SCHUPPEN: 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.
SCHUPPEN
Largest movements
- Financial fixed assets -€87,850
down €87,850 (-43.0%), from €204,302 to €116,452
- Cash +€71,976
up €71,976 (+89,322%), from €81 to €72,056
mainly Investment in fixed assets (net) (+€87,850) and Net result for the year (+€83,173)
- Receivables within one year +€15,855
up €15,855 (+101%), from €15,626 to €31,481
of which Trade receivables: +€9,737
- Reserves +€43,173
up €43,173 (+150%), from €28,869 to €72,042
- Other debts -€28,800
down €28,800 (-36.3%), from €79,278 to €50,478
- Debts after one year -€18,487
down €18,487 (-27.2%), from €67,984 to €49,497
- Trade debts +€4,270
up €4,270 (+41.1%), from €10,400 to €14,670
- Gross operating margin +€42,439
up €42,439 (+138%), from €30,723 to €73,161
- Financial income +€28,828
up €28,828 (+1,166%), from €2,473 to €31,301
- Taxes +€9,930
up €9,930 (+125%), from €7,955 to €17,885
- Financial charges -€858
down €858 (-20.2%), from €4,247 to €3,389
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 | €221,769 | €223,350 | +€1,581 | +0.7% |
| Fixed assets | 21/28 | €204,302 | €116,452 | -€87,850 | -43.0% |
| Financial fixed assets | 28 | €204,302 | €116,452 | -€87,850 | -43.0% |
| Current assets | 29/58 | €17,467 | €106,898 | +€89,431 | +512% |
| Amounts receivable within one year | 40/41 | €15,626 | €31,481 | +€15,855 | +101% |
| Trade receivables | 40 | €15,626 | €25,363 | +€9,737 | +62.3% |
| Other amounts receivable | 41 | - | €6,118 | +€6,118 | |
| Cash at bank and in hand | 54/58 | €81 | €72,056 | +€71,976 | +89,322% |
| Deferred charges and accrued income | 490/1 | €1,760 | €3,360 | +€1,600 | +90.9% |
| Total equity and liabilities | 10/49 | €221,769 | €223,350 | +€1,581 | +0.7% |
| Equity | 10/15 | €31,369 | €74,542 | +€43,173 | +138% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €28,869 | €72,042 | +€43,173 | +150% |
| Distributable reserves | 133 | €28,869 | €72,042 | +€43,173 | +150% |
| Amounts payable | 17/49 | €190,400 | €148,808 | -€41,592 | -21.8% |
| Amounts payable after more than one year | 17 | €67,984 | €49,497 | -€18,487 | -27.2% |
| Financial debts | 170/4 | €67,984 | €49,497 | -€18,487 | -27.2% |
| Amounts payable within one year | 42/48 | €122,416 | €99,311 | -€23,105 | -18.9% |
| Current portion of amounts payable after more than one year | 42 | €17,869 | €18,487 | +€618 | +3.5% |
| Trade debts | 44 | €10,400 | €14,670 | +€4,270 | +41.1% |
| Suppliers | 440/4 | €10,400 | €14,670 | +€4,270 | +41.1% |
| Taxes, remuneration and social security | 45 | €14,870 | €15,677 | +€807 | +5.4% |
| Taxes | 450/3 | €10,092 | €10,899 | +€807 | +8.0% |
| Remuneration and social security | 454/9 | €4,778 | €4,778 | = | 0.0% |
| Other amounts payable | 47/48 | €79,278 | €50,478 | -€28,800 | -36.3% |
| Other operating charges | 640/8 | €591 | €15 | -€576 | -97.5% |
| Gross operating margin | 9900 | €30,723 | €73,161 | +€42,439 | +138% |
| Operating profit (loss) | 9901 | €30,132 | €73,147 | +€43,015 | +143% |
| Financial income | 75/76B | €2,473 | €31,301 | +€28,828 | +1,166% |
| Recurring financial income | 75 | €2,473 | €31,301 | +€28,828 | +1,166% |
| Financial charges | 65/66B | €4,247 | €3,389 | -€858 | -20.2% |
| Recurring financial charges | 65 | €4,247 | €3,389 | -€858 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | €28,357 | €101,058 | +€72,701 | +256% |
| Income taxes | 67/77 | €7,955 | €17,885 | +€9,930 | +125% |
| Profit (loss) for the period | 9904 | €20,402 | €83,173 | +€62,771 | +308% |
| Profit (loss) for the period to be appropriated | 9905 | €20,402 | €83,173 | +€62,771 | +308% |
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 24 October 2026 via checked.be.