S2CM: 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
S2CM
NACE 62.200, Computer consultancy and computer facilities management
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€52,406
2024 · €93,184-€145,590
Equity
€2.0m
2024 · €3.3m-€1.3m
Cash
€148,298
2024 · €149,629-€1,331
Balance sheet total
€3.6m
2024 · €4.9m-€1.3m
Largest movements
Assets
- Receivables after one year -€1.0m
down €1.0m (-72.0%), from €1.4m to €397,419
- Current investments -€155,241
down €155,241 (-11.5%), from €1.4m to €1.2m
- Tangible fixed assets -€50,176
down €50,176 (-5.6%), from €894,034 to €843,857
- Deferred charges and accrued income -€49,474
down €49,474 (-80.0%), from €61,835 to €12,361
Equity and liabilities
- Reserves -€1.3m
down €1.3m (-39.6%), from €3.2m to €2.0m
of which Distributable reserves: -€1.3m
Income statement
- Financial charges +€85,535
up €85,535, from -€26,734 to €58,801
- Financial income -€54,921
down €54,921 (-51.7%), from €106,176 to €51,254
- Gross operating margin -€35,794
down €35,794 (-54.7%), from €65,386 to €29,592
- Taxes -€29,348
down €29,348 (-99.6%), from €29,479 to €132
- Depreciation -€1,553
down €1,553 (-2.2%), from €69,818 to €68,265
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.
Result 2024
€93,184
Gross operating margin
-€35,794
Depreciation
+€1,553
Other operating charges
-€239
Financial income
-€54,921
Financial charges
-€85,535
Taxes
+€29,348
Result 2025
-€52,406
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.
From operations
+€1.1m
Investment
+€137,152
Financing
-€1.3m
Cash 2024
€149,629
From operations (derived)
+€1.1m
Net result for the year
-€52,406
Depreciation
+€68,265
Receivables after one year
+€1.0m
Receivables within one year
+€6,810
Deferred charges and accrued income
+€49,474
Trade debts
-€4,155
Tax, wage and social debts
-€11,555
Other debts
+€34,483
Accrued charges and deferred income
-€1,940
Investment (derived)
+€137,152
Investment in fixed assets (net)
-€18,089
Current investments
+€155,241
Financing
-€1.3m
Debts after one year
-€16,562
Current portion of long-term debt
+€481
Contributions, distributions and other
-€1.2m
Cash 2025
€148,298
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,897,009 | €3,610,354 | -€1.3m | -26.3% |
| Fixed assets | 21/28 | €1,091,284 | €1,041,107 | -€50,176 | -4.6% |
| Tangible fixed assets | 22/27 | €894,034 | €843,857 | -€50,176 | -5.6% |
| Land and buildings | 22 | €674,323 | €651,325 | -€22,998 | -3.4% |
| Plant, machinery and equipment | 23 | €181,480 | €167,261 | -€14,219 | -7.8% |
| Furniture and vehicles | 24 | €38,231 | €25,271 | -€12,959 | -33.9% |
| Financial fixed assets | 28 | €197,250 | €197,250 | = | 0.0% |
| Current assets | 29/58 | €3,805,725 | €2,569,247 | -€1.2m | -32.5% |
| Amounts receivable after more than one year | 29 | €1,421,042 | €397,419 | -€1.0m | -72.0% |
| Other amounts receivable | 291 | €1,421,042 | €397,419 | -€1.0m | -72.0% |
| Stocks and contracts in progress | 3 | €392,216 | €392,216 | = | 0.0% |
| Stocks | 30/36 | €392,216 | €392,216 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €426,430 | €419,620 | -€6,810 | -1.6% |
| Trade receivables | 40 | €43,470 | €12,652 | -€30,818 | -70.9% |
| Other amounts receivable | 41 | €382,960 | €406,968 | +€24,008 | +6.3% |
| Current investments | 50/53 | €1,354,574 | €1,199,333 | -€155,241 | -11.5% |
| Cash at bank and in hand | 54/58 | €149,629 | €148,298 | -€1,331 | -0.9% |
| Deferred charges and accrued income | 490/1 | €61,835 | €12,361 | -€49,474 | -80.0% |
| Total equity and liabilities | 10/49 | €4,897,009 | €3,610,354 | -€1.3m | -26.3% |
| Equity | 10/15 | €3,266,064 | €1,978,658 | -€1.3m | -39.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,247,464 | €1,960,058 | -€1.3m | -39.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €16,433 | €16,433 | = | 0.0% |
| Distributable reserves | 133 | €3,231,031 | €1,943,625 | -€1.3m | -39.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,630,945 | €1,631,697 | +€752 | 0.0% |
| Amounts payable after more than one year | 17 | €374,636 | €358,074 | -€16,562 | -4.4% |
| Financial debts | 170/4 | €371,036 | €348,174 | -€22,862 | -6.2% |
| Other amounts payable | 178/9 | €3,600 | €9,900 | +€6,300 | +175.0% |
| Amounts payable within one year | 42/48 | €1,251,549 | €1,270,802 | +€19,253 | +1.5% |
| Current portion of amounts payable after more than one year | 42 | €22,381 | €22,862 | +€481 | +2.1% |
| Trade debts | 44 | €14,595 | €10,440 | -€4,155 | -28.5% |
| Suppliers | 440/4 | €14,595 | €10,440 | -€4,155 | -28.5% |
| Taxes, remuneration and social security | 45 | €14,055 | €2,500 | -€11,555 | -82.2% |
| Taxes | 450/3 | €9,987 | €2,500 | -€7,487 | -75.0% |
| Remuneration and social security | 454/9 | €4,068 | €0 | -€4,068 | -100.0% |
| Other amounts payable | 47/48 | €1,200,517 | €1,235,000 | +€34,483 | +2.9% |
| Accrued charges and deferred income | 492/3 | €4,760 | €2,820 | -€1,940 | -40.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,818 | €68,265 | -€1,553 | -2.2% |
| Other operating charges | 640/8 | €5,815 | €6,055 | +€239 | +4.1% |
| Gross operating margin | 9900 | €65,386 | €29,592 | -€35,794 | -54.7% |
| Operating profit (loss) | 9901 | -€10,247 | -€44,728 | -€34,480 | -336.5% |
| Financial income | 75/76B | €106,176 | €51,254 | -€54,921 | -51.7% |
| Recurring financial income | 75 | €106,176 | €51,254 | -€54,921 | -51.7% |
| Financial charges | 65/66B | -€26,734 | €58,801 | +€85,535 | |
| Recurring financial charges | 65 | -€26,734 | €58,801 | +€85,535 | |
| Profit (loss) for the period before taxes | 9903 | €122,663 | -€52,275 | -€174,937 | |
| Income taxes | 67/77 | €29,479 | €132 | -€29,348 | -99.6% |
| Profit (loss) for the period | 9904 | €93,184 | -€52,406 | -€145,590 | |
| Profit (loss) for the period to be appropriated | 9905 | €93,184 | -€52,406 | -€145,590 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.