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SCHEEN IMMO: 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.

What changed

SCHEEN IMMO

BE 0833.442.212
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2023not consecutivefiled annual accounts (NBB)
Net result for the year
€132,685
2023 · €40,175+€92,510
Equity
€488,991
2023 · €573,277-€84,286
Cash
€330,094
2023 · €8,951+€321,143
Balance sheet total
€1.9m
2023 · €1.8m+€15,858

Largest movements

2023 to 2025
Assets
  • Financial fixed assets -€456,200

    down €456,200 (-99.6%), from €457,850 to €1,650

  • Receivables within one year +€335,241

    up €335,241 (+67.4%), from €497,192 to €832,433

    of which Other amounts receivable: +€408,279

  • Cash +€321,143

    up €321,143 (+3,588%), from €8,951 to €330,094

  • Current investments -€250,515

    down €250,515 (-99.9%), from €250,711 to €196

  • Stocks and contracts +€120,095

    up €120,095 (+24.7%), from €485,720 to €605,814

Equity and liabilities
  • Debts after one year +€147,000

    up €147,000 (+90.2%), from €163,000 to €310,000

  • Other debts -€130,976

    down €130,976 (-18.0%), from €726,900 to €595,924

  • Short-term financial debts +€92,182

    new in 2025: €92,182

  • Reserves -€84,286

    down €84,286 (-15.2%), from €553,277 to €468,991

    of which Distributable reserves: -€84,286

  • Accrued charges and deferred income +€38,766

    up €38,766 (+213%), from €18,192 to €56,959

Income statement
  • Gross operating margin +€131,218

    up €131,218 (+64.3%), from €204,026 to €335,244

  • Financial charges +€58,725

    up €58,725 (+159%), from €36,975 to €95,701

  • Staff costs -€26,161

    down €26,161 (-29.4%), from €88,983 to €62,822

  • Financial income +€10,060

    up €10,060 (+1,865%), from €540 to €10,600

  • Depreciation +€8,015

    up €8,015 (+28.7%), from €27,911 to €35,926

From the 2023 result to the 2025 result

effect on the 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.

Result 2023 €40,175
Gross operating margin +€131,218
Staff costs +€26,161
Depreciation -€8,015
Other operating charges -€2,074
Financial income +€10,060
Financial charges -€58,725
Taxes -€6,115
Result 2025 €132,685
raises the resultlowers the result

Derived cash bridge

cash 2023 to 2025

A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.

Every line side by side 50 lines
Line Code 2023 2025 Change %
Total assets 20/58 €1,845,881 €1,861,739 +€15,858 +0.9%
Fixed assets 21/28 €598,507 €92,106 -€506,401 -84.6%
Tangible fixed assets 22/27 €140,657 €90,456 -€50,201 -35.7%
Plant, machinery and equipment 23 €23,065 €18,443 -€4,622 -20.0%
Furniture and vehicles 24 €117,592 €72,013 -€45,579 -38.8%
Financial fixed assets 28 €457,850 €1,650 -€456,200 -99.6%
Current assets 29/58 €1,247,373 €1,769,632 +€522,259 +41.9%
Stocks and contracts in progress 3 €485,720 €605,814 +€120,095 +24.7%
Stocks 30/36 €485,720 €605,814 +€120,095 +24.7%
Amounts receivable within one year 40/41 €497,192 €832,433 +€335,241 +67.4%
Trade receivables 40 €87,222 €14,184 -€73,038 -83.7%
Other amounts receivable 41 €409,970 €818,249 +€408,279 +99.6%
Current investments 50/53 €250,711 €196 -€250,515 -99.9%
Cash at bank and in hand 54/58 €8,951 €330,094 +€321,143 +3,588%
Deferred charges and accrued income 490/1 €4,799 €1,094 -€3,705 -77.2%
Total equity and liabilities 10/49 €1,845,881 €1,861,739 +€15,858 +0.9%
Equity 10/15 €573,277 €488,991 -€84,286 -14.7%
Contributions 10/11 €20,000 €20,000 = 0.0%
Reserves 13 €553,277 €468,991 -€84,286 -15.2%
Non-distributable reserves 130/1 €2,000 €2,000 = 0.0%
Reserves not available under the articles 1311 €2,000 €2,000 = 0.0%
Distributable reserves 133 €551,277 €466,991 -€84,286 -15.3%
Amounts payable 17/49 €1,272,604 €1,372,747 +€100,143 +7.9%
Amounts payable after more than one year 17 €163,000 €310,000 +€147,000 +90.2%
Other amounts payable 178/9 €163,000 €310,000 +€147,000 +90.2%
Amounts payable within one year 42/48 €1,091,412 €1,005,789 -€85,623 -7.8%
Financial debts 43 - €92,182 +€92,182
Credit institutions 430/8 - €92,182 +€92,182
Trade debts 44 €318,163 €281,163 -€37,000 -11.6%
Suppliers 440/4 €318,163 €281,163 -€37,000 -11.6%
Advances received on contracts in progress 46 €40,000 €10,000 -€30,000 -75.0%
Taxes, remuneration and social security 45 €6,349 €26,520 +€20,171 +318%
Taxes 450/3 €737 €24,435 +€23,698 +3,214%
Remuneration and social security 454/9 €5,611 €2,084 -€3,527 -62.9%
Other amounts payable 47/48 €726,900 €595,924 -€130,976 -18.0%
Accrued charges and deferred income 492/3 €18,192 €56,959 +€38,766 +213%
Non-recurring operating income 76A €2,479 €100,402 +€97,922 +3,950%
Remuneration, social security and pensions 62 €88,983 €62,822 -€26,161 -29.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €27,911 €35,926 +€8,015 +28.7%
Other operating charges 640/8 €4,070 €6,143 +€2,074 +50.9%
Gross operating margin 9900 €204,026 €335,244 +€131,218 +64.3%
Operating profit (loss) 9901 €83,062 €230,352 +€147,290 +177%
Financial income 75/76B €540 €10,600 +€10,060 +1,865%
Recurring financial income 75 €540 €10,600 +€10,060 +1,865%
Financial charges 65/66B €36,975 €95,701 +€58,725 +159%
Recurring financial charges 65 €36,975 €95,701 +€58,725 +159%
Profit (loss) for the period before taxes 9903 €46,626 €145,251 +€98,625 +212%
Income taxes 67/77 €6,451 €12,566 +€6,115 +94.8%
Profit (loss) for the period 9904 €40,175 €132,685 +€92,510 +230%
Profit (loss) for the period to be appropriated 9905 €40,175 €132,685 +€92,510 +230%

Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.