SCHMID: 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.
SCHMID
Largest movements
- Cash +€42,523
up €42,523 (+34.3%), from €124,066 to €166,590
mainly Net result for the year (+€49,459) and Receivables within one year (+€11,711)
- Receivables within one year -€11,711
down €11,711 (-33.0%), from €35,458 to €23,747
of which Other amounts receivable: -€10,063
- Stocks and contracts -€6,906
down €6,906 (-17.5%), from €39,509 to €32,603
- Reserves +€34,889
up €34,889 (+22.4%), from €155,722 to €190,611
- Contributions -€18,592
down €18,592 (-100.0%), from €18,592 to €0
- Trade debts +€9,898
up €9,898 (+467.7%), from €2,116 to €12,014
- Gross operating margin -€1,778
down €1,778 (-2.3%), from €76,719 to €74,941
- Depreciation +€769
up €769 (+265.5%), from €289 to €1,058
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 | €203,148 | €229,293 | +€26,145 | +12.9% |
| Fixed assets | 21/28 | €1,231 | €3,408 | +€2,177 | +176.8% |
| Tangible fixed assets | 22/27 | €1,231 | €3,408 | +€2,177 | +176.8% |
| Plant, machinery and equipment | 23 | €1,231 | €2,684 | +€1,452 | +117.9% |
| Furniture and vehicles | 24 | - | €724 | +€724 | |
| Current assets | 29/58 | €201,917 | €225,885 | +€23,968 | +11.9% |
| Stocks and contracts in progress | 3 | €39,509 | €32,603 | -€6,906 | -17.5% |
| Stocks | 30/36 | €39,509 | €32,603 | -€6,906 | -17.5% |
| Amounts receivable within one year | 40/41 | €35,458 | €23,747 | -€11,711 | -33.0% |
| Trade receivables | 40 | €25,337 | €23,689 | -€1,648 | -6.5% |
| Other amounts receivable | 41 | €10,121 | €58 | -€10,063 | -99.4% |
| Cash at bank and in hand | 54/58 | €124,066 | €166,590 | +€42,523 | +34.3% |
| Deferred charges and accrued income | 490/1 | €2,884 | €2,945 | +€62 | +2.1% |
| Total equity and liabilities | 10/49 | €203,148 | €229,293 | +€26,145 | +12.9% |
| Equity | 10/15 | €174,314 | €190,611 | +€16,297 | +9.3% |
| Contributions | 10/11 | €18,592 | €0 | -€18,592 | -100.0% |
| Reserves | 13 | €155,722 | €190,611 | +€34,889 | +22.4% |
| Distributable reserves | 133 | €155,722 | €190,611 | +€34,889 | +22.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €28,834 | €38,681 | +€9,848 | +34.2% |
| Amounts payable within one year | 42/48 | €28,834 | €38,681 | +€9,848 | +34.2% |
| Trade debts | 44 | €2,116 | €12,014 | +€9,898 | +467.7% |
| Suppliers | 440/4 | €2,116 | €12,014 | +€9,898 | +467.7% |
| Taxes, remuneration and social security | 45 | €26,718 | €26,668 | -€50 | -0.2% |
| Taxes | 450/3 | €26,718 | €26,168 | -€550 | -2.1% |
| Remuneration and social security | 454/9 | €0 | €500 | +€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €289 | €1,058 | +€769 | +265.5% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €76,719 | €74,941 | -€1,778 | -2.3% |
| Operating profit (loss) | 9901 | €75,924 | €73,363 | -€2,561 | -3.4% |
| Financial income | 75/76B | €0 | €345 | +€345 | |
| Recurring financial income | 75 | €0 | €345 | +€345 | |
| Financial charges | 65/66B | €794 | €934 | +€140 | +17.7% |
| Recurring financial charges | 65 | €794 | €934 | +€140 | +17.7% |
| Profit (loss) for the period before taxes | 9903 | €75,131 | €72,774 | -€2,357 | -3.1% |
| Income taxes | 67/77 | €24,060 | €23,315 | -€744 | -3.1% |
| Profit (loss) for the period | 9904 | €51,071 | €49,459 | -€1,613 | -3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €51,071 | €49,459 | -€1,613 | -3.2% |
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 1 October 2026 via checked.be.