Maison Schwind: what changed
Two fiscal 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.
Maison Schwind
Largest movements
- Cash -€3,970
down €3,970 (-66.2%), from €6,001 to €2,031
mainly Debts after one year (-€10,242) and Net result for the year (-€3,380)
- Tangible fixed assets -€431
down €431 (-23.4%), from €1,840 to €1,409
- Receivables within one year -€316
down €316 (-37.3%), from €848 to €532
of which Trade receivables: -€299
- Formation expenses -€245
down €245 (-33.3%), from €734 to €489
- Debts after one year -€10,242
down €10,242 (-46.8%), from €21,898 to €11,657
- Other debts +€7,925
up €7,925 (+16039.3%), from €49 to €7,974
- Profit (loss) carried forward -€3,380
down €3,380 (-9.4%), from -€36,117 to -€39,497
- Current portion of long-term debt +€1,260
up €1,260 (+14.0%), from €8,982 to €10,242
- Trade debts -€526
down €526 (-3.9%), from €13,611 to €13,085
- Staff costs -€6,536
no longer reported in 2025 (was €6,536)
- Gross operating margin -€4,776
down €4,776, from €4,608 to -€168
- Financial charges -€1,685
down €1,685 (-44.6%), from €3,774 to €2,089
- Other operating charges +€108
up €108 (+31.9%), from €339 to €448
- Financial income -€69
no longer reported in 2025 (was €69)
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 | €9,424 | €4,462 | -€4,962 | -52.7% |
| Formation expenses | 20 | €734 | €489 | -€245 | -33.3% |
| Fixed assets | 21/28 | €1,840 | €1,409 | -€431 | -23.4% |
| Tangible fixed assets | 22/27 | €1,840 | €1,409 | -€431 | -23.4% |
| Plant, machinery and equipment | 23 | €378 | €252 | -€126 | -33.3% |
| Furniture and vehicles | 24 | €155 | €12 | -€143 | -92.3% |
| Other tangible fixed assets | 26 | €1,307 | €1,145 | -€161 | -12.3% |
| Current assets | 29/58 | €6,850 | €2,563 | -€4,287 | -62.6% |
| Amounts receivable within one year | 40/41 | €848 | €532 | -€316 | -37.3% |
| Trade receivables | 40 | €827 | €528 | -€299 | -36.2% |
| Other amounts receivable | 41 | €22 | €4 | -€17 | -80.2% |
| Cash at bank and in hand | 54/58 | €6,001 | €2,031 | -€3,970 | -66.2% |
| Total equity and liabilities | 10/49 | €9,424 | €4,462 | -€4,962 | -52.7% |
| Equity | 10/15 | -€35,117 | -€38,497 | -€3,380 | -9.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,117 | -€39,497 | -€3,380 | -9.4% |
| Amounts payable | 17/49 | €44,540 | €42,958 | -€1,582 | -3.6% |
| Amounts payable after more than one year | 17 | €21,898 | €11,657 | -€10,242 | -46.8% |
| Financial debts | 170/4 | €21,898 | €11,657 | -€10,242 | -46.8% |
| Amounts payable within one year | 42/48 | €22,642 | €31,301 | +€8,659 | +38.2% |
| Current portion of amounts payable after more than one year | 42 | €8,982 | €10,242 | +€1,260 | +14.0% |
| Trade debts | 44 | €13,611 | €13,085 | -€526 | -3.9% |
| Suppliers | 440/4 | €13,611 | €13,085 | -€526 | -3.9% |
| Other amounts payable | 47/48 | €49 | €7,974 | +€7,925 | +16039.3% |
| Remuneration, social security and pensions | 62 | €6,536 | - | -€6,536 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €675 | €675 | = | 0.0% |
| Other operating charges | 640/8 | €339 | €448 | +€108 | +31.9% |
| Gross operating margin | 9900 | €4,608 | -€168 | -€4,776 | |
| Operating profit (loss) | 9901 | -€2,943 | -€1,291 | +€1,653 | +56.1% |
| Financial income | 75/76B | €69 | - | -€69 | |
| Recurring financial income | 75 | €69 | - | -€69 | |
| Financial charges | 65/66B | €3,774 | €2,089 | -€1,685 | -44.6% |
| Recurring financial charges | 65 | €3,774 | €2,089 | -€1,685 | -44.6% |
| Profit (loss) for the period before taxes | 9903 | -€6,648 | -€3,380 | +€3,268 | +49.2% |
| Profit (loss) for the period | 9904 | -€6,648 | -€3,380 | +€3,268 | +49.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,648 | -€3,380 | +€3,268 | +49.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.