SCALTER: 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.
SCALTER
Largest movements
- Receivables within one year +€1.6m
up €1.6m (+26.4%), from €6.2m to €7.8m
of which Other amounts receivable: +€1.6m
- Tangible fixed assets -€318,793
down €318,793 (-4.4%), from €7.2m to €6.9m
of which Land and buildings: -€316,190
- Cash +€314,604
up €314,604 (+66.0%), from €476,529 to €791,133
mainly Other debts (+€1.6m) and Depreciation (+€374,495)
- Other debts +€1.6m
up €1.6m (+30.1%), from €5.3m to €6.8m
- Gross operating margin -€34,032
down €34,032 (-4.8%), from €714,484 to €680,453
- Depreciation -€31,866
down €31,866 (-7.8%), from €406,361 to €374,495
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 | €18,590,824 | €20,246,566 | +€1.7m | +8.9% |
| Fixed assets | 21/28 | €11,952,507 | €11,633,714 | -€318,793 | -2.7% |
| Tangible fixed assets | 22/27 | €7,245,228 | €6,926,435 | -€318,793 | -4.4% |
| Land and buildings | 22 | €7,239,923 | €6,923,733 | -€316,190 | -4.4% |
| Furniture and vehicles | 24 | €5,305 | €2,702 | -€2,603 | -49.1% |
| Financial fixed assets | 28 | €4,707,279 | €4,707,279 | = | 0.0% |
| Current assets | 29/58 | €6,638,318 | €8,612,852 | +€2.0m | +29.7% |
| Amounts receivable within one year | 40/41 | €6,160,000 | €7,788,157 | +€1.6m | +26.4% |
| Trade receivables | 40 | €5,912,000 | €5,900,000 | -€12,000 | -0.2% |
| Other amounts receivable | 41 | €248,000 | €1,888,157 | +€1.6m | +661.4% |
| Cash at bank and in hand | 54/58 | €476,529 | €791,133 | +€314,604 | +66.0% |
| Deferred charges and accrued income | 490/1 | €1,789 | €33,562 | +€31,774 | +1776.3% |
| Total equity and liabilities | 10/49 | €18,590,824 | €20,246,566 | +€1.7m | +8.9% |
| Equity | 10/15 | €9,031,094 | €9,031,291 | +€197 | 0.0% |
| Contributions | 10/11 | €2,607,200 | €2,607,200 | = | 0.0% |
| Reserves | 13 | €6,423,894 | €6,424,091 | +€197 | 0.0% |
| Distributable reserves | 133 | €6,423,894 | €6,424,091 | +€197 | 0.0% |
| Amounts payable | 17/49 | €9,559,730 | €11,215,276 | +€1.7m | +17.3% |
| Amounts payable after more than one year | 17 | €4,031,522 | €4,115,522 | +€84,000 | +2.1% |
| Financial debts | 170/4 | €4,031,522 | €4,115,522 | +€84,000 | +2.1% |
| Amounts payable within one year | 42/48 | €5,358,752 | €6,925,757 | +€1.6m | +29.2% |
| Current portion of amounts payable after more than one year | 42 | €18,750 | - | -€18,750 | |
| Trade debts | 44 | €5,893 | €5,345 | -€547 | -9.3% |
| Suppliers | 440/4 | €5,893 | €5,345 | -€547 | -9.3% |
| Taxes, remuneration and social security | 45 | €72,624 | €74,570 | +€1,946 | +2.7% |
| Taxes | 450/3 | €72,624 | €74,570 | +€1,946 | +2.7% |
| Other amounts payable | 47/48 | €5,261,486 | €6,845,842 | +€1.6m | +30.1% |
| Accrued charges and deferred income | 492/3 | €169,456 | €173,996 | +€4,541 | +2.7% |
| Non-recurring operating income | 76A | €15,081 | - | -€15,081 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €406,361 | €374,495 | -€31,866 | -7.8% |
| Other operating charges | 640/8 | €61,378 | €56,594 | -€4,784 | -7.8% |
| Non-recurring operating charges | 66A | €0 | - | -€0 | |
| Gross operating margin | 9900 | €714,484 | €680,453 | -€34,032 | -4.8% |
| Operating profit (loss) | 9901 | €246,745 | €249,364 | +€2,619 | +1.1% |
| Financial income | 75/76B | €1 | €0 | -€1 | -56.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -56.0% |
| Financial charges | 65/66B | €243,897 | €249,168 | +€5,270 | +2.2% |
| Recurring financial charges | 65 | €243,897 | €249,168 | +€5,270 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | €2,849 | €197 | -€2,652 | -93.1% |
| Income taxes | 67/77 | €2,735 | - | -€2,735 | |
| Profit (loss) for the period | 9904 | €114 | €197 | +€83 | +72.9% |
| Profit (loss) for the period to be appropriated | 9905 | €114 | €197 | +€83 | +72.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.