Waterfront Schelle Development: 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.
Waterfront Schelle Development
Largest movements
- Stocks and contracts +€951,223
up €951,223 (+41.1%), from €2.3m to €3.3m
- Cash +€441,081
up €441,081 (+497160.8%), from €89 to €441,170
mainly Debts after one year (+€1.1m) and Receivables within one year (+€368,635)
- Receivables within one year -€368,635
down €368,635 (-92.4%), from €398,942 to €30,307
of which Other amounts receivable: -€362,895
- Debts after one year +€1.1m
up €1.1m (+41.3%), from €2.7m to €3.8m
- Profit (loss) carried forward -€46,155
down €46,155 (-179.9%), from -€25,657 to -€71,812
- Gross operating margin -€31,565
down €31,565 (-243.5%), from -€12,962 to -€44,527
- Other operating charges +€1,002
up €1,002 (+713.2%), from €141 to €1,143
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 | €2,715,931 | €3,749,141 | +€1.0m | +38.0% |
| Current assets | 29/58 | €2,715,931 | €3,749,141 | +€1.0m | +38.0% |
| Stocks and contracts in progress | 3 | €2,313,419 | €3,264,642 | +€951,223 | +41.1% |
| Stocks | 30/36 | €2,313,419 | €3,264,642 | +€951,223 | +41.1% |
| Amounts receivable within one year | 40/41 | €398,942 | €30,307 | -€368,635 | -92.4% |
| Trade receivables | 40 | €5,740 | €0 | -€5,740 | -100.0% |
| Other amounts receivable | 41 | €393,202 | €30,307 | -€362,895 | -92.3% |
| Cash at bank and in hand | 54/58 | €89 | €441,170 | +€441,081 | +497160.8% |
| Deferred charges and accrued income | 490/1 | €3,481 | €13,022 | +€9,541 | +274.1% |
| Total equity and liabilities | 10/49 | €2,715,931 | €3,749,141 | +€1.0m | +38.0% |
| Equity | 10/15 | €24,343 | -€21,812 | -€46,155 | |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,657 | -€71,812 | -€46,155 | -179.9% |
| Amounts payable | 17/49 | €2,691,587 | €3,770,952 | +€1.1m | +40.1% |
| Amounts payable after more than one year | 17 | €2,665,738 | €3,766,869 | +€1.1m | +41.3% |
| Financial debts | 170/4 | €2,665,738 | €3,766,869 | +€1.1m | +41.3% |
| Amounts payable within one year | 42/48 | €25,806 | €4,045 | -€21,761 | -84.3% |
| Trade debts | 44 | €25,806 | €4,045 | -€21,761 | -84.3% |
| Suppliers | 440/4 | €25,806 | €4,045 | -€21,761 | -84.3% |
| Accrued charges and deferred income | 492/3 | €43 | €39 | -€5 | -10.5% |
| Other operating charges | 640/8 | €141 | €1,143 | +€1,002 | +713.2% |
| Gross operating margin | 9900 | -€12,962 | -€44,527 | -€31,565 | -243.5% |
| Operating profit (loss) | 9901 | -€13,102 | -€45,670 | -€32,567 | -248.6% |
| Financial charges | 65/66B | €520 | €486 | -€35 | -6.7% |
| Recurring financial charges | 65 | €520 | €486 | -€35 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | -€13,623 | -€46,155 | -€32,533 | -238.8% |
| Profit (loss) for the period | 9904 | -€13,623 | -€46,155 | -€32,533 | -238.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,623 | -€46,155 | -€32,533 | -238.8% |
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.