SCHELFHOUT SERVICES: what changed
What changed
SCHELFHOUT SERVICES
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
filed annual accounts (NBB)
Net result for the year
€7,171
2024 · -€11,256+€18,427
Equity
€148,515
2024 · €141,344+€7,171
Cash
€86,991
2024 · €52,344+€34,647
Balance sheet total
€321,445
2024 · €356,867-€35,422
Largest movements
Assets
- Receivables within one year -€74,219
down €74,219 (-34.4%), from €215,825 to €141,607
of which Trade receivables: -€46,224
- Cash +€34,647
up €34,647 (+66.2%), from €52,344 to €86,991
mainly Receivables within one year (+€74,219) and Net result for the year (+€7,171)
- Tangible fixed assets +€6,444
up €6,444 (+8.9%), from €72,448 to €78,893
of which Land and buildings: +€3,721
Equity and liabilities
- Trade debts -€38,574
down €38,574 (-29.2%), from €132,325 to €93,751
- Debts after one year -€7,750
down €7,750 (-55.3%), from €14,008 to €6,259
- Reserves +€7,171
up €7,171 (+6.5%), from €109,568 to €116,739
Income statement
- Staff costs -€87,968
down €87,968 (-16.7%), from €527,186 to €439,218
- Gross operating margin -€63,340
down €63,340 (-12.0%), from €526,605 to €463,264
- Taxes +€6,360
up €6,360 (+1,025%), from €620 to €6,981
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€11,256
Gross operating margin
-€63,340
Staff costs
+€87,968
Depreciation
-€868
Other operating charges
-€112
Financial income
+€876
Financial charges
+€264
Taxes
-€6,360
Result 2025
€7,171
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€53,812
Investment
-€11,621
Financing
-€7,545
Cash 2024
€52,344
From operations (derived)
+€53,812
Net result for the year
+€7,171
Depreciation
+€5,176
Stocks and contracts
+€1,737
Receivables within one year
+€74,219
Deferred charges and accrued income
+€558
Trade debts
-€38,574
Tax, wage and social debts
+€3,526
Investment (derived)
-€11,621
Investment in fixed assets (net)
-€11,621
Financing
-€7,545
Debts after one year
-€7,750
Current portion of long-term debt
+€205
Cash 2025
€86,991
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €356,867 | €321,445 | -€35,422 | -9.9% |
| Fixed assets | 21/28 | €72,811 | €79,256 | +€6,444 | +8.9% |
| Tangible fixed assets | 22/27 | €72,448 | €78,893 | +€6,444 | +8.9% |
| Land and buildings | 22 | €68,954 | €72,675 | +€3,721 | +5.4% |
| Plant, machinery and equipment | 23 | €3,494 | €6,218 | +€2,723 | +77.9% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €284,056 | €242,189 | -€41,867 | -14.7% |
| Stocks and contracts in progress | 3 | €9,877 | €8,140 | -€1,737 | -17.6% |
| Stocks | 30/36 | €5,000 | €5,000 | = | 0.0% |
| Contracts in progress | 37 | €4,877 | €3,140 | -€1,737 | -35.6% |
| Amounts receivable within one year | 40/41 | €215,825 | €141,607 | -€74,219 | -34.4% |
| Trade receivables | 40 | €187,830 | €141,607 | -€46,224 | -24.6% |
| Other amounts receivable | 41 | €27,995 | - | -€27,995 | |
| Cash at bank and in hand | 54/58 | €52,344 | €86,991 | +€34,647 | +66.2% |
| Deferred charges and accrued income | 490/1 | €6,009 | €5,451 | -€558 | -9.3% |
| Total equity and liabilities | 10/49 | €356,867 | €321,445 | -€35,422 | -9.9% |
| Equity | 10/15 | €141,344 | €148,515 | +€7,171 | +5.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €13,175 | €13,175 | = | 0.0% |
| Reserves | 13 | €109,568 | €116,739 | +€7,171 | +6.5% |
| Distributable reserves | 133 | €109,568 | €116,739 | +€7,171 | +6.5% |
| Provisions and deferred taxes | 16 | €6,784 | €6,784 | = | 0.0% |
| Deferred taxes | 168 | €6,784 | €6,784 | = | 0.0% |
| Amounts payable | 17/49 | €208,739 | €166,146 | -€42,593 | -20.4% |
| Amounts payable after more than one year | 17 | €14,008 | €6,259 | -€7,750 | -55.3% |
| Financial debts | 170/4 | €14,008 | €6,259 | -€7,750 | -55.3% |
| Amounts payable within one year | 42/48 | €194,731 | €159,887 | -€34,843 | -17.9% |
| Current portion of amounts payable after more than one year | 42 | €7,410 | €7,615 | +€205 | +2.8% |
| Trade debts | 44 | €132,325 | €93,751 | -€38,574 | -29.2% |
| Suppliers | 440/4 | €132,325 | €93,751 | -€38,574 | -29.2% |
| Taxes, remuneration and social security | 45 | €54,996 | €58,522 | +€3,526 | +6.4% |
| Taxes | 450/3 | €13,131 | €25,416 | +€12,285 | +93.6% |
| Remuneration and social security | 454/9 | €41,865 | €33,106 | -€8,759 | -20.9% |
| Non-recurring operating income | 76A | - | €1,653 | +€1,653 | |
| Remuneration, social security and pensions | 62 | €527,186 | €439,218 | -€87,968 | -16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,308 | €5,176 | +€868 | +20.2% |
| Other operating charges | 640/8 | €4,505 | €4,617 | +€112 | +2.5% |
| Gross operating margin | 9900 | €526,605 | €463,264 | -€63,340 | -12.0% |
| Operating profit (loss) | 9901 | -€9,394 | €14,253 | +€23,647 | |
| Financial income | 75/76B | €355 | €1,231 | +€876 | +247% |
| Recurring financial income | 75 | €355 | €1,231 | +€876 | +247% |
| Financial charges | 65/66B | €1,597 | €1,333 | -€264 | -16.5% |
| Recurring financial charges | 65 | €1,597 | €1,333 | -€264 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | -€10,635 | €14,152 | +€24,787 | |
| Income taxes | 67/77 | €620 | €6,981 | +€6,360 | +1,025% |
| Profit (loss) for the period | 9904 | -€11,256 | €7,171 | +€18,427 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,256 | €7,171 | +€18,427 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.