SCH Law: 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.
SCH Law
Largest movements
- Cash -€38,474
down €38,474 (-60.5%), from €63,553 to €25,080
mainly Contributions, distributions and other (-€123,000) and Tax, wage and social debts (-€7,271)
- Receivables within one year -€36,611
down €36,611 (-93.6%), from €39,103 to €2,492
of which Trade receivables: -€28,790
- Tangible fixed assets -€1,150
down €1,150 (-50.0%), from €2,300 to €1,150
- Reserves -€85,000
no longer reported in 2025 (was €85,000)
- Other debts +€15,226
new in 2025: €15,226
- Tax, wage and social debts -€7,271
down €7,271 (-53.8%), from €13,526 to €6,255
- Gross operating margin +€5,445
up €5,445 (+12.1%), from €45,073 to €50,518
- Taxes +€1,577
up €1,577 (+17.9%), from €8,820 to €10,398
- Other operating charges -€772
down €772 (-65.9%), from €1,172 to €400
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 | €104,957 | €28,722 | -€76,235 | -72.6% |
| Fixed assets | 21/28 | €2,300 | €1,150 | -€1,150 | -50.0% |
| Tangible fixed assets | 22/27 | €2,300 | €1,150 | -€1,150 | -50.0% |
| Furniture and vehicles | 24 | €2,300 | €1,150 | -€1,150 | -50.0% |
| Current assets | 29/58 | €102,657 | €27,572 | -€75,085 | -73.1% |
| Amounts receivable within one year | 40/41 | €39,103 | €2,492 | -€36,611 | -93.6% |
| Trade receivables | 40 | €30,000 | €1,210 | -€28,790 | -96.0% |
| Other amounts receivable | 41 | €9,103 | €1,282 | -€7,821 | -85.9% |
| Cash at bank and in hand | 54/58 | €63,553 | €25,080 | -€38,474 | -60.5% |
| Total equity and liabilities | 10/49 | €104,957 | €28,722 | -€76,235 | -72.6% |
| Equity | 10/15 | €86,774 | €2,141 | -€84,633 | -97.5% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €85,000 | - | -€85,000 | |
| Distributable reserves | 133 | €85,000 | - | -€85,000 | |
| Profit (loss) carried forward | 14 | €274 | €641 | +€367 | +133.7% |
| Amounts payable | 17/49 | €18,182 | €26,580 | +€8,398 | +46.2% |
| Amounts payable within one year | 42/48 | €18,182 | €26,580 | +€8,398 | +46.2% |
| Trade debts | 44 | €4,656 | €5,100 | +€444 | +9.5% |
| Suppliers | 440/4 | €4,656 | €5,100 | +€444 | +9.5% |
| Taxes, remuneration and social security | 45 | €13,526 | €6,255 | -€7,271 | -53.8% |
| Taxes | 450/3 | €13,526 | €6,255 | -€7,271 | -53.8% |
| Other amounts payable | 47/48 | - | €15,226 | +€15,226 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,150 | €1,150 | = | 0.0% |
| Other operating charges | 640/8 | €1,172 | €400 | -€772 | -65.9% |
| Gross operating margin | 9900 | €45,073 | €50,518 | +€5,445 | +12.1% |
| Operating profit (loss) | 9901 | €42,752 | €48,969 | +€6,217 | +14.5% |
| Financial charges | 65/66B | €154 | €204 | +€50 | +32.6% |
| Recurring financial charges | 65 | €154 | €204 | +€50 | +32.6% |
| Profit (loss) for the period before taxes | 9903 | €42,598 | €48,764 | +€6,167 | +14.5% |
| Income taxes | 67/77 | €8,820 | €10,398 | +€1,577 | +17.9% |
| Profit (loss) for the period | 9904 | €33,777 | €38,367 | +€4,589 | +13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €33,777 | €38,367 | +€4,589 | +13.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.