SCHERRENS JOHAN: 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.
SCHERRENS JOHAN
Largest movements
- Receivables within one year -€69,714
down €69,714 (-53.9%), from €129,239 to €59,525
of which Other amounts receivable: -€45,000
- Tangible fixed assets +€24,356
up €24,356 (+21.4%), from €113,756 to €138,112
of which Leasing and similar rights: +€42,609
- Cash +€15,216
up €15,216 (+63.2%), from €24,071 to €39,287
mainly Receivables within one year (+€69,714) and Depreciation (+€22,203)
- Deferred charges and accrued income +€6,409
up €6,409 (+376%), from €1,703 to €8,112
- Reserves -€29,307
down €29,307 (-23.8%), from €123,207 to €93,900
of which Distributable reserves: -€29,307
- Short-term financial debts -€18,876
down €18,876 (-100%), from €18,876 to €0
of which Credit institutions: -€12,401
- Current portion of long-term debt +€17,636
new in 2025: €17,636
- Debts after one year +€13,036
up €13,036 (+87.9%), from €14,835 to €27,871
- Trade debts -€7,978
down €7,978 (-57.8%), from €13,800 to €5,823
- Gross operating margin +€26,399
up €26,399 (+153%), from €17,308 to €43,706
- Other operating charges +€13,053
up €13,053 (+950%), from €1,375 to €14,427
- Depreciation -€4,160
down €4,160 (-15.8%), from €26,363 to €22,203
- Financial income +€2,797
up €2,797 (+632%), from €442 to €3,239
- Taxes +€891
up €891 (+504%), from €177 to €1,068
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 | €268,768 | €245,035 | -€23,733 | -8.8% |
| Fixed assets | 21/28 | €113,756 | €138,112 | +€24,356 | +21.4% |
| Tangible fixed assets | 22/27 | €113,756 | €138,112 | +€24,356 | +21.4% |
| Plant, machinery and equipment | 23 | €21,272 | €15,848 | -€5,425 | -25.5% |
| Furniture and vehicles | 24 | €92,484 | €79,655 | -€12,828 | -13.9% |
| Leasing and similar rights | 25 | - | €42,609 | +€42,609 | |
| Current assets | 29/58 | €155,012 | €106,923 | -€48,089 | -31.0% |
| Amounts receivable within one year | 40/41 | €129,239 | €59,525 | -€69,714 | -53.9% |
| Trade receivables | 40 | €49,239 | €24,525 | -€24,714 | -50.2% |
| Other amounts receivable | 41 | €80,000 | €35,000 | -€45,000 | -56.3% |
| Cash at bank and in hand | 54/58 | €24,071 | €39,287 | +€15,216 | +63.2% |
| Deferred charges and accrued income | 490/1 | €1,703 | €8,112 | +€6,409 | +376% |
| Total equity and liabilities | 10/49 | €268,768 | €245,035 | -€23,733 | -8.8% |
| Equity | 10/15 | €170,170 | €140,863 | -€29,307 | -17.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €123,207 | €93,900 | -€29,307 | -23.8% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €72,466 | €72,466 | = | 0.0% |
| Distributable reserves | 133 | €48,882 | €19,576 | -€29,307 | -60.0% |
| Profit (loss) carried forward | 14 | €28,371 | €28,371 | = | 0.0% |
| Amounts payable | 17/49 | €98,598 | €104,172 | +€5,574 | +5.7% |
| Amounts payable after more than one year | 17 | €14,835 | €27,871 | +€13,036 | +87.9% |
| Financial debts | 170/4 | €14,835 | €27,871 | +€13,036 | +87.9% |
| Amounts payable within one year | 42/48 | €83,661 | €76,301 | -€7,360 | -8.8% |
| Current portion of amounts payable after more than one year | 42 | - | €17,636 | +€17,636 | |
| Financial debts | 43 | €18,876 | €0 | -€18,876 | -100% |
| Credit institutions | 430/8 | €12,401 | €0 | -€12,401 | -100% |
| Other loans | 439 | €6,475 | €0 | -€6,475 | -100% |
| Trade debts | 44 | €13,800 | €5,823 | -€7,978 | -57.8% |
| Suppliers | 440/4 | €13,800 | €5,823 | -€7,978 | -57.8% |
| Taxes, remuneration and social security | 45 | €2,876 | €9,080 | +€6,204 | +216% |
| Taxes | 450/3 | €2,876 | €9,080 | +€6,204 | +216% |
| Other amounts payable | 47/48 | €48,108 | €43,762 | -€4,346 | -9.0% |
| Accrued charges and deferred income | 492/3 | €102 | €0 | -€102 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,363 | €22,203 | -€4,160 | -15.8% |
| Other operating charges | 640/8 | €1,375 | €14,427 | +€13,053 | +950% |
| Gross operating margin | 9900 | €17,308 | €43,706 | +€26,399 | +153% |
| Operating profit (loss) | 9901 | -€10,430 | €7,076 | +€17,505 | |
| Financial income | 75/76B | €442 | €3,239 | +€2,797 | +632% |
| Recurring financial income | 75 | €442 | €3,239 | +€2,797 | +632% |
| Financial charges | 65/66B | €2,143 | €1,553 | -€590 | -27.5% |
| Recurring financial charges | 65 | €2,143 | €1,553 | -€590 | -27.5% |
| Profit (loss) for the period before taxes | 9903 | -€12,130 | €8,761 | +€20,892 | |
| Income taxes | 67/77 | €177 | €1,068 | +€891 | +504% |
| Profit (loss) for the period | 9904 | -€12,307 | €7,693 | +€20,000 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,307 | €7,693 | +€20,000 |
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 23 October 2026 via checked.be.