SciCom: 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.
SciCom
Largest movements
- Cash -€438,162
down €438,162 (-49.7%), from €881,443 to €443,281
mainly Current investments (-€400,000) and Accrued charges and deferred income (-€70,820)
- Current investments +€400,000
up €400,000 (+237%), from €168,507 to €568,507
- Receivables within one year -€27,048
down €27,048 (-22.1%), from €122,240 to €95,191
of which Trade receivables: -€29,070
- Reserves +€95,000
up €95,000 (+61.1%), from €155,390 to €250,390
of which Distributable reserves: +€95,000
- Accrued charges and deferred income -€70,820
down €70,820 (-13.1%), from €539,775 to €468,955
- Other debts -€69,198
down €69,198 (-85.8%), from €80,617 to €11,419
- Write-downs +€73,326
up €73,326 (+440%), from €16,674 to €90,000
- Other operating charges -€59,775
no longer reported in 2023 (was €59,775)
- Gross operating margin +€35,064
up €35,064 (+21.0%), from €166,802 to €201,867
- Depreciation -€13,885
down €13,885 (-86.7%), from €16,009 to €2,124
- Taxes +€10,869
up €10,869 (+34.9%), from €31,135 to €42,003
From the 2022 result to the 2023 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.
Derived cash bridge
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,277,375 | €1,215,888 | -€61,487 | -4.8% |
| Fixed assets | 21/28 | €104,907 | €102,783 | -€2,124 | -2.0% |
| Tangible fixed assets | 22/27 | €103,587 | €101,463 | -€2,124 | -2.1% |
| Land and buildings | 22 | €101,244 | €100,936 | -€307 | -0.3% |
| Furniture and vehicles | 24 | €1,469 | €527 | -€943 | -64.2% |
| Other tangible fixed assets | 26 | €874 | - | -€874 | |
| Financial fixed assets | 28 | €1,320 | €1,320 | = | 0.0% |
| Current assets | 29/58 | €1,172,468 | €1,113,105 | -€59,363 | -5.1% |
| Amounts receivable within one year | 40/41 | €122,240 | €95,191 | -€27,048 | -22.1% |
| Trade receivables | 40 | €122,217 | €93,147 | -€29,070 | -23.8% |
| Other amounts receivable | 41 | €23 | €2,044 | +€2,021 | +8,812% |
| Current investments | 50/53 | €168,507 | €568,507 | +€400,000 | +237% |
| Cash at bank and in hand | 54/58 | €881,443 | €443,281 | -€438,162 | -49.7% |
| Deferred charges and accrued income | 490/1 | €279 | €6,126 | +€5,847 | +2,096% |
| Total equity and liabilities | 10/49 | €1,277,375 | €1,215,888 | -€61,487 | -4.8% |
| Equity | 10/15 | €404,681 | €499,705 | +€95,025 | +23.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €155,390 | €250,390 | +€95,000 | +61.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €153,530 | €248,530 | +€95,000 | +61.9% |
| Profit (loss) carried forward | 14 | €236,891 | €236,915 | +€25 | 0.0% |
| Amounts payable | 17/49 | €872,694 | €716,182 | -€156,512 | -17.9% |
| Amounts payable within one year | 42/48 | €332,920 | €247,228 | -€85,692 | -25.7% |
| Trade debts | 44 | €43,763 | €35,400 | -€8,363 | -19.1% |
| Suppliers | 440/4 | €43,363 | €35,000 | -€8,363 | -19.3% |
| Bills of exchange payable | 441 | €400 | €400 | = | 0.0% |
| Advances received on contracts in progress | 46 | €108,359 | €108,359 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €100,181 | €92,050 | -€8,131 | -8.1% |
| Taxes | 450/3 | €100,181 | €92,050 | -€8,131 | -8.1% |
| Other amounts payable | 47/48 | €80,617 | €11,419 | -€69,198 | -85.8% |
| Accrued charges and deferred income | 492/3 | €539,775 | €468,955 | -€70,820 | -13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,009 | €2,124 | -€13,885 | -86.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €16,674 | €90,000 | +€73,326 | +440% |
| Other operating charges | 640/8 | €59,775 | - | -€59,775 | |
| Gross operating margin | 9900 | €166,802 | €201,867 | +€35,064 | +21.0% |
| Operating profit (loss) | 9901 | €74,343 | €109,743 | +€35,399 | +47.6% |
| Financial income | 75/76B | €32,569 | €27,426 | -€5,143 | -15.8% |
| Recurring financial income | 75 | €32,569 | €27,426 | -€5,143 | -15.8% |
| Financial charges | 65/66B | €4,773 | €141 | -€4,631 | -97.0% |
| Recurring financial charges | 65 | €4,773 | €141 | -€4,631 | -97.0% |
| Profit (loss) for the period before taxes | 9903 | €102,140 | €137,028 | +€34,888 | +34.2% |
| Income taxes | 67/77 | €31,135 | €42,003 | +€10,869 | +34.9% |
| Profit (loss) for the period | 9904 | €71,005 | €95,025 | +€24,020 | +33.8% |
| Profit (loss) for the period to be appropriated | 9905 | €71,005 | €95,025 | +€24,020 | +33.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.