SCHEL'UP: 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.
SCHEL'UP
Largest movements
- Tangible fixed assets +€16,598
up €16,598 (+209%), from €7,925 to €24,523
of which Furniture and vehicles: +€15,847
- Cash -€14,886
down €14,886 (-92.2%), from €16,150 to €1,264
mainly Net result for the year (-€55,904) and Investment in fixed assets (net) (-€25,006)
- Receivables within one year -€6,042
down €6,042 (-20.3%), from €29,728 to €23,686
of which Other amounts receivable: -€4,497
- Receivables after one year -€5,062
down €5,062 (-75.6%), from €6,696 to €1,634
- Deferred charges and accrued income +€1,344
up €1,344 (+70.1%), from €1,916 to €3,260
- Profit (loss) carried forward -€55,904
down €55,904 (-202%), from -€27,743 to -€83,648
- Other debts +€45,338
up €45,338 (+78.7%), from €57,599 to €102,937
- Trade debts +€3,599
new in 2025: €3,599
- Tax, wage and social debts -€844
down €844 (-50.6%), from €1,667 to €823
- Gross operating margin -€16,285
down €16,285 (-52.6%), from -€30,954 to -€47,239
- Taxes +€7,927
up €7,927, from -€7,708 to €219
- Depreciation +€3,333
up €3,333 (+68.9%), from €4,838 to €8,171
- Other operating charges +€513
up €513 (+409%), from €126 to €639
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 | €63,376 | €55,565 | -€7,811 | -12.3% |
| Fixed assets | 21/28 | €8,885 | €25,720 | +€16,835 | +189% |
| Tangible fixed assets | 22/27 | €7,925 | €24,523 | +€16,598 | +209% |
| Plant, machinery and equipment | 23 | €3,437 | €4,189 | +€751 | +21.9% |
| Furniture and vehicles | 24 | €4,488 | €20,335 | +€15,847 | +353% |
| Financial fixed assets | 28 | €960 | €1,197 | +€237 | +24.7% |
| Current assets | 29/58 | €54,491 | €29,844 | -€24,646 | -45.2% |
| Amounts receivable after more than one year | 29 | €6,696 | €1,634 | -€5,062 | -75.6% |
| Other amounts receivable | 291 | €6,696 | €1,634 | -€5,062 | -75.6% |
| Amounts receivable within one year | 40/41 | €29,728 | €23,686 | -€6,042 | -20.3% |
| Trade receivables | 40 | €4,208 | €2,662 | -€1,546 | -36.7% |
| Other amounts receivable | 41 | €25,521 | €21,024 | -€4,497 | -17.6% |
| Cash at bank and in hand | 54/58 | €16,150 | €1,264 | -€14,886 | -92.2% |
| Deferred charges and accrued income | 490/1 | €1,916 | €3,260 | +€1,344 | +70.1% |
| Total equity and liabilities | 10/49 | €63,376 | €55,565 | -€7,811 | -12.3% |
| Equity | 10/15 | €4,110 | -€51,794 | -€55,904 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €28,853 | €28,853 | = | 0.0% |
| Distributable reserves | 133 | €28,853 | €28,853 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,743 | -€83,648 | -€55,904 | -202% |
| Amounts payable | 17/49 | €59,266 | €107,359 | +€48,093 | +81.1% |
| Amounts payable within one year | 42/48 | €59,266 | €107,359 | +€48,093 | +81.1% |
| Trade debts | 44 | - | €3,599 | +€3,599 | |
| Suppliers | 440/4 | €0 | €3,599 | +€3,599 | |
| Taxes, remuneration and social security | 45 | €1,667 | €823 | -€844 | -50.6% |
| Taxes | 450/3 | €1,667 | €823 | -€844 | -50.6% |
| Other amounts payable | 47/48 | €57,599 | €102,937 | +€45,338 | +78.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,838 | €8,171 | +€3,333 | +68.9% |
| Other operating charges | 640/8 | €126 | €639 | +€513 | +409% |
| Gross operating margin | 9900 | -€30,954 | -€47,239 | -€16,285 | -52.6% |
| Operating profit (loss) | 9901 | -€35,917 | -€56,049 | -€20,131 | -56.0% |
| Financial income | 75/76B | €1,151 | €715 | -€436 | -37.9% |
| Recurring financial income | 75 | €1,151 | €715 | -€436 | -37.9% |
| Financial charges | 65/66B | €685 | €351 | -€334 | -48.8% |
| Recurring financial charges | 65 | €684 | €351 | -€333 | -48.7% |
| Non-recurring financial charges | 66B | €1 | - | -€1 | |
| Profit (loss) for the period before taxes | 9903 | -€35,452 | -€55,685 | -€20,234 | -57.1% |
| Income taxes | 67/77 | -€7,708 | €219 | +€7,927 | |
| Profit (loss) for the period | 9904 | -€27,743 | -€55,904 | -€28,161 | -102% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,743 | -€55,904 | -€28,161 | -102% |
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 29 October 2026 via checked.be.