SCHEEPSDALE: 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.
SCHEEPSDALE
Largest movements
- Stocks and contracts -€23,563
down €23,563 (-32.3%), from €72,867 to €49,304
- Cash +€13,246
up €13,246 (+207.4%), from €6,387 to €19,633
mainly Other debts (+€37,563) and Stocks and contracts (+€23,563)
- Tangible fixed assets -€10,455
down €10,455 (-13.5%), from €77,359 to €66,904
of which Other tangible fixed assets: -€6,756
- Profit (loss) carried forward -€47,033
down €47,033 (-50.7%), from -€92,758 to -€139,791
- Other debts +€37,563
up €37,563 (+18.2%), from €205,911 to €243,474
- Trade debts -€16,450
down €16,450 (-51.9%), from €31,677 to €15,227
- Tax, wage and social debts +€5,498
up €5,498 (+1431.4%), from €384 to €5,882
- Gross operating margin +€6,378
up €6,378 (+15.2%), from -€41,978 to -€35,600
- Write-downs -€3,120
down €3,120, from €502 to -€2,618
- Depreciation +€2,514
up €2,514 (+31.7%), from €7,941 to €10,455
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 | €170,728 | €150,321 | -€20,407 | -12.0% |
| Fixed assets | 21/28 | €77,359 | €66,904 | -€10,455 | -13.5% |
| Tangible fixed assets | 22/27 | €77,359 | €66,904 | -€10,455 | -13.5% |
| Plant, machinery and equipment | 23 | €10,714 | €8,004 | -€2,710 | -25.3% |
| Furniture and vehicles | 24 | €3,664 | €2,675 | -€989 | -27.0% |
| Other tangible fixed assets | 26 | €62,982 | €56,225 | -€6,756 | -10.7% |
| Current assets | 29/58 | €93,369 | €83,417 | -€9,952 | -10.7% |
| Stocks and contracts in progress | 3 | €72,867 | €49,304 | -€23,563 | -32.3% |
| Stocks | 30/36 | €72,867 | €49,304 | -€23,563 | -32.3% |
| Amounts receivable within one year | 40/41 | €14,007 | €13,061 | -€946 | -6.8% |
| Trade receivables | 40 | €2,213 | €11,751 | +€9,538 | +431.0% |
| Other amounts receivable | 41 | €11,794 | €1,310 | -€10,484 | -88.9% |
| Cash at bank and in hand | 54/58 | €6,387 | €19,633 | +€13,246 | +207.4% |
| Deferred charges and accrued income | 490/1 | €109 | €1,419 | +€1,311 | +1207.7% |
| Total equity and liabilities | 10/49 | €170,728 | €150,321 | -€20,407 | -12.0% |
| Equity | 10/15 | -€67,758 | -€114,791 | -€47,033 | -69.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€92,758 | -€139,791 | -€47,033 | -50.7% |
| Amounts payable | 17/49 | €238,486 | €265,112 | +€26,626 | +11.2% |
| Amounts payable within one year | 42/48 | €237,973 | €264,583 | +€26,610 | +11.2% |
| Trade debts | 44 | €31,677 | €15,227 | -€16,450 | -51.9% |
| Suppliers | 440/4 | €31,677 | €15,227 | -€16,450 | -51.9% |
| Taxes, remuneration and social security | 45 | €384 | €5,882 | +€5,498 | +1431.4% |
| Taxes | 450/3 | €384 | €5,882 | +€5,498 | +1431.4% |
| Other amounts payable | 47/48 | €205,911 | €243,474 | +€37,563 | +18.2% |
| Accrued charges and deferred income | 492/3 | €513 | €529 | +€15 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,941 | €10,455 | +€2,514 | +31.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €502 | -€2,618 | -€3,120 | |
| Other operating charges | 640/8 | €2,445 | €2,482 | +€37 | +1.5% |
| Gross operating margin | 9900 | -€41,978 | -€35,600 | +€6,378 | +15.2% |
| Operating profit (loss) | 9901 | -€52,866 | -€45,919 | +€6,947 | +13.1% |
| Financial income | 75/76B | €784 | €553 | -€231 | -29.5% |
| Recurring financial income | 75 | €784 | €553 | -€231 | -29.5% |
| Financial charges | 65/66B | €1,094 | €1,207 | +€113 | +10.4% |
| Recurring financial charges | 65 | €1,094 | €1,207 | +€113 | +10.4% |
| Profit (loss) for the period before taxes | 9903 | -€53,176 | -€46,573 | +€6,603 | +12.4% |
| Income taxes | 67/77 | €384 | €460 | +€76 | +19.7% |
| Profit (loss) for the period | 9904 | -€53,560 | -€47,033 | +€6,527 | +12.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€53,560 | -€47,033 | +€6,527 | +12.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.