SCICON: 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.
SCICON
Largest movements
- Receivables within one year -€44,439
down €44,439 (-58.0%), from €76,571 to €32,132
of which Trade receivables: -€72,857
- Tangible fixed assets -€21,413
down €21,413 (-21.0%), from €101,748 to €80,335
of which Land and buildings: -€21,059
- Cash -€16,353
down €16,353 (-36.7%), from €44,550 to €28,196
mainly Other debts (-€87,900) and Trade debts (-€3,282)
- Current investments -€7,151
down €7,151 (-3.0%), from €236,001 to €228,849
- Other debts -€87,900
down €87,900 (-35.8%), from €245,666 to €157,766
- Financial income -€3,116
down €3,116 (-43.4%), from €7,185 to €4,070
- Gross operating margin -€940
down €940 (-3.8%), from €24,604 to €23,665
- Depreciation -€507
down €507 (-2.3%), from €21,921 to €21,413
- Taxes -€342
down €342 (-65.1%), from €525 to €183
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 | €460,121 | €370,923 | -€89,198 | -19.4% |
| Fixed assets | 21/28 | €101,872 | €80,459 | -€21,413 | -21.0% |
| Tangible fixed assets | 22/27 | €101,748 | €80,335 | -€21,413 | -21.0% |
| Land and buildings | 22 | €100,318 | €79,259 | -€21,059 | -21.0% |
| Plant, machinery and equipment | 23 | €811 | €718 | -€93 | -11.4% |
| Furniture and vehicles | 24 | €620 | €358 | -€262 | -42.2% |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €358,248 | €290,463 | -€67,785 | -18.9% |
| Amounts receivable within one year | 40/41 | €76,571 | €32,132 | -€44,439 | -58.0% |
| Trade receivables | 40 | €74,222 | €1,365 | -€72,857 | -98.2% |
| Other amounts receivable | 41 | €2,349 | €30,767 | +€28,418 | +1209.7% |
| Current investments | 50/53 | €236,001 | €228,849 | -€7,151 | -3.0% |
| Cash at bank and in hand | 54/58 | €44,550 | €28,196 | -€16,353 | -36.7% |
| Deferred charges and accrued income | 490/1 | €1,127 | €1,286 | +€159 | +14.1% |
| Total equity and liabilities | 10/49 | €460,121 | €370,923 | -€89,198 | -19.4% |
| Equity | 10/15 | €196,209 | €198,043 | +€1,833 | +0.9% |
| Contributions | 10/11 | €71,000 | €71,000 | = | 0.0% |
| Reserves | 13 | €125,209 | €127,043 | +€1,833 | +1.5% |
| Distributable reserves | 133 | €125,209 | €127,043 | +€1,833 | +1.5% |
| Amounts payable | 17/49 | €263,911 | €172,880 | -€91,031 | -34.5% |
| Amounts payable within one year | 42/48 | €261,739 | €170,621 | -€91,118 | -34.8% |
| Trade debts | 44 | €3,619 | €337 | -€3,282 | -90.7% |
| Suppliers | 440/4 | €3,619 | €337 | -€3,282 | -90.7% |
| Advances received on contracts in progress | 46 | €5,632 | €5,632 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €6,822 | €6,885 | +€64 | +0.9% |
| Taxes | 450/3 | €6,822 | €6,885 | +€64 | +0.9% |
| Other amounts payable | 47/48 | €245,666 | €157,766 | -€87,900 | -35.8% |
| Accrued charges and deferred income | 492/3 | €2,173 | €2,259 | +€87 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,921 | €21,413 | -€507 | -2.3% |
| Other operating charges | 640/8 | €3,032 | €3,136 | +€104 | +3.4% |
| Gross operating margin | 9900 | €24,604 | €23,665 | -€940 | -3.8% |
| Operating profit (loss) | 9901 | -€348 | -€885 | -€537 | -154.1% |
| Financial income | 75/76B | €7,185 | €4,070 | -€3,116 | -43.4% |
| Recurring financial income | 75 | €7,185 | €4,070 | -€3,116 | -43.4% |
| Financial charges | 65/66B | €1,064 | €1,168 | +€104 | +9.8% |
| Recurring financial charges | 65 | €1,064 | €1,168 | +€104 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | €5,773 | €2,016 | -€3,757 | -65.1% |
| Income taxes | 67/77 | €525 | €183 | -€342 | -65.1% |
| Profit (loss) for the period | 9904 | €5,248 | €1,833 | -€3,415 | -65.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,248 | €1,833 | -€3,415 | -65.1% |
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.