SCHELFHOUT: what changed
Two fiscal 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.
SCHELFHOUT
Largest movements
- Tangible fixed assets +€21,923
up €21,923 (+378.2%), from €5,796 to €27,719
of which Leasing and similar rights: +€24,376
- Receivables within one year -€4,785
down €4,785 (-20.1%), from €23,752 to €18,967
of which Other amounts receivable: -€2,734
- Cash -€3,957
down €3,957 (-100.0%), from €3,957 to €0
mainly Investment in fixed assets (net) (-€27,595) and Trade debts (-€5,171)
- Deferred charges and accrued income -€658
down €658 (-100.0%), from €658 to €0
- Debts after one year +€12,094
up €12,094 (+739.0%), from €1,637 to €13,731
- Trade debts -€5,171
down €5,171 (-74.0%), from €6,991 to €1,820
- Advances received -€4,571
down €4,571 (-100.0%), from €4,571 to €0
- Current portion of long-term debt +€4,190
new in 2024: €4,190
- Short-term financial debts +€3,844
new in 2024: €3,844
- Purchases and services -€18,779
no longer reported in 2024 (was €18,779)
- Gross operating margin +€14,065
up €14,065, from -€6,249 to €7,816
- Depreciation +€3,221
up €3,221 (+131.4%), from €2,452 to €5,673
- Financial income +€1,130
up €1,130 (+22547.9%), from €5 to €1,135
- Financial charges +€555
up €555 (+191.5%), from €290 to €845
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,785 | €49,397 | +€12,613 | +34.3% |
| Fixed assets | 21/28 | €6,146 | €28,068 | +€21,923 | +356.7% |
| Tangible fixed assets | 22/27 | €5,796 | €27,719 | +€21,923 | +378.2% |
| Plant, machinery and equipment | 23 | €3,785 | €1,869 | -€1,916 | -50.6% |
| Furniture and vehicles | 24 | €2,011 | €1,474 | -€537 | -26.7% |
| Leasing and similar rights | 25 | - | €24,376 | +€24,376 | |
| Financial fixed assets | 28 | €350 | €350 | = | 0.0% |
| Current assets | 29/58 | €30,639 | €21,329 | -€9,310 | -30.4% |
| Stocks and contracts in progress | 3 | €2,271 | €2,362 | +€91 | +4.0% |
| Stocks | 30/36 | €2,271 | €2,362 | +€91 | +4.0% |
| Amounts receivable within one year | 40/41 | €23,752 | €18,967 | -€4,785 | -20.1% |
| Trade receivables | 40 | €2,052 | €0 | -€2,052 | -100.0% |
| Other amounts receivable | 41 | €21,701 | €18,967 | -€2,734 | -12.6% |
| Cash at bank and in hand | 54/58 | €3,957 | €0 | -€3,957 | -100.0% |
| Deferred charges and accrued income | 490/1 | €658 | €0 | -€658 | -100.0% |
| Total equity and liabilities | 10/49 | €36,785 | €49,397 | +€12,613 | +34.3% |
| Equity | 10/15 | €21,770 | €23,520 | +€1,751 | +8.0% |
| Contributions | 10/11 | €67,500 | €67,500 | = | 0.0% |
| Reserves | 13 | €3,456 | €3,456 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €1,556 | €1,556 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,187 | -€47,436 | +€1,751 | +3.6% |
| Amounts payable | 17/49 | €15,015 | €25,877 | +€10,862 | +72.3% |
| Amounts payable after more than one year | 17 | €1,637 | €13,731 | +€12,094 | +739.0% |
| Financial debts | 170/4 | €1,637 | €13,731 | +€12,094 | +739.0% |
| Amounts payable within one year | 42/48 | €13,379 | €11,746 | -€1,632 | -12.2% |
| Current portion of amounts payable after more than one year | 42 | - | €4,190 | +€4,190 | |
| Financial debts | 43 | - | €3,844 | +€3,844 | |
| Credit institutions | 430/8 | - | €3,844 | +€3,844 | |
| Trade debts | 44 | €6,991 | €1,820 | -€5,171 | -74.0% |
| Suppliers | 440/4 | €6,991 | €1,820 | -€5,171 | -74.0% |
| Advances received on contracts in progress | 46 | €4,571 | €0 | -€4,571 | -100.0% |
| Taxes, remuneration and social security | 45 | €1,817 | €1,893 | +€76 | +4.2% |
| Taxes | 450/3 | €1,817 | €1,893 | +€76 | +4.2% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Non-recurring operating income | 76A | - | €10,331 | +€10,331 | |
| Goods, raw materials, services and sundry goods | 60/61 | €18,779 | - | -€18,779 | |
| Remuneration, social security and pensions | 62 | €288 | €0 | -€288 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,452 | €5,673 | +€3,221 | +131.4% |
| Other operating charges | 640/8 | €731 | €683 | -€48 | -6.5% |
| Gross operating margin | 9900 | -€6,249 | €7,816 | +€14,065 | |
| Operating profit (loss) | 9901 | -€9,719 | €1,461 | +€11,180 | |
| Financial income | 75/76B | €5 | €1,135 | +€1,130 | +22547.9% |
| Recurring financial income | 75 | €5 | €1,135 | +€1,130 | +22547.9% |
| Financial charges | 65/66B | €290 | €845 | +€555 | +191.5% |
| Recurring financial charges | 65 | €290 | €845 | +€555 | +191.5% |
| Profit (loss) for the period before taxes | 9903 | -€10,004 | €1,751 | +€11,754 | |
| Profit (loss) for the period | 9904 | -€10,004 | €1,751 | +€11,754 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,004 | €1,751 | +€11,754 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.