SCHELMA: 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.
SCHELMA
Largest movements
- Receivables within one year -€47,056
down €47,056 (-84.8%), from €55,504 to €8,448
of which Trade receivables: -€49,415
- Cash +€14,943
up €14,943 (+336.1%), from €4,446 to €19,389
mainly Receivables within one year (+€47,056) and Depreciation (+€7,718)
- Stocks and contracts -€4,896
down €4,896 (-79.9%), from €6,125 to €1,230
- Financial fixed assets -€3,684
down €3,684 (-87.9%), from €4,192 to €508
- Trade debts -€23,066
down €23,066 (-88.7%), from €26,000 to €2,934
- Other debts -€12,602
down €12,602 (-7.1%), from €177,869 to €165,267
- Gross operating margin -€4,496
down €4,496 (-41.7%), from €10,795 to €6,299
- Taxes -€115
no longer reported in 2025 (was €115)
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 | €253,278 | €215,948 | -€37,330 | -14.7% |
| Fixed assets | 21/28 | €187,202 | €185,471 | -€1,732 | -0.9% |
| Tangible fixed assets | 22/27 | €183,010 | €184,962 | +€1,952 | +1.1% |
| Land and buildings | 22 | €183,010 | €184,962 | +€1,952 | +1.1% |
| Financial fixed assets | 28 | €4,192 | €508 | -€3,684 | -87.9% |
| Current assets | 29/58 | €66,076 | €30,478 | -€35,598 | -53.9% |
| Stocks and contracts in progress | 3 | €6,125 | €1,230 | -€4,896 | -79.9% |
| Stocks | 30/36 | €6,125 | €1,230 | -€4,896 | -79.9% |
| Amounts receivable within one year | 40/41 | €55,504 | €8,448 | -€47,056 | -84.8% |
| Trade receivables | 40 | €55,504 | €6,089 | -€49,415 | -89.0% |
| Other amounts receivable | 41 | - | €2,359 | +€2,359 | |
| Cash at bank and in hand | 54/58 | €4,446 | €19,389 | +€14,943 | +336.1% |
| Deferred charges and accrued income | 490/1 | - | €1,411 | +€1,411 | |
| Total equity and liabilities | 10/49 | €253,278 | €215,948 | -€37,330 | -14.7% |
| Equity | 10/15 | €49,070 | €47,583 | -€1,488 | -3.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,619 | €27,131 | -€1,488 | -5.2% |
| Amounts payable | 17/49 | €204,208 | €168,366 | -€35,842 | -17.6% |
| Amounts payable within one year | 42/48 | €204,208 | €168,366 | -€35,842 | -17.6% |
| Trade debts | 44 | €26,000 | €2,934 | -€23,066 | -88.7% |
| Suppliers | 440/4 | €26,000 | €2,934 | -€23,066 | -88.7% |
| Taxes, remuneration and social security | 45 | €339 | €164 | -€174 | -51.5% |
| Taxes | 450/3 | €339 | €164 | -€174 | -51.5% |
| Other amounts payable | 47/48 | €177,869 | €165,267 | -€12,602 | -7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,634 | €7,718 | +€84 | +1.1% |
| Gross operating margin | 9900 | €10,795 | €6,299 | -€4,496 | -41.7% |
| Operating profit (loss) | 9901 | €3,161 | -€1,419 | -€4,580 | |
| Financial income | 75/76B | €0 | €57 | +€56 | +18810.0% |
| Recurring financial income | 75 | €0 | €57 | +€56 | +18810.0% |
| Financial charges | 65/66B | €93 | €125 | +€32 | +34.9% |
| Recurring financial charges | 65 | €93 | €125 | +€32 | +34.9% |
| Profit (loss) for the period before taxes | 9903 | €3,068 | -€1,488 | -€4,556 | |
| Income taxes | 67/77 | €115 | - | -€115 | |
| Profit (loss) for the period | 9904 | €2,953 | -€1,488 | -€4,441 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,953 | -€1,488 | -€4,441 |
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 4 October 2026 via checked.be.