SCHEEMAEKER: what changed
Two fiscal 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.
SCHEEMAEKER
Largest movements
- Tangible fixed assets +€37,682
up €37,682 (+167.0%), from €22,570 to €60,252
of which Furniture and vehicles: +€35,642
- Receivables within one year +€9,179
up €9,179 (+26.7%), from €34,351 to €43,530
of which Other amounts receivable: +€10,904
- Other debts +€100,246
up €100,246 (+206.7%), from €48,489 to €148,735
- Reserves -€50,641
down €50,641 (-37.5%), from €134,889 to €84,248
- Gross operating margin +€25,206
up €25,206 (+50.2%), from €50,236 to €75,443
- Depreciation -€8,858
down €8,858 (-71.9%), from €12,316 to €3,458
- Other operating charges +€8,780
up €8,780 (+824.1%), from €1,065 to €9,845
- Taxes +€6,710
up €6,710 (+90.7%), from €7,398 to €14,108
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.
Cash bridge derived
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 | €213,031 | €260,717 | +€47,686 | +22.4% |
| Fixed assets | 21/28 | €22,570 | €60,252 | +€37,682 | +167.0% |
| Tangible fixed assets | 22/27 | €22,570 | €60,252 | +€37,682 | +167.0% |
| Plant, machinery and equipment | 23 | €3,890 | €5,930 | +€2,040 | +52.4% |
| Furniture and vehicles | 24 | €18,680 | €54,323 | +€35,642 | +190.8% |
| Current assets | 29/58 | €190,461 | €200,465 | +€10,004 | +5.3% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €34,351 | €43,530 | +€9,179 | +26.7% |
| Trade receivables | 40 | €33,708 | €31,984 | -€1,725 | -5.1% |
| Other amounts receivable | 41 | €642 | €11,546 | +€10,904 | +1698.4% |
| Cash at bank and in hand | 54/58 | €154,245 | €154,903 | +€658 | +0.4% |
| Deferred charges and accrued income | 490/1 | €1,865 | €2,032 | +€167 | +8.9% |
| Total equity and liabilities | 10/49 | €213,031 | €260,717 | +€47,686 | +22.4% |
| Equity | 10/15 | €153,489 | €102,848 | -€50,641 | -33.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €134,889 | €84,248 | -€50,641 | -37.5% |
| Distributable reserves | 133 | €134,889 | €84,248 | -€50,641 | -37.5% |
| Amounts payable | 17/49 | €59,542 | €157,869 | +€98,327 | +165.1% |
| Amounts payable within one year | 42/48 | €56,042 | €154,251 | +€98,208 | +175.2% |
| Trade debts | 44 | €5,087 | €5,516 | +€429 | +8.4% |
| Suppliers | 440/4 | €5,087 | €5,516 | +€429 | +8.4% |
| Taxes, remuneration and social security | 45 | €2,467 | - | -€2,467 | |
| Taxes | 450/3 | €2,467 | - | -€2,467 | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €48,489 | €148,735 | +€100,246 | +206.7% |
| Accrued charges and deferred income | 492/3 | €3,500 | €3,619 | +€119 | +3.4% |
| Non-recurring operating income | 76A | €13,402 | €28,524 | +€15,122 | +112.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,316 | €3,458 | -€8,858 | -71.9% |
| Other operating charges | 640/8 | €1,065 | €9,845 | +€8,780 | +824.1% |
| Gross operating margin | 9900 | €50,236 | €75,443 | +€25,206 | +50.2% |
| Operating profit (loss) | 9901 | €36,855 | €62,139 | +€25,285 | +68.6% |
| Financial income | 75/76B | €86 | - | -€86 | |
| Recurring financial income | 75 | €86 | - | -€86 | |
| Financial charges | 65/66B | €3,554 | €3,673 | +€119 | +3.3% |
| Recurring financial charges | 65 | €3,554 | €3,673 | +€119 | +3.3% |
| Profit (loss) for the period before taxes | 9903 | €33,387 | €58,467 | +€25,080 | +75.1% |
| Income taxes | 67/77 | €7,398 | €14,108 | +€6,710 | +90.7% |
| Profit (loss) for the period | 9904 | €25,989 | €44,359 | +€18,370 | +70.7% |
| Profit (loss) for the period to be appropriated | 9905 | €25,989 | €44,359 | +€18,370 | +70.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.