S.K.: 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.
S.K.
Largest movements
- Tangible fixed assets -€7,919
down €7,919 (-5.6%), from €142,385 to €134,466
of which Land and buildings: -€4,242
- Receivables within one year +€6,184
up €6,184 (+39.1%), from €15,825 to €22,009
of which Trade receivables: +€10,952
- Profit (loss) carried forward -€17,125
down €17,125 (-16.5%), from €104,056 to €86,931
- Other debts +€15,464
new in 2024: €15,464
- Trade debts -€5,003
no longer reported in 2024 (was €5,003)
- Tax, wage and social debts +€2,670
up €2,670 (+94.3%), from €2,832 to €5,502
of which Remuneration and social security: +€2,549
- Accrued charges and deferred income +€2,642
new in 2024: €2,642
- Turnover -€138,322
no longer reported in 2024 (was €138,322)
- Purchases and services -€130,277
no longer reported in 2024 (was €130,277)
- Other operating charges -€18,421
down €18,421 (-91.8%), from €20,058 to €1,637
- Staff costs -€5,152
down €5,152 (-22.9%), from €22,529 to €17,378
- Gross operating margin +€2,408
up €2,408 (+29.5%), from €8,171 to €10,580
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €178,153 | €176,800 | -€1,353 | -0.8% |
| Fixed assets | 21/28 | €142,501 | €134,582 | -€7,919 | -5.6% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €142,385 | €134,466 | -€7,919 | -5.6% |
| Land and buildings | 22 | €137,315 | €133,073 | -€4,242 | -3.1% |
| Plant, machinery and equipment | 23 | €1,298 | €828 | -€470 | -36.2% |
| Furniture and vehicles | 24 | €3,772 | €566 | -€3,206 | -85.0% |
| Financial fixed assets | 28 | €116 | €116 | = | 0.0% |
| Current assets | 29/58 | €35,653 | €42,218 | +€6,566 | +18.4% |
| Stocks and contracts in progress | 3 | €987 | €1,369 | +€381 | +38.6% |
| Stocks | 30/36 | €987 | €1,369 | +€381 | +38.6% |
| Amounts receivable within one year | 40/41 | €15,825 | €22,009 | +€6,184 | +39.1% |
| Trade receivables | 40 | €9,656 | €20,608 | +€10,952 | +113.4% |
| Other amounts receivable | 41 | €6,169 | €1,401 | -€4,768 | -77.3% |
| Cash at bank and in hand | 54/58 | €18,673 | €18,841 | +€168 | +0.9% |
| Deferred charges and accrued income | 490/1 | €168 | - | -€168 | |
| Total equity and liabilities | 10/49 | €178,153 | €176,800 | -€1,353 | -0.8% |
| Equity | 10/15 | €170,318 | €153,193 | -€17,125 | -10.1% |
| Contributions | 10/11 | €38,688 | €38,688 | = | 0.0% |
| Reserves | 13 | €27,574 | €27,574 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,869 | €3,869 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,869 | €3,869 | = | 0.0% |
| Distributable reserves | 133 | €23,705 | €23,705 | = | 0.0% |
| Profit (loss) carried forward | 14 | €104,056 | €86,931 | -€17,125 | -16.5% |
| Amounts payable | 17/49 | €7,835 | €23,607 | +€15,772 | +201.3% |
| Amounts payable within one year | 42/48 | €7,835 | €20,966 | +€13,131 | +167.6% |
| Trade debts | 44 | €5,003 | - | -€5,003 | |
| Suppliers | 440/4 | €5,003 | €0 | -€5,003 | -100.0% |
| Taxes, remuneration and social security | 45 | €2,832 | €5,502 | +€2,670 | +94.3% |
| Taxes | 450/3 | €0 | €122 | +€122 | |
| Remuneration and social security | 454/9 | €2,832 | €5,380 | +€2,549 | +90.0% |
| Other amounts payable | 47/48 | - | €15,464 | +€15,464 | |
| Accrued charges and deferred income | 492/3 | - | €2,642 | +€2,642 | |
| Turnover | 70 | €138,322 | - | -€138,322 | |
| Goods, raw materials, services and sundry goods | 60/61 | €130,277 | - | -€130,277 | |
| Remuneration, social security and pensions | 62 | €22,529 | €17,378 | -€5,152 | -22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,192 | €7,919 | -€2,274 | -22.3% |
| Other operating charges | 640/8 | €20,058 | €1,637 | -€18,421 | -91.8% |
| Non-recurring operating charges | 66A | - | €317 | +€317 | |
| Gross operating margin | 9900 | €8,171 | €10,580 | +€2,408 | +29.5% |
| Operating profit (loss) | 9901 | -€44,608 | -€16,671 | +€27,938 | +62.6% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €606 | €454 | -€152 | -25.0% |
| Recurring financial charges | 65 | €606 | €454 | -€152 | -25.0% |
| Profit (loss) for the period before taxes | 9903 | -€45,210 | -€17,125 | +€28,085 | +62.1% |
| Profit (loss) for the period | 9904 | -€45,210 | -€17,125 | +€28,085 | +62.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€45,210 | -€17,125 | +€28,085 | +62.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.