SCUBA: 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.
SCUBA
Largest movements
- Cash +€54,503
up €54,503 (+58.4%), from €93,360 to €147,863
mainly Net result for the year (+€48,146) and Depreciation (+€28,344)
- Tangible fixed assets -€28,344
down €28,344 (-60.5%), from €46,842 to €18,498
of which Furniture and vehicles: -€20,317
- Current investments +€19,292
up €19,292 (+17.0%), from €113,340 to €132,633
- Receivables within one year +€15,461
up €15,461 (+34.5%), from €44,855 to €60,316
of which Trade receivables: +€7,773
- Reserves +€48,146
up €48,146 (+17.1%), from €281,990 to €330,136
of which Distributable reserves: +€48,146
- Trade debts +€12,188
up €12,188 (+203%), from €5,993 to €18,182
- Gross operating margin +€23,200
up €23,200 (+33.2%), from €69,946 to €93,145
- Taxes +€8,163
up €8,163 (+76.6%), from €10,655 to €18,818
- Depreciation -€7,695
down €7,695 (-21.4%), from €36,039 to €28,344
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 | €307,953 | €368,299 | +€60,346 | +19.6% |
| Fixed assets | 21/28 | €46,922 | €18,578 | -€28,344 | -60.4% |
| Tangible fixed assets | 22/27 | €46,842 | €18,498 | -€28,344 | -60.5% |
| Land and buildings | 22 | €14,164 | €8,021 | -€6,143 | -43.4% |
| Plant, machinery and equipment | 23 | €4,785 | €2,900 | -€1,885 | -39.4% |
| Furniture and vehicles | 24 | €27,894 | €7,576 | -€20,317 | -72.8% |
| Financial fixed assets | 28 | €80 | €80 | = | 0.0% |
| Current assets | 29/58 | €261,031 | €349,722 | +€88,690 | +34.0% |
| Stocks and contracts in progress | 3 | €4,518 | €4,518 | = | 0.0% |
| Stocks | 30/36 | €4,518 | €4,518 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €44,855 | €60,316 | +€15,461 | +34.5% |
| Trade receivables | 40 | €26,032 | €33,806 | +€7,773 | +29.9% |
| Other amounts receivable | 41 | €18,823 | €26,510 | +€7,687 | +40.8% |
| Current investments | 50/53 | €113,340 | €132,633 | +€19,292 | +17.0% |
| Cash at bank and in hand | 54/58 | €93,360 | €147,863 | +€54,503 | +58.4% |
| Deferred charges and accrued income | 490/1 | €4,958 | €4,392 | -€565 | -11.4% |
| Total equity and liabilities | 10/49 | €307,953 | €368,299 | +€60,346 | +19.6% |
| Equity | 10/15 | €300,590 | €348,736 | +€48,146 | +16.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €281,990 | €330,136 | +€48,146 | +17.1% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €263,240 | €311,386 | +€48,146 | +18.3% |
| Amounts payable | 17/49 | €7,364 | €19,563 | +€12,200 | +166% |
| Amounts payable within one year | 42/48 | €7,364 | €19,563 | +€12,200 | +166% |
| Trade debts | 44 | €5,993 | €18,182 | +€12,188 | +203% |
| Suppliers | 440/4 | €5,993 | €18,182 | +€12,188 | +203% |
| Taxes, remuneration and social security | 45 | €1,309 | €1,320 | +€11 | +0.9% |
| Taxes | 450/3 | €1,309 | €1,320 | +€11 | +0.9% |
| Other amounts payable | 47/48 | €62 | €62 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,039 | €28,344 | -€7,695 | -21.4% |
| Other operating charges | 640/8 | €993 | €1,164 | +€171 | +17.2% |
| Gross operating margin | 9900 | €69,946 | €93,145 | +€23,200 | +33.2% |
| Operating profit (loss) | 9901 | €32,913 | €63,637 | +€30,724 | +93.3% |
| Financial income | 75/76B | €4,107 | €3,440 | -€667 | -16.2% |
| Recurring financial income | 75 | €4,107 | €3,440 | -€667 | -16.2% |
| Financial charges | 65/66B | €92 | €113 | +€20 | +22.1% |
| Recurring financial charges | 65 | €92 | €113 | +€20 | +22.1% |
| Profit (loss) for the period before taxes | 9903 | €36,928 | €66,964 | +€30,036 | +81.3% |
| Income taxes | 67/77 | €10,655 | €18,818 | +€8,163 | +76.6% |
| Profit (loss) for the period | 9904 | €26,273 | €48,146 | +€21,874 | +83.3% |
| Profit (loss) for the period to be appropriated | 9905 | €26,273 | €48,146 | +€21,874 | +83.3% |
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 13 October 2026 via checked.be.