scherper: 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.
scherper
Largest movements
- Tangible fixed assets -€14,629
down €14,629 (-5.1%), from €284,365 to €269,736
of which Land and buildings: -€9,009
- Receivables within one year +€10,475
up €10,475 (+103%), from €10,122 to €20,597
of which Trade receivables: +€10,410
- Current investments -€9,989
down €9,989 (-19.0%), from €52,507 to €42,518
- Cash -€8,331
down €8,331 (-30.9%), from €26,937 to €18,606
mainly Receivables within one year (-€10,475) and Debts after one year (-€8,773)
- Debts after one year -€8,773
down €8,773 (-4.1%), from €215,344 to €206,571
of which Financial debts: -€8,773
- Accrued charges and deferred income -€6,033
down €6,033 (-74.2%), from €8,133 to €2,100
- Gross operating margin -€23,256
down €23,256 (-44.6%), from €52,102 to €28,846
- Taxes -€6,472
down €6,472 (-80.9%), from €8,005 to €1,532
- Depreciation +€1,429
up €1,429 (+8.8%), from €16,224 to €17,653
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 | €375,150 | €352,246 | -€22,903 | -6.1% |
| Fixed assets | 21/28 | €284,450 | €269,736 | -€14,714 | -5.2% |
| Tangible fixed assets | 22/27 | €284,365 | €269,736 | -€14,629 | -5.1% |
| Land and buildings | 22 | €258,690 | €249,681 | -€9,009 | -3.5% |
| Plant, machinery and equipment | 23 | €7,390 | €3,792 | -€3,597 | -48.7% |
| Furniture and vehicles | 24 | €18,285 | €16,263 | -€2,022 | -11.1% |
| Financial fixed assets | 28 | €85 | €0 | -€85 | -100% |
| Current assets | 29/58 | €90,700 | €82,510 | -€8,190 | -9.0% |
| Amounts receivable within one year | 40/41 | €10,122 | €20,597 | +€10,475 | +103% |
| Trade receivables | 40 | €6,692 | €17,101 | +€10,410 | +156% |
| Other amounts receivable | 41 | €3,430 | €3,496 | +€65 | +1.9% |
| Current investments | 50/53 | €52,507 | €42,518 | -€9,989 | -19.0% |
| Cash at bank and in hand | 54/58 | €26,937 | €18,606 | -€8,331 | -30.9% |
| Deferred charges and accrued income | 490/1 | €1,134 | €790 | -€344 | -30.3% |
| Total equity and liabilities | 10/49 | €375,150 | €352,246 | -€22,903 | -6.1% |
| Equity | 10/15 | €122,183 | €120,134 | -€2,049 | -1.7% |
| Contributions | 10/11 | €54,000 | €54,000 | = | 0.0% |
| Reserves | 13 | €68,183 | €66,134 | -€2,049 | -3.0% |
| Distributable reserves | 133 | €68,183 | €66,134 | -€2,049 | -3.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €252,967 | €232,112 | -€20,855 | -8.2% |
| Amounts payable after more than one year | 17 | €215,344 | €206,571 | -€8,773 | -4.1% |
| Financial debts | 170/4 | €175,344 | €166,571 | -€8,773 | -5.0% |
| Other amounts payable | 178/9 | €40,000 | €40,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €29,489 | €23,441 | -€6,049 | -20.5% |
| Current portion of amounts payable after more than one year | 42 | €8,608 | €8,773 | +€165 | +1.9% |
| Financial debts | 43 | €587 | €1 | -€586 | -99.8% |
| Credit institutions | 430/8 | €587 | €1 | -€586 | -99.8% |
| Trade debts | 44 | €1,701 | €387 | -€1,315 | -77.3% |
| Suppliers | 440/4 | €1,701 | €387 | -€1,315 | -77.3% |
| Taxes, remuneration and social security | 45 | €14,640 | €10,948 | -€3,692 | -25.2% |
| Taxes | 450/3 | €10,974 | €7,282 | -€3,692 | -33.6% |
| Remuneration and social security | 454/9 | €3,666 | €3,666 | = | 0.0% |
| Other amounts payable | 47/48 | €3,954 | €3,332 | -€622 | -15.7% |
| Accrued charges and deferred income | 492/3 | €8,133 | €2,100 | -€6,033 | -74.2% |
| Non-recurring operating income | 76A | €3,306 | €0 | -€3,306 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,224 | €17,653 | +€1,429 | +8.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €2,353 | €2,420 | +€66 | +2.8% |
| Gross operating margin | 9900 | €52,102 | €28,846 | -€23,256 | -44.6% |
| Operating profit (loss) | 9901 | €33,525 | €8,774 | -€24,751 | -73.8% |
| Financial income | 75/76B | €8 | €33 | +€24 | +299% |
| Recurring financial income | 75 | €8 | €33 | +€24 | +299% |
| Financial charges | 65/66B | €5,680 | €5,991 | +€311 | +5.5% |
| Recurring financial charges | 65 | €5,680 | €5,991 | +€311 | +5.5% |
| Profit (loss) for the period before taxes | 9903 | €27,853 | €2,815 | -€25,038 | -89.9% |
| Income taxes | 67/77 | €8,005 | €1,532 | -€6,472 | -80.9% |
| Profit (loss) for the period | 9904 | €19,848 | €1,283 | -€18,565 | -93.5% |
| Profit (loss) for the period to be appropriated | 9905 | €19,848 | €1,283 | -€18,565 | -93.5% |
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 17 October 2026 via checked.be.