TABELLIO DE SCHAPENWEI: 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.
TABELLIO DE SCHAPENWEI
Largest movements
- Tangible fixed assets +€45,527
up €45,527 (+18.3%), from €248,143 to €293,671
of which Leasing and similar rights: +€93,737
- Cash -€27,364
down €27,364 (-30.7%), from €89,077 to €61,713
mainly Investment in fixed assets (net) (-€99,061) and Other debts (-€30,275)
- Receivables within one year -€17,359
no longer reported in 2025 (was €17,359)
of which Trade receivables: -€16,940
- Debts after one year +€42,210
new in 2025: €42,210
- Other debts -€30,275
down €30,275 (-45.8%), from €66,082 to €35,807
- Tax, wage and social debts -€13,725
down €13,725 (-73.3%), from €18,721 to €4,996
of which Taxes: -€10,744
- Current portion of long-term debt +€9,700
new in 2025: €9,700
- Reserves -€5,116
down €5,116 (-2.4%), from €214,090 to €208,973
- Gross operating margin -€76,320
down €76,320 (-59.6%), from €127,958 to €51,638
- Taxes -€19,010
down €19,010 (-100.0%), from €19,011 to €1
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 | €357,651 | €360,230 | +€2,580 | +0.7% |
| Fixed assets | 21/28 | €248,143 | €293,671 | +€45,527 | +18.3% |
| Tangible fixed assets | 22/27 | €248,143 | €293,671 | +€45,527 | +18.3% |
| Land and buildings | 22 | €20,931 | €20,365 | -€565 | -2.7% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Leasing and similar rights | 25 | - | €93,737 | +€93,737 | |
| Other tangible fixed assets | 26 | €227,213 | €179,568 | -€47,645 | -21.0% |
| Current assets | 29/58 | €109,507 | €66,560 | -€42,948 | -39.2% |
| Amounts receivable within one year | 40/41 | €17,359 | - | -€17,359 | |
| Trade receivables | 40 | €16,940 | - | -€16,940 | |
| Other amounts receivable | 41 | €419 | - | -€419 | |
| Current investments | 50/53 | €454 | €456 | +€2 | +0.4% |
| Cash at bank and in hand | 54/58 | €89,077 | €61,713 | -€27,364 | -30.7% |
| Deferred charges and accrued income | 490/1 | €2,617 | €4,391 | +€1,774 | +67.8% |
| Total equity and liabilities | 10/49 | €357,651 | €360,230 | +€2,580 | +0.7% |
| Equity | 10/15 | €264,090 | €258,973 | -€5,116 | -1.9% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €214,090 | €208,973 | -€5,116 | -2.4% |
| Distributable reserves | 133 | €214,090 | €208,973 | -€5,116 | -2.4% |
| Amounts payable | 17/49 | €93,561 | €101,257 | +€7,696 | +8.2% |
| Amounts payable after more than one year | 17 | - | €42,210 | +€42,210 | |
| Financial debts | 170/4 | - | €42,210 | +€42,210 | |
| Amounts payable within one year | 42/48 | €91,936 | €59,046 | -€32,890 | -35.8% |
| Current portion of amounts payable after more than one year | 42 | - | €9,700 | +€9,700 | |
| Financial debts | 43 | €1,530 | €97 | -€1,433 | -93.7% |
| Credit institutions | 430/8 | €1,530 | €97 | -€1,433 | -93.7% |
| Trade debts | 44 | €5,604 | €8,447 | +€2,844 | +50.7% |
| Suppliers | 440/4 | €5,604 | €8,447 | +€2,844 | +50.7% |
| Taxes, remuneration and social security | 45 | €18,721 | €4,996 | -€13,725 | -73.3% |
| Taxes | 450/3 | €15,740 | €4,996 | -€10,744 | -68.3% |
| Remuneration and social security | 454/9 | €2,981 | - | -€2,981 | |
| Other amounts payable | 47/48 | €66,082 | €35,807 | -€30,275 | -45.8% |
| Accrued charges and deferred income | 492/3 | €1,625 | - | -€1,625 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,581 | €53,533 | +€952 | +1.8% |
| Other operating charges | 640/8 | €3,311 | €2,867 | -€443 | -13.4% |
| Gross operating margin | 9900 | €127,958 | €51,638 | -€76,320 | -59.6% |
| Operating profit (loss) | 9901 | €72,067 | -€4,762 | -€76,829 | |
| Financial income | 75/76B | €23 | €3 | -€21 | -88.3% |
| Recurring financial income | 75 | €23 | €3 | -€21 | -88.3% |
| Financial charges | 65/66B | €427 | €356 | -€71 | -16.7% |
| Recurring financial charges | 65 | €427 | €356 | -€71 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | €71,663 | -€5,115 | -€76,778 | |
| Income taxes | 67/77 | €19,011 | €1 | -€19,010 | -100.0% |
| Profit (loss) for the period | 9904 | €52,652 | -€5,116 | -€57,769 | |
| Profit (loss) for the period to be appropriated | 9905 | €52,652 | -€5,116 | -€57,769 |
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 30 October 2026 via checked.be.