SCHELLENS: 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.
SCHELLENS
Largest movements
- Receivables within one year -€14,971
down €14,971 (-64.9%), from €23,057 to €8,086
of which Trade receivables: -€13,956
- Tangible fixed assets -€12,542
down €12,542 (-32.8%), from €38,296 to €25,754
- Cash +€8,064
up €8,064 (+2243.1%), from €360 to €8,424
mainly Receivables within one year (+€14,971) and Depreciation (+€12,542)
- Deferred charges and accrued income -€4,768
down €4,768 (-53.2%), from €8,962 to €4,194
- Profit (loss) carried forward -€9,461
new in 2025: -€9,461
- Debts after one year -€9,332
down €9,332 (-37.3%), from €25,013 to €15,681
- Reserves -€2,608
down €2,608 (-100.0%), from €2,608 to €0
- Trade debts -€1,410
down €1,410 (-57.4%), from €2,456 to €1,045
- Short-term financial debts -€986
down €986 (-100.0%), from €986 to €0
- Gross operating margin -€8,566
down €8,566 (-69.9%), from €12,252 to €3,686
- Depreciation +€6,271
up €6,271 (+100.0%), from €6,271 to €12,542
- Financial charges -€1,344
down €1,344 (-34.5%), from €3,899 to €2,555
- Other operating charges -€746
down €746 (-62.7%), from €1,190 to €444
- Taxes -€299
down €299 (-58.2%), from €513 to €214
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 | €70,675 | €46,458 | -€24,217 | -34.3% |
| Fixed assets | 21/28 | €38,296 | €25,754 | -€12,542 | -32.8% |
| Tangible fixed assets | 22/27 | €38,296 | €25,754 | -€12,542 | -32.8% |
| Furniture and vehicles | 24 | €38,296 | €25,754 | -€12,542 | -32.8% |
| Current assets | 29/58 | €32,379 | €20,704 | -€11,675 | -36.1% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €23,057 | €8,086 | -€14,971 | -64.9% |
| Trade receivables | 40 | €21,184 | €7,228 | -€13,956 | -65.9% |
| Other amounts receivable | 41 | €1,874 | €859 | -€1,015 | -54.2% |
| Cash at bank and in hand | 54/58 | €360 | €8,424 | +€8,064 | +2243.1% |
| Deferred charges and accrued income | 490/1 | €8,962 | €4,194 | -€4,768 | -53.2% |
| Total equity and liabilities | 10/49 | €70,675 | €46,458 | -€24,217 | -34.3% |
| Equity | 10/15 | €21,200 | €9,131 | -€12,069 | -56.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €2,608 | €0 | -€2,608 | -100.0% |
| Distributable reserves | 133 | €2,608 | €0 | -€2,608 | -100.0% |
| Profit (loss) carried forward | 14 | - | -€9,461 | -€9,461 | |
| Amounts payable | 17/49 | €49,475 | €37,327 | -€12,147 | -24.6% |
| Amounts payable after more than one year | 17 | €25,013 | €15,681 | -€9,332 | -37.3% |
| Financial debts | 170/4 | €25,013 | €15,681 | -€9,332 | -37.3% |
| Amounts payable within one year | 42/48 | €24,462 | €21,647 | -€2,816 | -11.5% |
| Current portion of amounts payable after more than one year | 42 | €9,127 | €9,332 | +€204 | +2.2% |
| Financial debts | 43 | €986 | €0 | -€986 | -100.0% |
| Credit institutions | 430/8 | €986 | €0 | -€986 | -100.0% |
| Trade debts | 44 | €2,456 | €1,045 | -€1,410 | -57.4% |
| Suppliers | 440/4 | €2,456 | €1,045 | -€1,410 | -57.4% |
| Taxes, remuneration and social security | 45 | €841 | €811 | -€30 | -3.6% |
| Taxes | 450/3 | €841 | €811 | -€30 | -3.6% |
| Other amounts payable | 47/48 | €11,053 | €10,459 | -€594 | -5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,271 | €12,542 | +€6,271 | +100.0% |
| Other operating charges | 640/8 | €1,190 | €444 | -€746 | -62.7% |
| Gross operating margin | 9900 | €12,252 | €3,686 | -€8,566 | -69.9% |
| Operating profit (loss) | 9901 | €4,791 | -€9,300 | -€14,091 | |
| Financial income | 75/76B | €18 | €0 | -€18 | -99.9% |
| Recurring financial income | 75 | €18 | €0 | -€18 | -99.9% |
| Financial charges | 65/66B | €3,899 | €2,555 | -€1,344 | -34.5% |
| Recurring financial charges | 65 | €3,899 | €2,555 | -€1,344 | -34.5% |
| Profit (loss) for the period before taxes | 9903 | €910 | -€11,855 | -€12,765 | |
| Income taxes | 67/77 | €513 | €214 | -€299 | -58.2% |
| Profit (loss) for the period | 9904 | €397 | -€12,069 | -€12,467 | |
| Profit (loss) for the period to be appropriated | 9905 | €397 | -€12,069 | -€12,467 |
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 11 October 2026 via checked.be.