SCALO: 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.
SCALO
Largest movements
- Stocks and contracts -€27,768
down €27,768 (-33.9%), from €81,840 to €54,072
- Receivables within one year +€14,074
up €14,074 (+232.9%), from €6,043 to €20,117
of which Trade receivables: +€12,127
- Cash +€11,404
up €11,404 (+85.8%), from €13,287 to €24,691
mainly Trade debts (+€39,728) and Stocks and contracts (+€27,768)
- Profit (loss) carried forward -€44,338
down €44,338 (-5.8%), from -€770,135 to -€814,473
- Trade debts +€39,728
up €39,728 (+4.9%), from €803,013 to €842,741
- Other debts +€3,291
up €3,291 (+235.4%), from €1,398 to €4,689
- Gross operating margin -€21,584
down €21,584 (-108.8%), from -€19,839 to -€41,424
- Other operating charges -€1,024
down €1,024 (-50.5%), from €2,027 to €1,003
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 | €101,373 | €99,162 | -€2,211 | -2.2% |
| Current assets | 29/58 | €101,373 | €99,162 | -€2,211 | -2.2% |
| Stocks and contracts in progress | 3 | €81,840 | €54,072 | -€27,768 | -33.9% |
| Stocks | 30/36 | €81,840 | €54,072 | -€27,768 | -33.9% |
| Amounts receivable within one year | 40/41 | €6,043 | €20,117 | +€14,074 | +232.9% |
| Trade receivables | 40 | €2,840 | €14,966 | +€12,127 | +427.0% |
| Other amounts receivable | 41 | €3,203 | €5,150 | +€1,947 | +60.8% |
| Cash at bank and in hand | 54/58 | €13,287 | €24,691 | +€11,404 | +85.8% |
| Deferred charges and accrued income | 490/1 | €203 | €282 | +€79 | +38.9% |
| Total equity and liabilities | 10/49 | €101,373 | €99,162 | -€2,211 | -2.2% |
| Equity | 10/15 | -€708,135 | -€752,473 | -€44,338 | -6.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€770,135 | -€814,473 | -€44,338 | -5.8% |
| Amounts payable | 17/49 | €809,507 | €851,634 | +€42,127 | +5.2% |
| Amounts payable within one year | 42/48 | €809,507 | €851,634 | +€42,127 | +5.2% |
| Trade debts | 44 | €803,013 | €842,741 | +€39,728 | +4.9% |
| Suppliers | 440/4 | €803,013 | €842,741 | +€39,728 | +4.9% |
| Advances received on contracts in progress | 46 | €889 | - | -€889 | |
| Taxes, remuneration and social security | 45 | €4,208 | €4,203 | -€4 | -0.1% |
| Taxes | 450/3 | €708 | €703 | -€4 | -0.6% |
| Remuneration and social security | 454/9 | €3,500 | €3,500 | = | 0.0% |
| Other amounts payable | 47/48 | €1,398 | €4,689 | +€3,291 | +235.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €135 | - | -€135 | |
| Other operating charges | 640/8 | €2,027 | €1,003 | -€1,024 | -50.5% |
| Gross operating margin | 9900 | -€19,839 | -€41,424 | -€21,584 | -108.8% |
| Operating profit (loss) | 9901 | -€22,001 | -€42,426 | -€20,425 | -92.8% |
| Financial income | 75/76B | €421 | €808 | +€388 | +92.0% |
| Recurring financial income | 75 | €421 | €808 | +€388 | +92.0% |
| Financial charges | 65/66B | €2,392 | €2,044 | -€348 | -14.6% |
| Recurring financial charges | 65 | €2,392 | €2,044 | -€348 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | -€23,972 | -€43,662 | -€19,689 | -82.1% |
| Income taxes | 67/77 | €708 | €676 | -€31 | -4.4% |
| Profit (loss) for the period | 9904 | -€24,680 | -€44,338 | -€19,658 | -79.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,680 | -€44,338 | -€19,658 | -79.7% |
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 7 October 2026 via checked.be.