SC Management & Holding: 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 Management & Holding
Largest movements
- Cash +€2,495
up €2,495 (+467%), from €535 to €3,030
mainly Net result for the year (+€13,373) and Other debts (+€9,247)
- Receivables within one year -€2,423
no longer reported in 2025 (was €2,423)
- Debts after one year -€18,108
down €18,108 (-27.1%), from €66,825 to €48,717
- Profit (loss) carried forward +€13,373
up €13,373 (+55.1%), from €24,288 to €37,662
- Other debts +€9,247
up €9,247 (+204%), from €4,533 to €13,780
- Tax, wage and social debts -€3,097
down €3,097 (-35.7%), from €8,673 to €5,575
- Gross operating margin +€2,702
up €2,702 (+15.3%), from €17,641 to €20,342
- Taxes +€674
up €674 (+17.2%), from €3,911 to €4,585
- Other operating charges +€400
new in 2025: €400
- Financial charges -€395
down €395 (-18.1%), from €2,186 to €1,791
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 | €128,658 | €129,607 | +€950 | +0.7% |
| Fixed assets | 21/28 | €125,700 | €126,577 | +€877 | +0.7% |
| Tangible fixed assets | 22/27 | - | €877 | +€877 | |
| Furniture and vehicles | 24 | - | €877 | +€877 | |
| Financial fixed assets | 28 | €125,700 | €125,700 | = | 0.0% |
| Current assets | 29/58 | €2,958 | €3,030 | +€72 | +2.4% |
| Amounts receivable within one year | 40/41 | €2,423 | - | -€2,423 | |
| Trade receivables | 40 | €2,423 | - | -€2,423 | |
| Cash at bank and in hand | 54/58 | €535 | €3,030 | +€2,495 | +467% |
| Total equity and liabilities | 10/49 | €128,658 | €129,607 | +€950 | +0.7% |
| Equity | 10/15 | €29,288 | €42,662 | +€13,373 | +45.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,288 | €37,662 | +€13,373 | +55.1% |
| Amounts payable | 17/49 | €99,369 | €86,946 | -€12,424 | -12.5% |
| Amounts payable after more than one year | 17 | €66,825 | €48,717 | -€18,108 | -27.1% |
| Financial debts | 170/4 | €66,825 | €48,717 | -€18,108 | -27.1% |
| Amounts payable within one year | 42/48 | €31,544 | €38,229 | +€6,685 | +21.2% |
| Current portion of amounts payable after more than one year | 42 | €17,704 | €18,108 | +€404 | +2.3% |
| Trade debts | 44 | €634 | €765 | +€131 | +20.6% |
| Suppliers | 440/4 | €634 | €765 | +€131 | +20.6% |
| Taxes, remuneration and social security | 45 | €8,673 | €5,575 | -€3,097 | -35.7% |
| Taxes | 450/3 | €8,673 | €5,575 | -€3,097 | -35.7% |
| Other amounts payable | 47/48 | €4,533 | €13,780 | +€9,247 | +204% |
| Accrued charges and deferred income | 492/3 | €1,000 | - | -€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €196 | +€196 | |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €17,641 | €20,342 | +€2,702 | +15.3% |
| Operating profit (loss) | 9901 | €17,641 | €19,747 | +€2,106 | +11.9% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €2,186 | €1,791 | -€395 | -18.1% |
| Recurring financial charges | 65 | €2,186 | €1,791 | -€395 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | €15,454 | €17,958 | +€2,504 | +16.2% |
| Income taxes | 67/77 | €3,911 | €4,585 | +€674 | +17.2% |
| Profit (loss) for the period | 9904 | €11,543 | €13,373 | +€1,830 | +15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,543 | €13,373 | +€1,830 | +15.9% |
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 28 October 2026 via checked.be.