SBMT SCHITTECATTE: 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.
SBMT SCHITTECATTE
Largest movements
- Current investments +€89,436
up €89,436 (+38.0%), from €235,559 to €324,995
- Receivables within one year -€37,021
down €37,021 (-15.2%), from €243,672 to €206,652
of which Other amounts receivable: -€33,391
- Tangible fixed assets -€31,018
down €31,018 (-6.6%), from €470,990 to €439,972
of which Land and buildings: -€19,396
- Reserves +€54,496
up €54,496 (+6.7%), from €819,230 to €873,726
- Debts after one year -€14,695
down €14,695 (-14.7%), from €99,745 to €85,050
- Gross operating margin +€16,424
up €16,424 (+18.2%), from €90,023 to €106,447
- Depreciation -€8,251
down €8,251 (-21.0%), from €39,269 to €31,018
- Financial income -€5,864
down €5,864 (-40.7%), from €14,406 to €8,541
- Taxes +€5,771
up €5,771 (+32.9%), from €17,559 to €23,330
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 | €987,098 | €1,017,592 | +€30,493 | +3.1% |
| Fixed assets | 21/28 | €472,855 | €441,837 | -€31,018 | -6.6% |
| Tangible fixed assets | 22/27 | €470,990 | €439,972 | -€31,018 | -6.6% |
| Land and buildings | 22 | €426,754 | €407,358 | -€19,396 | -4.5% |
| Furniture and vehicles | 24 | €44,236 | €32,615 | -€11,622 | -26.3% |
| Financial fixed assets | 28 | €1,865 | €1,865 | = | 0.0% |
| Current assets | 29/58 | €514,244 | €575,755 | +€61,511 | +12.0% |
| Amounts receivable within one year | 40/41 | €243,672 | €206,652 | -€37,021 | -15.2% |
| Trade receivables | 40 | €97,889 | €94,259 | -€3,630 | -3.7% |
| Other amounts receivable | 41 | €145,783 | €112,393 | -€33,391 | -22.9% |
| Current investments | 50/53 | €235,559 | €324,995 | +€89,436 | +38.0% |
| Cash at bank and in hand | 54/58 | €31,812 | €40,940 | +€9,128 | +28.7% |
| Deferred charges and accrued income | 490/1 | €3,200 | €3,168 | -€32 | -1.0% |
| Total equity and liabilities | 10/49 | €987,098 | €1,017,592 | +€30,493 | +3.1% |
| Equity | 10/15 | €837,780 | €892,276 | +€54,496 | +6.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €819,230 | €873,726 | +€54,496 | +6.7% |
| Distributable reserves | 133 | €819,230 | €873,726 | +€54,496 | +6.7% |
| Amounts payable | 17/49 | €149,318 | €125,316 | -€24,002 | -16.1% |
| Amounts payable after more than one year | 17 | €99,745 | €85,050 | -€14,695 | -14.7% |
| Financial debts | 170/4 | €99,745 | €85,050 | -€14,695 | -14.7% |
| Amounts payable within one year | 42/48 | €48,257 | €38,581 | -€9,677 | -20.1% |
| Current portion of amounts payable after more than one year | 42 | €15,584 | €15,907 | +€322 | +2.1% |
| Financial debts | 43 | €71 | - | -€71 | |
| Credit institutions | 430/8 | €71 | - | -€71 | |
| Trade debts | 44 | €13,040 | €3,761 | -€9,279 | -71.2% |
| Suppliers | 440/4 | €13,040 | €3,761 | -€9,279 | -71.2% |
| Taxes, remuneration and social security | 45 | €11,584 | €12,326 | +€741 | +6.4% |
| Taxes | 450/3 | €11,584 | €12,326 | +€741 | +6.4% |
| Other amounts payable | 47/48 | €7,978 | €6,587 | -€1,391 | -17.4% |
| Accrued charges and deferred income | 492/3 | €1,316 | €1,686 | +€370 | +28.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,269 | €31,018 | -€8,251 | -21.0% |
| Other operating charges | 640/8 | €3,119 | €3,271 | +€152 | +4.9% |
| Gross operating margin | 9900 | €90,023 | €106,447 | +€16,424 | +18.2% |
| Operating profit (loss) | 9901 | €47,635 | €72,158 | +€24,523 | +51.5% |
| Financial income | 75/76B | €14,406 | €8,541 | -€5,864 | -40.7% |
| Recurring financial income | 75 | €14,406 | €8,541 | -€5,864 | -40.7% |
| Financial charges | 65/66B | €3,103 | €2,875 | -€228 | -7.4% |
| Recurring financial charges | 65 | €3,103 | €2,875 | -€228 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | €58,938 | €77,825 | +€18,887 | +32.0% |
| Income taxes | 67/77 | €17,559 | €23,330 | +€5,771 | +32.9% |
| Profit (loss) for the period | 9904 | €41,380 | €54,496 | +€13,116 | +31.7% |
| Profit (loss) for the period to be appropriated | 9905 | €41,380 | €54,496 | +€13,116 | +31.7% |
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 6 October 2026 via checked.be.