SCHILDERWERKEN BVB: what changed
SCHILDERWERKEN BVB
Largest movements
- Receivables within one year -€20,298
down €20,298 (-35.2%), from €57,642 to €37,344
of which Trade receivables: -€26,630
- Cash -€8,073
down €8,073 (-47.3%), from €17,077 to €9,005
mainly Net result for the year (-€59,882) and Investment in fixed assets (net) (-€11,281)
- Tangible fixed assets -€3,966
down €3,966 (-8.1%), from €48,765 to €44,800
of which Plant, machinery and equipment: -€10,988
- Stocks and contracts -€2,975
down €2,975 (-13.2%), from €22,608 to €19,633
- Profit (loss) carried forward -€59,882
down €59,882, from €220 to -€59,662
- Debts after one year +€26,693
up €26,693 (+115%), from €23,174 to €49,867
- Current portion of long-term debt +€13,958
up €13,958 (+263%), from €5,306 to €19,264
- Other debts -€9,821
down €9,821 (-100%), from €9,821 to €0
- Trade debts -€5,095
down €5,095 (-20.9%), from €24,386 to €19,291
- Staff costs +€48,785
up €48,785 (+31.8%), from €153,298 to €202,083
- Gross operating margin -€11,750
down €11,750 (-6.7%), from €175,867 to €164,117
- Financial charges +€3,115
up €3,115 (+99.7%), from €3,123 to €6,238
- Depreciation +€2,200
up €2,200 (+16.9%), from €13,047 to €15,247
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €147,202 | €112,642 | -€34,561 | -23.5% |
| Fixed assets | 21/28 | €48,765 | €44,800 | -€3,966 | -8.1% |
| Tangible fixed assets | 22/27 | €48,765 | €44,800 | -€3,966 | -8.1% |
| Plant, machinery and equipment | 23 | €28,194 | €17,206 | -€10,988 | -39.0% |
| Furniture and vehicles | 24 | €1,403 | €10,711 | +€9,307 | +663% |
| Other tangible fixed assets | 26 | €19,168 | €16,883 | -€2,285 | -11.9% |
| Current assets | 29/58 | €98,437 | €67,842 | -€30,595 | -31.1% |
| Stocks and contracts in progress | 3 | €22,608 | €19,633 | -€2,975 | -13.2% |
| Stocks | 30/36 | €22,608 | €19,633 | -€2,975 | -13.2% |
| Amounts receivable within one year | 40/41 | €57,642 | €37,344 | -€20,298 | -35.2% |
| Trade receivables | 40 | €56,725 | €30,095 | -€26,630 | -46.9% |
| Other amounts receivable | 41 | €917 | €7,249 | +€6,332 | +691% |
| Cash at bank and in hand | 54/58 | €17,077 | €9,005 | -€8,073 | -47.3% |
| Deferred charges and accrued income | 490/1 | €1,110 | €1,860 | +€751 | +67.6% |
| Total equity and liabilities | 10/49 | €147,202 | €112,642 | -€34,561 | -23.5% |
| Equity | 10/15 | €21,220 | -€38,662 | -€59,882 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €16,000 | €16,000 | = | 0.0% |
| Distributable reserves | 133 | €16,000 | €16,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €220 | -€59,662 | -€59,882 | |
| Amounts payable | 17/49 | €125,982 | €151,304 | +€25,322 | +20.1% |
| Amounts payable after more than one year | 17 | €23,174 | €49,867 | +€26,693 | +115% |
| Financial debts | 170/4 | €23,174 | €49,867 | +€26,693 | +115% |
| Amounts payable within one year | 42/48 | €99,708 | €95,387 | -€4,321 | -4.3% |
| Current portion of amounts payable after more than one year | 42 | €5,306 | €19,264 | +€13,958 | +263% |
| Financial debts | 43 | €50,000 | €50,000 | = | 0.0% |
| Other loans | 439 | €50,000 | €50,000 | = | 0.0% |
| Trade debts | 44 | €24,386 | €19,291 | -€5,095 | -20.9% |
| Suppliers | 440/4 | €24,386 | €19,291 | -€5,095 | -20.9% |
| Taxes, remuneration and social security | 45 | €10,196 | €6,832 | -€3,363 | -33.0% |
| Taxes | 450/3 | €6,295 | €1,501 | -€4,794 | -76.2% |
| Remuneration and social security | 454/9 | €3,901 | €5,331 | +€1,430 | +36.7% |
| Other amounts payable | 47/48 | €9,821 | €0 | -€9,821 | -100% |
| Accrued charges and deferred income | 492/3 | €3,100 | €6,050 | +€2,950 | +95.2% |
| Non-recurring operating income | 76A | €855 | - | -€855 | |
| Remuneration, social security and pensions | 62 | €153,298 | €202,083 | +€48,785 | +31.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,047 | €15,247 | +€2,200 | +16.9% |
| Other operating charges | 640/8 | €1,333 | €1,138 | -€195 | -14.6% |
| Gross operating margin | 9900 | €175,867 | €164,117 | -€11,750 | -6.7% |
| Operating profit (loss) | 9901 | €8,188 | -€54,351 | -€62,540 | |
| Financial income | 75/76B | €375 | €839 | +€464 | +124% |
| Recurring financial income | 75 | €375 | €839 | +€464 | +124% |
| Financial charges | 65/66B | €3,123 | €6,238 | +€3,115 | +99.7% |
| Recurring financial charges | 65 | €3,123 | €6,238 | +€3,115 | +99.7% |
| Profit (loss) for the period before taxes | 9903 | €5,440 | -€59,750 | -€65,190 | |
| Income taxes | 67/77 | €1,324 | €132 | -€1,192 | -90.0% |
| Profit (loss) for the period | 9904 | €4,116 | -€59,882 | -€63,998 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,116 | -€59,882 | -€63,998 |
Next steps
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 2 November 2026 via checked.be.