SCIFO: 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.
SCIFO
Largest movements
- Receivables within one year +€351,411
up €351,411 (+39.4%), from €891,331 to €1.2m
of which Other amounts receivable: +€347,176
- Cash +€147,033
up €147,033 (+1673.7%), from €8,785 to €155,817
mainly Net result for the year (+€906,461) and Tax, wage and social debts (+€85,926)
- Tangible fixed assets +€139,471
up €139,471 (+20.2%), from €691,363 to €830,834
of which Furniture and vehicles: +€139,471
- Reserves +€906,461
up €906,461 (+92.6%), from €979,219 to €1.9m
- Other debts -€307,297
down €307,297 (-65.1%), from €472,080 to €164,783
- Tax, wage and social debts +€85,926
up €85,926 (+511.5%), from €16,799 to €102,725
of which Taxes: +€86,621
- Debts after one year -€46,106
down €46,106 (-10.9%), from €423,512 to €377,406
- Financial income +€995,575
up €995,575 (+32203.4%), from €3,092 to €998,667
- Taxes +€90,646
new in 2025: €90,646
- Gross operating margin +€21,460
up €21,460 (+33.3%), from €64,446 to €85,907
- Depreciation -€14,738
down €14,738 (-46.6%), from €31,645 to €16,908
- Staff costs +€6,019
up €6,019 (+18.2%), from €33,099 to €39,118
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 | €1,964,829 | €2,604,999 | +€640,170 | +32.6% |
| Fixed assets | 21/28 | €1,059,938 | €1,199,262 | +€139,324 | +13.1% |
| Tangible fixed assets | 22/27 | €691,363 | €830,834 | +€139,471 | +20.2% |
| Land and buildings | 22 | €683,738 | €683,738 | = | 0.0% |
| Furniture and vehicles | 24 | €7,625 | €147,096 | +€139,471 | +1829.1% |
| Financial fixed assets | 28 | €368,575 | €368,428 | -€147 | 0.0% |
| Current assets | 29/58 | €904,891 | €1,405,737 | +€500,846 | +55.3% |
| Amounts receivable within one year | 40/41 | €891,331 | €1,242,742 | +€351,411 | +39.4% |
| Trade receivables | 40 | €12,705 | €16,940 | +€4,235 | +33.3% |
| Other amounts receivable | 41 | €878,626 | €1,225,802 | +€347,176 | +39.5% |
| Cash at bank and in hand | 54/58 | €8,785 | €155,817 | +€147,033 | +1673.7% |
| Deferred charges and accrued income | 490/1 | €4,775 | €7,177 | +€2,402 | +50.3% |
| Total equity and liabilities | 10/49 | €1,964,829 | €2,604,999 | +€640,170 | +32.6% |
| Equity | 10/15 | €1,001,719 | €1,908,180 | +€906,461 | +90.5% |
| Contributions | 10/11 | €22,500 | €22,500 | = | 0.0% |
| Reserves | 13 | €979,219 | €1,885,680 | +€906,461 | +92.6% |
| Distributable reserves | 133 | €979,219 | €1,885,680 | +€906,461 | +92.6% |
| Amounts payable | 17/49 | €963,110 | €696,819 | -€266,292 | -27.6% |
| Amounts payable after more than one year | 17 | €423,512 | €377,406 | -€46,106 | -10.9% |
| Financial debts | 170/4 | €423,512 | €377,406 | -€46,106 | -10.9% |
| Amounts payable within one year | 42/48 | €538,287 | €318,131 | -€220,156 | -40.9% |
| Current portion of amounts payable after more than one year | 42 | €49,174 | €49,917 | +€743 | +1.5% |
| Trade debts | 44 | €234 | €706 | +€473 | +202.3% |
| Suppliers | 440/4 | €234 | €706 | +€473 | +202.3% |
| Taxes, remuneration and social security | 45 | €16,799 | €102,725 | +€85,926 | +511.5% |
| Taxes | 450/3 | €8,936 | €95,558 | +€86,621 | +969.3% |
| Remuneration and social security | 454/9 | €7,863 | €7,168 | -€695 | -8.8% |
| Other amounts payable | 47/48 | €472,080 | €164,783 | -€307,297 | -65.1% |
| Accrued charges and deferred income | 492/3 | €1,311 | €1,281 | -€30 | -2.3% |
| Remuneration, social security and pensions | 62 | €33,099 | €39,118 | +€6,019 | +18.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,645 | €16,908 | -€14,738 | -46.6% |
| Other operating charges | 640/8 | €3,324 | €9,004 | +€5,680 | +170.9% |
| Gross operating margin | 9900 | €64,446 | €85,907 | +€21,460 | +33.3% |
| Operating profit (loss) | 9901 | -€3,622 | €20,877 | +€24,499 | |
| Financial income | 75/76B | €3,092 | €998,667 | +€995,575 | +32203.4% |
| Recurring financial income | 75 | €3,092 | €998,667 | +€995,575 | +32203.4% |
| Financial charges | 65/66B | €22,316 | €22,437 | +€120 | +0.5% |
| Recurring financial charges | 65 | €22,316 | €22,437 | +€120 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | -€22,847 | €997,107 | +€1.0m | |
| Income taxes | 67/77 | - | €90,646 | +€90,646 | |
| Profit (loss) for the period | 9904 | -€22,847 | €906,461 | +€929,308 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,847 | €906,461 | +€929,308 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.