S.C.I.: 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.I.
Largest movements
- Deferred charges and accrued income +€18,544
up €18,544 (+1,604%), from €1,156 to €19,699
- Cash -€10,180
down €10,180 (-9.2%), from €110,481 to €100,301
mainly Investment in fixed assets (net) (-€23,461) and Deferred charges and accrued income (-€18,544)
- Tangible fixed assets +€6,459
up €6,459 (+9.5%), from €68,204 to €74,663
of which Furniture and vehicles: +€17,564
- Receivables within one year -€5,758
no longer reported in 2025 (was €5,758)
of which Other amounts receivable: -€3,496
- Other debts +€13,147
up €13,147 (+803%), from €1,638 to €14,785
- Debts after one year -€7,456
no longer reported in 2025 (was €7,456)
- Tax, wage and social debts +€4,282
new in 2025: €4,282
- Accrued charges and deferred income -€2,162
no longer reported in 2025 (was €2,162)
- Gross operating margin +€12,462
up €12,462 (+27.7%), from €45,053 to €57,515
- Taxes +€4,075
up €4,075 (+116%), from €3,504 to €7,580
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 | €185,629 | €194,693 | +€9,064 | +4.9% |
| Fixed assets | 21/28 | €68,234 | €74,693 | +€6,459 | +9.5% |
| Tangible fixed assets | 22/27 | €68,204 | €74,663 | +€6,459 | +9.5% |
| Land and buildings | 22 | €65,345 | €53,478 | -€11,867 | -18.2% |
| Plant, machinery and equipment | 23 | €1,258 | €2,021 | +€762 | +60.6% |
| Furniture and vehicles | 24 | €1,600 | €19,164 | +€17,564 | +1,098% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €117,395 | €120,001 | +€2,605 | +2.2% |
| Amounts receivable within one year | 40/41 | €5,758 | - | -€5,758 | |
| Trade receivables | 40 | €2,262 | - | -€2,262 | |
| Other amounts receivable | 41 | €3,496 | - | -€3,496 | |
| Cash at bank and in hand | 54/58 | €110,481 | €100,301 | -€10,180 | -9.2% |
| Deferred charges and accrued income | 490/1 | €1,156 | €19,699 | +€18,544 | +1,604% |
| Total equity and liabilities | 10/49 | €185,629 | €194,693 | +€9,064 | +4.9% |
| Equity | 10/15 | €166,860 | €167,073 | +€213 | +0.1% |
| Contributions | 10/11 | €63,320 | €63,320 | = | 0.0% |
| Capital | 10 | €63,320 | €63,320 | = | 0.0% |
| Issued capital | 100 | €63,320 | €63,320 | = | 0.0% |
| Reserves | 13 | €46,067 | €46,280 | +€213 | +0.5% |
| Non-distributable reserves | 130/1 | €6,332 | €6,332 | = | 0.0% |
| Legal reserve | 130 | €6,332 | €6,332 | = | 0.0% |
| Distributable reserves | 133 | €39,735 | €39,948 | +€213 | +0.5% |
| Profit (loss) carried forward | 14 | €57,473 | €57,473 | = | 0.0% |
| Amounts payable | 17/49 | €18,769 | €27,620 | +€8,851 | +47.2% |
| Amounts payable after more than one year | 17 | €7,456 | - | -€7,456 | |
| Financial debts | 170/4 | €7,456 | - | -€7,456 | |
| Amounts payable within one year | 42/48 | €9,151 | €27,620 | +€18,469 | +202% |
| Financial debts | 43 | €7,124 | €7,456 | +€332 | +4.7% |
| Credit institutions | 430/8 | €7,124 | €7,456 | +€332 | +4.7% |
| Trade debts | 44 | €388 | €1,097 | +€708 | +182% |
| Suppliers | 440/4 | €388 | €1,097 | +€708 | +182% |
| Taxes, remuneration and social security | 45 | - | €4,282 | +€4,282 | |
| Taxes | 450/3 | - | €4,282 | +€4,282 | |
| Other amounts payable | 47/48 | €1,638 | €14,785 | +€13,147 | +803% |
| Accrued charges and deferred income | 492/3 | €2,162 | - | -€2,162 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,575 | €17,002 | +€427 | +2.6% |
| Other operating charges | 640/8 | €18,120 | €18,080 | -€41 | -0.2% |
| Gross operating margin | 9900 | €45,053 | €57,515 | +€12,462 | +27.7% |
| Operating profit (loss) | 9901 | €10,357 | €22,433 | +€12,076 | +117% |
| Financial income | 75/76B | €1 | €2 | +€1 | +156% |
| Recurring financial income | 75 | €1 | €2 | +€1 | +156% |
| Financial charges | 65/66B | €932 | €597 | -€334 | -35.9% |
| Recurring financial charges | 65 | €932 | €597 | -€334 | -35.9% |
| Profit (loss) for the period before taxes | 9903 | €9,426 | €21,838 | +€12,412 | +132% |
| Income taxes | 67/77 | €3,504 | €7,580 | +€4,075 | +116% |
| Profit (loss) for the period | 9904 | €5,922 | €14,258 | +€8,336 | +141% |
| Profit (loss) for the period to be appropriated | 9905 | €5,922 | €14,258 | +€8,336 | +141% |
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 19 October 2026 via checked.be.