SCHOEPS: 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.
What changed
SCHOEPS
NACE 46.331, Wholesale trade
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€675,077
2024 · €545,130+€129,947
Equity
€3.7m
2024 · €4.0m-€327,739
Cash
€2.6m
2024 · €1.0m+€1.6m
Balance sheet total
€11.6m
2024 · €9.8m+€1.8m
Largest movements
Assets
- Cash +€1.6m
up €1.6m (+160.2%), from €1.0m to €2.6m
mainly Short-term financial debts (+€1.6m) and Net result for the year (+€675,077)
- Tangible fixed assets +€673,017
up €673,017 (+17.5%), from €3.9m to €4.5m
of which Land and buildings: +€1.8m
- Receivables within one year -€582,972
down €582,972 (-17.4%), from €3.4m to €2.8m
of which Other amounts receivable: -€744,965
Equity and liabilities
- Short-term financial debts +€1.6m
new in 2025: €1.6m
- Profit (loss) carried forward -€324,923
down €324,923 (-12.7%), from €2.6m to €2.2m
- Trade debts +€253,448
up €253,448 (+11.1%), from €2.3m to €2.5m
- Debts after one year +€194,239
up €194,239 (+9.2%), from €2.1m to €2.3m
Income statement
- Turnover +€9.0m
up €9.0m (+35.7%), from €25.1m to €34.1m
- Goods and materials +€7.7m
up €7.7m (+37.2%), from €20.8m to €28.5m
of which Purchases: +€7.7m
- Services and other goods +€551,461
up €551,461 (+21.4%), from €2.6m to €3.1m
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
€545,130
Turnover
+€9.0m
Other operating income
-€848
Goods and materials
-€7.7m
Services and other goods
-€551,461
Staff costs
-€171,405
Depreciation
-€208,281
Write-downs
-€31,323
Other operating charges
+€3,797
Other operating items
-€96,688
Financial income
+€1
Financial charges
-€28,989
Taxes
-€43,070
Result 2025
€675,077
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.
From operations
+€1.9m
Investment
-€1.1m
Financing
+€807,609
Cash 2024
€1.0m
From operations (derived)
+€1.9m
Net result for the year
+€675,077
Depreciation
+€404,570
Stocks and contracts
-€90,426
Receivables within one year
+€582,972
Deferred charges and accrued income
-€5,204
Trade debts
+€253,448
Tax, wage and social debts
+€46,815
Accrued charges and deferred income
+€130
Investment (derived)
-€1.1m
Investment in fixed assets (net)
-€1.1m
Current investments
-€5
Financing
+€807,609
Debts after one year
+€194,239
Current portion of long-term debt
+€38,435
Short-term financial debts
+€1.6m
Contributions, distributions and other
-€1.0m
Cash 2025
€2.6m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,845,251 | €11,628,331 | +€1.8m | +18.1% |
| Fixed assets | 21/28 | €3,874,780 | €4,540,334 | +€665,553 | +17.2% |
| Intangible fixed assets | 21 | €19,810 | €12,047 | -€7,763 | -39.2% |
| Tangible fixed assets | 22/27 | €3,854,970 | €4,527,987 | +€673,017 | +17.5% |
| Land and buildings | 22 | €1,010,517 | €2,833,930 | +€1.8m | +180.4% |
| Plant, machinery and equipment | 23 | €381,700 | €352,126 | -€29,573 | -7.7% |
| Furniture and vehicles | 24 | €17,432 | €15,761 | -€1,671 | -9.6% |
| Leasing and similar rights | 25 | €1,436,424 | €1,326,169 | -€110,255 | -7.7% |
| Assets under construction and advance payments | 27 | €1,008,897 | €0 | -€1.0m | -100.0% |
| Financial fixed assets | 28 | - | €300 | +€300 | |
| Other financial fixed assets | 284/8 | - | €300 | +€300 | |
| Amounts receivable and cash guarantees | 285/8 | - | €300 | +€300 | |
| Current assets | 29/58 | €5,970,471 | €7,087,997 | +€1.1m | +18.7% |
| Stocks and contracts in progress | 3 | €1,584,000 | €1,674,426 | +€90,426 | +5.7% |
| Stocks | 30/36 | €1,584,000 | €1,674,426 | +€90,426 | +5.7% |
| Raw materials and consumables | 30/31 | €1,330,950 | €1,391,078 | +€60,127 | +4.5% |
| Finished goods | 33 | €248,559 | €280,795 | +€32,235 | +13.0% |
| Goods purchased for resale | 34 | €4,491 | €2,554 | -€1,937 | -43.1% |
| Amounts receivable within one year | 40/41 | €3,360,063 | €2,777,091 | -€582,972 | -17.4% |
| Trade receivables | 40 | €2,539,515 | €2,701,509 | +€161,993 | +6.4% |
| Other amounts receivable | 41 | €820,548 | €75,582 | -€744,965 | -90.8% |
| Current investments | 50/53 | €492 | €496 | +€5 | +0.9% |
| Other investments | 51/53 | €492 | €496 | +€5 | +0.9% |
| Cash at bank and in hand | 54/58 | €1,002,057 | €2,606,921 | +€1.6m | +160.2% |
| Deferred charges and accrued income | 490/1 | €23,858 | €29,063 | +€5,204 | +21.8% |
