SCHMIDT: 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.
SCHMIDT
Largest movements
- Cash +€31,196
up €31,196 (+77.3%), from €40,372 to €71,569
mainly Net result for the year (+€34,543) and Deferred charges and accrued income (+€4,702)
- Deferred charges and accrued income -€4,702
down €4,702 (-93.2%), from €5,047 to €344
- Receivables within one year +€3,727
up €3,727 (+23.8%), from €15,655 to €19,381
of which Other amounts receivable: +€9,487
- Reserves +€31,792
up €31,792 (+100%), from €31,657 to €63,449
of which Distributable reserves: +€31,792
- Trade debts -€8,472
down €8,472 (-74.7%), from €11,349 to €2,877
- Tax, wage and social debts +€3,670
up €3,670 (+56.5%), from €6,499 to €10,169
- Other debts +€1,666
up €1,666, from €0 to €1,666
- Profit (loss) carried forward +€1,085
up €1,085, from -€1,085 to €0
- Gross operating margin +€27,729
up €27,729 (+246%), from €11,277 to €39,006
- Taxes +€3,187
up €3,187 (+713%), from €447 to €3,633
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.
Derived cash bridge
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 | €62,054 | €91,795 | +€29,741 | +47.9% |
| Fixed assets | 21/28 | €480 | €0 | -€480 | -100% |
| Financial fixed assets | 28 | €480 | €0 | -€480 | -100% |
| Current assets | 29/58 | €61,574 | €91,795 | +€30,221 | +49.1% |
| Stocks and contracts in progress | 3 | €500 | €500 | = | 0.0% |
| Stocks | 30/36 | €500 | €500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €15,655 | €19,381 | +€3,727 | +23.8% |
| Trade receivables | 40 | €9,684 | €3,924 | -€5,760 | -59.5% |
| Other amounts receivable | 41 | €5,970 | €15,458 | +€9,487 | +159% |
| Cash at bank and in hand | 54/58 | €40,372 | €71,569 | +€31,196 | +77.3% |
| Deferred charges and accrued income | 490/1 | €5,047 | €344 | -€4,702 | -93.2% |
| Total equity and liabilities | 10/49 | €62,054 | €91,795 | +€29,741 | +47.9% |
| Equity | 10/15 | €44,206 | €77,083 | +€32,877 | +74.4% |
| Contributions | 10/11 | €13,634 | €13,634 | = | 0.0% |
| Reserves | 13 | €31,657 | €63,449 | +€31,792 | +100% |
| Tax-exempt reserves | 132 | €2,968 | €2,968 | = | 0.0% |
| Distributable reserves | 133 | €28,689 | €60,481 | +€31,792 | +111% |
| Profit (loss) carried forward | 14 | -€1,085 | €0 | +€1,085 | |
| Amounts payable | 17/49 | €17,848 | €14,712 | -€3,136 | -17.6% |
| Amounts payable within one year | 42/48 | €17,848 | €14,712 | -€3,136 | -17.6% |
| Trade debts | 44 | €11,349 | €2,877 | -€8,472 | -74.7% |
| Suppliers | 440/4 | €11,349 | €2,877 | -€8,472 | -74.7% |
| Taxes, remuneration and social security | 45 | €6,499 | €10,169 | +€3,670 | +56.5% |
| Taxes | 450/3 | €6,499 | €10,169 | +€3,670 | +56.5% |
| Other amounts payable | 47/48 | €0 | €1,666 | +€1,666 | |
| Other operating charges | 640/8 | €1,477 | €1,634 | +€158 | +10.7% |
| Gross operating margin | 9900 | €11,277 | €39,006 | +€27,729 | +246% |
| Operating profit (loss) | 9901 | €9,801 | €37,372 | +€27,571 | +281% |
| Financial income | 75/76B | €634 | €845 | +€211 | +33.3% |
| Recurring financial income | 75 | €634 | €845 | +€211 | +33.3% |
| Financial charges | 65/66B | €63 | €40 | -€22 | -35.8% |
| Recurring financial charges | 65 | €63 | €40 | -€22 | -35.8% |
| Profit (loss) for the period before taxes | 9903 | €10,372 | €38,176 | +€27,804 | +268% |
| Income taxes | 67/77 | €447 | €3,633 | +€3,187 | +713% |
| Profit (loss) for the period | 9904 | €9,925 | €34,543 | +€24,618 | +248% |
| Profit (loss) for the period to be appropriated | 9905 | €9,925 | €34,543 | +€24,618 | +248% |
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 27 October 2026 via checked.be.