SC Systems: what changed
What changed
SC Systems
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
filed annual accounts (NBB)
Net result for the year
€32,824
2024 · €8,111+€24,713
Equity
€130,136
2024 · €97,311+€32,824
Cash
€19,472
2024 · €15,536+€3,935
Balance sheet total
€562,760
2024 · €610,615-€47,855
Largest movements
Assets
- Tangible fixed assets -€40,443
down €40,443 (-8.9%), from €453,872 to €413,429
of which Plant, machinery and equipment: -€21,055
- Stocks and contracts -€8,600
down €8,600 (-25.4%), from €33,801 to €25,201
of which Stocks: -€8,600
Equity and liabilities
- Other debts -€67,902
down €67,902 (-98.5%), from €68,937 to €1,035
- Profit (loss) carried forward +€32,824
up €32,824 (+16,314%), from €201 to €33,026
- Debts after one year -€13,835
down €13,835 (-4.4%), from €315,126 to €301,291
- Trade debts +€11,363
up €11,363 (+12.0%), from €94,632 to €105,995
- Accrued charges and deferred income -€8,360
down €8,360 (-82.1%), from €10,183 to €1,823
Income statement
- Gross operating margin +€27,750
up €27,750 (+30.0%), from €92,624 to €120,375
- Taxes +€5,469
up €5,469 (+172%), from €3,177 to €8,646
- Financial charges -€5,072
down €5,072 (-26.8%), from €18,922 to €13,849
- Write-downs +€3,727
new in 2025: €3,727
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.
Result 2024
€8,111
Gross operating margin
+€27,750
Depreciation
+€667
Write-downs
-€3,727
Other operating charges
+€420
Financial income
-€0
Financial charges
+€5,072
Taxes
-€5,469
Result 2025
€32,824
raises the resultlowers the result
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.
From operations
+€34,244
Investment
-€16,977
Financing
-€13,332
Cash 2024
€15,536
From operations (derived)
+€34,244
Net result for the year
+€32,824
Depreciation
+€57,419
Stocks and contracts
+€8,600
Receivables within one year
+€2,990
Deferred charges and accrued income
-€242
Trade debts
+€11,363
Tax, wage and social debts
-€2,448
Other debts
-€67,902
Accrued charges and deferred income
-€8,360
Investment (derived)
-€16,977
Investment in fixed assets (net)
-€16,977
Financing
-€13,332
Debts after one year
-€13,835
Current portion of long-term debt
+€503
Cash 2025
€19,472
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €610,615 | €562,760 | -€47,855 | -7.8% |
| Fixed assets | 21/28 | €453,872 | €413,429 | -€40,443 | -8.9% |
| Tangible fixed assets | 22/27 | €453,872 | €413,429 | -€40,443 | -8.9% |
| Land and buildings | 22 | €347,154 | €333,104 | -€14,049 | -4.0% |
| Plant, machinery and equipment | 23 | €93,221 | €72,166 | -€21,055 | -22.6% |
| Furniture and vehicles | 24 | €13,497 | €8,159 | -€5,338 | -39.5% |
| Current assets | 29/58 | €156,744 | €149,331 | -€7,413 | -4.7% |
| Stocks and contracts in progress | 3 | €33,801 | €25,201 | -€8,600 | -25.4% |
| Stocks | 30/36 | €33,801 | €25,201 | -€8,600 | -25.4% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €105,604 | €102,614 | -€2,990 | -2.8% |
| Trade receivables | 40 | €88,455 | €78,146 | -€10,309 | -11.7% |
| Other amounts receivable | 41 | €17,149 | €24,469 | +€7,320 | +42.7% |
| Cash at bank and in hand | 54/58 | €15,536 | €19,472 | +€3,935 | +25.3% |
| Deferred charges and accrued income | 490/1 | €1,803 | €2,044 | +€242 | +13.4% |
| Total equity and liabilities | 10/49 | €610,615 | €562,760 | -€47,855 | -7.8% |
| Equity | 10/15 | €97,311 | €130,136 | +€32,824 | +33.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €84,710 | €84,710 | = | 0.0% |
| Distributable reserves | 133 | €84,710 | €84,710 | = | 0.0% |
| Profit (loss) carried forward | 14 | €201 | €33,026 | +€32,824 | +16,314% |
| Amounts payable | 17/49 | €513,304 | €432,624 | -€80,680 | -15.7% |
| Amounts payable after more than one year | 17 | €315,126 | €301,291 | -€13,835 | -4.4% |
| Financial debts | 170/4 | €315,126 | €301,291 | -€13,835 | -4.4% |
| Amounts payable within one year | 42/48 | €187,995 | €129,510 | -€58,485 | -31.1% |
| Current portion of amounts payable after more than one year | 42 | €13,332 | €13,835 | +€503 | +3.8% |
| Trade debts | 44 | €94,632 | €105,995 | +€11,363 | +12.0% |
| Suppliers | 440/4 | €94,632 | €105,995 | +€11,363 | +12.0% |
| Taxes, remuneration and social security | 45 | €11,094 | €8,646 | -€2,448 | -22.1% |
| Taxes | 450/3 | €6,894 | €6,246 | -€648 | -9.4% |
| Remuneration and social security | 454/9 | €4,200 | €2,400 | -€1,800 | -42.9% |
| Other amounts payable | 47/48 | €68,937 | €1,035 | -€67,902 | -98.5% |
| Accrued charges and deferred income | 492/3 | €10,183 | €1,823 | -€8,360 | -82.1% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,087 | €57,419 | -€667 | -1.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,727 | +€3,727 | |
| Other operating charges | 640/8 | €4,329 | €3,910 | -€420 | -9.7% |
| Gross operating margin | 9900 | €92,624 | €120,375 | +€27,750 | +30.0% |
| Operating profit (loss) | 9901 | €30,208 | €55,318 | +€25,110 | +83.1% |
| Financial income | 75/76B | €2 | €1 | -€0 | -24.7% |
| Recurring financial income | 75 | €2 | €1 | -€0 | -24.7% |
| Financial charges | 65/66B | €18,922 | €13,849 | -€5,072 | -26.8% |
| Recurring financial charges | 65 | €18,922 | €13,849 | -€5,072 | -26.8% |
| Profit (loss) for the period before taxes | 9903 | €11,289 | €41,470 | +€30,182 | +267% |
| Income taxes | 67/77 | €3,177 | €8,646 | +€5,469 | +172% |
| Profit (loss) for the period | 9904 | €8,111 | €32,824 | +€24,713 | +305% |
| Profit (loss) for the period to be appropriated | 9905 | €8,111 | €32,824 | +€24,713 | +305% |
Next steps
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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 8 November 2026 via checked.be.