SCOTT: 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.
SCOTT
Largest movements
- Cash +€244,288
up €244,288 (+3,713%), from €6,580 to €250,868
mainly Receivables after one year (+€217,972) and Depreciation (+€22,303)
- Receivables after one year -€217,972
down €217,972 (-54.4%), from €400,797 to €182,825
- Tangible fixed assets -€22,303
down €22,303 (-7.7%), from €290,099 to €267,796
- Receivables within one year -€19,550
down €19,550 (-70.4%), from €27,789 to €8,239
- Profit (loss) carried forward -€16,214
down €16,214 (-4.9%), from -€334,054 to -€350,268
- Financial income -€5,469
down €5,469 (-38.1%), from €14,358 to €8,889
- Gross operating margin +€2,737
up €2,737 (+32.3%), from -€8,474 to -€5,737
- Depreciation -€790
down €790 (-3.4%), from €23,093 to €22,303
- Other operating charges +€298
up €298 (+14.0%), from €2,134 to €2,432
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.
Derived cash bridge
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 | €731,265 | €709,728 | -€21,537 | -2.9% |
| Fixed assets | 21/28 | €290,099 | €267,796 | -€22,303 | -7.7% |
| Tangible fixed assets | 22/27 | €290,099 | €267,796 | -€22,303 | -7.7% |
| Land and buildings | 22 | €290,099 | €267,796 | -€22,303 | -7.7% |
| Current assets | 29/58 | €441,166 | €441,932 | +€766 | +0.2% |
| Amounts receivable after more than one year | 29 | €400,797 | €182,825 | -€217,972 | -54.4% |
| Other amounts receivable | 291 | €400,797 | €182,825 | -€217,972 | -54.4% |
| Amounts receivable within one year | 40/41 | €27,789 | €8,239 | -€19,550 | -70.4% |
| Other amounts receivable | 41 | €27,789 | €8,239 | -€19,550 | -70.4% |
| Cash at bank and in hand | 54/58 | €6,580 | €250,868 | +€244,288 | +3,713% |
| Deferred charges and accrued income | 490/1 | €6,000 | - | -€6,000 | |
| Total equity and liabilities | 10/49 | €731,265 | €709,728 | -€21,537 | -2.9% |
| Equity | 10/15 | -€228,800 | -€249,101 | -€20,301 | -8.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €86,654 | €82,567 | -€4,087 | -4.7% |
| Tax-exempt reserves | 132 | €85,925 | €81,838 | -€4,087 | -4.8% |
| Distributable reserves | 133 | €729 | €729 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€334,054 | -€350,268 | -€16,214 | -4.9% |
| Provisions and deferred taxes | 16 | €37,970 | €36,608 | -€1,362 | -3.6% |
| Deferred taxes | 168 | €37,970 | €36,608 | -€1,362 | -3.6% |
| Amounts payable | 17/49 | €922,095 | €922,221 | +€126 | 0.0% |
| Amounts payable after more than one year | 17 | €709,044 | €709,044 | = | 0.0% |
| Financial debts | 170/4 | €425,000 | €425,000 | = | 0.0% |
| Other amounts payable | 178/9 | €284,044 | €284,044 | = | 0.0% |
| Amounts payable within one year | 42/48 | €175,175 | €175,301 | +€126 | +0.1% |
| Trade debts | 44 | €1,195 | €1,321 | +€126 | +10.5% |
| Suppliers | 440/4 | €1,195 | €1,321 | +€126 | +10.5% |
| Taxes, remuneration and social security | 45 | €442 | €442 | = | 0.0% |
| Taxes | 450/3 | €442 | €442 | = | 0.0% |
| Other amounts payable | 47/48 | €173,538 | €173,538 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €37,876 | €37,876 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,093 | €22,303 | -€790 | -3.4% |
| Other operating charges | 640/8 | €2,134 | €2,432 | +€298 | +14.0% |
| Gross operating margin | 9900 | -€8,474 | -€5,737 | +€2,737 | +32.3% |
| Operating profit (loss) | 9901 | -€33,701 | -€30,472 | +€3,229 | +9.6% |
| Financial income | 75/76B | €14,358 | €8,889 | -€5,469 | -38.1% |
| Recurring financial income | 75 | €14,358 | €8,889 | -€5,469 | -38.1% |
| Financial charges | 65/66B | €79 | €80 | +€1 | +1.3% |
| Recurring financial charges | 65 | €79 | €80 | +€1 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | -€19,422 | -€21,663 | -€2,241 | -11.5% |
| Transfer from deferred taxes | 780 | €1,410 | €1,362 | -€48 | -3.4% |
| Profit (loss) for the period | 9904 | -€18,012 | -€20,301 | -€2,289 | -12.7% |
| Transfer from tax-exempt reserves | 789 | €4,231 | €4,087 | -€144 | -3.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,781 | -€16,214 | -€2,433 | -17.7% |
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 15 October 2026 via checked.be.