SCHMIDT ELEKTRO: 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 ELEKTRO
Largest movements
- Cash -€16,757
down €16,757 (-60.0%), from €27,911 to €11,154
mainly Net result for the year (-€24,041) and Stocks and contracts (-€15,239)
- Stocks and contracts +€15,239
up €15,239 (+13.9%), from €109,381 to €124,619
- Receivables within one year -€14,864
down €14,864 (-31.7%), from €46,891 to €32,027
of which Trade receivables: -€17,999
- Deferred charges and accrued income +€5,339
up €5,339 (+66.8%), from €7,989 to €13,328
- Tangible fixed assets -€3,071
down €3,071 (-38.2%), from €8,042 to €4,971
of which Furniture and vehicles: -€1,824
- Profit (loss) carried forward -€24,041
down €24,041 (-113%), from -€21,270 to -€45,311
- Trade debts +€16,254
up €16,254 (+767%), from €2,120 to €18,374
- Other debts -€3,408
down €3,408 (-19.4%), from €17,535 to €14,127
- Other operating charges +€12,870
up €12,870 (+694%), from €1,853 to €14,723
- Gross operating margin -€10,061
down €10,061 (-9.7%), from €103,813 to €93,753
- Staff costs +€4,342
up €4,342 (+4.7%), from €92,555 to €96,896
- Financial charges -€2,285
down €2,285 (-44.6%), from €5,122 to €2,837
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 | €208,273 | €194,158 | -€14,115 | -6.8% |
| Fixed assets | 21/28 | €16,101 | €13,030 | -€3,071 | -19.1% |
| Tangible fixed assets | 22/27 | €8,042 | €4,971 | -€3,071 | -38.2% |
| Furniture and vehicles | 24 | €6,187 | €4,363 | -€1,824 | -29.5% |
| Other tangible fixed assets | 26 | €1,855 | €608 | -€1,247 | -67.2% |
| Financial fixed assets | 28 | €8,059 | €8,059 | = | 0.0% |
| Current assets | 29/58 | €192,171 | €181,128 | -€11,044 | -5.7% |
| Stocks and contracts in progress | 3 | €109,381 | €124,619 | +€15,239 | +13.9% |
| Stocks | 30/36 | €109,381 | €124,619 | +€15,239 | +13.9% |
| Amounts receivable within one year | 40/41 | €46,891 | €32,027 | -€14,864 | -31.7% |
| Trade receivables | 40 | €46,891 | €28,892 | -€17,999 | -38.4% |
| Other amounts receivable | 41 | - | €3,134 | +€3,134 | |
| Cash at bank and in hand | 54/58 | €27,911 | €11,154 | -€16,757 | -60.0% |
| Deferred charges and accrued income | 490/1 | €7,989 | €13,328 | +€5,339 | +66.8% |
| Total equity and liabilities | 10/49 | €208,273 | €194,158 | -€14,115 | -6.8% |
| Equity | 10/15 | €172,053 | €148,011 | -€24,041 | -14.0% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €130,823 | €130,823 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Legal reserve | 130 | €6,250 | €6,250 | = | 0.0% |
| Distributable reserves | 133 | €124,573 | €124,573 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,270 | -€45,311 | -€24,041 | -113% |
| Amounts payable | 17/49 | €36,220 | €46,146 | +€9,926 | +27.4% |
| Amounts payable within one year | 42/48 | €34,525 | €46,042 | +€11,518 | +33.4% |
| Trade debts | 44 | €2,120 | €18,374 | +€16,254 | +767% |
| Suppliers | 440/4 | €2,120 | €18,374 | +€16,254 | +767% |
| Taxes, remuneration and social security | 45 | €14,870 | €13,541 | -€1,328 | -8.9% |
| Taxes | 450/3 | €6,424 | €3,108 | -€3,315 | -51.6% |
| Remuneration and social security | 454/9 | €8,446 | €10,433 | +€1,987 | +23.5% |
| Other amounts payable | 47/48 | €17,535 | €14,127 | -€3,408 | -19.4% |
| Accrued charges and deferred income | 492/3 | €1,696 | €104 | -€1,592 | -93.9% |
| Remuneration, social security and pensions | 62 | €92,555 | €96,896 | +€4,342 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,910 | €3,071 | +€161 | +5.5% |
| Other operating charges | 640/8 | €1,853 | €14,723 | +€12,870 | +694% |
| Gross operating margin | 9900 | €103,813 | €93,753 | -€10,061 | -9.7% |
| Operating profit (loss) | 9901 | €6,495 | -€20,938 | -€27,433 | |
| Financial income | 75/76B | €17 | €84 | +€67 | +393% |
| Recurring financial income | 75 | €17 | €84 | +€67 | +393% |
| Financial charges | 65/66B | €5,122 | €2,837 | -€2,285 | -44.6% |
| Recurring financial charges | 65 | €5,122 | €2,837 | -€2,285 | -44.6% |
| Profit (loss) for the period before taxes | 9903 | €1,390 | -€23,691 | -€25,081 | |
| Income taxes | 67/77 | €442 | €350 | -€92 | -20.9% |
| Profit (loss) for the period | 9904 | €948 | -€24,041 | -€24,989 | |
| Profit (loss) for the period to be appropriated | 9905 | €948 | -€24,041 | -€24,989 |
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 13 October 2026 via checked.be.