S & K TRAINING: 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 TRAINING
Largest movements
- Cash -€1,717
down €1,717 (-43.0%), from €3,992 to €2,275
mainly Net result for the year (-€856) and Receivables within one year (-€814)
- Receivables within one year +€814
up €814 (+104%), from €785 to €1,600
of which Trade receivables: +€1,189
- Tangible fixed assets -€380
down €380 (-30.6%), from €1,242 to €862
- Deferred charges and accrued income +€220
up €220 (+339%), from €65 to €285
- Profit (loss) carried forward -€856
down €856 (-31.0%), from -€2,762 to -€3,619
- Other debts -€250
down €250 (-85.5%), from €292 to €42
- Gross operating margin +€2,899
up €2,899, from -€2,409 to €489
- Other operating charges +€698
up €698 (+497%), from €141 to €839
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 | €6,084 | €5,021 | -€1,063 | -17.5% |
| Fixed assets | 21/28 | €1,242 | €862 | -€380 | -30.6% |
| Tangible fixed assets | 22/27 | €1,242 | €862 | -€380 | -30.6% |
| Plant, machinery and equipment | 23 | €1,242 | €862 | -€380 | -30.6% |
| Current assets | 29/58 | €4,842 | €4,159 | -€683 | -14.1% |
| Amounts receivable within one year | 40/41 | €785 | €1,600 | +€814 | +104% |
| Trade receivables | 40 | €410 | €1,600 | +€1,189 | +290% |
| Other amounts receivable | 41 | €375 | €0 | -€375 | -100% |
| Cash at bank and in hand | 54/58 | €3,992 | €2,275 | -€1,717 | -43.0% |
| Deferred charges and accrued income | 490/1 | €65 | €285 | +€220 | +339% |
| Total equity and liabilities | 10/49 | €6,084 | €5,021 | -€1,063 | -17.5% |
| Equity | 10/15 | €5,298 | €4,441 | -€856 | -16.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| 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 | -€2,762 | -€3,619 | -€856 | -31.0% |
| Amounts payable | 17/49 | €787 | €580 | -€207 | -26.3% |
| Amounts payable within one year | 42/48 | €787 | €580 | -€207 | -26.3% |
| Trade debts | 44 | €494 | €537 | +€43 | +8.7% |
| Suppliers | 440/4 | €494 | €537 | +€43 | +8.7% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €292 | €42 | -€250 | -85.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €380 | €380 | = | 0.0% |
| Other operating charges | 640/8 | €141 | €839 | +€698 | +497% |
| Gross operating margin | 9900 | -€2,409 | €489 | +€2,899 | |
| Operating profit (loss) | 9901 | -€2,930 | -€730 | +€2,200 | +75.1% |
| Financial income | 75/76B | €0 | €1 | +€1 | |
| Recurring financial income | 75 | €0 | €1 | +€1 | |
| Financial charges | 65/66B | €128 | €128 | = | 0.0% |
| Recurring financial charges | 65 | €128 | €128 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,057 | -€856 | +€2,201 | +72.0% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€3,057 | -€856 | +€2,201 | +72.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,057 | -€856 | +€2,201 | +72.0% |
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 18 October 2026 via checked.be.