SCHEVENELS G&M: 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.
SCHEVENELS G&M
Largest movements
- Cash -€65,260
down €65,260 (-62.8%), from €104,000 to €38,739
mainly Provisions (-€54,796) and Net result for the year (-€18,736)
- Provisions -€54,796
no longer reported in 2025 (was €54,796)
- Reserves -€20,926
down €20,926 (-11.0%), from €190,280 to €169,354
of which Tax-exempt reserves: -€164,389
- Tax, wage and social debts +€4,024
up €4,024 (+78.5%), from €5,129 to €9,153
- Trade debts +€3,645
up €3,645 (+94.3%), from €3,865 to €7,509
- Taxes +€67,381
up €67,381 (+6,690%), from €1,007 to €68,388
- Gross operating margin -€4,662
down €4,662, from €348 to -€4,313
- Other operating charges -€683
down €683 (-51.2%), from €1,333 to €651
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 | €270,480 | €204,616 | -€65,864 | -24.4% |
| Current assets | 29/58 | €270,480 | €204,616 | -€65,864 | -24.4% |
| Amounts receivable after more than one year | 29 | €165,266 | €165,072 | -€194 | -0.1% |
| Other amounts receivable | 291 | €165,266 | €165,072 | -€194 | -0.1% |
| Amounts receivable within one year | 40/41 | €1,214 | €805 | -€409 | -33.7% |
| Trade receivables | 40 | - | €56 | +€56 | |
| Other amounts receivable | 41 | €1,214 | €749 | -€465 | -38.3% |
| Cash at bank and in hand | 54/58 | €104,000 | €38,739 | -€65,260 | -62.8% |
| Total equity and liabilities | 10/49 | €270,480 | €204,616 | -€65,864 | -24.4% |
| Equity | 10/15 | €206,690 | €187,954 | -€18,736 | -9.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €190,280 | €169,354 | -€20,926 | -11.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €164,389 | - | -€164,389 | |
| Distributable reserves | 133 | €24,031 | €167,494 | +€143,463 | +597% |
| Profit (loss) carried forward | 14 | -€2,189 | - | +€2,189 | |
| Provisions and deferred taxes | 16 | €54,796 | - | -€54,796 | |
| Deferred taxes | 168 | €54,796 | - | -€54,796 | |
| Amounts payable | 17/49 | €8,994 | €16,662 | +€7,669 | +85.3% |
| Amounts payable within one year | 42/48 | €8,994 | €16,662 | +€7,669 | +85.3% |
| Trade debts | 44 | €3,865 | €7,509 | +€3,645 | +94.3% |
| Suppliers | 440/4 | €3,865 | €7,509 | +€3,645 | +94.3% |
| Taxes, remuneration and social security | 45 | €5,129 | €9,153 | +€4,024 | +78.5% |
| Taxes | 450/3 | €5,129 | €9,153 | +€4,024 | +78.5% |
| Other operating charges | 640/8 | €1,333 | €651 | -€683 | -51.2% |
| Gross operating margin | 9900 | €348 | -€4,313 | -€4,662 | |
| Operating profit (loss) | 9901 | -€985 | -€4,964 | -€3,979 | -404% |
| Financial charges | 65/66B | €197 | €180 | -€17 | -8.8% |
| Recurring financial charges | 65 | €197 | €180 | -€17 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,182 | -€5,144 | -€3,962 | -335% |
| Transfer from deferred taxes | 780 | - | €54,796 | +€54,796 | |
| Income taxes | 67/77 | €1,007 | €68,388 | +€67,381 | +6,690% |
| Profit (loss) for the period | 9904 | -€2,189 | -€18,736 | -€16,547 | -756% |
| Transfer from tax-exempt reserves | 789 | - | €164,389 | +€164,389 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,189 | €145,652 | +€147,842 |
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 25 October 2026 via checked.be.