IMMO SCIFO: 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.
IMMO SCIFO
Largest movements
- Receivables within one year +€11,067
up €11,067 (+99.5%), from €11,122 to €22,189
of which Other amounts receivable: +€7,270
- Cash +€6,858
up €6,858 (+66.5%), from €10,309 to €17,166
mainly Net result for the year (+€18,807) and Depreciation (+€5,821)
- Tangible fixed assets -€5,323
down €5,323 (-24.0%), from €22,182 to €16,859
of which Furniture and vehicles: -€3,586
- Deferred charges and accrued income -€1,915
down €1,915 (-91.1%), from €2,102 to €186
- Profit (loss) carried forward +€18,807
up €18,807 (+21.2%), from -€88,533 to -€69,726
- Trade debts -€3,725
down €3,725 (-86.6%), from €4,299 to €574
- Current portion of long-term debt -€3,415
down €3,415 (-58.6%), from €5,824 to €2,408
- Debts after one year -€2,408
down €2,408 (-100.0%), from €2,408 to €0
- Tax, wage and social debts +€1,484
up €1,484 (+12.4%), from €12,010 to €13,494
of which Taxes: +€2,726
- Gross operating margin +€19,373
up €19,373 (+30.6%), from €63,326 to €82,700
- Staff costs +€13,041
up €13,041 (+30.7%), from €42,456 to €55,498
- Purchases and services +€7,505
up €7,505 (+5.7%), from €132,506 to €140,011
- Depreciation -€4,832
down €4,832 (-45.4%), from €10,653 to €5,821
- Other operating charges -€1,699
down €1,699 (-36.5%), from €4,661 to €2,961
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 | €47,878 | €58,621 | +€10,743 | +22.4% |
| Fixed assets | 21/28 | €22,692 | €17,369 | -€5,323 | -23.5% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €22,182 | €16,859 | -€5,323 | -24.0% |
| Land and buildings | 22 | €13,425 | €11,801 | -€1,624 | -12.1% |
| Plant, machinery and equipment | 23 | €118 | €6 | -€113 | -95.0% |
| Furniture and vehicles | 24 | €8,638 | €5,053 | -€3,586 | -41.5% |
| Other tangible fixed assets | 26 | €0 | €0 | -€0 | -100.0% |
| Financial fixed assets | 28 | €510 | €510 | = | 0.0% |
| Current assets | 29/58 | €25,186 | €41,251 | +€16,066 | +63.8% |
| Stocks and contracts in progress | 3 | €1,654 | €1,710 | +€56 | +3.4% |
| Stocks | 30/36 | €1,654 | €1,710 | +€56 | +3.4% |
| Amounts receivable within one year | 40/41 | €11,122 | €22,189 | +€11,067 | +99.5% |
| Trade receivables | 40 | €111 | €3,908 | +€3,797 | +3420.7% |
| Other amounts receivable | 41 | €11,011 | €18,281 | +€7,270 | +66.0% |
| Cash at bank and in hand | 54/58 | €10,309 | €17,166 | +€6,858 | +66.5% |
| Deferred charges and accrued income | 490/1 | €2,102 | €186 | -€1,915 | -91.1% |
| Total equity and liabilities | 10/49 | €47,878 | €58,621 | +€10,743 | +22.4% |
| Equity | 10/15 | €23,337 | €42,144 | +€18,807 | +80.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €101,870 | €101,870 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,870 | €1,870 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,870 | €1,870 | = | 0.0% |
| Distributable reserves | 133 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€88,533 | -€69,726 | +€18,807 | +21.2% |
| Amounts payable | 17/49 | €24,540 | €16,477 | -€8,064 | -32.9% |
| Amounts payable after more than one year | 17 | €2,408 | €0 | -€2,408 | -100.0% |
| Financial debts | 170/4 | €2,408 | €0 | -€2,408 | -100.0% |
| Amounts payable within one year | 42/48 | €22,132 | €16,477 | -€5,655 | -25.6% |
| Current portion of amounts payable after more than one year | 42 | €5,824 | €2,408 | -€3,415 | -58.6% |
| Trade debts | 44 | €4,299 | €574 | -€3,725 | -86.6% |
| Suppliers | 440/4 | €4,299 | €574 | -€3,725 | -86.6% |
| Taxes, remuneration and social security | 45 | €12,010 | €13,494 | +€1,484 | +12.4% |
| Taxes | 450/3 | €3,006 | €5,733 | +€2,726 | +90.7% |
| Remuneration and social security | 454/9 | €9,004 | €7,762 | -€1,242 | -13.8% |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €132,506 | €140,011 | +€7,505 | +5.7% |
| Remuneration, social security and pensions | 62 | €42,456 | €55,498 | +€13,041 | +30.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,653 | €5,821 | -€4,832 | -45.4% |
| Other operating charges | 640/8 | €4,661 | €2,961 | -€1,699 | -36.5% |
| Gross operating margin | 9900 | €63,326 | €82,700 | +€19,373 | +30.6% |
| Operating profit (loss) | 9901 | €5,557 | €18,420 | +€12,863 | +231.5% |
| Financial income | 75/76B | €848 | €1,113 | +€265 | +31.2% |
| Recurring financial income | 75 | €848 | €1,113 | +€265 | +31.2% |
| Financial charges | 65/66B | €1,142 | €398 | -€745 | -65.2% |
| Recurring financial charges | 65 | €1,142 | €398 | -€745 | -65.2% |
| Profit (loss) for the period before taxes | 9903 | €5,263 | €19,135 | +€13,872 | +263.6% |
| Income taxes | 67/77 | €320 | €328 | +€8 | +2.4% |
| Profit (loss) for the period | 9904 | €4,942 | €18,807 | +€13,864 | +280.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,942 | €18,807 | +€13,864 | +280.5% |
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.