SCHENK: 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.
What changed
SCHENK
NACE 46.349, Wholesale of beverages, general range
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€544,753
2024 · €410,803+€133,949
Equity
€2.1m
2024 · €2.1m+€44,753
Cash
€2.3m
2024 · €2.0m+€252,503
Balance sheet total
€9.1m
2024 · €9.6m-€472,152
Largest movements
Assets
- Receivables within one year -€855,541
down €855,541 (-20.6%), from €4.2m to €3.3m
of which Trade receivables: -€833,116
- Cash +€252,503
up €252,503 (+12.5%), from €2.0m to €2.3m
mainly Other debts (+€1.7m) and Receivables within one year (+€855,541)
- Deferred charges and accrued income +€220,019
up €220,019 (+620.4%), from €35,461 to €255,480
Equity and liabilities
- Debts after one year -€2.0m
no longer reported in 2025 (was €2.0m)
- Other debts +€1.7m
up €1.7m (+425.0%), from €400,000 to €2.1m
- Current portion of long-term debt -€218,996
no longer reported in 2025 (was €218,996)
Income statement
- Goods and materials -€316,945
down €316,945 (-1.3%), from €24.5m to €24.2m
of which Change in stocks: decrease (increase): -€502,071
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.
Result 2024
€410,803
Turnover
-€150,707
Other operating income
-€36,962
Goods and materials
+€316,945
Services and other goods
+€19,330
Staff costs
-€95,677
Depreciation
-€6,738
Write-downs
+€155,497
Other operating charges
-€34,905
Financial income
-€635
Financial charges
+€228
Taxes
-€32,425
Result 2025
€544,753
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.
From operations
+€3.0m
Investment
-€20,623
Financing
-€2.7m
Cash 2024
€2.0m
From operations (derived)
+€3.0m
Net result for the year
+€544,753
Depreciation
+€76,098
Stocks and contracts
+€33,658
Receivables within one year
+€855,541
Deferred charges and accrued income
-€220,019
Provisions
+€3,100
Trade debts
-€65,637
Tax, wage and social debts
+€77,864
Other debts
+€1.7m
Accrued charges and deferred income
-€13,235
Investment (derived)
-€20,623
Investment in fixed assets (net)
-€20,623
Financing
-€2.7m
Debts after one year
-€2.0m
Current portion of long-term debt
-€218,996
Contributions, distributions and other
-€500,000
Cash 2025
€2.3m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,612,150 | €9,139,998 | -€472,152 | -4.9% |
| Fixed assets | 21/28 | €407,910 | €352,435 | -€55,475 | -13.6% |
| Intangible fixed assets | 21 | €176,177 | €136,474 | -€39,703 | -22.5% |
| Tangible fixed assets | 22/27 | €220,811 | €205,039 | -€15,771 | -7.1% |
| Plant, machinery and equipment | 23 | €180,858 | €158,589 | -€22,269 | -12.3% |
| Furniture and vehicles | 24 | €39,952 | €46,450 | +€6,498 | +16.3% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €10,922 | €10,922 | = | 0.0% |
| Other financial fixed assets | 284/8 | €10,922 | €10,922 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €10,922 | €10,922 | = | 0.0% |
| Current assets | 29/58 | €9,204,240 | €8,787,563 | -€416,677 | -4.5% |
| Stocks and contracts in progress | 3 | €2,998,398 | €2,964,740 | -€33,658 | -1.1% |
| Stocks | 30/36 | €2,998,398 | €2,964,740 | -€33,658 | -1.1% |
| Goods purchased for resale | 34 | €2,998,398 | €2,964,740 | -€33,658 | -1.1% |
| Amounts receivable within one year | 40/41 | €4,153,512 | €3,297,970 | -€855,541 | -20.6% |
| Trade receivables | 40 | €4,119,908 | €3,286,792 | -€833,116 | -20.2% |
| Other amounts receivable | 41 | €33,604 | €11,179 | -€22,425 | -66.7% |
| Cash at bank and in hand | 54/58 | €2,016,870 | €2,269,373 | +€252,503 | +12.5% |
| Deferred charges and accrued income | 490/1 | €35,461 | €255,480 | +€220,019 | +620.4% |
| Total equity and liabilities | 10/49 | €9,612,150 | €9,139,998 | -€472,152 | -4.9% |
| Equity | 10/15 | €2,061,894 | €2,106,646 | +€44,753 | +2.2% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Capital | 10 | €1,000,000 | €1,000,000 | = | 0.0% |
