Schoenfabriek Siesta: what changed
What changed
Schoenfabriek Siesta
NACE 47.721, Retail sale of footwear
filed annual accounts (NBB)
Net result for the year
-€129,020
2024 · €27,037-€156,058
Equity
€143,359
2024 · €272,379-€129,020
Cash
€310,026
2024 · €238,549+€71,476
Balance sheet total
€1.9m
2024 · €2.0m-€122,890
Largest movements
Assets
- Stocks and contracts -€150,716
down €150,716 (-9.6%), from €1.6m to €1.4m
- Cash +€71,476
up €71,476 (+30.0%), from €238,549 to €310,026
mainly Stocks and contracts (+€150,716) and Depreciation (+€57,832)
- Receivables within one year -€29,783
down €29,783 (-35.1%), from €84,940 to €55,158
of which Trade receivables: -€23,321
Equity and liabilities
- Profit (loss) carried forward -€129,020
down €129,020 (-56.9%), from -€226,777 to -€355,798
- Debts after one year -€56,203
down €56,203 (-19.1%), from €294,754 to €238,551
- Short-term financial debts +€50,000
up €50,000 (+20.0%), from €249,500 to €299,500
- Trade debts +€28,538
up €28,538 (+2.7%), from €1.1m to €1.1m
Income statement
- Gross operating margin -€131,469
down €131,469 (-24.4%), from €539,880 to €408,411
- Other operating charges +€29,975
up €29,975 (+120%), from €24,959 to €54,934
- Financial charges -€10,230
down €10,230 (-31.8%), from €32,211 to €21,981
- Staff costs +€9,901
up €9,901 (+2.5%), from €392,848 to €402,749
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€27,037
Gross operating margin
-€131,469
Staff costs
-€9,901
Depreciation
+€5,288
Other operating charges
-€29,975
Financial income
-€231
Financial charges
+€10,230
Result 2025
-€129,020
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€116,396
Investment
-€41,355
Financing
-€3,564
Cash 2024
€238,549
From operations (derived)
+€116,396
Net result for the year
-€129,020
Depreciation
+€57,832
Stocks and contracts
+€150,716
Receivables within one year
+€29,783
Deferred charges and accrued income
-€2,608
Trade debts
+€28,538
Tax, wage and social debts
-€19,182
Other debts
+€1,689
Accrued charges and deferred income
-€1,351
Investment (derived)
-€41,355
Investment in fixed assets (net)
-€41,355
Financing
-€3,564
Debts after one year
-€56,203
Current portion of long-term debt
+€2,638
Short-term financial debts
+€50,000
Cash 2025
€310,026
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,039,884 | €1,916,994 | -€122,890 | -6.0% |
| Fixed assets | 21/28 | €150,965 | €134,488 | -€16,476 | -10.9% |
| Tangible fixed assets | 22/27 | €149,114 | €132,637 | -€16,476 | -11.0% |
| Land and buildings | 22 | €2,584 | €38,429 | +€35,844 | +1,387% |
| Plant, machinery and equipment | 23 | €70,288 | €47,695 | -€22,592 | -32.1% |
| Furniture and vehicles | 24 | €76,242 | €46,513 | -€29,728 | -39.0% |
| Financial fixed assets | 28 | €1,851 | €1,851 | = | 0.0% |
| Current assets | 29/58 | €1,888,919 | €1,782,506 | -€106,414 | -5.6% |
| Stocks and contracts in progress | 3 | €1,565,430 | €1,414,714 | -€150,716 | -9.6% |
| Stocks | 30/36 | €1,565,430 | €1,414,714 | -€150,716 | -9.6% |
| Amounts receivable within one year | 40/41 | €84,940 | €55,158 | -€29,783 | -35.1% |
| Trade receivables | 40 | €77,122 | €53,801 | -€23,321 | -30.2% |
| Other amounts receivable | 41 | €7,819 | €1,357 | -€6,462 | -82.6% |
| Cash at bank and in hand | 54/58 | €238,549 | €310,026 | +€71,476 | +30.0% |
| Deferred charges and accrued income | 490/1 | - | €2,608 | +€2,608 | |
| Total equity and liabilities | 10/49 | €2,039,884 | €1,916,994 | -€122,890 | -6.0% |
| Equity | 10/15 | €272,379 | €143,359 | -€129,020 | -47.4% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €249,157 | €249,157 | = | 0.0% |
| Distributable reserves | 133 | €249,157 | €249,157 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€226,777 | -€355,798 | -€129,020 | -56.9% |
| Amounts payable | 17/49 | €1,767,505 | €1,773,635 | +€6,130 | +0.3% |
| Amounts payable after more than one year | 17 | €294,754 | €238,551 | -€56,203 | -19.1% |
| Financial debts | 170/4 | €294,754 | €238,551 | -€56,203 | -19.1% |
| Amounts payable within one year | 42/48 | €1,469,733 | €1,533,416 | +€63,683 | +4.3% |
| Current portion of amounts payable after more than one year | 42 | €60,824 | €63,463 | +€2,638 | +4.3% |
| Financial debts | 43 | €249,500 | €299,500 | +€50,000 | +20.0% |
| Credit institutions | 430/8 | €249,500 | €299,500 | +€50,000 | +20.0% |
| Trade debts | 44 | €1,073,540 | €1,102,078 | +€28,538 | +2.7% |
| Suppliers | 440/4 | €1,073,540 | €1,102,078 | +€28,538 | +2.7% |
| Taxes, remuneration and social security | 45 | €85,124 | €65,941 | -€19,182 | -22.5% |
| Taxes | 450/3 | €29,418 | €30,597 | +€1,179 | +4.0% |
| Remuneration and social security | 454/9 | €55,705 | €35,344 | -€20,361 | -36.6% |
| Other amounts payable | 47/48 | €745 | €2,434 | +€1,689 | +227% |
| Accrued charges and deferred income | 492/3 | €3,018 | €1,668 | -€1,351 | -44.7% |
| Remuneration, social security and pensions | 62 | €392,848 | €402,749 | +€9,901 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,120 | €57,832 | -€5,288 | -8.4% |
| Other operating charges | 640/8 | €24,959 | €54,934 | +€29,975 | +120% |
| Gross operating margin | 9900 | €539,880 | €408,411 | -€131,469 | -24.4% |
| Operating profit (loss) | 9901 | €58,953 | -€107,104 | -€166,057 | |
| Financial income | 75/76B | €295 | €65 | -€231 | -78.2% |
| Recurring financial income | 75 | €295 | €65 | -€231 | -78.2% |
| Financial charges | 65/66B | €32,211 | €21,981 | -€10,230 | -31.8% |
| Recurring financial charges | 65 | €32,211 | €21,981 | -€10,230 | -31.8% |
| Profit (loss) for the period before taxes | 9903 | €27,037 | -€129,020 | -€156,058 | |
| Profit (loss) for the period | 9904 | €27,037 | -€129,020 | -€156,058 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,037 | -€129,020 | -€156,058 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.