SCHUDDINCK CREATIONS: 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.
SCHUDDINCK CREATIONS
Largest movements
- Receivables within one year +€21,742
up €21,742 (+70.3%), from €30,926 to €52,668
of which Trade receivables: +€21,406
- Stocks and contracts -€3,981
down €3,981 (-8.0%), from €50,071 to €46,090
of which Contracts in progress: -€2,248
- Deferred charges and accrued income +€1,511
up €1,511 (+123%), from €1,224 to €2,735
- Tangible fixed assets -€1,471
down €1,471 (-13.7%), from €10,778 to €9,306
of which Other tangible fixed assets: -€3,014
- Tax, wage and social debts -€24,762
down €24,762 (-94.7%), from €26,141 to €1,380
of which Remuneration and social security: -€17,965
- Other debts +€15,577
up €15,577 (+29.0%), from €53,693 to €69,270
- Profit (loss) carried forward +€12,749
up €12,749 (+11.4%), from -€111,937 to -€99,187
- Trade debts +€8,960
up €8,960 (+23.3%), from €38,382 to €47,342
- Short-term financial debts +€5,497
up €5,497 (+22.5%), from €24,377 to €29,874
- Staff costs -€18,474
down €18,474 (-24.3%), from €76,179 to €57,704
- Gross operating margin -€7,511
down €7,511 (-8.3%), from €90,749 to €83,238
- Financial charges -€1,116
down €1,116 (-22.8%), from €4,887 to €3,771
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 | €95,400 | €113,138 | +€17,738 | +18.6% |
| Fixed assets | 21/28 | €11,048 | €9,576 | -€1,471 | -13.3% |
| Tangible fixed assets | 22/27 | €10,778 | €9,306 | -€1,471 | -13.7% |
| Plant, machinery and equipment | 23 | €3,140 | €6,146 | +€3,006 | +95.7% |
| Furniture and vehicles | 24 | €1,464 | - | -€1,464 | |
| Other tangible fixed assets | 26 | €6,174 | €3,160 | -€3,014 | -48.8% |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €84,353 | €103,562 | +€19,209 | +22.8% |
| Stocks and contracts in progress | 3 | €50,071 | €46,090 | -€3,981 | -8.0% |
| Stocks | 30/36 | €28,483 | €26,750 | -€1,733 | -6.1% |
| Contracts in progress | 37 | €21,588 | €19,340 | -€2,248 | -10.4% |
| Amounts receivable within one year | 40/41 | €30,926 | €52,668 | +€21,742 | +70.3% |
| Trade receivables | 40 | €27,953 | €49,359 | +€21,406 | +76.6% |
| Other amounts receivable | 41 | €2,973 | €3,308 | +€336 | +11.3% |
| Cash at bank and in hand | 54/58 | €2,132 | €2,070 | -€63 | -2.9% |
| Deferred charges and accrued income | 490/1 | €1,224 | €2,735 | +€1,511 | +123% |
| Total equity and liabilities | 10/49 | €95,400 | €113,138 | +€17,738 | +18.6% |
| Equity | 10/15 | -€48,326 | -€35,577 | +€12,749 | +26.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Revaluation surpluses | 12 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €32,560 | €32,560 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,288 | €5,288 | = | 0.0% |
| Distributable reserves | 133 | €25,413 | €25,413 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€111,937 | -€99,187 | +€12,749 | +11.4% |
| Amounts payable | 17/49 | €143,727 | €148,715 | +€4,989 | +3.5% |
| Amounts payable after more than one year | 17 | €850 | €850 | = | 0.0% |
| Other amounts payable | 178/9 | €850 | €850 | = | 0.0% |
| Amounts payable within one year | 42/48 | €142,593 | €147,865 | +€5,272 | +3.7% |
| Financial debts | 43 | €24,377 | €29,874 | +€5,497 | +22.5% |
| Credit institutions | 430/8 | €24,377 | €29,874 | +€5,497 | +22.5% |
| Trade debts | 44 | €38,382 | €47,342 | +€8,960 | +23.3% |
| Suppliers | 440/4 | €38,382 | €47,342 | +€8,960 | +23.3% |
| Taxes, remuneration and social security | 45 | €26,141 | €1,380 | -€24,762 | -94.7% |
| Taxes | 450/3 | €7,114 | €318 | -€6,796 | -95.5% |
| Remuneration and social security | 454/9 | €19,027 | €1,062 | -€17,965 | -94.4% |
| Other amounts payable | 47/48 | €53,693 | €69,270 | +€15,577 | +29.0% |
| Accrued charges and deferred income | 492/3 | €283 | - | -€283 | |
| Remuneration, social security and pensions | 62 | €76,179 | €57,704 | -€18,474 | -24.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,751 | €6,094 | +€343 | +6.0% |
| Other operating charges | 640/8 | €2,738 | €2,928 | +€190 | +6.9% |
| Gross operating margin | 9900 | €90,749 | €83,238 | -€7,511 | -8.3% |
| Operating profit (loss) | 9901 | €6,081 | €16,511 | +€10,431 | +172% |
| Financial income | 75/76B | €130 | €9 | -€121 | -93.0% |
| Recurring financial income | 75 | €130 | €9 | -€121 | -93.0% |
| Financial charges | 65/66B | €4,887 | €3,771 | -€1,116 | -22.8% |
| Recurring financial charges | 65 | €4,887 | €3,771 | -€1,116 | -22.8% |
| Profit (loss) for the period before taxes | 9903 | €1,323 | €12,749 | +€11,426 | +864% |
| Profit (loss) for the period | 9904 | €1,323 | €12,749 | +€11,426 | +864% |
| Profit (loss) for the period to be appropriated | 9905 | €1,323 | €12,749 | +€11,426 | +864% |
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 18 October 2026 via checked.be.