SCHROEDER MANAGEMENT: 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.
SCHROEDER MANAGEMENT
Largest movements
- Cash +€80,474
up €80,474 (+1540.7%), from €5,223 to €85,697
mainly Net result for the year (+€268,990) and Tax, wage and social debts (+€20,176)
- Profit (loss) carried forward +€268,990
up €268,990 (+357.3%), from €75,284 to €344,274
- Debts after one year -€114,354
down €114,354 (-12.6%), from €909,803 to €795,449
- Other debts -€107,380
down €107,380 (-91.4%), from €117,440 to €10,060
- Tax, wage and social debts +€20,176
up €20,176 (+107.2%), from €18,821 to €38,997
- Financial income +€132,000
new in 2025: €132,000
- Gross operating margin +€95,194
up €95,194 (+80.2%), from €118,672 to €213,866
- Taxes +€23,522
up €23,522 (+152.0%), from €15,475 to €38,997
- Financial charges -€4,030
down €4,030 (-10.0%), from €40,295 to €36,266
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 | €1,235,640 | €1,307,134 | +€71,494 | +5.8% |
| Formation expenses | 20 | €2,052 | €1,436 | -€615 | -30.0% |
| Fixed assets | 21/28 | €1,220,000 | €1,220,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,220,000 | €1,220,000 | = | 0.0% |
| Current assets | 29/58 | €13,588 | €85,697 | +€72,109 | +530.7% |
| Amounts receivable within one year | 40/41 | €8,365 | - | -€8,365 | |
| Trade receivables | 40 | €8,365 | - | -€8,365 | |
| Cash at bank and in hand | 54/58 | €5,223 | €85,697 | +€80,474 | +1540.7% |
| Total equity and liabilities | 10/49 | €1,235,640 | €1,307,134 | +€71,494 | +5.8% |
| Equity | 10/15 | €79,284 | €348,274 | +€268,990 | +339.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,284 | €344,274 | +€268,990 | +357.3% |
| Amounts payable | 17/49 | €1,156,356 | €958,860 | -€197,496 | -17.1% |
| Amounts payable after more than one year | 17 | €909,803 | €795,449 | -€114,354 | -12.6% |
| Financial debts | 170/4 | €909,803 | €795,449 | -€114,354 | -12.6% |
| Amounts payable within one year | 42/48 | €246,552 | €163,411 | -€83,141 | -33.7% |
| Current portion of amounts payable after more than one year | 42 | €110,172 | €114,354 | +€4,183 | +3.8% |
| Trade debts | 44 | €120 | - | -€120 | |
| Suppliers | 440/4 | €120 | - | -€120 | |
| Taxes, remuneration and social security | 45 | €18,821 | €38,997 | +€20,176 | +107.2% |
| Taxes | 450/3 | €18,821 | €38,997 | +€20,176 | +107.2% |
| Other amounts payable | 47/48 | €117,440 | €10,060 | -€107,380 | -91.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €615 | €615 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €998 | +€611 | +157.8% |
| Gross operating margin | 9900 | €118,672 | €213,866 | +€95,194 | +80.2% |
| Operating profit (loss) | 9901 | €117,670 | €212,252 | +€94,582 | +80.4% |
| Financial income | 75/76B | - | €132,000 | +€132,000 | |
| Recurring financial income | 75 | - | €132,000 | +€132,000 | |
| Financial charges | 65/66B | €40,295 | €36,266 | -€4,030 | -10.0% |
| Recurring financial charges | 65 | €40,295 | €36,266 | -€4,030 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | €77,374 | €307,987 | +€230,612 | +298.0% |
| Income taxes | 67/77 | €15,475 | €38,997 | +€23,522 | +152.0% |
| Profit (loss) for the period | 9904 | €61,900 | €268,990 | +€207,090 | +334.6% |
| Profit (loss) for the period to be appropriated | 9905 | €61,900 | €268,990 | +€207,090 | +334.6% |
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.