SCHIFFLER: what changed
What changed
SCHIFFLER
NACE 10.111, Manufacture of food products
filed annual accounts (NBB)
Net result for the year
-€21,086
2024 · -€25,113+€4,027
Equity
-€93,150
2024 · -€80,249-€12,901
Cash
€112,493
2024 · €33,518+€78,975
Balance sheet total
€824,451
2024 · €798,032+€26,418
Largest movements
Assets
- Cash +€78,975
up €78,975 (+236%), from €33,518 to €112,493
mainly Depreciation (+€113,863) and Other debts (+€32,910)
- Tangible fixed assets -€56,914
down €56,914 (-8.5%), from €669,477 to €612,562
of which Plant, machinery and equipment: -€48,549
- Receivables within one year -€14,087
down €14,087 (-17.0%), from €82,942 to €68,855
of which Other amounts receivable: -€17,304
- Stocks and contracts +€13,086
up €13,086 (+170%), from €7,712 to €20,798
Equity and liabilities
- Other debts +€32,910
up €32,910 (+8.2%), from €401,352 to €434,261
- Tax, wage and social debts +€28,606
up €28,606 (+77.2%), from €37,075 to €65,681
of which Remuneration and social security: +€17,392
- Debts after one year -€27,427
down €27,427 (-9.3%), from €293,620 to €266,193
- Reserves -€19,512
down €19,512 (-10.7%), from €182,690 to €163,178
- Trade debts +€12,761
up €12,761 (+18.1%), from €70,457 to €83,219
Income statement
- Staff costs +€101,942
up €101,942 (+49.7%), from €205,048 to €306,990
- Gross operating margin +€57,016
up €57,016 (+15.9%), from €358,476 to €415,493
- Depreciation -€13,392
down €13,392 (-10.5%), from €127,255 to €113,863
- Financial income +€9,740
up €9,740 (+914%), from €1,065 to €10,806
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€25,113
Gross operating margin
+€57,016
Staff costs
-€101,942
Depreciation
+€13,392
Write-downs
-€139
Other operating charges
-€1,347
Other operating items
+€28,610
Financial income
+€9,740
Financial charges
-€1,171
Taxes
-€132
Result 2025
-€21,086
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€157,818
Investment
-€56,949
Financing
-€21,894
Cash 2024
€33,518
From operations (derived)
+€157,818
Net result for the year
-€21,086
Depreciation
+€113,863
Stocks and contracts
-€13,086
Receivables within one year
+€14,087
Deferred charges and accrued income
-€5,359
Provisions
-€4,878
Trade debts
+€12,761
Tax, wage and social debts
+€28,606
Other debts
+€32,910
Investment (derived)
-€56,949
Investment in fixed assets (net)
-€56,949
Financing
-€21,894
Debts after one year
-€27,427
Current portion of long-term debt
-€2,653
Contributions, distributions and other
+€8,186
Cash 2025
€112,493
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €798,032 | €824,451 | +€26,418 | +3.3% |
| Fixed assets | 21/28 | €669,477 | €612,562 | -€56,914 | -8.5% |
| Tangible fixed assets | 22/27 | €669,477 | €612,562 | -€56,914 | -8.5% |
| Land and buildings | 22 | €361,053 | €366,433 | +€5,380 | +1.5% |
| Plant, machinery and equipment | 23 | €283,414 | €234,866 | -€48,549 | -17.1% |
| Furniture and vehicles | 24 | €163 | €40 | -€122 | -75.1% |
| Leasing and similar rights | 25 | €16,782 | €6,950 | -€9,832 | -58.6% |
| Other tangible fixed assets | 26 | €8,065 | €4,273 | -€3,791 | -47.0% |
| Current assets | 29/58 | €128,556 | €211,888 | +€83,333 | +64.8% |
| Stocks and contracts in progress | 3 | €7,712 | €20,798 | +€13,086 | +170% |
| Stocks | 30/36 | €7,712 | €20,798 | +€13,086 | +170% |
