SCHMITZ CONCEPT: 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.
SCHMITZ CONCEPT
Largest movements
- Stocks and contracts -€109,572
down €109,572 (-97.4%), from €112,463 to €2,891
- Tangible fixed assets -€3,251
down €3,251 (-68.6%), from €4,740 to €1,489
- Cash -€2,006
down €2,006 (-13.4%), from €14,969 to €12,963
mainly Debts after one year (-€78,064) and Net result for the year (-€32,095)
- Debts after one year -€78,064
down €78,064 (-13.9%), from €560,106 to €482,043
- Profit (loss) carried forward -€24,549
down €24,549 (-5.6%), from -€441,802 to -€466,351
- Reserves -€7,546
down €7,546 (-100.0%), from €7,546 to €0
of which Tax-exempt reserves: -€5,686
- Other debts -€6,249
down €6,249 (-25.0%), from €25,000 to €18,751
- Gross operating margin +€16,355
up €16,355 (+39.1%), from -€41,833 to -€25,477
- Financial charges -€3,591
down €3,591 (-94.5%), from €3,801 to €210
- Other operating charges +€2,415
up €2,415 (+426.4%), from €567 to €2,982
- Depreciation -€796
down €796 (-19.7%), from €4,046 to €3,251
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 | €192,724 | €75,673 | -€117,051 | -60.7% |
| Fixed assets | 21/28 | €5,611 | €1,489 | -€4,122 | -73.5% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €4,740 | €1,489 | -€3,251 | -68.6% |
| Furniture and vehicles | 24 | €4,740 | €1,489 | -€3,251 | -68.6% |
| Financial fixed assets | 28 | €872 | €0 | -€872 | -100.0% |
| Current assets | 29/58 | €187,113 | €74,184 | -€112,928 | -60.4% |
| Stocks and contracts in progress | 3 | €112,463 | €2,891 | -€109,572 | -97.4% |
| Stocks | 30/36 | €112,463 | €2,891 | -€109,572 | -97.4% |
| Amounts receivable within one year | 40/41 | €58,488 | €57,176 | -€1,312 | -2.2% |
| Trade receivables | 40 | €57,381 | €57,176 | -€205 | -0.4% |
| Other amounts receivable | 41 | €1,107 | €0 | -€1,107 | -100.0% |
| Cash at bank and in hand | 54/58 | €14,969 | €12,963 | -€2,006 | -13.4% |
| Deferred charges and accrued income | 490/1 | €1,192 | €1,153 | -€39 | -3.3% |
| Total equity and liabilities | 10/49 | €192,724 | €75,673 | -€117,051 | -60.7% |
| Equity | 10/15 | -€415,656 | -€447,751 | -€32,095 | -7.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,546 | €0 | -€7,546 | -100.0% |
| Tax-exempt reserves | 132 | €5,686 | €0 | -€5,686 | -100.0% |
| Distributable reserves | 133 | €1,860 | €0 | -€1,860 | -100.0% |
| Profit (loss) carried forward | 14 | -€441,802 | -€466,351 | -€24,549 | -5.6% |
| Amounts payable | 17/49 | €608,380 | €523,424 | -€84,956 | -14.0% |
| Amounts payable after more than one year | 17 | €560,106 | €482,043 | -€78,064 | -13.9% |
| Other amounts payable | 178/9 | €560,106 | €482,043 | -€78,064 | -13.9% |
| Amounts payable within one year | 42/48 | €48,273 | €41,381 | -€6,892 | -14.3% |
| Trade debts | 44 | €23,099 | €21,499 | -€1,600 | -6.9% |
| Suppliers | 440/4 | €23,099 | €21,499 | -€1,600 | -6.9% |
| Taxes, remuneration and social security | 45 | €174 | €1,132 | +€957 | +549.6% |
| Taxes | 450/3 | €174 | €1,132 | +€957 | +549.6% |
| Other amounts payable | 47/48 | €25,000 | €18,751 | -€6,249 | -25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,046 | €3,251 | -€796 | -19.7% |
| Other operating charges | 640/8 | €567 | €2,982 | +€2,415 | +426.4% |
| Gross operating margin | 9900 | -€41,833 | -€25,477 | +€16,355 | +39.1% |
| Operating profit (loss) | 9901 | -€46,445 | -€31,710 | +€14,735 | +31.7% |
| Financial income | 75/76B | €1 | €1 | -€0 | -44.4% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -44.4% |
| Financial charges | 65/66B | €3,801 | €210 | -€3,591 | -94.5% |
| Recurring financial charges | 65 | €3,801 | €210 | -€3,591 | -94.5% |
| Profit (loss) for the period before taxes | 9903 | -€50,245 | -€31,919 | +€18,326 | +36.5% |
| Income taxes | 67/77 | €174 | €176 | +€2 | +1.0% |
| Profit (loss) for the period | 9904 | -€50,419 | -€32,095 | +€18,324 | +36.3% |
| Transfer from tax-exempt reserves | 789 | - | €5,686 | +€5,686 | |
| Profit (loss) for the period to be appropriated | 9905 | -€50,419 | -€26,409 | +€24,010 | +47.6% |
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.