SCOOP: what changed
Two fiscal 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.
SCOOP
Largest movements
- Receivables within one year +€286,673
up €286,673 (+13.8%), from €2.1m to €2.4m
of which Other amounts receivable: +€279,287
- Tangible fixed assets -€106,303
down €106,303 (-5.5%), from €1.9m to €1.8m
- Cash +€80,940
up €80,940 (+1364.9%), from €5,930 to €86,870
mainly Other debts (+€254,366) and Depreciation (+€106,303)
- Other debts +€254,366
up €254,366 (+11.9%), from €2.1m to €2.4m
- Reserves +€95,483
up €95,483 (+18.1%), from €526,305 to €621,789
of which Distributable reserves: +€104,945
- Debts after one year -€91,459
down €91,459 (-12.5%), from €729,925 to €638,466
- Gross operating margin +€123,355
up €123,355 (+92.4%), from €133,461 to €256,816
- Other operating charges -€73,914
down €73,914 (-86.4%), from €85,575 to €11,661
- Taxes +€13,628
up €13,628, from €0 to €13,628
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 | €5,520,639 | €5,781,949 | +€261,310 | +4.7% |
| Fixed assets | 21/28 | €3,443,141 | €3,336,838 | -€106,303 | -3.1% |
| Tangible fixed assets | 22/27 | €1,924,529 | €1,818,227 | -€106,303 | -5.5% |
| Land and buildings | 22 | €1,924,529 | €1,818,227 | -€106,303 | -5.5% |
| Financial fixed assets | 28 | €1,518,612 | €1,518,612 | = | 0.0% |
| Current assets | 29/58 | €2,077,498 | €2,445,111 | +€367,613 | +17.7% |
| Amounts receivable within one year | 40/41 | €2,071,568 | €2,358,241 | +€286,673 | +13.8% |
| Trade receivables | 40 | €20,101 | €27,487 | +€7,387 | +36.7% |
| Other amounts receivable | 41 | €2,051,467 | €2,330,753 | +€279,287 | +13.6% |
| Cash at bank and in hand | 54/58 | €5,930 | €86,870 | +€80,940 | +1364.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €5,520,639 | €5,781,949 | +€261,310 | +4.7% |
| Equity | 10/15 | €2,393,144 | €2,488,627 | +€95,483 | +4.0% |
| Contributions | 10/11 | €1,866,839 | €1,866,839 | = | 0.0% |
| Capital | 10 | €1,866,839 | €1,866,839 | = | 0.0% |
| Issued capital | 100 | €1,866,839 | €1,866,839 | = | 0.0% |
| Reserves | 13 | €526,305 | €621,789 | +€95,483 | +18.1% |
| Non-distributable reserves | 130/1 | €17,685 | €23,209 | +€5,523 | +31.2% |
| Legal reserve | 130 | €17,685 | €23,209 | +€5,523 | +31.2% |
| Tax-exempt reserves | 132 | €323,842 | €308,856 | -€14,986 | -4.6% |
| Distributable reserves | 133 | €184,779 | €289,724 | +€104,945 | +56.8% |
| Provisions and deferred taxes | 16 | €166,753 | €159,037 | -€7,717 | -4.6% |
| Deferred taxes | 168 | €166,753 | €159,037 | -€7,717 | -4.6% |
| Amounts payable | 17/49 | €2,960,742 | €3,134,286 | +€173,544 | +5.9% |
| Amounts payable after more than one year | 17 | €729,925 | €638,466 | -€91,459 | -12.5% |
| Financial debts | 170/4 | €729,925 | €638,466 | -€91,459 | -12.5% |
| Amounts payable within one year | 42/48 | €2,230,817 | €2,495,820 | +€265,003 | +11.9% |
| Current portion of amounts payable after more than one year | 42 | €89,292 | €91,459 | +€2,167 | +2.4% |
| Trade debts | 44 | €5,798 | €640 | -€5,158 | -89.0% |
| Suppliers | 440/4 | €5,798 | €640 | -€5,158 | -89.0% |
| Taxes, remuneration and social security | 45 | €0 | €13,628 | +€13,628 | |
| Taxes | 450/3 | €0 | €13,628 | +€13,628 | |
| Other amounts payable | 47/48 | €2,135,727 | €2,390,093 | +€254,366 | +11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,534 | €106,303 | -€1,232 | -1.1% |
| Other operating charges | 640/8 | €85,575 | €11,661 | -€73,914 | -86.4% |
| Gross operating margin | 9900 | €133,461 | €256,816 | +€123,355 | +92.4% |
| Operating profit (loss) | 9901 | -€59,649 | €138,852 | +€198,501 | |
| Financial income | 75/76B | €0 | €204 | +€204 | |
| Recurring financial income | 75 | €0 | €196 | +€196 | |
| Non-recurring financial income | 76B | - | €8 | +€8 | |
| Financial charges | 65/66B | €36,084 | €37,661 | +€1,577 | +4.4% |
| Recurring financial charges | 65 | €36,082 | €37,661 | +€1,579 | +4.4% |
| Non-recurring financial charges | 66B | €2 | €0 | -€2 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€95,733 | €101,395 | +€197,128 | |
| Transfer from deferred taxes | 780 | €7,717 | €7,717 | = | 0.0% |
| Income taxes | 67/77 | €0 | €13,628 | +€13,628 | |
| Profit (loss) for the period | 9904 | -€88,016 | €95,483 | +€183,499 | |
| Transfer from tax-exempt reserves | 789 | €14,986 | €14,986 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€73,031 | €110,469 | +€183,499 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.