SCHEPENS EN PARTNERS: 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.
SCHEPENS EN PARTNERS
Largest movements
- Cash +€396,264
up €396,264 (+154%), from €257,552 to €653,816
mainly Net result for the year (+€571,163) and Other debts (+€288,246)
- Current investments -€200,953
no longer reported in 2025 (was €200,953)
- Deferred charges and accrued income -€31,835
down €31,835 (-90.2%), from €35,276 to €3,441
- Other debts +€288,246
up €288,246 (+57.9%), from €497,497 to €785,743
- Trade debts -€110,001
down €110,001 (-84.5%), from €130,124 to €20,123
of which Bills of exchange payable: -€111,068
- Tax, wage and social debts -€32,986
down €32,986 (-41.4%), from €79,632 to €46,647
of which Taxes: -€31,934
- Gross operating margin +€176,991
up €176,991 (+28.7%), from €617,379 to €794,370
- Other operating charges -€11,901
down €11,901 (-25.7%), from €46,385 to €34,484
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 | €851,616 | €1,015,291 | +€163,675 | +19.2% |
| Fixed assets | 21/28 | €20,742 | €20,458 | -€284 | -1.4% |
| Tangible fixed assets | 22/27 | €20,742 | €20,458 | -€284 | -1.4% |
| Plant, machinery and equipment | 23 | €13,045 | €15,327 | +€2,282 | +17.5% |
| Other tangible fixed assets | 26 | €7,697 | €5,131 | -€2,566 | -33.3% |
| Current assets | 29/58 | €830,874 | €994,833 | +€163,959 | +19.7% |
| Amounts receivable within one year | 40/41 | €337,093 | €337,576 | +€483 | +0.1% |
| Trade receivables | 40 | €245,311 | €245,794 | +€483 | +0.2% |
| Other amounts receivable | 41 | €91,782 | €91,782 | = | 0.0% |
| Current investments | 50/53 | €200,953 | - | -€200,953 | |
| Cash at bank and in hand | 54/58 | €257,552 | €653,816 | +€396,264 | +154% |
| Deferred charges and accrued income | 490/1 | €35,276 | €3,441 | -€31,835 | -90.2% |
| Total equity and liabilities | 10/49 | €851,616 | €1,015,291 | +€163,675 | +19.2% |
| Equity | 10/15 | €118,053 | €118,216 | +€163 | +0.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €9,048 | €9,048 | = | 0.0% |
| Tax-exempt reserves | 132 | €42 | €42 | = | 0.0% |
| Distributable reserves | 133 | €9,006 | €9,006 | = | 0.0% |
| Profit (loss) carried forward | 14 | €90,413 | €90,577 | +€163 | +0.2% |
| Amounts payable | 17/49 | €733,563 | €897,075 | +€163,512 | +22.3% |
| Amounts payable after more than one year | 17 | - | €9,329 | +€9,329 | |
| Financial debts | 170/4 | - | €9,329 | +€9,329 | |
| Amounts payable within one year | 42/48 | €707,253 | €857,386 | +€150,134 | +21.2% |
| Current portion of amounts payable after more than one year | 42 | - | €4,874 | +€4,874 | |
| Trade debts | 44 | €130,124 | €20,123 | -€110,001 | -84.5% |
| Suppliers | 440/4 | €19,055 | €20,123 | +€1,068 | +5.6% |
| Bills of exchange payable | 441 | €111,068 | - | -€111,068 | |
| Taxes, remuneration and social security | 45 | €79,632 | €46,647 | -€32,986 | -41.4% |
| Taxes | 450/3 | €59,422 | €27,489 | -€31,934 | -53.7% |
| Remuneration and social security | 454/9 | €20,210 | €19,158 | -€1,052 | -5.2% |
| Other amounts payable | 47/48 | €497,497 | €785,743 | +€288,246 | +57.9% |
| Accrued charges and deferred income | 492/3 | €26,310 | €30,360 | +€4,050 | +15.4% |
| Remuneration, social security and pensions | 62 | €169,894 | €177,735 | +€7,841 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,969 | €10,205 | +€2,235 | +28.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€7,627 | -€1,482 | +€6,145 | +80.6% |
| Other operating charges | 640/8 | €46,385 | €34,484 | -€11,901 | -25.7% |
| Gross operating margin | 9900 | €617,379 | €794,370 | +€176,991 | +28.7% |
| Operating profit (loss) | 9901 | €400,757 | €573,428 | +€172,671 | +43.1% |
| Financial income | 75/76B | €1,363 | €2,149 | +€786 | +57.6% |
| Recurring financial income | 75 | €1,363 | €2,149 | +€786 | +57.6% |
| Financial charges | 65/66B | €1,910 | €2,552 | +€642 | +33.6% |
| Recurring financial charges | 65 | €1,910 | €2,552 | +€642 | +33.6% |
| Profit (loss) for the period before taxes | 9903 | €400,210 | €573,024 | +€172,814 | +43.2% |
| Income taxes | 67/77 | €1,137 | €1,861 | +€724 | +63.7% |
| Profit (loss) for the period | 9904 | €399,073 | €571,163 | +€172,090 | +43.1% |
| Profit (loss) for the period to be appropriated | 9905 | €399,073 | €571,163 | +€172,090 | +43.1% |
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 15 October 2026 via checked.be.