SCALOX: 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.
SCALOX
Largest movements
- Tangible fixed assets +€57,010
up €57,010 (+504%), from €11,301 to €68,311
of which Furniture and vehicles: +€52,365
- Current investments -€15,000
no longer reported in 2025 (was €15,000)
- Receivables within one year -€3,174
no longer reported in 2025 (was €3,174)
of which Other amounts receivable: -€2,173
- Cash -€3,072
down €3,072 (-41.9%), from €7,335 to €4,263
mainly Investment in fixed assets (net) (-€67,189) and Contributions, distributions and other (-€21,422)
- Deferred charges and accrued income -€953
down €953 (-39.9%), from €2,389 to €1,436
- Other debts +€14,770
new in 2025: €14,770
- Reserves +€11,700
up €11,700 (+31.3%), from €37,352 to €49,052
- Tax, wage and social debts +€8,044
new in 2025: €8,044
- Gross operating margin +€24,873
up €24,873 (+75.3%), from €33,047 to €57,919
- Taxes +€5,078
up €5,078 (+62.2%), from €8,167 to €13,245
- Depreciation +€731
up €731 (+7.7%), from €9,448 to €10,179
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,199 | €74,010 | +€34,811 | +88.8% |
| Fixed assets | 21/28 | €11,301 | €68,311 | +€57,010 | +504% |
| Tangible fixed assets | 22/27 | €11,301 | €68,311 | +€57,010 | +504% |
| Plant, machinery and equipment | 23 | - | €4,645 | +€4,645 | |
| Furniture and vehicles | 24 | €11,301 | €63,666 | +€52,365 | +463% |
| Current assets | 29/58 | €27,898 | €5,699 | -€22,199 | -79.6% |
| Amounts receivable within one year | 40/41 | €3,174 | - | -€3,174 | |
| Trade receivables | 40 | €1,001 | - | -€1,001 | |
| Other amounts receivable | 41 | €2,173 | - | -€2,173 | |
| Current investments | 50/53 | €15,000 | - | -€15,000 | |
| Cash at bank and in hand | 54/58 | €7,335 | €4,263 | -€3,072 | -41.9% |
| Deferred charges and accrued income | 490/1 | €2,389 | €1,436 | -€953 | -39.9% |
| Total equity and liabilities | 10/49 | €39,199 | €74,010 | +€34,811 | +88.8% |
| Equity | 10/15 | €37,352 | €49,052 | +€11,700 | +31.3% |
| Reserves | 13 | €37,352 | €49,052 | +€11,700 | +31.3% |
| Distributable reserves | 133 | €37,352 | €49,052 | +€11,700 | +31.3% |
| Amounts payable | 17/49 | €1,847 | €24,957 | +€23,111 | +1,251% |
| Amounts payable within one year | 42/48 | €1,847 | €24,957 | +€23,111 | +1,251% |
| Trade debts | 44 | €1,847 | €2,144 | +€297 | +16.1% |
| Suppliers | 440/4 | €1,847 | €2,144 | +€297 | +16.1% |
| Taxes, remuneration and social security | 45 | - | €8,044 | +€8,044 | |
| Taxes | 450/3 | - | €8,044 | +€8,044 | |
| Other amounts payable | 47/48 | - | €14,770 | +€14,770 | |
| Non-recurring operating income | 76A | - | €14,052 | +€14,052 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,448 | €10,179 | +€731 | +7.7% |
| Other operating charges | 640/8 | €1,605 | €1,473 | -€131 | -8.2% |
| Gross operating margin | 9900 | €33,047 | €57,919 | +€24,873 | +75.3% |
| Operating profit (loss) | 9901 | €21,994 | €46,267 | +€24,273 | +110% |
| Financial income | 75/76B | €1 | €287 | +€286 | +27,992% |
| Recurring financial income | 75 | €1 | €287 | +€286 | +27,992% |
| Financial charges | 65/66B | €183 | €186 | +€4 | +2.0% |
| Recurring financial charges | 65 | €183 | €186 | +€4 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €21,813 | €46,368 | +€24,555 | +113% |
| Income taxes | 67/77 | €8,167 | €13,245 | +€5,078 | +62.2% |
| Profit (loss) for the period | 9904 | €13,645 | €33,123 | +€19,477 | +143% |
| Profit (loss) for the period to be appropriated | 9905 | €13,645 | €33,123 | +€19,477 | +143% |
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 29 October 2026 via checked.be.