SCHEPENS & DECOSTER: 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.
SCHEPENS & DECOSTER
Largest movements
- Receivables within one year +€35,502
up €35,502 (+26.9%), from €131,815 to €167,317
of which Trade receivables: +€40,293
- Cash +€26,935
up €26,935 (+65.9%), from €40,886 to €67,821
mainly Trade debts (+€66,730) and Depreciation (+€2,263)
- Trade debts +€66,730
up €66,730 (+47.0%), from €141,885 to €208,615
- Reserves -€4,870
down €4,870 (-18.4%), from €26,462 to €21,592
- Write-downs +€13,355
up €13,355 (+345.5%), from €3,866 to €17,221
- Gross operating margin +€6,282
up €6,282 (+7.9%), from €79,493 to €85,775
- Taxes -€3,422
down €3,422 (-79.2%), from €4,324 to €901
- Other operating charges +€1,988
up €1,988 (+8.3%), from €24,039 to €26,026
- Financial income +€986
up €986 (+56.3%), from €1,752 to €2,738
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 | €180,849 | €242,339 | +€61,490 | +34.0% |
| Fixed assets | 21/28 | €6,123 | €3,860 | -€2,263 | -37.0% |
| Tangible fixed assets | 22/27 | €6,123 | €3,860 | -€2,263 | -37.0% |
| Plant, machinery and equipment | 23 | €6,123 | €3,860 | -€2,263 | -37.0% |
| Current assets | 29/58 | €174,725 | €238,479 | +€63,753 | +36.5% |
| Amounts receivable within one year | 40/41 | €131,815 | €167,317 | +€35,502 | +26.9% |
| Trade receivables | 40 | €92,279 | €132,572 | +€40,293 | +43.7% |
| Other amounts receivable | 41 | €39,536 | €34,745 | -€4,791 | -12.1% |
| Cash at bank and in hand | 54/58 | €40,886 | €67,821 | +€26,935 | +65.9% |
| Deferred charges and accrued income | 490/1 | €2,024 | €3,341 | +€1,317 | +65.1% |
| Total equity and liabilities | 10/49 | €180,849 | €242,339 | +€61,490 | +34.0% |
| Equity | 10/15 | €32,662 | €27,792 | -€4,870 | -14.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €26,462 | €21,592 | -€4,870 | -18.4% |
| Distributable reserves | 133 | €26,462 | €21,592 | -€4,870 | -18.4% |
| Amounts payable | 17/49 | €148,187 | €214,547 | +€66,360 | +44.8% |
| Amounts payable within one year | 42/48 | €148,123 | €214,547 | +€66,424 | +44.8% |
| Financial debts | 43 | €151 | - | -€151 | |
| Credit institutions | 430/8 | €151 | - | -€151 | |
| Trade debts | 44 | €141,885 | €208,615 | +€66,730 | +47.0% |
| Suppliers | 440/4 | €141,885 | €208,615 | +€66,730 | +47.0% |
| Taxes, remuneration and social security | 45 | €6,087 | €5,932 | -€155 | -2.6% |
| Taxes | 450/3 | €322 | - | -€322 | |
| Remuneration and social security | 454/9 | €5,765 | €5,932 | +€167 | +2.9% |
| Accrued charges and deferred income | 492/3 | €64 | - | -€64 | |
| Remuneration, social security and pensions | 62 | €39,767 | €40,606 | +€839 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,263 | €2,263 | +€0 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,866 | €17,221 | +€13,355 | +345.5% |
| Other operating charges | 640/8 | €24,039 | €26,026 | +€1,988 | +8.3% |
| Gross operating margin | 9900 | €79,493 | €85,775 | +€6,282 | +7.9% |
| Operating profit (loss) | 9901 | €9,559 | -€342 | -€9,901 | |
| Financial income | 75/76B | €1,752 | €2,738 | +€986 | +56.3% |
| Recurring financial income | 75 | €1,752 | €2,738 | +€986 | +56.3% |
| Financial charges | 65/66B | €972 | €1,050 | +€78 | +8.0% |
| Recurring financial charges | 65 | €972 | €1,050 | +€78 | +8.0% |
| Profit (loss) for the period before taxes | 9903 | €10,339 | €1,346 | -€8,993 | -87.0% |
| Income taxes | 67/77 | €4,324 | €901 | -€3,422 | -79.2% |
| Profit (loss) for the period | 9904 | €6,015 | €445 | -€5,570 | -92.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,015 | €445 | -€5,570 | -92.6% |
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 30 September 2026 via checked.be.