NEW CHRIS SCHEIRS: 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.
NEW CHRIS SCHEIRS
Largest movements
- Receivables within one year -€21,410
down €21,410 (-69.4%), from €30,847 to €9,437
of which Trade receivables: -€21,485
- Cash -€5,362
down €5,362 (-10.5%), from €50,920 to €45,557
mainly Trade debts (-€39,631) and Other debts (-€6,402)
- Deferred charges and accrued income +€1,430
new in 2025: €1,430
- Trade debts -€39,631
down €39,631 (-45.3%), from €87,406 to €47,775
- Profit (loss) carried forward +€15,028
up €15,028 (+24.5%), from -€61,342 to -€46,314
- Advances received +€7,660
up €7,660 (+417%), from €1,836 to €9,496
- Other debts -€6,402
down €6,402 (-31.7%), from €20,223 to €13,820
- Tax, wage and social debts -€2,320
down €2,320 (-10.1%), from €23,075 to €20,756
of which Remuneration and social security: -€2,131
- Staff costs -€19,218
down €19,218 (-37.4%), from €51,435 to €32,217
- Gross operating margin -€12,885
down €12,885 (-20.0%), from €64,312 to €51,427
- Write-downs +€4,683
up €4,683, from -€4,683 to €0
- Depreciation -€3,830
down €3,830 (-92.2%), from €4,154 to €324
- Financial income +€2,602
up €2,602 (+634%), from €410 to €3,013
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 | €91,659 | €65,993 | -€25,666 | -28.0% |
| Fixed assets | 21/28 | €8,392 | €8,068 | -€324 | -3.9% |
| Tangible fixed assets | 22/27 | €822 | €498 | -€324 | -39.4% |
| Plant, machinery and equipment | 23 | €274 | €157 | -€117 | -42.8% |
| Furniture and vehicles | 24 | €548 | €341 | -€207 | -37.8% |
| Financial fixed assets | 28 | €7,570 | €7,570 | = | 0.0% |
| Current assets | 29/58 | €83,267 | €57,925 | -€25,342 | -30.4% |
| Stocks and contracts in progress | 3 | €1,500 | €1,500 | = | 0.0% |
| Stocks | 30/36 | €1,500 | €1,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €30,847 | €9,437 | -€21,410 | -69.4% |
| Trade receivables | 40 | €30,847 | €9,362 | -€21,485 | -69.6% |
| Other amounts receivable | 41 | - | €75 | +€75 | |
| Cash at bank and in hand | 54/58 | €50,920 | €45,557 | -€5,362 | -10.5% |
| Deferred charges and accrued income | 490/1 | - | €1,430 | +€1,430 | |
| Total equity and liabilities | 10/49 | €91,659 | €65,993 | -€25,666 | -28.0% |
| Equity | 10/15 | -€40,882 | -€25,854 | +€15,028 | +36.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,342 | -€46,314 | +€15,028 | +24.5% |
| Amounts payable | 17/49 | €132,541 | €91,847 | -€40,694 | -30.7% |
| Amounts payable within one year | 42/48 | €132,541 | €91,847 | -€40,694 | -30.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €87,406 | €47,775 | -€39,631 | -45.3% |
| Suppliers | 440/4 | €87,406 | €47,775 | -€39,631 | -45.3% |
| Advances received on contracts in progress | 46 | €1,836 | €9,496 | +€7,660 | +417% |
| Taxes, remuneration and social security | 45 | €23,075 | €20,756 | -€2,320 | -10.1% |
| Taxes | 450/3 | €4,094 | €3,906 | -€189 | -4.6% |
| Remuneration and social security | 454/9 | €18,981 | €16,850 | -€2,131 | -11.2% |
| Other amounts payable | 47/48 | €20,223 | €13,820 | -€6,402 | -31.7% |
| Remuneration, social security and pensions | 62 | €51,435 | €32,217 | -€19,218 | -37.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,154 | €324 | -€3,830 | -92.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€4,683 | €0 | +€4,683 | |
| Other operating charges | 640/8 | €1,424 | €2,287 | +€864 | +60.7% |
| Gross operating margin | 9900 | €64,312 | €51,427 | -€12,885 | -20.0% |
| Operating profit (loss) | 9901 | €11,983 | €16,598 | +€4,615 | +38.5% |
| Financial income | 75/76B | €410 | €3,013 | +€2,602 | +634% |
| Recurring financial income | 75 | €410 | €3,013 | +€2,602 | +634% |
| Financial charges | 65/66B | €6,411 | €4,177 | -€2,234 | -34.9% |
| Recurring financial charges | 65 | €6,411 | €4,177 | -€2,234 | -34.9% |
| Profit (loss) for the period before taxes | 9903 | €5,982 | €15,434 | +€9,452 | +158% |
| Income taxes | 67/77 | €396 | €406 | +€10 | +2.6% |
| Profit (loss) for the period | 9904 | €5,586 | €15,028 | +€9,442 | +169% |
| Profit (loss) for the period to be appropriated | 9905 | €5,586 | €15,028 | +€9,442 | +169% |
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 24 October 2026 via checked.be.