SCHMIEDE: 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.
SCHMIEDE
Largest movements
- Tangible fixed assets -€30,058
down €30,058 (-5.5%), from €542,930 to €512,871
of which Plant, machinery and equipment: -€26,966
- Receivables within one year -€12,737
down €12,737 (-25.3%), from €50,322 to €37,584
of which Other amounts receivable: -€11,188
- Trade debts -€22,046
down €22,046 (-37.7%), from €58,492 to €36,446
- Debts after one year -€20,863
down €20,863 (-10.3%), from €203,159 to €182,296
- Profit (loss) carried forward -€14,886
down €14,886 (-29.4%), from -€50,606 to -€65,492
- Staff costs -€38,633
down €38,633 (-50.6%), from €76,307 to €37,674
- Depreciation +€9,856
up €9,856 (+25.7%), from €38,380 to €48,235
- Financial charges +€1,998
up €1,998 (+20.9%), from €9,538 to €11,535
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €613,581 | €570,088 | -€43,493 | -7.1% |
| Fixed assets | 21/28 | €542,930 | €512,871 | -€30,058 | -5.5% |
| Tangible fixed assets | 22/27 | €542,930 | €512,871 | -€30,058 | -5.5% |
| Land and buildings | 22 | €431,025 | €418,058 | -€12,966 | -3.0% |
| Plant, machinery and equipment | 23 | €85,404 | €58,439 | -€26,966 | -31.6% |
| Furniture and vehicles | 24 | €26,501 | €36,374 | +€9,874 | +37.3% |
| Current assets | 29/58 | €70,651 | €57,217 | -€13,434 | -19.0% |
| Stocks and contracts in progress | 3 | €5,575 | €4,818 | -€757 | -13.6% |
| Stocks | 30/36 | €5,575 | €4,818 | -€757 | -13.6% |
| Amounts receivable within one year | 40/41 | €50,322 | €37,584 | -€12,737 | -25.3% |
| Trade receivables | 40 | €19,193 | €17,643 | -€1,549 | -8.1% |
| Other amounts receivable | 41 | €31,129 | €19,941 | -€11,188 | -35.9% |
| Cash at bank and in hand | 54/58 | €12,352 | €13,134 | +€782 | +6.3% |
| Deferred charges and accrued income | 490/1 | €2,403 | €1,681 | -€722 | -30.0% |
| Total equity and liabilities | 10/49 | €613,581 | €570,088 | -€43,493 | -7.1% |
| Equity | 10/15 | €293,454 | €278,568 | -€14,886 | -5.1% |
| Contributions | 10/11 | €342,200 | €342,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,606 | -€65,492 | -€14,886 | -29.4% |
| Amounts payable | 17/49 | €320,127 | €291,520 | -€28,607 | -8.9% |
| Amounts payable after more than one year | 17 | €203,159 | €182,296 | -€20,863 | -10.3% |
| Financial debts | 170/4 | €203,159 | €182,296 | -€20,863 | -10.3% |
| Amounts payable within one year | 42/48 | €116,968 | €109,224 | -€7,744 | -6.6% |
| Current portion of amounts payable after more than one year | 42 | €26,461 | €26,154 | -€307 | -1.2% |
| Financial debts | 43 | €728 | €5,000 | +€4,272 | +586.4% |
| Credit institutions | 430/8 | €728 | €5,000 | +€4,272 | +586.4% |
| Trade debts | 44 | €58,492 | €36,446 | -€22,046 | -37.7% |
| Suppliers | 440/4 | €58,492 | €36,446 | -€22,046 | -37.7% |
| Taxes, remuneration and social security | 45 | €6,615 | €11,116 | +€4,501 | +68.1% |
| Taxes | 450/3 | €1,177 | €4,511 | +€3,334 | +283.3% |
| Remuneration and social security | 454/9 | €5,438 | €6,605 | +€1,167 | +21.5% |
| Other amounts payable | 47/48 | €24,671 | €30,508 | +€5,837 | +23.7% |
| Remuneration, social security and pensions | 62 | €76,307 | €37,674 | -€38,633 | -50.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,380 | €48,235 | +€9,856 | +25.7% |
| Other operating charges | 640/8 | €9,993 | €10,685 | +€692 | +6.9% |
| Non-recurring operating charges | 66A | - | €9,836 | +€9,836 | |
| Gross operating margin | 9900 | €102,680 | €103,016 | +€336 | +0.3% |
| Operating profit (loss) | 9901 | -€22,000 | -€3,414 | +€18,586 | +84.5% |
| Financial income | 75/76B | €1 | €64 | +€63 | +7837.5% |
| Recurring financial income | 75 | €1 | €64 | +€63 | +7837.5% |
| Financial charges | 65/66B | €9,538 | €11,535 | +€1,998 | +20.9% |
| Recurring financial charges | 65 | €9,538 | €11,535 | +€1,998 | +20.9% |
| Profit (loss) for the period before taxes | 9903 | -€31,537 | -€14,886 | +€16,651 | +52.8% |
| Profit (loss) for the period | 9904 | -€31,537 | -€14,886 | +€16,651 | +52.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,537 | -€14,886 | +€16,651 | +52.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.