SCH Management: 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.
SCH Management
Largest movements
- Cash -€9,428
down €9,428 (-48.7%), from €19,356 to €9,928
mainly Receivables after one year (-€9,151) and Advances received (-€8,451)
- Receivables after one year +€9,151
new in 2025: €9,151
- Receivables within one year -€4,904
down €4,904 (-37.5%), from €13,081 to €8,177
of which Trade receivables: -€3,687
- Tangible fixed assets -€1,386
down €1,386 (-22.4%), from €6,185 to €4,799
- Advances received -€8,451
no longer reported in 2025 (was €8,451)
- Trade debts -€5,438
down €5,438 (-90.1%), from €6,034 to €596
- Profit (loss) carried forward +€5,401
up €5,401 (+50.8%), from €10,632 to €16,033
- Other debts +€1,658
new in 2025: €1,658
- Tax, wage and social debts +€1,292
up €1,292 (+17.5%), from €7,393 to €8,685
- Gross operating margin -€5,070
down €5,070 (-31.6%), from €16,049 to €10,979
- Taxes -€1,071
down €1,071 (-32.6%), from €3,281 to €2,211
- Depreciation +€502
up €502 (+33.8%), from €1,482 to €1,984
- Financial income +€275
new in 2025: €275
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 | €38,622 | €32,055 | -€6,567 | -17.0% |
| Fixed assets | 21/28 | €6,185 | €4,799 | -€1,386 | -22.4% |
| Tangible fixed assets | 22/27 | €6,185 | €4,799 | -€1,386 | -22.4% |
| Furniture and vehicles | 24 | €6,185 | €4,799 | -€1,386 | -22.4% |
| Current assets | 29/58 | €32,437 | €27,256 | -€5,181 | -16.0% |
| Amounts receivable after more than one year | 29 | - | €9,151 | +€9,151 | |
| Other amounts receivable | 291 | - | €9,151 | +€9,151 | |
| Amounts receivable within one year | 40/41 | €13,081 | €8,177 | -€4,904 | -37.5% |
| Trade receivables | 40 | €11,864 | €8,177 | -€3,687 | -31.1% |
| Other amounts receivable | 41 | €1,217 | - | -€1,217 | |
| Cash at bank and in hand | 54/58 | €19,356 | €9,928 | -€9,428 | -48.7% |
| Total equity and liabilities | 10/49 | €38,622 | €32,055 | -€6,567 | -17.0% |
| Equity | 10/15 | €12,132 | €17,533 | +€5,401 | +44.5% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,632 | €16,033 | +€5,401 | +50.8% |
| Amounts payable | 17/49 | €26,490 | €14,522 | -€11,968 | -45.2% |
| Amounts payable after more than one year | 17 | €3,583 | €2,506 | -€1,078 | -30.1% |
| Financial debts | 170/4 | €3,583 | €2,506 | -€1,078 | -30.1% |
| Amounts payable within one year | 42/48 | €22,907 | €12,017 | -€10,890 | -47.5% |
| Current portion of amounts payable after more than one year | 42 | €1,030 | €1,078 | +€48 | +4.6% |
| Trade debts | 44 | €6,034 | €596 | -€5,438 | -90.1% |
| Suppliers | 440/4 | €6,034 | €596 | -€5,438 | -90.1% |
| Advances received on contracts in progress | 46 | €8,451 | - | -€8,451 | |
| Taxes, remuneration and social security | 45 | €7,393 | €8,685 | +€1,292 | +17.5% |
| Taxes | 450/3 | €7,393 | €8,685 | +€1,292 | +17.5% |
| Other amounts payable | 47/48 | - | €1,658 | +€1,658 | |
| Non-recurring operating income | 76A | - | €50 | +€50 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,482 | €1,984 | +€502 | +33.8% |
| Other operating charges | 640/8 | €328 | €171 | -€156 | -47.7% |
| Non-recurring operating charges | 66A | - | €1,104 | +€1,104 | |
| Gross operating margin | 9900 | €16,049 | €10,979 | -€5,070 | -31.6% |
| Operating profit (loss) | 9901 | €14,239 | €7,720 | -€6,519 | -45.8% |
| Financial income | 75/76B | - | €275 | +€275 | |
| Recurring financial income | 75 | - | €275 | +€275 | |
| Financial charges | 65/66B | €326 | €383 | +€58 | +17.7% |
| Recurring financial charges | 65 | €326 | €383 | +€58 | +17.7% |
| Profit (loss) for the period before taxes | 9903 | €13,913 | €7,612 | -€6,302 | -45.3% |
| Income taxes | 67/77 | €3,281 | €2,211 | -€1,071 | -32.6% |
| Profit (loss) for the period | 9904 | €10,632 | €5,401 | -€5,231 | -49.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,632 | €5,401 | -€5,231 | -49.2% |
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 5 October 2026 via checked.be.