SCHELSTRAETE: 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.
SCHELSTRAETE
Largest movements
- Receivables within one year -€7,049
down €7,049 (-30.6%), from €23,054 to €16,005
of which Trade receivables: -€7,335
- Stocks and contracts +€2,050
up €2,050 (+4.1%), from €49,450 to €51,500
- Cash +€1,569
up €1,569 (+12.8%), from €12,280 to €13,848
mainly Receivables within one year (+€7,049) and Current portion of long-term debt (+€4,910)
- Tangible fixed assets +€1,142
up €1,142 (+27.0%), from €4,231 to €5,373
of which Furniture and vehicles: +€1,768
- Other debts -€7,761
down €7,761 (-24.2%), from €32,042 to €24,282
- Current portion of long-term debt +€4,910
new in 2025: €4,910
- Trade debts +€931
up €931 (+455%), from €205 to €1,136
- Gross operating margin -€4,130
down €4,130 (-47.0%), from €8,780 to €4,650
- Financial income -€932
down €932 (-58.8%), from €1,587 to €655
- Other operating charges +€506
up €506 (+429%), from €118 to €625
- Depreciation +€490
up €490 (+17.5%), from €2,803 to €3,293
- Taxes -€436
down €436 (-37.7%), from €1,154 to €719
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 | €89,403 | €87,333 | -€2,070 | -2.3% |
| Fixed assets | 21/28 | €4,231 | €5,373 | +€1,142 | +27.0% |
| Tangible fixed assets | 22/27 | €4,231 | €5,373 | +€1,142 | +27.0% |
| Land and buildings | 22 | €1,205 | €963 | -€242 | -20.1% |
| Plant, machinery and equipment | 23 | €2,572 | €2,266 | -€306 | -11.9% |
| Furniture and vehicles | 24 | - | €1,768 | +€1,768 | |
| Other tangible fixed assets | 26 | €454 | €375 | -€79 | -17.4% |
| Current assets | 29/58 | €85,172 | €81,960 | -€3,212 | -3.8% |
| Stocks and contracts in progress | 3 | €49,450 | €51,500 | +€2,050 | +4.1% |
| Stocks | 30/36 | €49,450 | €51,500 | +€2,050 | +4.1% |
| Amounts receivable within one year | 40/41 | €23,054 | €16,005 | -€7,049 | -30.6% |
| Trade receivables | 40 | €12,611 | €5,276 | -€7,335 | -58.2% |
| Other amounts receivable | 41 | €10,443 | €10,729 | +€286 | +2.7% |
| Cash at bank and in hand | 54/58 | €12,280 | €13,848 | +€1,569 | +12.8% |
| Deferred charges and accrued income | 490/1 | €388 | €607 | +€219 | +56.5% |
| Total equity and liabilities | 10/49 | €89,403 | €87,333 | -€2,070 | -2.3% |
| Equity | 10/15 | €56,066 | €56,330 | +€264 | +0.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €43,666 | €43,930 | +€264 | +0.6% |
| Distributable reserves | 133 | €43,666 | €43,930 | +€264 | +0.6% |
| Amounts payable | 17/49 | €33,337 | €31,003 | -€2,334 | -7.0% |
| Amounts payable within one year | 42/48 | €32,247 | €30,328 | -€1,919 | -6.0% |
| Current portion of amounts payable after more than one year | 42 | - | €4,910 | +€4,910 | |
| Trade debts | 44 | €205 | €1,136 | +€931 | +455% |
| Suppliers | 440/4 | €205 | €1,136 | +€931 | +455% |
| Other amounts payable | 47/48 | €32,042 | €24,282 | -€7,761 | -24.2% |
| Accrued charges and deferred income | 492/3 | €1,090 | €675 | -€415 | -38.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,803 | €3,293 | +€490 | +17.5% |
| Other operating charges | 640/8 | €118 | €625 | +€506 | +429% |
| Gross operating margin | 9900 | €8,780 | €4,650 | -€4,130 | -47.0% |
| Operating profit (loss) | 9901 | €5,859 | €733 | -€5,126 | -87.5% |
| Financial income | 75/76B | €1,587 | €655 | -€932 | -58.8% |
| Recurring financial income | 75 | €1,587 | €655 | -€932 | -58.8% |
| Financial charges | 65/66B | €814 | €404 | -€410 | -50.3% |
| Recurring financial charges | 65 | €814 | €404 | -€410 | -50.3% |
| Profit (loss) for the period before taxes | 9903 | €6,632 | €983 | -€5,649 | -85.2% |
| Income taxes | 67/77 | €1,154 | €719 | -€436 | -37.7% |
| Profit (loss) for the period | 9904 | €5,478 | €264 | -€5,213 | -95.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,478 | €264 | -€5,213 | -95.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.