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SSC: 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.

What changed

SSC

BE 0897.451.621
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€4,311
2024 · -€3,930-€382
Equity
-€118,677
2024 · -€114,366-€4,311
Cash
€53
2024 · €131-€78
Balance sheet total
€4,835
2024 · €8,356-€3,521

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€3,627

    down €3,627 (-45.1%), from €8,042 to €4,415

  • Receivables within one year +€184

    up €184 (+100.0%), from €184 to €368

Equity and liabilities
  • Debts after one year +€87,000

    up €87,000 (+248.6%), from €35,000 to €122,000

  • Other debts -€86,210

    down €86,210 (-98.6%), from €87,408 to €1,198

  • Profit (loss) carried forward -€4,311

    down €4,311 (-3.2%), from -€132,966 to -€137,277

Income statement
  • Depreciation -€404

    down €404 (-13.6%), from €2,959 to €2,555

  • Gross operating margin +€314

    up €314, from -€314 to €0

  • Financial charges +€28

    up €28 (+4.2%), from €657 to €684

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€3,930
Gross operating margin +€314
Depreciation +€404
Other operating items -€1,072
Financial charges -€28
Result 2025 -€4,311

Cash bridge derived

cash 2024 to 2025

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.

From operations -€88,150
Investment +€1,072
Financing +€87,000
Cash 2024 €131
Net result for the year -€4,311
Depreciation +€2,555
Receivables within one year -€184
Other debts -€86,210
Investment in fixed assets (net) +€1,072
Debts after one year +€87,000
Cash 2025 €53
Every line side by side 30 lines
Line Code 2024 2025 Change %
Total assets 20/58 €8,356 €4,835 -€3,521 -42.1%
Fixed assets 21/28 €8,042 €4,415 -€3,627 -45.1%
Tangible fixed assets 22/27 €8,042 €4,415 -€3,627 -45.1%
Plant, machinery and equipment 23 €3,836 €2,477 -€1,359 -35.4%
Furniture and vehicles 24 €3,134 €1,937 -€1,196 -38.2%
Other tangible fixed assets 26 €1,072 - -€1,072
Current assets 29/58 €315 €421 +€106 +33.6%
Amounts receivable within one year 40/41 €184 €368 +€184 +100.0%
Other amounts receivable 41 €184 €368 +€184 +100.0%
Cash at bank and in hand 54/58 €131 €53 -€78 -59.5%
Total equity and liabilities 10/49 €8,356 €4,835 -€3,521 -42.1%
Equity 10/15 -€114,366 -€118,677 -€4,311 -3.8%
Contributions 10/11 €18,600 €18,600 = 0.0%
Profit (loss) carried forward 14 -€132,966 -€137,277 -€4,311 -3.2%
Amounts payable 17/49 €122,722 €123,512 +€790 +0.6%
Amounts payable after more than one year 17 €35,000 €122,000 +€87,000 +248.6%
Financial debts 170/4 €35,000 €122,000 +€87,000 +248.6%
Amounts payable within one year 42/48 €87,722 €1,512 -€86,210 -98.3%
Trade debts 44 €314 €314 = 0.0%
Suppliers 440/4 €314 €314 = 0.0%
Other amounts payable 47/48 €87,408 €1,198 -€86,210 -98.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €2,959 €2,555 -€404 -13.6%
Non-recurring operating charges 66A - €1,072 +€1,072
Gross operating margin 9900 -€314 €0 +€314
Operating profit (loss) 9901 -€3,273 -€3,627 -€354 -10.8%
Financial charges 65/66B €657 €684 +€28 +4.2%
Recurring financial charges 65 €657 €684 +€28 +4.2%
Profit (loss) for the period before taxes 9903 -€3,930 -€4,311 -€382 -9.7%
Profit (loss) for the period 9904 -€3,930 -€4,311 -€382 -9.7%
Profit (loss) for the period to be appropriated 9905 -€3,930 -€4,311 -€382 -9.7%

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 29 September 2026 via checked.be.