CHARLINE SCHÜTZ: 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.
CHARLINE SCHÜTZ
Largest movements
- Cash +€26,807
up €26,807 (+149%), from €17,984 to €44,791
mainly Net result for the year (+€42,175) and Other debts (+€28,380)
- Tangible fixed assets -€12,139
down €12,139 (-79.3%), from €15,317 to €3,178
of which Furniture and vehicles: -€11,156
- Receivables within one year +€4,413
up €4,413 (+88.3%), from €5,000 to €9,413
- Other debts +€28,380
up €28,380 (+169%), from €16,807 to €45,187
- Current portion of long-term debt -€5,947
down €5,947 (-100%), from €5,947 to €0
- Trade debts -€2,528
down €2,528 (-78.9%), from €3,205 to €676
- Tax, wage and social debts -€1,000
down €1,000 (-9.7%), from €10,270 to €9,270
of which Taxes: -€820
- Staff costs -€64,585
down €64,585 (-100%), from €64,585 to €0
- Gross operating margin -€42,866
down €42,866 (-43.3%), from €98,900 to €56,034
- Depreciation -€8,900
down €8,900 (-90.1%), from €9,883 to €983
- Taxes +€4,692
up €4,692 (+81.3%), from €5,770 to €10,462
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 | €38,302 | €57,382 | +€19,081 | +49.8% |
| Fixed assets | 21/28 | €15,317 | €3,178 | -€12,139 | -79.3% |
| Tangible fixed assets | 22/27 | €15,317 | €3,178 | -€12,139 | -79.3% |
| Plant, machinery and equipment | 23 | €4,161 | €3,178 | -€983 | -23.6% |
| Furniture and vehicles | 24 | €11,156 | €0 | -€11,156 | -100% |
| Current assets | 29/58 | €22,984 | €54,204 | +€31,220 | +136% |
| Amounts receivable within one year | 40/41 | €5,000 | €9,413 | +€4,413 | +88.3% |
| Other amounts receivable | 41 | €5,000 | €9,413 | +€4,413 | +88.3% |
| Cash at bank and in hand | 54/58 | €17,984 | €44,791 | +€26,807 | +149% |
| Total equity and liabilities | 10/49 | €38,302 | €57,382 | +€19,081 | +49.8% |
| Equity | 10/15 | €1,124 | €1,299 | +€175 | +15.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €124 | €299 | +€175 | +142% |
| Amounts payable | 17/49 | €37,178 | €56,083 | +€18,906 | +50.9% |
| Amounts payable within one year | 42/48 | €36,228 | €55,133 | +€18,906 | +52.2% |
| Current portion of amounts payable after more than one year | 42 | €5,947 | €0 | -€5,947 | -100% |
| Trade debts | 44 | €3,205 | €676 | -€2,528 | -78.9% |
| Suppliers | 440/4 | €3,205 | €676 | -€2,528 | -78.9% |
| Taxes, remuneration and social security | 45 | €10,270 | €9,270 | -€1,000 | -9.7% |
| Taxes | 450/3 | €6,220 | €5,400 | -€820 | -13.2% |
| Remuneration and social security | 454/9 | €4,050 | €3,870 | -€180 | -4.4% |
| Other amounts payable | 47/48 | €16,807 | €45,187 | +€28,380 | +169% |
| Accrued charges and deferred income | 492/3 | €950 | €950 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €64,585 | €0 | -€64,585 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,883 | €983 | -€8,900 | -90.1% |
| Other operating charges | 640/8 | €1,366 | €419 | -€947 | -69.3% |
| Gross operating margin | 9900 | €98,900 | €56,034 | -€42,866 | -43.3% |
| Operating profit (loss) | 9901 | €23,066 | €54,632 | +€31,566 | +137% |
| Financial charges | 65/66B | €1,599 | €1,995 | +€396 | +24.7% |
| Recurring financial charges | 65 | €1,599 | €1,995 | +€396 | +24.7% |
| Profit (loss) for the period before taxes | 9903 | €21,467 | €52,637 | +€31,170 | +145% |
| Income taxes | 67/77 | €5,770 | €10,462 | +€4,692 | +81.3% |
| Profit (loss) for the period | 9904 | €15,697 | €42,175 | +€26,478 | +169% |
| Profit (loss) for the period to be appropriated | 9905 | €15,697 | €42,175 | +€26,478 | +169% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.