Schmidt Valerie: 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 Valerie
Largest movements
- Tangible fixed assets -€4,675
down €4,675 (-33.7%), from €13,882 to €9,207
- Cash +€1,710
up €1,710 (+12.1%), from €14,094 to €15,804
mainly Depreciation (+€4,675) and Net result for the year (+€809)
- Debts after one year -€3,000
down €3,000 (-38.6%), from €7,775 to €4,775
- Profit (loss) carried forward +€809
up €809 (+6.0%), from -€13,448 to -€12,639
- Tax, wage and social debts -€339
no longer reported in 2025 (was €339)
- Current portion of long-term debt -€280
down €280 (-9.3%), from €3,000 to €2,720
- Gross operating margin +€1,341
up €1,341 (+20.2%), from €6,645 to €7,986
- Taxes -€339
new in 2025: -€339
- Financial charges -€273
down €273 (-28.3%), from €965 to €692
- Other operating charges +€189
up €189 (+9.5%), from €1,994 to €2,183
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 | €27,978 | €25,011 | -€2,967 | -10.6% |
| Fixed assets | 21/28 | €13,882 | €9,207 | -€4,675 | -33.7% |
| Tangible fixed assets | 22/27 | €13,882 | €9,207 | -€4,675 | -33.7% |
| Land and buildings | 22 | €13,882 | €9,207 | -€4,675 | -33.7% |
| Current assets | 29/58 | €14,096 | €15,804 | +€1,708 | +12.1% |
| Amounts receivable within one year | 40/41 | €2 | - | -€2 | |
| Other amounts receivable | 41 | €2 | - | -€2 | |
| Cash at bank and in hand | 54/58 | €14,094 | €15,804 | +€1,710 | +12.1% |
| Total equity and liabilities | 10/49 | €27,978 | €25,011 | -€2,967 | -10.6% |
| Equity | 10/15 | €7,411 | €8,219 | +€809 | +10.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,259 | €2,259 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,259 | €2,259 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,259 | €2,259 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,448 | -€12,639 | +€809 | +6.0% |
| Amounts payable | 17/49 | €20,568 | €16,792 | -€3,776 | -18.4% |
| Amounts payable after more than one year | 17 | €7,775 | €4,775 | -€3,000 | -38.6% |
| Financial debts | 170/4 | €7,775 | €4,775 | -€3,000 | -38.6% |
| Amounts payable within one year | 42/48 | €12,792 | €12,016 | -€776 | -6.1% |
| Current portion of amounts payable after more than one year | 42 | €3,000 | €2,720 | -€280 | -9.3% |
| Trade debts | 44 | €424 | €267 | -€156 | -36.9% |
| Suppliers | 440/4 | €424 | €267 | -€156 | -36.9% |
| Taxes, remuneration and social security | 45 | €339 | - | -€339 | |
| Taxes | 450/3 | €339 | - | -€339 | |
| Other amounts payable | 47/48 | €9,029 | €9,029 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,675 | €4,675 | = | 0.0% |
| Other operating charges | 640/8 | €1,994 | €2,183 | +€189 | +9.5% |
| Gross operating margin | 9900 | €6,645 | €7,986 | +€1,341 | +20.2% |
| Operating profit (loss) | 9901 | -€24 | €1,128 | +€1,152 | |
| Financial income | 75/76B | €0 | €33 | +€33 | +329,300% |
| Recurring financial income | 75 | €0 | €33 | +€33 | +329,300% |
| Financial charges | 65/66B | €965 | €692 | -€273 | -28.3% |
| Recurring financial charges | 65 | €965 | €692 | -€273 | -28.3% |
| Profit (loss) for the period before taxes | 9903 | -€989 | €469 | +€1,459 | |
| Income taxes | 67/77 | - | -€339 | -€339 | |
| Profit (loss) for the period | 9904 | -€989 | €809 | +€1,798 | |
| Profit (loss) for the period to be appropriated | 9905 | -€989 | €809 | +€1,798 |
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 31 October 2026 via checked.be.