Scheldestroom NV: 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.
What changed
Scheldestroom NV
NACE 68.321, Property management for co-owned buildings (syndics)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€6.6m
2024 · €5.2m+€1.4m
Equity
€86.3m
2024 · €125.6m-€39.3m
Cash
-
not filed
Balance sheet total
€92.9m
2024 · €135.1m-€42.2m
Largest movements
Assets
- Receivables within one year -€18.5m
down €18.5m (-59.4%), from €31.2m to €12.7m
of which Other amounts receivable: -€18.3m
- Financial fixed assets -€16.8m
down €16.8m (-70.1%), from €23.9m to €7.1m
of which Affiliated companies: -€16.8m
- Tangible fixed assets -€6.9m
down €6.9m (-8.6%), from €79.9m to €73.1m
of which Land and buildings: -€6.1m
Equity and liabilities
- Contributions -€39.9m
down €39.9m (-33.3%), from €119.9m to €80.0m
- Other debts -€2.7m
down €2.7m (-30.3%), from €9.0m to €6.3m
Income statement
- Financial income -€1.4m
down €1.4m (-69.1%), from €2.0m to €619,313
- Turnover -€1.3m
down €1.3m (-21.2%), from €6.2m to €4.9m
- Taxes +€856,693
up €856,693 (+131%), from €654,789 to €1.5m
- Depreciation -€671,888
down €671,888 (-28.4%), from €2.4m to €1.7m
- Financial charges -€608,300
down €608,300 (-76.2%), from €797,910 to €189,610
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.
Result 2024
€5.2m
Turnover
-€1.3m
Other operating income
-€577,003
Goods and materials
+€48,126
Services and other goods
-€117,680
Staff costs
+€71,965
Depreciation
+€671,888
Provisions
-€88,009
Other operating charges
+€596,761
Other operating items
+€3.8m
Financial income
-€1.4m
Financial charges
+€608,300
Taxes
-€856,693
Result 2025
€6.6m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €135,050,131 | €92,875,793 | -€42.2m | -31.2% |
| Fixed assets | 21/28 | €103,826,813 | €80,199,385 | -€23.6m | -22.8% |
| Tangible fixed assets | 22/27 | €79,924,500 | €73,050,462 | -€6.9m | -8.6% |
| Land and buildings | 22 | €78,760,443 | €72,708,931 | -€6.1m | -7.7% |
| Furniture and vehicles | 24 | - | €2,982 | +€2,982 | |
| Other tangible fixed assets | 26 | €71,550 | €34,075 | -€37,475 | -52.4% |
| Assets under construction and advance payments | 27 | €1,092,507 | €304,475 | -€788,032 | -72.1% |
| Financial fixed assets | 28 | €23,902,313 | €7,148,923 | -€16.8m | -70.1% |
| Affiliated companies | 280/1 | €23,902,313 | €7,141,423 | -€16.8m | -70.1% |
| Participating interests | 280 | €23,902,313 | €7,141,423 | -€16.8m | -70.1% |
| Other financial fixed assets | 284/8 | - | €7,500 | +€7,500 | |
| Amounts receivable and cash guarantees | 285/8 | - | €7,500 | +€7,500 | |
| Current assets | 29/58 | €31,223,318 | €12,676,408 | -€18.5m | -59.4% |
| Amounts receivable within one year | 40/41 | €31,223,318 | €12,676,408 | -€18.5m | -59.4% |
| Trade receivables | 40 | €238,087 | €30,662 | -€207,426 | -87.1% |
| Other amounts receivable | 41 | €30,985,231 | €12,645,746 | -€18.3m | -59.2% |
| Total equity and liabilities | 10/49 | €135,050,131 | €92,875,793 | -€42.2m | -31.2% |
| Equity | 10/15 | €125,551,248 | €86,278,881 | -€39.3m | -31.3% |
| Contributions | 10/11 | €119,906,000 | €80,000,000 | -€39.9m | -33.3% |
| Capital | 10 | €119,906,000 | €80,000,000 | -€39.9m | -33.3% |
| Issued capital | 100 | €119,906,000 | €80,000,000 | -€39.9m | -33.3% |
| Reserves | 13 | €5,489,264 | €5,820,946 | +€331,682 | +6.0% |
