SCOTTINVEST: 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.
SCOTTINVEST
Largest movements
- Cash +€40,812
up €40,812 (+132%), from €30,864 to €71,677
mainly Trade debts (+€16,651) and Receivables within one year (+€15,184)
- Receivables within one year -€15,184
down €15,184 (-66.8%), from €22,715 to €7,532
of which Trade receivables: -€16,793
- Tangible fixed assets -€7,458
down €7,458 (-22.6%), from €33,018 to €25,560
of which Furniture and vehicles: -€3,950
- Trade debts +€16,651
up €16,651 (+46.2%), from €36,061 to €52,712
- Tax, wage and social debts +€7,686
up €7,686 (+133%), from €5,768 to €13,454
of which Taxes: +€6,235
- Profit (loss) carried forward -€7,417
down €7,417 (-19.6%), from €37,789 to €30,372
- Other debts +€1,251
up €1,251 (+63.2%), from €1,979 to €3,231
- Gross operating margin -€13,019
down €13,019 (-60.8%), from €21,397 to €8,378
- Staff costs +€5,838
new in 2025: €5,838
- Taxes -€1,799
no longer reported in 2025 (was €1,799)
- Depreciation +€1,712
up €1,712 (+29.8%), from €5,745 to €7,458
- Financial income -€600
no longer reported in 2025 (was €600)
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 | €86,598 | €104,769 | +€18,171 | +21.0% |
| Fixed assets | 21/28 | €33,018 | €25,560 | -€7,458 | -22.6% |
| Tangible fixed assets | 22/27 | €33,018 | €25,560 | -€7,458 | -22.6% |
| Furniture and vehicles | 24 | €11,683 | €7,733 | -€3,950 | -33.8% |
| Other tangible fixed assets | 26 | €21,335 | €17,828 | -€3,507 | -16.4% |
| Current assets | 29/58 | €53,580 | €79,209 | +€25,629 | +47.8% |
| Amounts receivable within one year | 40/41 | €22,715 | €7,532 | -€15,184 | -66.8% |
| Trade receivables | 40 | €21,556 | €4,763 | -€16,793 | -77.9% |
| Other amounts receivable | 41 | €1,159 | €2,769 | +€1,610 | +139% |
| Cash at bank and in hand | 54/58 | €30,864 | €71,677 | +€40,812 | +132% |
| Total equity and liabilities | 10/49 | €86,598 | €104,769 | +€18,171 | +21.0% |
| Equity | 10/15 | €42,789 | €35,372 | -€7,417 | -17.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,789 | €30,372 | -€7,417 | -19.6% |
| Amounts payable | 17/49 | €43,808 | €69,396 | +€25,588 | +58.4% |
| Amounts payable within one year | 42/48 | €43,808 | €69,396 | +€25,588 | +58.4% |
| Trade debts | 44 | €36,061 | €52,712 | +€16,651 | +46.2% |
| Suppliers | 440/4 | €36,061 | €52,712 | +€16,651 | +46.2% |
| Taxes, remuneration and social security | 45 | €5,768 | €13,454 | +€7,686 | +133% |
| Taxes | 450/3 | €5,768 | €12,003 | +€6,235 | +108% |
| Remuneration and social security | 454/9 | - | €1,451 | +€1,451 | |
| Other amounts payable | 47/48 | €1,979 | €3,231 | +€1,251 | +63.2% |
| Remuneration, social security and pensions | 62 | - | €5,838 | +€5,838 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,745 | €7,458 | +€1,712 | +29.8% |
| Other operating charges | 640/8 | - | €63 | +€63 | |
| Gross operating margin | 9900 | €21,397 | €8,378 | -€13,019 | -60.8% |
| Operating profit (loss) | 9901 | €15,652 | -€4,981 | -€20,633 | |
| Financial income | 75/76B | €600 | - | -€600 | |
| Recurring financial income | 75 | €600 | - | -€600 | |
| Financial charges | 65/66B | €1,871 | €2,436 | +€565 | +30.2% |
| Recurring financial charges | 65 | €1,871 | €2,436 | +€565 | +30.2% |
| Profit (loss) for the period before taxes | 9903 | €14,381 | -€7,417 | -€21,798 | |
| Income taxes | 67/77 | €1,799 | - | -€1,799 | |
| Profit (loss) for the period | 9904 | €12,582 | -€7,417 | -€19,999 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,582 | -€7,417 | -€19,999 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.