SCAI: 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.
SCAI
Largest movements
- Current investments +€121,263
up €121,263 (+209%), from €57,923 to €179,186
- Cash -€92,785
down €92,785 (-42.0%), from €221,156 to €128,372
mainly Current investments (-€121,263) and Contributions, distributions and other (-€52,275)
- Receivables within one year +€12,872
up €12,872 (+50.9%), from €25,293 to €38,165
- Receivables after one year -€7,892
down €7,892 (-8.3%), from €95,437 to €87,545
- Tangible fixed assets -€7,861
down €7,861 (-67.9%), from €11,584 to €3,723
- Reserves +€26,844
up €26,844 (+6.8%), from €394,571 to €421,415
- Financial income +€2,621
up €2,621 (+118%), from €2,220 to €4,841
- Financial charges +€2,050
up €2,050, from -€596 to €1,455
- Gross operating margin +€1,606
up €1,606 (+1.4%), from €113,261 to €114,866
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.
Derived cash bridge
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 | €411,892 | €438,905 | +€27,013 | +6.6% |
| Fixed assets | 21/28 | €11,584 | €3,723 | -€7,861 | -67.9% |
| Tangible fixed assets | 22/27 | €11,584 | €3,723 | -€7,861 | -67.9% |
| Furniture and vehicles | 24 | €11,584 | €3,723 | -€7,861 | -67.9% |
| Current assets | 29/58 | €400,308 | €435,182 | +€34,874 | +8.7% |
| Amounts receivable after more than one year | 29 | €95,437 | €87,545 | -€7,892 | -8.3% |
| Other amounts receivable | 291 | €95,437 | €87,545 | -€7,892 | -8.3% |
| Amounts receivable within one year | 40/41 | €25,293 | €38,165 | +€12,872 | +50.9% |
| Trade receivables | 40 | €25,293 | €38,165 | +€12,872 | +50.9% |
| Current investments | 50/53 | €57,923 | €179,186 | +€121,263 | +209% |
| Cash at bank and in hand | 54/58 | €221,156 | €128,372 | -€92,785 | -42.0% |
| Deferred charges and accrued income | 490/1 | €499 | €1,914 | +€1,415 | +284% |
| Total equity and liabilities | 10/49 | €411,892 | €438,905 | +€27,013 | +6.6% |
| Equity | 10/15 | €400,771 | €427,615 | +€26,844 | +6.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €394,571 | €421,415 | +€26,844 | +6.8% |
| Distributable reserves | 133 | €394,571 | €421,415 | +€26,844 | +6.8% |
| Amounts payable | 17/49 | €11,121 | €11,290 | +€169 | +1.5% |
| Amounts payable within one year | 42/48 | €11,121 | €11,290 | +€169 | +1.5% |
| Trade debts | 44 | €1,619 | €1,838 | +€220 | +13.6% |
| Suppliers | 440/4 | €1,619 | €1,838 | +€220 | +13.6% |
| Taxes, remuneration and social security | 45 | €9,503 | €9,452 | -€51 | -0.5% |
| Taxes | 450/3 | €9,503 | €9,452 | -€51 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,788 | €7,861 | -€927 | -10.5% |
| Other operating charges | 640/8 | €869 | €704 | -€165 | -19.0% |
| Gross operating margin | 9900 | €113,261 | €114,866 | +€1,606 | +1.4% |
| Operating profit (loss) | 9901 | €103,604 | €106,302 | +€2,698 | +2.6% |
| Financial income | 75/76B | €2,220 | €4,841 | +€2,621 | +118% |
| Recurring financial income | 75 | €2,220 | €4,841 | +€2,621 | +118% |
| Financial charges | 65/66B | -€596 | €1,455 | +€2,050 | |
| Recurring financial charges | 65 | -€596 | €1,455 | +€2,050 | |
| Profit (loss) for the period before taxes | 9903 | €106,419 | €109,688 | +€3,269 | +3.1% |
| Income taxes | 67/77 | €29,862 | €30,569 | +€707 | +2.4% |
| Profit (loss) for the period | 9904 | €76,558 | €79,119 | +€2,561 | +3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €76,558 | €79,119 | +€2,561 | +3.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.