SCHEPERS: 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.
SCHEPERS
Largest movements
- Current investments -€300,000
no longer reported in 2025 (was €300,000)
- Cash +€242,849
up €242,849 (+178%), from €136,173 to €379,022
mainly Current investments (+€300,000) and Depreciation (+€60,652)
- Tangible fixed assets -€48,049
down €48,049 (-7.6%), from €628,518 to €580,470
of which Furniture and vehicles: -€31,150
- Accrued charges and deferred income -€31,922
no longer reported in 2025 (was €31,922)
- Reserves -€26,846
down €26,846 (-3.1%), from €877,054 to €850,208
of which Distributable reserves: -€26,846
- Debts after one year -€13,998
down €13,998 (-59.8%), from €23,389 to €9,391
- Gross operating margin -€20,317
down €20,317 (-4.2%), from €488,196 to €467,879
- Staff costs +€15,007
up €15,007 (+10.0%), from €149,847 to €164,854
- Taxes -€12,102
down €12,102 (-33.7%), from €35,962 to €23,860
- Financial income -€6,474
down €6,474 (-41.2%), from €15,709 to €9,235
- Financial charges -€5,566
down €5,566 (-3.1%), from €179,821 to €174,255
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 | €1,064,691 | €963,367 | -€101,324 | -9.5% |
| Fixed assets | 21/28 | €628,518 | €580,470 | -€48,049 | -7.6% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €628,518 | €580,470 | -€48,049 | -7.6% |
| Land and buildings | 22 | €541,468 | €520,120 | -€21,348 | -3.9% |
| Plant, machinery and equipment | 23 | €3,991 | €2,841 | -€1,151 | -28.8% |
| Furniture and vehicles | 24 | €80,659 | €49,509 | -€31,150 | -38.6% |
| Assets under construction and advance payments | 27 | €2,400 | €8,000 | +€5,600 | +233% |
| Current assets | 29/58 | €436,173 | €382,897 | -€53,275 | -12.2% |
| Amounts receivable within one year | 40/41 | €0 | €3,876 | +€3,876 | |
| Other amounts receivable | 41 | €0 | €3,876 | +€3,876 | |
| Current investments | 50/53 | €300,000 | - | -€300,000 | |
| Cash at bank and in hand | 54/58 | €136,173 | €379,022 | +€242,849 | +178% |
| Total equity and liabilities | 10/49 | €1,064,691 | €963,367 | -€101,324 | -9.5% |
| Equity | 10/15 | €891,032 | €864,186 | -€26,846 | -3.0% |
| Contributions | 10/11 | €13,978 | €13,978 | = | 0.0% |
| Reserves | 13 | €877,054 | €850,208 | -€26,846 | -3.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €68,616 | €68,616 | = | 0.0% |
| Distributable reserves | 133 | €806,578 | €779,732 | -€26,846 | -3.3% |
| Provisions and deferred taxes | 16 | €17,877 | €17,877 | = | 0.0% |
| Deferred taxes | 168 | €17,877 | €17,877 | = | 0.0% |
| Amounts payable | 17/49 | €155,782 | €81,304 | -€74,478 | -47.8% |
| Amounts payable after more than one year | 17 | €23,389 | €9,391 | -€13,998 | -59.8% |
| Financial debts | 170/4 | €23,389 | €9,391 | -€13,998 | -59.8% |
| Amounts payable within one year | 42/48 | €100,471 | €71,913 | -€28,558 | -28.4% |
| Current portion of amounts payable after more than one year | 42 | €13,894 | €13,998 | +€104 | +0.8% |
| Trade debts | 44 | €14,689 | €4,982 | -€9,707 | -66.1% |
| Suppliers | 440/4 | €14,689 | €4,982 | -€9,707 | -66.1% |
| Taxes, remuneration and social security | 45 | €48,563 | €38,840 | -€9,724 | -20.0% |
| Taxes | 450/3 | €20,947 | €6,347 | -€14,600 | -69.7% |
| Remuneration and social security | 454/9 | €27,616 | €32,493 | +€4,876 | +17.7% |
| Other amounts payable | 47/48 | €23,325 | €14,093 | -€9,232 | -39.6% |
| Accrued charges and deferred income | 492/3 | €31,922 | - | -€31,922 | |
| Remuneration, social security and pensions | 62 | €149,847 | €164,854 | +€15,007 | +10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,339 | €60,652 | +€3,313 | +5.8% |
| Other operating charges | 640/8 | €5,566 | €5,607 | +€41 | +0.7% |
| Gross operating margin | 9900 | €488,196 | €467,879 | -€20,317 | -4.2% |
| Operating profit (loss) | 9901 | €275,443 | €236,766 | -€38,678 | -14.0% |
| Financial income | 75/76B | €15,709 | €9,235 | -€6,474 | -41.2% |
| Recurring financial income | 75 | €15,709 | €9,235 | -€6,474 | -41.2% |
| Financial charges | 65/66B | €179,821 | €174,255 | -€5,566 | -3.1% |
| Recurring financial charges | 65 | €179,821 | €174,255 | -€5,566 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | €111,331 | €71,746 | -€39,585 | -35.6% |
| Income taxes | 67/77 | €35,962 | €23,860 | -€12,102 | -33.7% |
| Profit (loss) for the period | 9904 | €75,369 | €47,886 | -€27,484 | -36.5% |
| Profit (loss) for the period to be appropriated | 9905 | €75,369 | €47,886 | -€27,484 | -36.5% |
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 27 October 2026 via checked.be.