SCHEVENELS: what changed
Two fiscal 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.
SCHEVENELS
Largest movements
- Receivables within one year +€94,091
up €94,091 (+207.5%), from €45,351 to €139,442
of which Trade receivables: +€84,972
- Tangible fixed assets +€55,666
up €55,666 (+12.4%), from €449,195 to €504,861
of which Furniture and vehicles: +€46,498
- Cash +€12,426
up €12,426 (+65.6%), from €18,947 to €31,373
mainly Depreciation (+€80,234) and Trade debts (+€65,405)
- Trade debts +€65,405
up €65,405 (+145.5%), from €44,953 to €110,359
- Reserves +€53,230
up €53,230 (+21.0%), from €253,069 to €306,299
- Tax, wage and social debts +€22,327
up €22,327 (+168.2%), from €13,274 to €35,600
of which Taxes: +€22,882
- Debts after one year +€17,868
up €17,868 (+10.7%), from €166,929 to €184,796
of which Financial debts: +€17,868
- Gross operating margin +€74,092
up €74,092 (+74.1%), from €100,041 to €174,133
- Taxes +€21,750
up €21,750 (+320.5%), from €6,786 to €28,536
- Depreciation +€13,143
up €13,143 (+19.6%), from €67,091 to €80,234
- Financial income -€10,191
down €10,191 (-97.9%), from €10,411 to €221
of which Non-recurring financial income: -€9,075
- Staff costs -€9,979
down €9,979, from €8,477 to -€1,502
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.
Cash bridge derived
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 | €518,765 | €684,763 | +€165,997 | +32.0% |
| Fixed assets | 21/28 | €449,195 | €506,761 | +€57,566 | +12.8% |
| Tangible fixed assets | 22/27 | €449,195 | €504,861 | +€55,666 | +12.4% |
| Land and buildings | 22 | €338,452 | €352,834 | +€14,382 | +4.2% |
| Plant, machinery and equipment | 23 | €3,717 | €1,860 | -€1,857 | -50.0% |
| Furniture and vehicles | 24 | €90,856 | €137,354 | +€46,498 | +51.2% |
| Leasing and similar rights | 25 | €16,169 | €12,812 | -€3,357 | -20.8% |
| Financial fixed assets | 28 | - | €1,900 | +€1,900 | |
| Current assets | 29/58 | €69,570 | €178,002 | +€108,432 | +155.9% |
| Amounts receivable within one year | 40/41 | €45,351 | €139,442 | +€94,091 | +207.5% |
| Trade receivables | 40 | €27,065 | €112,037 | +€84,972 | +314.0% |
| Other amounts receivable | 41 | €18,286 | €27,405 | +€9,119 | +49.9% |
| Cash at bank and in hand | 54/58 | €18,947 | €31,373 | +€12,426 | +65.6% |
| Deferred charges and accrued income | 490/1 | €5,273 | €7,187 | +€1,914 | +36.3% |
| Total equity and liabilities | 10/49 | €518,765 | €684,763 | +€165,997 | +32.0% |
| Equity | 10/15 | €259,269 | €312,499 | +€53,230 | +20.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €253,069 | €306,299 | +€53,230 | +21.0% |
| Distributable reserves | 133 | €253,069 | €306,299 | +€53,230 | +21.0% |
| Amounts payable | 17/49 | €259,496 | €372,263 | +€112,767 | +43.5% |
| Amounts payable after more than one year | 17 | €166,929 | €184,796 | +€17,868 | +10.7% |
| Financial debts | 170/4 | €163,283 | €181,150 | +€17,868 | +10.9% |
| Other amounts payable | 178/9 | €3,646 | €3,646 | = | 0.0% |
| Amounts payable within one year | 42/48 | €92,567 | €186,571 | +€94,004 | +101.6% |
| Current portion of amounts payable after more than one year | 42 | €34,341 | €40,612 | +€6,271 | +18.3% |
| Trade debts | 44 | €44,953 | €110,359 | +€65,405 | +145.5% |
| Suppliers | 440/4 | €44,953 | €110,359 | +€65,405 | +145.5% |
| Taxes, remuneration and social security | 45 | €13,274 | €35,600 | +€22,327 | +168.2% |
| Taxes | 450/3 | €12,718 | €35,600 | +€22,882 | +179.9% |
| Remuneration and social security | 454/9 | €556 | - | -€556 | |
| Accrued charges and deferred income | 492/3 | - | €896 | +€896 | |
| Non-recurring operating income | 76A | - | €43,349 | +€43,349 | |
| Remuneration, social security and pensions | 62 | €8,477 | -€1,502 | -€9,979 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,091 | €80,234 | +€13,143 | +19.6% |
| Other operating charges | 640/8 | €4,586 | €5,043 | +€457 | +10.0% |
| Gross operating margin | 9900 | €100,041 | €174,133 | +€74,092 | +74.1% |
| Operating profit (loss) | 9901 | €19,887 | €90,358 | +€70,471 | +354.3% |
| Financial income | 75/76B | €10,411 | €221 | -€10,191 | -97.9% |
| Recurring financial income | 75 | €1,336 | €221 | -€1,115 | -83.5% |
| Non-recurring financial income | 76B | €9,075 | - | -€9,075 | |
| Financial charges | 65/66B | €8,133 | €8,813 | +€680 | +8.4% |
| Recurring financial charges | 65 | €8,133 | €8,813 | +€680 | +8.4% |
| Profit (loss) for the period before taxes | 9903 | €22,166 | €81,766 | +€59,600 | +268.9% |
| Income taxes | 67/77 | €6,786 | €28,536 | +€21,750 | +320.5% |
| Profit (loss) for the period | 9904 | €15,380 | €53,230 | +€37,850 | +246.1% |
| Profit (loss) for the period to be appropriated | 9905 | €15,380 | €53,230 | +€37,850 | +246.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.