THE SCORPION: 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.
THE SCORPION
Largest movements
- Financial fixed assets -€1.5m
down €1.5m (-47.6%), from €3.2m to €1.7m
- Receivables within one year -€100,130
down €100,130 (-74.2%), from €135,024 to €34,894
of which Trade receivables: -€98,903
- Other debts -€1.3m
down €1.3m (-96.0%), from €1.4m to €56,547
- Profit (loss) carried forward -€156,984
down €156,984, from €600 to -€156,383
- Trade debts -€118,869
down €118,869 (-18.3%), from €650,537 to €531,669
- Gross operating margin -€2.6m
down €2.6m, from €2.3m to -€295,534
- Other operating charges -€801,917
no longer reported in 2025 (was €801,917)
- Taxes -€402,973
no longer reported in 2025 (was €402,973)
- Financial charges -€192,623
down €192,623 (-99.9%), from €192,735 to €111
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 | €3,354,699 | €1,733,846 | -€1.6m | -48.3% |
| Fixed assets | 21/28 | €3,196,479 | €1,675,140 | -€1.5m | -47.6% |
| Financial fixed assets | 28 | €3,196,479 | €1,675,140 | -€1.5m | -47.6% |
| Current assets | 29/58 | €158,220 | €58,706 | -€99,514 | -62.9% |
| Amounts receivable within one year | 40/41 | €135,024 | €34,894 | -€100,130 | -74.2% |
| Trade receivables | 40 | €98,903 | - | -€98,903 | |
| Other amounts receivable | 41 | €36,122 | €34,894 | -€1,227 | -3.4% |
| Cash at bank and in hand | 54/58 | €23,195 | €23,812 | +€616 | +2.7% |
| Total equity and liabilities | 10/49 | €3,354,699 | €1,733,846 | -€1.6m | -48.3% |
| Equity | 10/15 | €880,600 | €723,617 | -€156,984 | -17.8% |
| Contributions | 10/11 | €800,000 | €800,000 | = | 0.0% |
| Capital | 10 | €800,000 | €800,000 | = | 0.0% |
| Issued capital | 100 | €800,000 | €800,000 | = | 0.0% |
| Reserves | 13 | €80,000 | €80,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €80,000 | €80,000 | = | 0.0% |
| Legal reserve | 130 | €80,000 | €80,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €600 | -€156,383 | -€156,984 | |
| Amounts payable | 17/49 | €2,474,099 | €1,010,230 | -€1.5m | -59.2% |
| Amounts payable within one year | 42/48 | €2,474,099 | €1,010,230 | -€1.5m | -59.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | -€0 | |
| Trade debts | 44 | €650,537 | €531,669 | -€118,869 | -18.3% |
| Suppliers | 440/4 | €650,537 | €531,669 | -€118,869 | -18.3% |
| Taxes, remuneration and social security | 45 | €422,015 | €422,015 | = | 0.0% |
| Taxes | 450/3 | €422,015 | €422,015 | = | 0.0% |
| Other amounts payable | 47/48 | €1,401,547 | €56,547 | -€1.3m | -96.0% |
| Other operating charges | 640/8 | €801,917 | - | -€801,917 | |
| Gross operating margin | 9900 | €2,279,528 | -€295,534 | -€2.6m | |
| Operating profit (loss) | 9901 | €1,477,611 | -€295,534 | -€1.8m | |
| Financial income | 75/76B | €142,455 | €138,661 | -€3,794 | -2.7% |
| Recurring financial income | 75 | €142,455 | €138,661 | -€3,794 | -2.7% |
| Financial charges | 65/66B | €192,735 | €111 | -€192,623 | -99.9% |
| Recurring financial charges | 65 | €192,735 | €111 | -€192,623 | -99.9% |
| Profit (loss) for the period before taxes | 9903 | €1,427,332 | -€156,984 | -€1.6m | |
| Income taxes | 67/77 | €402,973 | - | -€402,973 | |
| Profit (loss) for the period | 9904 | €1,024,359 | -€156,984 | -€1.2m | |
| Profit (loss) for the period to be appropriated | 9905 | €1,024,359 | -€156,984 | -€1.2m |
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 19 October 2026 via checked.be.