SCHODEL: 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.
SCHODEL
Largest movements
- Tangible fixed assets -€11,499
down €11,499 (-4.9%), from €235,392 to €223,893
- Cash +€3,338
up €3,338 (+90.4%), from €3,691 to €7,029
mainly Other debts (+€23,089) and Depreciation (+€11,499)
- Debts after one year -€23,301
no longer reported in 2025 (was €23,301)
- Other debts +€23,089
up €23,089 (+18.4%), from €125,778 to €148,867
- Current portion of long-term debt -€6,631
down €6,631 (-16.6%), from €40,064 to €33,433
- Profit (loss) carried forward -€2,576
down €2,576 (-13.0%), from -€19,880 to -€22,456
- Gross operating margin -€6,956
down €6,956 (-30.8%), from €22,570 to €15,614
- Depreciation -€2,581
down €2,581 (-18.3%), from €14,080 to €11,499
- Financial charges -€1,294
down €1,294 (-32.6%), from €3,972 to €2,679
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 | €251,698 | €245,126 | -€6,571 | -2.6% |
| Fixed assets | 21/28 | €235,392 | €223,893 | -€11,499 | -4.9% |
| Tangible fixed assets | 22/27 | €235,392 | €223,893 | -€11,499 | -4.9% |
| Land and buildings | 22 | €235,392 | €223,893 | -€11,499 | -4.9% |
| Current assets | 29/58 | €16,306 | €21,234 | +€4,927 | +30.2% |
| Amounts receivable within one year | 40/41 | €12,395 | €12,395 | = | 0.0% |
| Other amounts receivable | 41 | €12,395 | €12,395 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,691 | €7,029 | +€3,338 | +90.4% |
| Deferred charges and accrued income | 490/1 | €221 | €1,810 | +€1,589 | +720.0% |
| Total equity and liabilities | 10/49 | €251,698 | €245,126 | -€6,571 | -2.6% |
| Equity | 10/15 | €62,489 | €59,913 | -€2,576 | -4.1% |
| Contributions | 10/11 | €80,565 | €80,565 | = | 0.0% |
| Capital | 10 | €80,565 | €80,565 | = | 0.0% |
| Issued capital | 100 | €80,565 | €80,565 | = | 0.0% |
| Reserves | 13 | €1,803 | €1,803 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,803 | €1,803 | = | 0.0% |
| Legal reserve | 130 | €1,803 | €1,803 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,880 | -€22,456 | -€2,576 | -13.0% |
| Amounts payable | 17/49 | €189,209 | €185,214 | -€3,996 | -2.1% |
| Amounts payable after more than one year | 17 | €23,301 | - | -€23,301 | |
| Financial debts | 170/4 | €23,301 | - | -€23,301 | |
| Amounts payable within one year | 42/48 | €165,908 | €183,999 | +€18,091 | +10.9% |
| Current portion of amounts payable after more than one year | 42 | €40,064 | €33,433 | -€6,631 | -16.6% |
| Trade debts | 44 | €66 | €1,698 | +€1,633 | +2485.2% |
| Suppliers | 440/4 | €66 | €1,698 | +€1,633 | +2485.2% |
| Other amounts payable | 47/48 | €125,778 | €148,867 | +€23,089 | +18.4% |
| Accrued charges and deferred income | 492/3 | - | €1,215 | +€1,215 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,080 | €11,499 | -€2,581 | -18.3% |
| Other operating charges | 640/8 | €4,164 | €4,017 | -€147 | -3.5% |
| Gross operating margin | 9900 | €22,570 | €15,614 | -€6,956 | -30.8% |
| Operating profit (loss) | 9901 | €4,326 | €99 | -€4,228 | -97.7% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €3,972 | €2,679 | -€1,294 | -32.6% |
| Recurring financial charges | 65 | €3,972 | €2,679 | -€1,294 | -32.6% |
| Profit (loss) for the period before taxes | 9903 | €354 | -€2,576 | -€2,930 | |
| Profit (loss) for the period | 9904 | €354 | -€2,576 | -€2,930 | |
| Profit (loss) for the period to be appropriated | 9905 | €354 | -€2,576 | -€2,930 |
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 29 September 2026 via checked.be.