HS-Skills: 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.
HS-Skills
Largest movements
- Receivables within one year +€84,157
up €84,157 (+260%), from €32,333 to €116,490
of which Trade receivables: +€99,172
- Cash -€51,416
down €51,416 (-52.3%), from €98,357 to €46,941
mainly Receivables within one year (-€84,157) and Tax, wage and social debts (-€20,558)
- Tangible fixed assets +€3,335
up €3,335 (+243%), from €1,375 to €4,710
of which Furniture and vehicles: +€4,710
- Reserves +€130,305
new in 2025: €130,305
- Profit (loss) carried forward -€75,780
no longer reported in 2025 (was €75,780)
- Tax, wage and social debts -€20,558
down €20,558 (-43.2%), from €47,635 to €27,077
of which Taxes: -€21,085
- Short-term financial debts +€4,846
new in 2025: €4,846
- Trade debts -€2,537
down €2,537 (-57.7%), from €4,394 to €1,857
- Gross operating margin +€7,830
up €7,830 (+8.9%), from €88,185 to €96,015
- Taxes +€1,916
up €1,916 (+14.0%), from €13,652 to €15,568
- Staff costs +€1,623
up €1,623 (+7.4%), from €22,068 to €23,691
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 | €132,809 | €169,085 | +€36,276 | +27.3% |
| Fixed assets | 21/28 | €1,375 | €4,710 | +€3,335 | +243% |
| Tangible fixed assets | 22/27 | €1,375 | €4,710 | +€3,335 | +243% |
| Plant, machinery and equipment | 23 | €1,375 | - | -€1,375 | |
| Furniture and vehicles | 24 | - | €4,710 | +€4,710 | |
| Current assets | 29/58 | €131,434 | €164,375 | +€32,941 | +25.1% |
| Amounts receivable within one year | 40/41 | €32,333 | €116,490 | +€84,157 | +260% |
| Trade receivables | 40 | €14,814 | €113,986 | +€99,172 | +669% |
| Other amounts receivable | 41 | €17,519 | €2,504 | -€15,015 | -85.7% |
| Cash at bank and in hand | 54/58 | €98,357 | €46,941 | -€51,416 | -52.3% |
| Deferred charges and accrued income | 490/1 | €744 | €944 | +€200 | +26.9% |
| Total equity and liabilities | 10/49 | €132,809 | €169,085 | +€36,276 | +27.3% |
| Equity | 10/15 | €80,780 | €135,305 | +€54,524 | +67.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €130,305 | +€130,305 | |
| Distributable reserves | 133 | - | €130,305 | +€130,305 | |
| Profit (loss) carried forward | 14 | €75,780 | - | -€75,780 | |
| Amounts payable | 17/49 | €52,029 | €33,780 | -€18,249 | -35.1% |
| Amounts payable within one year | 42/48 | €52,029 | €33,780 | -€18,249 | -35.1% |
| Financial debts | 43 | - | €4,846 | +€4,846 | |
| Credit institutions | 430/8 | - | €4,846 | +€4,846 | |
| Trade debts | 44 | €4,394 | €1,857 | -€2,537 | -57.7% |
| Suppliers | 440/4 | €4,394 | €1,857 | -€2,537 | -57.7% |
| Taxes, remuneration and social security | 45 | €47,635 | €27,077 | -€20,558 | -43.2% |
| Taxes | 450/3 | €42,246 | €21,161 | -€21,085 | -49.9% |
| Remuneration and social security | 454/9 | €5,389 | €5,916 | +€527 | +9.8% |
| Remuneration, social security and pensions | 62 | €22,068 | €23,691 | +€1,623 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €455 | €1,277 | +€822 | +181% |
| Other operating charges | 640/8 | €671 | €830 | +€159 | +23.7% |
| Gross operating margin | 9900 | €88,185 | €96,015 | +€7,830 | +8.9% |
| Operating profit (loss) | 9901 | €64,991 | €70,217 | +€5,226 | +8.0% |
| Financial income | 75/76B | - | €287 | +€287 | |
| Recurring financial income | 75 | - | €287 | +€287 | |
| Financial charges | 65/66B | €56 | €412 | +€356 | +641% |
| Recurring financial charges | 65 | €56 | €412 | +€356 | +641% |
| Profit (loss) for the period before taxes | 9903 | €64,935 | €70,092 | +€5,157 | +7.9% |
| Income taxes | 67/77 | €13,652 | €15,568 | +€1,916 | +14.0% |
| Profit (loss) for the period | 9904 | €51,283 | €54,524 | +€3,241 | +6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €51,283 | €54,524 | +€3,241 | +6.3% |
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 21 October 2026 via checked.be.