DR SCORDIDIS: 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.
DR SCORDIDIS
Largest movements
- Cash -€25,310
down €25,310 (-33.0%), from €76,647 to €51,337
mainly Debts after one year (-€51,153) and Investment in fixed assets (net) (-€24,291)
- Tangible fixed assets -€8,861
down €8,861 (-1.5%), from €599,729 to €590,868
of which Land and buildings: -€7,954
- Debts after one year -€51,153
down €51,153 (-37.5%), from €136,586 to €85,433
- Reserves +€29,428
up €29,428 (+8.5%), from €346,792 to €376,220
of which Distributable reserves: +€29,428
- Other debts -€19,858
down €19,858 (-14.1%), from €140,611 to €120,752
- Gross operating margin +€11,402
up €11,402 (+13.6%), from €83,816 to €95,218
- Depreciation +€5,404
up €5,404 (+19.5%), from €27,748 to €33,152
- Taxes +€1,969
up €1,969 (+21.0%), from €9,365 to €11,334
- Other operating charges -€1,686
down €1,686 (-44.0%), from €3,832 to €2,146
- Financial charges +€1,487
up €1,487 (+7.6%), from €19,530 to €21,018
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.
Derived cash bridge
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 | €701,883 | €665,460 | -€36,423 | -5.2% |
| Fixed assets | 21/28 | €599,729 | €590,868 | -€8,861 | -1.5% |
| Tangible fixed assets | 22/27 | €599,729 | €590,868 | -€8,861 | -1.5% |
| Land and buildings | 22 | €598,423 | €590,469 | -€7,954 | -1.3% |
| Plant, machinery and equipment | 23 | €1,306 | €399 | -€907 | -69.4% |
| Current assets | 29/58 | €102,154 | €74,592 | -€27,562 | -27.0% |
| Amounts receivable within one year | 40/41 | €5,635 | €3,666 | -€1,969 | -34.9% |
| Other amounts receivable | 41 | €5,635 | €3,666 | -€1,969 | -34.9% |
| Current investments | 50/53 | €0 | €0 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €76,647 | €51,337 | -€25,310 | -33.0% |
| Deferred charges and accrued income | 490/1 | €19,872 | €19,589 | -€283 | -1.4% |
| Total equity and liabilities | 10/49 | €701,883 | €665,460 | -€36,423 | -5.2% |
| Equity | 10/15 | €361,052 | €388,620 | +€27,568 | +7.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €346,792 | €376,220 | +€29,428 | +8.5% |
| Non-distributable reserves | 130/1 | €188,972 | €188,972 | = | 0.0% |
| Reserves not available under the articles | 1311 | €188,972 | €188,972 | = | 0.0% |
| Distributable reserves | 133 | €157,820 | €187,249 | +€29,428 | +18.6% |
| Profit (loss) carried forward | 14 | €1,860 | - | -€1,860 | |
| Amounts payable | 17/49 | €340,832 | €276,840 | -€63,991 | -18.8% |
| Amounts payable after more than one year | 17 | €136,586 | €85,433 | -€51,153 | -37.5% |
| Financial debts | 170/4 | €136,586 | €85,433 | -€51,153 | -37.5% |
| Amounts payable within one year | 42/48 | €204,245 | €191,407 | -€12,838 | -6.3% |
| Current portion of amounts payable after more than one year | 42 | €54,442 | €57,964 | +€3,522 | +6.5% |
| Trade debts | 44 | €2,992 | €5,487 | +€2,494 | +83.4% |
| Suppliers | 440/4 | €2,992 | €5,487 | +€2,494 | +83.4% |
| Taxes, remuneration and social security | 45 | €6,201 | €7,205 | +€1,004 | +16.2% |
| Taxes | 450/3 | €3,347 | €4,317 | +€970 | +29.0% |
| Remuneration and social security | 454/9 | €2,854 | €2,887 | +€34 | +1.2% |
| Other amounts payable | 47/48 | €140,611 | €120,752 | -€19,858 | -14.1% |
| Non-recurring operating income | 76A | €9,151 | - | -€9,151 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,748 | €33,152 | +€5,404 | +19.5% |
| Other operating charges | 640/8 | €3,832 | €2,146 | -€1,686 | -44.0% |
| Gross operating margin | 9900 | €83,816 | €95,218 | +€11,402 | +13.6% |
| Operating profit (loss) | 9901 | €52,237 | €59,920 | +€7,684 | +14.7% |
| Financial income | 75/76B | €11 | €0 | -€11 | -99.6% |
| Recurring financial income | 75 | €11 | €0 | -€11 | -99.6% |
| Financial charges | 65/66B | €19,530 | €21,018 | +€1,487 | +7.6% |
| Recurring financial charges | 65 | €19,530 | €21,018 | +€1,487 | +7.6% |
| Profit (loss) for the period before taxes | 9903 | €32,717 | €38,903 | +€6,185 | +18.9% |
| Income taxes | 67/77 | €9,365 | €11,334 | +€1,969 | +21.0% |
| Profit (loss) for the period | 9904 | €23,352 | €27,568 | +€4,216 | +18.1% |
| Profit (loss) for the period to be appropriated | 9905 | €23,352 | €27,568 | +€4,216 | +18.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.