S.KIN.NAT: 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.KIN.NAT
Largest movements
- Cash +€23,145
up €23,145 (+49.8%), from €46,497 to €69,642
mainly Depreciation (+€15,277) and Receivables within one year (+€11,709)
- Tangible fixed assets -€13,798
down €13,798 (-31.5%), from €43,794 to €29,996
of which Leasing and similar rights: -€8,320
- Receivables within one year -€11,709
down €11,709 (-16.9%), from €69,475 to €57,766
- Debts after one year -€9,150
down €9,150 (-45.8%), from €19,969 to €10,819
- Trade debts +€5,143
up €5,143 (+170%), from €3,022 to €8,165
- Gross operating margin -€3,457
down €3,457 (-14.4%), from €24,035 to €20,578
- Other operating charges -€2,326
down €2,326 (-66.4%), from €3,505 to €1,179
- Depreciation -€1,661
down €1,661 (-9.8%), from €16,938 to €15,277
- Financial income -€1,380
down €1,380 (-29.4%), from €4,686 to €3,306
- Financial charges +€1,187
up €1,187 (+28.1%), from €4,220 to €5,407
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 | €162,374 | €160,712 | -€1,662 | -1.0% |
| Fixed assets | 21/28 | €43,794 | €29,996 | -€13,798 | -31.5% |
| Tangible fixed assets | 22/27 | €43,794 | €29,996 | -€13,798 | -31.5% |
| Plant, machinery and equipment | 23 | €6,430 | €5,074 | -€1,356 | -21.1% |
| Furniture and vehicles | 24 | €2,196 | €249 | -€1,947 | -88.7% |
| Leasing and similar rights | 25 | €27,082 | €18,762 | -€8,320 | -30.7% |
| Other tangible fixed assets | 26 | €8,086 | €5,911 | -€2,175 | -26.9% |
| Current assets | 29/58 | €118,580 | €130,716 | +€12,136 | +10.2% |
| Amounts receivable within one year | 40/41 | €69,475 | €57,766 | -€11,709 | -16.9% |
| Other amounts receivable | 41 | €69,475 | €57,766 | -€11,709 | -16.9% |
| Cash at bank and in hand | 54/58 | €46,497 | €69,642 | +€23,145 | +49.8% |
| Deferred charges and accrued income | 490/1 | €2,608 | €3,308 | +€700 | +26.8% |
| Total equity and liabilities | 10/49 | €162,374 | €160,712 | -€1,662 | -1.0% |
| Equity | 10/15 | €131,032 | €132,428 | +€1,396 | +1.1% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €122,967 | €124,363 | +€1,396 | +1.1% |
| Amounts payable | 17/49 | €31,342 | €28,284 | -€3,058 | -9.8% |
| Amounts payable after more than one year | 17 | €19,969 | €10,819 | -€9,150 | -45.8% |
| Financial debts | 170/4 | €19,969 | €10,819 | -€9,150 | -45.8% |
| Amounts payable within one year | 42/48 | €11,223 | €17,315 | +€6,092 | +54.3% |
| Current portion of amounts payable after more than one year | 42 | €8,201 | €9,150 | +€949 | +11.6% |
| Trade debts | 44 | €3,022 | €8,165 | +€5,143 | +170% |
| Suppliers | 440/4 | €3,022 | €8,165 | +€5,143 | +170% |
| Accrued charges and deferred income | 492/3 | €150 | €150 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,938 | €15,277 | -€1,661 | -9.8% |
| Other operating charges | 640/8 | €3,505 | €1,179 | -€2,326 | -66.4% |
| Gross operating margin | 9900 | €24,035 | €20,578 | -€3,457 | -14.4% |
| Operating profit (loss) | 9901 | €3,592 | €4,122 | +€530 | +14.8% |
| Financial income | 75/76B | €4,686 | €3,306 | -€1,380 | -29.4% |
| Recurring financial income | 75 | €4,686 | €3,306 | -€1,380 | -29.4% |
| Financial charges | 65/66B | €4,220 | €5,407 | +€1,187 | +28.1% |
| Recurring financial charges | 65 | €4,220 | €5,407 | +€1,187 | +28.1% |
| Profit (loss) for the period before taxes | 9903 | €4,058 | €2,021 | -€2,037 | -50.2% |
| Income taxes | 67/77 | €796 | €625 | -€171 | -21.5% |
| Profit (loss) for the period | 9904 | €3,262 | €1,396 | -€1,866 | -57.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,262 | €1,396 | -€1,866 | -57.2% |
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 23 October 2026 via checked.be.