SCHEERS: 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.
SCHEERS
Largest movements
- Cash +€39,045
up €39,045 (+225.6%), from €17,307 to €56,352
mainly Depreciation (+€51,606) and Other debts (+€25,062)
- Tangible fixed assets -€29,867
down €29,867 (-6.0%), from €501,434 to €471,568
of which Land and buildings: -€39,912
- Receivables within one year -€8,115
down €8,115 (-30.3%), from €26,748 to €18,633
of which Trade receivables: -€5,445
- Other debts +€25,062
up €25,062 (+16.2%), from €154,649 to €179,711
- Reserves -€16,728
down €16,728 (-10.3%), from €162,431 to €145,702
- Tax, wage and social debts -€7,298
down €7,298 (-51.8%), from €14,088 to €6,790
of which Taxes: -€4,319
- Gross operating margin +€11,193
up €11,193 (+17.7%), from €63,208 to €74,401
- Depreciation +€2,898
up €2,898 (+5.9%), from €48,708 to €51,606
- Taxes +€2,228
up €2,228 (+52.1%), from €4,272 to €6,500
- Other operating charges +€1,050
up €1,050 (+107.7%), from €974 to €2,024
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 | €546,519 | €548,783 | +€2,265 | +0.4% |
| Fixed assets | 21/28 | €501,434 | €471,568 | -€29,867 | -6.0% |
| Tangible fixed assets | 22/27 | €501,434 | €471,568 | -€29,867 | -6.0% |
| Land and buildings | 22 | €478,418 | €438,506 | -€39,912 | -8.3% |
| Plant, machinery and equipment | 23 | €5,932 | €7,576 | +€1,643 | +27.7% |
| Furniture and vehicles | 24 | €17,084 | €25,486 | +€8,402 | +49.2% |
| Current assets | 29/58 | €45,084 | €77,216 | +€32,131 | +71.3% |
| Amounts receivable within one year | 40/41 | €26,748 | €18,633 | -€8,115 | -30.3% |
| Trade receivables | 40 | €16,677 | €11,232 | -€5,445 | -32.6% |
| Other amounts receivable | 41 | €10,071 | €7,401 | -€2,670 | -26.5% |
| Cash at bank and in hand | 54/58 | €17,307 | €56,352 | +€39,045 | +225.6% |
| Deferred charges and accrued income | 490/1 | €1,030 | €2,231 | +€1,202 | +116.7% |
| Total equity and liabilities | 10/49 | €546,519 | €548,783 | +€2,265 | +0.4% |
| Equity | 10/15 | €372,431 | €355,702 | -€16,728 | -4.5% |
| Contributions | 10/11 | €210,000 | €210,000 | = | 0.0% |
| Reserves | 13 | €162,431 | €145,702 | -€16,728 | -10.3% |
| Distributable reserves | 133 | €162,431 | €145,702 | -€16,728 | -10.3% |
| Amounts payable | 17/49 | €174,088 | €193,081 | +€18,993 | +10.9% |
| Amounts payable within one year | 42/48 | €174,088 | €192,783 | +€18,695 | +10.7% |
| Trade debts | 44 | €5,351 | €6,282 | +€931 | +17.4% |
| Suppliers | 440/4 | €5,351 | €6,282 | +€931 | +17.4% |
| Taxes, remuneration and social security | 45 | €14,088 | €6,790 | -€7,298 | -51.8% |
| Taxes | 450/3 | €11,108 | €6,790 | -€4,319 | -38.9% |
| Remuneration and social security | 454/9 | €2,980 | - | -€2,980 | |
| Other amounts payable | 47/48 | €154,649 | €179,711 | +€25,062 | +16.2% |
| Accrued charges and deferred income | 492/3 | - | €298 | +€298 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,708 | €51,606 | +€2,898 | +5.9% |
| Other operating charges | 640/8 | €974 | €2,024 | +€1,050 | +107.7% |
| Gross operating margin | 9900 | €63,208 | €74,401 | +€11,193 | +17.7% |
| Operating profit (loss) | 9901 | €13,526 | €20,771 | +€7,245 | +53.6% |
| Financial income | 75/76B | €4 | €20 | +€16 | +439.2% |
| Recurring financial income | 75 | €4 | €20 | +€16 | +439.2% |
| Financial charges | 65/66B | €69 | €83 | +€14 | +20.8% |
| Recurring financial charges | 65 | €69 | €83 | +€14 | +20.8% |
| Profit (loss) for the period before taxes | 9903 | €13,461 | €20,708 | +€7,247 | +53.8% |
| Income taxes | 67/77 | €4,272 | €6,500 | +€2,228 | +52.1% |
| Profit (loss) for the period | 9904 | €9,188 | €14,208 | +€5,020 | +54.6% |
| Profit (loss) for the period to be appropriated | 9905 | €9,188 | €14,208 | +€5,020 | +54.6% |
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 4 October 2026 via checked.be.