SCHILDERWERKEN SSD: 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 SSD
Largest movements
- Cash +€41,648
up €41,648 (+90.8%), from €45,848 to €87,497
mainly Net result for the year (+€50,967) and Other debts (+€35,924)
- Receivables within one year -€26,141
down €26,141 (-76.1%), from €34,366 to €8,226
of which Trade receivables: -€21,793
- Tangible fixed assets +€7,058
up €7,058 (+193%), from €3,648 to €10,705
of which Furniture and vehicles: +€6,952
- Other debts +€35,924
up €35,924 (+1,192%), from €3,014 to €38,938
- Reserves -€14,033
down €14,033 (-20.3%), from €69,070 to €55,037
- Tax, wage and social debts -€3,799
no longer reported in 2025 (was €3,799)
of which Remuneration and social security: -€3,644
- Trade debts +€3,021
up €3,021 (+38.6%), from €7,821 to €10,842
- Short-term financial debts +€1,333
new in 2025: €1,333
- Gross operating margin +€46,822
up €46,822 (+194%), from €24,173 to €70,995
- Taxes +€8,923
up €8,923 (+215%), from €4,155 to €13,078
- Financial charges -€1,854
down €1,854 (-59.6%), from €3,113 to €1,259
- Depreciation +€941
up €941 (+69.2%), from €1,360 to €2,300
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 | €85,809 | €108,426 | +€22,617 | +26.4% |
| Fixed assets | 21/28 | €3,648 | €10,705 | +€7,058 | +193% |
| Tangible fixed assets | 22/27 | €3,648 | €10,705 | +€7,058 | +193% |
| Plant, machinery and equipment | 23 | €2,718 | €2,824 | +€106 | +3.9% |
| Furniture and vehicles | 24 | €929 | €7,881 | +€6,952 | +748% |
| Current assets | 29/58 | €82,162 | €97,721 | +€15,559 | +18.9% |
| Amounts receivable within one year | 40/41 | €34,366 | €8,226 | -€26,141 | -76.1% |
| Trade receivables | 40 | €24,246 | €2,454 | -€21,793 | -89.9% |
| Other amounts receivable | 41 | €10,120 | €5,772 | -€4,348 | -43.0% |
| Cash at bank and in hand | 54/58 | €45,848 | €87,497 | +€41,648 | +90.8% |
| Deferred charges and accrued income | 490/1 | €1,947 | €1,999 | +€52 | +2.7% |
| Total equity and liabilities | 10/49 | €85,809 | €108,426 | +€22,617 | +26.4% |
| Equity | 10/15 | €71,070 | €57,037 | -€14,033 | -19.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €69,070 | €55,037 | -€14,033 | -20.3% |
| Distributable reserves | 133 | €69,070 | €55,037 | -€14,033 | -20.3% |
| Amounts payable | 17/49 | €14,739 | €51,390 | +€36,650 | +249% |
| Amounts payable within one year | 42/48 | €14,634 | €51,114 | +€36,480 | +249% |
| Financial debts | 43 | - | €1,333 | +€1,333 | |
| Credit institutions | 430/8 | - | €1,333 | +€1,333 | |
| Trade debts | 44 | €7,821 | €10,842 | +€3,021 | +38.6% |
| Suppliers | 440/4 | €7,821 | €10,842 | +€3,021 | +38.6% |
| Taxes, remuneration and social security | 45 | €3,799 | - | -€3,799 | |
| Taxes | 450/3 | €155 | - | -€155 | |
| Remuneration and social security | 454/9 | €3,644 | - | -€3,644 | |
| Other amounts payable | 47/48 | €3,014 | €38,938 | +€35,924 | +1,192% |
| Accrued charges and deferred income | 492/3 | €106 | €276 | +€171 | +162% |
| Non-recurring operating income | 76A | - | €6,960 | +€6,960 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,360 | €2,300 | +€941 | +69.2% |
| Other operating charges | 640/8 | €1,276 | €1,371 | +€95 | +7.5% |
| Non-recurring operating charges | 66A | - | €2,019 | +€2,019 | |
| Gross operating margin | 9900 | €24,173 | €70,995 | +€46,822 | +194% |
| Operating profit (loss) | 9901 | €21,538 | €65,304 | +€43,766 | +203% |
| Financial income | 75/76B | €424 | €0 | -€424 | -100.0% |
| Recurring financial income | 75 | €424 | €0 | -€424 | -100.0% |
| Financial charges | 65/66B | €3,113 | €1,259 | -€1,854 | -59.6% |
| Recurring financial charges | 65 | €3,113 | €1,259 | -€1,854 | -59.6% |
| Profit (loss) for the period before taxes | 9903 | €18,848 | €64,045 | +€45,197 | +240% |
| Income taxes | 67/77 | €4,155 | €13,078 | +€8,923 | +215% |
| Profit (loss) for the period | 9904 | €14,693 | €50,967 | +€36,274 | +247% |
| Profit (loss) for the period to be appropriated | 9905 | €14,693 | €50,967 | +€36,274 | +247% |
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 21 October 2026 via checked.be.