SCST: 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.
SCST
Largest movements
- Stocks and contracts +€22,494
up €22,494 (+133%), from €16,953 to €39,447
of which Contracts in progress: +€22,922
- Receivables within one year -€16,255
down €16,255 (-19.3%), from €84,301 to €68,046
of which Trade receivables: -€31,645
- Tangible fixed assets -€10,720
down €10,720 (-6.1%), from €176,065 to €165,344
of which Furniture and vehicles: -€9,055
- Debts after one year -€9,723
down €9,723 (-14.1%), from €68,763 to €59,040
- Profit (loss) carried forward +€6,990
up €6,990 (+18.1%), from €38,714 to €45,705
- Gross operating margin +€29,204
up €29,204 (+48.5%), from €60,181 to €89,384
- Staff costs +€16,896
up €16,896 (+47.0%), from €35,981 to €52,877
- Depreciation +€5,284
up €5,284 (+29.6%), from €17,845 to €23,129
- Taxes -€2,288
down €2,288 (-84.3%), from €2,714 to €426
- Financial charges +€1,714
up €1,714 (+75.5%), from €2,269 to €3,984
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 | €282,770 | €276,408 | -€6,362 | -2.2% |
| Fixed assets | 21/28 | €179,196 | €167,581 | -€11,615 | -6.5% |
| Intangible fixed assets | 21 | €3,132 | €2,237 | -€895 | -28.6% |
| Tangible fixed assets | 22/27 | €176,065 | €165,344 | -€10,720 | -6.1% |
| Land and buildings | 22 | €114,557 | €118,412 | +€3,855 | +3.4% |
| Plant, machinery and equipment | 23 | €22,581 | €13,810 | -€8,771 | -38.8% |
| Furniture and vehicles | 24 | €37,045 | €27,989 | -€9,055 | -24.4% |
| Other tangible fixed assets | 26 | €1,882 | €5,134 | +€3,252 | +173% |
| Current assets | 29/58 | €103,574 | €108,826 | +€5,253 | +5.1% |
| Stocks and contracts in progress | 3 | €16,953 | €39,447 | +€22,494 | +133% |
| Stocks | 30/36 | €12,773 | €12,345 | -€428 | -3.3% |
| Contracts in progress | 37 | €4,179 | €27,102 | +€22,922 | +548% |
| Amounts receivable within one year | 40/41 | €84,301 | €68,046 | -€16,255 | -19.3% |
| Trade receivables | 40 | €70,198 | €38,552 | -€31,645 | -45.1% |
| Other amounts receivable | 41 | €14,104 | €29,494 | +€15,390 | +109% |
| Cash at bank and in hand | 54/58 | €1,784 | €657 | -€1,127 | -63.2% |
| Deferred charges and accrued income | 490/1 | €536 | €677 | +€140 | +26.2% |
| Total equity and liabilities | 10/49 | €282,770 | €276,408 | -€6,362 | -2.2% |
| Equity | 10/15 | €82,481 | €89,471 | +€6,990 | +8.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €25,217 | €25,217 | = | 0.0% |
| Distributable reserves | 133 | €25,217 | €25,217 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,714 | €45,705 | +€6,990 | +18.1% |
| Amounts payable | 17/49 | €200,289 | €186,936 | -€13,353 | -6.7% |
| Amounts payable after more than one year | 17 | €68,763 | €59,040 | -€9,723 | -14.1% |
| Financial debts | 170/4 | €68,763 | €59,040 | -€9,723 | -14.1% |
| Amounts payable within one year | 42/48 | €131,328 | €127,626 | -€3,703 | -2.8% |
| Current portion of amounts payable after more than one year | 42 | €10,166 | €11,064 | +€898 | +8.8% |
| Trade debts | 44 | €111,371 | €109,409 | -€1,962 | -1.8% |
| Suppliers | 440/4 | €111,371 | €109,409 | -€1,962 | -1.8% |
| Taxes, remuneration and social security | 45 | €8,958 | €6,195 | -€2,763 | -30.8% |
| Taxes | 450/3 | €1,855 | €1,678 | -€177 | -9.5% |
| Remuneration and social security | 454/9 | €7,103 | €4,516 | -€2,586 | -36.4% |
| Other amounts payable | 47/48 | €833 | €958 | +€125 | +15.0% |
| Accrued charges and deferred income | 492/3 | €198 | €271 | +€73 | +37.1% |
| Non-recurring operating income | 76A | €4,132 | - | -€4,132 | |
| Remuneration, social security and pensions | 62 | €35,981 | €52,877 | +€16,896 | +47.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,845 | €23,129 | +€5,284 | +29.6% |
| Other operating charges | 640/8 | €1,770 | €1,802 | +€32 | +1.8% |
| Gross operating margin | 9900 | €60,181 | €89,384 | +€29,204 | +48.5% |
| Operating profit (loss) | 9901 | €4,584 | €11,576 | +€6,992 | +153% |
| Financial income | 75/76B | €879 | €657 | -€221 | -25.2% |
| Recurring financial income | 75 | €879 | €657 | -€221 | -25.2% |
| Financial charges | 65/66B | €2,269 | €3,984 | +€1,714 | +75.5% |
| Recurring financial charges | 65 | €2,269 | €3,984 | +€1,714 | +75.5% |
| Profit (loss) for the period before taxes | 9903 | €3,193 | €8,250 | +€5,056 | +158% |
| Income taxes | 67/77 | €2,714 | €426 | -€2,288 | -84.3% |
| Profit (loss) for the period | 9904 | €479 | €7,823 | +€7,344 | +1,533% |
| Profit (loss) for the period to be appropriated | 9905 | €479 | €7,823 | +€7,344 | +1,533% |
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 28 October 2026 via checked.be.