SCHEPENS INVEST: 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 INVEST
Largest movements
- Tangible fixed assets -€21,257
down €21,257 (-5.2%), from €410,550 to €389,292
of which Land and buildings: -€15,760
- Receivables within one year +€20,117
up €20,117 (+252%), from €7,986 to €28,103
of which Trade receivables: +€19,837
- Debts after one year -€29,472
down €29,472 (-29.2%), from €100,820 to €71,348
- Profit (loss) carried forward +€11,034
up €11,034 (+14.9%), from €73,878 to €84,912
- Trade debts +€10,866
up €10,866 (+30.8%), from €35,269 to €46,136
of which Suppliers: +€12,609
- Other debts +€7,856
up €7,856 (+4.8%), from €164,683 to €172,539
- Turnover +€17,561
up €17,561 (+3,632%), from €483 to €18,045
- Gross operating margin +€17,350
up €17,350 (+56.1%), from €30,938 to €48,287
- Depreciation +€1,403
up €1,403 (+5.5%), from €25,607 to €27,010
- Financial charges -€1,146
down €1,146 (-17.8%), from €6,435 to €5,289
- Financial income -€984
down €984 (-29.0%), from €3,390 to €2,406
of which Financial income: -€984
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 | €421,107 | €419,297 | -€1,811 | -0.4% |
| Fixed assets | 21/28 | €410,625 | €389,367 | -€21,257 | -5.2% |
| Tangible fixed assets | 22/27 | €410,550 | €389,292 | -€21,257 | -5.2% |
| Land and buildings | 22 | €359,849 | €344,090 | -€15,760 | -4.4% |
| Furniture and vehicles | 24 | €10,192 | €10,741 | +€549 | +5.4% |
| Other tangible fixed assets | 26 | €40,509 | €34,462 | -€6,047 | -14.9% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €10,483 | €29,930 | +€19,447 | +186% |
| Amounts receivable within one year | 40/41 | €7,986 | €28,103 | +€20,117 | +252% |
| Trade receivables | 40 | €6,966 | €26,803 | +€19,837 | +285% |
| Other amounts receivable | 41 | €1,020 | €1,300 | +€280 | +27.5% |
| Cash at bank and in hand | 54/58 | €897 | €29 | -€869 | -96.8% |
| Deferred charges and accrued income | 490/1 | €1,600 | €1,798 | +€198 | +12.4% |
| Total equity and liabilities | 10/49 | €421,107 | €419,297 | -€1,811 | -0.4% |
| Equity | 10/15 | €81,938 | €92,972 | +€11,034 | +13.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,878 | €84,912 | +€11,034 | +14.9% |
| Amounts payable | 17/49 | €339,169 | €326,325 | -€12,844 | -3.8% |
| Amounts payable after more than one year | 17 | €100,820 | €71,348 | -€29,472 | -29.2% |
| Financial debts | 170/4 | €100,820 | €71,348 | -€29,472 | -29.2% |
| Amounts payable within one year | 42/48 | €238,157 | €254,951 | +€16,794 | +7.1% |
| Current portion of amounts payable after more than one year | 42 | €31,185 | €29,772 | -€1,413 | -4.5% |
| Trade debts | 44 | €35,269 | €46,136 | +€10,866 | +30.8% |
| Suppliers | 440/4 | €28,594 | €41,203 | +€12,609 | +44.1% |
| Bills of exchange payable | 441 | €6,675 | €4,933 | -€1,742 | -26.1% |
| Taxes, remuneration and social security | 45 | €7,019 | €6,505 | -€514 | -7.3% |
| Taxes | 450/3 | €7,019 | €6,505 | -€514 | -7.3% |
| Other amounts payable | 47/48 | €164,683 | €172,539 | +€7,856 | +4.8% |
| Accrued charges and deferred income | 492/3 | €193 | €26 | -€167 | -86.4% |
| Turnover | 70 | €483 | €18,045 | +€17,561 | +3,632% |
| Goods, raw materials, services and sundry goods | 60/61 | €32,189 | €33,067 | +€878 | +2.7% |
| Remuneration, social security and pensions | 62 | €161 | - | -€161 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,607 | €27,010 | +€1,403 | +5.5% |
| Other operating charges | 640/8 | €7,366 | €7,361 | -€5 | -0.1% |
| Gross operating margin | 9900 | €30,938 | €48,287 | +€17,350 | +56.1% |
| Operating profit (loss) | 9901 | -€2,196 | €13,917 | +€16,113 | |
| Financial income | 75/76B | €3,390 | €2,406 | -€984 | -29.0% |
| Recurring financial income | 75 | €3,390 | €2,406 | -€984 | -29.0% |
| Non-recurring financial income | 76B | €3,390 | €2,406 | -€984 | -29.0% |
| Financial charges | 65/66B | €6,435 | €5,289 | -€1,146 | -17.8% |
| Recurring financial charges | 65 | €6,435 | €5,289 | -€1,146 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | -€5,241 | €11,034 | +€16,275 | |
| Profit (loss) for the period | 9904 | -€5,241 | €11,034 | +€16,275 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,241 | €11,034 | +€16,275 |
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 19 October 2026 via checked.be.