Scherpschutter: 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.
Scherpschutter
Largest movements
- Cash +€41,541
up €41,541 (+206%), from €20,182 to €61,723
mainly Other debts (+€58,284) and Net result for the year (+€22,422)
- Receivables within one year +€32,355
up €32,355 (+88.0%), from €36,771 to €69,126
of which Trade receivables: +€32,439
- Current investments -€17,854
down €17,854 (-36.8%), from €48,530 to €30,676
- Other debts +€58,284
up €58,284 (+2,223%), from €2,622 to €60,905
- Reserves -€25,122
down €25,122 (-29.1%), from €86,474 to €61,352
- Trade debts +€11,277
up €11,277 (+126%), from €8,926 to €20,202
- Tax, wage and social debts +€10,451
up €10,451 (+197%), from €5,294 to €15,746
of which Taxes: +€8,096
- Gross operating margin +€25,395
up €25,395 (+523%), from €4,857 to €30,252
- Taxes +€6,245
up €6,245 (+402%), from €1,554 to €7,799
- Financial income -€538
down €538 (-43.2%), from €1,247 to €709
- Financial charges -€373
down €373 (-75.5%), from €494 to €121
- Other operating charges -€355
down €355 (-71.2%), from €500 to €144
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 | €108,251 | €162,867 | +€54,617 | +50.5% |
| Fixed assets | 21/28 | €1,074 | €599 | -€475 | -44.2% |
| Tangible fixed assets | 22/27 | €1,074 | €599 | -€475 | -44.2% |
| Other tangible fixed assets | 26 | €1,074 | €599 | -€475 | -44.2% |
| Current assets | 29/58 | €107,177 | €162,268 | +€55,092 | +51.4% |
| Amounts receivable within one year | 40/41 | €36,771 | €69,126 | +€32,355 | +88.0% |
| Trade receivables | 40 | €36,688 | €69,126 | +€32,439 | +88.4% |
| Other amounts receivable | 41 | €83 | €0 | -€83 | -100% |
| Current investments | 50/53 | €48,530 | €30,676 | -€17,854 | -36.8% |
| Cash at bank and in hand | 54/58 | €20,182 | €61,723 | +€41,541 | +206% |
| Deferred charges and accrued income | 490/1 | €1,693 | €743 | -€951 | -56.1% |
| Total equity and liabilities | 10/49 | €108,251 | €162,867 | +€54,617 | +50.5% |
| Equity | 10/15 | €90,474 | €65,352 | -€25,122 | -27.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €86,474 | €61,352 | -€25,122 | -29.1% |
| Distributable reserves | 133 | €86,474 | €61,352 | -€25,122 | -29.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €17,777 | €97,515 | +€79,738 | +449% |
| Amounts payable within one year | 42/48 | €17,777 | €97,515 | +€79,738 | +449% |
| Financial debts | 43 | €330 | €661 | +€332 | +101% |
| Credit institutions | 430/8 | €330 | €661 | +€332 | +101% |
| Trade debts | 44 | €8,926 | €20,202 | +€11,277 | +126% |
| Suppliers | 440/4 | €8,926 | €20,202 | +€11,277 | +126% |
| Advances received on contracts in progress | 46 | €605 | €0 | -€605 | -100% |
| Taxes, remuneration and social security | 45 | €5,294 | €15,746 | +€10,451 | +197% |
| Taxes | 450/3 | €5,294 | €13,391 | +€8,096 | +153% |
| Remuneration and social security | 454/9 | €0 | €2,355 | +€2,355 | |
| Other amounts payable | 47/48 | €2,622 | €60,905 | +€58,284 | +2,223% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €475 | €475 | +€0 | 0.0% |
| Other operating charges | 640/8 | €500 | €144 | -€355 | -71.2% |
| Gross operating margin | 9900 | €4,857 | €30,252 | +€25,395 | +523% |
| Operating profit (loss) | 9901 | €3,882 | €29,633 | +€25,750 | +663% |
| Financial income | 75/76B | €1,247 | €709 | -€538 | -43.2% |
| Recurring financial income | 75 | €1,247 | €709 | -€538 | -43.2% |
| Financial charges | 65/66B | €494 | €121 | -€373 | -75.5% |
| Recurring financial charges | 65 | €494 | €121 | -€373 | -75.5% |
| Profit (loss) for the period before taxes | 9903 | €4,635 | €30,221 | +€25,585 | +552% |
| Income taxes | 67/77 | €1,554 | €7,799 | +€6,245 | +402% |
| Profit (loss) for the period | 9904 | €3,081 | €22,422 | +€19,340 | +628% |
| Profit (loss) for the period to be appropriated | 9905 | €3,081 | €22,422 | +€19,340 | +628% |
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.