M-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.
M-SKILLS
Largest movements
- Receivables within one year +€4,911
up €4,911 (+2.8%), from €176,573 to €181,484
of which Other amounts receivable: +€5,499
- Profit (loss) carried forward +€3,286
up €3,286 (+4.9%), from -€66,784 to -€63,498
- Financial income +€1,487
up €1,487 (+39.2%), from €3,793 to €5,280
- Gross operating margin -€899
down €899 (-86.3%), from -€1,042 to -€1,941
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 | €183,512 | €188,261 | +€4,749 | +2.6% |
| Current assets | 29/58 | €183,512 | €188,261 | +€4,749 | +2.6% |
| Amounts receivable within one year | 40/41 | €176,573 | €181,484 | +€4,911 | +2.8% |
| Trade receivables | 40 | €588 | - | -€588 | |
| Other amounts receivable | 41 | €175,985 | €181,484 | +€5,499 | +3.1% |
| Cash at bank and in hand | 54/58 | €6,939 | €6,777 | -€162 | -2.3% |
| Total equity and liabilities | 10/49 | €183,512 | €188,261 | +€4,749 | +2.6% |
| Equity | 10/15 | €183,216 | €186,502 | +€3,286 | +1.8% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Uncalled capital | 101 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€66,784 | -€63,498 | +€3,286 | +4.9% |
| Amounts payable | 17/49 | €296 | €1,759 | +€1,463 | +494% |
| Amounts payable within one year | 42/48 | €296 | €1,759 | +€1,463 | +494% |
| Trade debts | 44 | €296 | €1,759 | +€1,463 | +494% |
| Suppliers | 440/4 | €296 | €1,759 | +€1,463 | +494% |
| Gross operating margin | 9900 | -€1,042 | -€1,941 | -€899 | -86.3% |
| Operating profit (loss) | 9901 | -€1,042 | -€1,941 | -€899 | -86.3% |
| Financial income | 75/76B | €3,793 | €5,280 | +€1,487 | +39.2% |
| Recurring financial income | 75 | €3,793 | €5,280 | +€1,487 | +39.2% |
| Financial charges | 65/66B | €51 | €53 | +€1 | +2.9% |
| Recurring financial charges | 65 | €51 | €53 | +€1 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | €2,700 | €3,286 | +€586 | +21.7% |
| Profit (loss) for the period | 9904 | €2,700 | €3,286 | +€586 | +21.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,700 | €3,286 | +€586 | +21.7% |
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 22 October 2026 via checked.be.