Scheldeland: 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.
Scheldeland
Largest movements
- Cash +€38,002
up €38,002 (+81.3%), from €46,748 to €84,750
mainly Investment in fixed assets (net) (+€27,818) and Net result for the year (+€9,515)
- Tangible fixed assets -€27,818
down €27,818 (-70.5%), from €39,432 to €11,614
- Profit (loss) carried forward +€9,515
up €9,515 (+11.4%), from -€83,298 to -€73,783
- Trade debts +€1,469
up €1,469 (+1,166%), from €126 to €1,595
- Gross operating margin +€25,110
up €25,110, from -€10,670 to €14,440
- Depreciation -€14,639
down €14,639 (-100%), from €14,639 to €0
- Other operating charges +€2,099
up €2,099 (+79.4%), from €2,645 to €4,745
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 | €86,180 | €97,164 | +€10,983 | +12.7% |
| Fixed assets | 21/28 | €39,432 | €11,614 | -€27,818 | -70.5% |
| Tangible fixed assets | 22/27 | €39,432 | €11,614 | -€27,818 | -70.5% |
| Land and buildings | 22 | €39,432 | €11,614 | -€27,818 | -70.5% |
| Current assets | 29/58 | €46,748 | €85,550 | +€38,802 | +83.0% |
| Cash at bank and in hand | 54/58 | €46,748 | €84,750 | +€38,002 | +81.3% |
| Deferred charges and accrued income | 490/1 | - | €800 | +€800 | |
| Total equity and liabilities | 10/49 | €86,180 | €97,164 | +€10,983 | +12.7% |
| Equity | 10/15 | €39,554 | €49,069 | +€9,515 | +24.1% |
| Contributions | 10/11 | €106,594 | €106,594 | = | 0.0% |
| Reserves | 13 | €16,258 | €16,258 | = | 0.0% |
| Distributable reserves | 133 | €16,258 | €16,258 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,298 | -€73,783 | +€9,515 | +11.4% |
| Amounts payable | 17/49 | €46,626 | €48,095 | +€1,469 | +3.1% |
| Amounts payable within one year | 42/48 | €46,626 | €48,095 | +€1,469 | +3.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €126 | €1,595 | +€1,469 | +1,166% |
| Suppliers | 440/4 | €126 | €1,595 | +€1,469 | +1,166% |
| Other amounts payable | 47/48 | €46,500 | €46,500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,639 | €0 | -€14,639 | -100% |
| Other operating charges | 640/8 | €2,645 | €4,745 | +€2,099 | +79.4% |
| Gross operating margin | 9900 | -€10,670 | €14,440 | +€25,110 | |
| Operating profit (loss) | 9901 | -€27,955 | €9,695 | +€37,650 | |
| Financial charges | 65/66B | €219 | €180 | -€39 | -17.6% |
| Recurring financial charges | 65 | €219 | €180 | -€39 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | -€28,173 | €9,515 | +€37,688 | |
| Profit (loss) for the period | 9904 | -€28,173 | €9,515 | +€37,688 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,173 | €9,515 | +€37,688 |
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 16 October 2026 via checked.be.