SK&F: what changed
SK&F
Largest movements
- Receivables within one year +€26,502
new in 2025: €26,502
of which Trade receivables: +€24,557
- Cash -€1,291
down €1,291 (-30.7%), from €4,197 to €2,906
mainly Receivables within one year (-€26,502) and Net result for the year (-€3,264)
- Other debts +€24,151
up €24,151 (+325%), from €7,432 to €31,583
- Tax, wage and social debts +€6,443
up €6,443 (+201%), from €3,213 to €9,656
of which Remuneration and social security: +€8,947
- Profit (loss) carried forward -€3,264
down €3,264 (-34.1%), from -€9,566 to -€12,831
- Trade debts -€2,118
no longer reported in 2025 (was €2,118)
- Gross operating margin +€7,298
up €7,298 (+93.3%), from -€7,820 to -€521
- Other operating charges +€770
new in 2025: €770
- Staff costs +€124
new in 2025: €124
- Financial charges +€103
up €103 (+5.9%), from €1,747 to €1,849
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 | €4,197 | €29,409 | +€25,212 | +601% |
| Current assets | 29/58 | €4,197 | €29,409 | +€25,212 | +601% |
| Amounts receivable within one year | 40/41 | - | €26,502 | +€26,502 | |
| Trade receivables | 40 | - | €24,557 | +€24,557 | |
| Other amounts receivable | 41 | - | €1,945 | +€1,945 | |
| Cash at bank and in hand | 54/58 | €4,197 | €2,906 | -€1,291 | -30.7% |
| Total equity and liabilities | 10/49 | €4,197 | €29,409 | +€25,212 | +601% |
| Equity | 10/15 | -€8,566 | -€11,831 | -€3,264 | -38.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,566 | -€12,831 | -€3,264 | -34.1% |
| Amounts payable | 17/49 | €12,763 | €41,239 | +€28,476 | +223% |
| Amounts payable within one year | 42/48 | €12,763 | €41,239 | +€28,476 | +223% |
| Trade debts | 44 | €2,118 | - | -€2,118 | |
| Suppliers | 440/4 | €2,118 | - | -€2,118 | |
| Taxes, remuneration and social security | 45 | €3,213 | €9,656 | +€6,443 | +201% |
| Taxes | 450/3 | €3,213 | €709 | -€2,504 | -77.9% |
| Remuneration and social security | 454/9 | - | €8,947 | +€8,947 | |
| Other amounts payable | 47/48 | €7,432 | €31,583 | +€24,151 | +325% |
| Remuneration, social security and pensions | 62 | - | €124 | +€124 | |
| Other operating charges | 640/8 | - | €770 | +€770 | |
| Gross operating margin | 9900 | -€7,820 | -€521 | +€7,298 | +93.3% |
| Operating profit (loss) | 9901 | -€7,820 | -€1,415 | +€6,405 | +81.9% |
| Financial income | 75/76B | €0 | €0 | +€0 | +85.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +85.0% |
| Financial charges | 65/66B | €1,747 | €1,849 | +€103 | +5.9% |
| Recurring financial charges | 65 | €1,747 | €1,849 | +€103 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | -€9,566 | -€3,264 | +€6,302 | +65.9% |
| Profit (loss) for the period | 9904 | -€9,566 | -€3,264 | +€6,302 | +65.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,566 | -€3,264 | +€6,302 | +65.9% |
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.