ScubaConsulting: 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.
ScubaConsulting
Largest movements
- Tangible fixed assets +€151,704
up €151,704 (+192%), from €79,076 to €230,780
of which Land and buildings: +€170,087
- Current investments +€64,358
up €64,358 (+402%), from €16,000 to €80,358
- Cash -€46,748
down €46,748 (-69.3%), from €67,468 to €20,720
mainly Investment in fixed assets (net) (-€192,902) and Current investments (-€64,358)
- Debts after one year +€158,818
up €158,818 (+827%), from €19,206 to €178,025
- Other debts +€4,800
new in 2024: €4,800
- Depreciation +€18,903
up €18,903 (+82.9%), from €22,814 to €41,717
- Gross operating margin +€13,503
up €13,503 (+19.0%), from €71,170 to €84,673
- Financial income +€5,052
up €5,052 (+3,204%), from €158 to €5,209
- Financial charges +€3,965
up €3,965 (+494%), from €802 to €4,767
- Taxes -€1,448
down €1,448 (-12.5%), from €11,589 to €10,141
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €232,590 | €398,746 | +€166,156 | +71.4% |
| Fixed assets | 21/28 | €81,599 | €232,783 | +€151,184 | +185% |
| Intangible fixed assets | 21 | €2,523 | €2,003 | -€520 | -20.6% |
| Tangible fixed assets | 22/27 | €79,076 | €230,780 | +€151,704 | +192% |
| Land and buildings | 22 | - | €170,087 | +€170,087 | |
| Plant, machinery and equipment | 23 | €6,498 | €7,700 | +€1,202 | +18.5% |
| Furniture and vehicles | 24 | €37,115 | €20,419 | -€16,696 | -45.0% |
| Other tangible fixed assets | 26 | €35,462 | €32,574 | -€2,888 | -8.1% |
| Current assets | 29/58 | €150,991 | €165,963 | +€14,972 | +9.9% |
| Amounts receivable after more than one year | 29 | €17,500 | €15,754 | -€1,746 | -10.0% |
| Other amounts receivable | 291 | €17,500 | €15,754 | -€1,746 | -10.0% |
| Amounts receivable within one year | 40/41 | €41,844 | €43,542 | +€1,698 | +4.1% |
| Trade receivables | 40 | €27,355 | €20,056 | -€7,299 | -26.7% |
| Other amounts receivable | 41 | €14,489 | €23,486 | +€8,997 | +62.1% |
| Current investments | 50/53 | €16,000 | €80,358 | +€64,358 | +402% |
| Cash at bank and in hand | 54/58 | €67,468 | €20,720 | -€46,748 | -69.3% |
| Deferred charges and accrued income | 490/1 | €8,179 | €5,589 | -€2,590 | -31.7% |
| Total equity and liabilities | 10/49 | €232,590 | €398,746 | +€166,156 | +71.4% |
| Equity | 10/15 | €183,110 | €183,105 | -€4 | 0.0% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €183,010 | €183,010 | = | 0.0% |
| Distributable reserves | 133 | €183,010 | €183,010 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€4 | -€4 | |
| Amounts payable | 17/49 | €49,480 | €215,641 | +€166,161 | +336% |
| Amounts payable after more than one year | 17 | €19,206 | €178,025 | +€158,818 | +827% |
| Financial debts | 170/4 | €19,206 | €178,025 | +€158,818 | +827% |
| Amounts payable within one year | 42/48 | €30,274 | €36,949 | +€6,675 | +22.0% |
| Current portion of amounts payable after more than one year | 42 | €16,198 | €16,442 | +€245 | +1.5% |
| Financial debts | 43 | €1,059 | €862 | -€197 | -18.6% |
| Credit institutions | 430/8 | €1,059 | €862 | -€197 | -18.6% |
| Trade debts | 44 | €5,819 | €4,102 | -€1,717 | -29.5% |
| Suppliers | 440/4 | €5,819 | €4,102 | -€1,717 | -29.5% |
| Taxes, remuneration and social security | 45 | €7,199 | €10,743 | +€3,544 | +49.2% |
| Taxes | 450/3 | €7,177 | €10,743 | +€3,566 | +49.7% |
| Remuneration and social security | 454/9 | €22 | €0 | -€22 | -100% |
| Other amounts payable | 47/48 | - | €4,800 | +€4,800 | |
| Accrued charges and deferred income | 492/3 | - | €668 | +€668 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,814 | €41,717 | +€18,903 | +82.9% |
| Other operating charges | 640/8 | €410 | €1,262 | +€852 | +208% |
| Non-recurring operating charges | 66A | €6,934 | €0 | -€6,934 | -100% |
| Gross operating margin | 9900 | €71,170 | €84,673 | +€13,503 | +19.0% |
| Operating profit (loss) | 9901 | €41,012 | €41,694 | +€682 | +1.7% |
| Financial income | 75/76B | €158 | €5,209 | +€5,052 | +3,204% |
| Recurring financial income | 75 | €158 | €5,209 | +€5,052 | +3,204% |
| Financial charges | 65/66B | €802 | €4,767 | +€3,965 | +494% |
| Recurring financial charges | 65 | €802 | €4,767 | +€3,965 | +494% |
| Profit (loss) for the period before taxes | 9903 | €40,367 | €42,137 | +€1,769 | +4.4% |
| Income taxes | 67/77 | €11,589 | €10,141 | -€1,448 | -12.5% |
| Profit (loss) for the period | 9904 | €28,779 | €31,996 | +€3,217 | +11.2% |
| Profit (loss) for the period to be appropriated | 9905 | €28,779 | €31,996 | +€3,217 | +11.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.