SCHULZE: 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.
SCHULZE
Largest movements
- Receivables within one year +€1.3m
new in 2024: €1.3m
- Reserves +€3.7m
up €3.7m (+59554.1%), from €6,200 to €3.7m
of which Distributable reserves: +€3.7m
- Other debts -€2.9m
no longer reported in 2024 (was €2.9m)
- Tax, wage and social debts +€347,622
up €347,622 (+2808.4%), from €12,378 to €360,000
- Profit (loss) carried forward +€227,990
no longer reported in 2024 (was -€227,990)
- Financial income +€4.2m
up €4.2m (+8782.2%), from €48,213 to €4.3m
- Taxes +€347,434
up €347,434 (+2806.8%), from €12,378 to €359,812
- Gross operating margin -€2,108
down €2,108, from €903 to -€1,205
- Financial charges -€800
down €800 (-95.0%), from €842 to €42
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,795,143 | €4,120,052 | +€1.3m | +47.4% |
| Fixed assets | 21/28 | €2,793,232 | €2,793,232 | = | 0.0% |
| Financial fixed assets | 28 | €2,793,232 | €2,793,232 | = | 0.0% |
| Current assets | 29/58 | €1,911 | €1,326,821 | +€1.3m | +69327.8% |
| Amounts receivable within one year | 40/41 | - | €1,326,814 | +€1.3m | |
| Other amounts receivable | 41 | - | €1,326,814 | +€1.3m | |
| Cash at bank and in hand | 54/58 | €1,911 | €7 | -€1,904 | -99.6% |
| Total equity and liabilities | 10/49 | €2,795,143 | €4,120,052 | +€1.3m | +47.4% |
| Equity | 10/15 | -€160,290 | €3,760,052 | +€3.9m | |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,200 | €3,698,552 | +€3.7m | +59554.1% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | - | €3,692,352 | +€3.7m | |
| Profit (loss) carried forward | 14 | -€227,990 | - | +€227,990 | |
| Amounts payable | 17/49 | €2,955,432 | €360,000 | -€2.6m | -87.8% |
| Amounts payable within one year | 42/48 | €2,955,432 | €360,000 | -€2.6m | -87.8% |
| Taxes, remuneration and social security | 45 | €12,378 | €360,000 | +€347,622 | +2808.4% |
| Taxes | 450/3 | €12,378 | €360,000 | +€347,622 | +2808.4% |
| Other amounts payable | 47/48 | €2,943,054 | - | -€2.9m | |
| Other operating charges | 640/8 | €960 | €968 | +€7 | +0.8% |
| Gross operating margin | 9900 | €903 | -€1,205 | -€2,108 | |
| Operating profit (loss) | 9901 | -€57 | -€2,172 | -€2,115 | -3716.7% |
| Financial income | 75/76B | €48,213 | €4,282,368 | +€4.2m | +8782.2% |
| Recurring financial income | 75 | €48,213 | €4,282,368 | +€4.2m | +8782.2% |
| Financial charges | 65/66B | €842 | €42 | -€800 | -95.0% |
| Recurring financial charges | 65 | €842 | €42 | -€800 | -95.0% |
| Profit (loss) for the period before taxes | 9903 | €47,314 | €4,280,154 | +€4.2m | +8946.2% |
| Income taxes | 67/77 | €12,378 | €359,812 | +€347,434 | +2806.8% |
| Profit (loss) for the period | 9904 | €34,936 | €3,920,342 | +€3.9m | +11121.5% |
| Profit (loss) for the period to be appropriated | 9905 | €34,936 | €3,920,342 | +€3.9m | +11121.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.