SCAB: 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.
What changed
SCAB
NACE 70.100, Activities of head offices
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€26,915
2024 · €128,231-€101,316
Equity
€803,525
2024 · €843,610-€40,085
Cash
€127,597
2024 · €233,368-€105,771
Balance sheet total
€1.1m
2024 · €1.2m-€79,012
Largest movements
Assets
- Cash -€105,771
down €105,771 (-45.3%), from €233,368 to €127,597
mainly Contributions, distributions and other (-€67,000) and Deferred charges and accrued income (-€27,007)
- Deferred charges and accrued income +€27,007
new in 2025: €27,007
Equity and liabilities
- Reserves -€40,127
down €40,127 (-6.2%), from €643,234 to €603,107
of which Distributable reserves: -€35,100
- Debts after one year -€17,800
down €17,800 (-7.6%), from €234,367 to €216,567
- Tax, wage and social debts -€13,246
down €13,246 (-59.2%), from €22,367 to €9,121
Income statement
- Gross operating margin -€143,823
down €143,823 (-78.2%), from €183,941 to €40,118
- Taxes -€43,876
down €43,876 (-76.9%), from €57,033 to €13,157
- Financial income -€2,820
down €2,820 (-11.7%), from €24,060 to €21,240
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.
Result 2024
€128,231
Gross operating margin
-€143,823
Depreciation
-€764
Other operating charges
+€908
Financial income
-€2,820
Financial charges
+€1,307
Taxes
+€43,876
Result 2025
€26,915
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.
From operations
-€13,035
Investment
-€7,936
Financing
-€84,800
Cash 2024
€233,368
From operations (derived)
-€13,035
Net result for the year
+€26,915
Depreciation
+€16,805
Receivables within one year
-€8,622
Deferred charges and accrued income
-€27,007
Provisions
-€1,608
Trade debts
+€735
Tax, wage and social debts
-€13,246
Other debts
+€870
Accrued charges and deferred income
-€7,878
Investment (derived)
-€7,936
Investment in fixed assets (net)
-€7,936
Financing
-€84,800
Debts after one year
-€17,800
Contributions, distributions and other
-€67,000
Cash 2025
€127,597
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,171,784 | €1,092,772 | -€79,012 | -6.7% |
| Fixed assets | 21/28 | €512,081 | €503,212 | -€8,869 | -1.7% |
| Tangible fixed assets | 22/27 | €511,181 | €501,656 | -€9,525 | -1.9% |
| Land and buildings | 22 | €505,677 | €490,718 | -€14,959 | -3.0% |
| Plant, machinery and equipment | 23 | €54 | €0 | -€54 | -100.0% |
| Furniture and vehicles | 24 | €5,450 | €10,938 | +€5,488 | +100.7% |
| Financial fixed assets | 28 | €900 | €1,556 | +€656 | +72.9% |
| Current assets | 29/58 | €659,703 | €589,560 | -€70,143 | -10.6% |
| Amounts receivable after more than one year | 29 | €300,000 | €300,000 | = | 0.0% |
| Other amounts receivable | 291 | €300,000 | €300,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €126,335 | €134,956 | +€8,622 | +6.8% |
| Trade receivables | 40 | €117,150 | €129,958 | +€12,808 | +10.9% |
| Other amounts receivable | 41 | €9,185 | €4,998 | -€4,186 | -45.6% |
| Cash at bank and in hand | 54/58 | €233,368 | €127,597 | -€105,771 | -45.3% |
| Deferred charges and accrued income | 490/1 | - | €27,007 | +€27,007 | |
| Total equity and liabilities | 10/49 | €1,171,784 | €1,092,772 | -€79,012 | -6.7% |
| Equity | 10/15 | €843,610 | €803,525 | -€40,085 | -4.8% |
| Contributions | 10/11 | €199,200 | €199,200 | = | 0.0% |
| Capital | 10 | €199,200 | €199,200 | = | 0.0% |
| Issued capital | 100 | €199,200 | €199,200 | = | 0.0% |
| Reserves | 13 | €643,234 | €603,107 | -€40,127 | -6.2% |
| Non-distributable reserves | 130/1 | €19,920 | €19,920 | = | 0.0% |
| Legal reserve | 130 | €19,920 | €19,920 | = | 0.0% |
| Tax-exempt reserves | 132 | €129,314 | €124,287 | -€5,027 | -3.9% |
| Distributable reserves | 133 | €494,000 | €458,900 | -€35,100 | -7.1% |
| Profit (loss) carried forward | 14 | €1,176 | €1,218 | +€42 | +3.6% |
| Provisions and deferred taxes | 16 | €41,373 | €39,765 | -€1,608 | -3.9% |
| Deferred taxes | 168 | €41,373 | €39,765 | -€1,608 | -3.9% |
| Amounts payable | 17/49 | €286,800 | €249,482 | -€37,318 | -13.0% |
| Amounts payable after more than one year | 17 | €234,367 | €216,567 | -€17,800 | -7.6% |
| Financial debts | 170/4 | €234,367 | €216,567 | -€17,800 | -7.6% |
| Amounts payable within one year | 42/48 | €42,666 | €31,025 | -€11,641 | -27.3% |
| Current portion of amounts payable after more than one year | 42 | €17,800 | €17,800 | = | 0.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €2,286 | €3,021 | +€735 | +32.1% |
| Suppliers | 440/4 | €2,286 | €3,021 | +€735 | +32.1% |
| Taxes, remuneration and social security | 45 | €22,367 | €9,121 | -€13,246 | -59.2% |
| Taxes | 450/3 | €22,367 | €9,121 | -€13,246 | -59.2% |
| Other amounts payable | 47/48 | €212 | €1,083 | +€870 | +409.9% |
| Accrued charges and deferred income | 492/3 | €9,767 | €1,890 | -€7,878 | -80.7% |
| Non-recurring operating income | 76A | €179,513 | €0 | -€179,513 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,041 | €16,805 | +€764 | +4.8% |
| Other operating charges | 640/8 | €4,103 | €3,195 | -€908 | -22.1% |
| Gross operating margin | 9900 | €183,941 | €40,118 | -€143,823 | -78.2% |
| Operating profit (loss) | 9901 | €163,797 | €20,118 | -€143,679 | -87.7% |
| Financial income | 75/76B | €24,060 | €21,240 | -€2,820 | -11.7% |
| Recurring financial income | 75 | €24,060 | €21,240 | -€2,820 | -11.7% |
| Financial charges | 65/66B | €4,201 | €2,894 | -€1,307 | -31.1% |
| Recurring financial charges | 65 | €4,201 | €2,894 | -€1,307 | -31.1% |
| Profit (loss) for the period before taxes | 9903 | €183,656 | €38,464 | -€145,192 | -79.1% |
| Transfer from deferred taxes | 780 | €1,608 | €1,608 | = | 0.0% |
| Income taxes | 67/77 | €57,033 | €13,157 | -€43,876 | -76.9% |
| Profit (loss) for the period | 9904 | €128,231 | €26,915 | -€101,316 | -79.0% |
| Transfer from tax-exempt reserves | 789 | €5,027 | €5,027 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €133,258 | €31,942 | -€101,316 | -76.0% |
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 10 October 2026 via checked.be.