SCI: 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
SCI
NACE 68.121, Development of residential building projects
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€53,798
2024 · -€3,368+€57,166
Equity
€1.9m
2024 · €1.8m+€53,338
Cash
€170,150
2024 · €118,318+€51,831
Balance sheet total
€4.7m
2024 · €4.6m+€127,958
Largest movements
Assets
- Stocks and contracts +€197,034
up €197,034 (+60.6%), from €324,888 to €521,921
- Receivables within one year -€106,261
down €106,261 (-5.4%), from €2.0m to €1.9m
of which Other amounts receivable: -€96,750
- Cash +€51,831
up €51,831 (+43.8%), from €118,318 to €170,150
mainly Receivables within one year (+€106,261) and Trade debts (+€95,369)
Equity and liabilities
- Trade debts +€95,369
up €95,369 (+87.8%), from €108,599 to €203,968
- Reserves +€53,338
up €53,338 (+3.0%), from €1.8m to €1.8m
of which Distributable reserves: +€73,650
Income statement
- Services and other goods -€41,793
down €41,793 (-37.0%), from €113,103 to €71,310
- Goods and materials +€40,072
up €40,072 (+50.3%), from €79,640 to €119,712
- Turnover +€31,114
up €31,114 (+7.4%), from €418,832 to €449,946
- Financial income +€11,125
up €11,125 (+129.6%), from €8,586 to €19,711
- Other operating charges -€9,986
down €9,986 (-29.0%), from €34,399 to €24,413
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
-€3,368
Turnover
+€31,114
Other operating income
+€1,979
Goods and materials
-€40,072
Services and other goods
+€41,793
Staff costs
+€8,036
Depreciation
-€1,284
Other operating charges
+€9,986
Other operating items
+€613
Financial income
+€11,125
Financial charges
+€3,094
Taxes
-€8,259
Deferred taxes and other
-€960
Result 2025
€53,798
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
+€90,409
Investment
-€22,873
Financing
-€15,704
Cash 2024
€118,318
From operations (derived)
+€90,409
Net result for the year
+€53,798
Depreciation
+€59,443
Stocks and contracts
-€197,034
Receivables within one year
+€106,261
Deferred charges and accrued income
-€21,924
Provisions
-€4,704
Trade debts
+€95,369
Tax, wage and social debts
+€4,238
Other debts
+€79
Accrued charges and deferred income
-€5,117
Investment (derived)
-€22,873
Investment in fixed assets (net)
-€22,873
Financing
-€15,704
Current portion of long-term debt
-€15,244
Contributions, distributions and other
-€460
Cash 2025
€170,150
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,615,734 | €4,743,693 | +€127,958 | +2.8% |
| Fixed assets | 21/28 | €1,262,981 | €1,226,411 | -€36,570 | -2.9% |
| Tangible fixed assets | 22/27 | €1,261,541 | €1,224,971 | -€36,570 | -2.9% |
| Land and buildings | 22 | €1,261,541 | €1,224,971 | -€36,570 | -2.9% |
| Financial fixed assets | 28 | €1,440 | €1,440 | = | 0.0% |
| Affiliated companies | 280/1 | €1,440 | €1,440 | = | 0.0% |
| Participating interests | 280 | €1,440 | €1,440 | = | 0.0% |
| Current assets | 29/58 | €3,352,753 | €3,517,282 | +€164,528 | +4.9% |
| Amounts receivable after more than one year | 29 | €941,871 | €941,871 | = | 0.0% |
| Other amounts receivable | 291 | €941,871 | €941,871 | = | 0.0% |
| Stocks and contracts in progress | 3 | €324,888 | €521,921 | +€197,034 | +60.6% |
| Stocks | 30/36 | €324,888 | €521,921 | +€197,034 | +60.6% |
| Property held for sale | 35 | €324,888 | €521,921 | +€197,034 | +60.6% |
| Amounts receivable within one year | 40/41 | €1,957,997 | €1,851,736 | -€106,261 | -5.4% |
| Trade receivables | 40 | €44,968 | €35,456 | -€9,511 | -21.2% |
| Other amounts receivable | 41 | €1,913,030 | €1,816,280 | -€96,750 | -5.1% |
| Cash at bank and in hand | 54/58 | €118,318 | €170,150 | +€51,831 | +43.8% |
| Deferred charges and accrued income | 490/1 | €9,680 | €31,604 | +€21,924 | +226.5% |
