"SCARDICOM": 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.
"SCARDICOM"
Largest movements
- Tangible fixed assets -€330,241
down €330,241 (-31.4%), from €1.1m to €721,102
- Cash -€57,248
down €57,248 (-26.0%), from €219,961 to €162,714
mainly Net result for the year (-€318,033) and Debts after one year (-€236,506)
- Receivables within one year +€46,961
up €46,961 (+31.9%), from €147,043 to €194,004
of which Trade receivables: +€63,123
- Deferred charges and accrued income -€26,668
down €26,668 (-75.8%), from €35,194 to €8,526
- Profit (loss) carried forward -€318,033
down €318,033, from €194,540 to -€123,493
- Debts after one year -€236,506
down €236,506 (-22.8%), from €1.0m to €802,026
of which Other amounts payable: -€147,806
- Accrued charges and deferred income +€149,682
up €149,682 (+598.4%), from €25,015 to €174,697
- Trade debts +€71,329
up €71,329 (+135.7%), from €52,553 to €123,882
- Short-term financial debts -€32,040
down €32,040 (-88.8%), from €36,081 to €4,041
- Gross operating margin -€456,134
down €456,134 (-83.6%), from €545,435 to €89,301
- Financial income +€166,472
up €166,472 (+109298.0%), from €152 to €166,624
of which Non-recurring financial income: +€166,621
- Depreciation +€104,253
up €104,253 (+117.8%), from €88,503 to €192,756
- Staff costs +€64,548
up €64,548 (+23.7%), from €272,538 to €337,086
- Taxes -€34,474
down €34,474 (-100.0%), from €34,474 to €0
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,488,015 | €1,114,920 | -€373,095 | -25.1% |
| Fixed assets | 21/28 | €1,085,817 | €749,676 | -€336,141 | -31.0% |
| Tangible fixed assets | 22/27 | €1,051,342 | €721,102 | -€330,241 | -31.4% |
| Land and buildings | 22 | €654,801 | €513,452 | -€141,349 | -21.6% |
| Plant, machinery and equipment | 23 | €172,701 | €59,073 | -€113,628 | -65.8% |
| Furniture and vehicles | 24 | €223,840 | €148,576 | -€75,264 | -33.6% |
| Financial fixed assets | 28 | €34,475 | €28,575 | -€5,900 | -17.1% |
| Current assets | 29/58 | €402,198 | €365,244 | -€36,954 | -9.2% |
| Amounts receivable within one year | 40/41 | €147,043 | €194,004 | +€46,961 | +31.9% |
| Trade receivables | 40 | €130,881 | €194,004 | +€63,123 | +48.2% |
| Other amounts receivable | 41 | €16,162 | €0 | -€16,162 | -100.0% |
| Cash at bank and in hand | 54/58 | €219,961 | €162,714 | -€57,248 | -26.0% |
| Deferred charges and accrued income | 490/1 | €35,194 | €8,526 | -€26,668 | -75.8% |
| Total equity and liabilities | 10/49 | €1,488,015 | €1,114,920 | -€373,095 | -25.1% |
| Equity | 10/15 | €204,678 | -€113,355 | -€318,033 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €3,938 | €3,938 | = | 0.0% |
| Distributable reserves | 133 | €3,938 | €3,938 | = | 0.0% |
| Profit (loss) carried forward | 14 | €194,540 | -€123,493 | -€318,033 | |
| Amounts payable | 17/49 | €1,283,337 | €1,228,275 | -€55,062 | -4.3% |
| Amounts payable after more than one year | 17 | €1,038,532 | €802,026 | -€236,506 | -22.8% |
| Financial debts | 170/4 | €693,567 | €604,867 | -€88,700 | -12.8% |
| Other amounts payable | 178/9 | €344,965 | €197,159 | -€147,806 | -42.8% |
| Amounts payable within one year | 42/48 | €219,791 | €251,552 | +€31,762 | +14.5% |
| Current portion of amounts payable after more than one year | 42 | €51,404 | €53,524 | +€2,121 | +4.1% |
| Financial debts | 43 | €36,081 | €4,041 | -€32,040 | -88.8% |
| Credit institutions | 430/8 | €36,081 | €4,041 | -€32,040 | -88.8% |
| Trade debts | 44 | €52,553 | €123,882 | +€71,329 | +135.7% |
| Suppliers | 440/4 | €52,553 | €123,882 | +€71,329 | +135.7% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €60,553 | €70,104 | +€9,552 | +15.8% |
| Taxes | 450/3 | €15,531 | €16,965 | +€1,434 | +9.2% |
| Remuneration and social security | 454/9 | €45,022 | €53,139 | +€8,117 | +18.0% |
| Other amounts payable | 47/48 | €19,200 | €0 | -€19,200 | -100.0% |
| Accrued charges and deferred income | 492/3 | €25,015 | €174,697 | +€149,682 | +598.4% |
| Non-recurring operating income | 76A | - | €7,345 | +€7,345 | |
| Remuneration, social security and pensions | 62 | €272,538 | €337,086 | +€64,548 | +23.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,503 | €192,756 | +€104,253 | +117.8% |
| Other operating charges | 640/8 | €3,576 | €8,716 | +€5,139 | +143.7% |
| Non-recurring operating charges | 66A | - | €16,139 | +€16,139 | |
| Gross operating margin | 9900 | €545,435 | €89,301 | -€456,134 | -83.6% |
| Operating profit (loss) | 9901 | €180,818 | -€465,395 | -€646,213 | |
| Financial income | 75/76B | €152 | €166,624 | +€166,472 | +109298.0% |
| Recurring financial income | 75 | €152 | €3 | -€149 | -98.0% |
| Non-recurring financial income | 76B | - | €166,621 | +€166,621 | |
| Financial charges | 65/66B | €15,516 | €19,262 | +€3,746 | +24.1% |
| Recurring financial charges | 65 | €15,516 | €19,262 | +€3,746 | +24.1% |
| Profit (loss) for the period before taxes | 9903 | €165,455 | -€318,033 | -€483,488 | |
| Income taxes | 67/77 | €34,474 | €0 | -€34,474 | -100.0% |
| Profit (loss) for the period | 9904 | €130,980 | -€318,033 | -€449,013 | |
| Profit (loss) for the period to be appropriated | 9905 | €130,980 | -€318,033 | -€449,013 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.