STUDIO 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.
STUDIO SCOTT
Largest movements
- Receivables within one year -€89,458
down €89,458 (-44.4%), from €201,315 to €111,857
of which Trade receivables: -€90,152
- Cash +€48,012
up €48,012 (+32.0%), from €150,106 to €198,117
mainly Receivables within one year (+€89,458) and Net result for the year (+€54,684)
- Intangible fixed assets -€4,543
down €4,543 (-45.6%), from €9,958 to €5,416
- Deferred charges and accrued income -€4,344
down €4,344 (-86.9%), from €5,000 to €656
- Trade debts -€40,164
down €40,164 (-17.1%), from €234,805 to €194,641
- Other debts -€19,439
down €19,439 (-28.2%), from €69,000 to €49,561
- Profit (loss) carried forward +€5,184
up €5,184 (+43.5%), from €11,918 to €17,102
- Tax, wage and social debts +€4,085
up €4,085 (+12.8%), from €31,860 to €35,945
- Gross operating margin -€8,300
down €8,300 (-10.9%), from €76,011 to €67,711
- Financial income -€4,364
down €4,364 (-97.5%), from €4,474 to €110
- Other operating charges +€2,912
up €2,912 (+583%), from €499 to €3,412
- Write-downs +€1,470
new in 2025: €1,470
- Taxes +€1,157
up €1,157 (+59.9%), from €1,932 to €3,089
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 | €366,379 | €316,046 | -€50,334 | -13.7% |
| Fixed assets | 21/28 | €9,958 | €5,416 | -€4,543 | -45.6% |
| Intangible fixed assets | 21 | €9,958 | €5,416 | -€4,543 | -45.6% |
| Current assets | 29/58 | €356,421 | €310,630 | -€45,791 | -12.8% |
| Amounts receivable within one year | 40/41 | €201,315 | €111,857 | -€89,458 | -44.4% |
| Trade receivables | 40 | €199,225 | €109,073 | -€90,152 | -45.3% |
| Other amounts receivable | 41 | €2,090 | €2,783 | +€694 | +33.2% |
| Cash at bank and in hand | 54/58 | €150,106 | €198,117 | +€48,012 | +32.0% |
| Deferred charges and accrued income | 490/1 | €5,000 | €656 | -€4,344 | -86.9% |
| Total equity and liabilities | 10/49 | €366,379 | €316,046 | -€50,334 | -13.7% |
| Equity | 10/15 | €30,715 | €35,899 | +€5,184 | +16.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €196 | €196 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €196 | €196 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,918 | €17,102 | +€5,184 | +43.5% |
| Amounts payable | 17/49 | €335,665 | €280,147 | -€55,518 | -16.5% |
| Amounts payable within one year | 42/48 | €335,665 | €280,147 | -€55,518 | -16.5% |
| Trade debts | 44 | €234,805 | €194,641 | -€40,164 | -17.1% |
| Suppliers | 440/4 | €234,805 | €194,641 | -€40,164 | -17.1% |
| Taxes, remuneration and social security | 45 | €31,860 | €35,945 | +€4,085 | +12.8% |
| Taxes | 450/3 | €31,860 | €35,945 | +€4,085 | +12.8% |
| Other amounts payable | 47/48 | €69,000 | €49,561 | -€19,439 | -28.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,543 | €4,543 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,470 | +€1,470 | |
| Other operating charges | 640/8 | €499 | €3,412 | +€2,912 | +583% |
| Gross operating margin | 9900 | €76,011 | €67,711 | -€8,300 | -10.9% |
| Operating profit (loss) | 9901 | €70,969 | €58,286 | -€12,682 | -17.9% |
| Financial income | 75/76B | €4,474 | €110 | -€4,364 | -97.5% |
| Recurring financial income | 75 | €4,474 | €110 | -€4,364 | -97.5% |
| Financial charges | 65/66B | €414 | €624 | +€210 | +50.6% |
| Recurring financial charges | 65 | €414 | €624 | +€210 | +50.6% |
| Profit (loss) for the period before taxes | 9903 | €75,029 | €57,773 | -€17,256 | -23.0% |
| Income taxes | 67/77 | €1,932 | €3,089 | +€1,157 | +59.9% |
| Profit (loss) for the period | 9904 | €73,097 | €54,684 | -€18,413 | -25.2% |
| Profit (loss) for the period to be appropriated | 9905 | €73,097 | €54,684 | -€18,413 | -25.2% |
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 19 October 2026 via checked.be.