SCC I: 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.
What changed
SCC I
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.5m
2024 · €21.8m-€20.3m
Equity
€67.0m
2024 · €65.5m+€1.5m
Cash
€1,393
2024 · €173,070-€171,676
Balance sheet total
€89.6m
2024 · €87.3m+€2.3m
Largest movements
Assets
- Deferred charges and accrued income +€2.5m
new in 2025: €2.5m
Equity and liabilities
- Profit (loss) carried forward +€1.5m
up €1.5m (+7.1%), from €20.4m to €21.9m
Income statement
- Financial income -€20.1m
down €20.1m (-89.0%), from €22.5m to €2.5m
of which Non-recurring financial income: -€22.5m
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
€21.8m
Other operating charges
-€527
Other operating items
-€11,822
Financial income
-€20.1m
Financial charges
-€62,324
Taxes
-€180,479
Result 2025
€1.5m
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
-€171,676
Investment
€0
Financing
€0
Cash 2024
€173,070
From operations (derived)
-€171,676
Net result for the year
+€1.5m
Depreciation
+€2,323
Deferred charges and accrued income
-€2.5m
Trade debts
-€53,946
Tax, wage and social debts
+€180,479
Other debts
+€583,275
Accrued charges and deferred income
+€65,561
Cash 2025
€1,393
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €87,291,612 | €89,600,321 | +€2.3m | +2.6% |
| Formation expenses | 20 | €5,983 | €3,660 | -€2,323 | -38.8% |
| Fixed assets | 21/28 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Companies linked by participating interests | 282/3 | €0 | - | = | |
| Participating interests | 282 | €0 | - | = | |
| Current assets | 29/58 | €87,285,629 | €89,596,661 | +€2.3m | +2.6% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €87,112,560 | €87,112,560 | = | 0.0% |
| Other amounts receivable | 41 | €87,112,560 | €87,112,560 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €173,070 | €1,393 | -€171,676 | -99.2% |
| Deferred charges and accrued income | 490/1 | - | €2,482,708 | +€2.5m | |
| Total equity and liabilities | 10/49 | €87,291,612 | €89,600,321 | +€2.3m | +2.6% |
| Equity | 10/15 | €65,500,008 | €67,033,348 | +€1.5m | +2.3% |
| Contributions | 10/11 | €44,000,000 | €44,000,000 | = | 0.0% |
| Capital | 10 | €44,000,000 | €44,000,000 | = | 0.0% |
| Issued capital | 100 | €44,000,000 | €44,000,000 | = | 0.0% |
| Reserves | 13 | €1,075,000 | €1,151,667 | +€76,667 | +7.1% |
| Non-distributable reserves | 130/1 | €1,075,000 | €1,151,667 | +€76,667 | +7.1% |
| Legal reserve | 130 | €1,075,000 | €1,151,667 | +€76,667 | +7.1% |
| Profit (loss) carried forward | 14 | €20,425,007 | €21,881,681 | +€1.5m | +7.1% |
| Amounts payable | 17/49 | €21,791,604 | €22,566,973 | +€775,369 | +3.6% |
| Amounts payable within one year | 42/48 | €21,239,783 | €21,949,591 | +€709,808 | +3.3% |
| Trade debts | 44 | €69,283 | €15,336 | -€53,946 | -77.9% |
| Suppliers | 440/4 | €69,283 | €15,336 | -€53,946 | -77.9% |
| Taxes, remuneration and social security | 45 | - | €180,479 | +€180,479 | |
| Taxes | 450/3 | - | €180,479 | +€180,479 | |
| Other amounts payable | 47/48 | €21,170,500 | €21,753,775 | +€583,275 | +2.8% |
| Accrued charges and deferred income | 492/3 | €551,822 | €617,383 | +€65,561 | +11.9% |
| Operating charges | 60/66A | €141,673 | €154,022 | +€12,348 | +8.7% |
| Services and other goods | 61 | €138,243 | €150,064 | +€11,822 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,323 | €2,323 | = | 0.0% |
| Other operating charges | 640/8 | €1,108 | €1,635 | +€527 | +47.5% |
| Operating profit (loss) | 9901 | -€141,673 | -€154,022 | -€12,348 | -8.7% |
| Financial income | 75/76B | €22,537,560 | €2,482,708 | -€20.1m | -89.0% |
| Recurring financial income | 75 | €22,537,560 | €2,482,708 | -€20.1m | -89.0% |
| Income from current assets | 751 | - | €2,482,708 | +€2.5m | |
| Non-recurring financial income | 76B | €22,537,560 | €0 | -€22.5m | -100.0% |
| Financial charges | 65/66B | €552,543 | €614,867 | +€62,324 | +11.3% |
| Recurring financial charges | 65 | €552,543 | €614,867 | +€62,324 | +11.3% |
| Debt charges | 650 | €551,775 | €614,160 | +€62,384 | +11.3% |
| Other financial charges | 652/9 | €768 | €708 | -€60 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | €21,843,343 | €1,713,819 | -€20.1m | -92.2% |
| Income taxes | 67/77 | - | €180,479 | +€180,479 | |
| Taxes | 670/3 | - | €180,479 | +€180,479 | |
| Profit (loss) for the period | 9904 | €21,843,343 | €1,533,340 | -€20.3m | -93.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,843,343 | €1,533,340 | -€20.3m | -93.0% |
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 3 October 2026 via checked.be.