SCHELDE OFFICES: 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.
SCHELDE OFFICES
Largest movements
- Tangible fixed assets -€679,881
down €679,881 (-3.8%), from €17.7m to €17.1m
of which Land and buildings: -€676,153
- Deferred charges and accrued income +€378,221
up €378,221 (+37.8%), from €1.0m to €1.4m
- Debts after one year -€1.5m
down €1.5m (-6.8%), from €22.0m to €20.5m
- Profit (loss) carried forward +€800,648
up €800,648 (+22.3%), from €3.6m to €4.4m
- Gross operating margin -€155,885
down €155,885 (-6.9%), from €2.3m to €2.1m
- Taxes +€95,325
up €95,325 (+29.6%), from €322,303 to €417,629
- Financial charges -€54,423
down €54,423 (-14.0%), from €389,099 to €334,676
- Financial income +€24,841
up €24,841 (+9.1%), from €273,962 to €298,802
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,547,114 | €28,782,376 | -€764,737 | -2.6% |
| Fixed assets | 21/28 | €17,731,804 | €17,051,923 | -€679,881 | -3.8% |
| Tangible fixed assets | 22/27 | €17,731,804 | €17,051,923 | -€679,881 | -3.8% |
| Land and buildings | 22 | €17,668,798 | €16,992,645 | -€676,153 | -3.8% |
| Plant, machinery and equipment | 23 | €63,006 | €59,278 | -€3,728 | -5.9% |
| Current assets | 29/58 | €11,815,309 | €11,730,453 | -€84,856 | -0.7% |
| Amounts receivable within one year | 40/41 | €10,490,300 | €10,255,859 | -€234,441 | -2.2% |
| Trade receivables | 40 | €246,544 | €240,103 | -€6,441 | -2.6% |
| Other amounts receivable | 41 | €10,243,756 | €10,015,756 | -€228,000 | -2.2% |
| Cash at bank and in hand | 54/58 | €324,399 | €95,762 | -€228,637 | -70.5% |
| Deferred charges and accrued income | 490/1 | €1,000,611 | €1,378,832 | +€378,221 | +37.8% |
| Total equity and liabilities | 10/49 | €29,547,114 | €28,782,376 | -€764,737 | -2.6% |
| Equity | 10/15 | €4,640,069 | €5,440,717 | +€800,648 | +17.3% |
| Contributions | 10/11 | €950,000 | €950,000 | = | 0.0% |
| Capital | 10 | €950,000 | €950,000 | = | 0.0% |
| Issued capital | 100 | €950,000 | €950,000 | = | 0.0% |
| Reserves | 13 | €95,000 | €95,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €95,000 | €95,000 | = | 0.0% |
| Legal reserve | 130 | €95,000 | €95,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,595,069 | €4,395,717 | +€800,648 | +22.3% |
| Amounts payable | 17/49 | €24,907,044 | €23,341,659 | -€1.6m | -6.3% |
| Amounts payable after more than one year | 17 | €22,001,625 | €20,497,125 | -€1.5m | -6.8% |
| Financial debts | 170/4 | €22,001,625 | €20,497,125 | -€1.5m | -6.8% |
| Amounts payable within one year | 42/48 | €2,433,384 | €2,471,782 | +€38,397 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €1,504,500 | €1,504,500 | = | 0.0% |
| Trade debts | 44 | €173,667 | €123,383 | -€50,283 | -29.0% |
| Suppliers | 440/4 | €173,667 | €123,383 | -€50,283 | -29.0% |
| Taxes, remuneration and social security | 45 | €755,217 | €843,898 | +€88,681 | +11.7% |
| Taxes | 450/3 | €755,217 | €843,898 | +€88,681 | +11.7% |
| Accrued charges and deferred income | 492/3 | €472,035 | €372,753 | -€99,283 | -21.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €774,443 | €781,687 | +€7,244 | +0.9% |
| Other operating charges | 640/8 | €76,397 | €78,149 | +€1,752 | +2.3% |
| Gross operating margin | 9900 | €2,269,871 | €2,113,986 | -€155,885 | -6.9% |
| Operating profit (loss) | 9901 | €1,419,031 | €1,254,150 | -€164,881 | -11.6% |
| Financial income | 75/76B | €273,962 | €298,802 | +€24,841 | +9.1% |
| Recurring financial income | 75 | €273,962 | €298,802 | +€24,841 | +9.1% |
| Financial charges | 65/66B | €389,099 | €334,676 | -€54,423 | -14.0% |
| Recurring financial charges | 65 | €389,099 | €334,676 | -€54,423 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | €1,303,894 | €1,218,276 | -€85,618 | -6.6% |
| Income taxes | 67/77 | €322,303 | €417,629 | +€95,325 | +29.6% |
| Profit (loss) for the period | 9904 | €981,591 | €800,648 | -€180,943 | -18.4% |
| Profit (loss) for the period to be appropriated | 9905 | €981,591 | €800,648 | -€180,943 | -18.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.