SCHAPMANS SERVICE: 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.
SCHAPMANS SERVICE
Largest movements
- Tangible fixed assets +€849,263
up €849,263 (+22.0%), from €3.9m to €4.7m
of which Land and buildings: +€841,068
- Cash +€314,634
up €314,634 (+391%), from €80,525 to €395,159
mainly Depreciation (+€777,521) and Debts after one year (+€677,724)
- Receivables within one year -€208,234
down €208,234 (-34.9%), from €596,933 to €388,699
of which Trade receivables: -€217,384
- Debts after one year +€677,724
up €677,724 (+25.5%), from €2.7m to €3.3m
- Reserves +€166,969
up €166,969 (+15.1%), from €1.1m to €1.3m
- Current portion of long-term debt +€69,974
up €69,974 (+12.1%), from €579,033 to €649,007
- Gross operating margin +€258,433
up €258,433 (+21.6%), from €1.2m to €1.5m
- Staff costs +€60,350
up €60,350 (+29.2%), from €206,493 to €266,843
- Financial charges +€42,830
up €42,830 (+60.7%), from €70,580 to €113,410
- Taxes +€36,347
up €36,347 (+104%), from €34,801 to €71,148
- Provisions +€32,256
new in 2025: €32,256
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 | €4,537,146 | €5,516,416 | +€979,270 | +21.6% |
| Fixed assets | 21/28 | €3,856,716 | €4,705,980 | +€849,263 | +22.0% |
| Tangible fixed assets | 22/27 | €3,856,716 | €4,705,980 | +€849,263 | +22.0% |
| Land and buildings | 22 | €2,262,350 | €3,103,418 | +€841,068 | +37.2% |
| Plant, machinery and equipment | 23 | €26,712 | €66,562 | +€39,850 | +149% |
| Furniture and vehicles | 24 | €326,503 | €329,939 | +€3,436 | +1.1% |
| Leasing and similar rights | 25 | €1,241,151 | €1,206,061 | -€35,090 | -2.8% |
| Current assets | 29/58 | €680,430 | €810,437 | +€130,007 | +19.1% |
| Amounts receivable within one year | 40/41 | €596,933 | €388,699 | -€208,234 | -34.9% |
| Trade receivables | 40 | €517,886 | €300,502 | -€217,384 | -42.0% |
| Other amounts receivable | 41 | €79,047 | €88,196 | +€9,150 | +11.6% |
| Cash at bank and in hand | 54/58 | €80,525 | €395,159 | +€314,634 | +391% |
| Deferred charges and accrued income | 490/1 | €2,972 | €26,579 | +€23,607 | +794% |
| Total equity and liabilities | 10/49 | €4,537,146 | €5,516,416 | +€979,270 | +21.6% |
| Equity | 10/15 | €1,105,050 | €1,272,019 | +€166,969 | +15.1% |
| Reserves | 13 | €1,105,050 | €1,272,019 | +€166,969 | +15.1% |
| Distributable reserves | 133 | €1,105,050 | €1,272,019 | +€166,969 | +15.1% |
| Provisions and deferred taxes | 16 | - | €32,256 | +€32,256 | |
| Provisions for liabilities and charges | 160/5 | - | €32,256 | +€32,256 | |
| Other liabilities and charges | 164/5 | - | €32,256 | +€32,256 | |
| Amounts payable | 17/49 | €3,432,096 | €4,212,141 | +€780,045 | +22.7% |
| Amounts payable after more than one year | 17 | €2,658,344 | €3,336,068 | +€677,724 | +25.5% |
| Financial debts | 170/4 | €2,658,344 | €3,336,068 | +€677,724 | +25.5% |
| Amounts payable within one year | 42/48 | €768,561 | €868,166 | +€99,605 | +13.0% |
| Current portion of amounts payable after more than one year | 42 | €579,033 | €649,007 | +€69,974 | +12.1% |
| Trade debts | 44 | €100,847 | €138,378 | +€37,531 | +37.2% |
| Suppliers | 440/4 | €100,847 | €138,378 | +€37,531 | +37.2% |
| Taxes, remuneration and social security | 45 | €46,003 | €33,506 | -€12,497 | -27.2% |
| Taxes | 450/3 | €20,786 | €1,920 | -€18,866 | -90.8% |
| Remuneration and social security | 454/9 | €25,217 | €31,586 | +€6,369 | +25.3% |
| Other amounts payable | 47/48 | €42,678 | €47,275 | +€4,597 | +10.8% |
| Accrued charges and deferred income | 492/3 | €5,191 | €7,908 | +€2,717 | +52.3% |
| Remuneration, social security and pensions | 62 | €206,493 | €266,843 | +€60,350 | +29.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €751,767 | €777,521 | +€25,753 | +3.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €32,256 | +€32,256 | |
| Other operating charges | 640/8 | €15,666 | €27,457 | +€11,791 | +75.3% |
| Gross operating margin | 9900 | €1,197,170 | €1,455,604 | +€258,433 | +21.6% |
| Operating profit (loss) | 9901 | €223,244 | €351,527 | +€128,283 | +57.5% |
| Financial income | 75/76B | €1 | €0 | -€1 | -91.2% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -91.2% |
| Financial charges | 65/66B | €70,580 | €113,410 | +€42,830 | +60.7% |
| Recurring financial charges | 65 | €70,580 | €113,410 | +€42,830 | +60.7% |
| Profit (loss) for the period before taxes | 9903 | €152,665 | €238,117 | +€85,452 | +56.0% |
| Income taxes | 67/77 | €34,801 | €71,148 | +€36,347 | +104% |
| Profit (loss) for the period | 9904 | €117,864 | €166,969 | +€49,105 | +41.7% |
| Profit (loss) for the period to be appropriated | 9905 | €117,864 | €166,969 | +€49,105 | +41.7% |
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 26 October 2026 via checked.be.