SCINNOV: 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.
SCINNOV
Largest movements
- Receivables within one year -€46,467
down €46,467 (-67.4%), from €68,921 to €22,454
of which Trade receivables: -€55,032
- Cash +€38,268
up €38,268 (+233%), from €16,389 to €54,656
mainly Receivables within one year (+€46,467) and Depreciation (+€22,075)
- Tangible fixed assets -€17,113
down €17,113 (-27.0%), from €63,311 to €46,199
- Current investments +€12,109
up €12,109 (+86.5%), from €14,000 to €26,109
- Intangible fixed assets -€2,503
down €2,503 (-20.1%), from €12,433 to €9,930
- Trade debts +€17,402
up €17,402 (+174%), from €9,986 to €27,388
- Tax, wage and social debts -€15,823
down €15,823 (-29.7%), from €53,197 to €37,374
of which Taxes: -€16,879
- Debts after one year -€10,998
no longer reported in 2025 (was €10,998)
- Other debts -€5,292
no longer reported in 2025 (was €5,292)
- Gross operating margin -€77,811
down €77,811 (-59.1%), from €131,596 to €53,785
- Taxes -€20,929
down €20,929 (-88.5%), from €23,642 to €2,713
- Depreciation +€3,456
up €3,456 (+18.6%), from €18,619 to €22,075
- Other operating charges +€2,308
up €2,308 (+127%), from €1,824 to €4,132
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.
Derived cash bridge
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 | €176,504 | €160,851 | -€15,653 | -8.9% |
| Fixed assets | 21/28 | €76,187 | €56,571 | -€19,616 | -25.7% |
| Intangible fixed assets | 21 | €12,433 | €9,930 | -€2,503 | -20.1% |
| Tangible fixed assets | 22/27 | €63,311 | €46,199 | -€17,113 | -27.0% |
| Furniture and vehicles | 24 | €63,311 | €46,199 | -€17,113 | -27.0% |
| Financial fixed assets | 28 | €442 | €442 | = | 0.0% |
| Current assets | 29/58 | €100,318 | €104,280 | +€3,963 | +4.0% |
| Amounts receivable within one year | 40/41 | €68,921 | €22,454 | -€46,467 | -67.4% |
| Trade receivables | 40 | €68,921 | €13,890 | -€55,032 | -79.8% |
| Other amounts receivable | 41 | - | €8,564 | +€8,564 | |
| Current investments | 50/53 | €14,000 | €26,109 | +€12,109 | +86.5% |
| Cash at bank and in hand | 54/58 | €16,389 | €54,656 | +€38,268 | +233% |
| Deferred charges and accrued income | 490/1 | €1,008 | €1,061 | +€53 | +5.3% |
| Total equity and liabilities | 10/49 | €176,504 | €160,851 | -€15,653 | -8.9% |
| Equity | 10/15 | €85,339 | €84,788 | -€551 | -0.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,339 | €62,788 | -€551 | -0.9% |
| Amounts payable | 17/49 | €91,165 | €76,063 | -€15,102 | -16.6% |
| Amounts payable after more than one year | 17 | €10,998 | - | -€10,998 | |
| Financial debts | 170/4 | €10,998 | - | -€10,998 | |
| Amounts payable within one year | 42/48 | €80,043 | €75,761 | -€4,282 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | €11,567 | €10,998 | -€569 | -4.9% |
| Trade debts | 44 | €9,986 | €27,388 | +€17,402 | +174% |
| Suppliers | 440/4 | €9,986 | €27,388 | +€17,402 | +174% |
| Taxes, remuneration and social security | 45 | €53,197 | €37,374 | -€15,823 | -29.7% |
| Taxes | 450/3 | €47,999 | €31,120 | -€16,879 | -35.2% |
| Remuneration and social security | 454/9 | €5,198 | €6,254 | +€1,056 | +20.3% |
| Other amounts payable | 47/48 | €5,292 | - | -€5,292 | |
| Accrued charges and deferred income | 492/3 | €124 | €302 | +€178 | +143% |
| Remuneration, social security and pensions | 62 | €26,181 | €25,209 | -€972 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,619 | €22,075 | +€3,456 | +18.6% |
| Other operating charges | 640/8 | €1,824 | €4,132 | +€2,308 | +127% |
| Gross operating margin | 9900 | €131,596 | €53,785 | -€77,811 | -59.1% |
| Operating profit (loss) | 9901 | €84,972 | €2,369 | -€82,603 | -97.2% |
| Financial income | 75/76B | €318 | €561 | +€243 | +76.3% |
| Recurring financial income | 75 | €318 | €561 | +€243 | +76.3% |
| Financial charges | 65/66B | €1,807 | €768 | -€1,039 | -57.5% |
| Recurring financial charges | 65 | €1,807 | €768 | -€1,039 | -57.5% |
| Profit (loss) for the period before taxes | 9903 | €83,483 | €2,162 | -€81,321 | -97.4% |
| Income taxes | 67/77 | €23,642 | €2,713 | -€20,929 | -88.5% |
| Profit (loss) for the period | 9904 | €59,841 | -€551 | -€60,392 | |
| Profit (loss) for the period to be appropriated | 9905 | €59,841 | -€551 | -€60,392 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.