SCORPIO: 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.
SCORPIO
Largest movements
- Receivables within one year +€52,907
up €52,907 (+79.2%), from €66,834 to €119,741
of which Trade receivables: +€42,558
- Cash +€50,398
up €50,398 (+46.2%), from €109,085 to €159,483
mainly Net result for the year (+€126,119) and Depreciation (+€35,071)
- Tangible fixed assets +€16,184
up €16,184 (+18.1%), from €89,337 to €105,521
of which Other tangible fixed assets: +€13,440
- Stocks and contracts -€10,694
down €10,694 (-11.4%), from €93,495 to €82,801
- Profit (loss) carried forward +€124,453
up €124,453 (+52.7%), from €235,987 to €360,440
- Tax, wage and social debts -€13,984
down €13,984 (-18.8%), from €74,515 to €60,531
of which Remuneration and social security: -€11,659
- Trade debts -€5,092
down €5,092 (-11.9%), from €42,635 to €37,543
- Gross operating margin +€61,775
up €61,775 (+14.0%), from €442,525 to €504,300
- Staff costs -€38,788
down €38,788 (-12.3%), from €316,453 to €277,665
- Taxes +€27,820
up €27,820 (+281.3%), from €9,889 to €37,709
- Other operating charges -€17,047
down €17,047 (-65.2%), from €26,163 to €9,115
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 | €359,044 | €467,861 | +€108,817 | +30.3% |
| Fixed assets | 21/28 | €89,487 | €105,671 | +€16,184 | +18.1% |
| Tangible fixed assets | 22/27 | €89,337 | €105,521 | +€16,184 | +18.1% |
| Plant, machinery and equipment | 23 | €21,338 | €16,496 | -€4,842 | -22.7% |
| Furniture and vehicles | 24 | €4,494 | €12,079 | +€7,586 | +168.8% |
| Other tangible fixed assets | 26 | €63,506 | €76,946 | +€13,440 | +21.2% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €269,557 | €362,190 | +€92,633 | +34.4% |
| Stocks and contracts in progress | 3 | €93,495 | €82,801 | -€10,694 | -11.4% |
| Stocks | 30/36 | €93,495 | €82,801 | -€10,694 | -11.4% |
| Amounts receivable within one year | 40/41 | €66,834 | €119,741 | +€52,907 | +79.2% |
| Trade receivables | 40 | €57,538 | €100,096 | +€42,558 | +74.0% |
| Other amounts receivable | 41 | €9,296 | €19,645 | +€10,349 | +111.3% |
| Cash at bank and in hand | 54/58 | €109,085 | €159,483 | +€50,398 | +46.2% |
| Deferred charges and accrued income | 490/1 | €142 | €164 | +€22 | +15.8% |
| Total equity and liabilities | 10/49 | €359,044 | €467,861 | +€108,817 | +30.3% |
| Equity | 10/15 | €237,987 | €362,440 | +€124,453 | +52.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €235,987 | €360,440 | +€124,453 | +52.7% |
| Amounts payable | 17/49 | €121,057 | €105,420 | -€15,636 | -12.9% |
| Amounts payable within one year | 42/48 | €121,057 | €103,162 | -€17,895 | -14.8% |
| Trade debts | 44 | €42,635 | €37,543 | -€5,092 | -11.9% |
| Suppliers | 440/4 | €42,635 | €37,543 | -€5,092 | -11.9% |
| Taxes, remuneration and social security | 45 | €74,515 | €60,531 | -€13,984 | -18.8% |
| Taxes | 450/3 | €32,560 | €30,234 | -€2,326 | -7.1% |
| Remuneration and social security | 454/9 | €41,956 | €30,297 | -€11,659 | -27.8% |
| Other amounts payable | 47/48 | €3,906 | €5,088 | +€1,182 | +30.3% |
| Accrued charges and deferred income | 492/3 | - | €2,258 | +€2,258 | |
| Remuneration, social security and pensions | 62 | €316,453 | €277,665 | -€38,788 | -12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,010 | €35,071 | +€4,061 | +13.1% |
| Other operating charges | 640/8 | €26,163 | €9,115 | -€17,047 | -65.2% |
| Gross operating margin | 9900 | €442,525 | €504,300 | +€61,775 | +14.0% |
| Operating profit (loss) | 9901 | €68,898 | €182,448 | +€113,550 | +164.8% |
| Financial income | 75/76B | €24 | €589 | +€565 | +2315.8% |
| Recurring financial income | 75 | €24 | €589 | +€565 | +2315.8% |
| Financial charges | 65/66B | €22,244 | €19,209 | -€3,035 | -13.6% |
| Recurring financial charges | 65 | €22,244 | €19,209 | -€3,035 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | €46,679 | €163,828 | +€117,150 | +251.0% |
| Income taxes | 67/77 | €9,889 | €37,709 | +€27,820 | +281.3% |
| Profit (loss) for the period | 9904 | €36,790 | €126,119 | +€89,329 | +242.8% |
| Profit (loss) for the period to be appropriated | 9905 | €36,790 | €126,119 | +€89,329 | +242.8% |
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 10 October 2026 via checked.be.