S&C FUNERA: 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.
S&C FUNERA
Largest movements
- Tangible fixed assets +€85,210
up €85,210 (+14.3%), from €594,880 to €680,090
of which Assets under construction and advance payments: +€154,435
- Cash +€31,064
up €31,064 (+19.6%), from €158,407 to €189,471
mainly Trade debts (+€82,387) and Depreciation (+€74,565)
- Receivables within one year +€21,973
up €21,973 (+60.1%), from €36,589 to €58,562
of which Trade receivables: +€15,810
- Trade debts +€82,387
up €82,387 (+253%), from €32,576 to €114,964
- Profit (loss) carried forward +€50,821
up €50,821 (+83.4%), from €60,956 to €111,777
- Debts after one year +€23,864
up €23,864 (+5.9%), from €407,755 to €431,619
- Gross operating margin +€12,230
up €12,230 (+5.4%), from €225,494 to €237,724
- Depreciation +€6,821
up €6,821 (+10.1%), from €67,744 to €74,565
- Taxes +€5,378
up €5,378 (+38.4%), from €14,003 to €19,380
- Staff costs +€4,833
up €4,833 (+7.2%), from €67,089 to €71,922
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 | €828,285 | €972,041 | +€143,756 | +17.4% |
| Fixed assets | 21/28 | €594,880 | €680,090 | +€85,210 | +14.3% |
| Tangible fixed assets | 22/27 | €594,880 | €680,090 | +€85,210 | +14.3% |
| Land and buildings | 22 | €485,548 | €466,323 | -€19,226 | -4.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €94,688 | €55,597 | -€39,091 | -41.3% |
| Leasing and similar rights | 25 | €14,644 | €3,736 | -€10,908 | -74.5% |
| Assets under construction and advance payments | 27 | - | €154,435 | +€154,435 | |
| Current assets | 29/58 | €233,405 | €291,951 | +€58,546 | +25.1% |
| Stocks and contracts in progress | 3 | €34,440 | €35,316 | +€877 | +2.5% |
| Stocks | 30/36 | €34,440 | €35,316 | +€877 | +2.5% |
| Amounts receivable within one year | 40/41 | €36,589 | €58,562 | +€21,973 | +60.1% |
| Trade receivables | 40 | €22,178 | €37,988 | +€15,810 | +71.3% |
| Other amounts receivable | 41 | €14,411 | €20,574 | +€6,163 | +42.8% |
| Cash at bank and in hand | 54/58 | €158,407 | €189,471 | +€31,064 | +19.6% |
| Deferred charges and accrued income | 490/1 | €3,969 | €8,602 | +€4,633 | +117% |
| Total equity and liabilities | 10/49 | €828,285 | €972,041 | +€143,756 | +17.4% |
| Equity | 10/15 | €250,863 | €298,084 | +€47,221 | +18.8% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €149,907 | €146,307 | -€3,600 | -2.4% |
| Tax-exempt reserves | 132 | €23,000 | €19,400 | -€3,600 | -15.7% |
| Distributable reserves | 133 | €126,907 | €126,907 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,956 | €111,777 | +€50,821 | +83.4% |
| Provisions and deferred taxes | 16 | €5,700 | €4,500 | -€1,200 | -21.1% |
| Deferred taxes | 168 | €5,700 | €4,500 | -€1,200 | -21.1% |
| Amounts payable | 17/49 | €571,721 | €669,456 | +€97,735 | +17.1% |
| Amounts payable after more than one year | 17 | €407,755 | €431,619 | +€23,864 | +5.9% |
| Financial debts | 170/4 | €407,755 | €431,619 | +€23,864 | +5.9% |
| Amounts payable within one year | 42/48 | €163,966 | €229,763 | +€65,798 | +40.1% |
| Current portion of amounts payable after more than one year | 42 | €88,147 | €78,997 | -€9,150 | -10.4% |
| Trade debts | 44 | €32,576 | €114,964 | +€82,387 | +253% |
| Suppliers | 440/4 | €32,576 | €114,964 | +€82,387 | +253% |
| Advances received on contracts in progress | 46 | €21,776 | €21,776 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €14,634 | €6,917 | -€7,717 | -52.7% |
| Taxes | 450/3 | €9,277 | €398 | -€8,880 | -95.7% |
| Remuneration and social security | 454/9 | €5,357 | €6,520 | +€1,163 | +21.7% |
| Other amounts payable | 47/48 | €6,833 | €7,110 | +€277 | +4.1% |
| Accrued charges and deferred income | 492/3 | - | €8,074 | +€8,074 | |
| Remuneration, social security and pensions | 62 | €67,089 | €71,922 | +€4,833 | +7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,744 | €74,565 | +€6,821 | +10.1% |
| Other operating charges | 640/8 | €11,936 | €13,376 | +€1,440 | +12.1% |
| Gross operating margin | 9900 | €225,494 | €237,724 | +€12,230 | +5.4% |
| Operating profit (loss) | 9901 | €78,725 | €77,861 | -€864 | -1.1% |
| Financial income | 75/76B | €1,117 | €965 | -€152 | -13.6% |
| Recurring financial income | 75 | €1,117 | €965 | -€152 | -13.6% |
| Financial charges | 65/66B | €11,737 | €13,425 | +€1,688 | +14.4% |
| Recurring financial charges | 65 | €11,737 | €13,425 | +€1,688 | +14.4% |
| Profit (loss) for the period before taxes | 9903 | €68,105 | €65,401 | -€2,704 | -4.0% |
| Transfer from deferred taxes | 780 | €300 | €1,200 | +€900 | +300% |
| Transfer to deferred taxes | 680 | €6,000 | - | -€6,000 | |
| Income taxes | 67/77 | €14,003 | €19,380 | +€5,378 | +38.4% |
| Profit (loss) for the period | 9904 | €48,402 | €47,221 | -€1,182 | -2.4% |
| Transfer from tax-exempt reserves | 789 | €900 | €3,600 | +€2,700 | +300% |
| Transfer to tax-exempt reserves | 689 | €18,000 | - | -€18,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,302 | €50,821 | +€19,519 | +62.4% |
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 26 October 2026 via checked.be.