"SCMD": 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.
"SCMD"
Largest movements
- Deferred charges and accrued income +€11,458
up €11,458 (+40.3%), from €28,400 to €39,858
- Stocks and contracts -€7,524
down €7,524 (-23.9%), from €31,485 to €23,962
- Receivables within one year -€7,310
down €7,310 (-49.5%), from €14,770 to €7,461
of which Trade receivables: -€8,553
- Cash +€6,887
up €6,887 (+40.0%), from €17,210 to €24,097
mainly Stocks and contracts (+€7,524) and Receivables within one year (+€7,310)
- Profit (loss) carried forward +€2,052
up €2,052 (+6.6%), from €31,064 to €33,116
- Trade debts +€1,460
up €1,460 (+3.0%), from €48,341 to €49,801
- Gross operating margin -€1,243
down €1,243 (-25.0%), from €4,977 to €3,734
- Taxes -€306
down €306 (-20.2%), from €1,516 to €1,211
- Financial charges -€226
down €226 (-75.8%), from €298 to €72
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 | €91,865 | €95,377 | +€3,512 | +3.8% |
| Current assets | 29/58 | €91,865 | €95,377 | +€3,512 | +3.8% |
| Stocks and contracts in progress | 3 | €31,485 | €23,962 | -€7,524 | -23.9% |
| Stocks | 30/36 | €31,485 | €23,962 | -€7,524 | -23.9% |
| Amounts receivable within one year | 40/41 | €14,770 | €7,461 | -€7,310 | -49.5% |
| Trade receivables | 40 | €14,560 | €6,007 | -€8,553 | -58.7% |
| Other amounts receivable | 41 | €210 | €1,453 | +€1,243 | +592.3% |
| Cash at bank and in hand | 54/58 | €17,210 | €24,097 | +€6,887 | +40.0% |
| Deferred charges and accrued income | 490/1 | €28,400 | €39,858 | +€11,458 | +40.3% |
| Total equity and liabilities | 10/49 | €91,865 | €95,377 | +€3,512 | +3.8% |
| Equity | 10/15 | €43,464 | €45,516 | +€2,052 | +4.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,064 | €33,116 | +€2,052 | +6.6% |
| Amounts payable | 17/49 | €48,401 | €49,861 | +€1,460 | +3.0% |
| Amounts payable within one year | 42/48 | €48,401 | €49,861 | +€1,460 | +3.0% |
| Trade debts | 44 | €48,341 | €49,801 | +€1,460 | +3.0% |
| Suppliers | 440/4 | €48,341 | €49,801 | +€1,460 | +3.0% |
| Other amounts payable | 47/48 | €60 | €60 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €4,977 | €3,734 | -€1,243 | -25.0% |
| Operating profit (loss) | 9901 | €4,590 | €3,335 | -€1,256 | -27.4% |
| Financial charges | 65/66B | €298 | €72 | -€226 | -75.8% |
| Recurring financial charges | 65 | €298 | €72 | -€226 | -75.8% |
| Profit (loss) for the period before taxes | 9903 | €4,292 | €3,262 | -€1,029 | -24.0% |
| Income taxes | 67/77 | €1,516 | €1,211 | -€306 | -20.2% |
| Profit (loss) for the period | 9904 | €2,775 | €2,052 | -€723 | -26.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,775 | €2,052 | -€723 | -26.1% |
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.