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 +€68,382
up €68,382 (+149%), from €45,835 to €114,217
mainly Net result for the year (+€61,878) and Depreciation (+€52,566)
- Tangible fixed assets -€47,358
down €47,358 (-9.2%), from €516,649 to €469,290
of which Land and buildings: -€42,489
- Receivables within one year -€13,407
down €13,407 (-25.2%), from €53,133 to €39,726
of which Trade receivables: -€18,162
- Reserves +€61,878
up €61,878 (+43.8%), from €141,241 to €203,118
- Debts after one year -€44,773
down €44,773 (-15.8%), from €283,479 to €238,707
of which Financial debts: -€45,073
- Tax, wage and social debts -€14,231
down €14,231 (-72.0%), from €19,778 to €5,547
- Other operating charges +€2,589
up €2,589 (+30.3%), from €8,540 to €11,129
- Depreciation -€2,088
down €2,088 (-3.8%), from €54,653 to €52,566
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 | €623,825 | €630,612 | +€6,788 | +1.1% |
| Fixed assets | 21/28 | €516,649 | €469,290 | -€47,358 | -9.2% |
| Tangible fixed assets | 22/27 | €516,649 | €469,290 | -€47,358 | -9.2% |
| Land and buildings | 22 | €499,090 | €456,600 | -€42,489 | -8.5% |
| Plant, machinery and equipment | 23 | €2,797 | €3,451 | +€654 | +23.4% |
| Furniture and vehicles | 24 | €14,762 | €9,239 | -€5,523 | -37.4% |
| Current assets | 29/58 | €107,176 | €161,322 | +€54,146 | +50.5% |
| Amounts receivable within one year | 40/41 | €53,133 | €39,726 | -€13,407 | -25.2% |
| Trade receivables | 40 | €53,133 | €34,971 | -€18,162 | -34.2% |
| Other amounts receivable | 41 | - | €4,756 | +€4,756 | |
| Cash at bank and in hand | 54/58 | €45,835 | €114,217 | +€68,382 | +149% |
| Deferred charges and accrued income | 490/1 | €8,208 | €7,379 | -€829 | -10.1% |
| Total equity and liabilities | 10/49 | €623,825 | €630,612 | +€6,788 | +1.1% |
| Equity | 10/15 | €273,516 | €335,393 | +€61,878 | +22.6% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €141,241 | €203,118 | +€61,878 | +43.8% |
| Distributable reserves | 133 | €141,241 | €203,118 | +€61,878 | +43.8% |
| Profit (loss) carried forward | 14 | €113,275 | €113,275 | = | 0.0% |
| Amounts payable | 17/49 | €350,309 | €295,219 | -€55,090 | -15.7% |
| Amounts payable after more than one year | 17 | €283,479 | €238,707 | -€44,773 | -15.8% |
| Financial debts | 170/4 | €275,379 | €230,307 | -€45,073 | -16.4% |
| Other amounts payable | 178/9 | €8,100 | €8,400 | +€300 | +3.7% |
| Amounts payable within one year | 42/48 | €65,154 | €53,322 | -€11,832 | -18.2% |
| Current portion of amounts payable after more than one year | 42 | €43,599 | €45,073 | +€1,474 | +3.4% |
| Trade debts | 44 | €1,691 | €2,701 | +€1,010 | +59.7% |
| Suppliers | 440/4 | €1,691 | €2,701 | +€1,010 | +59.7% |
| Taxes, remuneration and social security | 45 | €19,778 | €5,547 | -€14,231 | -72.0% |
| Taxes | 450/3 | €19,778 | €5,547 | -€14,231 | -72.0% |
| Other amounts payable | 47/48 | €85 | - | -€85 | |
| Accrued charges and deferred income | 492/3 | €1,676 | €3,191 | +€1,515 | +90.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,653 | €52,566 | -€2,088 | -3.8% |
| Other operating charges | 640/8 | €8,540 | €11,129 | +€2,589 | +30.3% |
| Gross operating margin | 9900 | €166,480 | €166,844 | +€364 | +0.2% |
| Operating profit (loss) | 9901 | €103,286 | €103,149 | -€137 | -0.1% |
| Financial income | 75/76B | €52 | €411 | +€359 | +692% |
| Recurring financial income | 75 | €52 | €411 | +€359 | +692% |
| Financial charges | 65/66B | €11,801 | €10,358 | -€1,443 | -12.2% |
| Recurring financial charges | 65 | €11,801 | €10,358 | -€1,443 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | €91,536 | €93,201 | +€1,665 | +1.8% |
| Income taxes | 67/77 | €31,124 | €31,323 | +€199 | +0.6% |
| Profit (loss) for the period | 9904 | €60,412 | €61,878 | +€1,466 | +2.4% |
| Profit (loss) for the period to be appropriated | 9905 | €60,412 | €61,878 | +€1,466 | +2.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.