SCHMID Group N.V. (SHMD) Balance Sheet

NASDAQ: SHMDAssets, liabilities, debt and equity over 6 years.

SHMD balance sheet, 2025

December 31, 2025 · euros

€106.3M assets = €238.4M liabilities + −€132.1M equity

What it owns€106.3MCash & ST investments: €1.6M (1.5%)Receivables: €33.6M (31.7%)Receivables€33.6M · 32%Inventory: €18.1M (17.0%)Inventory €18.1MOther current: €3.9M (3.7%)PP&E: €12.2M (11.5%)Goodwill & intangibles: €17.3M (16.2%)€17.3MLT investments: €17.2M (16.2%)LT investments €17.2MOther non-current: €2.3M (2.2%)=How it is financed€238.4MCurrent liabilities: €156.6M (65.7%)Current liabilities€156.6M · 66%Long-term debt: €36.0M (15.1%)Long-term debt€36.0M · 15%Other LT liabilities: €45.9M (19.2%)Other LT liabilities€45.9M · 19%

Liabilities exceed assets: shareholders’ equity is negative (−€132.1M).

Both columns are drawn to the same scale: what SHMD owns equals what it owes plus shareholders’ equity. Hover a block for its value.

SHMD financial health

Current ratio0.37
Tight · current assets cover current liabilities 0.37×
Equity / assets−124.9%
Thin equity · of assets funded by shareholders
Cash / debt1.2%
Low cash cover · cash & short-term investments vs total debt
Goodwill & intangibles16.2%
Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal 2025.

SHMD balance sheet trends, 2020–2025

MetricTrendThenLatestChange
Total assets€131.3M2020€106.3M2025−4.1%/yr
Total liabilities€206.7M2020€238.4M2025+2.9%/yr
Shareholders’ equity−€75.1M2020−€132.7M2025—
Cash & short-term investments€533,0002020€1.6M2025+24.2%/yr
Total debt€132.6M2020€131.6M2025−0.2%/yr
Net cash (debt)−€132.1M2020−€130.0M2025+€2.1M
Working capital−€39.9M2020−€99.3M2025−€59.5M
Current ratio0.5720200.372025−0.21
Shares outstanding33.4M202038.1M2025+2.6%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

SHMD assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

SHMD liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

SHMD debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

SHMD balance sheet in euros

202520242023202220212020
Assets
Cash & short-term investments€1.6M€3.8M€5.7M€8.3M€18.4M€533,000
Cash & equivalents€1.6M€3.8M€5.7M€8.3M€18.4M€533,000
Short-term investments——€49.9M———
Receivables€33.6M€24.7M€47.0M€109.2M€28.6M€36.4M
Inventory€18.1M€15.7M€16.4M€25.0M€19.2M€12.5M
Other current assets€3.9M€16.6M€5.1M€4.4M€4.2M€3.8M
Total current assets€57.2M€60.8M€74.2M€147.0M€70.4M€53.2M
Property, plant & equipment (net)€12.2M€13.1M€14.8M€14.7M€15.4M€15.7M
Goodwill & intangible assets€17.3M€14.9M−€13.6M€15.8M€16.0M€15.0M
Long-term investments€17.2M€1.6M€140,000€115,000€147,000€40,000
Other non-current assets€2.3M€2.7M€31.1M€2.6M€58.7M€47.3M
Total assets€106.3M€93.1M€106.6M€180.2M€160.7M€131.3M
Liabilities
Accounts payable€35.4M€27.8M€25.9M€25.4M€24.2M€40.8M
Short-term debt€88.5M—€27.6M€128.9M€108.0M€21.4M
Deferred revenue€13.5M—€17.9M€30.6M€25.7M€17.4M
Total current liabilities€156.6M€100.4M€87.3M€195.6M€168.7M€93.1M
Long-term debt€36.0M€37.0M€22.2M€34.4M€41.8M€111.1M
Lease obligations€8.6M€9.7M€10.9M€1.3M€1.5M€433,000
Other long-term liabilities€45.9M€16.1M€14.9M€4.6M€9.2M€2.6M
Total liabilities€238.4M€153.5M€124.4M€234.6M€219.7M€206.7M
Shareholders' equity
Common stock & paid-in capital€430,815—€70.6M€230.6M€69.1M€33.2M
Retained earnings (deficit)——−€14.6M−€8.9M−€132.8M—
Accumulated other comprehensive income−€248.0M—−€1.4M−€131.5M−€145,000−€108.3M
Minority interest€579,000€668,000€7.4M€6.7M——
Total shareholders' equity−€132.7M−€61.1M−€25.2M€221.7M−€63.9M−€75.1M
Key figures
Total debt€131.6M€37.0M€59.1M€164.2M€150.8M€132.6M
Net cash (debt)−€130.0M−€33.2M−€53.4M−€155.9M−€132.4M−€132.1M
Working capital−€99.3M−€39.6M−€13.2M−€48.6M−€98.3M−€39.9M
Tangible book value−€149.9M−€76.1M−€11.6M€205.9M−€79.8M−€90.2M
Shares outstanding38.1M43.1M33.4M22.5M28.1M33.4M
Current ratio0.370.610.850.750.420.57
Quick ratio0.220.280.600.600.280.40
Debt / equity———0.74——
Equity / assets−124.9%−65.6%−23.6%123.0%−39.7%−57.2%

Quarterly columns are labeled by the month the quarter ended. Figures in euros as reported (latest annual report filed May 15, 2026); data from EODHD.

SHMD financial position

At the end of fiscal 2025 (December 31, 2025), SCHMID had total assets of €106.3 million (up 14.1% from a year earlier), total liabilities of €238.4 million and shareholders' equity of -€132.7 million. It held €1.6 million in cash and short-term investments against €131.6 million of debt, net debt of €130.0 million. Its current ratio was 0.37. In the latest quarter (ended June 30, 2026) total assets were €127.2 million and equity -€31.4 million.

Related: SHMD income statement, SHMD cash flow statement, SHMD key metrics. See the SHMD stock overview for the latest quote and news.

SHMD balance sheet FAQ

What are SCHMID's total assets?

SCHMID reported total assets of €106.3 million at the end of fiscal 2025 (December 31, 2025), compared with €93.1 million a year earlier.

How much debt does SCHMID have?

SCHMID had €131.6 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was —.

How much cash does SCHMID have?

SCHMID held €1.6 million in cash and short-term investments at the end of fiscal 2025; with €131.6 million of debt that is net debt of €130.0 million.

What is SCHMID's book value?

SCHMID's shareholders' equity (book value) was -€132.7 million at the end of fiscal 2025.

What is SCHMID's current ratio?

SCHMID had current assets of €57.2 million and current liabilities of €156.6 million, a current ratio of 0.37 (current liabilities exceed current assets).

How much goodwill does SCHMID have?

SCHMID carried €17.3 million of goodwill and intangible assets, 16.2% of total assets, at the end of fiscal 2025.

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