REDERIJ SCHILTZ: what changed
What changed
REDERIJ SCHILTZ
NACE 03.110, Fishing and aquaculture
filed annual accounts (NBB)
Net result for the year
-€27,428
2024 · -€230,269+€202,840
Equity
€489,881
2024 · €518,842-€28,961
Cash
€19,406
2024 · €85,212-€65,807
Balance sheet total
€1.8m
2024 · €1.9m-€140,599
Largest movements
Assets
- Tangible fixed assets -€183,207
down €183,207 (-10.4%), from €1.8m to €1.6m
of which Furniture and vehicles: -€157,500
- Cash -€65,807
down €65,807 (-77.2%), from €85,212 to €19,406
mainly Debts after one year (-€137,500) and Receivables within one year (-€63,257)
- Receivables within one year +€63,257
up €63,257 (+156%), from €40,613 to €103,870
of which Other amounts receivable: +€40,715
- Deferred charges and accrued income +€45,158
up €45,158 (+134%), from €33,679 to €78,837
Equity and liabilities
- Debts after one year -€137,500
down €137,500 (-18.2%), from €756,250 to €618,750
- Trade debts +€21,135
up €21,135 (+7.9%), from €267,168 to €288,304
Income statement
- Gross operating margin +€244,530
up €244,530 (+44.6%), from €547,959 to €792,490
- Staff costs +€48,432
up €48,432 (+8.6%), from €561,530 to €609,962
- Other operating charges -€8,277
down €8,277 (-63.4%), from €13,050 to €4,772
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.
Result 2024
-€230,269
Gross operating margin
+€244,530
Staff costs
-€48,432
Depreciation
-€5,541
Other operating charges
+€8,277
Financial income
+€1,446
Financial charges
+€2,340
Taxes
+€62
Deferred taxes and other
+€156
Result 2025
-€27,428
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€91,274
Investment
-€18,048
Financing
-€139,032
Cash 2024
€85,212
From operations (derived)
+€91,274
Net result for the year
-€27,428
Depreciation
+€201,255
Receivables within one year
-€63,257
Deferred charges and accrued income
-€45,158
Provisions
-€3,942
Trade debts
+€21,135
Tax, wage and social debts
-€1,197
Other debts
+€10,000
Accrued charges and deferred income
-€134
Investment (derived)
-€18,048
Investment in fixed assets (net)
-€18,048
Financing
-€139,032
Debts after one year
-€137,500
Contributions, distributions and other
-€1,532
Cash 2025
€19,406
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,922,459 | €1,781,860 | -€140,599 | -7.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,762,954 | €1,579,747 | -€183,207 | -10.4% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €1,754,691 | €1,571,485 | -€183,207 | -10.4% |
| Land and buildings | 22 | €67,640 | €63,131 | -€4,509 | -6.7% |
| Plant, machinery and equipment | 23 | €141,394 | €120,197 | -€21,197 | -15.0% |
| Furniture and vehicles | 24 | €1,545,658 | €1,388,158 | -€157,500 | -10.2% |
| Financial fixed assets | 28 | €8,263 | €8,263 | = | 0.0% |
| Current assets | 29/58 | €159,505 | €202,113 | +€42,608 | +26.7% |
| Amounts receivable within one year | 40/41 | €40,613 | €103,870 | +€63,257 | +156% |
| Trade receivables | 40 | - | €22,542 | +€22,542 | |
| Other amounts receivable | 41 | €40,613 | €81,328 | +€40,715 | +100% |
| Cash at bank and in hand | 54/58 | €85,212 | €19,406 | -€65,807 | -77.2% |
| Deferred charges and accrued income | 490/1 | €33,679 | €78,837 | +€45,158 | +134% |
| Total equity and liabilities | 10/49 | €1,922,459 | €1,781,860 | -€140,599 | -7.3% |
| Equity | 10/15 | €518,842 | €489,881 | -€28,961 | -5.6% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Revaluation surpluses | 12 | €535,500 | €535,500 | = | 0.0% |
| Reserves | 13 | €282,523 | €271,686 | -€10,837 | -3.8% |
| Tax-exempt reserves | 132 | €69,507 | €58,670 | -€10,837 | -15.6% |
| Distributable reserves | 133 | €213,016 | €213,016 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€469,108 | -€485,699 | -€16,591 | -3.5% |
| Investment grants | 15 | €19,927 | €18,394 | -€1,532 | -7.7% |
| Provisions and deferred taxes | 16 | €27,249 | €23,307 | -€3,942 | -14.5% |
| Deferred taxes | 168 | €27,249 | €23,307 | -€3,942 | -14.5% |
| Amounts payable | 17/49 | €1,376,368 | €1,268,672 | -€107,695 | -7.8% |
| Amounts payable after more than one year | 17 | €756,250 | €618,750 | -€137,500 | -18.2% |
| Financial debts | 170/4 | €756,250 | €618,750 | -€137,500 | -18.2% |
| Amounts payable within one year | 42/48 | €619,224 | €649,162 | +€29,939 | +4.8% |
| Current portion of amounts payable after more than one year | 42 | €137,500 | €137,500 | = | 0.0% |
| Financial debts | 43 | €75,000 | €75,000 | = | 0.0% |
| Credit institutions | 430/8 | €75,000 | €75,000 | = | 0.0% |
| Trade debts | 44 | €267,168 | €288,304 | +€21,135 | +7.9% |
| Suppliers | 440/4 | €267,168 | €288,304 | +€21,135 | +7.9% |
| Taxes, remuneration and social security | 45 | €139,555 | €138,359 | -€1,197 | -0.9% |
| Taxes | 450/3 | €106,746 | €105,926 | -€820 | -0.8% |
| Remuneration and social security | 454/9 | €32,810 | €32,433 | -€377 | -1.1% |
| Other amounts payable | 47/48 | - | €10,000 | +€10,000 | |
| Accrued charges and deferred income | 492/3 | €894 | €760 | -€134 | -15.0% |
| Non-recurring operating income | 76A | €3,521 | - | -€3,521 | |
| Remuneration, social security and pensions | 62 | €561,530 | €609,962 | +€48,432 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €195,714 | €201,255 | +€5,541 | +2.8% |
| Other operating charges | 640/8 | €13,050 | €4,772 | -€8,277 | -63.4% |
| Gross operating margin | 9900 | €547,959 | €792,490 | +€244,530 | +44.6% |
| Operating profit (loss) | 9901 | -€222,335 | -€23,499 | +€198,836 | +89.4% |
| Financial income | 75/76B | €9,110 | €10,556 | +€1,446 | +15.9% |
| Recurring financial income | 75 | €9,110 | €10,556 | +€1,446 | +15.9% |
| Financial charges | 65/66B | €20,628 | €18,288 | -€2,340 | -11.3% |
| Recurring financial charges | 65 | €20,628 | €18,288 | -€2,340 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | -€233,852 | -€31,230 | +€202,622 | +86.6% |
| Transfer from deferred taxes | 780 | €4,020 | €4,177 | +€156 | +3.9% |
| Income taxes | 67/77 | €437 | €375 | -€62 | -14.3% |
| Profit (loss) for the period | 9904 | -€230,269 | -€27,428 | +€202,840 | +88.1% |
| Transfer from tax-exempt reserves | 789 | €10,837 | €10,837 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€219,431 | -€16,591 | +€202,840 | +92.4% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.