| Total equity and liabilities | 10/49 | €9,845,251 | €11,628,331 | +€1.8m | +18.1% |
| Equity | 10/15 | €4,026,003 | €3,698,264 | -€327,739 | -8.1% |
| Contributions | 10/11 | €1,297,472 | €1,297,472 | = | 0.0% |
| Capital | 10 | €1,297,472 | €1,297,472 | = | 0.0% |
| Issued capital | 100 | €1,297,472 | €1,297,472 | = | 0.0% |
| Reserves | 13 | €129,747 | €129,747 | = | 0.0% |
| Non-distributable reserves | 130/1 | €129,747 | €129,747 | = | 0.0% |
| Legal reserve | 130 | €129,747 | €129,747 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,551,240 | €2,226,317 | -€324,923 | -12.7% |
| Investment grants | 15 | €47,543 | €44,727 | -€2,816 | -5.9% |
| Amounts payable | 17/49 | €5,819,249 | €7,930,067 | +€2.1m | +36.3% |
| Amounts payable after more than one year | 17 | €2,109,503 | €2,303,743 | +€194,239 | +9.2% |
| Financial debts | 170/4 | €2,109,503 | €2,303,743 | +€194,239 | +9.2% |
| Leasing and similar obligations | 172 | €1,222,479 | €1,054,945 | -€167,534 | -13.7% |
| Credit institutions | 173 | €887,024 | €1,248,798 | +€361,774 | +40.8% |
| Amounts payable within one year | 42/48 | €3,701,398 | €5,617,846 | +€1.9m | +51.8% |
| Current portion of amounts payable after more than one year | 42 | €299,761 | €338,195 | +€38,435 | +12.8% |
| Financial debts | 43 | - | €1,577,751 | +€1.6m | |
| Credit institutions | 430/8 | - | €1,577,751 | +€1.6m | |
| Trade debts | 44 | €2,287,825 | €2,541,273 | +€253,448 | +11.1% |
| Suppliers | 440/4 | €2,287,825 | €2,541,273 | +€253,448 | +11.1% |
| Taxes, remuneration and social security | 45 | €113,812 | €160,627 | +€46,815 | +41.1% |
| Taxes | 450/3 | €21,818 | €25,481 | +€3,662 | +16.8% |
| Remuneration and social security | 454/9 | €91,994 | €135,146 | +€43,152 | +46.9% |
| Other amounts payable | 47/48 | €1,000,000 | €1,000,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €8,348 | €8,478 | +€130 | +1.6% |
| Operating income | 70/76A | €25,276,032 | €34,154,795 | +€8.9m | +35.1% |
| Turnover | 70 | €25,122,980 | €34,099,885 | +€9.0m | +35.7% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €129,187 | €32,235 | -€96,952 | -75.0% |
| Other operating income | 74 | €23,523 | €22,675 | -€848 | -3.6% |
| Non-recurring operating income | 76A | €342 | €0 | -€342 | -100.0% |
| Operating charges | 60/66A | €24,404,249 | €33,081,007 | +€8.7m | +35.6% |
| Goods for resale, raw materials and consumables | 60 | €20,765,275 | €28,483,966 | +€7.7m | +37.2% |
| Purchases | 600/8 | €20,905,643 | €28,580,384 | +€7.7m | +36.7% |
| Change in stocks: decrease (increase) | 609 | -€140,368 | -€96,418 | +€43,950 | +31.3% |
| Services and other goods | 61 | €2,580,059 | €3,131,520 | +€551,461 | +21.4% |
| Remuneration, social security and pensions | 62 | €824,052 | €995,456 | +€171,405 | +20.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €196,289 | €404,570 | +€208,281 | +106.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,904 | €38,227 | +€31,323 | +453.7% |
| Other operating charges | 640/8 | €31,065 | €27,268 | -€3,797 | -12.2% |
| Non-recurring operating charges | 66A | €605 | €0 | -€605 | -100.0% |
| Operating profit (loss) | 9901 | €871,782 | €1,073,788 | +€202,005 | +23.2% |
| Financial income | 75/76B | €2,821 | €2,822 | +€1 | 0.0% |
| Recurring financial income | 75 | €2,821 | €2,822 | +€1 | 0.0% |
| Income from current assets | 751 | €5 | €6 | +€1 | +10.1% |
| Other financial income | 752/9 | €2,816 | €2,816 | +€0 | 0.0% |
| Financial charges | 65/66B | €140,029 | €169,018 | +€28,989 | +20.7% |
| Recurring financial charges | 65 | €140,029 | €169,018 | +€28,989 | +20.7% |
| Debt charges | 650 | €129,780 | €157,519 | +€27,738 | +21.4% |
| Other financial charges | 652/9 | €10,249 | €11,500 | +€1,250 | +12.2% |
| Profit (loss) for the period before taxes | 9903 | €734,574 | €907,591 | +€173,017 | +23.6% |
| Income taxes | 67/77 | €189,444 | €232,514 | +€43,070 | +22.7% |
| Taxes | 670/3 | €189,444 | €233,002 | +€43,558 | +23.0% |
| Tax adjustments and reversals of tax provisions | 77 | - | €488 | +€488 | |
| Profit (loss) for the period | 9904 | €545,130 | €675,077 | +€129,947 | +23.8% |
| Profit (loss) for the period to be appropriated | 9905 | €545,130 | €675,077 | +€129,947 | +23.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.