S&K Development: what changed
Two fiscal 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 Development
Largest movements
- Stocks and contracts -€160,600
down €160,600 (-100.0%), from €160,600 to €0
- Receivables within one year +€84,071
up €84,071 (+112.5%), from €74,737 to €158,808
of which Other amounts receivable: +€84,800
- Deferred charges and accrued income +€11,275
up €11,275, from €0 to €11,275
- Trade debts -€65,821
down €65,821 (-39.0%), from €168,811 to €102,990
- Accrued charges and deferred income -€6,258
down €6,258 (-69.9%), from €8,958 to €2,700
- Profit (loss) carried forward +€4,673
up €4,673 (+64.2%), from -€7,283 to -€2,610
- Debts after one year +€4,120
up €4,120 (+8.8%), from €47,011 to €51,131
- Gross operating margin -€127,680
down €127,680, from €123,112 to -€4,568
- Financial charges -€34,296
down €34,296 (-91.1%), from €37,662 to €3,366
- Financial income +€13,875
up €13,875, from €0 to €13,875
- Other operating charges -€2,762
down €2,762 (-68.5%), from €4,029 to €1,268
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 | €236,097 | €172,811 | -€63,285 | -26.8% |
| Current assets | 29/58 | €236,097 | €172,811 | -€63,285 | -26.8% |
| Stocks and contracts in progress | 3 | €160,600 | €0 | -€160,600 | -100.0% |
| Stocks | 30/36 | €160,600 | €0 | -€160,600 | -100.0% |
| Amounts receivable within one year | 40/41 | €74,737 | €158,808 | +€84,071 | +112.5% |
| Trade receivables | 40 | €729 | €0 | -€729 | -100.0% |
| Other amounts receivable | 41 | €74,008 | €158,808 | +€84,800 | +114.6% |
| Cash at bank and in hand | 54/58 | €759 | €2,728 | +€1,969 | +259.3% |
| Deferred charges and accrued income | 490/1 | €0 | €11,275 | +€11,275 | |
| Total equity and liabilities | 10/49 | €236,097 | €172,811 | -€63,285 | -26.8% |
| Equity | 10/15 | €11,317 | €15,990 | +€4,673 | +41.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,283 | -€2,610 | +€4,673 | +64.2% |
| Amounts payable | 17/49 | €224,780 | €156,822 | -€67,958 | -30.2% |
| Amounts payable after more than one year | 17 | €47,011 | €51,131 | +€4,120 | +8.8% |
| Financial debts | 170/4 | €47,011 | €51,131 | +€4,120 | +8.8% |
| Amounts payable within one year | 42/48 | €168,811 | €102,990 | -€65,821 | -39.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €168,811 | €102,990 | -€65,821 | -39.0% |
| Suppliers | 440/4 | €168,811 | €102,990 | -€65,821 | -39.0% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €8,958 | €2,700 | -€6,258 | -69.9% |
| Other operating charges | 640/8 | €4,029 | €1,268 | -€2,762 | -68.5% |
| Non-recurring operating charges | 66A | €1,240 | €0 | -€1,240 | -100.0% |
| Gross operating margin | 9900 | €123,112 | -€4,568 | -€127,680 | |
| Operating profit (loss) | 9901 | €117,842 | -€5,836 | -€123,678 | |
| Financial income | 75/76B | €0 | €13,875 | +€13,875 | |
| Recurring financial income | 75 | €0 | €13,875 | +€13,875 | |
| Financial charges | 65/66B | €37,662 | €3,366 | -€34,296 | -91.1% |
| Recurring financial charges | 65 | €37,662 | €3,366 | -€34,296 | -91.1% |
| Profit (loss) for the period before taxes | 9903 | €80,180 | €4,673 | -€75,508 | -94.2% |
| Profit (loss) for the period | 9904 | €80,180 | €4,673 | -€75,508 | -94.2% |
| Profit (loss) for the period to be appropriated | 9905 | €80,180 | €4,673 | -€75,508 | -94.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.