SCHEPENS WILLY & Co: 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 WILLY & Co
Largest movements
- Cash -€137,083
down €137,083 (-32.3%), from €424,777 to €287,695
mainly Contributions, distributions and other (-€90,000) and Other debts (-€50,072)
- Tangible fixed assets -€41,361
down €41,361 (-4.9%), from €845,504 to €804,143
of which Land and buildings: -€31,240
- Reserves -€90,000
down €90,000 (-11.2%), from €805,208 to €715,208
of which Distributable reserves: -€90,000
- Other debts -€50,072
down €50,072 (-93.8%), from €53,369 to €3,297
- Profit (loss) carried forward -€25,538
down €25,538 (-10.0%), from €255,101 to €229,563
- Debts after one year -€21,906
down €21,906 (-25.3%), from €86,478 to €64,572
- Gross operating margin -€6,414
down €6,414 (-23.9%), from €26,800 to €20,386
- Financial income +€5,201
up €5,201 (+2,822%), from €184 to €5,386
- Other operating charges +€3,226
up €3,226 (+169%), from €1,913 to €5,139
- Taxes +€2,069
up €2,069 (+356%), from €581 to €2,650
- Financial charges -€390
down €390 (-15.3%), from €2,549 to €2,159
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 | €1,291,289 | €1,097,760 | -€193,529 | -15.0% |
| Fixed assets | 21/28 | €845,729 | €804,368 | -€41,361 | -4.9% |
| Tangible fixed assets | 22/27 | €845,504 | €804,143 | -€41,361 | -4.9% |
| Land and buildings | 22 | €811,190 | €779,950 | -€31,240 | -3.9% |
| Plant, machinery and equipment | 23 | €1,077 | €663 | -€414 | -38.4% |
| Furniture and vehicles | 24 | €25,489 | €16,992 | -€8,496 | -33.3% |
| Other tangible fixed assets | 26 | €7,749 | €6,538 | -€1,211 | -15.6% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €445,560 | €293,393 | -€152,168 | -34.2% |
| Amounts receivable within one year | 40/41 | €8,304 | - | -€8,304 | |
| Other amounts receivable | 41 | €8,304 | - | -€8,304 | |
| Current investments | 50/53 | €10,500 | - | -€10,500 | |
| Cash at bank and in hand | 54/58 | €424,777 | €287,695 | -€137,083 | -32.3% |
| Deferred charges and accrued income | 490/1 | €1,979 | €5,698 | +€3,719 | +188% |
| Total equity and liabilities | 10/49 | €1,291,289 | €1,097,760 | -€193,529 | -15.0% |
| Equity | 10/15 | €1,122,282 | €1,006,744 | -€115,538 | -10.3% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €805,208 | €715,208 | -€90,000 | -11.2% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €16,497 | €16,497 | = | 0.0% |
| Distributable reserves | 133 | €782,513 | €692,513 | -€90,000 | -11.5% |
| Profit (loss) carried forward | 14 | €255,101 | €229,563 | -€25,538 | -10.0% |
| Amounts payable | 17/49 | €169,007 | €91,016 | -€77,991 | -46.1% |
| Amounts payable after more than one year | 17 | €86,478 | €64,572 | -€21,906 | -25.3% |
| Financial debts | 170/4 | €86,478 | €64,572 | -€21,906 | -25.3% |
| Amounts payable within one year | 42/48 | €81,654 | €25,569 | -€56,085 | -68.7% |
| Current portion of amounts payable after more than one year | 42 | €27,338 | €21,906 | -€5,432 | -19.9% |
| Trade debts | 44 | €421 | €290 | -€131 | -31.0% |
| Suppliers | 440/4 | €421 | €290 | -€131 | -31.0% |
| Taxes, remuneration and social security | 45 | €526 | €76 | -€450 | -85.6% |
| Taxes | 450/3 | €526 | €76 | -€450 | -85.6% |
| Other amounts payable | 47/48 | €53,369 | €3,297 | -€50,072 | -93.8% |
| Accrued charges and deferred income | 492/3 | €875 | €875 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,067 | €41,361 | +€294 | +0.7% |
| Other operating charges | 640/8 | €1,913 | €5,139 | +€3,226 | +169% |
| Gross operating margin | 9900 | €26,800 | €20,386 | -€6,414 | -23.9% |
| Operating profit (loss) | 9901 | -€16,181 | -€26,115 | -€9,934 | -61.4% |
| Financial income | 75/76B | €184 | €5,386 | +€5,201 | +2,822% |
| Recurring financial income | 75 | €184 | €5,386 | +€5,201 | +2,822% |
| Financial charges | 65/66B | €2,549 | €2,159 | -€390 | -15.3% |
| Recurring financial charges | 65 | €2,549 | €2,159 | -€390 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | -€18,546 | -€22,888 | -€4,342 | -23.4% |
| Income taxes | 67/77 | €581 | €2,650 | +€2,069 | +356% |
| Profit (loss) for the period | 9904 | -€19,127 | -€25,538 | -€6,411 | -33.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,127 | -€25,538 | -€6,411 | -33.5% |
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 20 October 2026 via checked.be.