SCHILDECOR: 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.
SCHILDECOR
Largest movements
- Tangible fixed assets -€21,727
down €21,727 (-10.3%), from €211,593 to €189,866
- Cash +€19,142
new in 2025: €19,142
mainly Depreciation (+€27,726) and Net result for the year (+€18,395)
- Deferred charges and accrued income -€13,287
down €13,287 (-87.7%), from €15,144 to €1,857
- Receivables within one year +€5,453
up €5,453 (+133.0%), from €4,100 to €9,553
of which Trade receivables: +€6,452
- Debts after one year -€24,064
down €24,064 (-17.2%), from €140,275 to €116,211
- Reserves +€14,177
up €14,177 (+46.4%), from €30,575 to €44,752
- Other debts +€10,391
up €10,391 (+1476.6%), from €704 to €11,094
- Current portion of long-term debt -€6,839
down €6,839 (-22.1%), from €30,903 to €24,064
- Short-term financial debts -€6,523
no longer reported in 2025 (was €6,523)
- Gross operating margin +€30,012
up €30,012 (+102.5%), from €29,287 to €59,299
- Financial income -€7,130
down €7,130 (-100.0%), from €7,130 to €0
- Taxes +€5,362
up €5,362 (+300.0%), from €1,787 to €7,149
- Depreciation -€1,159
down €1,159 (-4.0%), from €28,886 to €27,726
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 | €237,145 | €225,474 | -€11,671 | -4.9% |
| Fixed assets | 21/28 | €211,608 | €189,881 | -€21,727 | -10.3% |
| Tangible fixed assets | 22/27 | €211,593 | €189,866 | -€21,727 | -10.3% |
| Land and buildings | 22 | €167,181 | €156,922 | -€10,259 | -6.1% |
| Plant, machinery and equipment | 23 | €7,151 | €4,866 | -€2,285 | -32.0% |
| Furniture and vehicles | 24 | €36,839 | €27,689 | -€9,150 | -24.8% |
| Other tangible fixed assets | 26 | €422 | €389 | -€32 | -7.7% |
| Financial fixed assets | 28 | €15 | €15 | = | 0.0% |
| Current assets | 29/58 | €25,537 | €35,592 | +€10,055 | +39.4% |
| Stocks and contracts in progress | 3 | €6,292 | €5,040 | -€1,253 | -19.9% |
| Stocks | 30/36 | €6,292 | €5,040 | -€1,253 | -19.9% |
| Amounts receivable within one year | 40/41 | €4,100 | €9,553 | +€5,453 | +133.0% |
| Trade receivables | 40 | €3,101 | €9,553 | +€6,452 | +208.1% |
| Other amounts receivable | 41 | €999 | - | -€999 | |
| Cash at bank and in hand | 54/58 | - | €19,142 | +€19,142 | |
| Deferred charges and accrued income | 490/1 | €15,144 | €1,857 | -€13,287 | -87.7% |
| Total equity and liabilities | 10/49 | €237,145 | €225,474 | -€11,671 | -4.9% |
| Equity | 10/15 | €46,975 | €61,152 | +€14,177 | +30.2% |
| Contributions | 10/11 | €16,400 | €16,400 | = | 0.0% |
| Reserves | 13 | €30,575 | €44,752 | +€14,177 | +46.4% |
| Distributable reserves | 133 | €30,575 | €44,752 | +€14,177 | +46.4% |
| Amounts payable | 17/49 | €190,170 | €164,322 | -€25,848 | -13.6% |
| Amounts payable after more than one year | 17 | €140,275 | €116,211 | -€24,064 | -17.2% |
| Financial debts | 170/4 | €140,275 | €116,211 | -€24,064 | -17.2% |
| Amounts payable within one year | 42/48 | €49,895 | €48,111 | -€1,784 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | €30,903 | €24,064 | -€6,839 | -22.1% |
| Financial debts | 43 | €6,523 | - | -€6,523 | |
| Credit institutions | 430/8 | €6,523 | - | -€6,523 | |
| Trade debts | 44 | €9,362 | €5,686 | -€3,676 | -39.3% |
| Suppliers | 440/4 | €9,362 | €5,686 | -€3,676 | -39.3% |
| Taxes, remuneration and social security | 45 | €2,403 | €7,266 | +€4,863 | +202.4% |
| Taxes | 450/3 | €2,403 | €7,266 | +€4,863 | +202.4% |
| Other amounts payable | 47/48 | €704 | €11,094 | +€10,391 | +1476.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,886 | €27,726 | -€1,159 | -4.0% |
| Other operating charges | 640/8 | €3,620 | €3,059 | -€560 | -15.5% |
| Gross operating margin | 9900 | €29,287 | €59,299 | +€30,012 | +102.5% |
| Operating profit (loss) | 9901 | -€3,218 | €28,514 | +€31,732 | |
| Financial income | 75/76B | €7,130 | €0 | -€7,130 | -100.0% |
| Recurring financial income | 75 | €7,130 | €0 | -€7,130 | -100.0% |
| Financial charges | 65/66B | €3,457 | €2,970 | -€487 | -14.1% |
| Recurring financial charges | 65 | €3,457 | €2,970 | -€487 | -14.1% |
| Profit (loss) for the period before taxes | 9903 | €456 | €25,544 | +€25,089 | +5507.8% |
| Income taxes | 67/77 | €1,787 | €7,149 | +€5,362 | +300.0% |
| Profit (loss) for the period | 9904 | -€1,332 | €18,395 | +€19,727 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,332 | €18,395 | +€19,727 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.