ConnectedSkills: 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.
ConnectedSkills
Largest movements
- Cash +€13,085
up €13,085 (+21.6%), from €60,653 to €73,738
mainly Net result for the year (+€34,939) and Other debts (+€4,829)
- Receivables within one year +€5,655
up €5,655 (+111%), from €5,116 to €10,771
of which Trade receivables: +€9,719
- Deferred charges and accrued income +€3,500
new in 2025: €3,500
- Tangible fixed assets -€1,972
down €1,972 (-27.1%), from €7,288 to €5,316
of which Plant, machinery and equipment: -€1,826
- Reserves +€24,421
up €24,421 (+50.8%), from €48,032 to €72,453
- Tax, wage and social debts -€10,414
down €10,414 (-87.7%), from €11,868 to €1,454
of which Taxes: -€7,427
- Other debts +€4,829
up €4,829 (+2,278%), from €212 to €5,041
- Trade debts +€1,432
up €1,432 (+289%), from €495 to €1,927
- Gross operating margin +€47,480
up €47,480 (+1,196%), from €3,971 to €51,451
- Taxes +€10,421
up €10,421 (+6,203%), from €168 to €10,589
- Depreciation -€1,862
down €1,862 (-28.0%), from €6,643 to €4,781
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 | €73,057 | €93,325 | +€20,268 | +27.7% |
| Fixed assets | 21/28 | €7,288 | €5,316 | -€1,972 | -27.1% |
| Tangible fixed assets | 22/27 | €7,288 | €5,316 | -€1,972 | -27.1% |
| Plant, machinery and equipment | 23 | €6,903 | €5,077 | -€1,826 | -26.5% |
| Furniture and vehicles | 24 | €385 | €239 | -€146 | -37.9% |
| Current assets | 29/58 | €65,769 | €88,009 | +€22,240 | +33.8% |
| Amounts receivable within one year | 40/41 | €5,116 | €10,771 | +€5,655 | +111% |
| Trade receivables | 40 | - | €9,719 | +€9,719 | |
| Other amounts receivable | 41 | €5,116 | €1,052 | -€4,064 | -79.4% |
| Cash at bank and in hand | 54/58 | €60,653 | €73,738 | +€13,085 | +21.6% |
| Deferred charges and accrued income | 490/1 | - | €3,500 | +€3,500 | |
| Total equity and liabilities | 10/49 | €73,057 | €93,325 | +€20,268 | +27.7% |
| Equity | 10/15 | €60,482 | €84,903 | +€24,421 | +40.4% |
| Contributions | 10/11 | €12,450 | €12,450 | = | 0.0% |
| Capital | 10 | €12,450 | €12,450 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,150 | €6,150 | = | 0.0% |
| Reserves | 13 | €48,032 | €72,453 | +€24,421 | +50.8% |
| Distributable reserves | 133 | €48,032 | €72,453 | +€24,421 | +50.8% |
| Amounts payable | 17/49 | €12,575 | €8,422 | -€4,153 | -33.0% |
| Amounts payable within one year | 42/48 | €12,575 | €8,422 | -€4,153 | -33.0% |
| Trade debts | 44 | €495 | €1,927 | +€1,432 | +289% |
| Suppliers | 440/4 | €495 | €1,927 | +€1,432 | +289% |
| Taxes, remuneration and social security | 45 | €11,868 | €1,454 | -€10,414 | -87.7% |
| Taxes | 450/3 | €8,881 | €1,454 | -€7,427 | -83.6% |
| Remuneration and social security | 454/9 | €2,987 | - | -€2,987 | |
| Other amounts payable | 47/48 | €212 | €5,041 | +€4,829 | +2,278% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,643 | €4,781 | -€1,862 | -28.0% |
| Other operating charges | 640/8 | €1,668 | €1,404 | -€264 | -15.8% |
| Gross operating margin | 9900 | €3,971 | €51,451 | +€47,480 | +1,196% |
| Operating profit (loss) | 9901 | -€4,340 | €45,266 | +€49,606 | |
| Financial income | 75/76B | €81 | €387 | +€306 | +378% |
| Recurring financial income | 75 | €81 | €387 | +€306 | +378% |
| Financial charges | 65/66B | €96 | €125 | +€29 | +30.2% |
| Recurring financial charges | 65 | €96 | €125 | +€29 | +30.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,355 | €45,528 | +€49,883 | |
| Income taxes | 67/77 | €168 | €10,589 | +€10,421 | +6,203% |
| Profit (loss) for the period | 9904 | -€4,523 | €34,939 | +€39,462 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,523 | €34,939 | +€39,462 |
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.