SCHEEMA: 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.
SCHEEMA
Largest movements
- Cash +€43,367
up €43,367 (+64.4%), from €67,320 to €110,687
mainly Net result for the year (+€112,599) and Receivables within one year (+€42,371)
- Receivables within one year -€42,371
down €42,371 (-67.1%), from €63,161 to €20,790
of which Trade receivables: -€45,628
- Current investments -€26,159
down €26,159 (-16.2%), from €161,137 to €134,979
- Tangible fixed assets -€5,648
down €5,648 (-37.2%), from €15,203 to €9,555
of which Land and buildings: -€2,900
- Reserves -€37,401
down €37,401 (-14.1%), from €265,268 to €227,867
- Trade debts +€7,556
up €7,556 (+413.0%), from €1,829 to €9,386
- Write-downs +€47,430
new in 2025: €47,430
- Taxes -€9,286
down €9,286 (-23.6%), from €39,418 to €30,133
- Financial income +€8,270
up €8,270 (+75.6%), from €10,935 to €19,205
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 | €306,821 | €276,010 | -€30,811 | -10.0% |
| Fixed assets | 21/28 | €15,203 | €9,555 | -€5,648 | -37.2% |
| Tangible fixed assets | 22/27 | €15,203 | €9,555 | -€5,648 | -37.2% |
| Land and buildings | 22 | €6,713 | €3,813 | -€2,900 | -43.2% |
| Plant, machinery and equipment | 23 | €999 | €623 | -€377 | -37.7% |
| Furniture and vehicles | 24 | €5,516 | €3,785 | -€1,731 | -31.4% |
| Leasing and similar rights | 25 | €1,975 | €1,334 | -€641 | -32.4% |
| Current assets | 29/58 | €291,619 | €266,456 | -€25,163 | -8.6% |
| Amounts receivable within one year | 40/41 | €63,161 | €20,790 | -€42,371 | -67.1% |
| Trade receivables | 40 | €55,588 | €9,960 | -€45,628 | -82.1% |
| Other amounts receivable | 41 | €7,573 | €10,830 | +€3,256 | +43.0% |
| Current investments | 50/53 | €161,137 | €134,979 | -€26,159 | -16.2% |
| Cash at bank and in hand | 54/58 | €67,320 | €110,687 | +€43,367 | +64.4% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €306,821 | €276,010 | -€30,811 | -10.0% |
| Equity | 10/15 | €283,868 | €246,467 | -€37,401 | -13.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €265,268 | €227,867 | -€37,401 | -14.1% |
| Distributable reserves | 133 | €265,268 | €227,867 | -€37,401 | -14.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €22,953 | €29,543 | +€6,590 | +28.7% |
| Amounts payable within one year | 42/48 | €22,953 | €29,543 | +€6,590 | +28.7% |
| Trade debts | 44 | €1,829 | €9,386 | +€7,556 | +413.0% |
| Suppliers | 440/4 | €1,829 | €9,386 | +€7,556 | +413.0% |
| Taxes, remuneration and social security | 45 | €13,712 | €14,131 | +€418 | +3.1% |
| Taxes | 450/3 | €13,712 | €14,131 | +€418 | +3.1% |
| Other amounts payable | 47/48 | €7,412 | €6,027 | -€1,385 | -18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,402 | €5,648 | +€246 | +4.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €47,430 | +€47,430 | |
| Other operating charges | 640/8 | €1,010 | €963 | -€47 | -4.6% |
| Gross operating margin | 9900 | €179,276 | €179,354 | +€77 | 0.0% |
| Operating profit (loss) | 9901 | €172,864 | €125,312 | -€47,552 | -27.5% |
| Financial income | 75/76B | €10,935 | €19,205 | +€8,270 | +75.6% |
| Recurring financial income | 75 | €10,935 | €19,205 | +€8,270 | +75.6% |
| Financial charges | 65/66B | €2,523 | €1,785 | -€738 | -29.2% |
| Recurring financial charges | 65 | €2,523 | €1,785 | -€738 | -29.2% |
| Profit (loss) for the period before taxes | 9903 | €181,276 | €142,732 | -€38,544 | -21.3% |
| Income taxes | 67/77 | €39,418 | €30,133 | -€9,286 | -23.6% |
| Profit (loss) for the period | 9904 | €141,858 | €112,599 | -€29,259 | -20.6% |
| Profit (loss) for the period to be appropriated | 9905 | €141,858 | €112,599 | -€29,259 | -20.6% |
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 10 October 2026 via checked.be.