Scale-Ups.eu: 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-Ups.eu
Largest movements
- Current investments -€755,440
down €755,440 (-100.0%), from €755,440 to €0
- Stocks and contracts -€174,204
down €174,204 (-29.8%), from €585,118 to €410,914
- Receivables within one year -€122,581
down €122,581 (-19.9%), from €617,401 to €494,820
of which Other amounts receivable: -€317,197
- Cash -€74,292
down €74,292 (-27.0%), from €275,636 to €201,344
mainly Accrued charges and deferred income (-€1.3m) and Tax, wage and social debts (-€161,121)
- Accrued charges and deferred income -€1.3m
down €1.3m (-99.2%), from €1.3m to €10,000
- Trade debts +€317,555
up €317,555 (+208.6%), from €152,240 to €469,795
- Tax, wage and social debts -€161,121
down €161,121 (-86.9%), from €185,407 to €24,286
of which Taxes: -€164,783
- Profit (loss) carried forward -€112,939
down €112,939 (-6.5%), from -€1.7m to -€1.9m
- Advances received +€108,862
up €108,862 (+80.3%), from €135,638 to €244,500
- Gross operating margin -€112,629
down €112,629 (-81.7%), from €137,894 to €25,265
- Financial charges +€9,708
up €9,708 (+204.2%), from €4,753 to €14,462
- Financial income -€6,601
down €6,601 (-77.2%), from €8,549 to €1,948
of which Financial income: -€6,601
- Staff costs -€5,020
down €5,020 (-4.1%), from €123,566 to €118,546
- Taxes +€2,042
up €2,042 (+616.2%), from €331 to €2,373
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,275,497 | €1,132,335 | -€1.1m | -50.2% |
| Fixed assets | 21/28 | €20,565 | €21,866 | +€1,301 | +6.3% |
| Intangible fixed assets | 21 | €4,680 | €7,775 | +€3,094 | +66.1% |
| Tangible fixed assets | 22/27 | €3,484 | €1,691 | -€1,793 | -51.5% |
| Plant, machinery and equipment | 23 | €3,484 | €1,691 | -€1,793 | -51.5% |
| Financial fixed assets | 28 | €12,400 | €12,400 | = | 0.0% |
| Current assets | 29/58 | €2,254,932 | €1,110,469 | -€1.1m | -50.8% |
| Stocks and contracts in progress | 3 | €585,118 | €410,914 | -€174,204 | -29.8% |
| Contracts in progress | 37 | €585,118 | €410,914 | -€174,204 | -29.8% |
| Amounts receivable within one year | 40/41 | €617,401 | €494,820 | -€122,581 | -19.9% |
| Trade receivables | 40 | €294,229 | €488,845 | +€194,616 | +66.1% |
| Other amounts receivable | 41 | €323,172 | €5,975 | -€317,197 | -98.2% |
| Current investments | 50/53 | €755,440 | €0 | -€755,440 | -100.0% |
| Cash at bank and in hand | 54/58 | €275,636 | €201,344 | -€74,292 | -27.0% |
| Deferred charges and accrued income | 490/1 | €21,337 | €3,391 | -€17,946 | -84.1% |
| Total equity and liabilities | 10/49 | €2,275,497 | €1,132,335 | -€1.1m | -50.2% |
| Equity | 10/15 | €496,692 | €383,753 | -€112,939 | -22.7% |
| Contributions | 10/11 | €2,245,353 | €2,245,353 | = | 0.0% |
| Capital | 10 | €119,594 | €119,594 | = | 0.0% |
| Issued capital | 100 | €119,594 | €119,594 | = | 0.0% |
| Contributions outside capital | 11 | €2,125,760 | €2,125,760 | = | 0.0% |
| Share premium | 1100/10 | €2,125,760 | €2,125,760 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,748,661 | -€1,861,600 | -€112,939 | -6.5% |
| Amounts payable | 17/49 | €1,778,805 | €748,581 | -€1.0m | -57.9% |
| Amounts payable within one year | 42/48 | €473,764 | €738,581 | +€264,818 | +55.9% |
| Trade debts | 44 | €152,240 | €469,795 | +€317,555 | +208.6% |
| Suppliers | 440/4 | €152,240 | €469,795 | +€317,555 | +208.6% |
| Advances received on contracts in progress | 46 | €135,638 | €244,500 | +€108,862 | +80.3% |
| Taxes, remuneration and social security | 45 | €185,407 | €24,286 | -€161,121 | -86.9% |
| Taxes | 450/3 | €175,150 | €10,367 | -€164,783 | -94.1% |
| Remuneration and social security | 454/9 | €10,257 | €13,919 | +€3,662 | +35.7% |
| Other amounts payable | 47/48 | €479 | €0 | -€479 | -100.0% |
| Accrued charges and deferred income | 492/3 | €1,305,041 | €10,000 | -€1.3m | -99.2% |
| Remuneration, social security and pensions | 62 | €123,566 | €118,546 | -€5,020 | -4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,364 | €3,319 | +€955 | +40.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€185 | €763 | +€949 | |
| Other operating charges | 640/8 | €632 | €689 | +€57 | +9.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €137,894 | €25,265 | -€112,629 | -81.7% |
| Operating profit (loss) | 9901 | €11,517 | -€98,053 | -€109,570 | |
| Financial income | 75/76B | €8,549 | €1,948 | -€6,601 | -77.2% |
| Recurring financial income | 75 | €8,549 | €1,948 | -€6,601 | -77.2% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €4,753 | €14,462 | +€9,708 | +204.2% |
| Recurring financial charges | 65 | €4,753 | €14,462 | +€9,708 | +204.2% |
| Profit (loss) for the period before taxes | 9903 | €15,313 | -€110,566 | -€125,879 | |
| Income taxes | 67/77 | €331 | €2,373 | +€2,042 | +616.2% |
| Profit (loss) for the period | 9904 | €14,982 | -€112,939 | -€127,920 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,982 | -€112,939 | -€127,920 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.