SCS: 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.
SCS
Largest movements
- Deferred charges and accrued income -€135,850
down €135,850 (-96.8%), from €140,362 to €4,512
- Receivables within one year +€31,815
up €31,815 (+208%), from €15,273 to €47,087
of which Other amounts receivable: +€25,773
- Cash +€13,127
up €13,127 (+17.6%), from €74,472 to €87,598
mainly Deferred charges and accrued income (+€135,850) and Trade debts (+€11,159)
- Receivables after one year -€10,666
down €10,666 (-42.7%), from €25,000 to €14,334
- Tangible fixed assets -€9,110
down €9,110 (-28.4%), from €32,042 to €22,932
of which Furniture and vehicles: -€7,052
- Profit (loss) carried forward -€54,111
down €54,111, from €0 to -€54,111
- Accrued charges and deferred income -€40,064
down €40,064 (-100%), from €40,064 to €0
- Other debts -€12,391
down €12,391 (-100%), from €12,391 to €0
- Reserves -€11,227
down €11,227 (-5.6%), from €201,434 to €190,206
- Trade debts +€11,159
up €11,159 (+164%), from €6,792 to €17,951
- Gross operating margin -€39,898
down €39,898 (-37.5%), from €106,516 to €66,618
- Financial charges +€37,954
up €37,954 (+73.8%), from €51,405 to €89,358
- Other operating charges +€22,471
up €22,471 (+1,604%), from €1,401 to €23,871
- Taxes -€14,060
down €14,060 (-97.7%), from €14,384 to €325
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 | €289,629 | €178,944 | -€110,685 | -38.2% |
| Fixed assets | 21/28 | €34,522 | €25,412 | -€9,110 | -26.4% |
| Tangible fixed assets | 22/27 | €32,042 | €22,932 | -€9,110 | -28.4% |
| Furniture and vehicles | 24 | €21,750 | €14,698 | -€7,052 | -32.4% |
| Other tangible fixed assets | 26 | €10,292 | €8,234 | -€2,058 | -20.0% |
| Financial fixed assets | 28 | €2,480 | €2,480 | = | 0.0% |
| Current assets | 29/58 | €255,106 | €153,532 | -€101,575 | -39.8% |
| Amounts receivable after more than one year | 29 | €25,000 | €14,334 | -€10,666 | -42.7% |
| Other amounts receivable | 291 | €25,000 | €14,334 | -€10,666 | -42.7% |
| Amounts receivable within one year | 40/41 | €15,273 | €47,087 | +€31,815 | +208% |
| Trade receivables | 40 | €0 | €6,042 | +€6,042 | |
| Other amounts receivable | 41 | €15,273 | €41,046 | +€25,773 | +169% |
| Cash at bank and in hand | 54/58 | €74,472 | €87,598 | +€13,127 | +17.6% |
| Deferred charges and accrued income | 490/1 | €140,362 | €4,512 | -€135,850 | -96.8% |
| Total equity and liabilities | 10/49 | €289,629 | €178,944 | -€110,685 | -38.2% |
| Equity | 10/15 | €213,834 | €148,495 | -€65,339 | -30.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €201,434 | €190,206 | -€11,227 | -5.6% |
| Distributable reserves | 133 | €201,434 | €190,206 | -€11,227 | -5.6% |
| Profit (loss) carried forward | 14 | €0 | -€54,111 | -€54,111 | |
| Amounts payable | 17/49 | €75,795 | €30,449 | -€45,346 | -59.8% |
| Amounts payable within one year | 42/48 | €35,731 | €30,449 | -€5,282 | -14.8% |
| Current portion of amounts payable after more than one year | 42 | €5,578 | €0 | -€5,578 | -100% |
| Trade debts | 44 | €6,792 | €17,951 | +€11,159 | +164% |
| Suppliers | 440/4 | €6,792 | €17,951 | +€11,159 | +164% |
| Taxes, remuneration and social security | 45 | €10,970 | €12,498 | +€1,528 | +13.9% |
| Taxes | 450/3 | €10,970 | €12,498 | +€1,528 | +13.9% |
| Other amounts payable | 47/48 | €12,391 | €0 | -€12,391 | -100% |
| Accrued charges and deferred income | 492/3 | €40,064 | €0 | -€40,064 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,222 | €7,555 | -€667 | -8.1% |
| Other operating charges | 640/8 | €1,401 | €23,871 | +€22,471 | +1,604% |
| Gross operating margin | 9900 | €106,516 | €66,618 | -€39,898 | -37.5% |
| Operating profit (loss) | 9901 | €96,894 | €35,191 | -€61,703 | -63.7% |
| Financial income | 75/76B | €1,563 | €1,240 | -€324 | -20.7% |
| Recurring financial income | 75 | €1,563 | €1,240 | -€324 | -20.7% |
| Financial charges | 65/66B | €51,405 | €89,358 | +€37,954 | +73.8% |
| Recurring financial charges | 65 | €51,405 | €89,358 | +€37,954 | +73.8% |
| Profit (loss) for the period before taxes | 9903 | €47,052 | -€52,928 | -€99,980 | |
| Income taxes | 67/77 | €14,384 | €325 | -€14,060 | -97.7% |
| Profit (loss) for the period | 9904 | €32,668 | -€53,252 | -€85,920 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,668 | -€53,252 | -€85,920 |
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 18 October 2026 via checked.be.