Scatinox: 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.
Scatinox
Largest movements
- Receivables within one year +€102,383
up €102,383 (+119%), from €86,170 to €188,553
of which Other amounts receivable: +€86,665
- Stocks and contracts -€78,990
down €78,990 (-33.3%), from €236,918 to €157,928
- Financial fixed assets -€75,999
down €75,999 (-60.3%), from €126,000 to €50,001
- Cash +€31,797
up €31,797 (+701%), from €4,535 to €36,332
mainly Investment in fixed assets (net) (+€82,289) and Stocks and contracts (+€78,990)
- Tangible fixed assets -€24,718
down €24,718 (-50.2%), from €49,209 to €24,490
of which Furniture and vehicles: -€18,907
- Other debts -€57,143
down €57,143 (-23.5%), from €243,638 to €186,495
- Trade debts +€36,592
up €36,592 (+1,300%), from €2,815 to €39,408
- Profit (loss) carried forward -€11,777
down €11,777 (-11.1%), from €105,862 to €94,085
- Current portion of long-term debt -€5,966
no longer reported in 2024 (was €5,966)
- Gross operating margin +€26,518
up €26,518 (+763%), from €3,476 to €29,994
- Other operating charges +€11,120
up €11,120 (+229%), from €4,857 to €15,977
- Depreciation +€4,965
up €4,965 (+36.3%), from €13,663 to €18,628
- Financial charges +€2,004
up €2,004 (+41.8%), from €4,790 to €6,794
- Staff costs -€1,741
down €1,741 (-82.4%), from €2,112 to €372
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.
Derived cash bridge
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 | €507,400 | €465,718 | -€41,682 | -8.2% |
| Fixed assets | 21/28 | €177,058 | €76,141 | -€100,917 | -57.0% |
| Intangible fixed assets | 21 | €1,849 | €1,649 | -€200 | -10.8% |
| Tangible fixed assets | 22/27 | €49,209 | €24,490 | -€24,718 | -50.2% |
| Plant, machinery and equipment | 23 | €4,816 | €3,479 | -€1,337 | -27.8% |
| Furniture and vehicles | 24 | €30,995 | €12,087 | -€18,907 | -61.0% |
| Leasing and similar rights | 25 | €13,398 | €8,924 | -€4,474 | -33.4% |
| Financial fixed assets | 28 | €126,000 | €50,001 | -€75,999 | -60.3% |
| Current assets | 29/58 | €330,342 | €389,577 | +€59,235 | +17.9% |
| Stocks and contracts in progress | 3 | €236,918 | €157,928 | -€78,990 | -33.3% |
| Stocks | 30/36 | €236,918 | €157,928 | -€78,990 | -33.3% |
| Amounts receivable within one year | 40/41 | €86,170 | €188,553 | +€102,383 | +119% |
| Trade receivables | 40 | €13,173 | €28,892 | +€15,718 | +119% |
| Other amounts receivable | 41 | €72,997 | €159,661 | +€86,665 | +119% |
| Cash at bank and in hand | 54/58 | €4,535 | €36,332 | +€31,797 | +701% |
| Deferred charges and accrued income | 490/1 | €2,719 | €6,765 | +€4,045 | +149% |
| Total equity and liabilities | 10/49 | €507,400 | €465,718 | -€41,682 | -8.2% |
| Equity | 10/15 | €129,504 | €117,727 | -€11,777 | -9.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €20,642 | €20,642 | = | 0.0% |
| Non-distributable reserves | 130/1 | €300 | €300 | = | 0.0% |
| Reserves not available under the articles | 1311 | €300 | €300 | = | 0.0% |
| Distributable reserves | 133 | €20,342 | €20,342 | = | 0.0% |
| Profit (loss) carried forward | 14 | €105,862 | €94,085 | -€11,777 | -11.1% |
| Amounts payable | 17/49 | €377,897 | €347,991 | -€29,906 | -7.9% |
| Amounts payable after more than one year | 17 | €122,328 | €118,891 | -€3,437 | -2.8% |
| Financial debts | 170/4 | €122,328 | €118,891 | -€3,437 | -2.8% |
| Amounts payable within one year | 42/48 | €255,569 | €229,100 | -€26,468 | -10.4% |
| Current portion of amounts payable after more than one year | 42 | €5,966 | - | -€5,966 | |
| Trade debts | 44 | €2,815 | €39,408 | +€36,592 | +1,300% |
| Suppliers | 440/4 | €2,815 | €39,408 | +€36,592 | +1,300% |
| Advances received on contracts in progress | 46 | €1,500 | €1,500 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €1,649 | €1,697 | +€48 | +2.9% |
| Taxes | 450/3 | €1,649 | €1,664 | +€15 | +0.9% |
| Remuneration and social security | 454/9 | - | €33 | +€33 | |
| Other amounts payable | 47/48 | €243,638 | €186,495 | -€57,143 | -23.5% |
| Remuneration, social security and pensions | 62 | €2,112 | €372 | -€1,741 | -82.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,663 | €18,628 | +€4,965 | +36.3% |
| Other operating charges | 640/8 | €4,857 | €15,977 | +€11,120 | +229% |
| Gross operating margin | 9900 | €3,476 | €29,994 | +€26,518 | +763% |
| Operating profit (loss) | 9901 | -€17,156 | -€4,983 | +€12,173 | +71.0% |
| Financial charges | 65/66B | €4,790 | €6,794 | +€2,004 | +41.8% |
| Recurring financial charges | 65 | €4,790 | €6,794 | +€2,004 | +41.8% |
| Profit (loss) for the period before taxes | 9903 | -€21,946 | -€11,777 | +€10,170 | +46.3% |
| Income taxes | 67/77 | €628 | - | -€628 | |
| Profit (loss) for the period | 9904 | -€22,574 | -€11,777 | +€10,797 | +47.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,574 | -€11,777 | +€10,797 | +47.8% |
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 13 October 2026 via checked.be.