Sk'iT: what changed
Two fiscal 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'iT
Largest movements
- Receivables within one year -€8,584
down €8,584 (-49.5%), from €17,357 to €8,773
of which Trade receivables: -€8,742
- Cash +€6,482
up €6,482 (+50.6%), from €12,823 to €19,306
mainly Receivables within one year (+€8,584) and Depreciation (+€6,678)
- Intangible fixed assets -€6,000
down €6,000 (-12.9%), from €46,504 to €40,504
- Deferred charges and accrued income -€1,165
down €1,165 (-100.0%), from €1,165 to €0
- Profit (loss) carried forward -€10,096
down €10,096 (-45.4%), from -€22,244 to -€32,340
- Gross operating margin -€8,573
down €8,573, from €5,782 to -€2,790
- Depreciation +€123
up €123 (+1.9%), from €6,555 to €6,678
- Other operating charges +€110
up €110 (+26.6%), from €412 to €522
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.
Cash bridge derived
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 | €79,756 | €69,810 | -€9,945 | -12.5% |
| Formation expenses | 20 | €1,865 | €1,187 | -€678 | -36.4% |
| Fixed assets | 21/28 | €46,544 | €40,544 | -€6,000 | -12.9% |
| Intangible fixed assets | 21 | €46,504 | €40,504 | -€6,000 | -12.9% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €31,346 | €28,079 | -€3,267 | -10.4% |
| Amounts receivable within one year | 40/41 | €17,357 | €8,773 | -€8,584 | -49.5% |
| Trade receivables | 40 | €17,357 | €8,615 | -€8,742 | -50.4% |
| Other amounts receivable | 41 | €1 | €158 | +€158 | +18750.0% |
| Cash at bank and in hand | 54/58 | €12,823 | €19,306 | +€6,482 | +50.6% |
| Deferred charges and accrued income | 490/1 | €1,165 | €0 | -€1,165 | -100.0% |
| Total equity and liabilities | 10/49 | €79,756 | €69,810 | -€9,945 | -12.5% |
| Equity | 10/15 | €77,756 | €67,660 | -€10,096 | -13.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,244 | -€32,340 | -€10,096 | -45.4% |
| Amounts payable | 17/49 | €2,000 | €2,150 | +€151 | +7.5% |
| Amounts payable within one year | 42/48 | €2,000 | €2,150 | +€151 | +7.5% |
| Trade debts | 44 | €1,244 | €1,290 | +€47 | +3.7% |
| Suppliers | 440/4 | €1,244 | €1,290 | +€47 | +3.7% |
| Advances received on contracts in progress | 46 | €484 | €484 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €272 | €376 | +€104 | +38.2% |
| Taxes | 450/3 | €272 | €376 | +€104 | +38.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,555 | €6,678 | +€123 | +1.9% |
| Other operating charges | 640/8 | €412 | €522 | +€110 | +26.6% |
| Gross operating margin | 9900 | €5,782 | -€2,790 | -€8,573 | |
| Operating profit (loss) | 9901 | -€1,185 | -€9,990 | -€8,806 | -743.3% |
| Financial charges | 65/66B | €120 | €106 | -€14 | -11.7% |
| Recurring financial charges | 65 | €120 | €106 | -€14 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,304 | -€10,096 | -€8,792 | -674.1% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€1,304 | -€10,096 | -€8,792 | -674.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,304 | -€10,096 | -€8,792 | -674.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.