SCHIPPERS: 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.
What changed
SCHIPPERS
NACE 46.610, Wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€492,850
2024 · €517,179-€24,329
Equity
€1.1m
2024 · €2.2m-€1.1m
Cash
€115,572
2024 · €147,215-€31,643
Balance sheet total
€3.9m
2024 · €3.0m+€897,728
Largest movements
Assets
- Receivables within one year +€993,611
up €993,611 (+73.2%), from €1.4m to €2.4m
of which Other amounts receivable: +€676,237
- Tangible fixed assets -€45,161
down €45,161 (-3.0%), from €1.5m to €1.4m
of which Other tangible fixed assets: -€108,822
Equity and liabilities
- Other debts +€1.6m
up €1.6m (+800,000%), from €200 to €1.6m
- Reserves -€1.1m
down €1.1m (-81.0%), from €1.4m to €259,300
- Provisions +€197,654
new in 2025: €197,654
- Tax, wage and social debts +€119,599
up €119,599 (+30.2%), from €395,602 to €515,201
of which Taxes: +€124,765
- Trade debts +€89,105
up €89,105 (+19.9%), from €448,687 to €537,792
Income statement
- Turnover -€14.4m
no longer reported in 2025 (was €14.4m)
- Goods and materials -€11.0m
no longer reported in 2025 (was €11.0m)
- Gross operating margin +€2.1m
new in 2025: €2.1m
- Services and other goods -€1.8m
no longer reported in 2025 (was €1.8m)
- Provisions +€197,654
new in 2025: €197,654
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.
Result 2024
€517,179
Turnover
-€14.4m
Other operating income
-€11,229
Goods and materials
+€11.0m
Services and other goods
+€1.8m
Staff costs
-€122,307
Depreciation
-€17,025
Write-downs
-€5,000
Provisions
-€197,654
Other operating charges
-€3,541
Other operating items
+€2.1m
Financial income
-€29,369
Financial charges
+€986
Taxes
-€67,636
Result 2025
€492,850
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.7m
Investment
-€160,712
Financing
-€1.6m
Cash 2024
€147,215
From operations (derived)
+€1.7m
Net result for the year
+€492,850
Depreciation
+€205,873
Stocks and contracts
+€33,383
Receivables within one year
-€993,611
Deferred charges and accrued income
-€14,304
Provisions
+€197,654
Trade debts
+€89,105
Tax, wage and social debts
+€119,599
Other debts
+€1.6m
Investment (derived)
-€160,712
Investment in fixed assets (net)
-€160,712
Financing
-€1.6m
Contributions, distributions and other
-€1.6m
Cash 2025
€115,572
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,036,931 | €3,934,659 | +€897,728 | +29.6% |
| Fixed assets | 21/28 | €1,484,251 | €1,439,090 | -€45,161 | -3.0% |
| Tangible fixed assets | 22/27 | €1,484,251 | €1,439,090 | -€45,161 | -3.0% |
| Land and buildings | 22 | €740,731 | €766,245 | +€25,514 | +3.4% |
| Plant, machinery and equipment | 23 | €1,758 | €1,555 | -€203 | -11.5% |
| Furniture and vehicles | 24 | €173,978 | €212,328 | +€38,350 | +22.0% |
| Other tangible fixed assets | 26 | €567,784 | €458,962 | -€108,822 | -19.2% |
| Current assets | 29/58 | €1,552,680 | €2,495,569 | +€942,889 | +60.7% |
| Stocks and contracts in progress | 3 | €33,383 | - | -€33,383 | |
| Stocks | 30/36 | €33,383 | - | -€33,383 | |
| Goods purchased for resale | 34 | €11 | - | -€11 | |
| Property held for sale | 35 | €33,372 | - | -€33,372 | |
| Amounts receivable within one year | 40/41 | €1,357,772 | €2,351,383 | +€993,611 | +73.2% |
| Trade receivables | 40 | €916,261 | €1,233,635 | +€317,374 | +34.6% |
| Other amounts receivable | 41 | €441,511 | €1,117,748 | +€676,237 | +153% |
| Cash at bank and in hand | 54/58 | €147,215 | €115,572 | -€31,643 | -21.5% |