| Total equity and liabilities | 10/49 | €4,615,734 | €4,743,693 | +€127,958 | +2.8% |
| Equity | 10/15 | €1,835,147 | €1,888,485 | +€53,338 | +2.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,773,147 | €1,826,485 | +€53,338 | +3.0% |
| Non-distributable reserves | 130/1 | €6,200 | - | -€6,200 | |
| Legal reserve | 130 | €6,200 | - | -€6,200 | |
| Tax-exempt reserves | 132 | €197,627 | €183,515 | -€14,112 | -7.1% |
| Distributable reserves | 133 | €1,569,320 | €1,642,970 | +€73,650 | +4.7% |
| Provisions and deferred taxes | 16 | €65,876 | €61,172 | -€4,704 | -7.1% |
| Deferred taxes | 168 | €65,876 | €61,172 | -€4,704 | -7.1% |
| Amounts payable | 17/49 | €2,714,711 | €2,794,036 | +€79,324 | +2.9% |
| Amounts payable after more than one year | 17 | €215,000 | €215,000 | = | 0.0% |
| Other amounts payable | 178/9 | €215,000 | €215,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,484,387 | €2,568,829 | +€84,442 | +3.4% |
| Current portion of amounts payable after more than one year | 42 | €15,244 | - | -€15,244 | |
| Financial debts | 43 | €205,000 | €205,000 | = | 0.0% |
| Other loans | 439 | €205,000 | €205,000 | = | 0.0% |
| Trade debts | 44 | €108,599 | €203,968 | +€95,369 | +87.8% |
| Suppliers | 440/4 | €108,599 | €203,968 | +€95,369 | +87.8% |
| Taxes, remuneration and social security | 45 | €24,862 | €29,100 | +€4,238 | +17.0% |
| Taxes | 450/3 | €6,809 | €21,857 | +€15,048 | +221.0% |
| Remuneration and social security | 454/9 | €18,053 | €7,243 | -€10,810 | -59.9% |
| Other amounts payable | 47/48 | €2,130,682 | €2,130,761 | +€79 | 0.0% |
| Accrued charges and deferred income | 492/3 | €15,324 | €10,207 | -€5,117 | -33.4% |
| Operating income | 70/76A | €420,593 | €454,300 | +€33,707 | +8.0% |
| Turnover | 70 | €418,832 | €449,946 | +€31,114 | +7.4% |
| Other operating income | 74 | €1,762 | €3,741 | +€1,979 | +112.4% |
| Non-recurring operating income | 76A | - | €613 | +€613 | |
| Operating charges | 60/66A | €406,599 | €388,140 | -€18,459 | -4.5% |
| Goods for resale, raw materials and consumables | 60 | €79,640 | €119,712 | +€40,072 | +50.3% |
| Purchases | 600/8 | €79,640 | €119,712 | +€40,072 | +50.3% |
| Services and other goods | 61 | €113,103 | €71,310 | -€41,793 | -37.0% |
| Remuneration, social security and pensions | 62 | €121,297 | €113,261 | -€8,036 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,159 | €59,443 | +€1,284 | +2.2% |
| Other operating charges | 640/8 | €34,399 | €24,413 | -€9,986 | -29.0% |
| Operating profit (loss) | 9901 | €13,994 | €66,161 | +€52,167 | +372.8% |
| Financial income | 75/76B | €8,586 | €19,711 | +€11,125 | +129.6% |
| Recurring financial income | 75 | €8,586 | €19,711 | +€11,125 | +129.6% |
| Income from current assets | 751 | €8,549 | €18,576 | +€10,027 | +117.3% |
| Other financial income | 752/9 | €37 | €1,134 | +€1,098 | +3003.6% |
| Financial charges | 65/66B | €29,053 | €25,959 | -€3,094 | -10.6% |
| Recurring financial charges | 65 | €29,053 | €25,959 | -€3,094 | -10.6% |
| Debt charges | 650 | €21,811 | €22,909 | +€1,099 | +5.0% |
| Other financial charges | 652/9 | €7,242 | €3,050 | -€4,193 | -57.9% |
| Profit (loss) for the period before taxes | 9903 | -€6,473 | €59,912 | +€66,385 | |
| Transfer from deferred taxes | 780 | €5,511 | €4,551 | -€960 | -17.4% |
| Income taxes | 67/77 | €2,406 | €10,665 | +€8,259 | +343.3% |
| Taxes | 670/3 | €2,406 | €10,665 | +€8,259 | +343.3% |
| Profit (loss) for the period | 9904 | -€3,368 | €53,798 | +€57,166 | |
| Transfer from tax-exempt reserves | 789 | €13,734 | €13,652 | -€82 | -0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,366 | €67,450 | +€57,084 | +550.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.