| Non-distributable reserves | 130/1 | €4,047,999 | €4,379,681 | +€331,682 | +8.2% |
| Legal reserve | 130 | €4,047,999 | €4,379,681 | +€331,682 | +8.2% |
| Tax-exempt reserves | 132 | €1,441,265 | €1,441,265 | = | 0.0% |
| Profit (loss) carried forward | 14 | €155,984 | €457,936 | +€301,952 | +194% |
| Provisions and deferred taxes | 16 | €3,088 | €3,103 | +€15 | +0.5% |
| Provisions for liabilities and charges | 160/5 | €3,088 | €3,103 | +€15 | +0.5% |
| Pensions and similar obligations | 160 | €6 | €21 | +€15 | +250% |
| Other liabilities and charges | 164/5 | €3,082 | €3,082 | = | 0.0% |
| Amounts payable | 17/49 | €9,495,795 | €6,593,808 | -€2.9m | -30.6% |
| Amounts payable within one year | 42/48 | €9,495,795 | €6,593,808 | -€2.9m | -30.6% |
| Trade debts | 44 | €474,946 | €185,666 | -€289,280 | -60.9% |
| Suppliers | 440/4 | €474,946 | €185,666 | -€289,280 | -60.9% |
| Taxes, remuneration and social security | 45 | €20,841 | €132,769 | +€111,928 | +537% |
| Taxes | 450/3 | €2,622 | €107,955 | +€105,333 | +4,017% |
| Remuneration and social security | 454/9 | €18,218 | €24,814 | +€6,596 | +36.2% |
| Other amounts payable | 47/48 | €9,000,008 | €6,275,374 | -€2.7m | -30.3% |
| Operating income | 70/76A | €10,997,909 | €12,516,043 | +€1.5m | +13.8% |
| Turnover | 70 | €6,210,015 | €4,892,607 | -€1.3m | -21.2% |
| Other operating income | 74 | €2,304,449 | €1,727,446 | -€577,003 | -25.0% |
| Non-recurring operating income | 76A | €2,483,445 | €5,895,990 | +€3.4m | +137% |
| Operating charges | 60/66A | €6,333,680 | €4,800,631 | -€1.5m | -24.2% |
| Goods for resale, raw materials and consumables | 60 | €48,126 | - | -€48,126 | |
| Purchases | 600/8 | €48,126 | - | -€48,126 | |
| Services and other goods | 61 | €721,910 | €839,590 | +€117,680 | +16.3% |
| Remuneration, social security and pensions | 62 | €191,116 | €119,151 | -€71,965 | -37.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,365,258 | €1,693,371 | -€671,888 | -28.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€87,994 | €15 | +€88,009 | |
| Other operating charges | 640/8 | €2,745,265 | €2,148,504 | -€596,761 | -21.7% |
| Non-recurring operating charges | 66A | €349,999 | - | -€349,999 | |
| Operating profit (loss) | 9901 | €4,664,228 | €7,715,412 | +€3.1m | +65.4% |
| Financial income | 75/76B | €2,003,352 | €619,313 | -€1.4m | -69.1% |
| Recurring financial income | 75 | €2,003,352 | €619,313 | -€1.4m | -69.1% |
| Income from current assets | 751 | - | €619,313 | +€619,313 | |
| Other financial income | 752/9 | €2,003,352 | - | -€2.0m | |
| Financial charges | 65/66B | €797,910 | €189,610 | -€608,300 | -76.2% |
| Recurring financial charges | 65 | €797,910 | €189,610 | -€608,300 | -76.2% |
| Debt charges | 650 | €797,021 | €188,849 | -€608,172 | -76.3% |
| Other financial charges | 652/9 | €888 | €760 | -€128 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | €5,869,670 | €8,145,116 | +€2.3m | +38.8% |
| Income taxes | 67/77 | €654,789 | €1,511,482 | +€856,693 | +131% |
| Taxes | 670/3 | €654,789 | €1,511,482 | +€856,693 | +131% |
| Profit (loss) for the period | 9904 | €5,214,882 | €6,633,633 | +€1.4m | +27.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,214,882 | €6,633,633 | +€1.4m | +27.2% |
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 18 October 2026 via checked.be.