SCHEEPVAART KETS: 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.
SCHEEPVAART KETS
Largest movements
- Receivables within one year +€151,680
up €151,680 (+36.0%), from €420,870 to €572,550
of which Other amounts receivable: +€116,943
- Cash +€23,298
up €23,298 (+858%), from €2,715 to €26,014
mainly Net result for the year (+€160,480) and Tax, wage and social debts (+€35,279)
- Reserves +€160,480
up €160,480 (+22.9%), from €700,441 to €860,921
- Tax, wage and social debts +€35,279
up €35,279 (+39.0%), from €90,474 to €125,753
- Debts after one year -€22,540
down €22,540 (-42.1%), from €53,484 to €30,943
- Gross operating margin +€24,147
up €24,147 (+11.9%), from €203,364 to €227,511
- Financial income +€16,163
up €16,163 (+64.4%), from €25,097 to €41,260
- Taxes +€15,349
up €15,349 (+21.2%), from €72,405 to €87,753
- Financial charges -€3,488
down €3,488 (-41.5%), from €8,412 to €4,924
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 | €900,221 | €1,075,404 | +€175,184 | +19.5% |
| Fixed assets | 21/28 | €113,635 | €104,467 | -€9,168 | -8.1% |
| Tangible fixed assets | 22/27 | €25,188 | €16,020 | -€9,168 | -36.4% |
| Plant, machinery and equipment | 23 | - | €2,841 | +€2,841 | |
| Furniture and vehicles | 24 | €25,188 | €13,178 | -€12,009 | -47.7% |
| Financial fixed assets | 28 | €88,447 | €88,447 | = | 0.0% |
| Current assets | 29/58 | €786,586 | €970,938 | +€184,352 | +23.4% |
| Amounts receivable after more than one year | 29 | €300,000 | €300,000 | = | 0.0% |
| Other amounts receivable | 291 | €300,000 | €300,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €420,870 | €572,550 | +€151,680 | +36.0% |
| Trade receivables | 40 | €61,517 | €96,254 | +€34,737 | +56.5% |
| Other amounts receivable | 41 | €359,353 | €476,296 | +€116,943 | +32.5% |
| Cash at bank and in hand | 54/58 | €2,715 | €26,014 | +€23,298 | +858% |
| Deferred charges and accrued income | 490/1 | €63,000 | €72,373 | +€9,373 | +14.9% |
| Total equity and liabilities | 10/49 | €900,221 | €1,075,404 | +€175,184 | +19.5% |
| Equity | 10/15 | €731,427 | €891,907 | +€160,480 | +21.9% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €700,441 | €860,921 | +€160,480 | +22.9% |
| Distributable reserves | 133 | €700,441 | €860,921 | +€160,480 | +22.9% |
| Amounts payable | 17/49 | €168,793 | €183,497 | +€14,704 | +8.7% |
| Amounts payable after more than one year | 17 | €53,484 | €30,943 | -€22,540 | -42.1% |
| Financial debts | 170/4 | €53,484 | €30,943 | -€22,540 | -42.1% |
| Amounts payable within one year | 42/48 | €115,310 | €152,554 | +€37,244 | +32.3% |
| Current portion of amounts payable after more than one year | 42 | €21,040 | €22,540 | +€1,500 | +7.1% |
| Trade debts | 44 | €3,796 | €4,261 | +€465 | +12.2% |
| Suppliers | 440/4 | €3,796 | €4,261 | +€465 | +12.2% |
| Taxes, remuneration and social security | 45 | €90,474 | €125,753 | +€35,279 | +39.0% |
| Taxes | 450/3 | €90,474 | €125,753 | +€35,279 | +39.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,548 | €12,760 | +€212 | +1.7% |
| Other operating charges | 640/8 | €2,575 | €2,854 | +€279 | +10.8% |
| Gross operating margin | 9900 | €203,364 | €227,511 | +€24,147 | +11.9% |
| Operating profit (loss) | 9901 | €188,241 | €211,897 | +€23,657 | +12.6% |
| Financial income | 75/76B | €25,097 | €41,260 | +€16,163 | +64.4% |
| Recurring financial income | 75 | €25,097 | €41,260 | +€16,163 | +64.4% |
| Financial charges | 65/66B | €8,412 | €4,924 | -€3,488 | -41.5% |
| Recurring financial charges | 65 | €8,412 | €4,924 | -€3,488 | -41.5% |
| Profit (loss) for the period before taxes | 9903 | €204,926 | €248,233 | +€43,308 | +21.1% |
| Income taxes | 67/77 | €72,405 | €87,753 | +€15,349 | +21.2% |
| Profit (loss) for the period | 9904 | €132,521 | €160,480 | +€27,959 | +21.1% |
| Profit (loss) for the period to be appropriated | 9905 | €132,521 | €160,480 | +€27,959 | +21.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.