HP SCHILDERWERKEN: what changed
HP SCHILDERWERKEN
Largest movements
- Receivables within one year -€4,795
down €4,795 (-85.8%), from €5,587 to €792
of which Trade receivables: -€4,193
- Stocks and contracts -€2,551
down €2,551 (-46.8%), from €5,452 to €2,902
- Cash +€2,406
up €2,406 (+278%), from €865 to €3,271
mainly Receivables within one year (+€4,795) and Depreciation (+€4,792)
- Financial fixed assets +€1,300
new in 2025: €1,300
- Tangible fixed assets -€539
down €539 (-8.4%), from €6,444 to €5,905
of which Furniture and vehicles: -€4,349
- Other debts -€7,066
down €7,066 (-14.2%), from €49,614 to €42,547
- Trade debts +€3,142
up €3,142 (+178%), from €1,766 to €4,908
- Accrued charges and deferred income -€500
no longer reported in 2025 (was €500)
- Profit (loss) carried forward +€418
up €418 (+0.7%), from -€60,348 to -€59,930
- Gross operating margin -€14,560
down €14,560 (-61.9%), from €23,518 to €8,957
- Depreciation -€1,472
down €1,472 (-23.5%), from €6,264 to €4,792
- Other operating charges -€452
down €452 (-47.1%), from €960 to €508
- Write-downs +€398
new in 2025: €398
- Financial charges +€348
up €348 (+17.1%), from €2,036 to €2,384
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 | €19,052 | €14,914 | -€4,137 | -21.7% |
| Fixed assets | 21/28 | €6,444 | €7,205 | +€761 | +11.8% |
| Tangible fixed assets | 22/27 | €6,444 | €5,905 | -€539 | -8.4% |
| Land and buildings | 22 | - | €3,035 | +€3,035 | |
| Plant, machinery and equipment | 23 | €726 | €1,500 | +€775 | +107% |
| Furniture and vehicles | 24 | €5,718 | €1,369 | -€4,349 | -76.1% |
| Financial fixed assets | 28 | - | €1,300 | +€1,300 | |
| Current assets | 29/58 | €12,608 | €7,710 | -€4,898 | -38.8% |
| Stocks and contracts in progress | 3 | €5,452 | €2,902 | -€2,551 | -46.8% |
| Stocks | 30/36 | €5,452 | €2,902 | -€2,551 | -46.8% |
| Amounts receivable within one year | 40/41 | €5,587 | €792 | -€4,795 | -85.8% |
| Trade receivables | 40 | €4,193 | €0 | -€4,193 | -100% |
| Other amounts receivable | 41 | €1,395 | €792 | -€603 | -43.2% |
| Cash at bank and in hand | 54/58 | €865 | €3,271 | +€2,406 | +278% |
| Deferred charges and accrued income | 490/1 | €703 | €745 | +€42 | +5.9% |
| Total equity and liabilities | 10/49 | €19,052 | €14,914 | -€4,137 | -21.7% |
| Equity | 10/15 | -€35,348 | -€34,930 | +€418 | +1.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€60,348 | -€59,930 | +€418 | +0.7% |
| Amounts payable | 17/49 | €54,400 | €49,844 | -€4,556 | -8.4% |
| Amounts payable within one year | 42/48 | €53,900 | €49,844 | -€4,056 | -7.5% |
| Trade debts | 44 | €1,766 | €4,908 | +€3,142 | +178% |
| Suppliers | 440/4 | €1,766 | €4,908 | +€3,142 | +178% |
| Taxes, remuneration and social security | 45 | €2,520 | €2,389 | -€131 | -5.2% |
| Taxes | 450/3 | €558 | €549 | -€9 | -1.7% |
| Remuneration and social security | 454/9 | €1,962 | €1,840 | -€122 | -6.2% |
| Other amounts payable | 47/48 | €49,614 | €42,547 | -€7,066 | -14.2% |
| Accrued charges and deferred income | 492/3 | €500 | - | -€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,264 | €4,792 | -€1,472 | -23.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €398 | +€398 | |
| Other operating charges | 640/8 | €960 | €508 | -€452 | -47.1% |
| Non-recurring operating charges | 66A | - | €458 | +€458 | |
| Gross operating margin | 9900 | €23,518 | €8,957 | -€14,560 | -61.9% |
| Operating profit (loss) | 9901 | €16,294 | €2,802 | -€13,492 | -82.8% |
| Financial income | 75/76B | €9 | - | -€9 | |
| Recurring financial income | 75 | €9 | - | -€9 | |
| Financial charges | 65/66B | €2,036 | €2,384 | +€348 | +17.1% |
| Recurring financial charges | 65 | €2,036 | €2,384 | +€348 | +17.1% |
| Profit (loss) for the period before taxes | 9903 | €14,267 | €418 | -€13,848 | -97.1% |
| Profit (loss) for the period | 9904 | €14,267 | €418 | -€13,848 | -97.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,267 | €418 | -€13,848 | -97.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.