SCHELDESCHUURKE: 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.
SCHELDESCHUURKE
Largest movements
- Tangible fixed assets -€41,382
down €41,382 (-6.4%), from €651,166 to €609,783
of which Land and buildings: -€46,132
- Cash -€8,497
down €8,497 (-18.6%), from €45,565 to €37,068
mainly Net result for the year (-€58,333) and Debts after one year (-€15,710)
- Profit (loss) carried forward -€58,333
down €58,333 (-1,835%), from -€3,178 to -€61,511
- Debts after one year -€15,710
down €15,710 (-22.6%), from €69,469 to €53,759
- Trade debts +€12,403
up €12,403 (+117%), from €10,613 to €23,015
- Gross operating margin -€21,565
down €21,565 (-98.7%), from €21,840 to €275
- Other operating charges -€930
down €930 (-25.9%), from €3,592 to €2,662
- Depreciation -€853
down €853 (-1.5%), from €55,831 to €54,978
- Financial income -€292
down €292 (-35.3%), from €828 to €535
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 | €745,914 | €688,277 | -€57,637 | -7.7% |
| Fixed assets | 21/28 | €651,964 | €610,581 | -€41,382 | -6.3% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €651,166 | €609,783 | -€41,382 | -6.4% |
| Land and buildings | 22 | €625,060 | €578,928 | -€46,132 | -7.4% |
| Plant, machinery and equipment | 23 | €8,981 | €10,710 | +€1,729 | +19.2% |
| Furniture and vehicles | 24 | €17,125 | €20,146 | +€3,021 | +17.6% |
| Financial fixed assets | 28 | €798 | €798 | = | 0.0% |
| Current assets | 29/58 | €93,950 | €77,696 | -€16,254 | -17.3% |
| Stocks and contracts in progress | 3 | €5,851 | €0 | -€5,851 | -100% |
| Stocks | 30/36 | €5,851 | €0 | -€5,851 | -100% |
| Amounts receivable within one year | 40/41 | €39,999 | €38,146 | -€1,853 | -4.6% |
| Trade receivables | 40 | €21,257 | €35,538 | +€14,281 | +67.2% |
| Other amounts receivable | 41 | €18,742 | €2,608 | -€16,134 | -86.1% |
| Cash at bank and in hand | 54/58 | €45,565 | €37,068 | -€8,497 | -18.6% |
| Deferred charges and accrued income | 490/1 | €2,535 | €2,482 | -€53 | -2.1% |
| Total equity and liabilities | 10/49 | €745,914 | €688,277 | -€57,637 | -7.7% |
| Equity | 10/15 | €641,822 | €583,489 | -€58,333 | -9.1% |
| Contributions | 10/11 | €645,000 | €645,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€3,178 | -€61,511 | -€58,333 | -1,835% |
| Amounts payable | 17/49 | €104,092 | €104,788 | +€696 | +0.7% |
| Amounts payable after more than one year | 17 | €69,469 | €53,759 | -€15,710 | -22.6% |
| Financial debts | 170/4 | €69,469 | €53,759 | -€15,710 | -22.6% |
| Amounts payable within one year | 42/48 | €34,623 | €51,030 | +€16,406 | +47.4% |
| Current portion of amounts payable after more than one year | 42 | €15,522 | €15,710 | +€188 | +1.2% |
| Trade debts | 44 | €10,613 | €23,015 | +€12,403 | +117% |
| Suppliers | 440/4 | €10,613 | €23,015 | +€12,403 | +117% |
| Advances received on contracts in progress | 46 | €5,400 | €10,761 | +€5,361 | +99.3% |
| Taxes, remuneration and social security | 45 | €2,756 | €1,281 | -€1,475 | -53.5% |
| Taxes | 450/3 | €2,756 | €1,281 | -€1,475 | -53.5% |
| Other amounts payable | 47/48 | €332 | €262 | -€70 | -21.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,831 | €54,978 | -€853 | -1.5% |
| Other operating charges | 640/8 | €3,592 | €2,662 | -€930 | -25.9% |
| Gross operating margin | 9900 | €21,840 | €275 | -€21,565 | -98.7% |
| Operating profit (loss) | 9901 | -€37,584 | -€57,366 | -€19,782 | -52.6% |
| Financial income | 75/76B | €828 | €535 | -€292 | -35.3% |
| Recurring financial income | 75 | €828 | €535 | -€292 | -35.3% |
| Financial charges | 65/66B | €1,656 | €1,502 | -€153 | -9.3% |
| Recurring financial charges | 65 | €1,656 | €1,502 | -€153 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | -€38,412 | -€58,333 | -€19,921 | -51.9% |
| Profit (loss) for the period | 9904 | -€38,412 | -€58,333 | -€19,921 | -51.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,412 | -€58,333 | -€19,921 | -51.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.