Schilderwerken VB: 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 VB
Largest movements
- Cash +€26,696
up €26,696 (+101%), from €26,381 to €53,077
mainly Net result for the year (+€31,609) and Tax, wage and social debts (+€13,422)
- Tangible fixed assets +€14,955
up €14,955 (+88.1%), from €16,979 to €31,934
of which Other tangible fixed assets: +€19,959
- Stocks and contracts -€4,546
no longer reported in 2025 (was €4,546)
- Reserves +€31,609
up €31,609 (+623%), from €5,073 to €36,682
- Tax, wage and social debts +€13,422
up €13,422 (+215%), from €6,253 to €19,675
of which Taxes: +€8,916
- Other debts -€12,477
down €12,477 (-79.1%), from €15,772 to €3,295
- Trade debts +€3,624
up €3,624 (+18.2%), from €19,897 to €23,521
- Gross operating margin +€38,388
up €38,388 (+368%), from €10,429 to €48,817
- Taxes +€7,630
up €7,630 (+565%), from €1,351 to €8,981
- Depreciation +€2,063
up €2,063 (+54.1%), from €3,810 to €5,873
- Staff costs +€1,677
new in 2025: €1,677
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 | €52,383 | €88,173 | +€35,790 | +68.3% |
| Fixed assets | 21/28 | €18,779 | €33,734 | +€14,955 | +79.6% |
| Tangible fixed assets | 22/27 | €16,979 | €31,934 | +€14,955 | +88.1% |
| Plant, machinery and equipment | 23 | €3,301 | €2,881 | -€420 | -12.7% |
| Furniture and vehicles | 24 | €12,239 | €7,655 | -€4,584 | -37.5% |
| Other tangible fixed assets | 26 | €1,439 | €21,398 | +€19,959 | +1,387% |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €33,604 | €54,439 | +€20,835 | +62.0% |
| Stocks and contracts in progress | 3 | €4,546 | - | -€4,546 | |
| Contracts in progress | 37 | €4,546 | - | -€4,546 | |
| Amounts receivable within one year | 40/41 | €1,133 | €399 | -€734 | -64.8% |
| Trade receivables | 40 | €1,133 | €188 | -€945 | -83.4% |
| Other amounts receivable | 41 | - | €211 | +€211 | |
| Cash at bank and in hand | 54/58 | €26,381 | €53,077 | +€26,696 | +101% |
| Deferred charges and accrued income | 490/1 | €1,544 | €963 | -€581 | -37.6% |
| Total equity and liabilities | 10/49 | €52,383 | €88,173 | +€35,790 | +68.3% |
| Equity | 10/15 | €10,073 | €41,682 | +€31,609 | +314% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €5,073 | €36,682 | +€31,609 | +623% |
| Distributable reserves | 133 | €5,073 | €36,682 | +€31,609 | +623% |
| Amounts payable | 17/49 | €42,310 | €46,491 | +€4,181 | +9.9% |
| Amounts payable within one year | 42/48 | €41,922 | €46,491 | +€4,569 | +10.9% |
| Trade debts | 44 | €19,897 | €23,521 | +€3,624 | +18.2% |
| Suppliers | 440/4 | €19,897 | €23,521 | +€3,624 | +18.2% |
| Taxes, remuneration and social security | 45 | €6,253 | €19,675 | +€13,422 | +215% |
| Taxes | 450/3 | €6,253 | €15,169 | +€8,916 | +143% |
| Remuneration and social security | 454/9 | - | €4,506 | +€4,506 | |
| Other amounts payable | 47/48 | €15,772 | €3,295 | -€12,477 | -79.1% |
| Accrued charges and deferred income | 492/3 | €388 | - | -€388 | |
| Remuneration, social security and pensions | 62 | - | €1,677 | +€1,677 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,810 | €5,873 | +€2,063 | +54.1% |
| Other operating charges | 640/8 | €159 | €581 | +€422 | +265% |
| Gross operating margin | 9900 | €10,429 | €48,817 | +€38,388 | +368% |
| Operating profit (loss) | 9901 | €6,460 | €40,686 | +€34,226 | +530% |
| Financial charges | 65/66B | €36 | €96 | +€60 | +167% |
| Recurring financial charges | 65 | €36 | €96 | +€60 | +167% |
| Profit (loss) for the period before taxes | 9903 | €6,424 | €40,590 | +€34,166 | +532% |
| Income taxes | 67/77 | €1,351 | €8,981 | +€7,630 | +565% |
| Profit (loss) for the period | 9904 | €5,073 | €31,609 | +€26,536 | +523% |
| Profit (loss) for the period to be appropriated | 9905 | €5,073 | €31,609 | +€26,536 | +523% |
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 29 October 2026 via checked.be.