SC Invest: 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.
SC Invest
Largest movements
- Current investments +€190,000
new in 2025: €190,000
- Financial fixed assets +€164,556
up €164,556 (+157%), from €105,049 to €269,605
- Cash -€73,103
down €73,103 (-92.4%), from €79,111 to €6,008
mainly Current investments (-€190,000) and Investment in fixed assets (net) (-€164,556)
- Receivables within one year -€29,480
down €29,480 (-13.3%), from €222,240 to €192,760
of which Other amounts receivable: -€30,085
- Reserves +€175,272
new in 2025: €175,272
- Tax, wage and social debts +€73,783
up €73,783 (+79.7%), from €92,597 to €166,380
- Gross operating margin -€122,458
down €122,458 (-33.3%), from €367,394 to €244,936
- Taxes -€12,143
down €12,143 (-13.8%), from €87,700 to €75,557
- Financial income +€4,390
up €4,390 (+256%), from €1,715 to €6,105
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 | €406,500 | €658,475 | +€251,975 | +62.0% |
| Fixed assets | 21/28 | €105,049 | €269,605 | +€164,556 | +157% |
| Financial fixed assets | 28 | €105,049 | €269,605 | +€164,556 | +157% |
| Current assets | 29/58 | €301,451 | €388,870 | +€87,419 | +29.0% |
| Amounts receivable within one year | 40/41 | €222,240 | €192,760 | -€29,480 | -13.3% |
| Trade receivables | 40 | €6,655 | €7,260 | +€605 | +9.1% |
| Other amounts receivable | 41 | €215,585 | €185,500 | -€30,085 | -14.0% |
| Current investments | 50/53 | - | €190,000 | +€190,000 | |
| Cash at bank and in hand | 54/58 | €79,111 | €6,008 | -€73,103 | -92.4% |
| Deferred charges and accrued income | 490/1 | €100 | €102 | +€2 | +2.0% |
| Total equity and liabilities | 10/49 | €406,500 | €658,475 | +€251,975 | +62.0% |
| Equity | 10/15 | €284,303 | €459,575 | +€175,272 | +61.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €175,272 | +€175,272 | |
| Distributable reserves | 133 | - | €175,272 | +€175,272 | |
| Profit (loss) carried forward | 14 | €281,303 | €281,303 | = | 0.0% |
| Amounts payable | 17/49 | €122,197 | €198,900 | +€76,703 | +62.8% |
| Amounts payable within one year | 42/48 | €122,197 | €198,900 | +€76,703 | +62.8% |
| Trade debts | 44 | €2,500 | €1,800 | -€700 | -28.0% |
| Suppliers | 440/4 | €2,500 | €1,800 | -€700 | -28.0% |
| Taxes, remuneration and social security | 45 | €92,597 | €166,380 | +€73,783 | +79.7% |
| Taxes | 450/3 | €92,597 | €166,380 | +€73,783 | +79.7% |
| Other amounts payable | 47/48 | €27,100 | €30,720 | +€3,620 | +13.4% |
| Gross operating margin | 9900 | €367,394 | €244,936 | -€122,458 | -33.3% |
| Operating profit (loss) | 9901 | €367,394 | €244,936 | -€122,458 | -33.3% |
| Financial income | 75/76B | €1,715 | €6,105 | +€4,390 | +256% |
| Recurring financial income | 75 | €1,715 | €6,105 | +€4,390 | +256% |
| Financial charges | 65/66B | €106 | €212 | +€106 | +99.8% |
| Recurring financial charges | 65 | €106 | €212 | +€106 | +99.8% |
| Profit (loss) for the period before taxes | 9903 | €369,003 | €250,829 | -€118,174 | -32.0% |
| Income taxes | 67/77 | €87,700 | €75,557 | -€12,143 | -13.8% |
| Profit (loss) for the period | 9904 | €281,303 | €175,272 | -€106,031 | -37.7% |
| Profit (loss) for the period to be appropriated | 9905 | €281,303 | €175,272 | -€106,031 | -37.7% |
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 16 October 2026 via checked.be.