S & C Holding & Services: 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.
What changed
S & C Holding & Services
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
€43,956
2025 · -€47,119+€91,075
Equity
€10.4m
2025 · €10.4m+€43,956
Cash
€737,145
2025 · €631,459+€105,687
Balance sheet total
€17.7m
2025 · €17.5m+€114,345
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Other debts +€284,532
up €284,532 (+4.9%), from €5.8m to €6.1m
- Short-term financial debts -€190,000
down €190,000 (-46.2%), from €411,000 to €221,000
Income statement
- Financial income +€85,920
up €85,920 (+48.8%), from €175,938 to €261,858
- Financial charges -€10,650
down €10,650 (-5.3%), from €201,994 to €191,344
of which Financial charges: -€18,717
- Other operating charges +€6,649
up €6,649 (+195%), from €3,409 to €10,058
- Write-downs -€3,872
down €3,872, from €1,936 to -€1,936
- Gross operating margin -€2,073
down €2,073 (-42.6%), from -€4,869 to -€6,941
From the 2025 result to the 2026 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.
Result 2025
-€47,119
Gross operating margin
-€2,073
Depreciation
-€646
Write-downs
+€3,872
Other operating charges
-€6,649
Financial income
+€85,920
Financial charges
+€10,650
Result 2026
€43,956
raises the resultlowers the result
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€332,826
Investment
-€37,139
Financing
-€190,000
Cash 2025
€631,459
From operations (derived)
+€332,826
Net result for the year
+€43,956
Depreciation
+€11,496
Receivables after one year
-€23,828
Receivables within one year
+€63,774
Deferred charges and accrued income
-€22,961
Provisions
-€31,099
Trade debts
+€859
Other debts
+€284,532
Accrued charges and deferred income
+€6,096
Investment (derived)
-€37,139
Investment in fixed assets (net)
-€28,451
Current investments
-€8,688
Financing
-€190,000
Short-term financial debts
-€190,000
Cash 2026
€737,145
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,541,648 | €17,655,993 | +€114,345 | +0.7% |
| Fixed assets | 21/28 | €4,972,740 | €4,989,695 | +€16,955 | +0.3% |
| Tangible fixed assets | 22/27 | €1,302,303 | €1,319,258 | +€16,955 | +1.3% |
| Land and buildings | 22 | €1,299,085 | €1,289,056 | -€10,029 | -0.8% |
| Plant, machinery and equipment | 23 | €2,699 | €29,889 | +€27,190 | +1,007% |
| Furniture and vehicles | 24 | €519 | €313 | -€206 | -39.8% |
| Financial fixed assets | 28 | €3,670,437 | €3,670,437 | = | 0.0% |
| Current assets | 29/58 | €12,568,908 | €12,666,297 | +€97,390 | +0.8% |
| Amounts receivable after more than one year | 29 | €4,054,606 | €4,078,434 | +€23,828 | +0.6% |
| Other amounts receivable | 291 | €4,054,606 | €4,078,434 | +€23,828 | +0.6% |
| Amounts receivable within one year | 40/41 | €7,682,655 | €7,618,881 | -€63,774 | -0.8% |
| Trade receivables | 40 | €125,034 | €1,646 | -€123,388 | -98.7% |
| Other amounts receivable | 41 | €7,557,620 | €7,617,235 | +€59,614 | +0.8% |
| Current investments | 50/53 | €185,533 | €194,221 | +€8,688 | +4.7% |
| Cash at bank and in hand | 54/58 | €631,459 | €737,145 | +€105,687 | +16.7% |
| Deferred charges and accrued income | 490/1 | €14,655 | €37,616 | +€22,961 | +157% |
| Total equity and liabilities | 10/49 | €17,541,648 | €17,655,993 | +€114,345 | +0.7% |
| Equity | 10/15 | €10,352,940 | €10,396,896 | +€43,956 | +0.4% |
| Contributions | 10/11 | €750,000 | €750,000 | = | 0.0% |
| Capital | 10 | €750,000 | €750,000 | = | 0.0% |
| Issued capital | 100 | €750,000 | €750,000 | = | 0.0% |
| Reserves | 13 | €75,000 | €75,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €75,000 | €75,000 | = | 0.0% |
| Legal reserve | 130 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,527,940 | €9,571,896 | +€43,956 | +0.5% |
| Provisions and deferred taxes | 16 | €954,907 | €923,808 | -€31,099 | -3.3% |
| Provisions for liabilities and charges | 160/5 | €954,907 | €923,808 | -€31,099 | -3.3% |
| Other liabilities and charges | 164/5 | €954,907 | €923,808 | -€31,099 | -3.3% |
| Amounts payable | 17/49 | €6,233,801 | €6,335,288 | +€101,488 | +1.6% |
| Amounts payable within one year | 42/48 | €6,233,801 | €6,329,192 | +€95,391 | +1.5% |
| Financial debts | 43 | €411,000 | €221,000 | -€190,000 | -46.2% |
| Credit institutions | 430/8 | €411,000 | €221,000 | -€190,000 | -46.2% |
| Trade debts | 44 | €1,062 | €1,921 | +€859 | +80.9% |
| Suppliers | 440/4 | €1,062 | €1,921 | +€859 | +80.9% |
| Other amounts payable | 47/48 | €5,821,739 | €6,106,271 | +€284,532 | +4.9% |
| Accrued charges and deferred income | 492/3 | - | €6,096 | +€6,096 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,850 | €11,496 | +€646 | +5.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,936 | -€1,936 | -€3,872 | |
| Other operating charges | 640/8 | €3,409 | €10,058 | +€6,649 | +195% |
| Gross operating margin | 9900 | -€4,869 | -€6,941 | -€2,073 | -42.6% |
| Operating profit (loss) | 9901 | -€21,064 | -€26,559 | -€5,495 | -26.1% |
| Financial income | 75/76B | €175,938 | €261,858 | +€85,920 | +48.8% |
| Recurring financial income | 75 | €175,938 | €261,858 | +€85,920 | +48.8% |
| Financial charges | 65/66B | €201,994 | €191,344 | -€10,650 | -5.3% |
| Recurring financial charges | 65 | €85,478 | €66,761 | -€18,717 | -21.9% |
| Non-recurring financial charges | 66B | €116,516 | €124,583 | +€8,067 | +6.9% |
| Profit (loss) for the period before taxes | 9903 | -€47,119 | €43,956 | +€91,075 | |
| Profit (loss) for the period | 9904 | -€47,119 | €43,956 | +€91,075 | |
| Profit (loss) for the period to be appropriated | 9905 | -€47,119 | €43,956 | +€91,075 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.