SCHILDERWERKEN KETS: 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 KETS
Largest movements
- Tangible fixed assets -€13,833
down €13,833 (-64.5%), from €21,459 to €7,626
of which Leasing and similar rights: -€10,088
- Stocks and contracts +€6,684
up €6,684 (+33.0%), from €20,226 to €26,910
of which Contracts in progress: +€4,630
- Receivables within one year +€5,118
up €5,118 (+56.3%), from €9,086 to €14,203
of which Trade receivables: +€4,996
- Cash +€4,992
up €4,992 (+75.0%), from €6,661 to €11,653
mainly Depreciation (+€13,833) and Net result for the year (+€6,965)
- Debts after one year -€12,026
down €12,026 (-59.1%), from €20,364 to €8,338
- Reserves +€6,457
up €6,457 (+42.8%), from €15,077 to €21,534
- Current portion of long-term debt +€3,504
up €3,504 (+41.1%), from €8,522 to €12,026
- Other debts +€2,696
up €2,696 (+155%), from €1,735 to €4,430
- Tax, wage and social debts +€1,785
up €1,785 (+656%), from €272 to €2,057
- Taxes +€1,889
up €1,889 (+1,126%), from €168 to €2,057
- Gross operating margin -€1,140
down €1,140 (-4.1%), from €27,642 to €26,503
- Depreciation -€830
down €830 (-5.7%), from €14,663 to €13,833
- Financial charges -€679
down €679 (-40.1%), from €1,694 to €1,014
- Other operating charges -€552
down €552 (-17.3%), from €3,186 to €2,634
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 | €61,699 | €65,106 | +€3,407 | +5.5% |
| Fixed assets | 21/28 | €23,259 | €9,426 | -€13,833 | -59.5% |
| Tangible fixed assets | 22/27 | €21,459 | €7,626 | -€13,833 | -64.5% |
| Plant, machinery and equipment | 23 | €792 | €578 | -€214 | -27.0% |
| Furniture and vehicles | 24 | €497 | €0 | -€497 | -100% |
| Leasing and similar rights | 25 | €14,706 | €4,618 | -€10,088 | -68.6% |
| Other tangible fixed assets | 26 | €5,464 | €2,430 | -€3,034 | -55.5% |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €38,440 | €55,680 | +€17,240 | +44.8% |
| Stocks and contracts in progress | 3 | €20,226 | €26,910 | +€6,684 | +33.0% |
| Stocks | 30/36 | €20,226 | €22,280 | +€2,054 | +10.2% |
| Contracts in progress | 37 | €0 | €4,630 | +€4,630 | |
| Amounts receivable within one year | 40/41 | €9,086 | €14,203 | +€5,118 | +56.3% |
| Trade receivables | 40 | €7,711 | €12,708 | +€4,996 | +64.8% |
| Other amounts receivable | 41 | €1,374 | €1,496 | +€121 | +8.8% |
| Cash at bank and in hand | 54/58 | €6,661 | €11,653 | +€4,992 | +75.0% |
| Deferred charges and accrued income | 490/1 | €2,468 | €2,914 | +€446 | +18.1% |
| Total equity and liabilities | 10/49 | €61,699 | €65,106 | +€3,407 | +5.5% |
| Equity | 10/15 | €26,970 | €33,934 | +€6,965 | +25.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €15,077 | €21,534 | +€6,457 | +42.8% |
| Distributable reserves | 133 | €15,077 | €21,534 | +€6,457 | +42.8% |
| Profit (loss) carried forward | 14 | -€508 | €0 | +€508 | |
| Amounts payable | 17/49 | €34,729 | €31,172 | -€3,558 | -10.2% |
| Amounts payable after more than one year | 17 | €20,364 | €8,338 | -€12,026 | -59.1% |
| Financial debts | 170/4 | €20,364 | €8,338 | -€12,026 | -59.1% |
| Amounts payable within one year | 42/48 | €14,365 | €22,834 | +€8,469 | +59.0% |
| Current portion of amounts payable after more than one year | 42 | €8,522 | €12,026 | +€3,504 | +41.1% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €3,836 | €4,321 | +€484 | +12.6% |
| Suppliers | 440/4 | €3,836 | €4,321 | +€484 | +12.6% |
| Taxes, remuneration and social security | 45 | €272 | €2,057 | +€1,785 | +656% |
| Taxes | 450/3 | €272 | €2,057 | +€1,785 | +656% |
| Other amounts payable | 47/48 | €1,735 | €4,430 | +€2,696 | +155% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,663 | €13,833 | -€830 | -5.7% |
| Other operating charges | 640/8 | €3,186 | €2,634 | -€552 | -17.3% |
| Gross operating margin | 9900 | €27,642 | €26,503 | -€1,140 | -4.1% |
| Operating profit (loss) | 9901 | €9,794 | €10,035 | +€242 | +2.5% |
| Financial income | 75/76B | €5 | €0 | -€5 | -100% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -100% |
| Financial charges | 65/66B | €1,694 | €1,014 | -€679 | -40.1% |
| Recurring financial charges | 65 | €1,694 | €1,014 | -€679 | -40.1% |
| Profit (loss) for the period before taxes | 9903 | €8,104 | €9,021 | +€917 | +11.3% |
| Income taxes | 67/77 | €168 | €2,057 | +€1,889 | +1,126% |
| Profit (loss) for the period | 9904 | €7,937 | €6,965 | -€972 | -12.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,937 | €6,965 | -€972 | -12.2% |
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 1 November 2026 via checked.be.