SCOTWORK BENELUX: 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.
SCOTWORK BENELUX
Largest movements
- Receivables within one year -€92,339
down €92,339 (-36.4%), from €254,005 to €161,666
of which Trade receivables: -€83,394
- Cash -€13,134
down €13,134 (-54.8%), from €23,957 to €10,823
mainly Accrued charges and deferred income (-€86,304) and Trade debts (-€18,906)
- Accrued charges and deferred income -€86,304
down €86,304 (-100%), from €86,304 to €0
- Trade debts -€18,906
down €18,906 (-12.1%), from €156,478 to €137,571
- Profit (loss) carried forward +€4,362
up €4,362 (+18.1%), from €24,064 to €28,426
- Depreciation -€1,391
down €1,391 (-52.6%), from €2,644 to €1,254
- Other operating charges +€1,334
up €1,334 (+264%), from €505 to €1,839
- Financial income +€1,205
up €1,205 (+2,975%), from €41 to €1,246
- Gross operating margin -€816
down €816 (-8.3%), from €9,771 to €8,955
- Financial charges -€597
down €597 (-36.3%), from €1,646 to €1,049
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 | €280,028 | €175,633 | -€104,396 | -37.3% |
| Fixed assets | 21/28 | €2,066 | €3,143 | +€1,077 | +52.1% |
| Tangible fixed assets | 22/27 | €2,066 | €3,143 | +€1,077 | +52.1% |
| Plant, machinery and equipment | 23 | €27 | €0 | -€27 | -100% |
| Furniture and vehicles | 24 | €2,039 | €3,143 | +€1,104 | +54.1% |
| Current assets | 29/58 | €277,962 | €172,490 | -€105,472 | -37.9% |
| Amounts receivable within one year | 40/41 | €254,005 | €161,666 | -€92,339 | -36.4% |
| Trade receivables | 40 | €228,256 | €144,862 | -€83,394 | -36.5% |
| Other amounts receivable | 41 | €25,749 | €16,804 | -€8,945 | -34.7% |
| Cash at bank and in hand | 54/58 | €23,957 | €10,823 | -€13,134 | -54.8% |
| Total equity and liabilities | 10/49 | €280,028 | €175,633 | -€104,396 | -37.3% |
| Equity | 10/15 | €32,124 | €36,486 | +€4,362 | +13.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,064 | €28,426 | +€4,362 | +18.1% |
| Amounts payable | 17/49 | €247,904 | €139,146 | -€108,758 | -43.9% |
| Amounts payable within one year | 42/48 | €161,600 | €139,146 | -€22,454 | -13.9% |
| Financial debts | 43 | €1,505 | €0 | -€1,505 | -100% |
| Other loans | 439 | €1,505 | €0 | -€1,505 | -100% |
| Trade debts | 44 | €156,478 | €137,571 | -€18,906 | -12.1% |
| Suppliers | 440/4 | €156,478 | €137,571 | -€18,906 | -12.1% |
| Taxes, remuneration and social security | 45 | €412 | €1,037 | +€625 | +152% |
| Taxes | 450/3 | €412 | €1,037 | +€625 | +152% |
| Other amounts payable | 47/48 | €3,206 | €538 | -€2,667 | -83.2% |
| Accrued charges and deferred income | 492/3 | €86,304 | €0 | -€86,304 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,644 | €1,254 | -€1,391 | -52.6% |
| Other operating charges | 640/8 | €505 | €1,839 | +€1,334 | +264% |
| Gross operating margin | 9900 | €9,771 | €8,955 | -€816 | -8.3% |
| Operating profit (loss) | 9901 | €6,621 | €5,862 | -€759 | -11.5% |
| Financial income | 75/76B | €41 | €1,246 | +€1,205 | +2,975% |
| Recurring financial income | 75 | €41 | €1,246 | +€1,205 | +2,975% |
| Financial charges | 65/66B | €1,646 | €1,049 | -€597 | -36.3% |
| Recurring financial charges | 65 | €1,646 | €1,049 | -€597 | -36.3% |
| Profit (loss) for the period before taxes | 9903 | €5,016 | €6,059 | +€1,043 | +20.8% |
| Income taxes | 67/77 | €1,340 | €1,697 | +€358 | +26.7% |
| Profit (loss) for the period | 9904 | €3,676 | €4,362 | +€686 | +18.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,676 | €4,362 | +€686 | +18.7% |
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 21 October 2026 via checked.be.