SCALE UP: 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.
SCALE UP
Largest movements
- Financial fixed assets -€80,000
down €80,000 (-1.9%), from €4.2m to €4.1m
- Cash +€48,919
up €48,919 (+15.5%), from €316,301 to €365,219
mainly Investment in fixed assets (net) (+€80,000) and Trade debts (+€6,299)
No liability line moved by more than 1% of the balance sheet total.
- Financial charges -€1.1m
down €1.1m (-100.0%), from €1.1m to €335
of which Non-recurring financial charges: -€1.1m
- Gross operating margin +€94,955
up €94,955 (+82.1%), from -€115,639 to -€20,684
- Financial income -€2,505
down €2,505 (-48.9%), from €5,123 to €2,618
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 | €4,552,631 | €4,539,447 | -€13,185 | -0.3% |
| Fixed assets | 21/28 | €4,165,788 | €4,085,788 | -€80,000 | -1.9% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Financial fixed assets | 28 | €4,165,788 | €4,085,788 | -€80,000 | -1.9% |
| Current assets | 29/58 | €386,843 | €453,658 | +€66,815 | +17.3% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €70,542 | €87,401 | +€16,859 | +23.9% |
| Trade receivables | 40 | €17,305 | €10,835 | -€6,470 | -37.4% |
| Other amounts receivable | 41 | €53,237 | €76,565 | +€23,329 | +43.8% |
| Cash at bank and in hand | 54/58 | €316,301 | €365,219 | +€48,919 | +15.5% |
| Deferred charges and accrued income | 490/1 | €0 | €1,038 | +€1,038 | |
| Total equity and liabilities | 10/49 | €4,552,631 | €4,539,447 | -€13,185 | -0.3% |
| Equity | 10/15 | €4,534,649 | €4,515,150 | -€19,499 | -0.4% |
| Contributions | 10/11 | €6,347,667 | €6,347,667 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,819,218 | -€1,838,717 | -€19,499 | -1.1% |
| Amounts payable | 17/49 | €17,982 | €24,297 | +€6,314 | +35.1% |
| Amounts payable within one year | 42/48 | €17,982 | €24,297 | +€6,314 | +35.1% |
| Trade debts | 44 | €17,871 | €24,171 | +€6,299 | +35.2% |
| Suppliers | 440/4 | €17,871 | €24,171 | +€6,299 | +35.2% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €111 | €126 | +€15 | +13.2% |
| Other operating charges | 640/8 | €968 | €1,098 | +€130 | +13.5% |
| Gross operating margin | 9900 | -€115,639 | -€20,684 | +€94,955 | +82.1% |
| Operating profit (loss) | 9901 | -€116,606 | -€21,782 | +€94,825 | +81.3% |
| Financial income | 75/76B | €5,123 | €2,618 | -€2,505 | -48.9% |
| Recurring financial income | 75 | €5,123 | €2,618 | -€2,505 | -48.9% |
| Financial charges | 65/66B | €1,086,194 | €335 | -€1.1m | -100.0% |
| Recurring financial charges | 65 | €194 | €335 | +€141 | +72.4% |
| Non-recurring financial charges | 66B | €1,086,000 | €0 | -€1.1m | -100% |
| Profit (loss) for the period before taxes | 9903 | -€1,197,678 | -€19,499 | +€1.2m | +98.4% |
| Income taxes | 67/77 | - | €0 | = | |
| Profit (loss) for the period | 9904 | -€1,197,678 | -€19,499 | +€1.2m | +98.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,197,678 | -€19,499 | +€1.2m | +98.4% |
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 29 October 2026 via checked.be.