Scale Up: 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.
Scale Up
Largest movements
- Deferred charges and accrued income +€14,582
new in 2025: €14,582
- Cash -€14,228
down €14,228 (-71.9%), from €19,798 to €5,570
mainly Net result for the year (-€729,499) and Trade debts (-€19,019)
- Receivables within one year -€12,348
down €12,348 (-15.8%), from €78,276 to €65,927
of which Other amounts receivable: -€31,779
- Other debts +€736,524
up €736,524 (+187.1%), from €393,694 to €1.1m
- Profit (loss) carried forward -€729,499
down €729,499 (-120.9%), from -€603,308 to -€1.3m
- Trade debts -€19,019
down €19,019 (-13.1%), from €145,688 to €126,669
- Purchases and services +€284,211
up €284,211 (+53.6%), from €529,926 to €814,137
- Gross operating margin -€207,363
down €207,363 (-42.7%), from -€486,084 to -€693,447
- Financial charges +€30,173
up €30,173 (+559.8%), from €5,389 to €35,562
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 | €98,073 | €86,079 | -€11,995 | -12.2% |
| Current assets | 29/58 | €98,073 | €86,079 | -€11,995 | -12.2% |
| Amounts receivable within one year | 40/41 | €78,276 | €65,927 | -€12,348 | -15.8% |
| Trade receivables | 40 | €16,052 | €35,482 | +€19,431 | +121.0% |
| Other amounts receivable | 41 | €62,224 | €30,445 | -€31,779 | -51.1% |
| Cash at bank and in hand | 54/58 | €19,798 | €5,570 | -€14,228 | -71.9% |
| Deferred charges and accrued income | 490/1 | - | €14,582 | +€14,582 | |
| Total equity and liabilities | 10/49 | €98,073 | €86,079 | -€11,995 | -12.2% |
| Equity | 10/15 | -€441,308 | -€1,170,808 | -€729,499 | -165.3% |
| Contributions | 10/11 | €162,000 | €162,000 | = | 0.0% |
| Capital | 10 | €162,000 | €162,000 | = | 0.0% |
| Issued capital | 100 | €162,000 | €162,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€603,308 | -€1,332,808 | -€729,499 | -120.9% |
| Amounts payable | 17/49 | €539,382 | €1,256,886 | +€717,505 | +133.0% |
| Amounts payable within one year | 42/48 | €539,382 | €1,256,886 | +€717,505 | +133.0% |
| Trade debts | 44 | €145,688 | €126,669 | -€19,019 | -13.1% |
| Suppliers | 440/4 | €145,688 | €126,669 | -€19,019 | -13.1% |
| Other amounts payable | 47/48 | €393,694 | €1,130,218 | +€736,524 | +187.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €529,926 | €814,137 | +€284,211 | +53.6% |
| Other operating charges | 640/8 | €829 | €693 | -€136 | -16.4% |
| Gross operating margin | 9900 | -€486,084 | -€693,447 | -€207,363 | -42.7% |
| Operating profit (loss) | 9901 | -€486,913 | -€694,140 | -€207,227 | -42.6% |
| Financial income | 75/76B | €655 | €203 | -€453 | -69.1% |
| Recurring financial income | 75 | €655 | €203 | -€453 | -69.1% |
| Financial charges | 65/66B | €5,389 | €35,562 | +€30,173 | +559.8% |
| Recurring financial charges | 65 | €5,389 | €35,562 | +€30,173 | +559.8% |
| Profit (loss) for the period before taxes | 9903 | -€491,647 | -€729,499 | -€237,852 | -48.4% |
| Profit (loss) for the period | 9904 | -€491,647 | -€729,499 | -€237,852 | -48.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€491,647 | -€729,499 | -€237,852 | -48.4% |
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 9 October 2026 via checked.be.