SCHELDEBOUW: 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.
SCHELDEBOUW
Largest movements
- Tangible fixed assets -€30,755
down €30,755 (-2.3%), from €1.4m to €1.3m
- Other debts -€50,000
down €50,000 (-97.5%), from €51,300 to €1,300
- Gross operating margin +€3,742
up €3,742 (+5.5%), from €67,695 to €71,437
- Other operating charges +€1,401
up €1,401 (+14.0%), from €9,992 to €11,393
- Financial charges -€1,291
down €1,291 (-7.4%), from €17,402 to €16,111
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 | €1,370,478 | €1,335,698 | -€34,779 | -2.5% |
| Fixed assets | 21/28 | €1,358,740 | €1,327,985 | -€30,755 | -2.3% |
| Tangible fixed assets | 22/27 | €1,358,740 | €1,327,985 | -€30,755 | -2.3% |
| Land and buildings | 22 | €1,358,740 | €1,327,985 | -€30,755 | -2.3% |
| Current assets | 29/58 | €11,737 | €7,713 | -€4,024 | -34.3% |
| Amounts receivable within one year | 40/41 | €1,843 | €0 | -€1,843 | -100% |
| Trade receivables | 40 | €1,833 | €0 | -€1,833 | -100% |
| Other amounts receivable | 41 | €11 | €0 | -€11 | -100% |
| Cash at bank and in hand | 54/58 | €9,894 | €7,713 | -€2,181 | -22.0% |
| Total equity and liabilities | 10/49 | €1,370,478 | €1,335,698 | -€34,779 | -2.5% |
| Equity | 10/15 | -€264,049 | -€250,868 | +€13,181 | +5.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€282,649 | -€269,468 | +€13,181 | +4.7% |
| Amounts payable | 17/49 | €1,634,526 | €1,586,566 | -€47,960 | -2.9% |
| Amounts payable after more than one year | 17 | €1,517,040 | €1,519,033 | +€1,993 | +0.1% |
| Financial debts | 170/4 | €1,517,040 | €1,519,033 | +€1,993 | +0.1% |
| Amounts payable within one year | 42/48 | €116,810 | €67,533 | -€49,277 | -42.2% |
| Current portion of amounts payable after more than one year | 42 | €64,211 | €65,507 | +€1,296 | +2.0% |
| Trade debts | 44 | €1,299 | €726 | -€573 | -44.1% |
| Suppliers | 440/4 | €1,299 | €726 | -€573 | -44.1% |
| Other amounts payable | 47/48 | €51,300 | €1,300 | -€50,000 | -97.5% |
| Accrued charges and deferred income | 492/3 | €676 | €0 | -€676 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,755 | €30,755 | = | 0.0% |
| Other operating charges | 640/8 | €9,992 | €11,393 | +€1,401 | +14.0% |
| Gross operating margin | 9900 | €67,695 | €71,437 | +€3,742 | +5.5% |
| Operating profit (loss) | 9901 | €26,947 | €29,288 | +€2,341 | +8.7% |
| Financial income | 75/76B | €35 | €5 | -€30 | -84.8% |
| Recurring financial income | 75 | €35 | €5 | -€30 | -84.8% |
| Financial charges | 65/66B | €17,402 | €16,111 | -€1,291 | -7.4% |
| Recurring financial charges | 65 | €17,402 | €16,111 | -€1,291 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | €9,580 | €13,182 | +€3,602 | +37.6% |
| Income taxes | 67/77 | -€5 | €2 | +€7 | |
| Profit (loss) for the period | 9904 | €9,586 | €13,181 | +€3,595 | +37.5% |
| Profit (loss) for the period to be appropriated | 9905 | €9,586 | €13,181 | +€3,595 | +37.5% |
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.