SCHILDERWERKEN FDM: 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.
SCHILDERWERKEN FDM
Largest movements
- Tangible fixed assets +€31,707
up €31,707 (+82.7%), from €38,318 to €70,025
of which Furniture and vehicles: +€30,834
- Cash -€11,213
down €11,213 (-51.9%), from €21,619 to €10,406
mainly Investment in fixed assets (net) (-€49,855) and Trade debts (-€3,465)
- Receivables within one year -€3,061
down €3,061 (-38.0%), from €8,047 to €4,986
of which Trade receivables: -€6,467
- Other debts +€25,319
up €25,319 (+227%), from €11,173 to €36,491
- Trade debts -€3,465
down €3,465 (-95.3%), from €3,635 to €170
- Profit (loss) carried forward -€3,184
down €3,184 (-12.0%), from €26,584 to €23,400
- Depreciation +€6,123
up €6,123 (+50.9%), from €12,025 to €18,148
- Gross operating margin -€4,532
down €4,532 (-4.7%), from €97,443 to €92,911
- Staff costs -€4,237
down €4,237 (-5.3%), from €80,296 to €76,059
- Taxes -€2,058
down €2,058 (-74.6%), from €2,757 to €700
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.
Derived cash bridge
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 | €75,093 | €92,840 | +€17,747 | +23.6% |
| Fixed assets | 21/28 | €38,318 | €70,025 | +€31,707 | +82.7% |
| Tangible fixed assets | 22/27 | €38,318 | €70,025 | +€31,707 | +82.7% |
| Plant, machinery and equipment | 23 | €1,162 | €2,035 | +€874 | +75.2% |
| Furniture and vehicles | 24 | €37,156 | €67,990 | +€30,834 | +83.0% |
| Current assets | 29/58 | €36,776 | €22,815 | -€13,960 | -38.0% |
| Stocks and contracts in progress | 3 | €3,341 | €3,797 | +€456 | +13.7% |
| Stocks | 30/36 | €3,341 | €3,797 | +€456 | +13.7% |
| Amounts receivable within one year | 40/41 | €8,047 | €4,986 | -€3,061 | -38.0% |
| Trade receivables | 40 | €7,209 | €742 | -€6,467 | -89.7% |
| Other amounts receivable | 41 | €838 | €4,244 | +€3,406 | +406% |
| Cash at bank and in hand | 54/58 | €21,619 | €10,406 | -€11,213 | -51.9% |
| Deferred charges and accrued income | 490/1 | €3,769 | €3,626 | -€143 | -3.8% |
| Total equity and liabilities | 10/49 | €75,093 | €92,840 | +€17,747 | +23.6% |
| Equity | 10/15 | €57,786 | €54,602 | -€3,184 | -5.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €12,652 | €12,652 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €10,797 | €10,797 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,584 | €23,400 | -€3,184 | -12.0% |
| Amounts payable | 17/49 | €17,307 | €38,238 | +€20,931 | +121% |
| Amounts payable within one year | 42/48 | €17,125 | €38,238 | +€21,113 | +123% |
| Trade debts | 44 | €3,635 | €170 | -€3,465 | -95.3% |
| Suppliers | 440/4 | €3,635 | €170 | -€3,465 | -95.3% |
| Taxes, remuneration and social security | 45 | €2,318 | €1,577 | -€741 | -32.0% |
| Taxes | 450/3 | €757 | - | -€757 | |
| Remuneration and social security | 454/9 | €1,560 | €1,577 | +€17 | +1.1% |
| Other amounts payable | 47/48 | €11,173 | €36,491 | +€25,319 | +227% |
| Accrued charges and deferred income | 492/3 | €182 | - | -€182 | |
| Non-recurring operating income | 76A | - | €9,826 | +€9,826 | |
| Remuneration, social security and pensions | 62 | €80,296 | €76,059 | -€4,237 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,025 | €18,148 | +€6,123 | +50.9% |
| Other operating charges | 640/8 | €1,205 | €1,010 | -€195 | -16.2% |
| Non-recurring operating charges | 66A | - | €12 | +€12 | |
| Gross operating margin | 9900 | €97,443 | €92,911 | -€4,532 | -4.7% |
| Operating profit (loss) | 9901 | €3,917 | -€2,318 | -€6,235 | |
| Financial income | 75/76B | €53 | €40 | -€14 | -25.7% |
| Recurring financial income | 75 | €53 | €40 | -€14 | -25.7% |
| Financial charges | 65/66B | €200 | €207 | +€6 | +3.0% |
| Recurring financial charges | 65 | €200 | €207 | +€6 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | €3,770 | -€2,484 | -€6,255 | |
| Income taxes | 67/77 | €2,757 | €700 | -€2,058 | -74.6% |
| Profit (loss) for the period | 9904 | €1,013 | -€3,184 | -€4,197 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,013 | -€3,184 | -€4,197 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.