SCHEVENEELS-C.S.A.: 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.
SCHEVENEELS-C.S.A.
Largest movements
- Receivables within one year -€67,425
down €67,425 (-70.9%), from €95,072 to €27,647
of which Trade receivables: -€67,516
- Cash +€58,783
up €58,783 (+124%), from €47,236 to €106,019
mainly Debts after one year (+€80,000) and Receivables within one year (+€67,425)
- Stocks and contracts -€35,245
down €35,245 (-14.7%), from €240,005 to €204,761
- Tangible fixed assets -€9,247
down €9,247 (-9.0%), from €102,365 to €93,118
of which Furniture and vehicles: -€9,799
- Debts after one year +€80,000
up €80,000 (+12.8%), from €625,906 to €705,906
- Profit (loss) carried forward -€58,157
down €58,157 (-6.1%), from -€960,491 to -€1.0m
- Advances received -€25,029
no longer reported in 2025 (was €25,029)
- Short-term financial debts -€20,000
down €20,000 (-9.2%), from €217,000 to €197,000
- Trade debts -€15,195
down €15,195 (-25.7%), from €59,191 to €43,996
- Depreciation -€13,015
down €13,015 (-65.6%), from €19,842 to €6,827
- Write-downs +€5,945
new in 2025: €5,945
- Gross operating margin -€5,741
down €5,741 (-95.8%), from -€5,993 to -€11,734
- Financial charges +€4,325
up €4,325 (+18.9%), from €22,916 to €27,242
- Financial income +€4,137
up €4,137 (+9,900%), from €42 to €4,179
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 | €485,744 | €432,928 | -€52,816 | -10.9% |
| Fixed assets | 21/28 | €102,525 | €93,278 | -€9,247 | -9.0% |
| Tangible fixed assets | 22/27 | €102,365 | €93,118 | -€9,247 | -9.0% |
| Land and buildings | 22 | €90,058 | €90,153 | +€95 | +0.1% |
| Plant, machinery and equipment | 23 | €1,318 | €1,774 | +€457 | +34.6% |
| Furniture and vehicles | 24 | €10,990 | €1,191 | -€9,799 | -89.2% |
| Financial fixed assets | 28 | €160 | €160 | = | 0.0% |
| Current assets | 29/58 | €383,219 | €339,650 | -€43,569 | -11.4% |
| Stocks and contracts in progress | 3 | €240,005 | €204,761 | -€35,245 | -14.7% |
| Stocks | 30/36 | €240,005 | €204,761 | -€35,245 | -14.7% |
| Amounts receivable within one year | 40/41 | €95,072 | €27,647 | -€67,425 | -70.9% |
| Trade receivables | 40 | €95,008 | €27,492 | -€67,516 | -71.1% |
| Other amounts receivable | 41 | €64 | €155 | +€91 | +142% |
| Cash at bank and in hand | 54/58 | €47,236 | €106,019 | +€58,783 | +124% |
| Deferred charges and accrued income | 490/1 | €905 | €1,224 | +€318 | +35.1% |
| Total equity and liabilities | 10/49 | €485,744 | €432,928 | -€52,816 | -10.9% |
| Equity | 10/15 | -€682,644 | -€740,801 | -€58,157 | -8.5% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €202,847 | €202,847 | = | 0.0% |
| Tax-exempt reserves | 132 | €29,077 | €29,077 | = | 0.0% |
| Distributable reserves | 133 | €173,771 | €173,771 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€960,491 | -€1,018,648 | -€58,157 | -6.1% |
| Amounts payable | 17/49 | €1,168,388 | €1,173,729 | +€5,342 | +0.5% |
| Amounts payable after more than one year | 17 | €625,906 | €705,906 | +€80,000 | +12.8% |
| Financial debts | 170/4 | €625,906 | €705,906 | +€80,000 | +12.8% |
| Amounts payable within one year | 42/48 | €542,345 | €467,678 | -€74,667 | -13.8% |
| Financial debts | 43 | €217,000 | €197,000 | -€20,000 | -9.2% |
| Credit institutions | 430/8 | €217,000 | €197,000 | -€20,000 | -9.2% |
| Trade debts | 44 | €59,191 | €43,996 | -€15,195 | -25.7% |
| Suppliers | 440/4 | €59,191 | €43,996 | -€15,195 | -25.7% |
| Advances received on contracts in progress | 46 | €25,029 | - | -€25,029 | |
| Taxes, remuneration and social security | 45 | €10,262 | €4,888 | -€5,374 | -52.4% |
| Taxes | 450/3 | €8,473 | €4,396 | -€4,077 | -48.1% |
| Remuneration and social security | 454/9 | €1,788 | €492 | -€1,297 | -72.5% |
| Other amounts payable | 47/48 | €230,863 | €221,794 | -€9,069 | -3.9% |
| Accrued charges and deferred income | 492/3 | €137 | €145 | +€9 | +6.2% |
| Non-recurring operating income | 76A | - | €2,547 | +€2,547 | |
| Remuneration, social security and pensions | 62 | €4,106 | €6,459 | +€2,353 | +57.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,842 | €6,827 | -€13,015 | -65.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,945 | +€5,945 | |
| Other operating charges | 640/8 | €4,698 | €3,989 | -€709 | -15.1% |
| Gross operating margin | 9900 | -€5,993 | -€11,734 | -€5,741 | -95.8% |
| Operating profit (loss) | 9901 | -€34,639 | -€34,953 | -€315 | -0.9% |
| Financial income | 75/76B | €42 | €4,179 | +€4,137 | +9,900% |
| Recurring financial income | 75 | €42 | €4,179 | +€4,137 | +9,900% |
| Financial charges | 65/66B | €22,916 | €27,242 | +€4,325 | +18.9% |
| Recurring financial charges | 65 | €22,916 | €27,242 | +€4,325 | +18.9% |
| Profit (loss) for the period before taxes | 9903 | -€57,513 | -€58,016 | -€503 | -0.9% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€57,653 | -€58,157 | -€504 | -0.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€57,653 | -€58,157 | -€504 | -0.9% |
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 18 October 2026 via checked.be.