HOLSBEEK SCHILDE: 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.
What changed
HOLSBEEK SCHILDE
NACE 47.730, Retail sale of pharmaceutical products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€73,329
2024 · -€91,774+€18,444
Equity
€354,783
2024 · €428,113-€73,329
Cash
€34,535
2024 · €21,023+€13,512
Balance sheet total
€2.3m
2024 · €2.2m+€93,478
Largest movements
Assets
- Receivables within one year +€129,700
up €129,700 (+9.0%), from €1.4m to €1.6m
of which Other amounts receivable: +€75,044
- Tangible fixed assets -€39,998
down €39,998 (-10.7%), from €375,491 to €335,493
of which Land and buildings: -€25,251
Equity and liabilities
- Trade debts +€174,162
up €174,162 (+23.9%), from €729,614 to €903,775
- Profit (loss) carried forward -€73,329
down €73,329 (-27.7%), from €265,174 to €191,845
- Tax, wage and social debts +€39,921
up €39,921 (+58.9%), from €67,796 to €107,717
of which Remuneration and social security: +€31,553
- Debts after one year -€34,970
down €34,970 (-10.5%), from €333,587 to €298,616
Income statement
- Gross operating margin +€13,317
up €13,317 (+2.4%), from €563,138 to €576,455
- Financial charges -€12,793
down €12,793 (-16.0%), from €80,039 to €67,246
- Staff costs +€6,005
up €6,005 (+1.1%), from €529,776 to €535,781
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.
Result 2024
-€91,774
Gross operating margin
+€13,317
Staff costs
-€6,005
Depreciation
-€1,522
Other operating charges
+€316
Other operating items
-€20
Financial income
-€415
Financial charges
+€12,793
Taxes
-€19
Result 2025
-€73,329
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€65,604
Investment
-€2,950
Financing
-€49,142
Cash 2024
€21,023
From operations (derived)
+€65,604
Net result for the year
-€73,329
Depreciation
+€42,948
Stocks and contracts
+€5,992
Receivables within one year
-€129,700
Deferred charges and accrued income
+€3,746
Trade debts
+€174,162
Tax, wage and social debts
+€39,921
Other debts
+€7,721
Accrued charges and deferred income
-€5,855
Investment (derived)
-€2,950
Investment in fixed assets (net)
-€2,950
Financing
-€49,142
Debts after one year
-€34,970
Current portion of long-term debt
-€7,922
Short-term financial debts
-€6,250
Cash 2025
€34,535
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,240,170 | €2,333,648 | +€93,478 | +4.2% |
| Fixed assets | 21/28 | €375,758 | €335,760 | -€39,998 | -10.6% |
| Tangible fixed assets | 22/27 | €375,491 | €335,493 | -€39,998 | -10.7% |
| Land and buildings | 22 | €328,984 | €303,733 | -€25,251 | -7.7% |
| Plant, machinery and equipment | 23 | €46,507 | €31,760 | -€14,746 | -31.7% |
| Financial fixed assets | 28 | €267 | €267 | = | 0.0% |
| Current assets | 29/58 | €1,864,412 | €1,997,887 | +€133,476 | +7.2% |
| Stocks and contracts in progress | 3 | €380,415 | €374,423 | -€5,992 | -1.6% |
| Stocks | 30/36 | €380,415 | €374,423 | -€5,992 | -1.6% |
| Amounts receivable within one year | 40/41 | €1,438,327 | €1,568,027 | +€129,700 | +9.0% |
| Trade receivables | 40 | €336,113 | €390,769 | +€54,656 | +16.3% |
| Other amounts receivable | 41 | €1,102,214 | €1,177,258 | +€75,044 | +6.8% |
| Cash at bank and in hand | 54/58 | €21,023 | €34,535 | +€13,512 | +64.3% |
| Deferred charges and accrued income | 490/1 | €24,647 | €20,902 | -€3,746 | -15.2% |
| Total equity and liabilities | 10/49 | €2,240,170 | €2,333,648 | +€93,478 | +4.2% |
| Equity | 10/15 | €428,113 | €354,783 | -€73,329 | -17.1% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €100,965 | €100,965 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €94,768 | €94,768 | = | 0.0% |
| Profit (loss) carried forward | 14 | €265,174 | €191,845 | -€73,329 | -27.7% |
| Amounts payable | 17/49 | €1,812,057 | €1,978,864 | +€166,807 | +9.2% |
| Amounts payable after more than one year | 17 | €333,587 | €298,616 | -€34,970 | -10.5% |
| Financial debts | 170/4 | €333,587 | €298,616 | -€34,970 | -10.5% |
| Amounts payable within one year | 42/48 | €1,470,606 | €1,678,238 | +€207,633 | +14.1% |
| Current portion of amounts payable after more than one year | 42 | €42,892 | €34,970 | -€7,922 | -18.5% |
| Financial debts | 43 | €437,401 | €431,151 | -€6,250 | -1.4% |
| Credit institutions | 430/8 | €437,401 | €431,151 | -€6,250 | -1.4% |
| Trade debts | 44 | €729,614 | €903,775 | +€174,162 | +23.9% |
| Suppliers | 440/4 | €729,614 | €903,775 | +€174,162 | +23.9% |
| Taxes, remuneration and social security | 45 | €67,796 | €107,717 | +€39,921 | +58.9% |
| Taxes | 450/3 | €1,201 | €9,570 | +€8,368 | +697% |
| Remuneration and social security | 454/9 | €66,595 | €98,147 | +€31,553 | +47.4% |
| Other amounts payable | 47/48 | €192,904 | €200,625 | +€7,721 | +4.0% |
| Accrued charges and deferred income | 492/3 | €7,865 | €2,010 | -€5,855 | -74.4% |
| Non-recurring operating income | 76A | €19,000 | - | -€19,000 | |
| Remuneration, social security and pensions | 62 | €529,776 | €535,781 | +€6,005 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,426 | €42,948 | +€1,522 | +3.7% |
| Other operating charges | 640/8 | €3,696 | €3,381 | -€316 | -8.5% |
| Non-recurring operating charges | 66A | - | €20 | +€20 | |
| Gross operating margin | 9900 | €563,138 | €576,455 | +€13,317 | +2.4% |
| Operating profit (loss) | 9901 | -€11,760 | -€5,674 | +€6,086 | +51.7% |
| Financial income | 75/76B | €415 | - | -€415 | |
| Recurring financial income | 75 | €209 | - | -€209 | |
| Non-recurring financial income | 76B | €207 | - | -€207 | |
| Financial charges | 65/66B | €80,039 | €67,246 | -€12,793 | -16.0% |
| Recurring financial charges | 65 | €80,039 | €67,246 | -€12,793 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | -€91,384 | -€72,921 | +€18,463 | +20.2% |
| Income taxes | 67/77 | €390 | €409 | +€19 | +4.8% |
| Profit (loss) for the period | 9904 | -€91,774 | -€73,329 | +€18,444 | +20.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€91,774 | -€73,329 | +€18,444 | +20.1% |
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.