Scandium: 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.
Scandium
Largest movements
- Cash +€59,058
up €59,058 (+79.8%), from €74,002 to €133,060
mainly Net result for the year (+€103,413) and Other debts (+€75,104)
- Receivables within one year +€39,013
up €39,013 (+137%), from €28,385 to €67,399
of which Trade receivables: +€39,039
- Other debts +€75,104
up €75,104 (+28,072%), from €268 to €75,372
- Reserves +€14,413
up €14,413 (+16.1%), from €89,415 to €103,828
- Tax, wage and social debts +€8,481
up €8,481 (+76.7%), from €11,059 to €19,540
- Gross operating margin +€95,541
up €95,541 (+215%), from €44,375 to €139,916
- Taxes +€26,841
up €26,841 (+299%), from €8,975 to €35,815
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 | €102,388 | €200,459 | +€98,071 | +95.8% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €102,388 | €200,459 | +€98,071 | +95.8% |
| Amounts receivable within one year | 40/41 | €28,385 | €67,399 | +€39,013 | +137% |
| Trade receivables | 40 | €28,360 | €67,399 | +€39,039 | +138% |
| Other amounts receivable | 41 | €25 | €0 | -€25 | -100% |
| Cash at bank and in hand | 54/58 | €74,002 | €133,060 | +€59,058 | +79.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €102,388 | €200,459 | +€98,071 | +95.8% |
| Equity | 10/15 | €90,915 | €105,328 | +€14,413 | +15.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €89,415 | €103,828 | +€14,413 | +16.1% |
| Distributable reserves | 133 | €89,415 | €103,828 | +€14,413 | +16.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €11,473 | €95,131 | +€83,658 | +729% |
| Amounts payable within one year | 42/48 | €11,473 | €95,131 | +€83,658 | +729% |
| Trade debts | 44 | €146 | €219 | +€73 | +49.5% |
| Suppliers | 440/4 | €146 | €219 | +€73 | +49.5% |
| Taxes, remuneration and social security | 45 | €11,059 | €19,540 | +€8,481 | +76.7% |
| Taxes | 450/3 | €11,059 | €19,540 | +€8,481 | +76.7% |
| Other amounts payable | 47/48 | €268 | €75,372 | +€75,104 | +28,072% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €316 | €0 | -€316 | -100% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €44,375 | €139,916 | +€95,541 | +215% |
| Operating profit (loss) | 9901 | €43,546 | €139,388 | +€95,843 | +220% |
| Financial charges | 65/66B | €137 | €160 | +€23 | +16.9% |
| Recurring financial charges | 65 | €137 | €160 | +€23 | +16.9% |
| Profit (loss) for the period before taxes | 9903 | €43,409 | €139,228 | +€95,819 | +221% |
| Income taxes | 67/77 | €8,975 | €35,815 | +€26,841 | +299% |
| Profit (loss) for the period | 9904 | €34,434 | €103,413 | +€68,979 | +200% |
| Profit (loss) for the period to be appropriated | 9905 | €34,434 | €103,413 | +€68,979 | +200% |
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 13 October 2026 via checked.be.