Scheldeboord: 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.
Scheldeboord
Largest movements
- Receivables within one year -€14,693
down €14,693 (-42.2%), from €34,847 to €20,153
of which Other amounts receivable: -€31,873
- Cash +€8,596
up €8,596 (+3,011%), from €286 to €8,881
mainly Other debts (+€52,887) and Receivables within one year (+€14,693)
- Receivables after one year +€6,757
up €6,757 (+12.1%), from €55,687 to €62,444
- Other debts +€52,887
up €52,887 (+9.9%), from €535,503 to €588,390
- Profit (loss) carried forward -€43,661
down €43,661 (-50.5%), from -€86,499 to -€130,160
- Tax, wage and social debts -€9,320
down €9,320 (-100%), from €9,320 to €0
- Write-downs +€28,887
new in 2025: €28,887
- Financial charges -€7,007
down €7,007 (-28.7%), from €24,427 to €17,420
- Financial income -€6,824
down €6,824 (-51.6%), from €13,231 to €6,407
- Gross operating margin +€2,611
up €2,611 (+49.2%), from -€5,312 to -€2,700
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 | €515,278 | €515,276 | -€2 | 0.0% |
| Fixed assets | 21/28 | €424,458 | €423,797 | -€661 | -0.2% |
| Tangible fixed assets | 22/27 | €745 | €83 | -€661 | -88.8% |
| Furniture and vehicles | 24 | €745 | €83 | -€661 | -88.8% |
| Financial fixed assets | 28 | €423,714 | €423,714 | = | 0.0% |
| Current assets | 29/58 | €90,819 | €91,478 | +€659 | +0.7% |
| Amounts receivable after more than one year | 29 | €55,687 | €62,444 | +€6,757 | +12.1% |
| Other amounts receivable | 291 | €55,687 | €62,444 | +€6,757 | +12.1% |
| Amounts receivable within one year | 40/41 | €34,847 | €20,153 | -€14,693 | -42.2% |
| Trade receivables | 40 | €320 | €17,500 | +€17,180 | +5,360% |
| Other amounts receivable | 41 | €34,526 | €2,653 | -€31,873 | -92.3% |
| Cash at bank and in hand | 54/58 | €286 | €8,881 | +€8,596 | +3,011% |
| Total equity and liabilities | 10/49 | €515,278 | €515,276 | -€2 | 0.0% |
| Equity | 10/15 | -€29,545 | -€73,206 | -€43,661 | -148% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €36,954 | €36,954 | = | 0.0% |
| Distributable reserves | 133 | €36,954 | €36,954 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€86,499 | -€130,160 | -€43,661 | -50.5% |
| Amounts payable | 17/49 | €544,823 | €588,482 | +€43,659 | +8.0% |
| Amounts payable within one year | 42/48 | €544,823 | €588,482 | +€43,659 | +8.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €0 | €92 | +€92 | |
| Suppliers | 440/4 | €0 | €92 | +€92 | |
| Taxes, remuneration and social security | 45 | €9,320 | €0 | -€9,320 | -100% |
| Taxes | 450/3 | €9,320 | €0 | -€9,320 | -100% |
| Other amounts payable | 47/48 | €535,503 | €588,390 | +€52,887 | +9.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €661 | €661 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €28,887 | +€28,887 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€5,312 | -€2,700 | +€2,611 | +49.2% |
| Operating profit (loss) | 9901 | -€6,360 | -€32,648 | -€26,288 | -413% |
| Financial income | 75/76B | €13,231 | €6,407 | -€6,824 | -51.6% |
| Recurring financial income | 75 | €13,231 | €6,407 | -€6,824 | -51.6% |
| Financial charges | 65/66B | €24,427 | €17,420 | -€7,007 | -28.7% |
| Recurring financial charges | 65 | €24,427 | €17,420 | -€7,007 | -28.7% |
| Profit (loss) for the period before taxes | 9903 | -€17,557 | -€43,661 | -€26,105 | -149% |
| Profit (loss) for the period | 9904 | -€17,557 | -€43,661 | -€26,105 | -149% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,557 | -€43,661 | -€26,105 | -149% |
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 14 October 2026 via checked.be.