SCHILDERS: 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.
What changed
SCHILDERS
NACE 46.323, Wholesale trade
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€38,876
2024 · -€187,671+€148,796
Equity
€376,537
2024 · €415,413-€38,876
Cash
€114,114
2024 · €101,433+€12,681
Balance sheet total
€1.5m
2024 · €1.5m-€42,817
Largest movements
Assets
- Tangible fixed assets -€56,709
down €56,709 (-4.7%), from €1.2m to €1.2m
of which Land and buildings: -€32,412
Equity and liabilities
- Profit (loss) carried forward -€38,876
down €38,876 (-20.7%), from -€187,671 to -€226,547
- Debts after one year -€31,804
down €31,804 (-8.1%), from €391,879 to €360,075
- Trade debts +€20,593
up €20,593 (+242.0%), from €8,509 to €29,103
Income statement
- Write-downs -€78,806
down €78,806 (-95.0%), from €82,955 to €4,149
- Staff costs -€35,411
down €35,411 (-8.1%), from €435,970 to €400,559
- Gross operating margin +€29,573
up €29,573 (+7.2%), from €412,657 to €442,231
- Other operating charges -€5,399
down €5,399 (-33.0%), from €16,382 to €10,982
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.
Result 2024
-€187,671
Gross operating margin
+€29,573
Staff costs
+€35,411
Depreciation
-€779
Write-downs
+€78,806
Other operating charges
+€5,399
Financial income
-€10
Financial charges
+€395
Result 2025
-€38,876
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.
From operations
+€46,289
Investment
-€2,214
Financing
-€31,394
Cash 2024
€101,433
From operations (derived)
+€46,289
Net result for the year
-€38,876
Depreciation
+€58,923
Stocks and contracts
-€7,913
Receivables within one year
+€7,707
Deferred charges and accrued income
-€1,005
Trade debts
+€20,593
Tax, wage and social debts
+€8,347
Other debts
-€1,488
Investment (derived)
-€2,214
Investment in fixed assets (net)
-€2,214
Financing
-€31,394
Debts after one year
-€31,804
Current portion of long-term debt
+€410
Cash 2025
€114,114
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,526,786 | €1,483,970 | -€42,817 | -2.8% |
| Fixed assets | 21/28 | €1,212,970 | €1,156,260 | -€56,709 | -4.7% |
| Tangible fixed assets | 22/27 | €1,212,970 | €1,156,260 | -€56,709 | -4.7% |
| Land and buildings | 22 | €989,915 | €957,503 | -€32,412 | -3.3% |
| Plant, machinery and equipment | 23 | €214,202 | €194,930 | -€19,272 | -9.0% |
| Furniture and vehicles | 24 | €8,852 | €3,827 | -€5,025 | -56.8% |
| Current assets | 29/58 | €313,817 | €327,710 | +€13,893 | +4.4% |
| Amounts receivable after more than one year | 29 | €50 | €50 | = | 0.0% |
| Other amounts receivable | 291 | €50 | €50 | = | 0.0% |
| Stocks and contracts in progress | 3 | €9,677 | €17,590 | +€7,913 | +81.8% |
| Stocks | 30/36 | €9,677 | €17,590 | +€7,913 | +81.8% |
| Amounts receivable within one year | 40/41 | €197,213 | €189,506 | -€7,707 | -3.9% |
| Trade receivables | 40 | €196,918 | €189,194 | -€7,724 | -3.9% |
| Other amounts receivable | 41 | €295 | €312 | +€17 | +5.7% |
| Cash at bank and in hand | 54/58 | €101,433 | €114,114 | +€12,681 | +12.5% |
| Deferred charges and accrued income | 490/1 | €5,444 | €6,450 | +€1,005 | +18.5% |
| Total equity and liabilities | 10/49 | €1,526,786 | €1,483,970 | -€42,817 | -2.8% |
| Equity | 10/15 | €415,413 | €376,537 | -€38,876 | -9.4% |
| Contributions | 10/11 | €448,792 | €448,792 | = | 0.0% |
| Reserves | 13 | €154,292 | €154,292 | = | 0.0% |
| Tax-exempt reserves | 132 | €50,361 | €50,361 | = | 0.0% |
| Distributable reserves | 133 | €103,931 | €103,931 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€187,671 | -€226,547 | -€38,876 | -20.7% |
| Amounts payable | 17/49 | €1,111,373 | €1,107,432 | -€3,941 | -0.4% |
| Amounts payable after more than one year | 17 | €391,879 | €360,075 | -€31,804 | -8.1% |
| Financial debts | 170/4 | €391,879 | €360,075 | -€31,804 | -8.1% |
| Amounts payable within one year | 42/48 | €719,494 | €747,357 | +€27,863 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €31,394 | €31,804 | +€410 | +1.3% |
| Trade debts | 44 | €8,509 | €29,103 | +€20,593 | +242.0% |
| Suppliers | 440/4 | €8,509 | €29,103 | +€20,593 | +242.0% |
| Taxes, remuneration and social security | 45 | €54,807 | €63,154 | +€8,347 | +15.2% |
| Taxes | 450/3 | €2,391 | €7,973 | +€5,582 | +233.5% |
| Remuneration and social security | 454/9 | €52,416 | €55,181 | +€2,765 | +5.3% |
| Other amounts payable | 47/48 | €624,784 | €623,296 | -€1,488 | -0.2% |
| Remuneration, social security and pensions | 62 | €435,970 | €400,559 | -€35,411 | -8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,144 | €58,923 | +€779 | +1.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €82,955 | €4,149 | -€78,806 | -95.0% |
| Other operating charges | 640/8 | €16,382 | €10,982 | -€5,399 | -33.0% |
| Gross operating margin | 9900 | €412,657 | €442,231 | +€29,573 | +7.2% |
| Operating profit (loss) | 9901 | -€180,794 | -€32,384 | +€148,410 | +82.1% |
| Financial income | 75/76B | €39 | €29 | -€10 | -25.1% |
| Recurring financial income | 75 | €39 | €29 | -€10 | -25.1% |
| Financial charges | 65/66B | €6,916 | €6,521 | -€395 | -5.7% |
| Recurring financial charges | 65 | €6,916 | €6,521 | -€395 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | -€187,671 | -€38,876 | +€148,796 | +79.3% |
| Profit (loss) for the period | 9904 | -€187,671 | -€38,876 | +€148,796 | +79.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€187,671 | -€38,876 | +€148,796 | +79.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.