SCHNEIDER: what changed
Two fiscal 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.
SCHNEIDER
Largest movements
- Stocks and contracts -€131,045
down €131,045 (-14.5%), from €906,341 to €775,296
- Other debts -€633,634
down €633,634 (-93.9%), from €674,596 to €40,962
- Short-term financial debts +€380,000
new in 2025: €380,000
- Reserves +€51,499
up €51,499 (+7.8%), from €656,754 to €708,253
of which Distributable reserves: +€51,499
- Tax, wage and social debts +€47,518
up €47,518 (+85.9%), from €55,290 to €102,808
of which Taxes: +€48,874
- Trade debts -€24,332
down €24,332 (-80.1%), from €30,390 to €6,058
- Other operating charges -€20,883
down €20,883 (-82.3%), from €25,377 to €4,494
- Depreciation -€5,210
down €5,210 (-16.6%), from €31,392 to €26,182
- Gross operating margin +€2,661
up €2,661 (+2.2%), from €120,417 to €123,078
- Taxes -€1,740
down €1,740 (-4.2%), from €41,066 to €39,326
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 | €2,152,823 | €1,974,727 | -€178,096 | -8.3% |
| Fixed assets | 21/28 | €1,096,168 | €1,082,482 | -€13,687 | -1.2% |
| Tangible fixed assets | 22/27 | €1,095,051 | €1,081,364 | -€13,687 | -1.2% |
| Land and buildings | 22 | €957,928 | €956,774 | -€1,153 | -0.1% |
| Plant, machinery and equipment | 23 | €137,123 | €124,590 | -€12,533 | -9.1% |
| Financial fixed assets | 28 | €1,117 | €1,117 | = | 0.0% |
| Current assets | 29/58 | €1,056,654 | €892,245 | -€164,409 | -15.6% |
| Stocks and contracts in progress | 3 | €906,341 | €775,296 | -€131,045 | -14.5% |
| Stocks | 30/36 | €906,341 | €775,296 | -€131,045 | -14.5% |
| Amounts receivable within one year | 40/41 | €127,351 | €112,779 | -€14,572 | -11.4% |
| Trade receivables | 40 | €15,051 | €20,540 | +€5,489 | +36.5% |
| Other amounts receivable | 41 | €112,300 | €92,239 | -€20,061 | -17.9% |
| Cash at bank and in hand | 54/58 | €22,356 | €3,508 | -€18,848 | -84.3% |
| Deferred charges and accrued income | 490/1 | €607 | €662 | +€55 | +9.1% |
| Total equity and liabilities | 10/49 | €2,152,823 | €1,974,727 | -€178,096 | -8.3% |
| Equity | 10/15 | €1,392,547 | €1,444,046 | +€51,499 | +3.7% |
| Contributions | 10/11 | €55,000 | €55,000 | = | 0.0% |
| Reserves | 13 | €656,754 | €708,253 | +€51,499 | +7.8% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €600,504 | €652,003 | +€51,499 | +8.6% |
| Profit (loss) carried forward | 14 | €680,793 | €680,793 | = | 0.0% |
| Amounts payable | 17/49 | €760,276 | €530,681 | -€229,595 | -30.2% |
| Amounts payable within one year | 42/48 | €760,276 | €529,828 | -€230,448 | -30.3% |
| Financial debts | 43 | - | €380,000 | +€380,000 | |
| Credit institutions | 430/8 | - | €380,000 | +€380,000 | |
| Trade debts | 44 | €30,390 | €6,058 | -€24,332 | -80.1% |
| Suppliers | 440/4 | €30,390 | €6,058 | -€24,332 | -80.1% |
| Taxes, remuneration and social security | 45 | €55,290 | €102,808 | +€47,518 | +85.9% |
| Taxes | 450/3 | €53,934 | €102,808 | +€48,874 | +90.6% |
| Remuneration and social security | 454/9 | €1,357 | - | -€1,357 | |
| Other amounts payable | 47/48 | €674,596 | €40,962 | -€633,634 | -93.9% |
| Accrued charges and deferred income | 492/3 | - | €853 | +€853 | |
| Non-recurring operating income | 76A | - | €82,190 | +€82,190 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,392 | €26,182 | -€5,210 | -16.6% |
| Other operating charges | 640/8 | €25,377 | €4,494 | -€20,883 | -82.3% |
| Gross operating margin | 9900 | €120,417 | €123,078 | +€2,661 | +2.2% |
| Operating profit (loss) | 9901 | €63,647 | €92,402 | +€28,754 | +45.2% |
| Financial charges | 65/66B | €1,142 | €1,576 | +€434 | +38.0% |
| Recurring financial charges | 65 | €1,142 | €1,576 | +€434 | +38.0% |
| Profit (loss) for the period before taxes | 9903 | €62,505 | €90,825 | +€28,320 | +45.3% |
| Income taxes | 67/77 | €41,066 | €39,326 | -€1,740 | -4.2% |
| Profit (loss) for the period | 9904 | €21,440 | €51,499 | +€30,060 | +140.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,440 | €51,499 | +€30,060 | +140.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.