SCHMIT SERVICE: 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.
SCHMIT SERVICE
Largest movements
- Tangible fixed assets -€88,797
down €88,797 (-9.6%), from €921,079 to €832,282
of which Land and buildings: -€70,790
- Cash -€65,050
down €65,050 (-24.0%), from €271,154 to €206,104
mainly Debts after one year (-€118,627) and Trade debts (-€73,159)
- Receivables within one year -€21,024
down €21,024 (-30.9%), from €68,035 to €47,010
of which Other amounts receivable: -€18,173
- Debts after one year -€118,627
down €118,627 (-30.8%), from €385,331 to €266,704
- Trade debts -€73,159
down €73,159 (-88.4%), from €82,765 to €9,606
- Reserves +€28,143
up €28,143 (+13.1%), from €215,585 to €243,728
- Financial charges -€12,658
down €12,658 (-30.2%), from €41,964 to €29,306
- Gross operating margin -€12,293
down €12,293 (-4.2%), from €292,954 to €280,661
- Depreciation -€9,907
down €9,907 (-9.3%), from €106,689 to €96,782
- Staff costs +€4,957
up €4,957 (+5.3%), from €93,224 to €98,180
- Other operating charges +€4,388
up €4,388 (+39.2%), from €11,181 to €15,569
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 | €1,347,145 | €1,163,676 | -€183,469 | -13.6% |
| Fixed assets | 21/28 | €921,313 | €832,515 | -€88,797 | -9.6% |
| Tangible fixed assets | 22/27 | €921,079 | €832,282 | -€88,797 | -9.6% |
| Land and buildings | 22 | €884,558 | €813,768 | -€70,790 | -8.0% |
| Plant, machinery and equipment | 23 | €31,559 | €12,567 | -€18,992 | -60.2% |
| Furniture and vehicles | 24 | €437 | €2,674 | +€2,237 | +511.3% |
| Other tangible fixed assets | 26 | €4,524 | €3,273 | -€1,251 | -27.7% |
| Financial fixed assets | 28 | €233 | €233 | = | 0.0% |
| Current assets | 29/58 | €425,833 | €331,161 | -€94,672 | -22.2% |
| Stocks and contracts in progress | 3 | €86,148 | €77,518 | -€8,630 | -10.0% |
| Stocks | 30/36 | €86,148 | €77,518 | -€8,630 | -10.0% |
| Amounts receivable within one year | 40/41 | €68,035 | €47,010 | -€21,024 | -30.9% |
| Trade receivables | 40 | €21,596 | €18,745 | -€2,851 | -13.2% |
| Other amounts receivable | 41 | €46,439 | €28,266 | -€18,173 | -39.1% |
| Cash at bank and in hand | 54/58 | €271,154 | €206,104 | -€65,050 | -24.0% |
| Deferred charges and accrued income | 490/1 | €497 | €529 | +€32 | +6.5% |
| Total equity and liabilities | 10/49 | €1,347,145 | €1,163,676 | -€183,469 | -13.6% |
| Equity | 10/15 | €815,585 | €843,728 | +€28,143 | +3.5% |
| Contributions | 10/11 | €600,000 | €600,000 | = | 0.0% |
| Reserves | 13 | €215,585 | €243,728 | +€28,143 | +13.1% |
| Distributable reserves | 133 | €215,585 | €243,728 | +€28,143 | +13.1% |
| Amounts payable | 17/49 | €531,560 | €319,948 | -€211,612 | -39.8% |
| Amounts payable after more than one year | 17 | €385,331 | €266,704 | -€118,627 | -30.8% |
| Financial debts | 170/4 | €385,331 | €266,704 | -€118,627 | -30.8% |
| Amounts payable within one year | 42/48 | €146,229 | €53,244 | -€92,985 | -63.6% |
| Trade debts | 44 | €82,765 | €9,606 | -€73,159 | -88.4% |
| Suppliers | 440/4 | €82,765 | €9,606 | -€73,159 | -88.4% |
| Taxes, remuneration and social security | 45 | €38,463 | €27,481 | -€10,982 | -28.6% |
| Taxes | 450/3 | €10,715 | €9,607 | -€1,108 | -10.3% |
| Remuneration and social security | 454/9 | €27,748 | €17,874 | -€9,874 | -35.6% |
| Other amounts payable | 47/48 | €25,001 | €16,157 | -€8,843 | -35.4% |
| Remuneration, social security and pensions | 62 | €93,224 | €98,180 | +€4,957 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €106,689 | €96,782 | -€9,907 | -9.3% |
| Other operating charges | 640/8 | €11,181 | €15,569 | +€4,388 | +39.2% |
| Gross operating margin | 9900 | €292,954 | €280,661 | -€12,293 | -4.2% |
| Operating profit (loss) | 9901 | €81,859 | €70,129 | -€11,730 | -14.3% |
| Financial income | 75/76B | €3 | €2 | -€2 | -49.2% |
| Recurring financial income | 75 | €3 | €2 | -€2 | -49.2% |
| Financial charges | 65/66B | €41,964 | €29,306 | -€12,658 | -30.2% |
| Recurring financial charges | 65 | €41,964 | €29,306 | -€12,658 | -30.2% |
| Profit (loss) for the period before taxes | 9903 | €39,899 | €40,825 | +€926 | +2.3% |
| Income taxes | 67/77 | €12,263 | €12,682 | +€419 | +3.4% |
| Profit (loss) for the period | 9904 | €27,636 | €28,143 | +€507 | +1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €27,636 | €28,143 | +€507 | +1.8% |
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 9 October 2026 via checked.be.