SCHWARZCUBE: 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.
SCHWARZCUBE
Largest movements
- Receivables within one year +€14,728
up €14,728 (+136.2%), from €10,812 to €25,541
of which Trade receivables: +€11,508
- Tangible fixed assets +€7,904
up €7,904 (+768.4%), from €1,029 to €8,932
of which Furniture and vehicles: +€8,932
- Cash +€4,424
up €4,424 (+51.5%), from €8,589 to €13,013
mainly Net result for the year (+€23,325) and Tax, wage and social debts (+€8,444)
- Reserves +€23,325
up €23,325 (+1568.4%), from €1,487 to €24,812
- Tax, wage and social debts +€8,444
up €8,444 (+75.3%), from €11,210 to €19,654
of which Taxes: +€9,003
- Other debts -€2,767
no longer reported in 2024 (was €2,767)
- Trade debts -€1,947
down €1,947 (-56.2%), from €3,466 to €1,519
- Gross operating margin +€34,535
up €34,535 (+994.6%), from €3,472 to €38,008
- Taxes +€7,844
up €7,844 (+2629.9%), from €298 to €8,143
- Depreciation +€1,800
up €1,800 (+142.2%), from €1,266 to €3,067
- Other operating charges +€1,100
up €1,100 (+59.6%), from €1,844 to €2,943
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 | €20,430 | €47,486 | +€27,056 | +132.4% |
| Fixed assets | 21/28 | €1,029 | €8,932 | +€7,904 | +768.4% |
| Tangible fixed assets | 22/27 | €1,029 | €8,932 | +€7,904 | +768.4% |
| Plant, machinery and equipment | 23 | €1,029 | - | -€1,029 | |
| Furniture and vehicles | 24 | - | €8,932 | +€8,932 | |
| Current assets | 29/58 | €19,401 | €38,554 | +€19,152 | +98.7% |
| Amounts receivable within one year | 40/41 | €10,812 | €25,541 | +€14,728 | +136.2% |
| Trade receivables | 40 | €10,812 | €22,320 | +€11,508 | +106.4% |
| Other amounts receivable | 41 | - | €3,221 | +€3,221 | |
| Cash at bank and in hand | 54/58 | €8,589 | €13,013 | +€4,424 | +51.5% |
| Total equity and liabilities | 10/49 | €20,430 | €47,486 | +€27,056 | +132.4% |
| Equity | 10/15 | €2,987 | €26,312 | +€23,325 | +780.8% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €1,487 | €24,812 | +€23,325 | +1568.4% |
| Distributable reserves | 133 | €1,487 | €24,812 | +€23,325 | +1568.4% |
| Amounts payable | 17/49 | €17,443 | €21,174 | +€3,731 | +21.4% |
| Amounts payable within one year | 42/48 | €17,443 | €21,174 | +€3,731 | +21.4% |
| Trade debts | 44 | €3,466 | €1,519 | -€1,947 | -56.2% |
| Suppliers | 440/4 | €3,466 | €1,519 | -€1,947 | -56.2% |
| Taxes, remuneration and social security | 45 | €11,210 | €19,654 | +€8,444 | +75.3% |
| Taxes | 450/3 | €7,082 | €16,085 | +€9,003 | +127.1% |
| Remuneration and social security | 454/9 | €4,128 | €3,569 | -€559 | -13.5% |
| Other amounts payable | 47/48 | €2,767 | - | -€2,767 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,266 | €3,067 | +€1,800 | +142.2% |
| Other operating charges | 640/8 | €1,844 | €2,943 | +€1,100 | +59.6% |
| Gross operating margin | 9900 | €3,472 | €38,008 | +€34,535 | +994.6% |
| Operating profit (loss) | 9901 | €362 | €31,998 | +€31,635 | +8728.6% |
| Financial income | 75/76B | - | €14 | +€14 | |
| Recurring financial income | 75 | - | €14 | +€14 | |
| Financial charges | 65/66B | €353 | €544 | +€191 | +54.1% |
| Recurring financial charges | 65 | €353 | €544 | +€191 | +54.1% |
| Profit (loss) for the period before taxes | 9903 | €9 | €31,468 | +€31,459 | +341569.3% |
| Income taxes | 67/77 | €298 | €8,143 | +€7,844 | +2629.9% |
| Profit (loss) for the period | 9904 | -€289 | €23,325 | +€23,614 | |
| Profit (loss) for the period to be appropriated | 9905 | -€289 | €23,325 | +€23,614 |
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 1 October 2026 via checked.be.