SCHELDIMMO: 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.
SCHELDIMMO
Largest movements
- Cash +€346,384
up €346,384 (+74.3%), from €466,301 to €812,685
mainly Net result for the year (+€195,989) and Receivables within one year (+€100,193)
- Receivables within one year -€100,193
down €100,193 (-20.6%), from €486,453 to €386,259
of which Trade receivables: -€81,664
- Receivables after one year -€61,282
down €61,282 (-11.3%), from €541,282 to €480,000
- Tangible fixed assets -€46,387
down €46,387 (-25.8%), from €179,642 to €133,255
of which Furniture and vehicles: -€36,950
- Reserves +€196,000
up €196,000 (+110%), from €178,000 to €374,000
of which Distributable reserves: +€196,000
- Other debts -€73,593
down €73,593 (-4.9%), from €1.5m to €1.4m
- Gross operating margin +€91,612
up €91,612 (+20.2%), from €452,711 to €544,323
- Taxes +€13,100
up €13,100 (+22.2%), from €58,979 to €72,079
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 | €1,720,197 | €1,857,602 | +€137,405 | +8.0% |
| Fixed assets | 21/28 | €181,192 | €133,305 | -€47,887 | -26.4% |
| Tangible fixed assets | 22/27 | €179,642 | €133,255 | -€46,387 | -25.8% |
| Land and buildings | 22 | €2,374 | €1,294 | -€1,081 | -45.5% |
| Plant, machinery and equipment | 23 | €21,447 | €17,764 | -€3,684 | -17.2% |
| Furniture and vehicles | 24 | €147,342 | €110,392 | -€36,950 | -25.1% |
| Other tangible fixed assets | 26 | €8,479 | €3,806 | -€4,673 | -55.1% |
| Financial fixed assets | 28 | €1,550 | €50 | -€1,500 | -96.8% |
| Current assets | 29/58 | €1,539,005 | €1,724,297 | +€185,292 | +12.0% |
| Amounts receivable after more than one year | 29 | €541,282 | €480,000 | -€61,282 | -11.3% |
| Other amounts receivable | 291 | €541,282 | €480,000 | -€61,282 | -11.3% |
| Amounts receivable within one year | 40/41 | €486,453 | €386,259 | -€100,193 | -20.6% |
| Trade receivables | 40 | €451,725 | €370,061 | -€81,664 | -18.1% |
| Other amounts receivable | 41 | €34,727 | €16,198 | -€18,529 | -53.4% |
| Cash at bank and in hand | 54/58 | €466,301 | €812,685 | +€346,384 | +74.3% |
| Deferred charges and accrued income | 490/1 | €44,969 | €45,353 | +€384 | +0.9% |
| Total equity and liabilities | 10/49 | €1,720,197 | €1,857,602 | +€137,405 | +8.0% |
| Equity | 10/15 | €196,925 | €392,914 | +€195,989 | +99.5% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €178,000 | €374,000 | +€196,000 | +110% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €121,750 | €317,750 | +€196,000 | +161% |
| Profit (loss) carried forward | 14 | €175 | €164 | -€11 | -6.3% |
| Amounts payable | 17/49 | €1,523,272 | €1,464,687 | -€58,584 | -3.8% |
| Amounts payable within one year | 42/48 | €1,523,272 | €1,464,687 | -€58,584 | -3.8% |
| Trade debts | 44 | €1,974 | €16,005 | +€14,031 | +711% |
| Suppliers | 440/4 | €1,974 | €16,005 | +€14,031 | +711% |
| Taxes, remuneration and social security | 45 | €29,548 | €30,525 | +€978 | +3.3% |
| Taxes | 450/3 | - | €5,504 | +€5,504 | |
| Remuneration and social security | 454/9 | €29,548 | €25,021 | -€4,526 | -15.3% |
| Other amounts payable | 47/48 | €1,491,750 | €1,418,157 | -€73,593 | -4.9% |
| Remuneration, social security and pensions | 62 | €230,486 | €233,983 | +€3,497 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,929 | €51,364 | +€1,435 | +2.9% |
| Other operating charges | 640/8 | €2,644 | €2,860 | +€217 | +8.2% |
| Gross operating margin | 9900 | €452,711 | €544,323 | +€91,612 | +20.2% |
| Operating profit (loss) | 9901 | €169,652 | €256,116 | +€86,464 | +51.0% |
| Financial income | 75/76B | €12,618 | €12,373 | -€245 | -1.9% |
| Recurring financial income | 75 | €12,618 | €12,373 | -€245 | -1.9% |
| Financial charges | 65/66B | €1,861 | €421 | -€1,441 | -77.4% |
| Recurring financial charges | 65 | €1,861 | €421 | -€1,441 | -77.4% |
| Profit (loss) for the period before taxes | 9903 | €180,409 | €268,068 | +€87,659 | +48.6% |
| Income taxes | 67/77 | €58,979 | €72,079 | +€13,100 | +22.2% |
| Profit (loss) for the period | 9904 | €121,430 | €195,989 | +€74,559 | +61.4% |
| Profit (loss) for the period to be appropriated | 9905 | €121,430 | €195,989 | +€74,559 | +61.4% |
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.