SCARPINO: 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.
SCARPINO
Largest movements
- Stocks and contracts -€91,400
no longer reported in 2024 (was €91,400)
- Cash -€71,167
down €71,167 (-98.4%), from €72,297 to €1,130
mainly Net result for the year (-€135,964) and Other debts (-€38,000)
- Deferred charges and accrued income -€13,870
no longer reported in 2024 (was €13,870)
- Tangible fixed assets -€2,821
no longer reported in 2024 (was €2,821)
- Profit (loss) carried forward -€135,964
down €135,964 (-84.0%), from -€161,811 to -€297,775
- Short-term financial debts +€50,000
new in 2024: €50,000
- Other debts -€38,000
down €38,000 (-80.3%), from €47,343 to €9,344
- Tax, wage and social debts -€33,721
down €33,721 (-51.9%), from €64,943 to €31,222
of which Remuneration and social security: -€39,616
- Trade debts -€22,770
down €22,770 (-90.8%), from €25,084 to €2,314
- Staff costs -€55,338
down €55,338, from €37,002 to -€18,335
- Gross operating margin +€52,722
up €52,722 (+40.3%), from -€130,721 to -€77,999
- Taxes +€19,410
up €19,410 (+224.1%), from €8,661 to €28,072
- Financial charges +€3,441
up €3,441 (+82.0%), from €4,198 to €7,639
of which Non-recurring financial charges: +€2,821
- Other operating charges -€1,606
down €1,606 (-78.3%), from €2,052 to €445
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €188,264 | €7,809 | -€180,455 | -95.9% |
| Fixed assets | 21/28 | €2,821 | €150 | -€2,671 | -94.7% |
| Tangible fixed assets | 22/27 | €2,821 | - | -€2,821 | |
| Plant, machinery and equipment | 23 | €2,821 | - | -€2,821 | |
| Financial fixed assets | 28 | - | €150 | +€150 | |
| Current assets | 29/58 | €185,442 | €7,659 | -€177,783 | -95.9% |
| Stocks and contracts in progress | 3 | €91,400 | - | -€91,400 | |
| Stocks | 30/36 | €91,400 | - | -€91,400 | |
| Amounts receivable within one year | 40/41 | €7,875 | €6,529 | -€1,346 | -17.1% |
| Other amounts receivable | 41 | €7,875 | €6,529 | -€1,346 | -17.1% |
| Cash at bank and in hand | 54/58 | €72,297 | €1,130 | -€71,167 | -98.4% |
| Deferred charges and accrued income | 490/1 | €13,870 | - | -€13,870 | |
| Total equity and liabilities | 10/49 | €188,264 | €7,809 | -€180,455 | -95.9% |
| Equity | 10/15 | -€93,211 | -€229,175 | -€135,964 | -145.9% |
| Contributions | 10/11 | €68,600 | €68,600 | = | 0.0% |
| Capital | 10 | €68,600 | - | -€68,600 | |
| Issued capital | 100 | €68,600 | - | -€68,600 | |
| Profit (loss) carried forward | 14 | -€161,811 | -€297,775 | -€135,964 | -84.0% |
| Amounts payable | 17/49 | €281,475 | €236,984 | -€44,491 | -15.8% |
| Amounts payable after more than one year | 17 | €144,105 | €144,105 | = | 0.0% |
| Other amounts payable | 178/9 | €144,105 | €144,105 | = | 0.0% |
| Amounts payable within one year | 42/48 | €137,370 | €92,879 | -€44,491 | -32.4% |
| Financial debts | 43 | - | €50,000 | +€50,000 | |
| Credit institutions | 430/8 | - | €50,000 | +€50,000 | |
| Trade debts | 44 | €25,084 | €2,314 | -€22,770 | -90.8% |
| Suppliers | 440/4 | €25,084 | €2,314 | -€22,770 | -90.8% |
| Taxes, remuneration and social security | 45 | €64,943 | €31,222 | -€33,721 | -51.9% |
| Taxes | 450/3 | €25,327 | €31,222 | +€5,895 | +23.3% |
| Remuneration and social security | 454/9 | €39,616 | - | -€39,616 | |
| Other amounts payable | 47/48 | €47,343 | €9,344 | -€38,000 | -80.3% |
| Remuneration, social security and pensions | 62 | €37,002 | -€18,335 | -€55,338 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €507 | €0 | -€507 | -100.0% |
| Other operating charges | 640/8 | €2,052 | €445 | -€1,606 | -78.3% |
| Non-recurring operating charges | 66A | €10,450 | €40,145 | +€29,695 | +284.2% |
| Gross operating margin | 9900 | -€130,721 | -€77,999 | +€52,722 | +40.3% |
| Operating profit (loss) | 9901 | -€180,732 | -€100,254 | +€80,478 | +44.5% |
| Financial charges | 65/66B | €4,198 | €7,639 | +€3,441 | +82.0% |
| Recurring financial charges | 65 | €4,198 | €4,817 | +€619 | +14.8% |
| Non-recurring financial charges | 66B | - | €2,821 | +€2,821 | |
| Profit (loss) for the period before taxes | 9903 | -€184,929 | -€107,892 | +€77,037 | +41.7% |
| Income taxes | 67/77 | €8,661 | €28,072 | +€19,410 | +224.1% |
| Profit (loss) for the period | 9904 | -€193,591 | -€135,964 | +€57,627 | +29.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€193,591 | -€135,964 | +€57,627 | +29.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.