| Issued capital | 100 | €1,000,000 | €1,000,000 | = | 0.0% |
| Reserves | 13 | €110,461 | €110,461 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100,000 | €100,000 | = | 0.0% |
| Legal reserve | 130 | €100,000 | €100,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,461 | €10,461 | = | 0.0% |
| Profit (loss) carried forward | 14 | €951,433 | €996,185 | +€44,753 | +4.7% |
| Provisions and deferred taxes | 16 | €6,200 | €9,300 | +€3,100 | +50.0% |
| Provisions for liabilities and charges | 160/5 | €6,200 | €9,300 | +€3,100 | +50.0% |
| Other liabilities and charges | 164/5 | €6,200 | €9,300 | +€3,100 | +50.0% |
| Amounts payable | 17/49 | €7,544,056 | €7,024,052 | -€520,004 | -6.9% |
| Amounts payable after more than one year | 17 | €2,000,000 | - | -€2.0m | |
| Other amounts payable | 178/9 | €2,000,000 | - | -€2.0m | |
| Amounts payable within one year | 42/48 | €5,447,150 | €6,940,381 | +€1.5m | +27.4% |
| Current portion of amounts payable after more than one year | 42 | €218,996 | - | -€218,996 | |
| Trade debts | 44 | €4,097,321 | €4,031,683 | -€65,637 | -1.6% |
| Suppliers | 440/4 | €4,097,321 | €4,031,683 | -€65,637 | -1.6% |
| Taxes, remuneration and social security | 45 | €730,833 | €808,697 | +€77,864 | +10.7% |
| Taxes | 450/3 | €484,615 | €434,840 | -€49,775 | -10.3% |
| Remuneration and social security | 454/9 | €246,217 | €373,857 | +€127,640 | +51.8% |
| Other amounts payable | 47/48 | €400,000 | €2,100,000 | +€1.7m | +425.0% |
| Accrued charges and deferred income | 492/3 | €96,906 | €83,672 | -€13,235 | -13.7% |
| Operating income | 70/76A | €29,671,250 | €29,483,580 | -€187,670 | -0.6% |
| Turnover | 70 | €28,712,946 | €28,562,239 | -€150,707 | -0.5% |
| Other operating income | 74 | €958,303 | €921,341 | -€36,962 | -3.9% |
| Operating charges | 60/66A | €28,958,279 | €28,603,827 | -€354,452 | -1.2% |
| Goods for resale, raw materials and consumables | 60 | €24,496,224 | €24,179,279 | -€316,945 | -1.3% |
| Purchases | 600/8 | €23,913,976 | €24,099,102 | +€185,126 | +0.8% |
| Change in stocks: decrease (increase) | 609 | €582,248 | €80,177 | -€502,071 | -86.2% |
| Services and other goods | 61 | €2,337,756 | €2,318,425 | -€19,330 | -0.8% |
| Remuneration, social security and pensions | 62 | €1,936,369 | €2,032,046 | +€95,677 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,360 | €76,098 | +€6,738 | +9.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €110,421 | -€45,076 | -€155,497 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €3,100 | €3,100 | = | 0.0% |
| Other operating charges | 640/8 | €5,050 | €39,955 | +€34,905 | +691.2% |
| Operating profit (loss) | 9901 | €712,971 | €879,753 | +€166,782 | +23.4% |
| Financial income | 75/76B | €19,181 | €18,545 | -€635 | -3.3% |
| Recurring financial income | 75 | €19,181 | €18,545 | -€635 | -3.3% |
| Other financial income | 752/9 | €19,181 | €18,545 | -€635 | -3.3% |
| Financial charges | 65/66B | €129,952 | €129,724 | -€228 | -0.2% |
| Recurring financial charges | 65 | €129,952 | €129,724 | -€228 | -0.2% |
| Debt charges | 650 | €116,260 | €119,669 | +€3,409 | +2.9% |
| Other financial charges | 652/9 | €13,692 | €10,056 | -€3,636 | -26.6% |
| Profit (loss) for the period before taxes | 9903 | €602,199 | €768,574 | +€166,375 | +27.6% |
| Income taxes | 67/77 | €191,396 | €223,821 | +€32,425 | +16.9% |
| Taxes | 670/3 | €195,000 | €230,000 | +€35,000 | +17.9% |
| Tax adjustments and reversals of tax provisions | 77 | €3,604 | €6,179 | +€2,575 | +71.4% |
| Profit (loss) for the period | 9904 | €410,803 | €544,753 | +€133,949 | +32.6% |
| Profit (loss) for the period to be appropriated | 9905 | €410,803 | €544,753 | +€133,949 | +32.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.