Scaleo Invest: what changed
Scaleo Invest
Largest movements
- Cash +€12,710
up €12,710 (+278%), from €4,568 to €17,278
mainly Depreciation (+€8,542) and Trade debts (+€7,978)
- Receivables within one year -€4,720
down €4,720 (-36.4%), from €12,963 to €8,243
of which Other amounts receivable: -€7,830
- Tangible fixed assets -€4,663
down €4,663 (-20.3%), from €22,919 to €18,256
of which Furniture and vehicles: -€4,498
- Deferred charges and accrued income +€1,237
up €1,237 (+36.2%), from €3,421 to €4,658
- Trade debts +€7,978
up €7,978 (+1,687%), from €473 to €8,451
- Debts after one year -€7,479
no longer reported in 2025 (was €7,479)
- Reserves +€2,067
up €2,067 (+82.3%), from €2,511 to €4,579
- Profit (loss) carried forward +€1,848
no longer reported in 2025 (was -€1,848)
- Current portion of long-term debt -€1,214
down €1,214 (-14.0%), from €8,694 to €7,479
- Write-downs +€3,438
no longer reported in 2025 (was -€3,438)
- Other operating charges -€3,027
down €3,027 (-74.2%), from €4,077 to €1,051
- Gross operating margin +€2,398
up €2,398 (+14.5%), from €16,588 to €18,985
- Taxes +€1,006
up €1,006 (+34.0%), from €2,957 to €3,963
- Financial income -€502
no longer reported in 2025 (was €502)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €43,870 | €48,435 | +€4,564 | +10.4% |
| Fixed assets | 21/28 | €22,919 | €18,256 | -€4,663 | -20.3% |
| Tangible fixed assets | 22/27 | €22,919 | €18,256 | -€4,663 | -20.3% |
| Plant, machinery and equipment | 23 | €932 | €767 | -€165 | -17.7% |
| Furniture and vehicles | 24 | €21,987 | €17,489 | -€4,498 | -20.5% |
| Current assets | 29/58 | €20,952 | €30,178 | +€9,227 | +44.0% |
| Amounts receivable within one year | 40/41 | €12,963 | €8,243 | -€4,720 | -36.4% |
| Trade receivables | 40 | €4,681 | €7,791 | +€3,110 | +66.4% |
| Other amounts receivable | 41 | €8,282 | €452 | -€7,830 | -94.5% |
| Cash at bank and in hand | 54/58 | €4,568 | €17,278 | +€12,710 | +278% |
| Deferred charges and accrued income | 490/1 | €3,421 | €4,658 | +€1,237 | +36.2% |
| Total equity and liabilities | 10/49 | €43,870 | €48,435 | +€4,564 | +10.4% |
| Equity | 10/15 | €8,718 | €12,634 | +€3,915 | +44.9% |
| Contributions | 10/11 | €8,055 | €8,055 | = | 0.0% |
| Reserves | 13 | €2,511 | €4,579 | +€2,067 | +82.3% |
| Distributable reserves | 133 | €2,511 | €4,579 | +€2,067 | +82.3% |
| Profit (loss) carried forward | 14 | -€1,848 | - | +€1,848 | |
| Amounts payable | 17/49 | €35,152 | €35,801 | +€649 | +1.8% |
| Amounts payable after more than one year | 17 | €7,479 | - | -€7,479 | |
| Financial debts | 170/4 | €7,479 | - | -€7,479 | |
| Amounts payable within one year | 42/48 | €27,673 | €35,801 | +€8,128 | +29.4% |
| Current portion of amounts payable after more than one year | 42 | €8,694 | €7,479 | -€1,214 | -14.0% |
| Financial debts | 43 | €1,144 | €2,266 | +€1,122 | +98.1% |
| Credit institutions | 430/8 | €1,144 | €2,266 | +€1,122 | +98.1% |
| Trade debts | 44 | €473 | €8,451 | +€7,978 | +1,687% |
| Suppliers | 440/4 | €473 | €8,451 | +€7,978 | +1,687% |
| Taxes, remuneration and social security | 45 | €3,263 | €3,064 | -€199 | -6.1% |
| Taxes | 450/3 | €1,263 | €1,064 | -€199 | -15.7% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €14,100 | €14,541 | +€441 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,377 | €8,542 | +€165 | +2.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€3,438 | - | +€3,438 | |
| Other operating charges | 640/8 | €4,077 | €1,051 | -€3,027 | -74.2% |
| Non-recurring operating charges | 66A | - | €102 | +€102 | |
| Gross operating margin | 9900 | €16,588 | €18,985 | +€2,398 | +14.5% |
| Operating profit (loss) | 9901 | €7,571 | €9,290 | +€1,719 | +22.7% |
| Financial income | 75/76B | €502 | - | -€502 | |
| Recurring financial income | 75 | €502 | - | -€502 | |
| Financial charges | 65/66B | €902 | €579 | -€323 | -35.8% |
| Recurring financial charges | 65 | €902 | €579 | -€323 | -35.8% |
| Profit (loss) for the period before taxes | 9903 | €7,171 | €8,712 | +€1,540 | +21.5% |
| Income taxes | 67/77 | €2,957 | €3,963 | +€1,006 | +34.0% |
| Profit (loss) for the period | 9904 | €4,214 | €4,748 | +€535 | +12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,214 | €4,748 | +€535 | +12.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.