SCIPIO: 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.
SCIPIO
Largest movements
- Cash -€45,044
down €45,044 (-19.9%), from €226,882 to €181,838
mainly Net result for the year (-€39,956) and Contributions, distributions and other (-€20,000)
- Tangible fixed assets -€10,367
down €10,367 (-27.0%), from €38,467 to €28,100
- Profit (loss) carried forward -€39,956
down €39,956 (-110.8%), from -€36,078 to -€76,034
- Reserves -€20,000
down €20,000 (-7.3%), from €275,665 to €255,665
- Other debts +€14,242
up €14,242 (+276.7%), from €5,148 to €19,390
- Tax, wage and social debts -€9,163
down €9,163 (-55.1%), from €16,643 to €7,479
of which Remuneration and social security: -€10,018
- Financial charges +€13,117
up €13,117 (+24268.2%), from €54 to €13,171
- Financial income -€7,194
no longer reported in 2025 (was €7,194)
- Gross operating margin -€5,888
down €5,888 (-71.5%), from -€8,233 to -€14,120
- Depreciation +€332
up €332 (+3.0%), from €11,060 to €11,393
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 | €301,583 | €246,734 | -€54,849 | -18.2% |
| Fixed assets | 21/28 | €38,507 | €28,140 | -€10,367 | -26.9% |
| Tangible fixed assets | 22/27 | €38,467 | €28,100 | -€10,367 | -27.0% |
| Furniture and vehicles | 24 | €38,467 | €28,100 | -€10,367 | -27.0% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €263,076 | €218,595 | -€44,481 | -16.9% |
| Amounts receivable within one year | 40/41 | €34,510 | €34,227 | -€282 | -0.8% |
| Trade receivables | 40 | €34,064 | €34,064 | = | 0.0% |
| Other amounts receivable | 41 | €445 | €163 | -€282 | -63.4% |
| Cash at bank and in hand | 54/58 | €226,882 | €181,838 | -€45,044 | -19.9% |
| Deferred charges and accrued income | 490/1 | €1,684 | €2,529 | +€845 | +50.2% |
| Total equity and liabilities | 10/49 | €301,583 | €246,734 | -€54,849 | -18.2% |
| Equity | 10/15 | €276,787 | €216,831 | -€59,956 | -21.7% |
| Contributions | 10/11 | €37,200 | €37,200 | = | 0.0% |
| Reserves | 13 | €275,665 | €255,665 | -€20,000 | -7.3% |
| Distributable reserves | 133 | €275,665 | €255,665 | -€20,000 | -7.3% |
| Profit (loss) carried forward | 14 | -€36,078 | -€76,034 | -€39,956 | -110.8% |
| Amounts payable | 17/49 | €24,796 | €29,903 | +€5,107 | +20.6% |
| Amounts payable within one year | 42/48 | €23,949 | €28,961 | +€5,012 | +20.9% |
| Financial debts | 43 | €3 | €27 | +€24 | +802.7% |
| Credit institutions | 430/8 | €3 | €27 | +€24 | +802.7% |
| Trade debts | 44 | €2,156 | €2,064 | -€91 | -4.2% |
| Suppliers | 440/4 | €2,156 | €2,064 | -€91 | -4.2% |
| Taxes, remuneration and social security | 45 | €16,643 | €7,479 | -€9,163 | -55.1% |
| Taxes | 450/3 | €492 | €1,346 | +€855 | +173.8% |
| Remuneration and social security | 454/9 | €16,151 | €6,133 | -€10,018 | -62.0% |
| Other amounts payable | 47/48 | €5,148 | €19,390 | +€14,242 | +276.7% |
| Accrued charges and deferred income | 492/3 | €847 | €942 | +€96 | +11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,060 | €11,393 | +€332 | +3.0% |
| Other operating charges | 640/8 | €987 | €1,106 | +€119 | +12.0% |
| Gross operating margin | 9900 | -€8,233 | -€14,120 | -€5,888 | -71.5% |
| Operating profit (loss) | 9901 | -€20,280 | -€26,619 | -€6,339 | -31.3% |
| Financial income | 75/76B | €7,194 | - | -€7,194 | |
| Recurring financial income | 75 | €7,194 | - | -€7,194 | |
| Financial charges | 65/66B | €54 | €13,171 | +€13,117 | +24268.2% |
| Recurring financial charges | 65 | €54 | €13,171 | +€13,117 | +24268.2% |
| Profit (loss) for the period before taxes | 9903 | -€13,139 | -€39,790 | -€26,651 | -202.8% |
| Income taxes | 67/77 | €182 | €166 | -€15 | -8.5% |
| Profit (loss) for the period | 9904 | -€13,321 | -€39,956 | -€26,635 | -199.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,321 | -€39,956 | -€26,635 | -199.9% |
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 10 October 2026 via checked.be.