SCTDH: 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.
SCTDH
Largest movements
- Receivables after one year -€650,000
no longer reported in 2025 (was €650,000)
- Cash -€539,312
down €539,312 (-99.9%), from €539,607 to €295
mainly Net result for the year (-€1.3m) and Receivables within one year (-€97,123)
- Financial fixed assets -€188,028
down €188,028 (-98.9%), from €190,028 to €2,000
- Receivables within one year +€97,123
up €97,123 (+29.3%), from €331,895 to €429,019
- Profit (loss) carried forward -€1.3m
down €1.3m (-1393.5%), from -€91,870 to -€1.4m
- Other debts +€39,191
up €39,191 (+93.9%), from €41,725 to €80,916
- Current portion of long-term debt -€38,909
down €38,909 (-2.5%), from €1.6m to €1.5m
- Write-downs +€990,160
new in 2025: €990,160
- Financial charges +€204,576
up €204,576 (+397.2%), from €51,506 to €256,082
of which Non-recurring financial charges: +€188,028
- Gross operating margin -€75,534
new in 2025: -€75,534
- Financial income +€8,504
up €8,504 (+24.7%), from €34,385 to €42,889
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 | €1,711,705 | €431,314 | -€1.3m | -74.8% |
| Formation expenses | 20 | €174 | - | -€174 | |
| Fixed assets | 21/28 | €190,028 | €2,000 | -€188,028 | -98.9% |
| Financial fixed assets | 28 | €190,028 | €2,000 | -€188,028 | -98.9% |
| Current assets | 29/58 | €1,521,502 | €429,314 | -€1.1m | -71.8% |
| Amounts receivable after more than one year | 29 | €650,000 | - | -€650,000 | |
| Other amounts receivable | 291 | €650,000 | - | -€650,000 | |
| Amounts receivable within one year | 40/41 | €331,895 | €429,019 | +€97,123 | +29.3% |
| Other amounts receivable | 41 | €331,895 | €429,019 | +€97,123 | +29.3% |
| Cash at bank and in hand | 54/58 | €539,607 | €295 | -€539,312 | -99.9% |
| Total equity and liabilities | 10/49 | €1,711,705 | €431,314 | -€1.3m | -74.8% |
| Equity | 10/15 | €108,130 | -€1,172,094 | -€1.3m | |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€91,870 | -€1,372,094 | -€1.3m | -1393.5% |
| Amounts payable | 17/49 | €1,603,575 | €1,603,408 | -€167 | 0.0% |
| Amounts payable within one year | 42/48 | €1,603,575 | €1,603,408 | -€167 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €1,561,401 | €1,522,492 | -€38,909 | -2.5% |
| Trade debts | 44 | €449 | - | -€449 | |
| Suppliers | 440/4 | €449 | - | -€449 | |
| Other amounts payable | 47/48 | €41,725 | €80,916 | +€39,191 | +93.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €419 | €174 | -€244 | -58.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €990,160 | +€990,160 | |
| Other operating charges | 640/8 | €982 | €1,162 | +€180 | +18.4% |
| Gross operating margin | 9900 | - | -€75,534 | -€75,534 | |
| Operating profit (loss) | 9901 | -€1,401 | -€1,067,031 | -€1.1m | -76087.1% |
| Financial income | 75/76B | €34,385 | €42,889 | +€8,504 | +24.7% |
| Recurring financial income | 75 | €34,385 | €42,889 | +€8,504 | +24.7% |
| Financial charges | 65/66B | €51,506 | €256,082 | +€204,576 | +397.2% |
| Recurring financial charges | 65 | €51,506 | €68,055 | +€16,548 | +32.1% |
| Non-recurring financial charges | 66B | - | €188,028 | +€188,028 | |
| Profit (loss) for the period before taxes | 9903 | -€18,522 | -€1,280,224 | -€1.3m | -6811.9% |
| Profit (loss) for the period | 9904 | -€18,522 | -€1,280,224 | -€1.3m | -6811.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,522 | -€1,280,224 | -€1.3m | -6811.9% |
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 5 October 2026 via checked.be.