SCINTILLA: 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.
SCINTILLA
Largest movements
- Cash +€142,788
up €142,788 (+121.3%), from €117,759 to €260,547
mainly Net result for the year (+€95,239) and Receivables within one year (+€43,025)
- Receivables within one year -€43,025
down €43,025 (-100.0%), from €43,025 to €0
- Current investments +€15,000
new in 2025: €15,000
- Tangible fixed assets +€5,279
up €5,279 (+104.8%), from €5,036 to €10,315
of which Other tangible fixed assets: +€4,102
- Reserves +€89,623
up €89,623 (+86.0%), from €104,161 to €193,784
- Tax, wage and social debts +€27,388
up €27,388 (+56.1%), from €48,780 to €76,168
- Other debts +€3,654
up €3,654 (+425.5%), from €859 to €4,512
- Gross operating margin -€17,539
down €17,539 (-12.4%), from €141,887 to €124,349
- Taxes -€9,961
down €9,961 (-28.1%), from €35,505 to €25,544
- Depreciation +€1,981
up €1,981 (+151.7%), from €1,306 to €3,287
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 | €165,820 | €285,877 | +€120,057 | +72.4% |
| Fixed assets | 21/28 | €5,036 | €10,315 | +€5,279 | +104.8% |
| Tangible fixed assets | 22/27 | €5,036 | €10,315 | +€5,279 | +104.8% |
| Furniture and vehicles | 24 | €5,036 | €6,213 | +€1,178 | +23.4% |
| Other tangible fixed assets | 26 | - | €4,102 | +€4,102 | |
| Current assets | 29/58 | €160,784 | €275,562 | +€114,778 | +71.4% |
| Amounts receivable within one year | 40/41 | €43,025 | €0 | -€43,025 | -100.0% |
| Trade receivables | 40 | €43,025 | €0 | -€43,025 | -100.0% |
| Current investments | 50/53 | - | €15,000 | +€15,000 | |
| Cash at bank and in hand | 54/58 | €117,759 | €260,547 | +€142,788 | +121.3% |
| Deferred charges and accrued income | 490/1 | - | €14 | +€14 | |
| Total equity and liabilities | 10/49 | €165,820 | €285,877 | +€120,057 | +72.4% |
| Equity | 10/15 | €114,161 | €203,784 | +€89,623 | +78.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €104,161 | €193,784 | +€89,623 | +86.0% |
| Distributable reserves | 133 | €104,161 | €193,784 | +€89,623 | +86.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €51,659 | €82,092 | +€30,434 | +58.9% |
| Amounts payable within one year | 42/48 | €51,659 | €82,092 | +€30,434 | +58.9% |
| Trade debts | 44 | €2,020 | €1,412 | -€608 | -30.1% |
| Suppliers | 440/4 | €2,020 | €1,412 | -€608 | -30.1% |
| Taxes, remuneration and social security | 45 | €48,780 | €76,168 | +€27,388 | +56.1% |
| Taxes | 450/3 | €48,780 | €76,168 | +€27,388 | +56.1% |
| Other amounts payable | 47/48 | €859 | €4,512 | +€3,654 | +425.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,306 | €3,287 | +€1,981 | +151.7% |
| Other operating charges | 640/8 | €987 | €845 | -€142 | -14.4% |
| Gross operating margin | 9900 | €141,887 | €124,349 | -€17,539 | -12.4% |
| Operating profit (loss) | 9901 | €139,595 | €120,217 | -€19,378 | -13.9% |
| Financial income | 75/76B | €81 | €754 | +€673 | +831.0% |
| Recurring financial income | 75 | €81 | €754 | +€673 | +831.0% |
| Financial charges | 65/66B | €10 | €187 | +€177 | +1742.1% |
| Recurring financial charges | 65 | €10 | €187 | +€177 | +1742.1% |
| Profit (loss) for the period before taxes | 9903 | €139,665 | €120,783 | -€18,883 | -13.5% |
| Income taxes | 67/77 | €35,505 | €25,544 | -€9,961 | -28.1% |
| Profit (loss) for the period | 9904 | €104,161 | €95,239 | -€8,921 | -8.6% |
| Profit (loss) for the period to be appropriated | 9905 | €104,161 | €95,239 | -€8,921 | -8.6% |
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 6 October 2026 via checked.be.