Adrien SCHMITT: 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.
Adrien SCHMITT
Largest movements
- Cash +€52,308
up €52,308 (+155.4%), from €33,652 to €85,960
mainly Net result for the year (+€41,407) and Tax, wage and social debts (+€13,887)
- Deferred charges and accrued income -€1,067
down €1,067 (-29.2%), from €3,654 to €2,588
- Tangible fixed assets +€927
new in 2025: €927
- Profit (loss) carried forward +€40,607
up €40,607 (+701.4%), from €5,790 to €46,397
- Tax, wage and social debts +€13,887
up €13,887 (+119.4%), from €11,631 to €25,518
- Trade debts -€2,117
down €2,117 (-48.6%), from €4,357 to €2,240
- Gross operating margin +€45,496
up €45,496 (+503.2%), from €9,042 to €54,538
- Taxes +€8,901
up €8,901 (+526.9%), from €1,689 to €10,590
- Financial charges +€1,769
up €1,769 (+288.6%), from €613 to €2,382
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 | €37,578 | €89,955 | +€52,377 | +139.4% |
| Fixed assets | 21/28 | - | €1,217 | +€1,217 | |
| Tangible fixed assets | 22/27 | - | €927 | +€927 | |
| Furniture and vehicles | 24 | - | €927 | +€927 | |
| Financial fixed assets | 28 | - | €290 | +€290 | |
| Current assets | 29/58 | €37,578 | €88,738 | +€51,160 | +136.1% |
| Amounts receivable within one year | 40/41 | €272 | €191 | -€81 | -29.8% |
| Other amounts receivable | 41 | €272 | €191 | -€81 | -29.8% |
| Cash at bank and in hand | 54/58 | €33,652 | €85,960 | +€52,308 | +155.4% |
| Deferred charges and accrued income | 490/1 | €3,654 | €2,588 | -€1,067 | -29.2% |
| Total equity and liabilities | 10/49 | €37,578 | €89,955 | +€52,377 | +139.4% |
| Equity | 10/15 | €20,790 | €61,397 | +€40,607 | +195.3% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,790 | €46,397 | +€40,607 | +701.4% |
| Amounts payable | 17/49 | €16,788 | €28,558 | +€11,769 | +70.1% |
| Amounts payable within one year | 42/48 | €16,788 | €28,558 | +€11,769 | +70.1% |
| Trade debts | 44 | €4,357 | €2,240 | -€2,117 | -48.6% |
| Suppliers | 440/4 | €4,357 | €2,240 | -€2,117 | -48.6% |
| Taxes, remuneration and social security | 45 | €11,631 | €25,518 | +€13,887 | +119.4% |
| Taxes | 450/3 | €11,631 | €25,518 | +€13,887 | +119.4% |
| Other amounts payable | 47/48 | €800 | €800 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €159 | +€159 | |
| Other operating charges | 640/8 | €150 | - | -€150 | |
| Gross operating margin | 9900 | €9,042 | €54,538 | +€45,496 | +503.2% |
| Operating profit (loss) | 9901 | €8,892 | €54,379 | +€45,488 | +511.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €613 | €2,382 | +€1,769 | +288.6% |
| Recurring financial charges | 65 | €613 | €2,382 | +€1,769 | +288.6% |
| Profit (loss) for the period before taxes | 9903 | €8,279 | €51,997 | +€43,719 | +528.1% |
| Income taxes | 67/77 | €1,689 | €10,590 | +€8,901 | +526.9% |
| Profit (loss) for the period | 9904 | €6,590 | €41,407 | +€34,818 | +528.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,590 | €41,407 | +€34,818 | +528.4% |
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.