SCHULER ENERGY SYSTEMS: what changed
SCHULER ENERGY SYSTEMS
Largest movements
- Cash -€362,650
down €362,650 (-97.3%), from €372,669 to €10,019
mainly Contributions, distributions and other (-€540,897) and Current investments (-€299,875)
- Current investments +€299,875
up €299,875 (+59.4%), from €504,794 to €804,669
- Receivables within one year -€36,002
down €36,002 (-49.9%), from €72,114 to €36,112
of which Trade receivables: -€41,755
- Tangible fixed assets -€21,006
down €21,006 (-3.9%), from €543,513 to €522,507
of which Land and buildings: -€27,974
- Reserves -€478,441
down €478,441 (-44.8%), from €1.1m to €590,182
- Debts after one year +€332,508
up €332,508 (+85.1%), from €390,552 to €723,060
of which Other amounts payable: +€364,859
- Tax, wage and social debts +€20,743
up €20,743 (+423%), from €4,906 to €25,649
- Gross operating margin +€16,674
up €16,674 (+17.9%), from €93,177 to €109,852
- Financial income +€7,766
up €7,766 (+47.0%), from €16,525 to €24,291
- Taxes +€5,914
up €5,914 (+29.9%), from €19,765 to €25,679
- Depreciation +€2,076
up €2,076 (+6.0%), from €34,375 to €36,451
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,513,499 | €1,389,406 | -€124,093 | -8.2% |
| Fixed assets | 21/28 | €543,513 | €522,507 | -€21,006 | -3.9% |
| Tangible fixed assets | 22/27 | €543,513 | €522,507 | -€21,006 | -3.9% |
| Land and buildings | 22 | €541,856 | €513,882 | -€27,974 | -5.2% |
| Furniture and vehicles | 24 | €0 | €3,301 | +€3,301 | |
| Other tangible fixed assets | 26 | €1,657 | €5,325 | +€3,668 | +221% |
| Current assets | 29/58 | €969,985 | €866,899 | -€103,087 | -10.6% |
| Amounts receivable after more than one year | 29 | €8,687 | €0 | -€8,687 | -100% |
| Other amounts receivable | 291 | €8,687 | €0 | -€8,687 | -100% |
| Amounts receivable within one year | 40/41 | €72,114 | €36,112 | -€36,002 | -49.9% |
| Trade receivables | 40 | €71,795 | €30,040 | -€41,755 | -58.2% |
| Other amounts receivable | 41 | €319 | €6,072 | +€5,753 | +1,804% |
| Current investments | 50/53 | €504,794 | €804,669 | +€299,875 | +59.4% |
| Cash at bank and in hand | 54/58 | €372,669 | €10,019 | -€362,650 | -97.3% |
| Deferred charges and accrued income | 490/1 | €11,722 | €16,099 | +€4,377 | +37.3% |
| Total equity and liabilities | 10/49 | €1,513,499 | €1,389,406 | -€124,093 | -8.2% |
| Equity | 10/15 | €1,081,022 | €602,582 | -€478,441 | -44.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,068,622 | €590,182 | -€478,441 | -44.8% |
| Distributable reserves | 133 | €1,068,622 | €590,182 | -€478,441 | -44.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €432,477 | €786,824 | +€354,348 | +81.9% |
| Amounts payable after more than one year | 17 | €390,552 | €723,060 | +€332,508 | +85.1% |
| Financial debts | 170/4 | €376,192 | €343,841 | -€32,351 | -8.6% |
| Other amounts payable | 178/9 | €14,360 | €379,219 | +€364,859 | +2,541% |
| Amounts payable within one year | 42/48 | €38,558 | €60,822 | +€22,265 | +57.7% |
| Current portion of amounts payable after more than one year | 42 | €32,047 | €32,351 | +€304 | +0.9% |
| Trade debts | 44 | €1,605 | €2,822 | +€1,217 | +75.8% |
| Suppliers | 440/4 | €1,605 | €2,822 | +€1,217 | +75.8% |
| Taxes, remuneration and social security | 45 | €4,906 | €25,649 | +€20,743 | +423% |
| Taxes | 450/3 | €4,906 | €25,649 | +€20,743 | +423% |
| Accrued charges and deferred income | 492/3 | €3,367 | €2,943 | -€425 | -12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,375 | €36,451 | +€2,076 | +6.0% |
| Other operating charges | 640/8 | €4,700 | €4,793 | +€93 | +2.0% |
| Gross operating margin | 9900 | €93,177 | €109,852 | +€16,674 | +17.9% |
| Operating profit (loss) | 9901 | €54,102 | €68,608 | +€14,506 | +26.8% |
| Financial income | 75/76B | €16,525 | €24,291 | +€7,766 | +47.0% |
| Recurring financial income | 75 | €16,525 | €24,291 | +€7,766 | +47.0% |
| Financial charges | 65/66B | €4,520 | €4,763 | +€243 | +5.4% |
| Recurring financial charges | 65 | €4,520 | €4,763 | +€243 | +5.4% |
| Profit (loss) for the period before taxes | 9903 | €66,107 | €88,136 | +€22,029 | +33.3% |
| Income taxes | 67/77 | €19,765 | €25,679 | +€5,914 | +29.9% |
| Profit (loss) for the period | 9904 | €46,342 | €62,457 | +€16,115 | +34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €46,342 | €62,457 | +€16,115 | +34.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.