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SCORP: 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.

What changed

SCORP

BE 0450.773.252
NACE 69.201, Certified accountants and tax accountants
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€81
2024 · -€6,954+€7,035
Equity
€210,216
2024 · €210,135+€81
Cash
€9,247
2024 · €9,917-€669
Balance sheet total
€1.2m
2024 · €784,395+€407,673

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€224,342

    up €224,342 (+31.1%), from €722,003 to €946,345

    of which Land and buildings: +€199,558

  • Financial fixed assets +€199,514

    new in 2025: €199,514

  • Receivables within one year -€15,653

    down €15,653 (-29.9%), from €52,386 to €36,732

    of which Trade receivables: -€18,776

Equity and liabilities
  • Debts after one year +€462,414

    up €462,414 (+105.2%), from €439,666 to €902,080

    of which Financial debts: +€462,414

  • Trade debts -€23,223

    down €23,223 (-74.6%), from €31,149 to €7,926

  • Current portion of long-term debt -€12,690

    down €12,690 (-30.2%), from €41,985 to €29,295

  • Other debts -€12,012

    down €12,012 (-56.3%), from €21,340 to €9,327

Income statement
  • Gross operating margin +€41,582

    up €41,582 (+40.8%), from €101,865 to €143,447

  • Depreciation +€23,484

    up €23,484 (+25.5%), from €92,248 to €115,732

  • Financial charges +€6,175

    up €6,175 (+61.7%), from €10,005 to €16,180

  • Other operating charges +€3,880

    up €3,880 (+60.8%), from €6,381 to €10,261

  • Taxes +€1,615

    new in 2025: €1,615

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€6,954
Gross operating margin +€41,582
Staff costs +€311
Depreciation -€23,484
Other operating charges -€3,880
Financial income +€44
Financial charges -€6,175
Taxes -€1,615
Deferred taxes and other +€252
Result 2025 €81

Cash bridge derived

cash 2024 to 2025

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.

From operations +€89,196
Investment -€539,588
Financing +€449,723
Cash 2024 €9,917
Net result for the year +€81
Depreciation +€115,732
Receivables within one year +€15,653
Smaller working-capital items +€232
Trade debts -€23,223
Tax, wage and social debts -€7,268
Other debts -€12,012
Investment in fixed assets (net) -€539,588
Debts after one year +€462,414
Current portion of long-term debt -€12,690
Cash 2025 €9,247
Every line side by side 55 lines
Line Code 2024 2025 Change %
Total assets 20/58 €784,395 €1,192,067 +€407,673 +52.0%
Fixed assets 21/28 €722,003 €1,145,859 +€423,856 +58.7%
Tangible fixed assets 22/27 €722,003 €946,345 +€224,342 +31.1%
Land and buildings 22 €594,921 €794,479 +€199,558 +33.5%
Plant, machinery and equipment 23 €100,875 €80,764 -€20,111 -19.9%
Furniture and vehicles 24 €8,574 €71,102 +€62,529 +729.3%
Other tangible fixed assets 26 €17,633 - -€17,633
Financial fixed assets 28 - €199,514 +€199,514
Current assets 29/58 €62,392 €46,208 -€16,184 -25.9%
Amounts receivable within one year 40/41 €52,386 €36,732 -€15,653 -29.9%
Trade receivables 40 €52,122 €33,346 -€18,776 -36.0%
Other amounts receivable 41 €264 €3,386 +€3,122 +1184.8%
Cash at bank and in hand 54/58 €9,917 €9,247 -€669 -6.8%
Deferred charges and accrued income 490/1 €89 €229 +€139 +155.8%
Total equity and liabilities 10/49 €784,395 €1,192,067 +€407,673 +52.0%
Equity 10/15 €210,135 €210,216 +€81 0.0%
Contributions 10/11 €20,000 €20,000 = 0.0%
Revaluation surpluses 12 €60,000 €60,000 = 0.0%
Reserves 13 €46,184 €45,048 -€1,136 -2.5%
Non-distributable reserves 130/1 €2,000 €2,000 = 0.0%
Reserves not available under the articles 1311 €2,000 €2,000 = 0.0%
Tax-exempt reserves 132 €44,184 €43,048 -€1,136 -2.6%
Profit (loss) carried forward 14 €83,951 €85,168 +€1,217 +1.4%
Provisions and deferred taxes 16 €31,242 €30,864 -€379 -1.2%
Provisions for liabilities and charges 160/5 €20,000 €20,000 = 0.0%
Pensions and similar obligations 160 €10,000 €10,000 = 0.0%
Environmental obligations 163 €10,000 €10,000 = 0.0%
Deferred taxes 168 €11,242 €10,864 -€379 -3.4%
Amounts payable 17/49 €543,017 €950,987 +€407,970 +75.1%
Amounts payable after more than one year 17 €439,666 €902,080 +€462,414 +105.2%
Financial debts 170/4 €438,436 €900,850 +€462,414 +105.5%
Other amounts payable 178/9 €1,230 €1,230 = 0.0%
Amounts payable within one year 42/48 €103,351 €48,157 -€55,194 -53.4%
Current portion of amounts payable after more than one year 42 €41,985 €29,295 -€12,690 -30.2%
Trade debts 44 €31,149 €7,926 -€23,223 -74.6%
Suppliers 440/4 €31,149 €7,926 -€23,223 -74.6%
Taxes, remuneration and social security 45 €8,877 €1,609 -€7,268 -81.9%
Taxes 450/3 €8,877 €1,609 -€7,268 -81.9%
Other amounts payable 47/48 €21,340 €9,327 -€12,012 -56.3%
Accrued charges and deferred income 492/3 - €750 +€750
Remuneration, social security and pensions 62 €311 - -€311
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €92,248 €115,732 +€23,484 +25.5%
Other operating charges 640/8 €6,381 €10,261 +€3,880 +60.8%
Gross operating margin 9900 €101,865 €143,447 +€41,582 +40.8%
Operating profit (loss) 9901 €2,925 €17,454 +€14,529 +496.7%
Financial income 75/76B - €44 +€44
Recurring financial income 75 - €44 +€44
Financial charges 65/66B €10,005 €16,180 +€6,175 +61.7%
Recurring financial charges 65 €10,005 €16,180 +€6,175 +61.7%
Profit (loss) for the period before taxes 9903 -€7,080 €1,318 +€8,398
Transfer from deferred taxes 780 €127 €379 +€252 +199.2%
Income taxes 67/77 - €1,615 +€1,615
Profit (loss) for the period 9904 -€6,954 €81 +€7,035
Transfer from tax-exempt reserves 789 €380 €1,136 +€756 +199.2%
Profit (loss) for the period to be appropriated 9905 -€6,574 €1,217 +€7,791

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 30 September 2026 via checked.be.