Scaffco: 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.
Scaffco
Largest movements
- Cash -€151,014
down €151,014 (-99.5%), from €151,807 to €793
mainly Trade debts (-€200,819) and Receivables within one year (-€37,629)
- Receivables within one year +€37,629
up €37,629 (+4.6%), from €814,939 to €852,569
of which Other amounts receivable: +€88,271
- Trade debts -€200,819
down €200,819 (-21.9%), from €918,276 to €717,457
- Short-term financial debts +€89,205
new in 2025: €89,205
- Debts after one year -€26,078
down €26,078 (-31.9%), from €81,757 to €55,679
- Reserves +€15,019
up €15,019 (+11.7%), from €128,664 to €143,683
of which Distributable reserves: +€15,019
- Gross operating margin +€35,013
up €35,013 (+7.0%), from €502,573 to €537,586
- Staff costs +€24,819
up €24,819 (+6.0%), from €416,084 to €440,903
- Financial charges -€5,951
down €5,951 (-13.9%), from €42,835 to €36,884
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.
Cash bridge derived
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 | €1,228,164 | €1,098,990 | -€129,174 | -10.5% |
| Fixed assets | 21/28 | €160,761 | €153,809 | -€6,952 | -4.3% |
| Tangible fixed assets | 22/27 | €154,204 | €147,252 | -€6,952 | -4.5% |
| Plant, machinery and equipment | 23 | €152,057 | €144,185 | -€7,872 | -5.2% |
| Furniture and vehicles | 24 | €2,147 | €3,067 | +€920 | +42.9% |
| Financial fixed assets | 28 | €6,557 | €6,557 | = | 0.0% |
| Current assets | 29/58 | €1,067,403 | €945,181 | -€122,222 | -11.5% |
| Amounts receivable after more than one year | 29 | €90,000 | €90,000 | = | 0.0% |
| Other amounts receivable | 291 | €90,000 | €90,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €814,939 | €852,569 | +€37,629 | +4.6% |
| Trade receivables | 40 | €351,781 | €301,139 | -€50,641 | -14.4% |
| Other amounts receivable | 41 | €463,158 | €551,429 | +€88,271 | +19.1% |
| Cash at bank and in hand | 54/58 | €151,807 | €793 | -€151,014 | -99.5% |
| Deferred charges and accrued income | 490/1 | €10,656 | €1,820 | -€8,837 | -82.9% |
| Total equity and liabilities | 10/49 | €1,228,164 | €1,098,990 | -€129,174 | -10.5% |
| Equity | 10/15 | €179,264 | €194,283 | +€15,019 | +8.4% |
| Contributions | 10/11 | €50,600 | €50,600 | = | 0.0% |
| Reserves | 13 | €128,664 | €143,683 | +€15,019 | +11.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €128,664 | €143,683 | +€15,019 | +11.7% |
| Amounts payable | 17/49 | €1,048,900 | €904,707 | -€144,193 | -13.7% |
| Amounts payable after more than one year | 17 | €81,757 | €55,679 | -€26,078 | -31.9% |
| Financial debts | 170/4 | €81,757 | €55,679 | -€26,078 | -31.9% |
| Amounts payable within one year | 42/48 | €967,143 | €849,028 | -€118,115 | -12.2% |
| Current portion of amounts payable after more than one year | 42 | €27,933 | €26,078 | -€1,855 | -6.6% |
| Financial debts | 43 | - | €89,205 | +€89,205 | |
| Credit institutions | 430/8 | - | €89,205 | +€89,205 | |
| Trade debts | 44 | €918,276 | €717,457 | -€200,819 | -21.9% |
| Suppliers | 440/4 | €918,276 | €717,457 | -€200,819 | -21.9% |
| Taxes, remuneration and social security | 45 | €20,934 | €16,288 | -€4,646 | -22.2% |
| Taxes | 450/3 | €7,622 | €16,288 | +€8,666 | +113.7% |
| Remuneration and social security | 454/9 | €13,312 | €0 | -€13,312 | -100.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €416,084 | €440,903 | +€24,819 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,986 | €27,242 | +€4,257 | +18.5% |
| Other operating charges | 640/8 | €3,926 | €6,544 | +€2,618 | +66.7% |
| Gross operating margin | 9900 | €502,573 | €537,586 | +€35,013 | +7.0% |
| Operating profit (loss) | 9901 | €59,577 | €62,897 | +€3,320 | +5.6% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €42,835 | €36,884 | -€5,951 | -13.9% |
| Recurring financial charges | 65 | €42,835 | €36,884 | -€5,951 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | €16,743 | €26,013 | +€9,270 | +55.4% |
| Income taxes | 67/77 | €6,469 | €10,994 | +€4,524 | +69.9% |
| Profit (loss) for the period | 9904 | €10,273 | €15,019 | +€4,746 | +46.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,273 | €15,019 | +€4,746 | +46.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.