SCHILDERWERKEN MEYLEMANS PATRICK: 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 MEYLEMANS PATRICK
Largest movements
- Cash +€17,049
up €17,049 (+234%), from €7,296 to €24,345
mainly Net result for the year (+€25,180) and Trade debts (+€23,760)
- Tax, wage and social debts -€30,616
down €30,616 (-44.2%), from €69,238 to €38,622
- Reserves +€25,180
up €25,180 (+11.0%), from €229,073 to €254,253
- Trade debts +€23,760
up €23,760 (+68.3%), from €34,801 to €58,560
- Gross operating margin -€26,633
down €26,633 (-47.3%), from €56,340 to €29,707
- Taxes -€11,119
down €11,119 (-45.9%), from €24,212 to €13,093
- Financial income -€3,925
down €3,925 (-17.9%), from €21,873 to €17,949
- Staff costs +€1,821
up €1,821 (+111%), from €1,639 to €3,460
- Depreciation -€1,208
down €1,208 (-44.6%), from €2,708 to €1,500
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 | €354,660 | €372,983 | +€18,324 | +5.2% |
| Fixed assets | 21/28 | €4,406 | €5,355 | +€949 | +21.5% |
| Tangible fixed assets | 22/27 | €4,406 | €5,355 | +€949 | +21.5% |
| Land and buildings | 22 | €2,400 | €1,841 | -€558 | -23.3% |
| Plant, machinery and equipment | 23 | €590 | €0 | -€590 | -100% |
| Furniture and vehicles | 24 | €1,416 | €3,514 | +€2,098 | +148% |
| Current assets | 29/58 | €350,254 | €367,628 | +€17,374 | +5.0% |
| Amounts receivable within one year | 40/41 | €342,539 | €341,601 | -€938 | -0.3% |
| Trade receivables | 40 | €21,154 | €564 | -€20,590 | -97.3% |
| Other amounts receivable | 41 | €321,385 | €341,037 | +€19,653 | +6.1% |
| Cash at bank and in hand | 54/58 | €7,296 | €24,345 | +€17,049 | +234% |
| Deferred charges and accrued income | 490/1 | €419 | €1,682 | +€1,263 | +301% |
| Total equity and liabilities | 10/49 | €354,660 | €372,983 | +€18,324 | +5.2% |
| Equity | 10/15 | €235,273 | €260,453 | +€25,180 | +10.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €229,073 | €254,253 | +€25,180 | +11.0% |
| Distributable reserves | 133 | €229,073 | €254,253 | +€25,180 | +11.0% |
| Amounts payable | 17/49 | €119,387 | €112,531 | -€6,856 | -5.7% |
| Amounts payable within one year | 42/48 | €119,387 | €112,531 | -€6,856 | -5.7% |
| Trade debts | 44 | €34,801 | €58,560 | +€23,760 | +68.3% |
| Suppliers | 440/4 | €34,801 | €58,560 | +€23,760 | +68.3% |
| Taxes, remuneration and social security | 45 | €69,238 | €38,622 | -€30,616 | -44.2% |
| Taxes | 450/3 | €69,238 | €38,622 | -€30,616 | -44.2% |
| Other amounts payable | 47/48 | €15,348 | €15,348 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €1,639 | €3,460 | +€1,821 | +111% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,708 | €1,500 | -€1,208 | -44.6% |
| Other operating charges | 640/8 | €1,225 | €1,618 | +€392 | +32.0% |
| Gross operating margin | 9900 | €56,340 | €29,707 | -€26,633 | -47.3% |
| Operating profit (loss) | 9901 | €50,767 | €23,130 | -€27,638 | -54.4% |
| Financial income | 75/76B | €21,873 | €17,949 | -€3,925 | -17.9% |
| Recurring financial income | 75 | €21,873 | €17,949 | -€3,925 | -17.9% |
| Financial charges | 65/66B | €2,158 | €2,806 | +€647 | +30.0% |
| Recurring financial charges | 65 | €2,158 | €2,806 | +€647 | +30.0% |
| Profit (loss) for the period before taxes | 9903 | €70,482 | €38,273 | -€32,209 | -45.7% |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Income taxes | 67/77 | €24,212 | €13,093 | -€11,119 | -45.9% |
| Profit (loss) for the period | 9904 | €46,270 | €25,180 | -€21,091 | -45.6% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €46,270 | €25,180 | -€21,091 | -45.6% |
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 20 October 2026 via checked.be.