Project Scaldis: 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.
Project Scaldis
Largest movements
- Stocks and contracts -€1.1m
down €1.1m (-34.9%), from €3.0m to €2.0m
- Cash +€342,807
up €342,807 (+12485.1%), from €2,746 to €345,553
mainly Stocks and contracts (+€1.1m) and Debts after one year (+€722,181)
- Deferred charges and accrued income -€193,057
down €193,057 (-87.0%), from €221,910 to €28,853
- Receivables within one year -€174,166
down €174,166 (-94.8%), from €183,696 to €9,530
of which Trade receivables: -€149,771
- Current portion of long-term debt -€1.5m
down €1.5m (-50.6%), from €2.9m to €1.5m
- Debts after one year +€722,181
new in 2024: €722,181
- Trade debts -€345,477
down €345,477 (-93.1%), from €371,147 to €25,670
- Tax, wage and social debts +€86,756
up €86,756 (+446734.4%), from €19 to €86,775
- Other debts -€49,640
down €49,640 (-45.4%), from €109,276 to €59,635
- Gross operating margin +€109,505
up €109,505 (+162.1%), from €67,556 to €177,061
- Financial charges +€108,648
up €108,648 (+174.5%), from €62,275 to €170,923
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.
Cash bridge derived
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 | €3,443,153 | €2,360,738 | -€1.1m | -31.4% |
| Current assets | 29/58 | €3,443,153 | €2,360,738 | -€1.1m | -31.4% |
| Stocks and contracts in progress | 3 | €3,034,801 | €1,976,801 | -€1.1m | -34.9% |
| Stocks | 30/36 | €3,034,801 | €1,976,801 | -€1.1m | -34.9% |
| Amounts receivable within one year | 40/41 | €183,696 | €9,530 | -€174,166 | -94.8% |
| Trade receivables | 40 | €159,226 | €9,455 | -€149,771 | -94.1% |
| Other amounts receivable | 41 | €24,470 | €75 | -€24,395 | -99.7% |
| Cash at bank and in hand | 54/58 | €2,746 | €345,553 | +€342,807 | +12485.1% |
| Deferred charges and accrued income | 490/1 | €221,910 | €28,853 | -€193,057 | -87.0% |
| Total equity and liabilities | 10/49 | €3,443,153 | €2,360,738 | -€1.1m | -31.4% |
| Equity | 10/15 | €10,087 | €11,012 | +€925 | +9.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €87 | €1,012 | +€925 | +1064.1% |
| Distributable reserves | 133 | €87 | €1,012 | +€925 | +1064.1% |
| Amounts payable | 17/49 | €3,433,066 | €2,349,726 | -€1.1m | -31.6% |
| Amounts payable after more than one year | 17 | - | €722,181 | +€722,181 | |
| Financial debts | 170/4 | - | €722,181 | +€722,181 | |
| Amounts payable within one year | 42/48 | €3,433,066 | €1,627,545 | -€1.8m | -52.6% |
| Current portion of amounts payable after more than one year | 42 | €2,945,477 | €1,455,464 | -€1.5m | -50.6% |
| Financial debts | 43 | €7,147 | - | -€7,147 | |
| Credit institutions | 430/8 | €7,147 | - | -€7,147 | |
| Trade debts | 44 | €371,147 | €25,670 | -€345,477 | -93.1% |
| Suppliers | 440/4 | €371,147 | €25,670 | -€345,477 | -93.1% |
| Taxes, remuneration and social security | 45 | €19 | €86,775 | +€86,756 | +446734.4% |
| Taxes | 450/3 | €19 | €86,775 | +€86,756 | +446734.4% |
| Other amounts payable | 47/48 | €109,276 | €59,635 | -€49,640 | -45.4% |
| Other operating charges | 640/8 | €5,253 | €5,694 | +€442 | +8.4% |
| Gross operating margin | 9900 | €67,556 | €177,061 | +€109,505 | +162.1% |
| Operating profit (loss) | 9901 | €62,304 | €171,367 | +€109,063 | +175.1% |
| Financial income | 75/76B | - | €481 | +€481 | |
| Recurring financial income | 75 | - | €481 | +€481 | |
| Financial charges | 65/66B | €62,275 | €170,923 | +€108,648 | +174.5% |
| Recurring financial charges | 65 | €62,275 | €170,923 | +€108,648 | +174.5% |
| Profit (loss) for the period before taxes | 9903 | €29 | €925 | +€896 | +3127.7% |
| Income taxes | 67/77 | €19 | - | -€19 | |
| Profit (loss) for the period | 9904 | €9 | €925 | +€916 | +9918.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9 | €925 | +€916 | +9918.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.