SCHMITZ CONSTRUCTIONS: 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 CONSTRUCTIONS
Largest movements
- Receivables within one year -€44,980
down €44,980 (-73.2%), from €61,411 to €16,431
of which Trade receivables: -€23,485
- Cash +€19,486
up €19,486 (+193%), from €10,108 to €29,594
mainly Receivables within one year (+€44,980) and Trade debts (+€36,610)
- Stocks and contracts -€11,648
down €11,648 (-47.4%), from €24,592 to €12,944
- Tangible fixed assets -€2,605
down €2,605 (-19.2%), from €13,540 to €10,935
of which Plant, machinery and equipment: -€3,601
- Trade debts +€36,610
up €36,610 (+243%), from €15,044 to €51,654
- Profit (loss) carried forward -€35,445
down €35,445 (-3,081%), from -€1,150 to -€36,595
- Other debts -€16,160
down €16,160 (-41.6%), from €38,822 to €22,662
- Tax, wage and social debts -€13,931
down €13,931 (-91.1%), from €15,290 to €1,359
- Debts after one year -€8,132
down €8,132 (-58.6%), from €13,879 to €5,747
- Turnover -€316,067
no longer reported in 2025 (was €316,067)
- Purchases and services -€293,950
no longer reported in 2025 (was €293,950)
- Staff costs +€28,422
up €28,422 (+104%), from €27,451 to €55,873
- Gross operating margin +€7,728
up €7,728 (+29.5%), from €26,196 to €33,924
- Financial charges +€5,572
up €5,572 (+359%), from €1,550 to €7,123
of which Financial charges: +€5,572
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 | €111,498 | €72,501 | -€38,997 | -35.0% |
| Formation expenses | 20 | €458 | €250 | -€208 | -45.4% |
| Fixed assets | 21/28 | €14,929 | €12,324 | -€2,605 | -17.5% |
| Tangible fixed assets | 22/27 | €13,540 | €10,935 | -€2,605 | -19.2% |
| Plant, machinery and equipment | 23 | €7,578 | €3,977 | -€3,601 | -47.5% |
| Furniture and vehicles | 24 | €5,962 | €6,958 | +€996 | +16.7% |
| Financial fixed assets | 28 | €1,389 | €1,389 | = | 0.0% |
| Current assets | 29/58 | €96,111 | €59,927 | -€36,184 | -37.6% |
| Stocks and contracts in progress | 3 | €24,592 | €12,944 | -€11,648 | -47.4% |
| Stocks | 30/36 | €24,592 | €12,944 | -€11,648 | -47.4% |
| Amounts receivable within one year | 40/41 | €61,411 | €16,431 | -€44,980 | -73.2% |
| Trade receivables | 40 | €29,126 | €5,641 | -€23,485 | -80.6% |
| Other amounts receivable | 41 | €32,284 | €10,790 | -€21,495 | -66.6% |
| Cash at bank and in hand | 54/58 | €10,108 | €29,594 | +€19,486 | +193% |
| Deferred charges and accrued income | 490/1 | - | €958 | +€958 | |
| Total equity and liabilities | 10/49 | €111,498 | €72,501 | -€38,997 | -35.0% |
| Equity | 10/15 | €18,339 | -€17,106 | -€35,445 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €890 | €890 | = | 0.0% |
| Non-distributable reserves | 130/1 | €890 | - | -€890 | |
| Reserves not available under the articles | 1311 | €890 | - | -€890 | |
| Distributable reserves | 133 | - | €890 | +€890 | |
| Profit (loss) carried forward | 14 | -€1,150 | -€36,595 | -€35,445 | -3,081% |
| Amounts payable | 17/49 | €93,159 | €89,607 | -€3,552 | -3.8% |
| Amounts payable after more than one year | 17 | €13,879 | €5,747 | -€8,132 | -58.6% |
| Financial debts | 170/4 | €13,879 | €5,747 | -€8,132 | -58.6% |
| Amounts payable within one year | 42/48 | €79,280 | €83,859 | +€4,580 | +5.8% |
| Current portion of amounts payable after more than one year | 42 | €10,124 | €8,132 | -€1,992 | -19.7% |
| Financial debts | 43 | - | €53 | +€53 | |
| Credit institutions | 430/8 | - | €53 | +€53 | |
| Trade debts | 44 | €15,044 | €51,654 | +€36,610 | +243% |
| Suppliers | 440/4 | €15,044 | €51,654 | +€36,610 | +243% |
| Taxes, remuneration and social security | 45 | €15,290 | €1,359 | -€13,931 | -91.1% |
| Remuneration and social security | 454/9 | €15,290 | €1,359 | -€13,931 | -91.1% |
| Other amounts payable | 47/48 | €38,822 | €22,662 | -€16,160 | -41.6% |
| Turnover | 70 | €316,067 | - | -€316,067 | |
| Non-recurring operating income | 76A | €4,079 | - | -€4,079 | |
| Goods, raw materials, services and sundry goods | 60/61 | €293,950 | - | -€293,950 | |
| Remuneration, social security and pensions | 62 | €27,451 | €55,873 | +€28,422 | +104% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,605 | €6,093 | -€1,512 | -19.9% |
| Other operating charges | 640/8 | €994 | €400 | -€594 | -59.7% |
| Gross operating margin | 9900 | €26,196 | €33,924 | +€7,728 | +29.5% |
| Operating profit (loss) | 9901 | -€9,853 | -€28,442 | -€18,589 | -189% |
| Financial income | 75/76B | €2,352 | €120 | -€2,232 | -94.9% |
| Recurring financial income | 75 | €2,352 | €120 | -€2,232 | -94.9% |
| Non-recurring financial income | 76B | €2,352 | - | -€2,352 | |
| Financial charges | 65/66B | €1,550 | €7,123 | +€5,572 | +359% |
| Recurring financial charges | 65 | €1,550 | €7,123 | +€5,572 | +359% |
| Non-recurring financial charges | 66B | €1,550 | - | -€1,550 | |
| Profit (loss) for the period before taxes | 9903 | -€9,051 | -€35,445 | -€26,394 | -292% |
| Profit (loss) for the period | 9904 | -€9,051 | -€35,445 | -€26,394 | -292% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,051 | -€35,445 | -€26,394 | -292% |
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.