VAN SCHELVERGEM: 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.
VAN SCHELVERGEM
Largest movements
- Cash +€8,253
up €8,253 (+3.5%), from €235,132 to €243,385
mainly Other debts (+€9,555) and Net result for the year (+€8,307)
- Receivables within one year +€5,461
up €5,461 (+7.6%), from €72,038 to €77,499
of which Other amounts receivable: +€4,957
- Other debts +€9,555
up €9,555 (+974.0%), from €981 to €10,536
- Reserves +€8,307
up €8,307 (+2.9%), from €284,934 to €293,241
of which Distributable reserves: +€8,307
- Gross operating margin -€59,760
down €59,760 (-83.0%), from €72,042 to €12,282
- Taxes -€21,259
down €21,259 (-86.3%), from €24,633 to €3,374
- Financial income -€3,022
down €3,022 (-62.4%), from €4,845 to €1,822
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 | €317,947 | €329,852 | +€11,905 | +3.7% |
| Fixed assets | 21/28 | €10,777 | €8,968 | -€1,809 | -16.8% |
| Tangible fixed assets | 22/27 | €10,777 | €8,968 | -€1,809 | -16.8% |
| Land and buildings | 22 | €4,486 | €3,904 | -€583 | -13.0% |
| Plant, machinery and equipment | 23 | €5,531 | €4,785 | -€746 | -13.5% |
| Furniture and vehicles | 24 | €760 | €280 | -€480 | -63.2% |
| Current assets | 29/58 | €307,170 | €320,884 | +€13,714 | +4.5% |
| Amounts receivable within one year | 40/41 | €72,038 | €77,499 | +€5,461 | +7.6% |
| Trade receivables | 40 | €335 | €838 | +€503 | +150.4% |
| Other amounts receivable | 41 | €71,704 | €76,661 | +€4,957 | +6.9% |
| Cash at bank and in hand | 54/58 | €235,132 | €243,385 | +€8,253 | +3.5% |
| Total equity and liabilities | 10/49 | €317,947 | €329,852 | +€11,905 | +3.7% |
| Equity | 10/15 | €311,009 | €319,316 | +€8,307 | +2.7% |
| Contributions | 10/11 | €26,075 | €26,075 | = | 0.0% |
| Reserves | 13 | €284,934 | €293,241 | +€8,307 | +2.9% |
| Tax-exempt reserves | 132 | €4,173 | €4,173 | = | 0.0% |
| Distributable reserves | 133 | €280,762 | €289,068 | +€8,307 | +3.0% |
| Amounts payable | 17/49 | €6,938 | €10,536 | +€3,598 | +51.9% |
| Amounts payable within one year | 42/48 | €6,938 | €10,536 | +€3,598 | +51.9% |
| Current portion of amounts payable after more than one year | 42 | €2,758 | - | -€2,758 | |
| Taxes, remuneration and social security | 45 | €3,199 | - | -€3,199 | |
| Taxes | 450/3 | €3,199 | - | -€3,199 | |
| Other amounts payable | 47/48 | €981 | €10,536 | +€9,555 | +974.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,809 | €1,809 | = | 0.0% |
| Other operating charges | 640/8 | €144 | €63 | -€81 | -56.0% |
| Gross operating margin | 9900 | €72,042 | €12,282 | -€59,760 | -83.0% |
| Operating profit (loss) | 9901 | €70,089 | €10,410 | -€59,679 | -85.1% |
| Financial income | 75/76B | €4,845 | €1,822 | -€3,022 | -62.4% |
| Recurring financial income | 75 | €4,845 | €1,822 | -€3,022 | -62.4% |
| Financial charges | 65/66B | €398 | €552 | +€153 | +38.5% |
| Recurring financial charges | 65 | €398 | €552 | +€153 | +38.5% |
| Profit (loss) for the period before taxes | 9903 | €74,535 | €11,680 | -€62,855 | -84.3% |
| Income taxes | 67/77 | €24,633 | €3,374 | -€21,259 | -86.3% |
| Profit (loss) for the period | 9904 | €49,902 | €8,307 | -€41,596 | -83.4% |
| Profit (loss) for the period to be appropriated | 9905 | €49,902 | €8,307 | -€41,596 | -83.4% |
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 12 October 2026 via checked.be.