SCALDIS PROJECTS: 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 PROJECTS
Largest movements
- Stocks and contracts +€10.6m
up €10.6m (+178.9%), from €5.9m to €16.6m
- Deferred charges and accrued income +€1.9m
new in 2025: €1.9m
- Cash +€1.5m
up €1.5m (+508.3%), from €286,610 to €1.7m
mainly Advances received (+€11.2m) and Trade debts (+€2.9m)
- Receivables within one year +€312,442
up €312,442 (+294.1%), from €106,219 to €418,661
of which Other amounts receivable: +€265,770
- Advances received +€11.2m
up €11.2m (+811.2%), from €1.4m to €12.6m
- Trade debts +€2.9m
up €2.9m (+2950.8%), from €96,989 to €3.0m
- Gross operating margin -€229,075
down €229,075 (-78.1%), from €293,170 to €64,094
- Financial income +€77,316
up €77,316 (+333.3%), from €23,198 to €100,513
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 | €6,329,934 | €20,642,303 | +€14.3m | +226.1% |
| Current assets | 29/58 | €6,329,934 | €20,642,303 | +€14.3m | +226.1% |
| Stocks and contracts in progress | 3 | €5,937,105 | €16,560,125 | +€10.6m | +178.9% |
| Contracts in progress | 37 | €5,937,105 | €16,560,125 | +€10.6m | +178.9% |
| Amounts receivable within one year | 40/41 | €106,219 | €418,661 | +€312,442 | +294.1% |
| Trade receivables | 40 | €10,585 | €57,257 | +€46,673 | +440.9% |
| Other amounts receivable | 41 | €95,634 | €361,404 | +€265,770 | +277.9% |
| Cash at bank and in hand | 54/58 | €286,610 | €1,743,517 | +€1.5m | +508.3% |
| Deferred charges and accrued income | 490/1 | - | €1,920,000 | +€1.9m | |
| Total equity and liabilities | 10/49 | €6,329,934 | €20,642,303 | +€14.3m | +226.1% |
| Equity | 10/15 | €1,684,916 | €1,839,017 | +€154,101 | +9.1% |
| Contributions | 10/11 | €4,062,000 | €4,062,000 | = | 0.0% |
| Capital | 10 | €4,062,000 | €4,062,000 | = | 0.0% |
| Issued capital | 100 | €4,062,000 | €4,062,000 | = | 0.0% |
| Reserves | 13 | €1,145 | €1,145 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,145 | €1,145 | = | 0.0% |
| Legal reserve | 130 | €1,145 | €1,145 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,378,229 | -€2,224,128 | +€154,101 | +6.5% |
| Amounts payable | 17/49 | €4,645,018 | €18,803,287 | +€14.2m | +304.8% |
| Amounts payable within one year | 42/48 | €4,644,888 | €18,803,156 | +€14.2m | +304.8% |
| Trade debts | 44 | €96,989 | €2,958,903 | +€2.9m | +2950.8% |
| Suppliers | 440/4 | €96,989 | €2,958,903 | +€2.9m | +2950.8% |
| Advances received on contracts in progress | 46 | €1,383,332 | €12,604,702 | +€11.2m | +811.2% |
| Other amounts payable | 47/48 | €3,164,567 | €3,239,550 | +€74,983 | +2.4% |
| Accrued charges and deferred income | 492/3 | €130 | €130 | +€0 | 0.0% |
| Non-recurring operating income | 76A | - | €58,417 | +€58,417 | |
| Other operating charges | 640/8 | €5,853 | €7,035 | +€1,182 | +20.2% |
| Gross operating margin | 9900 | €293,170 | €64,094 | -€229,075 | -78.1% |
| Operating profit (loss) | 9901 | €287,317 | €57,059 | -€230,258 | -80.1% |
| Financial income | 75/76B | €23,198 | €100,513 | +€77,316 | +333.3% |
| Recurring financial income | 75 | €23,198 | €100,513 | +€77,316 | +333.3% |
| Financial charges | 65/66B | €2,717 | €3,472 | +€755 | +27.8% |
| Recurring financial charges | 65 | €2,717 | €3,472 | +€755 | +27.8% |
| Profit (loss) for the period before taxes | 9903 | €307,797 | €154,101 | -€153,697 | -49.9% |
| Profit (loss) for the period | 9904 | €307,797 | €154,101 | -€153,697 | -49.9% |
| Profit (loss) for the period to be appropriated | 9905 | €307,797 | €154,101 | -€153,697 | -49.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.