SC Capital: what changed
Two fiscal 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.
SC Capital
Largest movements
- Receivables within one year +€17,019
up €17,019 (+371.8%), from €4,578 to €21,597
- Tangible fixed assets -€10,237
down €10,237 (-30.9%), from €33,080 to €22,843
- Deferred charges and accrued income -€4,424
down €4,424 (-83.9%), from €5,275 to €852
- Debts after one year -€43,681
down €43,681 (-76.3%), from €57,225 to €13,544
- Profit (loss) carried forward +€19,645
up €19,645 (+73.0%), from €26,893 to €46,538
- Current portion of long-term debt +€18,862
up €18,862 (+78.7%), from €23,973 to €42,835
- Other debts +€3,250
new in 2025: €3,250
- Trade debts +€1,706
up €1,706 (+399.3%), from €427 to €2,133
- Financial income +€3,576
up €3,576 (+44.0%), from €8,128 to €11,704
- Gross operating margin +€2,012
up €2,012 (+8.2%), from €24,400 to €26,413
- Taxes +€1,418
up €1,418 (+47.0%), from €3,016 to €4,434
- Other operating charges -€270
down €270 (-23.7%), from €1,138 to €868
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €117,589 | €118,785 | +€1,196 | +1.0% |
| Fixed assets | 21/28 | €103,080 | €92,843 | -€10,237 | -9.9% |
| Tangible fixed assets | 22/27 | €33,080 | €22,843 | -€10,237 | -30.9% |
| Furniture and vehicles | 24 | €33,080 | €22,843 | -€10,237 | -30.9% |
| Financial fixed assets | 28 | €70,000 | €70,000 | = | 0.0% |
| Current assets | 29/58 | €14,509 | €25,943 | +€11,433 | +78.8% |
| Amounts receivable within one year | 40/41 | €4,578 | €21,597 | +€17,019 | +371.8% |
| Other amounts receivable | 41 | €4,578 | €21,597 | +€17,019 | +371.8% |
| Cash at bank and in hand | 54/58 | €4,656 | €3,494 | -€1,162 | -25.0% |
| Deferred charges and accrued income | 490/1 | €5,275 | €852 | -€4,424 | -83.9% |
| Total equity and liabilities | 10/49 | €117,589 | €118,785 | +€1,196 | +1.0% |
| Equity | 10/15 | €27,893 | €47,538 | +€19,645 | +70.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,893 | €46,538 | +€19,645 | +73.0% |
| Amounts payable | 17/49 | €89,696 | €71,248 | -€18,449 | -20.6% |
| Amounts payable after more than one year | 17 | €57,225 | €13,544 | -€43,681 | -76.3% |
| Financial debts | 170/4 | €57,225 | €13,544 | -€43,681 | -76.3% |
| Amounts payable within one year | 42/48 | €32,471 | €57,704 | +€25,232 | +77.7% |
| Current portion of amounts payable after more than one year | 42 | €23,973 | €42,835 | +€18,862 | +78.7% |
| Trade debts | 44 | €427 | €2,133 | +€1,706 | +399.3% |
| Suppliers | 440/4 | €427 | €2,133 | +€1,706 | +399.3% |
| Taxes, remuneration and social security | 45 | €8,071 | €9,485 | +€1,414 | +17.5% |
| Taxes | 450/3 | €8,071 | €9,406 | +€1,335 | +16.5% |
| Remuneration and social security | 454/9 | - | €79 | +€79 | |
| Other amounts payable | 47/48 | - | €3,250 | +€3,250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,237 | €10,237 | = | 0.0% |
| Other operating charges | 640/8 | €1,138 | €868 | -€270 | -23.7% |
| Gross operating margin | 9900 | €24,400 | €26,413 | +€2,012 | +8.2% |
| Operating profit (loss) | 9901 | €13,026 | €15,308 | +€2,282 | +17.5% |
| Financial income | 75/76B | €8,128 | €11,704 | +€3,576 | +44.0% |
| Recurring financial income | 75 | €8,128 | €11,704 | +€3,576 | +44.0% |
| Financial charges | 65/66B | €3,065 | €2,932 | -€133 | -4.3% |
| Recurring financial charges | 65 | €3,065 | €2,932 | -€133 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €18,088 | €24,079 | +€5,991 | +33.1% |
| Income taxes | 67/77 | €3,016 | €4,434 | +€1,418 | +47.0% |
| Profit (loss) for the period | 9904 | €15,072 | €19,645 | +€4,572 | +30.3% |
| Profit (loss) for the period to be appropriated | 9905 | €15,072 | €19,645 | +€4,572 | +30.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.