SCYTALE TECHNOLOGY: what changed
Two fiscal 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.
SCYTALE TECHNOLOGY
Largest movements
- Receivables within one year +€571,207
up €571,207 (+288.2%), from €198,189 to €769,396
of which Trade receivables: +€552,485
- Cash -€76,053
down €76,053 (-8.2%), from €931,713 to €855,661
mainly Receivables within one year (-€571,207) and Contributions, distributions and other (-€115,128)
- Trade debts +€262,208
up €262,208 (+914.9%), from €28,661 to €290,869
of which Suppliers: +€254,468
- Reserves +€140,136
up €140,136 (+17.5%), from €799,656 to €939,792
- Other debts +€115,128
new in 2024: €115,128
- Tax, wage and social debts -€25,801
down €25,801 (-11.4%), from €225,934 to €200,133
of which Taxes: -€14,036
- Staff costs +€153,901
up €153,901 (+29.0%), from €530,720 to €684,621
- Gross operating margin +€70,793
up €70,793 (+7.1%), from €1.0m to €1.1m
- Taxes -€25,421
down €25,421 (-17.7%), from €144,020 to €118,600
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,185,922 | €1,664,779 | +€478,857 | +40.4% |
| Fixed assets | 21/28 | €56,019 | €39,723 | -€16,297 | -29.1% |
| Tangible fixed assets | 22/27 | €55,994 | €39,698 | -€16,297 | -29.1% |
| Furniture and vehicles | 24 | €55,994 | €39,698 | -€16,297 | -29.1% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €1,129,903 | €1,625,057 | +€495,154 | +43.8% |
| Amounts receivable within one year | 40/41 | €198,189 | €769,396 | +€571,207 | +288.2% |
| Trade receivables | 40 | €143,834 | €696,319 | +€552,485 | +384.1% |
| Other amounts receivable | 41 | €54,355 | €73,077 | +€18,722 | +34.4% |
| Cash at bank and in hand | 54/58 | €931,713 | €855,661 | -€76,053 | -8.2% |
| Total equity and liabilities | 10/49 | €1,185,922 | €1,664,779 | +€478,857 | +40.4% |
| Equity | 10/15 | €882,686 | €1,022,821 | +€140,136 | +15.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €799,656 | €939,792 | +€140,136 | +17.5% |
| Distributable reserves | 133 | €799,656 | €939,792 | +€140,136 | +17.5% |
| Profit (loss) carried forward | 14 | €82,029 | €82,029 | = | 0.0% |
| Amounts payable | 17/49 | €303,236 | €641,958 | +€338,722 | +111.7% |
| Amounts payable after more than one year | 17 | €35,449 | €22,521 | -€12,928 | -36.5% |
| Financial debts | 170/4 | €35,449 | €22,521 | -€12,928 | -36.5% |
| Amounts payable within one year | 42/48 | €267,787 | €619,436 | +€351,649 | +131.3% |
| Current portion of amounts payable after more than one year | 42 | €13,193 | €13,307 | +€114 | +0.9% |
| Trade debts | 44 | €28,661 | €290,869 | +€262,208 | +914.9% |
| Suppliers | 440/4 | €28,661 | €283,129 | +€254,468 | +887.9% |
| Bills of exchange payable | 441 | - | €7,740 | +€7,740 | |
| Taxes, remuneration and social security | 45 | €225,934 | €200,133 | -€25,801 | -11.4% |
| Taxes | 450/3 | €132,795 | €118,759 | -€14,036 | -10.6% |
| Remuneration and social security | 454/9 | €93,139 | €81,374 | -€11,764 | -12.6% |
| Other amounts payable | 47/48 | - | €115,128 | +€115,128 | |
| Remuneration, social security and pensions | 62 | €530,720 | €684,621 | +€153,901 | +29.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,147 | €16,297 | +€1,150 | +7.6% |
| Other operating charges | 640/8 | €125 | €295 | +€170 | +135.9% |
| Gross operating margin | 9900 | €1,002,081 | €1,072,874 | +€70,793 | +7.1% |
| Operating profit (loss) | 9901 | €456,089 | €371,662 | -€84,427 | -18.5% |
| Financial income | 75/76B | €1,230 | €2,849 | +€1,619 | +131.7% |
| Recurring financial income | 75 | €1,230 | €2,849 | +€1,619 | +131.7% |
| Financial charges | 65/66B | €715 | €648 | -€67 | -9.4% |
| Recurring financial charges | 65 | €715 | €648 | -€67 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | €456,604 | €373,863 | -€82,741 | -18.1% |
| Income taxes | 67/77 | €144,020 | €118,600 | -€25,421 | -17.7% |
| Profit (loss) for the period | 9904 | €312,584 | €255,263 | -€57,320 | -18.3% |
| Profit (loss) for the period to be appropriated | 9905 | €312,584 | €255,263 | -€57,320 | -18.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.