SCHIPHOEK: what changed
Two fiscal 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.
SCHIPHOEK
Largest movements
- Receivables within one year -€18,917
down €18,917 (-33.6%), from €56,336 to €37,420
of which Trade receivables: -€19,390
- Deferred charges and accrued income -€7,186
down €7,186 (-47.2%), from €15,214 to €8,028
- Tangible fixed assets -€2,632
down €2,632 (-84.5%), from €3,113 to €481
of which Plant, machinery and equipment: -€1,771
- Profit (loss) carried forward -€23,042
down €23,042 (-9.6%), from -€239,969 to -€263,011
- Tax, wage and social debts -€7,444
down €7,444 (-86.7%), from €8,589 to €1,146
of which Remuneration and social security: -€5,395
- Trade debts +€4,203
up €4,203 (+49.2%), from €8,535 to €12,738
- Short-term financial debts -€1,848
no longer reported in 2025 (was €1,848)
- Gross operating margin -€4,964
down €4,964, from €2,092 to -€2,871
- Staff costs +€1,460
new in 2025: €1,460
- Depreciation -€1,336
down €1,336 (-33.7%), from €3,968 to €2,632
- Financial charges +€570
up €570 (+419.7%), from €136 to €706
- Other operating charges +€544
up €544 (+3.7%), from €14,829 to €15,373
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.
Cash bridge derived
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 | €75,751 | €47,620 | -€28,131 | -37.1% |
| Fixed assets | 21/28 | €3,984 | €1,352 | -€2,632 | -66.1% |
| Tangible fixed assets | 22/27 | €3,113 | €481 | -€2,632 | -84.5% |
| Plant, machinery and equipment | 23 | €1,771 | €0 | -€1,771 | -100.0% |
| Furniture and vehicles | 24 | €1,343 | €481 | -€861 | -64.1% |
| Financial fixed assets | 28 | €871 | €871 | = | 0.0% |
| Current assets | 29/58 | €71,767 | €46,268 | -€25,499 | -35.5% |
| Amounts receivable within one year | 40/41 | €56,336 | €37,420 | -€18,917 | -33.6% |
| Trade receivables | 40 | €56,336 | €36,946 | -€19,390 | -34.4% |
| Other amounts receivable | 41 | - | €474 | +€474 | |
| Cash at bank and in hand | 54/58 | €217 | €820 | +€604 | +278.6% |
| Deferred charges and accrued income | 490/1 | €15,214 | €8,028 | -€7,186 | -47.2% |
| Total equity and liabilities | 10/49 | €75,751 | €47,620 | -€28,131 | -37.1% |
| Equity | 10/15 | €54,273 | €31,231 | -€23,042 | -42.5% |
| Contributions | 10/11 | €279,128 | €279,128 | = | 0.0% |
| Capital | 10 | €279,128 | €279,128 | = | 0.0% |
| Issued capital | 100 | €279,128 | €279,128 | = | 0.0% |
| Reserves | 13 | €15,114 | €15,114 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,114 | €15,114 | = | 0.0% |
| Legal reserve | 130 | €15,114 | €15,114 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€239,969 | -€263,011 | -€23,042 | -9.6% |
| Amounts payable | 17/49 | €21,478 | €16,389 | -€5,088 | -23.7% |
| Amounts payable within one year | 42/48 | €21,478 | €16,389 | -€5,088 | -23.7% |
| Financial debts | 43 | €1,848 | - | -€1,848 | |
| Credit institutions | 430/8 | €1,848 | - | -€1,848 | |
| Trade debts | 44 | €8,535 | €12,738 | +€4,203 | +49.2% |
| Suppliers | 440/4 | €8,535 | €12,738 | +€4,203 | +49.2% |
| Taxes, remuneration and social security | 45 | €8,589 | €1,146 | -€7,444 | -86.7% |
| Taxes | 450/3 | €2,049 | - | -€2,049 | |
| Remuneration and social security | 454/9 | €6,541 | €1,146 | -€5,395 | -82.5% |
| Other amounts payable | 47/48 | €2,505 | €2,505 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €1,460 | +€1,460 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,968 | €2,632 | -€1,336 | -33.7% |
| Other operating charges | 640/8 | €14,829 | €15,373 | +€544 | +3.7% |
| Gross operating margin | 9900 | €2,092 | -€2,871 | -€4,964 | |
| Operating profit (loss) | 9901 | -€16,705 | -€22,336 | -€5,631 | -33.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €136 | €706 | +€570 | +419.7% |
| Recurring financial charges | 65 | €136 | €706 | +€570 | +419.7% |
| Profit (loss) for the period before taxes | 9903 | -€16,841 | -€23,042 | -€6,201 | -36.8% |
| Profit (loss) for the period | 9904 | -€16,841 | -€23,042 | -€6,201 | -36.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,841 | -€23,042 | -€6,201 | -36.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.