SCAC: 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.
SCAC
Largest movements
- Tangible fixed assets +€181,134
up €181,134 (+130.2%), from €139,144 to €320,278
of which Plant, machinery and equipment: +€134,051
- Receivables within one year +€61,078
up €61,078 (+59.3%), from €102,999 to €164,078
of which Trade receivables: +€31,078
- Cash -€36,177
down €36,177 (-68.4%), from €52,874 to €16,697
mainly Investment in fixed assets (net) (-€195,160) and Receivables within one year (-€61,078)
- Intangible fixed assets -€15,000
down €15,000 (-100.0%), from €15,000 to €0
- Debts after one year +€114,689
up €114,689 (+111.1%), from €103,264 to €217,953
- Reserves +€50,000
up €50,000 (+135.6%), from €36,860 to €86,860
of which Distributable reserves: +€50,000
- Profit (loss) carried forward +€20,833
up €20,833 (+25.6%), from €81,493 to €102,325
- Other debts -€13,776
down €13,776 (-100.0%), from €13,776 to €0
- Tax, wage and social debts +€10,232
up €10,232 (+29.5%), from €34,738 to €44,970
of which Taxes: +€9,915
- Gross operating margin +€58,007
up €58,007 (+63.7%), from €91,066 to €149,072
- Taxes +€11,296
up €11,296 (+67.8%), from €16,662 to €27,958
- Staff costs +€9,812
up €9,812 (+414.5%), from €2,367 to €12,179
- Financial charges +€3,963
up €3,963 (+138.6%), from €2,860 to €6,823
- Depreciation +€3,010
up €3,010 (+11.6%), from €26,016 to €29,026
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 | €310,277 | €501,312 | +€191,035 | +61.6% |
| Fixed assets | 21/28 | €154,404 | €320,537 | +€166,134 | +107.6% |
| Intangible fixed assets | 21 | €15,000 | €0 | -€15,000 | -100.0% |
| Tangible fixed assets | 22/27 | €139,144 | €320,278 | +€181,134 | +130.2% |
| Land and buildings | 22 | €125,363 | €121,596 | -€3,767 | -3.0% |
| Plant, machinery and equipment | 23 | - | €134,051 | +€134,051 | |
| Furniture and vehicles | 24 | €13,781 | €29,531 | +€15,750 | +114.3% |
| Leasing and similar rights | 25 | - | €35,100 | +€35,100 | |
| Financial fixed assets | 28 | €259 | €259 | = | 0.0% |
| Current assets | 29/58 | €155,873 | €180,774 | +€24,901 | +16.0% |
| Amounts receivable within one year | 40/41 | €102,999 | €164,078 | +€61,078 | +59.3% |
| Trade receivables | 40 | €102,999 | €134,078 | +€31,078 | +30.2% |
| Other amounts receivable | 41 | - | €30,000 | +€30,000 | |
| Cash at bank and in hand | 54/58 | €52,874 | €16,697 | -€36,177 | -68.4% |
| Total equity and liabilities | 10/49 | €310,277 | €501,312 | +€191,035 | +61.6% |
| Equity | 10/15 | €136,953 | €207,785 | +€70,833 | +51.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €36,860 | €86,860 | +€50,000 | +135.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €35,000 | €85,000 | +€50,000 | +142.9% |
| Profit (loss) carried forward | 14 | €81,493 | €102,325 | +€20,833 | +25.6% |
| Amounts payable | 17/49 | €173,324 | €293,526 | +€120,202 | +69.4% |
| Amounts payable after more than one year | 17 | €103,264 | €217,953 | +€114,689 | +111.1% |
| Financial debts | 170/4 | €103,264 | €217,953 | +€114,689 | +111.1% |
| Amounts payable within one year | 42/48 | €70,060 | €75,573 | +€5,513 | +7.9% |
| Current portion of amounts payable after more than one year | 42 | €21,546 | €23,840 | +€2,294 | +10.6% |
| Trade debts | 44 | - | €6,764 | +€6,764 | |
| Suppliers | 440/4 | - | €6,764 | +€6,764 | |
| Taxes, remuneration and social security | 45 | €34,738 | €44,970 | +€10,232 | +29.5% |
| Taxes | 450/3 | €34,074 | €43,989 | +€9,915 | +29.1% |
| Remuneration and social security | 454/9 | €664 | €981 | +€317 | +47.7% |
| Other amounts payable | 47/48 | €13,776 | €0 | -€13,776 | -100.0% |
| Remuneration, social security and pensions | 62 | €2,367 | €12,179 | +€9,812 | +414.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,016 | €29,026 | +€3,010 | +11.6% |
| Other operating charges | 640/8 | €5,215 | €2,741 | -€2,474 | -47.4% |
| Gross operating margin | 9900 | €91,066 | €149,072 | +€58,007 | +63.7% |
| Operating profit (loss) | 9901 | €57,467 | €105,126 | +€47,658 | +82.9% |
| Financial income | 75/76B | €61 | €487 | +€427 | +703.1% |
| Recurring financial income | 75 | €61 | €487 | +€427 | +703.1% |
| Financial charges | 65/66B | €2,860 | €6,823 | +€3,963 | +138.6% |
| Recurring financial charges | 65 | €2,860 | €6,823 | +€3,963 | +138.6% |
| Profit (loss) for the period before taxes | 9903 | €54,668 | €98,791 | +€44,122 | +80.7% |
| Income taxes | 67/77 | €16,662 | €27,958 | +€11,296 | +67.8% |
| Profit (loss) for the period | 9904 | €38,006 | €70,833 | +€32,826 | +86.4% |
| Profit (loss) for the period to be appropriated | 9905 | €38,006 | €70,833 | +€32,826 | +86.4% |
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 2 October 2026 via checked.be.