Schellens Pit Group: 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.
Schellens Pit Group
Largest movements
- Receivables within one year -€26,728
down €26,728 (-98.6%), from €27,116 to €389
of which Trade receivables: -€21,727
- Tangible fixed assets +€10,676
new in 2024: €10,676
of which Plant, machinery and equipment: +€6,794
- Financial fixed assets +€2,600
new in 2024: €2,600
- Cash -€1,288
down €1,288 (-13.9%), from €9,247 to €7,959
mainly Contributions, distributions and other (-€49,812) and Investment in fixed assets (net) (-€18,696)
- Profit (loss) carried forward -€50,085
down €50,085 (-297.1%), from -€16,858 to -€66,943
- Trade debts +€36,363
new in 2024: €36,363
- Tax, wage and social debts -€1,018
down €1,018 (-9.0%), from €11,338 to €10,320
of which Taxes: -€1,018
- Turnover +€103,947
new in 2024: €103,947
- Purchases and services +€94,007
new in 2024: €94,007
- Gross operating margin +€26,447
up €26,447, from -€16,507 to €9,939
- Depreciation +€5,420
new in 2024: €5,420
- Staff costs +€4,362
new in 2024: €4,362
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,363 | €21,623 | -€14,740 | -40.5% |
| Fixed assets | 21/28 | - | €13,276 | +€13,276 | |
| Tangible fixed assets | 22/27 | - | €10,676 | +€10,676 | |
| Plant, machinery and equipment | 23 | - | €6,794 | +€6,794 | |
| Furniture and vehicles | 24 | - | €1,375 | +€1,375 | |
| Other tangible fixed assets | 26 | - | €2,507 | +€2,507 | |
| Financial fixed assets | 28 | - | €2,600 | +€2,600 | |
| Current assets | 29/58 | €36,363 | €8,347 | -€28,016 | -77.0% |
| Amounts receivable within one year | 40/41 | €27,116 | €389 | -€26,728 | -98.6% |
| Trade receivables | 40 | €21,727 | - | -€21,727 | |
| Other amounts receivable | 41 | €5,390 | €389 | -€5,001 | -92.8% |
| Cash at bank and in hand | 54/58 | €9,247 | €7,959 | -€1,288 | -13.9% |
| Total equity and liabilities | 10/49 | €36,363 | €21,623 | -€14,740 | -40.5% |
| Equity | 10/15 | -€11,858 | -€61,943 | -€50,085 | -422.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,858 | -€66,943 | -€50,085 | -297.1% |
| Amounts payable | 17/49 | €48,221 | €83,566 | +€35,345 | +73.3% |
| Amounts payable within one year | 42/48 | €48,221 | €83,566 | +€35,345 | +73.3% |
| Trade debts | 44 | - | €36,363 | +€36,363 | |
| Suppliers | 440/4 | - | €36,363 | +€36,363 | |
| Taxes, remuneration and social security | 45 | €11,338 | €10,320 | -€1,018 | -9.0% |
| Taxes | 450/3 | €2,303 | €1,285 | -€1,018 | -44.2% |
| Remuneration and social security | 454/9 | €9,035 | €9,035 | = | 0.0% |
| Other amounts payable | 47/48 | €36,883 | €36,883 | = | 0.0% |
| Turnover | 70 | - | €103,947 | +€103,947 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €94,007 | +€94,007 | |
| Remuneration, social security and pensions | 62 | - | €4,362 | +€4,362 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,420 | +€5,420 | |
| Other operating charges | 640/8 | €229 | - | -€229 | |
| Gross operating margin | 9900 | -€16,507 | €9,939 | +€26,447 | |
| Operating profit (loss) | 9901 | -€16,736 | €157 | +€16,893 | |
| Financial charges | 65/66B | €122 | €114 | -€7 | -6.1% |
| Recurring financial charges | 65 | €122 | €114 | -€7 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | -€16,858 | €43 | +€16,901 | |
| Income taxes | 67/77 | - | €316 | +€316 | |
| Profit (loss) for the period | 9904 | -€16,858 | -€273 | +€16,585 | +98.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,858 | -€273 | +€16,585 | +98.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.