Modena Schoenmode: 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.
Modena Schoenmode
Largest movements
- Stocks and contracts -€37,136
down €37,136 (-56.5%), from €65,778 to €28,642
- Cash +€23,553
up €23,553 (+115%), from €20,487 to €44,039
mainly Stocks and contracts (+€37,136) and Net result for the year (+€36,102)
- Receivables within one year +€23,158
up €23,158 (+567%), from €4,081 to €27,239
- Tangible fixed assets -€1,616
down €1,616 (-15.7%), from €10,280 to €8,664
- Profit (loss) carried forward +€36,102
up €36,102, from -€2,067 to €34,036
- Debts after one year -€27,744
down €27,744 (-56.9%), from €48,800 to €21,056
- Tax, wage and social debts -€9,197
down €9,197 (-31.2%), from €29,444 to €20,247
of which Remuneration and social security: -€6,636
- Trade debts +€8,796
up €8,796 (+150%), from €5,849 to €14,645
- Gross operating margin +€12,026
up €12,026 (+16.8%), from €71,791 to €83,817
- Staff costs -€8,558
down €8,558 (-25.1%), from €34,086 to €25,528
- Taxes +€5,335
up €5,335 (+58.3%), from €9,148 to €14,483
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 | €100,626 | €108,583 | +€7,958 | +7.9% |
| Fixed assets | 21/28 | €10,280 | €8,664 | -€1,616 | -15.7% |
| Tangible fixed assets | 22/27 | €10,280 | €8,664 | -€1,616 | -15.7% |
| Land and buildings | 22 | €10,280 | €8,664 | -€1,616 | -15.7% |
| Current assets | 29/58 | €90,346 | €99,920 | +€9,574 | +10.6% |
| Stocks and contracts in progress | 3 | €65,778 | €28,642 | -€37,136 | -56.5% |
| Stocks | 30/36 | €65,778 | €28,642 | -€37,136 | -56.5% |
| Amounts receivable within one year | 40/41 | €4,081 | €27,239 | +€23,158 | +567% |
| Trade receivables | 40 | €4,081 | €27,239 | +€23,158 | +567% |
| Cash at bank and in hand | 54/58 | €20,487 | €44,039 | +€23,553 | +115% |
| Total equity and liabilities | 10/49 | €100,626 | €108,583 | +€7,958 | +7.9% |
| Equity | 10/15 | €16,533 | €52,636 | +€36,102 | +218% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,067 | €34,036 | +€36,102 | |
| Amounts payable | 17/49 | €84,093 | €55,948 | -€28,145 | -33.5% |
| Amounts payable after more than one year | 17 | €48,800 | €21,056 | -€27,744 | -56.9% |
| Other amounts payable | 178/9 | €48,800 | €21,056 | -€27,744 | -56.9% |
| Amounts payable within one year | 42/48 | €35,293 | €34,892 | -€401 | -1.1% |
| Trade debts | 44 | €5,849 | €14,645 | +€8,796 | +150% |
| Suppliers | 440/4 | €5,849 | €14,645 | +€8,796 | +150% |
| Taxes, remuneration and social security | 45 | €29,444 | €20,247 | -€9,197 | -31.2% |
| Taxes | 450/3 | €21,585 | €19,024 | -€2,561 | -11.9% |
| Remuneration and social security | 454/9 | €7,859 | €1,222 | -€6,636 | -84.4% |
| Remuneration, social security and pensions | 62 | €34,086 | €25,528 | -€8,558 | -25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,616 | €1,616 | +€0 | 0.0% |
| Other operating charges | 640/8 | €2,055 | €2,178 | +€123 | +6.0% |
| Gross operating margin | 9900 | €71,791 | €83,817 | +€12,026 | +16.8% |
| Operating profit (loss) | 9901 | €34,034 | €54,495 | +€20,461 | +60.1% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €3,540 | €3,910 | +€370 | +10.4% |
| Recurring financial charges | 65 | €3,540 | €3,910 | +€370 | +10.4% |
| Profit (loss) for the period before taxes | 9903 | €30,495 | €50,585 | +€20,090 | +65.9% |
| Income taxes | 67/77 | €9,148 | €14,483 | +€5,335 | +58.3% |
| Profit (loss) for the period | 9904 | €21,347 | €36,102 | +€14,755 | +69.1% |
| Profit (loss) for the period to be appropriated | 9905 | €21,347 | €36,102 | +€14,755 | +69.1% |
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 17 October 2026 via checked.be.