SSC Two: 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.
SSC Two
Largest movements
- Receivables within one year -€50,080
down €50,080 (-57.4%), from €87,259 to €37,180
of which Other amounts receivable: -€43,563
- Stocks and contracts +€8,634
up €8,634 (+151%), from €5,722 to €14,356
- Trade debts -€39,539
down €39,539 (-87.9%), from €44,983 to €5,444
- Other debts +€8,700
up €8,700 (+55.1%), from €15,800 to €24,500
- Tax, wage and social debts -€7,953
down €7,953 (-34.5%), from €23,030 to €15,078
of which Taxes: -€8,708
- Current portion of long-term debt -€3,351
down €3,351 (-100%), from €3,351 to €0
- Gross operating margin -€32,892
down €32,892 (-15.5%), from €212,663 to €179,772
- Staff costs +€9,531
up €9,531 (+6.8%), from €141,050 to €150,582
- Other operating charges -€2,403
down €2,403 (-62.8%), from €3,828 to €1,425
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 | €116,449 | €74,630 | -€41,819 | -35.9% |
| Fixed assets | 21/28 | €523 | €375 | -€148 | -28.3% |
| Tangible fixed assets | 22/27 | €148 | €0 | -€148 | -100% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €148 | €0 | -€148 | -100% |
| Financial fixed assets | 28 | €375 | €375 | = | 0.0% |
| Current assets | 29/58 | €115,925 | €74,255 | -€41,671 | -35.9% |
| Stocks and contracts in progress | 3 | €5,722 | €14,356 | +€8,634 | +151% |
| Stocks | 30/36 | €5,722 | €14,356 | +€8,634 | +151% |
| Amounts receivable within one year | 40/41 | €87,259 | €37,180 | -€50,080 | -57.4% |
| Trade receivables | 40 | €6,517 | €0 | -€6,517 | -100% |
| Other amounts receivable | 41 | €80,742 | €37,180 | -€43,563 | -54.0% |
| Cash at bank and in hand | 54/58 | €22,647 | €22,086 | -€561 | -2.5% |
| Deferred charges and accrued income | 490/1 | €297 | €633 | +€336 | +113% |
| Total equity and liabilities | 10/49 | €116,449 | €74,630 | -€41,819 | -35.9% |
| Equity | 10/15 | €29,284 | €29,608 | +€324 | +1.1% |
| Contributions | 10/11 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €16,890 | €17,213 | +€324 | +1.9% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Tax-exempt reserves | 132 | €5,600 | €5,600 | = | 0.0% |
| Distributable reserves | 133 | €9,430 | €11,613 | +€2,184 | +23.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €87,165 | €45,022 | -€42,143 | -48.3% |
| Amounts payable within one year | 42/48 | €87,165 | €45,022 | -€42,143 | -48.3% |
| Current portion of amounts payable after more than one year | 42 | €3,351 | €0 | -€3,351 | -100% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €44,983 | €5,444 | -€39,539 | -87.9% |
| Suppliers | 440/4 | €44,983 | €5,444 | -€39,539 | -87.9% |
| Taxes, remuneration and social security | 45 | €23,030 | €15,078 | -€7,953 | -34.5% |
| Taxes | 450/3 | €10,618 | €1,909 | -€8,708 | -82.0% |
| Remuneration and social security | 454/9 | €12,413 | €13,168 | +€756 | +6.1% |
| Other amounts payable | 47/48 | €15,800 | €24,500 | +€8,700 | +55.1% |
| Remuneration, social security and pensions | 62 | €141,050 | €150,582 | +€9,531 | +6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €300 | €148 | -€152 | -50.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,101 | €0 | -€1,101 | -100% |
| Other operating charges | 640/8 | €3,828 | €1,425 | -€2,403 | -62.8% |
| Gross operating margin | 9900 | €212,663 | €179,772 | -€32,892 | -15.5% |
| Operating profit (loss) | 9901 | €66,384 | €27,616 | -€38,768 | -58.4% |
| Financial income | 75/76B | €0 | €1,148 | +€1,148 | |
| Recurring financial income | 75 | €0 | €1,148 | +€1,148 | |
| Financial charges | 65/66B | €3,526 | €2,031 | -€1,496 | -42.4% |
| Recurring financial charges | 65 | €3,526 | €2,031 | -€1,496 | -42.4% |
| Profit (loss) for the period before taxes | 9903 | €62,858 | €26,734 | -€36,124 | -57.5% |
| Income taxes | 67/77 | €4 | €1,910 | +€1,907 | +54,167% |
| Profit (loss) for the period | 9904 | €62,855 | €24,824 | -€38,031 | -60.5% |
| Profit (loss) for the period to be appropriated | 9905 | €62,855 | €24,824 | -€38,031 | -60.5% |
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 20 October 2026 via checked.be.