SCOT & FLANDERS: what changed
SCOT & FLANDERS
Largest movements
- Cash +€3,743
up €3,743 (+295%), from €1,268 to €5,010
mainly Other debts (+€5,006) and Receivables within one year (+€928)
- Receivables within one year -€928
down €928 (-74.2%), from €1,252 to €323
- Other debts +€5,006
up €5,006 (+76.8%), from €6,520 to €11,526
- Profit (loss) carried forward -€2,362
down €2,362 (-15.2%), from -€15,522 to -€17,885
- Trade debts +€434
new in 2025: €434
- Tax, wage and social debts -€409
down €409 (-59.3%), from €689 to €280
- Financial income +€5,000
new in 2025: €5,000
- Gross operating margin -€999
down €999 (-16.5%), from -€6,037 to -€7,036
- Financial charges -€81
down €81 (-30.4%), from €267 to €186
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,587 | €20,255 | +€2,668 | +15.2% |
| Current assets | 29/58 | €17,587 | €20,255 | +€2,668 | +15.2% |
| Stocks and contracts in progress | 3 | €15,067 | €14,921 | -€146 | -1.0% |
| Stocks | 30/36 | €15,067 | €14,921 | -€146 | -1.0% |
| Amounts receivable within one year | 40/41 | €1,252 | €323 | -€928 | -74.2% |
| Trade receivables | 40 | €1,252 | €323 | -€928 | -74.2% |
| Cash at bank and in hand | 54/58 | €1,268 | €5,010 | +€3,743 | +295% |
| Total equity and liabilities | 10/49 | €17,587 | €20,255 | +€2,668 | +15.2% |
| Equity | 10/15 | €3,306 | €944 | -€2,362 | -71.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €229 | €229 | = | 0.0% |
| Distributable reserves | 133 | €229 | €229 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,522 | -€17,885 | -€2,362 | -15.2% |
| Amounts payable | 17/49 | €14,280 | €19,311 | +€5,030 | +35.2% |
| Amounts payable after more than one year | 17 | €7,071 | €7,071 | = | 0.0% |
| Financial debts | 170/4 | €7,071 | €7,071 | = | 0.0% |
| Amounts payable within one year | 42/48 | €7,209 | €12,240 | +€5,030 | +69.8% |
| Trade debts | 44 | - | €434 | +€434 | |
| Suppliers | 440/4 | - | €434 | +€434 | |
| Taxes, remuneration and social security | 45 | €689 | €280 | -€409 | -59.3% |
| Taxes | 450/3 | €689 | €280 | -€409 | -59.3% |
| Other amounts payable | 47/48 | €6,520 | €11,526 | +€5,006 | +76.8% |
| Gross operating margin | 9900 | -€6,037 | -€7,036 | -€999 | -16.5% |
| Operating profit (loss) | 9901 | -€6,037 | -€7,036 | -€999 | -16.5% |
| Financial income | 75/76B | - | €5,000 | +€5,000 | |
| Recurring financial income | 75 | - | €5,000 | +€5,000 | |
| Financial charges | 65/66B | €267 | €186 | -€81 | -30.4% |
| Recurring financial charges | 65 | €267 | €186 | -€81 | -30.4% |
| Profit (loss) for the period before taxes | 9903 | -€6,304 | -€2,222 | +€4,082 | +64.8% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€6,443 | -€2,362 | +€4,081 | +63.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,443 | -€2,362 | +€4,081 | +63.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.