'T SCHIPPERKE: 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.
'T SCHIPPERKE
Largest movements
- Cash -€19,927
down €19,927 (-38.5%), from €51,783 to €31,857
mainly Debts after one year (-€20,419) and Trade debts (-€18,691)
- Tangible fixed assets -€11,715
down €11,715 (-3.8%), from €308,143 to €296,428
of which Land and buildings: -€11,935
- Receivables within one year -€7,479
down €7,479 (-44.1%), from €16,952 to €9,473
of which Trade receivables: -€11,215
- Debts after one year -€20,419
down €20,419 (-7.7%), from €264,561 to €244,142
- Trade debts -€18,691
down €18,691 (-73.7%), from €25,364 to €6,673
- Reserves +€10,515
up €10,515 (+135%), from €7,805 to €18,319
- Tax, wage and social debts -€7,072
down €7,072 (-25.6%), from €27,670 to €20,598
of which Taxes: -€4,770
- Other debts -€5,000
down €5,000 (-24.1%), from €20,723 to €15,723
- Gross operating margin -€10,296
down €10,296 (-4.5%), from €230,854 to €220,559
- Staff costs +€5,395
up €5,395 (+3.2%), from €170,248 to €175,643
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 | €384,600 | €344,645 | -€39,955 | -10.4% |
| Fixed assets | 21/28 | €308,143 | €296,428 | -€11,715 | -3.8% |
| Tangible fixed assets | 22/27 | €308,143 | €296,428 | -€11,715 | -3.8% |
| Land and buildings | 22 | €299,637 | €287,702 | -€11,935 | -4.0% |
| Plant, machinery and equipment | 23 | €8,506 | €8,726 | +€221 | +2.6% |
| Current assets | 29/58 | €76,457 | €48,217 | -€28,240 | -36.9% |
| Stocks and contracts in progress | 3 | €6,617 | €6,167 | -€450 | -6.8% |
| Stocks | 30/36 | €6,617 | €6,167 | -€450 | -6.8% |
| Amounts receivable within one year | 40/41 | €16,952 | €9,473 | -€7,479 | -44.1% |
| Trade receivables | 40 | €15,456 | €4,241 | -€11,215 | -72.6% |
| Other amounts receivable | 41 | €1,497 | €5,233 | +€3,736 | +250% |
| Cash at bank and in hand | 54/58 | €51,783 | €31,857 | -€19,927 | -38.5% |
| Deferred charges and accrued income | 490/1 | €1,104 | €720 | -€384 | -34.8% |
| Total equity and liabilities | 10/49 | €384,600 | €344,645 | -€39,955 | -10.4% |
| Equity | 10/15 | €26,397 | €36,911 | +€10,515 | +39.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €7,805 | €18,319 | +€10,515 | +135% |
| Distributable reserves | 133 | €7,805 | €18,319 | +€10,515 | +135% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €358,203 | €307,733 | -€50,469 | -14.1% |
| Amounts payable after more than one year | 17 | €264,561 | €244,142 | -€20,419 | -7.7% |
| Financial debts | 170/4 | €264,561 | €244,142 | -€20,419 | -7.7% |
| Amounts payable within one year | 42/48 | €93,642 | €63,592 | -€30,050 | -32.1% |
| Current portion of amounts payable after more than one year | 42 | €19,099 | €19,962 | +€863 | +4.5% |
| Trade debts | 44 | €25,364 | €6,673 | -€18,691 | -73.7% |
| Suppliers | 440/4 | €25,364 | €6,673 | -€18,691 | -73.7% |
| Advances received on contracts in progress | 46 | €785 | €635 | -€150 | -19.1% |
| Taxes, remuneration and social security | 45 | €27,670 | €20,598 | -€7,072 | -25.6% |
| Taxes | 450/3 | €12,239 | €7,469 | -€4,770 | -39.0% |
| Remuneration and social security | 454/9 | €15,431 | €13,129 | -€2,302 | -14.9% |
| Other amounts payable | 47/48 | €20,723 | €15,723 | -€5,000 | -24.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €170,248 | €175,643 | +€5,395 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,908 | €18,016 | -€892 | -4.7% |
| Other operating charges | 640/8 | €6,250 | €6,220 | -€30 | -0.5% |
| Gross operating margin | 9900 | €230,854 | €220,559 | -€10,296 | -4.5% |
| Operating profit (loss) | 9901 | €35,448 | €20,680 | -€14,768 | -41.7% |
| Financial income | 75/76B | €68 | €353 | +€284 | +416% |
| Recurring financial income | 75 | €68 | €353 | +€284 | +416% |
| Financial charges | 65/66B | €9,291 | €8,193 | -€1,098 | -11.8% |
| Recurring financial charges | 65 | €9,291 | €8,193 | -€1,098 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €26,225 | €12,840 | -€13,385 | -51.0% |
| Income taxes | 67/77 | €778 | €2,326 | +€1,548 | +199% |
| Profit (loss) for the period | 9904 | €25,447 | €10,515 | -€14,933 | -58.7% |
| Profit (loss) for the period to be appropriated | 9905 | €25,447 | €10,515 | -€14,933 | -58.7% |
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 21 October 2026 via checked.be.