SCHELFHOUT ENGINEERING: 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.
SCHELFHOUT ENGINEERING
Largest movements
- Current investments -€5,000
down €5,000 (-10.0%), from €50,000 to €45,000
- Receivables within one year +€4,628
up €4,628 (+37.2%), from €12,448 to €17,075
of which Other amounts receivable: +€5,489
- Deferred charges and accrued income +€1,510
up €1,510 (+402%), from €376 to €1,886
- Reserves +€7,007
up €7,007 (+15.8%), from €44,311 to €51,319
- Tax, wage and social debts -€5,407
down €5,407 (-31.4%), from €17,206 to €11,799
of which Taxes: -€4,812
- Trade debts -€937
down €937 (-19.3%), from €4,852 to €3,915
- Gross operating margin -€2,345
down €2,345 (-17.5%), from €13,395 to €11,050
- Financial income +€876
up €876 (+662%), from €132 to €1,008
- Taxes -€276
down €276 (-9.6%), from €2,885 to €2,609
- Other operating charges -€212
down €212 (-15.2%), from €1,394 to €1,182
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 | €85,912 | €86,792 | +€880 | +1.0% |
| Fixed assets | 21/28 | €2,766 | €2,005 | -€762 | -27.5% |
| Tangible fixed assets | 22/27 | €2,766 | €2,005 | -€762 | -27.5% |
| Furniture and vehicles | 24 | €2,766 | €2,005 | -€762 | -27.5% |
| Current assets | 29/58 | €83,146 | €84,787 | +€1,641 | +2.0% |
| Amounts receivable within one year | 40/41 | €12,448 | €17,075 | +€4,628 | +37.2% |
| Trade receivables | 40 | €12,284 | €11,422 | -€861 | -7.0% |
| Other amounts receivable | 41 | €164 | €5,653 | +€5,489 | +3,339% |
| Current investments | 50/53 | €50,000 | €45,000 | -€5,000 | -10.0% |
| Cash at bank and in hand | 54/58 | €20,322 | €20,826 | +€504 | +2.5% |
| Deferred charges and accrued income | 490/1 | €376 | €1,886 | +€1,510 | +402% |
| Total equity and liabilities | 10/49 | €85,912 | €86,792 | +€880 | +1.0% |
| Equity | 10/15 | €59,311 | €66,319 | +€7,007 | +11.8% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €44,311 | €51,319 | +€7,007 | +15.8% |
| Distributable reserves | 133 | €44,311 | €51,319 | +€7,007 | +15.8% |
| Amounts payable | 17/49 | €26,601 | €20,473 | -€6,128 | -23.0% |
| Amounts payable within one year | 42/48 | €26,331 | €19,792 | -€6,538 | -24.8% |
| Trade debts | 44 | €4,852 | €3,915 | -€937 | -19.3% |
| Suppliers | 440/4 | €4,852 | €3,915 | -€937 | -19.3% |
| Taxes, remuneration and social security | 45 | €17,206 | €11,799 | -€5,407 | -31.4% |
| Taxes | 450/3 | €14,410 | €9,598 | -€4,812 | -33.4% |
| Remuneration and social security | 454/9 | €2,796 | €2,201 | -€595 | -21.3% |
| Other amounts payable | 47/48 | €4,273 | €4,078 | -€194 | -4.6% |
| Accrued charges and deferred income | 492/3 | €270 | €680 | +€410 | +152% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €760 | €762 | +€2 | +0.3% |
| Other operating charges | 640/8 | €1,394 | €1,182 | -€212 | -15.2% |
| Gross operating margin | 9900 | €13,395 | €11,050 | -€2,345 | -17.5% |
| Operating profit (loss) | 9901 | €11,241 | €9,106 | -€2,135 | -19.0% |
| Financial income | 75/76B | €132 | €1,008 | +€876 | +662% |
| Recurring financial income | 75 | €132 | €1,008 | +€876 | +662% |
| Financial charges | 65/66B | €378 | €499 | +€120 | +31.8% |
| Recurring financial charges | 65 | €378 | €499 | +€120 | +31.8% |
| Profit (loss) for the period before taxes | 9903 | €10,995 | €9,616 | -€1,379 | -12.5% |
| Income taxes | 67/77 | €2,885 | €2,609 | -€276 | -9.6% |
| Profit (loss) for the period | 9904 | €8,110 | €7,007 | -€1,103 | -13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,110 | €7,007 | -€1,103 | -13.6% |
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 24 October 2026 via checked.be.