SK ENTERPRISE: 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.
SK ENTERPRISE
Largest movements
- Receivables within one year +€9,122
new in 2025: €9,122
- Cash -€3,536
down €3,536 (-31.7%), from €11,152 to €7,615
mainly Receivables within one year (-€9,122) and Tax, wage and social debts (-€2,691)
- Tangible fixed assets -€1,387
down €1,387 (-25.4%), from €5,451 to €4,064
of which Plant, machinery and equipment: -€1,200
- Intangible fixed assets -€667
down €667 (-12.2%), from €5,447 to €4,780
- Profit (loss) carried forward +€6,875
up €6,875, from -€3,321 to €3,554
- Tax, wage and social debts -€2,691
down €2,691 (-59.7%), from €4,510 to €1,819
of which Remuneration and social security: -€1,877
- Trade debts -€652
down €652 (-28.9%), from €2,260 to €1,608
- Purchases and services +€36,782
up €36,782 (+49.4%), from €74,404 to €111,186
- Turnover +€25,558
up €25,558 (+26.1%), from €98,017 to €123,575
- Gross operating margin -€11,496
down €11,496 (-48.1%), from €23,884 to €12,389
- Staff costs -€4,622
down €4,622 (-69.1%), from €6,692 to €2,070
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 | €22,049 | €25,582 | +€3,532 | +16.0% |
| Fixed assets | 21/28 | €10,897 | €8,844 | -€2,054 | -18.8% |
| Intangible fixed assets | 21 | €5,447 | €4,780 | -€667 | -12.2% |
| Tangible fixed assets | 22/27 | €5,451 | €4,064 | -€1,387 | -25.4% |
| Plant, machinery and equipment | 23 | €4,911 | €3,711 | -€1,200 | -24.4% |
| Furniture and vehicles | 24 | €540 | €353 | -€187 | -34.6% |
| Current assets | 29/58 | €11,152 | €16,738 | +€5,586 | +50.1% |
| Amounts receivable within one year | 40/41 | - | €9,122 | +€9,122 | |
| Trade receivables | 40 | - | €9,122 | +€9,122 | |
| Cash at bank and in hand | 54/58 | €11,152 | €7,615 | -€3,536 | -31.7% |
| Total equity and liabilities | 10/49 | €22,049 | €25,582 | +€3,532 | +16.0% |
| Equity | 10/15 | €15,279 | €22,154 | +€6,875 | +45.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,321 | €3,554 | +€6,875 | |
| Amounts payable | 17/49 | €6,770 | €3,427 | -€3,343 | -49.4% |
| Amounts payable within one year | 42/48 | €6,770 | €3,427 | -€3,343 | -49.4% |
| Trade debts | 44 | €2,260 | €1,608 | -€652 | -28.9% |
| Suppliers | 440/4 | €2,260 | €1,608 | -€652 | -28.9% |
| Taxes, remuneration and social security | 45 | €4,510 | €1,819 | -€2,691 | -59.7% |
| Taxes | 450/3 | €2,375 | €1,561 | -€814 | -34.3% |
| Remuneration and social security | 454/9 | €2,135 | €258 | -€1,877 | -87.9% |
| Turnover | 70 | €98,017 | €123,575 | +€25,558 | +26.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €74,404 | €111,186 | +€36,782 | +49.4% |
| Remuneration, social security and pensions | 62 | €6,692 | €2,070 | -€4,622 | -69.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,638 | €2,054 | +€415 | +25.3% |
| Other operating charges | 640/8 | €686 | €808 | +€122 | +17.8% |
| Gross operating margin | 9900 | €23,884 | €12,389 | -€11,496 | -48.1% |
| Operating profit (loss) | 9901 | €14,868 | €7,457 | -€7,411 | -49.8% |
| Financial income | 75/76B | €4 | €0 | -€3 | -98.9% |
| Recurring financial income | 75 | €4 | €0 | -€3 | -98.9% |
| Financial charges | 65/66B | €119 | €119 | = | 0.0% |
| Recurring financial charges | 65 | €119 | €119 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €14,752 | €7,338 | -€7,414 | -50.3% |
| Income taxes | 67/77 | - | €463 | +€463 | |
| Profit (loss) for the period | 9904 | €14,752 | €6,875 | -€7,877 | -53.4% |
| Profit (loss) for the period to be appropriated | 9905 | €14,752 | €6,875 | -€7,877 | -53.4% |
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 27 October 2026 via checked.be.