SCALDOPACK: 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.
What changed
SCALDOPACK
NACE 28.291, Manufacture of machinery and equipment not elsewhere classified
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€368,270
2024 · €899,319-€531,049
Equity
€2.8m
2024 · €2.5m+€339,479
Cash
€96,458
2024 · €7,436+€89,022
Balance sheet total
€7.7m
2024 · €7.7m-€7,057
Largest movements
Assets
- Intangible fixed assets -€177,614
down €177,614 (-6.0%), from €2.9m to €2.8m
- Cash +€89,022
up €89,022 (+1,197%), from €7,436 to €96,458
mainly Other debts (+€499,409) and Net result for the year (+€368,270)
Equity and liabilities
- Provisions -€950,000
no longer reported in 2025 (was €950,000)
- Other debts +€499,409
up €499,409 (+149%), from €336,000 to €835,409
- Profit (loss) carried forward +€368,270
up €368,270 (+19.9%), from -€1.9m to -€1.5m
- Current portion of long-term debt +€306,898
up €306,898 (+57.9%), from €529,925 to €836,823
- Debts after one year -€236,823
down €236,823 (-11.2%), from €2.1m to €1.9m
Income statement
- Financial income -€2.5m
down €2.5m (-72.0%), from €3.5m to €979,073
of which Non-recurring financial income: -€2.5m
- Write-downs -€807,394
no longer reported in 2025 (was €807,394)
- Gross operating margin +€484,904
up €484,904, from -€476,966 to €7,937
- Financial charges -€87,524
down €87,524 (-48.5%), from €180,436 to €92,912
- Other operating charges -€45,258
down €45,258 (-83.0%), from €54,528 to €9,270
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.
Result 2024
€899,319
Gross operating margin
+€484,904
Staff costs
-€25,876
Depreciation
+€2,452
Write-downs
+€807,394
Other operating charges
+€45,258
Other operating items
+€584,000
Financial income
-€2.5m
Financial charges
+€87,524
Taxes
+€2,599
Result 2025
€368,270
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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.
From operations
+€83,412
Investment
-€35,674
Financing
+€41,284
Cash 2024
€7,436
From operations (derived)
+€83,412
Net result for the year
+€368,270
Depreciation
+€256,535
Stocks and contracts
-€57,081
Receivables within one year
-€28,363
Deferred charges and accrued income
-€39,337
Provisions
-€950,000
Trade debts
+€62,911
Tax, wage and social debts
+€2,319
Advances received
-€38,675
Other debts
+€499,409
Accrued charges and deferred income
+€7,424
Investment (derived)
-€35,674
Investment in fixed assets (net)
-€35,674
Financing
+€41,284
Debts after one year
-€236,823
Current portion of long-term debt
+€306,898
Contributions, distributions and other
-€28,791
Cash 2025
€96,458
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,742,357 | €7,735,300 | -€7,057 | -0.1% |
| Fixed assets | 21/28 | €3,540,513 | €3,319,653 | -€220,860 | -6.2% |
| Intangible fixed assets | 21 | €2,946,042 | €2,768,428 | -€177,614 | -6.0% |
| Tangible fixed assets | 22/27 | €594,471 | €551,225 | -€43,247 | -7.3% |
| Plant, machinery and equipment | 23 | €458,052 | €433,826 | -€24,226 | -5.3% |
| Furniture and vehicles | 24 | €11,220 | €13,480 | +€2,260 | +20.1% |
| Other tangible fixed assets | 26 | €125,200 | €103,919 | -€21,281 | -17.0% |
| Current assets | 29/58 | €4,201,844 | €4,415,647 | +€213,803 | +5.1% |
| Stocks and contracts in progress | 3 | €2,963,531 | €3,020,612 | +€57,081 | +1.9% |
| Stocks | 30/36 | €655,989 | €668,227 | +€12,238 | +1.9% |
| Contracts in progress | 37 | €2,307,542 | €2,352,384 | +€44,843 | +1.9% |
| Amounts receivable within one year | 40/41 | €507,877 | €536,240 | +€28,363 | +5.6% |
