SCHUBELLIMMO: 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.
SCHUBELLIMMO
Largest movements
- Cash +€52,476
up €52,476 (+92.7%), from €56,629 to €109,105
mainly Depreciation (+€27,909) and Other debts (+€13,219)
- Tangible fixed assets -€27,909
down €27,909 (-4.3%), from €651,100 to €623,191
of which Land and buildings: -€27,909
- Profit (loss) carried forward +€15,039
up €15,039 (+24.1%), from €62,346 to €77,385
- Other debts +€13,219
up €13,219 (+3.2%), from €409,433 to €422,652
- Accrued charges and deferred income -€13,171
down €13,171 (-93.1%), from €14,141 to €970
- Tax, wage and social debts +€10,179
up €10,179 (+165.7%), from €6,143 to €16,322
- Gross operating margin +€27,096
up €27,096 (+42.2%), from €64,272 to €91,369
- Other operating charges +€17,282
up €17,282 (+118.1%), from €14,632 to €31,914
- Financial charges +€11,452
up €11,452 (+360.2%), from €3,180 to €14,632
- Depreciation +€8,846
up €8,846 (+46.4%), from €19,062 to €27,909
- Taxes +€7,323
up €7,323 (+488.2%), from €1,500 to €8,823
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 | €722,829 | €748,255 | +€25,426 | +3.5% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €651,100 | €623,191 | -€27,909 | -4.3% |
| Tangible fixed assets | 22/27 | €651,100 | €623,191 | -€27,909 | -4.3% |
| Land and buildings | 22 | €651,100 | €623,191 | -€27,909 | -4.3% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Current assets | 29/58 | €71,729 | €125,064 | +€53,335 | +74.4% |
| Amounts receivable within one year | 40/41 | €15,100 | €14,000 | -€1,100 | -7.3% |
| Trade receivables | 40 | €15,100 | €14,000 | -€1,100 | -7.3% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €56,629 | €109,105 | +€52,476 | +92.7% |
| Deferred charges and accrued income | 490/1 | - | €1,958 | +€1,958 | |
| Total equity and liabilities | 10/49 | €722,829 | €748,255 | +€25,426 | +3.5% |
| Equity | 10/15 | €205,709 | €218,260 | +€12,551 | +6.1% |
| Contributions | 10/11 | €38,948 | €38,948 | = | 0.0% |
| Reserves | 13 | €104,415 | €101,927 | -€2,488 | -2.4% |
| Non-distributable reserves | 130/1 | €7,263 | €7,263 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,263 | €7,263 | = | 0.0% |
| Tax-exempt reserves | 132 | €48,426 | €45,938 | -€2,488 | -5.1% |
| Distributable reserves | 133 | €48,726 | €48,726 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,346 | €77,385 | +€15,039 | +24.1% |
| Provisions and deferred taxes | 16 | €86,798 | €82,338 | -€4,460 | -5.1% |
| Deferred taxes | 168 | €86,798 | €82,338 | -€4,460 | -5.1% |
| Amounts payable | 17/49 | €430,322 | €447,657 | +€17,335 | +4.0% |
| Amounts payable within one year | 42/48 | €416,181 | €446,687 | +€30,506 | +7.3% |
| Trade debts | 44 | €605 | €7,713 | +€7,108 | +1174.8% |
| Suppliers | 440/4 | €605 | €7,713 | +€7,108 | +1174.8% |
| Taxes, remuneration and social security | 45 | €6,143 | €16,322 | +€10,179 | +165.7% |
| Taxes | 450/3 | €6,143 | €16,322 | +€10,179 | +165.7% |
| Other amounts payable | 47/48 | €409,433 | €422,652 | +€13,219 | +3.2% |
| Accrued charges and deferred income | 492/3 | €14,141 | €970 | -€13,171 | -93.1% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,062 | €27,909 | +€8,846 | +46.4% |
| Other operating charges | 640/8 | €14,632 | €31,914 | +€17,282 | +118.1% |
| Gross operating margin | 9900 | €64,272 | €91,369 | +€27,096 | +42.2% |
| Operating profit (loss) | 9901 | €30,578 | €31,546 | +€968 | +3.2% |
| Financial income | 75/76B | - | €0 | = | |
| Recurring financial income | 75 | - | €0 | = | |
| Financial charges | 65/66B | €3,180 | €14,632 | +€11,452 | +360.2% |
| Recurring financial charges | 65 | €3,180 | €14,632 | +€11,452 | +360.2% |
| Profit (loss) for the period before taxes | 9903 | €27,398 | €16,914 | -€10,484 | -38.3% |
| Transfer from deferred taxes | 780 | €2,400 | €4,460 | +€2,060 | +85.8% |
| Income taxes | 67/77 | €1,500 | €8,823 | +€7,323 | +488.2% |
| Profit (loss) for the period | 9904 | €28,298 | €12,551 | -€15,747 | -55.6% |
| Transfer from tax-exempt reserves | 789 | €1,339 | €2,488 | +€1,149 | +85.8% |
| Profit (loss) for the period to be appropriated | 9905 | €29,637 | €15,039 | -€14,597 | -49.3% |
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 30 September 2026 via checked.be.