SCULIER: 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.
SCULIER
Largest movements
- Tangible fixed assets -€154,771
down €154,771 (-26.2%), from €589,836 to €435,065
of which Plant, machinery and equipment: -€106,759
- Receivables within one year -€121,017
down €121,017 (-21.6%), from €560,836 to €439,819
of which Trade receivables: -€110,004
- Deferred charges and accrued income +€24,783
up €24,783 (+94.7%), from €26,157 to €50,940
- Trade debts -€159,082
down €159,082 (-49.3%), from €322,967 to €163,885
of which Suppliers: -€123,956
- Debts after one year -€82,522
down €82,522 (-22.2%), from €371,324 to €288,801
- Accrued charges and deferred income +€14,623
up €14,623 (+109.6%), from €13,345 to €27,968
- Profit (loss) carried forward -€14,521
down €14,521, from €9,511 to -€5,010
- Gross operating margin -€91,277
down €91,277 (-18.2%), from €500,423 to €409,146
- Other operating charges +€35,030
up €35,030 (+430.2%), from €8,143 to €43,173
- Staff costs -€16,374
down €16,374 (-8.0%), from €203,525 to €187,150
- Taxes -€7,042
down €7,042 (-60.5%), from €11,644 to €4,602
- Financial income +€6,307
up €6,307 (+364.0%), from €1,733 to €8,039
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 | €1,214,339 | €953,982 | -€260,357 | -21.4% |
| Fixed assets | 21/28 | €589,836 | €435,065 | -€154,771 | -26.2% |
| Tangible fixed assets | 22/27 | €589,836 | €435,065 | -€154,771 | -26.2% |
| Plant, machinery and equipment | 23 | €403,481 | €296,722 | -€106,759 | -26.5% |
| Furniture and vehicles | 24 | €150,743 | €104,929 | -€45,813 | -30.4% |
| Other tangible fixed assets | 26 | €35,613 | €33,414 | -€2,199 | -6.2% |
| Current assets | 29/58 | €624,503 | €518,917 | -€105,586 | -16.9% |
| Stocks and contracts in progress | 3 | €25,782 | €16,915 | -€8,866 | -34.4% |
| Stocks | 30/36 | €25,782 | €16,915 | -€8,866 | -34.4% |
| Amounts receivable within one year | 40/41 | €560,836 | €439,819 | -€121,017 | -21.6% |
| Trade receivables | 40 | €521,869 | €411,865 | -€110,004 | -21.1% |
| Other amounts receivable | 41 | €38,967 | €27,953 | -€11,014 | -28.3% |
| Cash at bank and in hand | 54/58 | €11,728 | €11,244 | -€485 | -4.1% |
| Deferred charges and accrued income | 490/1 | €26,157 | €50,940 | +€24,783 | +94.7% |
| Total equity and liabilities | 10/49 | €1,214,339 | €953,982 | -€260,357 | -21.4% |
| Equity | 10/15 | €323,598 | €312,478 | -€11,120 | -3.4% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €249,617 | €249,617 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €243,467 | €243,467 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,511 | -€5,010 | -€14,521 | |
| Investment grants | 15 | €2,970 | €6,371 | +€3,401 | +114.5% |
| Amounts payable | 17/49 | €890,742 | €641,505 | -€249,237 | -28.0% |
| Amounts payable after more than one year | 17 | €371,324 | €288,801 | -€82,522 | -22.2% |
| Financial debts | 170/4 | €371,324 | €288,801 | -€82,522 | -22.2% |
| Amounts payable within one year | 42/48 | €506,073 | €324,736 | -€181,337 | -35.8% |
| Current portion of amounts payable after more than one year | 42 | €128,933 | €126,140 | -€2,793 | -2.2% |
| Financial debts | 43 | €11,503 | - | -€11,503 | |
| Credit institutions | 430/8 | €11,503 | - | -€11,503 | |
| Trade debts | 44 | €322,967 | €163,885 | -€159,082 | -49.3% |
| Suppliers | 440/4 | €287,841 | €163,885 | -€123,956 | -43.1% |
| Bills of exchange payable | 441 | €35,126 | - | -€35,126 | |
| Advances received on contracts in progress | 46 | €4,046 | €4,046 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €26,705 | €26,771 | +€66 | +0.2% |
| Taxes | 450/3 | €18,067 | €23,374 | +€5,307 | +29.4% |
| Remuneration and social security | 454/9 | €8,639 | €3,397 | -€5,241 | -60.7% |
| Other amounts payable | 47/48 | €11,919 | €3,894 | -€8,024 | -67.3% |
| Accrued charges and deferred income | 492/3 | €13,345 | €27,968 | +€14,623 | +109.6% |
| Non-recurring operating income | 76A | €6,612 | €1,350 | -€5,262 | -79.6% |
| Remuneration, social security and pensions | 62 | €203,525 | €187,150 | -€16,374 | -8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €169,538 | €167,271 | -€2,267 | -1.3% |
| Other operating charges | 640/8 | €8,143 | €43,173 | +€35,030 | +430.2% |
| Gross operating margin | 9900 | €500,423 | €409,146 | -€91,277 | -18.2% |
| Operating profit (loss) | 9901 | €119,217 | €11,552 | -€107,665 | -90.3% |
| Financial income | 75/76B | €1,733 | €8,039 | +€6,307 | +364.0% |
| Recurring financial income | 75 | €1,733 | €8,039 | +€6,307 | +364.0% |
| Financial charges | 65/66B | €34,210 | €29,510 | -€4,700 | -13.7% |
| Recurring financial charges | 65 | €34,210 | €29,510 | -€4,700 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | €86,739 | -€9,919 | -€96,658 | |
| Income taxes | 67/77 | €11,644 | €4,602 | -€7,042 | -60.5% |
| Profit (loss) for the period | 9904 | €75,095 | -€14,521 | -€89,616 | |
| Profit (loss) for the period to be appropriated | 9905 | €75,095 | -€14,521 | -€89,616 |
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 8 October 2026 via checked.be.