| Trade receivables | 40 | €447,818 | €482,976 | +€35,157 | +7.9% |
| Other amounts receivable | 41 | €60,059 | €53,265 | -€6,794 | -11.3% |
| Cash at bank and in hand | 54/58 | €7,436 | €96,458 | +€89,022 | +1,197% |
| Deferred charges and accrued income | 490/1 | €723,000 | €762,337 | +€39,337 | +5.4% |
| Total equity and liabilities | 10/49 | €7,742,357 | €7,735,300 | -€7,057 | -0.1% |
| Equity | 10/15 | €2,465,964 | €2,805,443 | +€339,479 | +13.8% |
| Contributions | 10/11 | €3,000,000 | €3,000,000 | = | 0.0% |
| Capital | 10 | €3,000,000 | €3,000,000 | = | 0.0% |
| Issued capital | 100 | €3,000,000 | €3,000,000 | = | 0.0% |
| Reserves | 13 | €401,750 | €401,750 | = | 0.0% |
| Distributable reserves | 133 | €401,750 | €401,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,850,230 | -€1,481,960 | +€368,270 | +19.9% |
| Investment grants | 15 | €914,444 | €885,653 | -€28,791 | -3.1% |
| Provisions and deferred taxes | 16 | €950,000 | - | -€950,000 | |
| Provisions for liabilities and charges | 160/5 | €950,000 | - | -€950,000 | |
| Other liabilities and charges | 164/5 | €950,000 | - | -€950,000 | |
| Amounts payable | 17/49 | €4,326,393 | €4,929,856 | +€603,463 | +13.9% |
| Amounts payable after more than one year | 17 | €2,105,908 | €1,869,085 | -€236,823 | -11.2% |
| Financial debts | 170/4 | €2,105,908 | €1,869,085 | -€236,823 | -11.2% |
| Amounts payable within one year | 42/48 | €2,205,451 | €3,038,313 | +€832,862 | +37.8% |
| Current portion of amounts payable after more than one year | 42 | €529,925 | €836,823 | +€306,898 | +57.9% |
| Trade debts | 44 | €171,334 | €234,245 | +€62,911 | +36.7% |
| Suppliers | 440/4 | €171,334 | €234,245 | +€62,911 | +36.7% |
| Advances received on contracts in progress | 46 | €1,142,545 | €1,103,870 | -€38,675 | -3.4% |
| Taxes, remuneration and social security | 45 | €25,648 | €27,966 | +€2,319 | +9.0% |
| Remuneration and social security | 454/9 | €25,648 | €27,966 | +€2,319 | +9.0% |
| Other amounts payable | 47/48 | €336,000 | €835,409 | +€499,409 | +149% |
| Accrued charges and deferred income | 492/3 | €15,034 | €22,458 | +€7,424 | +49.4% |
| Remuneration, social security and pensions | 62 | €234,147 | €260,023 | +€25,876 | +11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €258,986 | €256,535 | -€2,452 | -0.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €807,394 | - | -€807,394 | |
| Other operating charges | 640/8 | €54,528 | €9,270 | -€45,258 | -83.0% |
| Non-recurring operating charges | 66A | €584,000 | - | -€584,000 | |
| Gross operating margin | 9900 | -€476,966 | €7,937 | +€484,904 | |
| Operating profit (loss) | 9901 | -€2,416,022 | -€517,891 | +€1.9m | +78.6% |
| Financial income | 75/76B | €3,498,376 | €979,073 | -€2.5m | -72.0% |
| Recurring financial income | 75 | €31,416 | €29,073 | -€2,343 | -7.5% |
| Non-recurring financial income | 76B | €3,466,960 | €950,000 | -€2.5m | -72.6% |
| Financial charges | 65/66B | €180,436 | €92,912 | -€87,524 | -48.5% |
| Recurring financial charges | 65 | €180,436 | €92,912 | -€87,524 | -48.5% |
| Profit (loss) for the period before taxes | 9903 | €901,918 | €368,270 | -€533,648 | -59.2% |
| Income taxes | 67/77 | €2,599 | - | -€2,599 | |
| Profit (loss) for the period | 9904 | €899,319 | €368,270 | -€531,049 | -59.1% |
| Profit (loss) for the period to be appropriated | 9905 | €899,319 | €368,270 | -€531,049 | -59.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.