SCALDIS CAPITAL: 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.
SCALDIS CAPITAL
Largest movements
- Current investments +€141,119
up €141,119 (+43.8%), from €322,039 to €463,158
- Cash -€99,290
down €99,290 (-42.3%), from €234,455 to €135,164
mainly Current investments (-€141,119) and Contributions, distributions and other (-€66,405)
- Receivables within one year -€22,164
down €22,164 (-42.0%), from €52,728 to €30,565
of which Trade receivables: -€23,301
- Tangible fixed assets -€16,090
down €16,090 (-27.1%), from €59,317 to €43,226
of which Furniture and vehicles: -€15,584
- Deferred charges and accrued income +€6,927
up €6,927 (+366.9%), from €1,888 to €8,815
- Reserves +€27,392
up €27,392 (+4.9%), from €562,440 to €589,833
- Debts after one year -€14,035
down €14,035 (-35.2%), from €39,898 to €25,862
- Gross operating margin -€32,774
down €32,774 (-18.8%), from €173,990 to €141,215
- Taxes -€8,581
down €8,581 (-18.0%), from €47,789 to €39,208
- Financial income +€5,611
up €5,611 (+75.4%), from €7,446 to €13,057
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 | €670,427 | €680,928 | +€10,501 | +1.6% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €59,317 | €43,226 | -€16,090 | -27.1% |
| Tangible fixed assets | 22/27 | €59,317 | €43,226 | -€16,090 | -27.1% |
| Furniture and vehicles | 24 | €56,642 | €41,058 | -€15,584 | -27.5% |
| Other tangible fixed assets | 26 | €2,675 | €2,169 | -€506 | -18.9% |
| Current assets | 29/58 | €611,110 | €637,702 | +€26,591 | +4.4% |
| Amounts receivable within one year | 40/41 | €52,728 | €30,565 | -€22,164 | -42.0% |
| Trade receivables | 40 | €51,359 | €28,058 | -€23,301 | -45.4% |
| Other amounts receivable | 41 | €1,370 | €2,507 | +€1,137 | +83.0% |
| Current investments | 50/53 | €322,039 | €463,158 | +€141,119 | +43.8% |
| Cash at bank and in hand | 54/58 | €234,455 | €135,164 | -€99,290 | -42.3% |
| Deferred charges and accrued income | 490/1 | €1,888 | €8,815 | +€6,927 | +366.9% |
| Total equity and liabilities | 10/49 | €670,427 | €680,928 | +€10,501 | +1.6% |
| Equity | 10/15 | €606,486 | €633,045 | +€26,559 | +4.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €562,440 | €589,833 | +€27,392 | +4.9% |
| Distributable reserves | 133 | €562,440 | €589,833 | +€27,392 | +4.9% |
| Profit (loss) carried forward | 14 | €31,646 | €30,813 | -€833 | -2.6% |
| Amounts payable | 17/49 | €63,941 | €47,883 | -€16,058 | -25.1% |
| Amounts payable after more than one year | 17 | €39,898 | €25,862 | -€14,035 | -35.2% |
| Financial debts | 170/4 | €39,898 | €25,862 | -€14,035 | -35.2% |
| Amounts payable within one year | 42/48 | €24,043 | €21,950 | -€2,093 | -8.7% |
| Current portion of amounts payable after more than one year | 42 | €13,519 | €14,035 | +€516 | +3.8% |
| Trade debts | 44 | €1,903 | €3,438 | +€1,535 | +80.7% |
| Suppliers | 440/4 | €1,903 | €3,438 | +€1,535 | +80.7% |
| Taxes, remuneration and social security | 45 | €7,752 | €3,229 | -€4,523 | -58.3% |
| Taxes | 450/3 | €7,752 | €3,229 | -€4,523 | -58.3% |
| Other amounts payable | 47/48 | €869 | €1,247 | +€378 | +43.5% |
| Accrued charges and deferred income | 492/3 | - | €70 | +€70 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,979 | €16,090 | -€889 | -5.2% |
| Other operating charges | 640/8 | €1,419 | €1,336 | -€83 | -5.8% |
| Gross operating margin | 9900 | €173,990 | €141,215 | -€32,774 | -18.8% |
| Operating profit (loss) | 9901 | €155,592 | €123,789 | -€31,803 | -20.4% |
| Financial income | 75/76B | €7,446 | €13,057 | +€5,611 | +75.4% |
| Recurring financial income | 75 | €7,446 | €13,057 | +€5,611 | +75.4% |
| Financial charges | 65/66B | €3,283 | €4,673 | +€1,390 | +42.3% |
| Recurring financial charges | 65 | €3,283 | €4,673 | +€1,390 | +42.3% |
| Profit (loss) for the period before taxes | 9903 | €159,755 | €132,173 | -€27,582 | -17.3% |
| Income taxes | 67/77 | €47,789 | €39,208 | -€8,581 | -18.0% |
| Profit (loss) for the period | 9904 | €111,966 | €92,964 | -€19,002 | -17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €111,966 | €92,964 | -€19,002 | -17.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.