SCHELLAERT METALS: 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.
SCHELLAERT METALS
Largest movements
- Cash -€841,235
down €841,235 (-80.7%), from €1.0m to €201,633
mainly Investment in fixed assets (net) (-€489,785) and Receivables within one year (-€168,477)
- Tangible fixed assets +€356,945
up €356,945 (+73.8%), from €483,704 to €840,649
of which Land and buildings: +€198,954
- Receivables within one year +€168,477
up €168,477 (+281.1%), from €59,930 to €228,407
of which Other amounts receivable: +€95,041
- Stocks and contracts +€30,980
up €30,980 (+5.7%), from €543,150 to €574,129
- Reserves -€256,196
down €256,196 (-13.4%), from €1.9m to €1.6m
of which Distributable reserves: -€256,196
- Gross operating margin -€342,904
down €342,904 (-93.5%), from €366,920 to €24,016
- Taxes -€38,842
down €38,842 (-98.8%), from €39,317 to €475
- Depreciation +€7,580
up €7,580 (+6.0%), from €125,410 to €132,990
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 | €2,137,590 | €1,853,712 | -€283,879 | -13.3% |
| Fixed assets | 21/28 | €484,130 | €840,925 | +€356,795 | +73.7% |
| Intangible fixed assets | 21 | €426 | €276 | -€150 | -35.2% |
| Tangible fixed assets | 22/27 | €483,704 | €840,649 | +€356,945 | +73.8% |
| Land and buildings | 22 | €230,596 | €429,549 | +€198,954 | +86.3% |
| Plant, machinery and equipment | 23 | €182,179 | €309,769 | +€127,590 | +70.0% |
| Furniture and vehicles | 24 | €70,929 | €101,330 | +€30,401 | +42.9% |
| Current assets | 29/58 | €1,653,461 | €1,012,787 | -€640,674 | -38.7% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €543,150 | €574,129 | +€30,980 | +5.7% |
| Stocks | 30/36 | €543,150 | €574,129 | +€30,980 | +5.7% |
| Amounts receivable within one year | 40/41 | €59,930 | €228,407 | +€168,477 | +281.1% |
| Trade receivables | 40 | €8,690 | €82,127 | +€73,436 | +845.0% |
| Other amounts receivable | 41 | €51,240 | €146,280 | +€95,041 | +185.5% |
| Cash at bank and in hand | 54/58 | €1,042,868 | €201,633 | -€841,235 | -80.7% |
| Deferred charges and accrued income | 490/1 | €7,513 | €8,617 | +€1,104 | +14.7% |
| Total equity and liabilities | 10/49 | €2,137,590 | €1,853,712 | -€283,879 | -13.3% |
| Equity | 10/15 | €1,925,380 | €1,669,184 | -€256,196 | -13.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,905,380 | €1,649,184 | -€256,196 | -13.4% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €1,849,130 | €1,592,934 | -€256,196 | -13.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €212,210 | €184,527 | -€27,683 | -13.0% |
| Amounts payable within one year | 42/48 | €191,682 | €156,271 | -€35,411 | -18.5% |
| Trade debts | 44 | €14,235 | €12,909 | -€1,326 | -9.3% |
| Suppliers | 440/4 | €14,235 | €12,909 | -€1,326 | -9.3% |
| Taxes, remuneration and social security | 45 | €21,523 | €4,133 | -€17,390 | -80.8% |
| Taxes | 450/3 | €21,523 | €4,133 | -€17,390 | -80.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €155,924 | €139,229 | -€16,695 | -10.7% |
| Accrued charges and deferred income | 492/3 | €20,528 | €28,256 | +€7,728 | +37.6% |
| Non-recurring operating income | 76A | - | €3,500 | +€3,500 | |
| Remuneration, social security and pensions | 62 | -€50 | €0 | +€50 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €125,410 | €132,990 | +€7,580 | +6.0% |
| Other operating charges | 640/8 | €17,959 | €20,231 | +€2,272 | +12.7% |
| Non-recurring operating charges | 66A | €0 | €1,732 | +€1,732 | |
| Gross operating margin | 9900 | €366,920 | €24,016 | -€342,904 | -93.5% |
| Operating profit (loss) | 9901 | €223,601 | -€130,938 | -€354,539 | |
| Financial income | 75/76B | €769 | €2,985 | +€2,216 | +288.1% |
| Recurring financial income | 75 | €769 | €2,985 | +€2,216 | +288.1% |
| Financial charges | 65/66B | €10,893 | €7,768 | -€3,125 | -28.7% |
| Recurring financial charges | 65 | €10,893 | €7,768 | -€3,125 | -28.7% |
| Profit (loss) for the period before taxes | 9903 | €213,477 | -€135,721 | -€349,197 | |
| Income taxes | 67/77 | €39,317 | €475 | -€38,842 | -98.8% |
| Profit (loss) for the period | 9904 | €174,160 | -€136,196 | -€310,356 | |
| Profit (loss) for the period to be appropriated | 9905 | €174,160 | -€136,196 | -€310,356 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.