SCHUMAN: 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.
SCHUMAN
Largest movements
- Cash +€57,226
up €57,226 (+7.2%), from €794,742 to €851,967
mainly Net result for the year (+€438,870) and Depreciation (+€81,526)
- Tangible fixed assets -€56,403
down €56,403 (-17.5%), from €322,223 to €265,820
of which Land and buildings: -€54,710
- Receivables within one year +€24,900
up €24,900 (+4.3%), from €573,606 to €598,506
of which Other amounts receivable: +€13,137
- Advances received +€34,788
up €34,788 (+117211.8%), from €30 to €34,818
- Other debts +€24,810
up €24,810 (+6.0%), from €414,059 to €438,870
- Trade debts -€17,766
down €17,766 (-5.1%), from €351,294 to €333,529
- Turnover -€3.1m
no longer reported in 2025 (was €3.1m)
- Purchases and services -€1.5m
no longer reported in 2025 (was €1.5m)
- Staff costs +€120,184
up €120,184 (+15.0%), from €803,127 to €923,311
- Gross operating margin +€119,713
up €119,713 (+7.7%), from €1.5m to €1.7m
- Depreciation -€37,726
down €37,726 (-31.6%), from €119,252 to €81,526
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 | €1,707,148 | €1,736,584 | +€29,436 | +1.7% |
| Fixed assets | 21/28 | €324,483 | €268,080 | -€56,403 | -17.4% |
| Tangible fixed assets | 22/27 | €322,223 | €265,820 | -€56,403 | -17.5% |
| Land and buildings | 22 | €222,674 | €167,964 | -€54,710 | -24.6% |
| Plant, machinery and equipment | 23 | €99,549 | €97,856 | -€1,693 | -1.7% |
| Financial fixed assets | 28 | €2,260 | €2,260 | = | 0.0% |
| Current assets | 29/58 | €1,382,665 | €1,468,504 | +€85,839 | +6.2% |
| Stocks and contracts in progress | 3 | €8,617 | €16,561 | +€7,945 | +92.2% |
| Stocks | 30/36 | €8,617 | €16,561 | +€7,945 | +92.2% |
| Amounts receivable within one year | 40/41 | €573,606 | €598,506 | +€24,900 | +4.3% |
| Trade receivables | 40 | €16,791 | €28,554 | +€11,763 | +70.1% |
| Other amounts receivable | 41 | €556,815 | €569,951 | +€13,137 | +2.4% |
| Cash at bank and in hand | 54/58 | €794,742 | €851,967 | +€57,226 | +7.2% |
| Deferred charges and accrued income | 490/1 | €5,701 | €1,469 | -€4,232 | -74.2% |
| Total equity and liabilities | 10/49 | €1,707,148 | €1,736,584 | +€29,436 | +1.7% |
| Equity | 10/15 | €695,164 | €695,164 | = | 0.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €633,164 | €633,164 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,910 | €6,910 | = | 0.0% |
| Legal reserve | 130 | €6,910 | €6,910 | = | 0.0% |
| Distributable reserves | 133 | €626,254 | €626,254 | = | 0.0% |
| Amounts payable | 17/49 | €1,011,984 | €1,041,420 | +€29,436 | +2.9% |
| Amounts payable within one year | 42/48 | €948,283 | €983,068 | +€34,785 | +3.7% |
| Trade debts | 44 | €351,294 | €333,529 | -€17,766 | -5.1% |
| Suppliers | 440/4 | €351,294 | €333,529 | -€17,766 | -5.1% |
| Advances received on contracts in progress | 46 | €30 | €34,818 | +€34,788 | +117211.8% |
| Taxes, remuneration and social security | 45 | €182,899 | €175,851 | -€7,048 | -3.9% |
| Taxes | 450/3 | €51,231 | €38,910 | -€12,321 | -24.1% |
| Remuneration and social security | 454/9 | €131,668 | €136,941 | +€5,273 | +4.0% |
| Other amounts payable | 47/48 | €414,059 | €438,870 | +€24,810 | +6.0% |
| Accrued charges and deferred income | 492/3 | €63,702 | €58,353 | -€5,349 | -8.4% |
| Turnover | 70 | €3,074,959 | - | -€3.1m | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,525,585 | - | -€1.5m | |
| Remuneration, social security and pensions | 62 | €803,127 | €923,311 | +€120,184 | +15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €119,252 | €81,526 | -€37,726 | -31.6% |
| Other operating charges | 640/8 | €134,572 | €137,314 | +€2,741 | +2.0% |
| Non-recurring operating charges | 66A | €3,100 | - | -€3,100 | |
| Gross operating margin | 9900 | €1,549,374 | €1,669,088 | +€119,713 | +7.7% |
| Operating profit (loss) | 9901 | €489,323 | €526,937 | +€37,614 | +7.7% |
| Financial income | 75/76B | €4,135 | €1 | -€4,134 | -100.0% |
| Recurring financial income | 75 | €3 | €1 | -€2 | -70.5% |
| Non-recurring financial income | 76B | €4,132 | - | -€4,132 | |
| Financial charges | 65/66B | €4,301 | €8,117 | +€3,816 | +88.7% |
| Recurring financial charges | 65 | €4,301 | €4,920 | +€619 | +14.4% |
| Non-recurring financial charges | 66B | - | €3,197 | +€3,197 | |
| Profit (loss) for the period before taxes | 9903 | €489,157 | €518,821 | +€29,664 | +6.1% |
| Income taxes | 67/77 | €75,098 | €79,951 | +€4,854 | +6.5% |
| Profit (loss) for the period | 9904 | €414,059 | €438,870 | +€24,810 | +6.0% |
| Profit (loss) for the period to be appropriated | 9905 | €414,059 | €438,870 | +€24,810 | +6.0% |
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 8 October 2026 via checked.be.