SCABEL: 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
SCABEL
NACE 46.389, Wholesale of other food products
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€261,871
2023 · €227,364+€34,507
Equity
€1.5m
2023 · €1.2m+€261,871
Cash
€142.2m
2023 · €45.8m+€96.4m
Balance sheet total
€512.3m
2023 · €526.9m-€14.6m
Largest movements
Assets
- Receivables within one year -€111.2m
down €111.2m (-23.2%), from €478.3m to €367.1m
of which Trade receivables: -€90.1m
- Cash +€96.4m
up €96.4m (+210.5%), from €45.8m to €142.2m
mainly Receivables within one year (+€111.2m) and Depreciation (+€873,367)
Equity and liabilities
- Trade debts -€14.4m
down €14.4m (-2.8%), from €524.5m to €510.0m
Income statement
- Turnover +€462.5m
up €462.5m (+8.7%), from €5.33bn to €5.80bn
- Goods and materials +€462.0m
up €462.0m (+8.7%), from €5.32bn to €5.78bn
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.
Result 2023
€227,364
Turnover
+€462.5m
Other operating income
-€11.6m
Goods and materials
-€462.0m
Services and other goods
+€914,392
Staff costs
-€333,647
Depreciation
-€142,254
Other operating charges
+€11.6m
Financial income
-€1.2m
Financial charges
+€218,250
Taxes
+€5,360
Result 2024
€261,871
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.
From operations
+€97.3m
Investment
-€919,171
Financing
€0
Cash 2023
€45.8m
From operations (derived)
+€97.3m
Net result for the year
+€261,871
Depreciation
+€873,367
Receivables within one year
+€111.2m
Smaller working-capital items
-€147,052
Trade debts
-€14.4m
Tax, wage and social debts
-€386,404
Investment (derived)
-€919,171
Investment in fixed assets (net)
-€919,171
Cash 2024
€142.2m
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €526,850,189 | €512,288,976 | -€14.6m | -2.8% |
| Fixed assets | 21/28 | €2,345,274 | €2,391,078 | +€45,804 | +2.0% |
| Intangible fixed assets | 21 | €2,039,102 | €2,135,155 | +€96,053 | +4.7% |
| Tangible fixed assets | 22/27 | €187,943 | €137,694 | -€50,250 | -26.7% |
| Furniture and vehicles | 24 | €80,145 | €52,501 | -€27,644 | -34.5% |
| Other tangible fixed assets | 26 | €107,798 | €85,193 | -€22,605 | -21.0% |
| Financial fixed assets | 28 | €118,229 | €118,229 | = | 0.0% |
| Affiliated companies | 280/1 | €98,000 | €98,000 | = | 0.0% |
| Participating interests | 280 | €98,000 | €98,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €20,229 | €20,229 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €20,229 | €20,229 | = | 0.0% |
| Current assets | 29/58 | €524,504,915 | €509,897,898 | -€14.6m | -2.8% |
| Amounts receivable within one year | 40/41 | €478,283,522 | €367,104,173 | -€111.2m | -23.2% |
| Trade receivables | 40 | €132,141,220 | €42,016,980 | -€90.1m | -68.2% |
| Other amounts receivable | 41 | €346,142,302 | €325,087,193 | -€21.1m | -6.1% |
| Cash at bank and in hand | 54/58 | €45,797,188 | €142,210,335 | +€96.4m | +210.5% |
| Deferred charges and accrued income | 490/1 | €424,205 | €583,391 | +€159,186 | +37.5% |
| Total equity and liabilities | 10/49 | €526,850,189 | €512,288,976 | -€14.6m | -2.8% |
| Equity | 10/15 | €1,247,892 | €1,509,763 | +€261,871 | +21.0% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €30,000 | €30,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €30,000 | €30,000 | = | 0.0% |
| Legal reserve | 130 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €917,892 | €1,179,763 | +€261,871 | +28.5% |
| Amounts payable | 17/49 | €525,602,297 | €510,779,213 | -€14.8m | -2.8% |
| Amounts payable within one year | 42/48 | €525,602,297 | €510,757,120 | -€14.8m | -2.8% |
| Trade debts | 44 | €524,469,172 | €510,020,358 | -€14.4m | -2.8% |
| Suppliers | 440/4 | €524,469,172 | €510,020,358 | -€14.4m | -2.8% |
| Taxes, remuneration and social security | 45 | €1,123,167 | €736,763 | -€386,404 | -34.4% |
| Taxes | 450/3 | €681,666 | €219,927 | -€461,739 | -67.7% |
| Remuneration and social security | 454/9 | €441,501 | €516,836 | +€75,335 | +17.1% |
| Other amounts payable | 47/48 | €9,959 | - | -€9,959 | |
| Accrued charges and deferred income | 492/3 | - | €22,093 | +€22,093 | |
| Operating income | 70/76A | €5,361,962,928 | €5,812,901,295 | +€450.9m | +8.4% |
| Turnover | 70 | €5,334,561,423 | €5,797,093,318 | +€462.5m | +8.7% |
| Other operating income | 74 | €27,401,505 | €15,807,977 | -€11.6m | -42.3% |
| Operating charges | 60/66A | €5,362,666,753 | €5,812,551,847 | +€449.9m | +8.4% |
| Goods for resale, raw materials and consumables | 60 | €5,322,649,092 | €5,784,610,473 | +€462.0m | +8.7% |
| Purchases | 600/8 | €5,322,649,092 | €5,784,610,473 | +€462.0m | +8.7% |
| Services and other goods | 61 | €13,502,318 | €12,587,926 | -€914,392 | -6.8% |
| Remuneration, social security and pensions | 62 | €2,771,839 | €3,105,485 | +€333,647 | +12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €731,113 | €873,367 | +€142,254 | +19.5% |
| Other operating charges | 640/8 | €23,012,392 | €11,374,596 | -€11.6m | -50.6% |
| Operating profit (loss) | 9901 | -€703,825 | €349,447 | +€1.1m | |
| Financial income | 75/76B | €1,342,849 | €100,475 | -€1.2m | -92.5% |
| Recurring financial income | 75 | €1,342,849 | €100,475 | -€1.2m | -92.5% |
| Income from current assets | 751 | €1,342,849 | €34,541 | -€1.3m | -97.4% |
| Other financial income | 752/9 | €0 | €65,934 | +€65,933 | +73259388.9% |
| Financial charges | 65/66B | €284,553 | €66,303 | -€218,250 | -76.7% |
| Recurring financial charges | 65 | €284,553 | €66,303 | -€218,250 | -76.7% |
| Debt charges | 650 | €114,361 | €35,743 | -€78,618 | -68.7% |
| Other financial charges | 652/9 | €170,192 | €30,560 | -€139,632 | -82.0% |
| Profit (loss) for the period before taxes | 9903 | €354,472 | €383,619 | +€29,147 | +8.2% |
| Income taxes | 67/77 | €127,108 | €121,748 | -€5,360 | -4.2% |
| Taxes | 670/3 | €127,108 | €127,917 | +€810 | +0.6% |
| Tax adjustments and reversals of tax provisions | 77 | - | €6,170 | +€6,170 | |
| Profit (loss) for the period | 9904 | €227,364 | €261,871 | +€34,507 | +15.2% |
| Profit (loss) for the period to be appropriated | 9905 | €227,364 | €261,871 | +€34,507 | +15.2% |
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 30 September 2026 via checked.be.