S&K Brussels: 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 Brussels
Largest movements
- Cash +€5,833
up €5,833 (+201%), from €2,898 to €8,731
mainly Net result for the year (+€57,319) and Tax, wage and social debts (+€3,230)
- Profit (loss) carried forward +€57,319
up €57,319 (+66.3%), from -€86,506 to -€29,188
- Other debts -€53,096
down €53,096 (-54.1%), from €98,231 to €45,134
- Tax, wage and social debts +€3,230
new in 2025: €3,230
- Accrued charges and deferred income -€1,682
down €1,682 (-62.7%), from €2,682 to €1,000
- Gross operating margin +€43,795
up €43,795 (+310%), from €14,132 to €57,927
- Depreciation -€1,208
no longer reported in 2025 (was €1,208)
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 | €28,666 | €34,437 | +€5,770 | +20.1% |
| Current assets | 29/58 | €28,666 | €34,437 | +€5,770 | +20.1% |
| Amounts receivable within one year | 40/41 | €25,768 | €25,705 | -€62 | -0.2% |
| Trade receivables | 40 | €25,700 | €25,700 | = | 0.0% |
| Other amounts receivable | 41 | €68 | €5 | -€62 | -92.2% |
| Cash at bank and in hand | 54/58 | €2,898 | €8,731 | +€5,833 | +201% |
| Total equity and liabilities | 10/49 | €28,666 | €34,437 | +€5,770 | +20.1% |
| Equity | 10/15 | -€72,246 | -€14,928 | +€57,319 | +79.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Share premium | 1100/10 | €12,400 | - | -€12,400 | |
| Other | 1109/19 | - | €12,400 | +€12,400 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€86,506 | -€29,188 | +€57,319 | +66.3% |
| Amounts payable | 17/49 | €100,912 | €49,364 | -€51,548 | -51.1% |
| Amounts payable within one year | 42/48 | €98,231 | €48,364 | -€49,867 | -50.8% |
| Taxes, remuneration and social security | 45 | - | €3,230 | +€3,230 | |
| Taxes | 450/3 | - | €3,230 | +€3,230 | |
| Other amounts payable | 47/48 | €98,231 | €45,134 | -€53,096 | -54.1% |
| Accrued charges and deferred income | 492/3 | €2,682 | €1,000 | -€1,682 | -62.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,208 | - | -€1,208 | |
| Gross operating margin | 9900 | €14,132 | €57,927 | +€43,795 | +310% |
| Operating profit (loss) | 9901 | €12,924 | €57,927 | +€45,003 | +348% |
| Financial charges | 65/66B | €520 | €608 | +€88 | +16.8% |
| Recurring financial charges | 65 | €520 | €608 | +€88 | +16.8% |
| Profit (loss) for the period before taxes | 9903 | €12,404 | €57,319 | +€44,915 | +362% |
| Profit (loss) for the period | 9904 | €12,404 | €57,319 | +€44,915 | +362% |
| Profit (loss) for the period to be appropriated | 9905 | €12,404 | €57,319 | +€44,915 | +362% |
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 17 October 2026 via checked.be.