THIJS SCHEPENS: 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.
THIJS SCHEPENS
Largest movements
- Tangible fixed assets -€12,675
down €12,675 (-61.4%), from €20,646 to €7,971
of which Land and buildings: -€10,614
- Cash +€11,924
up €11,924 (+38.1%), from €31,294 to €43,218
mainly Other debts (+€17,085) and Depreciation (+€12,675)
- Receivables within one year +€4,098
up €4,098 (+44.2%), from €9,266 to €13,364
of which Trade receivables: +€2,794
- Other debts +€17,085
up €17,085 (+1109.3%), from €1,540 to €18,625
- Reserves -€14,343
down €14,343 (-43.3%), from €33,144 to €18,801
- Gross operating margin +€5,322
up €5,322 (+40.1%), from €13,279 to €18,601
- Depreciation -€513
down €513 (-3.9%), from €13,188 to €12,675
- Financial charges -€500
down €500 (-85.6%), from €584 to €84
- Taxes +€428
new in 2025: €428
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €61,744 | €65,104 | +€3,359 | +5.4% |
| Fixed assets | 21/28 | €20,646 | €7,971 | -€12,675 | -61.4% |
| Tangible fixed assets | 22/27 | €20,646 | €7,971 | -€12,675 | -61.4% |
| Land and buildings | 22 | €15,892 | €5,279 | -€10,614 | -66.8% |
| Plant, machinery and equipment | 23 | €965 | €826 | -€139 | -14.4% |
| Furniture and vehicles | 24 | €3,789 | €1,866 | -€1,922 | -50.7% |
| Current assets | 29/58 | €41,098 | €57,133 | +€16,034 | +39.0% |
| Amounts receivable within one year | 40/41 | €9,266 | €13,364 | +€4,098 | +44.2% |
| Trade receivables | 40 | €9,266 | €12,060 | +€2,794 | +30.2% |
| Other amounts receivable | 41 | - | €1,304 | +€1,304 | |
| Cash at bank and in hand | 54/58 | €31,294 | €43,218 | +€11,924 | +38.1% |
| Deferred charges and accrued income | 490/1 | €538 | €551 | +€13 | +2.5% |
| Total equity and liabilities | 10/49 | €61,744 | €65,104 | +€3,359 | +5.4% |
| Equity | 10/15 | €51,744 | €37,401 | -€14,343 | -27.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €33,144 | €18,801 | -€14,343 | -43.3% |
| Distributable reserves | 133 | €33,144 | €18,801 | -€14,343 | -43.3% |
| Amounts payable | 17/49 | €10,001 | €27,703 | +€17,702 | +177.0% |
| Amounts payable within one year | 42/48 | €9,502 | €27,703 | +€18,201 | +191.5% |
| Trade debts | 44 | €195 | €800 | +€605 | +309.6% |
| Suppliers | 440/4 | €195 | €800 | +€605 | +309.6% |
| Taxes, remuneration and social security | 45 | €7,767 | €8,278 | +€512 | +6.6% |
| Taxes | 450/3 | €7,767 | €8,278 | +€512 | +6.6% |
| Other amounts payable | 47/48 | €1,540 | €18,625 | +€17,085 | +1109.3% |
| Accrued charges and deferred income | 492/3 | €499 | - | -€499 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,188 | €12,675 | -€513 | -3.9% |
| Other operating charges | 640/8 | €1,097 | €1,139 | +€43 | +3.9% |
| Gross operating margin | 9900 | €13,279 | €18,601 | +€5,322 | +40.1% |
| Operating profit (loss) | 9901 | -€1,005 | €4,787 | +€5,792 | |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €584 | €84 | -€500 | -85.6% |
| Recurring financial charges | 65 | €584 | €84 | -€500 | -85.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,589 | €4,710 | +€6,299 | |
| Income taxes | 67/77 | - | €428 | +€428 | |
| Profit (loss) for the period | 9904 | -€1,589 | €4,282 | +€5,870 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,589 | €4,282 | +€5,870 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.