IMMOBILIERE SCHMIDT: 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.
IMMOBILIERE SCHMIDT
Largest movements
- Receivables within one year -€30,787
down €30,787 (-21.8%), from €141,204 to €110,417
of which Trade receivables: -€19,628
- Cash -€4,947
down €4,947 (-14.5%), from €34,226 to €29,278
mainly Net result for the year (-€53,886) and Investment in fixed assets (net) (-€3,152)
- Profit (loss) carried forward -€53,886
down €53,886, from €52,558 to -€1,328
- Other debts +€7,254
up €7,254 (+17.0%), from €42,705 to €49,959
- Advances received +€6,005
up €6,005 (+45.2%), from €13,289 to €19,294
- Short-term financial debts +€3,626
new in 2025: €3,626
- Gross operating margin -€45,504
down €45,504 (-28.5%), from €159,712 to €114,208
- Other operating charges -€3,757
down €3,757 (-60.2%), from €6,239 to €2,482
- Staff costs -€2,369
down €2,369 (-1.4%), from €168,884 to €166,515
- Financial charges -€2,027
down €2,027 (-61.4%), from €3,299 to €1,272
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 | €192,300 | €155,089 | -€37,211 | -19.4% |
| Fixed assets | 21/28 | €14,504 | €14,210 | -€294 | -2.0% |
| Tangible fixed assets | 22/27 | €13,956 | €13,662 | -€294 | -2.1% |
| Furniture and vehicles | 24 | €4,675 | €5,508 | +€832 | +17.8% |
| Other tangible fixed assets | 26 | €9,280 | €8,155 | -€1,126 | -12.1% |
| Financial fixed assets | 28 | €548 | €548 | = | 0.0% |
| Current assets | 29/58 | €177,797 | €140,879 | -€36,917 | -20.8% |
| Amounts receivable within one year | 40/41 | €141,204 | €110,417 | -€30,787 | -21.8% |
| Trade receivables | 40 | €19,628 | - | -€19,628 | |
| Other amounts receivable | 41 | €121,576 | €110,417 | -€11,159 | -9.2% |
| Cash at bank and in hand | 54/58 | €34,226 | €29,278 | -€4,947 | -14.5% |
| Deferred charges and accrued income | 490/1 | €2,367 | €1,184 | -€1,183 | -50.0% |
| Total equity and liabilities | 10/49 | €192,300 | €155,089 | -€37,211 | -19.4% |
| Equity | 10/15 | €73,218 | €19,615 | -€53,603 | -73.2% |
| Contributions | 10/11 | €18,592 | €18,875 | +€283 | +1.5% |
| Reserves | 13 | €2,068 | €2,068 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €209 | €209 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,558 | -€1,328 | -€53,886 | |
| Amounts payable | 17/49 | €119,083 | €135,475 | +€16,392 | +13.8% |
| Amounts payable within one year | 42/48 | €118,133 | €134,475 | +€16,342 | +13.8% |
| Financial debts | 43 | - | €3,626 | +€3,626 | |
| Credit institutions | 430/8 | - | €3,626 | +€3,626 | |
| Trade debts | 44 | €33,553 | €32,991 | -€562 | -1.7% |
| Suppliers | 440/4 | €33,553 | €32,991 | -€562 | -1.7% |
| Advances received on contracts in progress | 46 | €13,289 | €19,294 | +€6,005 | +45.2% |
| Taxes, remuneration and social security | 45 | €28,587 | €28,604 | +€17 | +0.1% |
| Taxes | 450/3 | €6,030 | €5,143 | -€887 | -14.7% |
| Remuneration and social security | 454/9 | €22,557 | €23,461 | +€905 | +4.0% |
| Other amounts payable | 47/48 | €42,705 | €49,959 | +€7,254 | +17.0% |
| Accrued charges and deferred income | 492/3 | €950 | €1,000 | +€50 | +5.3% |
| Remuneration, social security and pensions | 62 | €168,884 | €166,515 | -€2,369 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,888 | €3,446 | -€442 | -11.4% |
| Other operating charges | 640/8 | €6,239 | €2,482 | -€3,757 | -60.2% |
| Gross operating margin | 9900 | €159,712 | €114,208 | -€45,504 | -28.5% |
| Operating profit (loss) | 9901 | -€19,299 | -€58,235 | -€38,936 | -202% |
| Financial income | 75/76B | €6,319 | €5,824 | -€495 | -7.8% |
| Recurring financial income | 75 | €6,319 | €5,824 | -€495 | -7.8% |
| Financial charges | 65/66B | €3,299 | €1,272 | -€2,027 | -61.4% |
| Recurring financial charges | 65 | €3,299 | €1,272 | -€2,027 | -61.4% |
| Profit (loss) for the period before taxes | 9903 | -€16,278 | -€53,683 | -€37,404 | -230% |
| Income taxes | 67/77 | €195 | €203 | +€8 | +4.2% |
| Profit (loss) for the period | 9904 | -€16,473 | -€53,886 | -€37,412 | -227% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,473 | -€53,886 | -€37,412 | -227% |
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 28 October 2026 via checked.be.