Scheepers – Forier: 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.
Scheepers – Forier
Largest movements
- Tangible fixed assets +€36,928
up €36,928 (+69.3%), from €53,264 to €90,191
of which Other tangible fixed assets: +€25,763
- Receivables after one year -€30,000
no longer reported in 2025 (was €30,000)
- Receivables within one year +€22,400
up €22,400 (+209.3%), from €10,703 to €33,103
of which Other amounts receivable: +€21,673
- Intangible fixed assets -€1,350
down €1,350 (-21.0%), from €6,430 to €5,080
- Reserves +€19,533
up €19,533 (+55.1%), from €35,437 to €54,970
- Advances received -€4,552
no longer reported in 2025 (was €4,552)
- Tax, wage and social debts +€4,090
up €4,090 (+60.7%), from €6,741 to €10,830
- Trade debts +€3,899
up €3,899 (+29.9%), from €13,058 to €16,957
- Debts after one year +€3,753
up €3,753 (+14.1%), from €26,585 to €30,338
- Gross operating margin +€26,675
up €26,675 (+184.5%), from €14,458 to €41,133
- Financial income -€7,785
down €7,785 (-97.1%), from €8,015 to €230
of which Non-recurring financial income: -€6,000
- Taxes +€4,184
up €4,184 (+155.4%), from €2,693 to €6,877
- Depreciation +€730
up €730 (+8.5%), from €8,584 to €9,314
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €101,495 | €129,180 | +€27,685 | +27.3% |
| Fixed assets | 21/28 | €59,694 | €95,271 | +€35,578 | +59.6% |
| Intangible fixed assets | 21 | €6,430 | €5,080 | -€1,350 | -21.0% |
| Tangible fixed assets | 22/27 | €53,264 | €90,191 | +€36,928 | +69.3% |
| Plant, machinery and equipment | 23 | €3,159 | €13,915 | +€10,756 | +340.5% |
| Furniture and vehicles | 24 | €27,837 | €28,246 | +€409 | +1.5% |
| Other tangible fixed assets | 26 | €22,268 | €48,030 | +€25,763 | +115.7% |
| Current assets | 29/58 | €41,802 | €33,909 | -€7,893 | -18.9% |
| Amounts receivable after more than one year | 29 | €30,000 | - | -€30,000 | |
| Other amounts receivable | 291 | €30,000 | - | -€30,000 | |
| Amounts receivable within one year | 40/41 | €10,703 | €33,103 | +€22,400 | +209.3% |
| Trade receivables | 40 | €6,795 | €7,521 | +€727 | +10.7% |
| Other amounts receivable | 41 | €3,908 | €25,581 | +€21,673 | +554.6% |
| Deferred charges and accrued income | 490/1 | €1,099 | €807 | -€292 | -26.6% |
| Total equity and liabilities | 10/49 | €101,495 | €129,180 | +€27,685 | +27.3% |
| Equity | 10/15 | €38,437 | €57,970 | +€19,533 | +50.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €35,437 | €54,970 | +€19,533 | +55.1% |
| Distributable reserves | 133 | €35,437 | €54,970 | +€19,533 | +55.1% |
| Amounts payable | 17/49 | €63,058 | €71,211 | +€8,152 | +12.9% |
| Amounts payable after more than one year | 17 | €26,585 | €30,338 | +€3,753 | +14.1% |
| Financial debts | 170/4 | €26,585 | €30,338 | +€3,753 | +14.1% |
| Amounts payable within one year | 42/48 | €36,473 | €40,873 | +€4,400 | +12.1% |
| Current portion of amounts payable after more than one year | 42 | €5,464 | €7,955 | +€2,491 | +45.6% |
| Financial debts | 43 | €4,993 | €5,130 | +€138 | +2.8% |
| Credit institutions | 430/8 | €4,993 | €5,130 | +€138 | +2.8% |
| Trade debts | 44 | €13,058 | €16,957 | +€3,899 | +29.9% |
| Suppliers | 440/4 | €13,058 | €16,957 | +€3,899 | +29.9% |
| Advances received on contracts in progress | 46 | €4,552 | - | -€4,552 | |
| Taxes, remuneration and social security | 45 | €6,741 | €10,830 | +€4,090 | +60.7% |
| Taxes | 450/3 | €6,741 | €10,830 | +€4,090 | +60.7% |
| Other amounts payable | 47/48 | €1,666 | - | -€1,666 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,584 | €9,314 | +€730 | +8.5% |
| Other operating charges | 640/8 | €1,244 | €1,247 | +€3 | +0.2% |
| Gross operating margin | 9900 | €14,458 | €41,133 | +€26,675 | +184.5% |
| Operating profit (loss) | 9901 | €4,629 | €30,572 | +€25,942 | +560.4% |
| Financial income | 75/76B | €8,015 | €230 | -€7,785 | -97.1% |
| Recurring financial income | 75 | €2,015 | €230 | -€1,785 | -88.6% |
| Non-recurring financial income | 76B | €6,000 | - | -€6,000 | |
| Financial charges | 65/66B | €4,696 | €4,392 | -€304 | -6.5% |
| Recurring financial charges | 65 | €4,696 | €4,392 | -€304 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | €7,948 | €26,410 | +€18,462 | +232.3% |
| Income taxes | 67/77 | €2,693 | €6,877 | +€4,184 | +155.4% |
| Profit (loss) for the period | 9904 | €5,255 | €19,533 | +€14,278 | +271.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,255 | €19,533 | +€14,278 | +271.7% |
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 10 October 2026 via checked.be.