SCHILTZ: 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.
SCHILTZ
Largest movements
- Cash -€34,078
down €34,078 (-12.1%), from €281,632 to €247,555
mainly Debts after one year (-€39,985) and Current portion of long-term debt (-€7,307)
- Debts after one year -€39,985
down €39,985 (-65.7%), from €60,818 to €20,833
- Current portion of long-term debt -€7,307
down €7,307 (-15.5%), from €47,292 to €39,985
- Other debts +€6,869
up €6,869 (+8.7%), from €78,800 to €85,668
- Gross operating margin +€14,632
up €14,632 (+3999.6%), from €366 to €14,998
- Depreciation -€11,585
down €11,585 (-77.9%), from €14,876 to €3,291
- Staff costs +€9,248
no longer reported in 2025 (was -€9,248)
- Financial income -€6,024
down €6,024 (-51.6%), from €11,668 to €5,644
- Other operating charges +€2,348
up €2,348 (+79.5%), from €2,955 to €5,303
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 | €651,132 | €610,471 | -€40,661 | -6.2% |
| Fixed assets | 21/28 | €354,079 | €350,788 | -€3,291 | -0.9% |
| Tangible fixed assets | 22/27 | €354,079 | €350,788 | -€3,291 | -0.9% |
| Land and buildings | 22 | €349,798 | €348,368 | -€1,430 | -0.4% |
| Furniture and vehicles | 24 | €4,281 | €2,421 | -€1,861 | -43.5% |
| Current assets | 29/58 | €297,053 | €259,683 | -€37,370 | -12.6% |
| Amounts receivable within one year | 40/41 | €13,226 | €12,129 | -€1,097 | -8.3% |
| Trade receivables | 40 | €6,509 | €10,666 | +€4,158 | +63.9% |
| Other amounts receivable | 41 | €6,717 | €1,462 | -€5,255 | -78.2% |
| Cash at bank and in hand | 54/58 | €281,632 | €247,555 | -€34,078 | -12.1% |
| Deferred charges and accrued income | 490/1 | €2,195 | - | -€2,195 | |
| Total equity and liabilities | 10/49 | €651,132 | €610,471 | -€40,661 | -6.2% |
| Equity | 10/15 | €447,363 | €449,198 | +€1,836 | +0.4% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €209,740 | €209,740 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,200 | €1,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,200 | €1,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,623 | €7,623 | = | 0.0% |
| Distributable reserves | 133 | €200,917 | €200,917 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,377 | -€10,542 | +€1,836 | +14.8% |
| Amounts payable | 17/49 | €203,770 | €161,273 | -€42,496 | -20.9% |
| Amounts payable after more than one year | 17 | €60,818 | €20,833 | -€39,985 | -65.7% |
| Financial debts | 170/4 | €60,818 | €20,833 | -€39,985 | -65.7% |
| Amounts payable within one year | 42/48 | €142,593 | €140,441 | -€2,153 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | €47,292 | €39,985 | -€7,307 | -15.5% |
| Trade debts | 44 | €11,078 | €10,666 | -€412 | -3.7% |
| Suppliers | 440/4 | €11,078 | €10,666 | -€412 | -3.7% |
| Advances received on contracts in progress | 46 | - | €34 | +€34 | |
| Taxes, remuneration and social security | 45 | €5,424 | €4,087 | -€1,336 | -24.6% |
| Taxes | 450/3 | €5,424 | €4,087 | -€1,336 | -24.6% |
| Other amounts payable | 47/48 | €78,800 | €85,668 | +€6,869 | +8.7% |
| Accrued charges and deferred income | 492/3 | €359 | - | -€359 | |
| Non-recurring operating income | 76A | - | €13,435 | +€13,435 | |
| Remuneration, social security and pensions | 62 | -€9,248 | - | +€9,248 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,876 | €3,291 | -€11,585 | -77.9% |
| Other operating charges | 640/8 | €2,955 | €5,303 | +€2,348 | +79.5% |
| Gross operating margin | 9900 | €366 | €14,998 | +€14,632 | +3999.6% |
| Operating profit (loss) | 9901 | -€8,216 | €6,405 | +€14,621 | |
| Financial income | 75/76B | €11,668 | €5,644 | -€6,024 | -51.6% |
| Recurring financial income | 75 | €11,668 | €5,644 | -€6,024 | -51.6% |
| Financial charges | 65/66B | €7,827 | €10,065 | +€2,238 | +28.6% |
| Recurring financial charges | 65 | €7,827 | €10,065 | +€2,238 | +28.6% |
| Profit (loss) for the period before taxes | 9903 | -€4,376 | €1,983 | +€6,359 | |
| Income taxes | 67/77 | €314 | €147 | -€167 | -53.1% |
| Profit (loss) for the period | 9904 | -€4,690 | €1,836 | +€6,525 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,690 | €1,836 | +€6,525 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.