SK.INFI: 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.INFI
Largest movements
- Receivables within one year -€70,132
down €70,132 (-57.7%), from €121,627 to €51,494
of which Other amounts receivable: -€70,524
- Tangible fixed assets +€13,602
up €13,602 (+1,683%), from €808 to €14,411
of which Furniture and vehicles: +€13,695
- Cash +€2,064
up €2,064 (+6.9%), from €29,847 to €31,912
mainly Receivables within one year (+€70,132) and Net result for the year (+€50,256)
- Other debts -€91,141
down €91,141 (-83.8%), from €108,822 to €17,681
- Profit (loss) carried forward +€32,574
new in 2025: €32,574
- Trade debts +€6,201
up €6,201 (+85.6%), from €7,245 to €13,446
- Tax, wage and social debts -€1,998
down €1,998 (-11.4%), from €17,545 to €15,547
of which Taxes: -€11,284
- Staff costs +€59,867
up €59,867 (+1,495%), from €4,005 to €63,872
- Gross operating margin +€59,774
up €59,774 (+82.4%), from €72,545 to €132,318
- Depreciation +€1,922
up €1,922 (+119%), from €1,613 to €3,535
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 | €153,739 | €99,375 | -€54,364 | -35.4% |
| Fixed assets | 21/28 | €2,265 | €15,689 | +€13,423 | +593% |
| Intangible fixed assets | 21 | €1,457 | €1,278 | -€179 | -12.3% |
| Tangible fixed assets | 22/27 | €808 | €14,411 | +€13,602 | +1,683% |
| Plant, machinery and equipment | 23 | €277 | €184 | -€93 | -33.5% |
| Furniture and vehicles | 24 | €531 | €14,227 | +€13,695 | +2,577% |
| Current assets | 29/58 | €151,474 | €83,687 | -€67,787 | -44.8% |
| Amounts receivable within one year | 40/41 | €121,627 | €51,494 | -€70,132 | -57.7% |
| Trade receivables | 40 | €34,569 | €34,960 | +€392 | +1.1% |
| Other amounts receivable | 41 | €87,058 | €16,534 | -€70,524 | -81.0% |
| Cash at bank and in hand | 54/58 | €29,847 | €31,912 | +€2,064 | +6.9% |
| Deferred charges and accrued income | 490/1 | - | €281 | +€281 | |
| Total equity and liabilities | 10/49 | €153,739 | €99,375 | -€54,364 | -35.4% |
| Equity | 10/15 | €20,127 | €52,701 | +€32,574 | +162% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €15,127 | €15,127 | = | 0.0% |
| Distributable reserves | 133 | €15,127 | €15,127 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €32,574 | +€32,574 | |
| Amounts payable | 17/49 | €133,612 | €46,674 | -€86,939 | -65.1% |
| Amounts payable within one year | 42/48 | €133,612 | €46,674 | -€86,939 | -65.1% |
| Trade debts | 44 | €7,245 | €13,446 | +€6,201 | +85.6% |
| Suppliers | 440/4 | €7,245 | €13,446 | +€6,201 | +85.6% |
| Taxes, remuneration and social security | 45 | €17,545 | €15,547 | -€1,998 | -11.4% |
| Taxes | 450/3 | €13,852 | €2,567 | -€11,284 | -81.5% |
| Remuneration and social security | 454/9 | €3,693 | €12,979 | +€9,286 | +251% |
| Other amounts payable | 47/48 | €108,822 | €17,681 | -€91,141 | -83.8% |
| Remuneration, social security and pensions | 62 | €4,005 | €63,872 | +€59,867 | +1,495% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,613 | €3,535 | +€1,922 | +119% |
| Other operating charges | 640/8 | €267 | €1,056 | +€789 | +296% |
| Gross operating margin | 9900 | €72,545 | €132,318 | +€59,774 | +82.4% |
| Operating profit (loss) | 9901 | €66,660 | €63,856 | -€2,804 | -4.2% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €134 | €105 | -€29 | -21.9% |
| Recurring financial charges | 65 | €134 | €105 | -€29 | -21.9% |
| Profit (loss) for the period before taxes | 9903 | €66,526 | €63,751 | -€2,775 | -4.2% |
| Income taxes | 67/77 | €13,454 | €13,495 | +€41 | +0.3% |
| Profit (loss) for the period | 9904 | €53,072 | €50,256 | -€2,816 | -5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €53,072 | €50,256 | -€2,816 | -5.3% |
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.