SCC-DESIGN: 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.
SCC-DESIGN
Largest movements
- Current investments +€852,348
up €852,348 (+11.1%), from €7.7m to €8.5m
- Intangible fixed assets +€799,452
new in 2020: €799,452
- Receivables within one year -€296,954
down €296,954 (-40.7%), from €730,116 to €433,162
- Cash +€182,688
up €182,688 (+87.8%), from €208,141 to €390,829
mainly Net result for the year (+€1.7m) and Receivables within one year (+€296,954)
- Tangible fixed assets +€150,123
up €150,123 (+7.2%), from €2.1m to €2.2m
- Equity +€1.7m
up €1.7m (+24.6%), from €7.0m to €8.8m
of which Profit (loss) carried forward: +€1.7m
- Gross operating margin +€1.8m
up €1.8m (+810.3%), from €220,015 to €2.0m
- Depreciation -€120,496
down €120,496 (-29.8%), from €404,420 to €283,924
From the 2019 result to the 2020 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 2019 and 2020 balance sheets and the 2020 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,707,399 | €13,402,567 | +€1.7m | +14.5% |
| Fixed assets | 21/28 | €3,100,196 | €4,049,771 | +€949,575 | +30.6% |
| Intangible fixed assets | 21 | - | €799,452 | +€799,452 | |
| Tangible fixed assets | 22/27 | €2,099,176 | €2,249,299 | +€150,123 | +7.2% |
| Financial fixed assets | 28 | €1,001,020 | €1,001,020 | = | 0.0% |
| Current assets | 29/58 | €8,607,202 | €9,352,796 | +€745,594 | +8.7% |
| Amounts receivable within one year | 40/41 | €730,116 | €433,162 | -€296,954 | -40.7% |
| Current investments | 50/53 | €7,668,945 | €8,521,293 | +€852,348 | +11.1% |
| Cash at bank and in hand | 54/58 | €208,141 | €390,829 | +€182,688 | +87.8% |
| Total equity and liabilities | 10/49 | €11,707,399 | €13,402,567 | +€1.7m | +14.5% |
| Equity | 10/15 | €7,041,066 | €8,774,896 | +€1.7m | +24.6% |
| Contributions | 10/11 | €9,500,000 | €9,500,000 | = | 0.0% |
| Reserves | 13 | €104,964 | €104,964 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,440,228 | -€1,706,398 | +€1.7m | +50.4% |
| Amounts payable | 17/49 | €4,666,333 | €4,627,671 | -€38,661 | -0.8% |
| Amounts payable after more than one year | 17 | €3,000 | €3,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,858,647 | €3,259,372 | +€400,726 | +14.0% |
| Trade debts | 44 | €83,887 | €105,247 | +€21,360 | +25.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €404,420 | €283,924 | -€120,496 | -29.8% |
| Gross operating margin | 9900 | €220,015 | €2,002,730 | +€1.8m | +810.3% |
| Operating profit (loss) | 9901 | -€203,186 | €1,701,923 | +€1.9m | |
| Recurring financial income | 75 | €7 | €45,359 | +€45,352 | +611213.6% |
| Recurring financial charges | 65 | €14,941 | €13,452 | -€1,489 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | -€218,120 | €1,733,830 | +€2.0m | |
| Profit (loss) for the period | 9904 | -€218,120 | €1,733,830 | +€2.0m | |
| Profit (loss) for the period to be appropriated | 9905 | -€218,120 | €1,733,830 | +€2.0m |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.