Schelfhout Electro: 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 Electro
Largest movements
- Cash +€72,940
up €72,940 (+39.9%), from €182,890 to €255,830
mainly Stocks and contracts (+€38,809) and Net result for the year (+€22,403)
- Stocks and contracts -€38,809
down €38,809 (-63.5%), from €61,090 to €22,281
- Tangible fixed assets -€9,995
down €9,995 (-57.2%), from €17,477 to €7,482
of which Furniture and vehicles: -€9,995
- Reserves +€22,000
up €22,000 (+13.3%), from €165,845 to €187,845
of which Distributable reserves: +€22,000
- Trade debts -€19,730
down €19,730 (-86.8%), from €22,739 to €3,009
- Tax, wage and social debts +€12,132
up €12,132 (+284.5%), from €4,264 to €16,396
of which Taxes: +€14,882
- Other debts +€7,720
up €7,720 (+86.3%), from €8,946 to €16,666
- Gross operating margin +€8,635
up €8,635 (+23.2%), from €37,251 to €45,886
- Taxes +€5,315
up €5,315 (+90.2%), from €5,891 to €11,206
- Other operating charges -€2,547
down €2,547 (-69.6%), from €3,659 to €1,112
- Financial charges -€960
down €960 (-45.0%), from €2,134 to €1,174
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.
Cash bridge derived
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 | €266,825 | €289,350 | +€22,525 | +8.4% |
| Fixed assets | 21/28 | €17,527 | €7,532 | -€9,995 | -57.0% |
| Tangible fixed assets | 22/27 | €17,477 | €7,482 | -€9,995 | -57.2% |
| Land and buildings | 22 | €0 | - | = | |
| Furniture and vehicles | 24 | €17,477 | €7,482 | -€9,995 | -57.2% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €249,298 | €281,818 | +€32,520 | +13.0% |
| Stocks and contracts in progress | 3 | €61,090 | €22,281 | -€38,809 | -63.5% |
| Stocks | 30/36 | €61,090 | €22,281 | -€38,809 | -63.5% |
| Amounts receivable within one year | 40/41 | €5,318 | €3,707 | -€1,611 | -30.3% |
| Trade receivables | 40 | €2,709 | €1,098 | -€1,611 | -59.5% |
| Other amounts receivable | 41 | €2,609 | €2,609 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €182,890 | €255,830 | +€72,940 | +39.9% |
| Total equity and liabilities | 10/49 | €266,825 | €289,350 | +€22,525 | +8.4% |
| Equity | 10/15 | €230,875 | €253,278 | +€22,403 | +9.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €165,845 | €187,845 | +€22,000 | +13.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €163,985 | €185,985 | +€22,000 | +13.4% |
| Profit (loss) carried forward | 14 | €58,830 | €59,233 | +€403 | +0.7% |
| Amounts payable | 17/49 | €35,950 | €36,072 | +€122 | +0.3% |
| Amounts payable within one year | 42/48 | €35,950 | €36,072 | +€122 | +0.3% |
| Trade debts | 44 | €22,739 | €3,009 | -€19,730 | -86.8% |
| Suppliers | 440/4 | €22,739 | €3,009 | -€19,730 | -86.8% |
| Taxes, remuneration and social security | 45 | €4,264 | €16,396 | +€12,132 | +284.5% |
| Taxes | 450/3 | €1,514 | €16,396 | +€14,882 | +982.9% |
| Remuneration and social security | 454/9 | €2,750 | - | -€2,750 | |
| Other amounts payable | 47/48 | €8,946 | €16,666 | +€7,720 | +86.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,182 | €9,994 | -€188 | -1.8% |
| Other operating charges | 640/8 | €3,659 | €1,112 | -€2,547 | -69.6% |
| Gross operating margin | 9900 | €37,251 | €45,886 | +€8,635 | +23.2% |
| Operating profit (loss) | 9901 | €23,410 | €34,780 | +€11,370 | +48.6% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Non-recurring financial income | 76B | - | €2 | +€2 | |
| Financial charges | 65/66B | €2,134 | €1,174 | -€960 | -45.0% |
| Recurring financial charges | 65 | €2,134 | €1,174 | -€960 | -45.0% |
| Profit (loss) for the period before taxes | 9903 | €21,276 | €33,608 | +€12,332 | +58.0% |
| Income taxes | 67/77 | €5,891 | €11,206 | +€5,315 | +90.2% |
| Profit (loss) for the period | 9904 | €15,386 | €22,403 | +€7,017 | +45.6% |
| Profit (loss) for the period to be appropriated | 9905 | €15,386 | €22,403 | +€7,017 | +45.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.