SCHIETTEKAT: 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.
SCHIETTEKAT
Largest movements
- Receivables within one year +€29,998
up €29,998 (+29.9%), from €100,185 to €130,183
of which Trade receivables: +€36,454
- Deferred charges and accrued income +€18,658
up €18,658 (+274.2%), from €6,805 to €25,463
- Tangible fixed assets -€17,753
down €17,753 (-53.4%), from €33,276 to €15,523
of which Furniture and vehicles: -€14,595
- Stocks and contracts -€12,562
down €12,562 (-8.5%), from €148,020 to €135,458
- Cash -€7,906
down €7,906 (-100.0%), from €7,906 to €0
mainly Receivables within one year (-€29,998) and Trade debts (-€22,970)
- Profit (loss) carried forward +€33,311
up €33,311 (+29.0%), from €115,031 to €148,342
- Trade debts -€22,970
down €22,970 (-41.4%), from €55,503 to €32,533
- Short-term financial debts +€12,552
up €12,552 (+120.6%), from €10,405 to €22,957
- Debts after one year -€11,511
down €11,511 (-82.0%), from €14,045 to €2,534
- Current portion of long-term debt -€6,172
down €6,172 (-34.9%), from €17,684 to €11,511
- Gross operating margin -€404,318
down €404,318 (-70.8%), from €571,039 to €166,722
- Financial charges -€15,676
down €15,676 (-84.5%), from €18,550 to €2,874
- Staff costs -€8,378
down €8,378 (-7.6%), from €110,587 to €102,208
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 | €297,072 | €307,507 | +€10,435 | +3.5% |
| Fixed assets | 21/28 | €34,157 | €16,404 | -€17,753 | -52.0% |
| Tangible fixed assets | 22/27 | €33,276 | €15,523 | -€17,753 | -53.4% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €7,498 | €4,340 | -€3,158 | -42.1% |
| Furniture and vehicles | 24 | €25,778 | €11,183 | -€14,595 | -56.6% |
| Financial fixed assets | 28 | €880 | €880 | = | 0.0% |
| Current assets | 29/58 | €262,915 | €291,103 | +€28,188 | +10.7% |
| Stocks and contracts in progress | 3 | €148,020 | €135,458 | -€12,562 | -8.5% |
| Stocks | 30/36 | €148,020 | €135,458 | -€12,562 | -8.5% |
| Amounts receivable within one year | 40/41 | €100,185 | €130,183 | +€29,998 | +29.9% |
| Trade receivables | 40 | €64,577 | €101,031 | +€36,454 | +56.4% |
| Other amounts receivable | 41 | €35,607 | €29,152 | -€6,456 | -18.1% |
| Cash at bank and in hand | 54/58 | €7,906 | €0 | -€7,906 | -100.0% |
| Deferred charges and accrued income | 490/1 | €6,805 | €25,463 | +€18,658 | +274.2% |
| Total equity and liabilities | 10/49 | €297,072 | €307,507 | +€10,435 | +3.5% |
| Equity | 10/15 | €181,975 | €215,286 | +€33,311 | +18.3% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €60,747 | €60,747 | = | 0.0% |
| 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 | €4,932 | €4,932 | = | 0.0% |
| Distributable reserves | 133 | €53,955 | €53,955 | = | 0.0% |
| Profit (loss) carried forward | 14 | €115,031 | €148,342 | +€33,311 | +29.0% |
| Amounts payable | 17/49 | €115,097 | €92,221 | -€22,876 | -19.9% |
| Amounts payable after more than one year | 17 | €14,045 | €2,534 | -€11,511 | -82.0% |
| Financial debts | 170/4 | €14,045 | €2,534 | -€11,511 | -82.0% |
| Amounts payable within one year | 42/48 | €99,654 | €85,350 | -€14,304 | -14.4% |
| Current portion of amounts payable after more than one year | 42 | €17,684 | €11,511 | -€6,172 | -34.9% |
| Financial debts | 43 | €10,405 | €22,957 | +€12,552 | +120.6% |
| Credit institutions | 430/8 | €10,405 | €22,957 | +€12,552 | +120.6% |
| Trade debts | 44 | €55,503 | €32,533 | -€22,970 | -41.4% |
| Suppliers | 440/4 | €55,503 | €32,533 | -€22,970 | -41.4% |
| Taxes, remuneration and social security | 45 | €16,062 | €18,348 | +€2,286 | +14.2% |
| Taxes | 450/3 | €140 | €4,212 | +€4,072 | +2918.8% |
| Remuneration and social security | 454/9 | €15,923 | €14,137 | -€1,786 | -11.2% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €1,398 | €4,338 | +€2,940 | +210.3% |
| Remuneration, social security and pensions | 62 | €110,587 | €102,208 | -€8,378 | -7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,547 | €18,561 | -€1,986 | -9.7% |
| Other operating charges | 640/8 | €10,015 | €9,507 | -€508 | -5.1% |
| Non-recurring operating charges | 66A | €517,423 | €0 | -€517,423 | -100.0% |
| Gross operating margin | 9900 | €571,039 | €166,722 | -€404,318 | -70.8% |
| Operating profit (loss) | 9901 | -€87,532 | €36,445 | +€123,977 | |
| Financial income | 75/76B | €147 | €24 | -€123 | -83.7% |
| Recurring financial income | 75 | €147 | €24 | -€123 | -83.7% |
| Financial charges | 65/66B | €18,550 | €2,874 | -€15,676 | -84.5% |
| Recurring financial charges | 65 | €18,550 | €2,874 | -€15,676 | -84.5% |
| Profit (loss) for the period before taxes | 9903 | -€105,936 | €33,595 | +€139,530 | |
| Income taxes | 67/77 | €140 | €284 | +€145 | +103.6% |
| Profit (loss) for the period | 9904 | -€106,075 | €33,311 | +€139,386 | |
| Profit (loss) for the period to be appropriated | 9905 | -€106,075 | €33,311 | +€139,386 |
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 3 October 2026 via checked.be.