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SCIENCETERRE: 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

SCIENCETERRE

BE 0644.684.764
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€31,272
2023 · €139-€31,412
Equity
€16,078
2023 · €47,351-€31,272
Cash
€1,573
2023 · €970+€603
Balance sheet total
€16,701
2023 · €47,974-€31,272

Largest movements

2023 to 2024
Assets
  • Receivables within one year -€28,558

    down €28,558 (-65.4%), from €43,686 to €15,128

    of which Trade receivables: -€32,341

  • Receivables after one year -€3,317

    no longer reported in 2024 (was €3,317)

  • Cash +€603

    up €603 (+62.1%), from €970 to €1,573

    mainly Receivables within one year (+€28,558) and Receivables after one year (+€3,317)

Equity and liabilities
  • Reserves -€20,662

    down €20,662 (-71.9%), from €28,751 to €8,089

    of which Distributable reserves: -€20,662

  • Profit (loss) carried forward -€10,610

    new in 2024: -€10,610

Income statement
  • Gross operating margin -€31,553

    down €31,553, from €416 to -€31,137

From the 2023 result to the 2024 result

effect on the 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 2023 €139
Gross operating margin -€31,553
Financial charges +€141
Result 2024 -€31,272

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€603
Investment €0
Financing €0
Cash 2023 €970
Net result for the year -€31,272
Receivables after one year +€3,317
Receivables within one year +€28,558
Cash 2024 €1,573
Every line side by side 29 lines
Line Code 2023 2024 Change %
Total assets 20/58 €47,974 €16,701 -€31,272 -65.2%
Current assets 29/58 €47,974 €16,701 -€31,272 -65.2%
Amounts receivable after more than one year 29 €3,317 - -€3,317
Other amounts receivable 291 €3,317 - -€3,317
Amounts receivable within one year 40/41 €43,686 €15,128 -€28,558 -65.4%
Trade receivables 40 €43,686 €11,345 -€32,341 -74.0%
Other amounts receivable 41 - €3,783 +€3,783
Cash at bank and in hand 54/58 €970 €1,573 +€603 +62.1%
Total equity and liabilities 10/49 €47,974 €16,701 -€31,272 -65.2%
Equity 10/15 €47,351 €16,078 -€31,272 -66.0%
Contributions 10/11 €18,600 €18,600 = 0.0%
Outside capital 11 €18,600 €18,600 = 0.0%
Other 1109/19 €18,600 €18,600 = 0.0%
Reserves 13 €28,751 €8,089 -€20,662 -71.9%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Distributable reserves 133 €26,891 €6,229 -€20,662 -76.8%
Profit (loss) carried forward 14 - -€10,610 -€10,610
Amounts payable 17/49 €623 €623 = 0.0%
Amounts payable within one year 42/48 €623 €623 = 0.0%
Taxes, remuneration and social security 45 €623 €623 = 0.0%
Taxes 450/3 €623 €623 = 0.0%
Gross operating margin 9900 €416 -€31,137 -€31,553
Operating profit (loss) 9901 €416 -€31,137 -€31,553
Financial charges 65/66B €276 €135 -€141 -51.1%
Recurring financial charges 65 €276 €135 -€141 -51.1%
Profit (loss) for the period before taxes 9903 €139 -€31,272 -€31,412
Profit (loss) for the period 9904 €139 -€31,272 -€31,412
Profit (loss) for the period to be appropriated 9905 €139 -€31,272 -€31,412

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.