SCRAPS TRAD: 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.
SCRAPS TRAD
Largest movements
- Receivables within one year -€498,677
down €498,677 (-57.6%), from €865,342 to €366,665
of which Trade receivables: -€478,442
- Cash -€131,183
down €131,183 (-25.0%), from €525,031 to €393,848
mainly Trade debts (-€703,190) and Investment in fixed assets (net) (-€25,456)
- Tangible fixed assets +€18,485
up €18,485 (+27.0%), from €68,503 to €86,988
- Trade debts -€703,190
no longer reported in 2025 (was €703,190)
- Debts after one year +€46,956
new in 2025: €46,956
- Profit (loss) carried forward +€26,484
up €26,484 (+3.6%), from €733,873 to €760,358
- Current portion of long-term debt +€17,033
new in 2025: €17,033
- Turnover -€4.0m
down €4.0m (-56.3%), from €7.0m to €3.1m
- Purchases and services -€3.9m
down €3.9m (-56.1%), from €6.9m to €3.0m
- Gross operating margin -€83,418
down €83,418 (-66.5%), from €125,439 to €42,021
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 | €1,458,876 | €847,501 | -€611,375 | -41.9% |
| Fixed assets | 21/28 | €68,503 | €86,988 | +€18,485 | +27.0% |
| Tangible fixed assets | 22/27 | €68,503 | €86,988 | +€18,485 | +27.0% |
| Furniture and vehicles | 24 | €68,503 | €86,988 | +€18,485 | +27.0% |
| Current assets | 29/58 | €1,390,373 | €760,513 | -€629,860 | -45.3% |
| Amounts receivable within one year | 40/41 | €865,342 | €366,665 | -€498,677 | -57.6% |
| Trade receivables | 40 | €822,526 | €344,084 | -€478,442 | -58.2% |
| Other amounts receivable | 41 | €42,816 | €22,581 | -€20,235 | -47.3% |
| Cash at bank and in hand | 54/58 | €525,031 | €393,848 | -€131,183 | -25.0% |
| Total equity and liabilities | 10/49 | €1,458,876 | €847,501 | -€611,375 | -41.9% |
| Equity | 10/15 | €752,473 | €778,958 | +€26,484 | +3.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €733,873 | €760,358 | +€26,484 | +3.6% |
| Amounts payable | 17/49 | €706,403 | €68,544 | -€637,859 | -90.3% |
| Amounts payable after more than one year | 17 | - | €46,956 | +€46,956 | |
| Financial debts | 170/4 | - | €46,956 | +€46,956 | |
| Amounts payable within one year | 42/48 | €706,403 | €21,588 | -€684,814 | -96.9% |
| Current portion of amounts payable after more than one year | 42 | - | €17,033 | +€17,033 | |
| Trade debts | 44 | €703,190 | - | -€703,190 | |
| Suppliers | 440/4 | €703,190 | - | -€703,190 | |
| Other amounts payable | 47/48 | €3,213 | €4,555 | +€1,342 | +41.8% |
| Turnover | 70 | €7,047,639 | €3,079,996 | -€4.0m | -56.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €6,922,200 | €3,037,975 | -€3.9m | -56.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,374 | €6,971 | -€54,403 | -88.6% |
| Other operating charges | 640/8 | €7,719 | €2,965 | -€4,754 | -61.6% |
| Gross operating margin | 9900 | €125,439 | €42,021 | -€83,418 | -66.5% |
| Operating profit (loss) | 9901 | €56,346 | €32,084 | -€24,262 | -43.1% |
| Financial charges | 65/66B | €125 | €980 | +€855 | +684% |
| Recurring financial charges | 65 | €125 | €980 | +€855 | +684% |
| Profit (loss) for the period before taxes | 9903 | €56,221 | €31,104 | -€25,117 | -44.7% |
| Income taxes | 67/77 | €18,305 | €4,620 | -€13,685 | -74.8% |
| Profit (loss) for the period | 9904 | €37,916 | €26,484 | -€11,431 | -30.1% |
| Profit (loss) for the period to be appropriated | 9905 | €37,916 | €26,484 | -€11,431 | -30.1% |
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 20 October 2026 via checked.be.