| Amounts receivable within one year | 40/41 | €82,942 | €68,855 | -€14,087 | -17.0% |
| Trade receivables | 40 | €62,407 | €65,624 | +€3,217 | +5.2% |
| Other amounts receivable | 41 | €20,535 | €3,231 | -€17,304 | -84.3% |
| Cash at bank and in hand | 54/58 | €33,518 | €112,493 | +€78,975 | +236% |
| Deferred charges and accrued income | 490/1 | €4,383 | €9,742 | +€5,359 | +122% |
| Total equity and liabilities | 10/49 | €798,032 | €824,451 | +€26,418 | +3.3% |
| Equity | 10/15 | -€80,249 | -€93,150 | -€12,901 | -16.1% |
| Contributions | 10/11 | €18,000 | €18,000 | = | 0.0% |
| Reserves | 13 | €182,690 | €163,178 | -€19,512 | -10.7% |
| Tax-exempt reserves | 132 | €182,690 | €163,178 | -€19,512 | -10.7% |
| Profit (loss) carried forward | 14 | -€280,939 | -€282,514 | -€1,575 | -0.6% |
| Investment grants | 15 | - | €8,186 | +€8,186 | |
| Provisions and deferred taxes | 16 | €45,672 | €40,795 | -€4,878 | -10.7% |
| Deferred taxes | 168 | €45,672 | €40,795 | -€4,878 | -10.7% |
| Amounts payable | 17/49 | €832,609 | €876,806 | +€44,197 | +5.3% |
| Amounts payable after more than one year | 17 | €293,620 | €266,193 | -€27,427 | -9.3% |
| Financial debts | 170/4 | €293,620 | €266,193 | -€27,427 | -9.3% |
| Amounts payable within one year | 42/48 | €538,964 | €610,588 | +€71,624 | +13.3% |
| Current portion of amounts payable after more than one year | 42 | €30,080 | €27,427 | -€2,653 | -8.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €70,457 | €83,219 | +€12,761 | +18.1% |
| Suppliers | 440/4 | €70,457 | €83,219 | +€12,761 | +18.1% |
| Taxes, remuneration and social security | 45 | €37,075 | €65,681 | +€28,606 | +77.2% |
| Taxes | 450/3 | €3,016 | €14,229 | +€11,213 | +372% |
| Remuneration and social security | 454/9 | €34,059 | €51,451 | +€17,392 | +51.1% |
| Other amounts payable | 47/48 | €401,352 | €434,261 | +€32,910 | +8.2% |
| Accrued charges and deferred income | 492/3 | €25 | €25 | = | 0.0% |
| Non-recurring operating income | 76A | €4,465 | €0 | -€4,465 | -100% |
| Remuneration, social security and pensions | 62 | €205,048 | €306,990 | +€101,942 | +49.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €127,255 | €113,863 | -€13,392 | -10.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €139 | +€139 | |
| Other operating charges | 640/8 | €6,103 | €7,450 | +€1,347 | +22.1% |
| Non-recurring operating charges | 66A | €28,610 | €0 | -€28,610 | -100% |
| Gross operating margin | 9900 | €358,476 | €415,493 | +€57,016 | +15.9% |
| Operating profit (loss) | 9901 | -€8,540 | -€12,950 | -€4,410 | -51.6% |
| Financial income | 75/76B | €1,065 | €10,806 | +€9,740 | +914% |
| Recurring financial income | 75 | €1,065 | €10,806 | +€9,740 | +914% |
| Financial charges | 65/66B | €21,880 | €23,052 | +€1,171 | +5.4% |
| Recurring financial charges | 65 | €21,880 | €23,052 | +€1,171 | +5.4% |
| Profit (loss) for the period before taxes | 9903 | -€29,355 | -€25,197 | +€4,159 | +14.2% |
| Transfer from deferred taxes | 780 | €4,878 | €4,878 | = | 0.0% |
| Income taxes | 67/77 | €636 | €768 | +€132 | +20.7% |
| Profit (loss) for the period | 9904 | -€25,113 | -€21,086 | +€4,027 | +16.0% |
| Transfer from tax-exempt reserves | 789 | €19,512 | €19,512 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,602 | -€1,575 | +€4,027 | +71.9% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.