SCHUMAN GROUP: what changed
Two financial 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 GROUP
Largest movements
- Tangible fixed assets -€4,471
down €4,471 (-33.4%), from €13,369 to €8,897
of which Furniture and vehicles: -€9,620
- Trade debts -€42,165
down €42,165 (-54.4%), from €77,450 to €35,285
- Profit (loss) carried forward +€19,521
up €19,521 (+14.0%), from €139,060 to €158,581
- Short-term financial debts +€18,272
new in 2025: €18,272
- Gross operating margin +€7,190
up €7,190 (+32.1%), from €22,399 to €29,590
- Depreciation -€3,419
down €3,419 (-36.3%), from €9,406 to €5,988
- Financial income -€2,672
down €2,672 (-19.0%), from €14,063 to €11,390
- Taxes +€2,000
up €2,000 (+23.6%), from €8,491 to €10,492
- Other operating charges +€1,391
up €1,391 (+128.2%), from €1,086 to €2,477
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 | €271,770 | €266,517 | -€5,253 | -1.9% |
| Fixed assets | 21/28 | €13,369 | €8,897 | -€4,471 | -33.4% |
| Tangible fixed assets | 22/27 | €13,369 | €8,897 | -€4,471 | -33.4% |
| Plant, machinery and equipment | 23 | €91 | €5,240 | +€5,149 | +5631.7% |
| Furniture and vehicles | 24 | €13,277 | €3,657 | -€9,620 | -72.5% |
| Current assets | 29/58 | €258,402 | €257,620 | -€781 | -0.3% |
| Amounts receivable within one year | 40/41 | €248,202 | €246,292 | -€1,910 | -0.8% |
| Trade receivables | 40 | €30,168 | €38,983 | +€8,814 | +29.2% |
| Other amounts receivable | 41 | €218,033 | €207,309 | -€10,724 | -4.9% |
| Cash at bank and in hand | 54/58 | €10,200 | €10,123 | -€77 | -0.8% |
| Deferred charges and accrued income | 490/1 | - | €1,206 | +€1,206 | |
| Total equity and liabilities | 10/49 | €271,770 | €266,517 | -€5,253 | -1.9% |
| Equity | 10/15 | €172,020 | €191,541 | +€19,521 | +11.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €14,360 | €14,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €12,500 | €12,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €139,060 | €158,581 | +€19,521 | +14.0% |
| Amounts payable | 17/49 | €99,750 | €74,977 | -€24,773 | -24.8% |
| Amounts payable after more than one year | 17 | €42 | €42 | = | 0.0% |
| Other amounts payable | 178/9 | €42 | €42 | = | 0.0% |
| Amounts payable within one year | 42/48 | €99,708 | €74,935 | -€24,773 | -24.8% |
| Financial debts | 43 | - | €18,272 | +€18,272 | |
| Credit institutions | 430/8 | - | €18,272 | +€18,272 | |
| Trade debts | 44 | €77,450 | €35,285 | -€42,165 | -54.4% |
| Suppliers | 440/4 | €77,450 | €35,285 | -€42,165 | -54.4% |
| Taxes, remuneration and social security | 45 | €20,592 | €18,504 | -€2,088 | -10.1% |
| Taxes | 450/3 | €20,592 | €18,504 | -€2,088 | -10.1% |
| Other amounts payable | 47/48 | €1,666 | €2,874 | +€1,208 | +72.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,406 | €5,988 | -€3,419 | -36.3% |
| Other operating charges | 640/8 | €1,086 | €2,477 | +€1,391 | +128.2% |
| Gross operating margin | 9900 | €22,399 | €29,590 | +€7,190 | +32.1% |
| Operating profit (loss) | 9901 | €11,907 | €21,125 | +€9,218 | +77.4% |
| Financial income | 75/76B | €14,063 | €11,390 | -€2,672 | -19.0% |
| Recurring financial income | 75 | €14,063 | €11,390 | -€2,672 | -19.0% |
| Financial charges | 65/66B | €1,447 | €796 | -€651 | -45.0% |
| Recurring financial charges | 65 | €1,447 | €796 | -€651 | -45.0% |
| Profit (loss) for the period before taxes | 9903 | €24,523 | €31,720 | +€7,196 | +29.3% |
| Income taxes | 67/77 | €8,491 | €10,492 | +€2,000 | +23.6% |
| Profit (loss) for the period | 9904 | €16,032 | €21,228 | +€5,196 | +32.4% |
| Profit (loss) for the period to be appropriated | 9905 | €16,032 | €21,228 | +€5,196 | +32.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.