SC Trans: 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 Trans
Largest movements
- Receivables within one year -€230,438
down €230,438 (-32.6%), from €705,878 to €475,440
of which Trade receivables: -€196,153
- Tangible fixed assets -€76,991
down €76,991 (-36.6%), from €210,078 to €133,087
of which Furniture and vehicles: -€43,724
- Cash -€58,305
down €58,305 (-77.5%), from €75,192 to €16,887
mainly Net result for the year (-€312,237) and Trade debts (-€113,847)
- Profit (loss) carried forward -€312,237
down €312,237, from €148,261 to -€163,976
- Trade debts -€113,847
down €113,847 (-20.0%), from €569,436 to €455,589
- Other debts +€109,918
up €109,918 (+101.8%), from €107,999 to €217,918
- Debts after one year -€21,621
down €21,621 (-61.6%), from €35,122 to €13,501
- Current portion of long-term debt -€11,416
down €11,416 (-35.1%), from €32,537 to €21,121
- Gross operating margin +€159,738
up €159,738 (+15.3%), from €1.0m to €1.2m
- Staff costs +€87,513
up €87,513 (+8.1%), from €1.1m to €1.2m
- Other operating charges -€51,069
down €51,069 (-34.1%), from €149,688 to €98,620
- Financial charges +€32,647
up €32,647 (+23.7%), from €137,544 to €170,191
- Write-downs -€29,425
no longer reported in 2025 (was €29,425)
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 | €1,048,736 | €683,129 | -€365,606 | -34.9% |
| Fixed assets | 21/28 | €259,971 | €183,030 | -€76,941 | -29.6% |
| Tangible fixed assets | 22/27 | €210,078 | €133,087 | -€76,991 | -36.6% |
| Land and buildings | 22 | €15,492 | €14,142 | -€1,350 | -8.7% |
| Plant, machinery and equipment | 23 | €23,822 | €13,190 | -€10,633 | -44.6% |
| Furniture and vehicles | 24 | €117,700 | €73,975 | -€43,724 | -37.1% |
| Leasing and similar rights | 25 | €53,064 | €31,780 | -€21,284 | -40.1% |
| Financial fixed assets | 28 | €49,893 | €49,943 | +€50 | +0.1% |
| Current assets | 29/58 | €788,765 | €500,099 | -€288,666 | -36.6% |
| Amounts receivable within one year | 40/41 | €705,878 | €475,440 | -€230,438 | -32.6% |
| Trade receivables | 40 | €634,542 | €438,389 | -€196,153 | -30.9% |
| Other amounts receivable | 41 | €71,336 | €37,051 | -€34,285 | -48.1% |
| Cash at bank and in hand | 54/58 | €75,192 | €16,887 | -€58,305 | -77.5% |
| Deferred charges and accrued income | 490/1 | €7,695 | €7,772 | +€77 | +1.0% |
| Total equity and liabilities | 10/49 | €1,048,736 | €683,129 | -€365,606 | -34.9% |
| Equity | 10/15 | €154,461 | -€157,776 | -€312,237 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €148,261 | -€163,976 | -€312,237 | |
| Amounts payable | 17/49 | €894,275 | €840,905 | -€53,369 | -6.0% |
| Amounts payable after more than one year | 17 | €35,122 | €13,501 | -€21,621 | -61.6% |
| Financial debts | 170/4 | €35,122 | €13,501 | -€21,621 | -61.6% |
| Amounts payable within one year | 42/48 | €859,152 | €827,404 | -€31,748 | -3.7% |
| Current portion of amounts payable after more than one year | 42 | €32,537 | €21,121 | -€11,416 | -35.1% |
| Financial debts | 43 | €14,946 | €7,804 | -€7,142 | -47.8% |
| Credit institutions | 430/8 | €14,946 | €7,804 | -€7,142 | -47.8% |
| Trade debts | 44 | €569,436 | €455,589 | -€113,847 | -20.0% |
| Suppliers | 440/4 | €569,436 | €455,589 | -€113,847 | -20.0% |
| Taxes, remuneration and social security | 45 | €134,235 | €124,973 | -€9,262 | -6.9% |
| Taxes | 450/3 | €8,260 | €0 | -€8,260 | -100.0% |
| Remuneration and social security | 454/9 | €125,975 | €124,973 | -€1,002 | -0.8% |
| Other amounts payable | 47/48 | €107,999 | €217,918 | +€109,918 | +101.8% |
| Non-recurring operating income | 76A | - | €2,419 | +€2,419 | |
| Remuneration, social security and pensions | 62 | €1,075,833 | €1,163,345 | +€87,513 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,051 | €86,484 | +€2,433 | +2.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €29,425 | - | -€29,425 | |
| Other operating charges | 640/8 | €149,688 | €98,620 | -€51,069 | -34.1% |
| Non-recurring operating charges | 66A | €8,691 | - | -€8,691 | |
| Gross operating margin | 9900 | €1,046,566 | €1,206,304 | +€159,738 | +15.3% |
| Operating profit (loss) | 9901 | -€301,122 | -€142,145 | +€158,977 | +52.8% |
| Financial income | 75/76B | €1,393 | €98 | -€1,295 | -92.9% |
| Recurring financial income | 75 | €1,393 | €98 | -€1,295 | -92.9% |
| Financial charges | 65/66B | €137,544 | €170,191 | +€32,647 | +23.7% |
| Recurring financial charges | 65 | €137,544 | €170,191 | +€32,647 | +23.7% |
| Profit (loss) for the period before taxes | 9903 | -€437,273 | -€312,237 | +€125,035 | +28.6% |
| Income taxes | 67/77 | €144 | - | -€144 | |
| Profit (loss) for the period | 9904 | -€437,417 | -€312,237 | +€125,179 | +28.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€437,417 | -€312,237 | +€125,179 | +28.6% |
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 3 October 2026 via checked.be.