SCK MANAGEMENT: 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.
SCK MANAGEMENT
Largest movements
- Receivables within one year +€218,115
up €218,115 (+28.3%), from €769,936 to €988,051
- Receivables after one year +€37,000
new in 2025: €37,000
- Other debts +€252,457
up €252,457 (+51.9%), from €486,015 to €738,472
- Financial charges +€1,757
up €1,757 (+42.6%), from €4,129 to €5,886
- Gross operating margin -€1,430
down €1,430 (-89.5%), from -€1,597 to -€3,027
- Financial income -€1,314
down €1,314 (-8.1%), from €16,147 to €14,833
- Taxes -€1,204
down €1,204 (-39.1%), from €3,078 to €1,873
- Depreciation -€808
no longer reported in 2025 (was €808)
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 | €770,040 | €1,025,051 | +€255,011 | +33.1% |
| Current assets | 29/58 | €770,040 | €1,025,051 | +€255,011 | +33.1% |
| Amounts receivable after more than one year | 29 | - | €37,000 | +€37,000 | |
| Other amounts receivable | 291 | - | €37,000 | +€37,000 | |
| Amounts receivable within one year | 40/41 | €769,936 | €988,051 | +€218,115 | +28.3% |
| Other amounts receivable | 41 | €769,936 | €988,051 | +€218,115 | +28.3% |
| Cash at bank and in hand | 54/58 | €105 | - | -€105 | |
| Total equity and liabilities | 10/49 | €770,040 | €1,025,051 | +€255,011 | +33.1% |
| Equity | 10/15 | €279,436 | €283,094 | +€3,659 | +1.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €273,197 | €276,855 | +€3,659 | +1.3% |
| Distributable reserves | 133 | €273,197 | €276,855 | +€3,659 | +1.3% |
| Profit (loss) carried forward | 14 | €39 | €39 | = | 0.0% |
| Amounts payable | 17/49 | €490,605 | €741,957 | +€251,352 | +51.2% |
| Amounts payable within one year | 42/48 | €490,605 | €741,957 | +€251,352 | +51.2% |
| Financial debts | 43 | - | €11 | +€11 | |
| Credit institutions | 430/8 | - | €11 | +€11 | |
| Trade debts | 44 | €1,513 | €1,600 | +€88 | +5.8% |
| Suppliers | 440/4 | €1,513 | €1,600 | +€88 | +5.8% |
| Taxes, remuneration and social security | 45 | €3,078 | €1,873 | -€1,204 | -39.1% |
| Taxes | 450/3 | €3,078 | €1,873 | -€1,204 | -39.1% |
| Other amounts payable | 47/48 | €486,015 | €738,472 | +€252,457 | +51.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €808 | - | -€808 | |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | -€1,597 | -€3,027 | -€1,430 | -89.5% |
| Operating profit (loss) | 9901 | -€2,790 | -€3,415 | -€625 | -22.4% |
| Financial income | 75/76B | €16,147 | €14,833 | -€1,314 | -8.1% |
| Recurring financial income | 75 | €16,147 | €14,833 | -€1,314 | -8.1% |
| Financial charges | 65/66B | €4,129 | €5,886 | +€1,757 | +42.6% |
| Recurring financial charges | 65 | €4,129 | €5,886 | +€1,757 | +42.6% |
| Profit (loss) for the period before taxes | 9903 | €9,228 | €5,532 | -€3,696 | -40.0% |
| Income taxes | 67/77 | €3,078 | €1,873 | -€1,204 | -39.1% |
| Profit (loss) for the period | 9904 | €6,150 | €3,659 | -€2,491 | -40.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,150 | €3,659 | -€2,491 | -40.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.