €748 | €31,749 | +€31,001 | +4145.4% |
| Current assets | 29/58 | €153,157 | €90,742 | -€62,415 | -40.8% |
| Stocks and contracts in progress | 3 | €24,750 | €41,125 | +€16,375 | +66.2% |
| Stocks | 30/36 | €24,750 | €41,125 | +€16,375 | +66.2% |
| Amounts receivable within one year | 40/41 | €24,467 | €20,646 | -€3,820 | -15.6% |
| Trade receivables | 40 | €19,800 | €20,260 | +€460 | +2.3% |
| Other amounts receivable | 41 | €4,667 | €386 | -€4,280 | -91.7% |
| Cash at bank and in hand | 54/58 | €102,374 | €27,346 | -€75,028 | -73.3% |
| Deferred charges and accrued income | 490/1 | €1,566 | €1,624 | +€58 | +3.7% |
| Total equity and liabilities | 10/49 | €810,203 | €764,178 | -€46,025 | -5.7% |
| Equity | 10/15 | €214,765 | €237,119 | +€22,354 | +10.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €204,600 | €226,900 | +€22,300 | +10.9% |
| Distributable reserves | 133 | €204,600 | €226,900 | +€22,300 | +10.9% |
| Profit (loss) carried forward | 14 | €165 | €219 | +€54 | +33.0% |
| Amounts payable | 17/49 | €595,439 | €527,059 | -€68,379 | -11.5% |
| Amounts payable after more than one year | 17 | €425,000 | €391,257 | -€33,743 | -7.9% |
| Financial debts | 170/4 | €425,000 | €391,257 | -€33,743 | -7.9% |
| Amounts payable within one year | 42/48 | €170,439 | €135,802 | -€34,637 | -20.3% |
| Current portion of amounts payable after more than one year | 42 | €33,743 | €33,743 | = | 0.0% |
| Trade debts | 44 | €7,824 | €21,645 | +€13,821 | +176.7% |
| Suppliers | 440/4 | €7,824 | €21,645 | +€13,821 | +176.7% |
| Taxes, remuneration and social security | 45 | €16,923 | €21,374 | +€4,450 | +26.3% |
| Taxes | 450/3 | €16,923 | €21,374 | +€4,450 | +26.3% |
| Other amounts payable | 47/48 | €111,949 | €59,041 | -€52,908 | -47.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,925 | €44,509 | +€4,584 | +11.5% |
| Other operating charges | 640/8 | €3,198 | €2,547 | -€650 | -20.3% |
| Gross operating margin | 9900 | €140,127 | €80,691 | -€59,436 | -42.4% |
| Operating profit (loss) | 9901 | €97,004 | €33,634 | -€63,370 | -65.3% |
| Financial income | 75/76B | €200 | €0 | -€200 | -100.0% |
| Recurring financial income | 75 | €200 | €0 | -€200 | -100.0% |
| Financial charges | 65/66B | €7,324 | €6,830 | -€495 | -6.8% |
| Recurring financial charges | 65 | €7,324 | €6,830 | -€495 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | €89,880 | €26,805 | -€63,076 | -70.2% |
| Income taxes | 67/77 | €16,923 | €4,450 | -€12,473 | -73.7% |
| Profit (loss) for the period | 9904 | €72,957 | €22,354 | -€50,603 | -69.4% |
| Profit (loss) for the period to be appropriated | 9905 | €72,957 | €22,354 | -€50,603 | -69.4% |
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 8 October 2026 via checked.be.