SCHEERS I: 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 I
Largest movements
- Receivables within one year -€168,100
down €168,100 (-16.1%), from €1.0m to €877,841
of which Trade receivables: -€216,253
- Deferred charges and accrued income +€149,131
up €149,131 (+98.2%), from €151,810 to €300,941
- Trade debts -€82,607
down €82,607 (-67.2%), from €122,919 to €40,312
- Financial charges +€11,398
up €11,398 (+48.5%), from €23,486 to €34,884
of which Financial charges: +€11,883
- Gross operating margin -€6,154
down €6,154 (-91.1%), from €6,758 to €604
- Financial income +€1,525
up €1,525 (+3.6%), from €42,451 to €43,976
- Other operating charges +€904
up €904 (+24.2%), from €3,734 to €4,638
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 | €4,713,168 | €4,685,165 | -€28,003 | -0.6% |
| Fixed assets | 21/28 | €3,256,829 | €3,244,931 | -€11,899 | -0.4% |
| Tangible fixed assets | 22/27 | €3,244,385 | €3,232,486 | -€11,899 | -0.4% |
| Land and buildings | 22 | €3,028,461 | €3,016,562 | -€11,899 | -0.4% |
| Plant, machinery and equipment | 23 | €215,924 | €215,924 | = | 0.0% |
| Financial fixed assets | 28 | €12,444 | €12,444 | = | 0.0% |
| Current assets | 29/58 | €1,456,339 | €1,440,235 | -€16,104 | -1.1% |
| Stocks and contracts in progress | 3 | €258,000 | €258,430 | +€430 | +0.2% |
| Stocks | 30/36 | €258,000 | €258,430 | +€430 | +0.2% |
| Amounts receivable within one year | 40/41 | €1,045,941 | €877,841 | -€168,100 | -16.1% |
| Trade receivables | 40 | €245,431 | €29,179 | -€216,253 | -88.1% |
| Other amounts receivable | 41 | €800,509 | €848,662 | +€48,153 | +6.0% |
| Cash at bank and in hand | 54/58 | €588 | €3,023 | +€2,435 | +414.1% |
| Deferred charges and accrued income | 490/1 | €151,810 | €300,941 | +€149,131 | +98.2% |
| Total equity and liabilities | 10/49 | €4,713,168 | €4,685,165 | -€28,003 | -0.6% |
| Equity | 10/15 | €778,291 | €783,348 | +€5,057 | +0.6% |
| Contributions | 10/11 | €700,000 | €700,000 | = | 0.0% |
| Revaluation surpluses | 12 | €1,000,000 | €1,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€921,709 | -€916,652 | +€5,057 | +0.5% |
| Amounts payable | 17/49 | €3,934,877 | €3,901,817 | -€33,060 | -0.8% |
| Amounts payable after more than one year | 17 | €78,677 | €90,681 | +€12,004 | +15.3% |
| Financial debts | 170/4 | €78,677 | €90,681 | +€12,004 | +15.3% |
| Amounts payable within one year | 42/48 | €3,856,199 | €3,811,136 | -€45,064 | -1.2% |
| Current portion of amounts payable after more than one year | 42 | €12,329 | €19,896 | +€7,567 | +61.4% |
| Trade debts | 44 | €122,919 | €40,312 | -€82,607 | -67.2% |
| Suppliers | 440/4 | €122,919 | €40,312 | -€82,607 | -67.2% |
| Taxes, remuneration and social security | 45 | €35,928 | €34,209 | -€1,719 | -4.8% |
| Taxes | 450/3 | €23,928 | €30,504 | +€6,575 | +27.5% |
| Remuneration and social security | 454/9 | €12,000 | €3,705 | -€8,295 | -69.1% |
| Other amounts payable | 47/48 | €3,685,024 | €3,716,719 | +€31,696 | +0.9% |
| Non-recurring operating income | 76A | €106 | €135 | +€30 | +28.0% |
| Other operating charges | 640/8 | €3,734 | €4,638 | +€904 | +24.2% |
| Non-recurring operating charges | 66A | €433 | - | -€433 | |
| Gross operating margin | 9900 | €6,758 | €604 | -€6,154 | -91.1% |
| Operating profit (loss) | 9901 | €2,591 | -€4,034 | -€6,625 | |
| Financial income | 75/76B | €42,451 | €43,976 | +€1,525 | +3.6% |
| Recurring financial income | 75 | €42,451 | €43,976 | +€1,525 | +3.6% |
| Financial charges | 65/66B | €23,486 | €34,884 | +€11,398 | +48.5% |
| Recurring financial charges | 65 | €23,002 | €34,884 | +€11,883 | +51.7% |
| Non-recurring financial charges | 66B | €485 | - | -€485 | |
| Profit (loss) for the period before taxes | 9903 | €21,556 | €5,057 | -€16,499 | -76.5% |
| Income taxes | 67/77 | €1 | €1 | = | 0.0% |
| Profit (loss) for the period | 9904 | €21,556 | €5,057 | -€16,499 | -76.5% |
| Profit (loss) for the period to be appropriated | 9905 | €21,556 | €5,057 | -€16,499 | -76.5% |
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 8 October 2026 via checked.be.