SCA 26: 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.
SCA 26
Largest movements
- Receivables within one year +€19,318
up €19,318 (+97.2%), from €19,882 to €39,200
- Cash -€9,932
down €9,932 (-57.0%), from €17,426 to €7,494
mainly Contributions, distributions and other (-€244,800) and Debts after one year (-€106,892)
- Other debts +€131,675
up €131,675 (+62.5%), from €210,761 to €342,436
- Debts after one year -€106,892
down €106,892 (-47.5%), from €224,960 to €118,068
- Profit (loss) carried forward -€31,143
down €31,143 (-8.8%), from €353,896 to €322,753
- Tax, wage and social debts +€13,891
up €13,891 (+51.1%), from €27,175 to €41,066
of which Taxes: +€9,385
- Gross operating margin +€55,797
up €55,797 (+26.3%), from €212,432 to €268,229
- Staff costs +€51,773
up €51,773 (+2819.9%), from €1,836 to €53,609
- Turnover +€51,617
up €51,617 (+21.4%), from €241,163 to €292,780
- Taxes -€22,531
down €22,531 (-40.9%), from €55,118 to €32,587
- Financial income +€7,953
up €7,953 (+20.9%), from €38,047 to €46,000
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 | €966,537 | €974,380 | +€7,843 | +0.8% |
| Fixed assets | 21/28 | €915,487 | €913,486 | -€2,001 | -0.2% |
| Tangible fixed assets | 22/27 | €35,487 | €33,486 | -€2,001 | -5.6% |
| Land and buildings | 22 | €33,271 | €32,238 | -€1,033 | -3.1% |
| Plant, machinery and equipment | 23 | €2,216 | €1,248 | -€968 | -43.7% |
| Financial fixed assets | 28 | €880,000 | €880,000 | = | 0.0% |
| Current assets | 29/58 | €51,050 | €60,894 | +€9,844 | +19.3% |
| Stocks and contracts in progress | 3 | €13,742 | €13,141 | -€601 | -4.4% |
| Stocks | 30/36 | €13,742 | €13,141 | -€601 | -4.4% |
| Amounts receivable within one year | 40/41 | €19,882 | €39,200 | +€19,318 | +97.2% |
| Trade receivables | 40 | €19,882 | €39,200 | +€19,318 | +97.2% |
| Cash at bank and in hand | 54/58 | €17,426 | €7,494 | -€9,932 | -57.0% |
| Deferred charges and accrued income | 490/1 | - | €1,059 | +€1,059 | |
| Total equity and liabilities | 10/49 | €966,537 | €974,380 | +€7,843 | +0.8% |
| Equity | 10/15 | €360,096 | €328,953 | -€31,143 | -8.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €353,896 | €322,753 | -€31,143 | -8.8% |
| Amounts payable | 17/49 | €606,441 | €645,427 | +€38,986 | +6.4% |
| Amounts payable after more than one year | 17 | €224,960 | €118,068 | -€106,892 | -47.5% |
| Financial debts | 170/4 | €224,960 | €118,068 | -€106,892 | -47.5% |
| Amounts payable within one year | 42/48 | €378,605 | €527,359 | +€148,754 | +39.3% |
| Current portion of amounts payable after more than one year | 42 | €105,000 | €105,000 | = | 0.0% |
| Financial debts | 43 | €25,000 | €25,000 | = | 0.0% |
| Credit institutions | 430/8 | €25,000 | €25,000 | = | 0.0% |
| Trade debts | 44 | €10,669 | €13,857 | +€3,188 | +29.9% |
| Suppliers | 440/4 | €10,669 | €13,857 | +€3,188 | +29.9% |
| Taxes, remuneration and social security | 45 | €27,175 | €41,066 | +€13,891 | +51.1% |
| Taxes | 450/3 | €25,278 | €34,663 | +€9,385 | +37.1% |
| Remuneration and social security | 454/9 | €1,897 | €6,403 | +€4,506 | +237.5% |
| Other amounts payable | 47/48 | €210,761 | €342,436 | +€131,675 | +62.5% |
| Accrued charges and deferred income | 492/3 | €2,876 | - | -€2,876 | |
| Turnover | 70 | €241,163 | €292,780 | +€51,617 | +21.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €29,144 | €24,634 | -€4,510 | -15.5% |
| Remuneration, social security and pensions | 62 | €1,836 | €53,609 | +€51,773 | +2819.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,722 | €2,001 | +€279 | +16.2% |
| Other operating charges | 640/8 | €968 | €1,455 | +€487 | +50.3% |
| Gross operating margin | 9900 | €212,432 | €268,229 | +€55,797 | +26.3% |
| Operating profit (loss) | 9901 | €207,906 | €211,164 | +€3,258 | +1.6% |
| Financial income | 75/76B | €38,047 | €46,000 | +€7,953 | +20.9% |
| Recurring financial income | 75 | €38,047 | €46,000 | +€7,953 | +20.9% |
| Financial charges | 65/66B | €14,362 | €10,920 | -€3,442 | -24.0% |
| Recurring financial charges | 65 | €13,549 | €10,920 | -€2,629 | -19.4% |
| Non-recurring financial charges | 66B | €813 | - | -€813 | |
| Profit (loss) for the period before taxes | 9903 | €231,591 | €246,244 | +€14,653 | +6.3% |
| Income taxes | 67/77 | €55,118 | €32,587 | -€22,531 | -40.9% |
| Profit (loss) for the period | 9904 | €176,473 | €213,657 | +€37,184 | +21.1% |
| Profit (loss) for the period to be appropriated | 9905 | €176,473 | €213,657 | +€37,184 | +21.1% |
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 11 October 2026 via checked.be.