SCQM: 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.
SCQM
Largest movements
- Cash +€47,905
up €47,905 (+115%), from €41,507 to €89,412
mainly Net result for the year (+€82,541) and Tax, wage and social debts (+€18,658)
- Tangible fixed assets -€7,928
down €7,928 (-20.8%), from €38,036 to €30,107
of which Furniture and vehicles: -€7,529
- Receivables within one year -€1,621
down €1,621 (-8.9%), from €18,306 to €16,685
of which Trade receivables: -€1,642
- Profit (loss) carried forward +€32,541
up €32,541 (+128%), from €25,480 to €58,021
- Tax, wage and social debts +€18,658
up €18,658 (+49.3%), from €37,873 to €56,531
of which Taxes: +€16,951
- Other debts -€14,804
down €14,804 (-58.3%), from €25,415 to €10,610
- Trade debts +€2,541
up €2,541 (+237%), from €1,071 to €3,612
- Gross operating margin +€19,940
up €19,940 (+19.8%), from €100,550 to €120,490
- Taxes +€5,011
up €5,011 (+26.0%), from €19,240 to €24,251
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 | €97,899 | €136,835 | +€38,937 | +39.8% |
| Fixed assets | 21/28 | €38,086 | €30,157 | -€7,928 | -20.8% |
| Tangible fixed assets | 22/27 | €38,036 | €30,107 | -€7,928 | -20.8% |
| Plant, machinery and equipment | 23 | €3,548 | €3,149 | -€400 | -11.3% |
| Furniture and vehicles | 24 | €34,488 | €26,959 | -€7,529 | -21.8% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €59,813 | €106,678 | +€46,865 | +78.4% |
| Amounts receivable within one year | 40/41 | €18,306 | €16,685 | -€1,621 | -8.9% |
| Trade receivables | 40 | €18,306 | €16,664 | -€1,642 | -9.0% |
| Other amounts receivable | 41 | - | €21 | +€21 | |
| Cash at bank and in hand | 54/58 | €41,507 | €89,412 | +€47,905 | +115% |
| Deferred charges and accrued income | 490/1 | - | €581 | +€581 | |
| Total equity and liabilities | 10/49 | €97,899 | €136,835 | +€38,937 | +39.8% |
| Equity | 10/15 | €33,540 | €66,081 | +€32,541 | +97.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,480 | €58,021 | +€32,541 | +128% |
| Amounts payable | 17/49 | €64,359 | €70,754 | +€6,395 | +9.9% |
| Amounts payable within one year | 42/48 | €64,359 | €70,754 | +€6,395 | +9.9% |
| Trade debts | 44 | €1,071 | €3,612 | +€2,541 | +237% |
| Suppliers | 440/4 | €1,071 | €3,612 | +€2,541 | +237% |
| Taxes, remuneration and social security | 45 | €37,873 | €56,531 | +€18,658 | +49.3% |
| Taxes | 450/3 | €33,873 | €50,824 | +€16,951 | +50.0% |
| Remuneration and social security | 454/9 | €4,000 | €5,708 | +€1,708 | +42.7% |
| Other amounts payable | 47/48 | €25,415 | €10,610 | -€14,804 | -58.3% |
| Remuneration, social security and pensions | 62 | €1,441 | €2,073 | +€632 | +43.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,940 | €10,514 | +€574 | +5.8% |
| Other operating charges | 640/8 | €1,762 | €786 | -€976 | -55.4% |
| Gross operating margin | 9900 | €100,550 | €120,490 | +€19,940 | +19.8% |
| Operating profit (loss) | 9901 | €87,408 | €107,118 | +€19,710 | +22.5% |
| Financial income | 75/76B | €1 | €6 | +€5 | +867% |
| Recurring financial income | 75 | €1 | €6 | +€5 | +867% |
| Financial charges | 65/66B | €315 | €331 | +€16 | +5.0% |
| Recurring financial charges | 65 | €315 | €331 | +€16 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | €87,093 | €106,793 | +€19,700 | +22.6% |
| Income taxes | 67/77 | €19,240 | €24,251 | +€5,011 | +26.0% |
| Profit (loss) for the period | 9904 | €67,853 | €82,541 | +€14,689 | +21.6% |
| Profit (loss) for the period to be appropriated | 9905 | €67,853 | €82,541 | +€14,689 | +21.6% |
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 23 October 2026 via checked.be.