SCHEPERS - VANDERSTEEN: 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.
SCHEPERS - VANDERSTEEN
Largest movements
- Cash -€21,333
down €21,333 (-73.9%), from €28,882 to €7,549
mainly Deferred charges and accrued income (-€16,170) and Net result for the year (-€10,590)
- Deferred charges and accrued income +€16,170
up €16,170 (+79.4%), from €20,358 to €36,528
- Reserves -€10,590
down €10,590 (-39.8%), from €26,614 to €16,024
of which Distributable reserves: -€10,590
- Trade debts +€3,757
up €3,757 (+4.3%), from €88,041 to €91,798
- Gross operating margin -€21,197
down €21,197, from €11,405 to -€9,792
- Taxes -€2,522
down €2,522 (-100%), from €2,522 to €0
- Depreciation -€499
down €499 (-99.5%), from €502 to €3
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 | €147,471 | €141,793 | -€5,678 | -3.9% |
| Fixed assets | 21/28 | €3 | €0 | -€3 | -100% |
| Tangible fixed assets | 22/27 | €3 | €0 | -€3 | -100% |
| Plant, machinery and equipment | 23 | €3 | €0 | -€3 | -100% |
| Current assets | 29/58 | €147,468 | €141,793 | -€5,675 | -3.8% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €98,228 | €97,717 | -€512 | -0.5% |
| Trade receivables | 40 | €82,560 | €95,217 | +€12,657 | +15.3% |
| Other amounts receivable | 41 | €15,669 | €2,500 | -€13,169 | -84.0% |
| Cash at bank and in hand | 54/58 | €28,882 | €7,549 | -€21,333 | -73.9% |
| Deferred charges and accrued income | 490/1 | €20,358 | €36,528 | +€16,170 | +79.4% |
| Total equity and liabilities | 10/49 | €147,471 | €141,793 | -€5,678 | -3.9% |
| Equity | 10/15 | €45,214 | €34,624 | -€10,590 | -23.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €26,614 | €16,024 | -€10,590 | -39.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €24,754 | €14,164 | -€10,590 | -42.8% |
| Amounts payable | 17/49 | €102,257 | €107,169 | +€4,912 | +4.8% |
| Amounts payable within one year | 42/48 | €102,257 | €107,169 | +€4,912 | +4.8% |
| Trade debts | 44 | €88,041 | €91,798 | +€3,757 | +4.3% |
| Suppliers | 440/4 | €88,041 | €91,798 | +€3,757 | +4.3% |
| Taxes, remuneration and social security | 45 | €0 | €675 | +€675 | |
| Taxes | 450/3 | €0 | €675 | +€675 | |
| Other amounts payable | 47/48 | €14,216 | €14,696 | +€480 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €502 | €3 | -€499 | -99.5% |
| Other operating charges | 640/8 | €472 | €487 | +€15 | +3.2% |
| Gross operating margin | 9900 | €11,405 | -€9,792 | -€21,197 | |
| Operating profit (loss) | 9901 | €10,431 | -€10,282 | -€20,713 | |
| Financial charges | 65/66B | €344 | €308 | -€36 | -10.5% |
| Recurring financial charges | 65 | €344 | €308 | -€36 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €10,087 | -€10,590 | -€20,677 | |
| Income taxes | 67/77 | €2,522 | €0 | -€2,522 | -100% |
| Profit (loss) for the period | 9904 | €7,565 | -€10,590 | -€18,155 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,565 | -€10,590 | -€18,155 |
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 24 October 2026 via checked.be.