SCHEIDT & BACHMANN: 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.
SCHEIDT & BACHMANN
Largest movements
- Receivables after one year +€496,288
up €496,288 (+1213.5%), from €40,898 to €537,186
- Receivables within one year -€361,348
down €361,348 (-23.6%), from €1.5m to €1.2m
of which Trade receivables: -€413,237
- Cash -€264,255
down €264,255 (-93.8%), from €281,600 to €17,345
mainly Receivables after one year (-€496,288) and Advances received (-€352,333)
- Stocks and contracts +€122,651
up €122,651 (+194.6%), from €63,042 to €185,693
of which Contracts in progress: +€119,372
- Advances received -€352,333
down €352,333 (-85.5%), from €411,857 to €59,524
- Other debts +€200,545
up €200,545 (+115568.2%), from €174 to €200,719
- Trade debts +€163,635
up €163,635 (+32.8%), from €498,278 to €661,913
- Profit (loss) carried forward +€120,792
up €120,792 (+19.2%), from €627,824 to €748,617
- Tax, wage and social debts -€116,971
down €116,971 (-36.2%), from €322,685 to €205,714
of which Taxes: -€139,065
- Gross operating margin +€536,983
up €536,983 (+30.3%), from €1.8m to €2.3m
- Staff costs +€151,356
up €151,356 (+10.5%), from €1.4m to €1.6m
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 | €2,000,624 | €2,009,646 | +€9,022 | +0.5% |
| Fixed assets | 21/28 | €11,975 | €9,163 | -€2,812 | -23.5% |
| Intangible fixed assets | 21 | €283 | €113 | -€170 | -60.0% |
| Tangible fixed assets | 22/27 | €11,692 | €9,050 | -€2,642 | -22.6% |
| Plant, machinery and equipment | 23 | €5,686 | €4,379 | -€1,307 | -23.0% |
| Other tangible fixed assets | 26 | €6,006 | €4,671 | -€1,335 | -22.2% |
| Current assets | 29/58 | €1,988,649 | €2,000,483 | +€11,833 | +0.6% |
| Amounts receivable after more than one year | 29 | €40,898 | €537,186 | +€496,288 | +1213.5% |
| Other amounts receivable | 291 | €40,898 | €537,186 | +€496,288 | +1213.5% |
| Stocks and contracts in progress | 3 | €63,042 | €185,693 | +€122,651 | +194.6% |
| Stocks | 30/36 | €63,042 | €66,321 | +€3,280 | +5.2% |
| Contracts in progress | 37 | - | €119,372 | +€119,372 | |
| Amounts receivable within one year | 40/41 | €1,530,789 | €1,169,441 | -€361,348 | -23.6% |
| Trade receivables | 40 | €1,484,005 | €1,070,768 | -€413,237 | -27.8% |
| Other amounts receivable | 41 | €46,784 | €98,673 | +€51,889 | +110.9% |
| Cash at bank and in hand | 54/58 | €281,600 | €17,345 | -€264,255 | -93.8% |
| Deferred charges and accrued income | 490/1 | €72,321 | €90,818 | +€18,497 | +25.6% |
| Total equity and liabilities | 10/49 | €2,000,624 | €2,009,646 | +€9,022 | +0.5% |
| Equity | 10/15 | €648,275 | €769,068 | +€120,792 | +18.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €627,824 | €748,617 | +€120,792 | +19.2% |
| Provisions and deferred taxes | 16 | €47,591 | €57,479 | +€9,887 | +20.8% |
| Provisions for liabilities and charges | 160/5 | €47,591 | €57,479 | +€9,887 | +20.8% |
| Other liabilities and charges | 164/5 | €47,591 | €57,479 | +€9,887 | +20.8% |
| Amounts payable | 17/49 | €1,304,758 | €1,183,100 | -€121,658 | -9.3% |
| Amounts payable within one year | 42/48 | €1,232,993 | €1,127,869 | -€105,124 | -8.5% |
| Trade debts | 44 | €498,278 | €661,913 | +€163,635 | +32.8% |
| Suppliers | 440/4 | €498,278 | €661,913 | +€163,635 | +32.8% |
| Advances received on contracts in progress | 46 | €411,857 | €59,524 | -€352,333 | -85.5% |
| Taxes, remuneration and social security | 45 | €322,685 | €205,714 | -€116,971 | -36.2% |
| Taxes | 450/3 | €155,392 | €16,327 | -€139,065 | -89.5% |
| Remuneration and social security | 454/9 | €167,293 | €189,387 | +€22,094 | +13.2% |
| Other amounts payable | 47/48 | €174 | €200,719 | +€200,545 | +115568.2% |
| Accrued charges and deferred income | 492/3 | €71,765 | €55,231 | -€16,534 | -23.0% |
| Remuneration, social security and pensions | 62 | €1,439,410 | €1,590,766 | +€151,356 | +10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,061 | €4,805 | -€1,256 | -20.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,090 | €14,481 | +€5,391 | +59.3% |
| Other operating charges | 640/8 | - | €321 | +€321 | |
| Non-recurring operating charges | 66A | €150,000 | €475,000 | +€325,000 | +216.7% |
| Gross operating margin | 9900 | €1,774,630 | €2,311,612 | +€536,983 | +30.3% |
| Operating profit (loss) | 9901 | €170,068 | €226,239 | +€56,171 | +33.0% |
| Financial income | 75/76B | €3,912 | €3,912 | = | 0.0% |
| Recurring financial income | 75 | €3,912 | €3,912 | = | 0.0% |
| Financial charges | 65/66B | €21,766 | €28,066 | +€6,300 | +28.9% |
| Recurring financial charges | 65 | €21,766 | €28,066 | +€6,300 | +28.9% |
| Profit (loss) for the period before taxes | 9903 | €152,213 | €202,085 | +€49,872 | +32.8% |
| Income taxes | 67/77 | €68,000 | €81,293 | +€13,293 | +19.5% |
| Profit (loss) for the period | 9904 | €84,213 | €120,792 | +€36,579 | +43.4% |
| Profit (loss) for the period to be appropriated | 9905 | €84,213 | €120,792 | +€36,579 | +43.4% |
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 8 October 2026 via checked.be.