SK BAAR: what changed
SK BAAR
Largest movements
- Tangible fixed assets +€5,820
up €5,820 (+68.8%), from €8,462 to €14,282
- Receivables within one year +€2,163
up €2,163 (+24.7%), from €8,770 to €10,934
of which Other amounts receivable: +€3,283
- Deferred charges and accrued income +€2,023
new in 2025: €2,023
- Cash -€548
down €548 (-48.7%), from €1,126 to €577
mainly Investment in fixed assets (net) (-€9,700) and Trade debts (-€8,553)
- Debts after one year +€19,400
new in 2025: €19,400
- Trade debts -€8,553
down €8,553 (-45.5%), from €18,818 to €10,264
- Tax, wage and social debts -€3,252
down €3,252 (-37.4%), from €8,697 to €5,445
of which Remuneration and social security: -€6,432
- Other debts +€1,337
new in 2025: €1,337
- Profit (loss) carried forward +€526
up €526 (+4.7%), from -€11,157 to -€10,631
- Gross operating margin +€14,230
up €14,230, from -€9,821 to €4,410
- Depreciation +€2,642
up €2,642 (+213%), from €1,238 to €3,880
- Other operating charges -€120
no longer reported in 2025 (was €120)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,358 | €27,816 | +€9,458 | +51.5% |
| Fixed assets | 21/28 | €8,462 | €14,282 | +€5,820 | +68.8% |
| Tangible fixed assets | 22/27 | €8,462 | €14,282 | +€5,820 | +68.8% |
| Furniture and vehicles | 24 | €8,462 | €14,282 | +€5,820 | +68.8% |
| Current assets | 29/58 | €9,896 | €13,534 | +€3,638 | +36.8% |
| Amounts receivable within one year | 40/41 | €8,770 | €10,934 | +€2,163 | +24.7% |
| Trade receivables | 40 | €8,618 | €7,499 | -€1,119 | -13.0% |
| Other amounts receivable | 41 | €152 | €3,435 | +€3,283 | +2,160% |
| Cash at bank and in hand | 54/58 | €1,126 | €577 | -€548 | -48.7% |
| Deferred charges and accrued income | 490/1 | - | €2,023 | +€2,023 | |
| Total equity and liabilities | 10/49 | €18,358 | €27,816 | +€9,458 | +51.5% |
| Equity | 10/15 | -€9,157 | -€8,631 | +€526 | +5.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,157 | -€10,631 | +€526 | +4.7% |
| Amounts payable | 17/49 | €27,515 | €36,447 | +€8,932 | +32.5% |
| Amounts payable after more than one year | 17 | - | €19,400 | +€19,400 | |
| Financial debts | 170/4 | - | €19,400 | +€19,400 | |
| Amounts payable within one year | 42/48 | €27,515 | €17,047 | -€10,468 | -38.0% |
| Trade debts | 44 | €18,818 | €10,264 | -€8,553 | -45.5% |
| Suppliers | 440/4 | €18,818 | €10,264 | -€8,553 | -45.5% |
| Taxes, remuneration and social security | 45 | €8,697 | €5,445 | -€3,252 | -37.4% |
| Taxes | 450/3 | €2,265 | €5,445 | +€3,181 | +140% |
| Remuneration and social security | 454/9 | €6,432 | - | -€6,432 | |
| Other amounts payable | 47/48 | - | €1,337 | +€1,337 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,238 | €3,880 | +€2,642 | +213% |
| Other operating charges | 640/8 | €120 | - | -€120 | |
| Gross operating margin | 9900 | -€9,821 | €4,410 | +€14,230 | |
| Operating profit (loss) | 9901 | -€11,179 | €530 | +€11,709 | |
| Financial income | 75/76B | €22 | - | -€22 | |
| Recurring financial income | 75 | €22 | - | -€22 | |
| Non-recurring financial income | 76B | €22 | - | -€22 | |
| Financial charges | 65/66B | - | €4 | +€4 | |
| Recurring financial charges | 65 | - | €4 | +€4 | |
| Non-recurring financial charges | 66B | - | €1 | +€1 | |
| Profit (loss) for the period before taxes | 9903 | -€11,157 | €526 | +€11,682 | |
| Profit (loss) for the period | 9904 | -€11,157 | €526 | +€11,682 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,157 | €526 | +€11,682 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.