S.C.K.Z.: what changed
S.C.K.Z.
Largest movements
- Cash +€7,665
up €7,665 (+242%), from €3,165 to €10,830
mainly Net result for the year (+€46,442) and Tax, wage and social debts (+€15,678)
- Receivables within one year +€3,559
up €3,559 (+7.7%), from €46,432 to €49,991
of which Other amounts receivable: +€14,090
- Tax, wage and social debts +€15,678
up €15,678 (+39.3%), from €39,939 to €55,617
of which Taxes: +€15,434
- Current portion of long-term debt -€3,077
no longer reported in 2025 (was €3,077)
- Trade debts -€1,592
down €1,592 (-3.6%), from €44,280 to €42,688
- Financial income +€62,705
up €62,705 (+10,451%), from €600 to €63,305
of which Non-recurring financial income: +€59,791
- Gross operating margin +€27,004
up €27,004 (+50.6%), from €53,330 to €80,334
- Staff costs +€26,233
up €26,233 (+52.6%), from €49,874 to €76,107
- Write-downs +€10,202
new in 2025: €10,202
- Taxes +€5,241
up €5,241 (+309%), from €1,698 to €6,939
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €64,196 | €75,205 | +€11,009 | +17.1% |
| Fixed assets | 21/28 | €531 | €322 | -€209 | -39.4% |
| Tangible fixed assets | 22/27 | €531 | €322 | -€209 | -39.4% |
| Plant, machinery and equipment | 23 | €531 | €322 | -€209 | -39.4% |
| Current assets | 29/58 | €63,665 | €74,883 | +€11,218 | +17.6% |
| Stocks and contracts in progress | 3 | €13,768 | €14,062 | +€294 | +2.1% |
| Stocks | 30/36 | €13,768 | €14,062 | +€294 | +2.1% |
| Amounts receivable within one year | 40/41 | €46,432 | €49,991 | +€3,559 | +7.7% |
| Trade receivables | 40 | €31,547 | €21,016 | -€10,531 | -33.4% |
| Other amounts receivable | 41 | €14,885 | €28,975 | +€14,090 | +94.7% |
| Cash at bank and in hand | 54/58 | €3,165 | €10,830 | +€7,665 | +242% |
| Deferred charges and accrued income | 490/1 | €300 | - | -€300 | |
| Total equity and liabilities | 10/49 | €64,196 | €75,205 | +€11,009 | +17.1% |
| Equity | 10/15 | -€23,100 | -€23,100 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,100 | -€26,100 | = | 0.0% |
| Amounts payable | 17/49 | €87,296 | €98,305 | +€11,009 | +12.6% |
| Amounts payable within one year | 42/48 | €87,296 | €98,305 | +€11,009 | +12.6% |
| Current portion of amounts payable after more than one year | 42 | €3,077 | - | -€3,077 | |
| Trade debts | 44 | €44,280 | €42,688 | -€1,592 | -3.6% |
| Suppliers | 440/4 | €44,280 | €42,688 | -€1,592 | -3.6% |
| Taxes, remuneration and social security | 45 | €39,939 | €55,617 | +€15,678 | +39.3% |
| Taxes | 450/3 | €32,121 | €47,555 | +€15,434 | +48.0% |
| Remuneration and social security | 454/9 | €7,818 | €8,062 | +€244 | +3.1% |
| Remuneration, social security and pensions | 62 | €49,874 | €76,107 | +€26,233 | +52.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €209 | €209 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €10,202 | +€10,202 | |
| Other operating charges | 640/8 | €116 | €2,451 | +€2,335 | +2,013% |
| Gross operating margin | 9900 | €53,330 | €80,334 | +€27,004 | +50.6% |
| Operating profit (loss) | 9901 | €3,131 | -€8,635 | -€11,766 | |
| Financial income | 75/76B | €600 | €63,305 | +€62,705 | +10,451% |
| Recurring financial income | 75 | €600 | €3,514 | +€2,914 | +486% |
| Non-recurring financial income | 76B | - | €59,791 | +€59,791 | |
| Financial charges | 65/66B | €2,199 | €1,289 | -€910 | -41.4% |
| Recurring financial charges | 65 | €2,199 | €1,289 | -€910 | -41.4% |
| Profit (loss) for the period before taxes | 9903 | €1,532 | €53,381 | +€51,849 | +3,384% |
| Income taxes | 67/77 | €1,698 | €6,939 | +€5,241 | +309% |
| Profit (loss) for the period | 9904 | -€166 | €46,442 | +€46,608 | |
| Profit (loss) for the period to be appropriated | 9905 | -€166 | €46,442 | +€46,608 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.