SCORTEX: 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.
SCORTEX
Largest movements
- Cash +€20,996
up €20,996 (+222.0%), from €9,456 to €30,451
mainly Net result for the year (+€27,687) and Depreciation (+€14,497)
- Tangible fixed assets -€15,555
down €15,555 (-37.0%), from €42,055 to €26,500
of which Furniture and vehicles: -€14,615
- Receivables within one year -€5,401
down €5,401 (-6.7%), from €81,023 to €75,622
of which Trade receivables: -€25,064
- Reserves +€27,687
up €27,687 (+97.6%), from €28,369 to €56,056
- Trade debts -€19,738
down €19,738 (-49.5%), from €39,859 to €20,121
- Debts after one year -€8,064
down €8,064 (-43.1%), from €18,698 to €10,634
- Tax, wage and social debts +€1,428
up €1,428 (+8.2%), from €17,366 to €18,794
- Gross operating margin +€48,319
up €48,319 (+564.3%), from €8,563 to €56,882
- Taxes +€9,219
up €9,219 (+6257.5%), from €147 to €9,366
- Depreciation -€5,948
down €5,948 (-29.1%), from €20,446 to €14,497
- Other operating charges +€1,518
up €1,518 (+84.3%), from €1,802 to €3,320
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 | €132,569 | €132,825 | +€255 | +0.2% |
| Fixed assets | 21/28 | €42,055 | €26,500 | -€15,555 | -37.0% |
| Tangible fixed assets | 22/27 | €42,055 | €26,500 | -€15,555 | -37.0% |
| Plant, machinery and equipment | 23 | €3,273 | €2,333 | -€939 | -28.7% |
| Furniture and vehicles | 24 | €38,782 | €24,166 | -€14,615 | -37.7% |
| Current assets | 29/58 | €90,515 | €106,325 | +€15,810 | +17.5% |
| Amounts receivable within one year | 40/41 | €81,023 | €75,622 | -€5,401 | -6.7% |
| Trade receivables | 40 | €49,982 | €24,919 | -€25,064 | -50.1% |
| Other amounts receivable | 41 | €31,041 | €50,703 | +€19,663 | +63.3% |
| Cash at bank and in hand | 54/58 | €9,456 | €30,451 | +€20,996 | +222.0% |
| Deferred charges and accrued income | 490/1 | €36 | €252 | +€216 | +603.2% |
| Total equity and liabilities | 10/49 | €132,569 | €132,825 | +€255 | +0.2% |
| Equity | 10/15 | €47,522 | €75,209 | +€27,687 | +58.3% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €28,369 | €56,056 | +€27,687 | +97.6% |
| Non-distributable reserves | 130/1 | €28,369 | €56,056 | +€27,687 | +97.6% |
| Other | 1319 | €28,369 | €56,056 | +€27,687 | +97.6% |
| Profit (loss) carried forward | 14 | €17,654 | €17,654 | = | 0.0% |
| Amounts payable | 17/49 | €85,047 | €57,615 | -€27,432 | -32.3% |
| Amounts payable after more than one year | 17 | €18,698 | €10,634 | -€8,064 | -43.1% |
| Financial debts | 170/4 | €18,698 | €10,634 | -€8,064 | -43.1% |
| Amounts payable within one year | 42/48 | €66,349 | €46,981 | -€19,367 | -29.2% |
| Current portion of amounts payable after more than one year | 42 | €9,123 | €8,064 | -€1,058 | -11.6% |
| Trade debts | 44 | €39,859 | €20,121 | -€19,738 | -49.5% |
| Suppliers | 440/4 | €39,859 | €20,121 | -€19,738 | -49.5% |
| Taxes, remuneration and social security | 45 | €17,366 | €18,794 | +€1,428 | +8.2% |
| Taxes | 450/3 | €17,366 | €18,794 | +€1,428 | +8.2% |
| Other amounts payable | 47/48 | - | €2 | +€2 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,446 | €14,497 | -€5,948 | -29.1% |
| Other operating charges | 640/8 | €1,802 | €3,320 | +€1,518 | +84.3% |
| Gross operating margin | 9900 | €8,563 | €56,882 | +€48,319 | +564.3% |
| Operating profit (loss) | 9901 | -€13,684 | €39,065 | +€52,749 | |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €2,513 | €2,022 | -€491 | -19.6% |
| Recurring financial charges | 65 | €2,513 | €2,022 | -€491 | -19.6% |
| Profit (loss) for the period before taxes | 9903 | -€16,197 | €37,053 | +€53,250 | |
| Income taxes | 67/77 | €147 | €9,366 | +€9,219 | +6257.5% |
| Profit (loss) for the period | 9904 | -€16,345 | €27,687 | +€44,032 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,345 | €27,687 | +€44,032 |
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 11 October 2026 via checked.be.