| Deferred charges and accrued income | 490/1 | €14,310 | €28,614 | +€14,304 | +100.0% |
| Total equity and liabilities | 10/49 | €3,036,931 | €3,934,659 | +€897,728 | +29.6% |
| Equity | 10/15 | €2,192,442 | €1,083,812 | -€1.1m | -50.6% |
| Contributions | 10/11 | €818,592 | €818,592 | = | 0.0% |
| Reserves | 13 | €1,366,450 | €259,300 | -€1.1m | -81.0% |
| Distributable reserves | 133 | €1,366,450 | €259,300 | -€1.1m | -81.0% |
| Investment grants | 15 | €7,400 | €5,920 | -€1,480 | -20.0% |
| Provisions and deferred taxes | 16 | - | €197,654 | +€197,654 | |
| Provisions for liabilities and charges | 160/5 | - | €197,654 | +€197,654 | |
| Other liabilities and charges | 164/5 | - | €197,654 | +€197,654 | |
| Amounts payable | 17/49 | €844,489 | €2,653,193 | +€1.8m | +214% |
| Amounts payable within one year | 42/48 | €844,489 | €2,653,193 | +€1.8m | +214% |
| Trade debts | 44 | €448,687 | €537,792 | +€89,105 | +19.9% |
| Suppliers | 440/4 | €448,687 | €537,792 | +€89,105 | +19.9% |
| Taxes, remuneration and social security | 45 | €395,602 | €515,201 | +€119,599 | +30.2% |
| Taxes | 450/3 | €264,659 | €389,424 | +€124,765 | +47.1% |
| Remuneration and social security | 454/9 | €130,943 | €125,777 | -€5,166 | -3.9% |
| Other amounts payable | 47/48 | €200 | €1,600,200 | +€1.6m | +800,000% |
| Operating income | 70/76A | €14,443,914 | - | -€14.4m | |
| Turnover | 70 | €14,428,185 | - | -€14.4m | |
| Other operating income | 74 | €11,229 | - | -€11,229 | |
| Non-recurring operating income | 76A | €4,500 | €3,060 | -€1,440 | -32.0% |
| Operating charges | 60/66A | €13,783,188 | - | -€13.8m | |
| Goods for resale, raw materials and consumables | 60 | €10,996,005 | - | -€11.0m | |
| Purchases | 600/8 | €10,996,005 | - | -€11.0m | |
| Services and other goods | 61 | €1,809,398 | - | -€1.8m | |
| Remuneration, social security and pensions | 62 | €762,956 | €885,263 | +€122,307 | +16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €188,848 | €205,873 | +€17,025 | +9.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€3,000 | €2,000 | +€5,000 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €197,654 | +€197,654 | |
| Other operating charges | 640/8 | €20,700 | €24,241 | +€3,541 | +17.1% |
| Non-recurring operating charges | 66A | €8,281 | €3,757 | -€4,524 | -54.6% |
| Gross operating margin | 9900 | - | €2,051,204 | +€2.1m | |
| Operating profit (loss) | 9901 | €660,726 | €732,416 | +€71,690 | +10.9% |
| Financial income | 75/76B | €67,120 | €37,751 | -€29,369 | -43.8% |
| Recurring financial income | 75 | €67,120 | €37,751 | -€29,369 | -43.8% |
| Income from current assets | 751 | €65,482 | - | -€65,482 | |
| Other financial income | 752/9 | €1,638 | - | -€1,638 | |
| Financial charges | 65/66B | €18,772 | €17,786 | -€986 | -5.3% |
| Recurring financial charges | 65 | €18,772 | €17,786 | -€986 | -5.3% |
| Other financial charges | 652/9 | €18,772 | - | -€18,772 | |
| Profit (loss) for the period before taxes | 9903 | €709,074 | €752,381 | +€43,307 | +6.1% |
| Income taxes | 67/77 | €191,895 | €259,531 | +€67,636 | +35.2% |
| Taxes | 670/3 | €191,895 | - | -€191,895 | |
| Profit (loss) for the period | 9904 | €517,179 | €492,850 | -€24,329 | -4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €517,179 | €492,850 | -€24,329 | -4.7% |
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 14 October 2026 via checked.be.