SCOTLAND JACQ: what changed
What changed
SCOTLAND JACQ
NACE 46.190, Agents in non-specialised wholesale trade
filed annual accounts (NBB)
Net result for the year
-€10,815
2024 · -€8,940-€1,875
Equity
-€3,416
2024 · €7,399-€10,815
Cash
€142,440
2024 · €99,769+€42,671
Balance sheet total
€202,490
2024 · €155,698+€46,792
Largest movements
Assets
- Cash +€42,671
up €42,671 (+42.8%), from €99,769 to €142,440
mainly Accrued charges and deferred income (+€42,288) and Trade debts (+€21,473)
- Receivables within one year +€15,438
up €15,438 (+56.6%), from €27,254 to €42,693
of which Other amounts receivable: +€13,874
- Tangible fixed assets -€7,017
down €7,017 (-31.8%), from €22,073 to €15,056
of which Furniture and vehicles: -€7,017
- Stocks and contracts -€4,301
down €4,301 (-65.2%), from €6,601 to €2,300
Equity and liabilities
- Accrued charges and deferred income +€42,288
new in 2025: €42,288
- Trade debts +€21,473
up €21,473 (+46.2%), from €46,489 to €67,962
- Advances received -€11,650
no longer reported in 2025 (was €11,650)
- Profit (loss) carried forward -€10,815
down €10,815 (-17.4%), from -€62,180 to -€72,994
- Other debts +€9,073
up €9,073 (+13.3%), from €68,322 to €77,395
Income statement
- Services and other goods +€120,410
new in 2025: €120,410
- Goods and materials +€70,029
new in 2025: €70,029
of which Purchases: +€65,728
- Turnover +€54,769
up €54,769 (+41.3%), from €132,562 to €187,331
- Depreciation -€7,716
down €7,716 (-52.4%), from €14,733 to €7,017
- Gross operating margin -€7,313
no longer reported in 2025 (was €7,313)
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.
Result 2024
-€8,940
Turnover
+€54,769
Other operating income
+€4,195
Goods and materials
-€70,029
Services and other goods
-€120,410
Depreciation
+€7,716
Other operating charges
-€17
Other operating items
+€125,249
Financial charges
+€77
Taxes
-€3,425
Result 2025
-€10,815
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€49,466
Investment
€0
Financing
-€6,794
Cash 2024
€99,769
From operations (derived)
+€49,466
Net result for the year
-€10,815
Depreciation
+€7,017
Stocks and contracts
+€4,301
Receivables within one year
-€15,438
Trade debts
+€21,473
Tax, wage and social debts
+€3,217
Advances received
-€11,650
Other debts
+€9,073
Accrued charges and deferred income
+€42,288
Financing
-€6,794
Current portion of long-term debt
-€6,794
Cash 2025
€142,440
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €155,698 | €202,490 | +€46,792 | +30.1% |
| Fixed assets | 21/28 | €22,073 | €15,056 | -€7,017 | -31.8% |
| Tangible fixed assets | 22/27 | €22,073 | €15,056 | -€7,017 | -31.8% |
| Plant, machinery and equipment | 23 | €1,440 | €1,440 | = | 0.0% |
| Furniture and vehicles | 24 | €20,634 | €13,617 | -€7,017 | -34.0% |
| Current assets | 29/58 | €133,624 | €187,433 | +€53,809 | +40.3% |
| Stocks and contracts in progress | 3 | €6,601 | €2,300 | -€4,301 | -65.2% |
| Stocks | 30/36 | €6,601 | €2,300 | -€4,301 | -65.2% |
| Goods purchased for resale | 34 | - | €2,300 | +€2,300 | |
| Amounts receivable within one year | 40/41 | €27,254 | €42,693 | +€15,438 | +56.6% |
| Trade receivables | 40 | €8,224 | €9,788 | +€1,564 | +19.0% |
| Other amounts receivable | 41 | €19,030 | €32,905 | +€13,874 | +72.9% |
| Cash at bank and in hand | 54/58 | €99,769 | €142,440 | +€42,671 | +42.8% |
| Total equity and liabilities | 10/49 | €155,698 | €202,490 | +€46,792 | +30.1% |
| Equity | 10/15 | €7,399 | -€3,416 | -€10,815 | |
| Contributions | 10/11 | €62,469 | €62,469 | = | 0.0% |
| Reserves | 13 | €7,109 | €7,109 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,292 | €1,292 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,292 | €1,292 | = | 0.0% |
| Distributable reserves | 133 | €5,817 | €5,817 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,180 | -€72,994 | -€10,815 | -17.4% |
| Amounts payable | 17/49 | €148,299 | €205,906 | +€57,606 | +38.8% |
| Amounts payable after more than one year | 17 | €14,449 | €14,449 | = | 0.0% |
| Financial debts | 170/4 | €14,449 | €14,449 | = | 0.0% |
| Credit institutions | 173 | - | €14,449 | +€14,449 | |
| Amounts payable within one year | 42/48 | €133,850 | €149,169 | +€15,318 | +11.4% |
| Current portion of amounts payable after more than one year | 42 | €6,794 | - | -€6,794 | |
| Trade debts | 44 | €46,489 | €67,962 | +€21,473 | +46.2% |
| Suppliers | 440/4 | €46,489 | €67,962 | +€21,473 | +46.2% |
| Advances received on contracts in progress | 46 | €11,650 | - | -€11,650 | |
| Taxes, remuneration and social security | 45 | €595 | €3,812 | +€3,217 | +541% |
| Taxes | 450/3 | €595 | €3,812 | +€3,217 | +541% |
| Other amounts payable | 47/48 | €68,322 | €77,395 | +€9,073 | +13.3% |
| Accrued charges and deferred income | 492/3 | - | €42,288 | +€42,288 | |
| Operating income | 70/76A | - | €191,526 | +€191,526 | |
| Turnover | 70 | €132,562 | €187,331 | +€54,769 | +41.3% |
| Other operating income | 74 | - | €4,195 | +€4,195 | |
| Non-recurring operating income | 76A | €7,587 | - | -€7,587 | |
| Operating charges | 60/66A | - | €197,984 | +€197,984 | |
| Goods, raw materials, services and sundry goods | 60/61 | €132,561 | - | -€132,561 | |
| Goods for resale, raw materials and consumables | 60 | - | €70,029 | +€70,029 | |
| Purchases | 600/8 | - | €65,728 | +€65,728 | |
| Change in stocks: decrease (increase) | 609 | - | €4,301 | +€4,301 | |
| Services and other goods | 61 | - | €120,410 | +€120,410 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,733 | €7,017 | -€7,716 | -52.4% |
| Other operating charges | 640/8 | €511 | €528 | +€17 | +3.4% |
| Gross operating margin | 9900 | €7,313 | - | -€7,313 | |
| Operating profit (loss) | 9901 | -€7,932 | -€6,459 | +€1,473 | +18.6% |
| Financial charges | 65/66B | €413 | €336 | -€77 | -18.7% |
| Recurring financial charges | 65 | €413 | €336 | -€77 | -18.7% |
| Debt charges | 650 | - | €336 | +€336 | |
| Profit (loss) for the period before taxes | 9903 | -€8,345 | -€6,795 | +€1,550 | +18.6% |
| Income taxes | 67/77 | €595 | €4,020 | +€3,425 | +576% |
| Taxes | 670/3 | - | €4,020 | +€4,020 | |
| Profit (loss) for the period | 9904 | -€8,940 | -€10,815 | -€1,875 | -21.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,940 | -€10,815 | -€1,875 | -21.0% |
Next steps
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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 5 November 2026 via checked.be.