sClouds: 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.
sClouds
Largest movements
- Receivables within one year -€75,847
down €75,847 (-71.7%), from €105,755 to €29,909
of which Trade receivables: -€59,015
- Tangible fixed assets -€43,390
down €43,390 (-8.4%), from €516,426 to €473,036
- Cash +€23,291
up €23,291 (+119%), from €19,645 to €42,937
mainly Receivables within one year (+€75,847) and Depreciation (+€48,336)
- Reserves -€68,152
down €68,152 (-46.0%), from €148,127 to €79,975
- Other debts +€33,664
up €33,664, from €0 to €33,664
- Debts after one year -€29,246
down €29,246 (-7.6%), from €383,341 to €354,095
- Trade debts -€19,099
down €19,099 (-65.1%), from €29,332 to €10,233
- Current portion of long-term debt -€10,332
down €10,332 (-25.9%), from €39,842 to €29,510
- Gross operating margin +€10,361
up €10,361 (+9.1%), from €114,161 to €124,522
- Staff costs +€7,645
up €7,645 (+16.6%), from €45,948 to €53,593
- Financial charges -€2,165
down €2,165 (-17.8%), from €12,165 to €10,000
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 | €649,835 | €553,511 | -€96,324 | -14.8% |
| Fixed assets | 21/28 | €516,851 | €473,461 | -€43,390 | -8.4% |
| Tangible fixed assets | 22/27 | €516,426 | €473,036 | -€43,390 | -8.4% |
| Land and buildings | 22 | €462,240 | €441,826 | -€20,415 | -4.4% |
| Plant, machinery and equipment | 23 | €10,789 | €9,451 | -€1,338 | -12.4% |
| Furniture and vehicles | 24 | €43,396 | €21,759 | -€21,637 | -49.9% |
| Financial fixed assets | 28 | €425 | €425 | = | 0.0% |
| Current assets | 29/58 | €132,984 | €80,050 | -€52,933 | -39.8% |
| Amounts receivable within one year | 40/41 | €105,755 | €29,909 | -€75,847 | -71.7% |
| Trade receivables | 40 | €88,657 | €29,642 | -€59,015 | -66.6% |
| Other amounts receivable | 41 | €17,098 | €267 | -€16,831 | -98.4% |
| Cash at bank and in hand | 54/58 | €19,645 | €42,937 | +€23,291 | +119% |
| Deferred charges and accrued income | 490/1 | €7,583 | €7,205 | -€378 | -5.0% |
| Total equity and liabilities | 10/49 | €649,835 | €553,511 | -€96,324 | -14.8% |
| Equity | 10/15 | €166,727 | €98,575 | -€68,152 | -40.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €148,127 | €79,975 | -€68,152 | -46.0% |
| Distributable reserves | 133 | €148,127 | €79,975 | -€68,152 | -46.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €483,108 | €454,936 | -€28,172 | -5.8% |
| Amounts payable after more than one year | 17 | €383,341 | €354,095 | -€29,246 | -7.6% |
| Financial debts | 170/4 | €383,341 | €354,095 | -€29,246 | -7.6% |
| Amounts payable within one year | 42/48 | €98,454 | €99,528 | +€1,074 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €39,842 | €29,510 | -€10,332 | -25.9% |
| Financial debts | 43 | €12 | €11 | -€1 | -11.6% |
| Credit institutions | 430/8 | €12 | €11 | -€1 | -11.6% |
| Trade debts | 44 | €29,332 | €10,233 | -€19,099 | -65.1% |
| Suppliers | 440/4 | €29,332 | €10,233 | -€19,099 | -65.1% |
| Taxes, remuneration and social security | 45 | €29,268 | €26,111 | -€3,158 | -10.8% |
| Taxes | 450/3 | €22,786 | €15,580 | -€7,206 | -31.6% |
| Remuneration and social security | 454/9 | €6,482 | €10,531 | +€4,048 | +62.4% |
| Other amounts payable | 47/48 | €0 | €33,664 | +€33,664 | |
| Accrued charges and deferred income | 492/3 | €1,313 | €1,313 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €45,948 | €53,593 | +€7,645 | +16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,278 | €48,336 | -€943 | -1.9% |
| Other operating charges | 640/8 | €1,862 | €2,161 | +€299 | +16.1% |
| Gross operating margin | 9900 | €114,161 | €124,522 | +€10,361 | +9.1% |
| Operating profit (loss) | 9901 | €17,073 | €20,433 | +€3,360 | +19.7% |
| Financial income | 75/76B | €1,013 | €1,080 | +€68 | +6.7% |
| Recurring financial income | 75 | €1,013 | €1,080 | +€68 | +6.7% |
| Financial charges | 65/66B | €12,165 | €10,000 | -€2,165 | -17.8% |
| Recurring financial charges | 65 | €12,165 | €10,000 | -€2,165 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | €5,921 | €11,513 | +€5,592 | +94.4% |
| Income taxes | 67/77 | €3,112 | €3,745 | +€633 | +20.4% |
| Profit (loss) for the period | 9904 | €2,809 | €7,768 | +€4,959 | +177% |
| Profit (loss) for the period to be appropriated | 9905 | €2,809 | €7,768 | +€4,959 | +177% |
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 13 October 2026 via checked.be.