DIETER SCHWABE: 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.
DIETER SCHWABE
Largest movements
- Receivables within one year -€3,608
down €3,608 (-66.2%), from €5,450 to €1,841
of which Trade receivables: -€3,253
- Tangible fixed assets -€611
down €611 (-39.5%), from €1,546 to €935
of which Furniture and vehicles: -€333
- Debts after one year -€10,000
no longer reported in 2025 (was €10,000)
- Other debts +€6,407
up €6,407 (+23.4%), from €27,392 to €33,798
- Profit (loss) carried forward -€1,703
down €1,703 (-1.8%), from -€96,131 to -€97,834
- Trade debts +€823
up €823 (+8.3%), from €9,908 to €10,731
- Short-term financial debts +€504
up €504 (+1.3%), from €38,278 to €38,782
- Gross operating margin -€3,864
down €3,864 (-42.3%), from €9,134 to €5,271
- Depreciation +€181
up €181 (+42.1%), from €430 to €611
- Other operating charges +€132
up €132 (+17.3%), from €766 to €898
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,997 | €7,778 | -€4,219 | -35.2% |
| Fixed assets | 21/28 | €1,547 | €936 | -€611 | -39.5% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,546 | €935 | -€611 | -39.5% |
| Plant, machinery and equipment | 23 | €100 | - | -€100 | |
| Furniture and vehicles | 24 | €1,179 | €846 | -€333 | -28.2% |
| Other tangible fixed assets | 26 | €267 | €89 | -€178 | -66.7% |
| Current assets | 29/58 | €10,450 | €6,841 | -€3,608 | -34.5% |
| Stocks and contracts in progress | 3 | €5,000 | €5,000 | = | 0.0% |
| Stocks | 30/36 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,450 | €1,841 | -€3,608 | -66.2% |
| Trade receivables | 40 | €4,189 | €936 | -€3,253 | -77.7% |
| Other amounts receivable | 41 | €1,261 | €905 | -€356 | -28.2% |
| Total equity and liabilities | 10/49 | €11,997 | €7,778 | -€4,219 | -35.2% |
| Equity | 10/15 | -€74,131 | -€75,834 | -€1,703 | -2.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96,131 | -€97,834 | -€1,703 | -1.8% |
| Amounts payable | 17/49 | €86,128 | €83,611 | -€2,516 | -2.9% |
| Amounts payable after more than one year | 17 | €10,000 | - | -€10,000 | |
| Financial debts | 170/4 | €10,000 | - | -€10,000 | |
| Amounts payable within one year | 42/48 | €76,128 | €83,611 | +€7,484 | +9.8% |
| Financial debts | 43 | €38,278 | €38,782 | +€504 | +1.3% |
| Credit institutions | 430/8 | €38,278 | €38,782 | +€504 | +1.3% |
| Trade debts | 44 | €9,908 | €10,731 | +€823 | +8.3% |
| Suppliers | 440/4 | €9,908 | €10,731 | +€823 | +8.3% |
| Taxes, remuneration and social security | 45 | €550 | €300 | -€250 | -45.5% |
| Taxes | 450/3 | €550 | €300 | -€250 | -45.5% |
| Other amounts payable | 47/48 | €27,392 | €33,798 | +€6,407 | +23.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €430 | €611 | +€181 | +42.1% |
| Other operating charges | 640/8 | €766 | €898 | +€132 | +17.3% |
| Gross operating margin | 9900 | €9,134 | €5,271 | -€3,864 | -42.3% |
| Operating profit (loss) | 9901 | €7,939 | €3,762 | -€4,177 | -52.6% |
| Financial income | 75/76B | €62 | €4 | -€59 | -94.0% |
| Recurring financial income | 75 | €62 | €4 | -€59 | -94.0% |
| Financial charges | 65/66B | €5,464 | €5,469 | +€5 | +0.1% |
| Recurring financial charges | 65 | €5,464 | €5,469 | +€5 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €2,537 | -€1,703 | -€4,240 | |
| Profit (loss) for the period | 9904 | €2,537 | -€1,703 | -€4,240 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,537 | -€1,703 | -€4,240 |
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 1 November 2026 via checked.be.