SK Management Services: 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 Management Services
Largest movements
- Cash -€95,800
down €95,800 (-56.8%), from €168,700 to €72,900
mainly Contributions, distributions and other (-€215,000) and Tax, wage and social debts (-€14,034)
- Receivables within one year +€2,816
up €2,816 (+22.8%), from €12,350 to €15,166
of which Trade receivables: +€1,625
- Profit (loss) carried forward -€142,969
down €142,969 (-95.1%), from €150,365 to €7,396
- Other debts +€65,000
up €65,000 (+6,868%), from €946 to €65,946
- Tax, wage and social debts -€14,034
down €14,034 (-59.6%), from €23,559 to €9,525
of which Taxes: -€15,028
- Gross operating margin +€7,021
up €7,021 (+8.8%), from €80,103 to €87,125
- Financial income +€3,944
up €3,944 (+13,145,200%), from €0 to €3,944
- Taxes +€2,250
up €2,250 (+14.3%), from €15,758 to €18,008
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 | €181,375 | €88,310 | -€93,065 | -51.3% |
| Fixed assets | 21/28 | €290 | €0 | -€290 | -100% |
| Tangible fixed assets | 22/27 | €290 | €0 | -€290 | -100% |
| Furniture and vehicles | 24 | €290 | €0 | -€290 | -100% |
| Current assets | 29/58 | €181,085 | €88,310 | -€92,775 | -51.2% |
| Amounts receivable within one year | 40/41 | €12,350 | €15,166 | +€2,816 | +22.8% |
| Trade receivables | 40 | €12,350 | €13,975 | +€1,625 | +13.2% |
| Other amounts receivable | 41 | - | €1,191 | +€1,191 | |
| Cash at bank and in hand | 54/58 | €168,700 | €72,900 | -€95,800 | -56.8% |
| Deferred charges and accrued income | 490/1 | €35 | €244 | +€209 | +597% |
| Total equity and liabilities | 10/49 | €181,375 | €88,310 | -€93,065 | -51.3% |
| Equity | 10/15 | €155,365 | €12,396 | -€142,969 | -92.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €150,365 | €7,396 | -€142,969 | -95.1% |
| Amounts payable | 17/49 | €26,010 | €75,914 | +€49,904 | +192% |
| Amounts payable within one year | 42/48 | €26,010 | €75,914 | +€49,904 | +192% |
| Trade debts | 44 | €1,504 | €442 | -€1,062 | -70.6% |
| Suppliers | 440/4 | €1,504 | €442 | -€1,062 | -70.6% |
| Taxes, remuneration and social security | 45 | €23,559 | €9,525 | -€14,034 | -59.6% |
| Taxes | 450/3 | €23,551 | €8,522 | -€15,028 | -63.8% |
| Remuneration and social security | 454/9 | €9 | €1,003 | +€994 | +11,442% |
| Other amounts payable | 47/48 | €946 | €65,946 | +€65,000 | +6,868% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €829 | €290 | -€539 | -65.0% |
| Other operating charges | 640/8 | €433 | €674 | +€241 | +55.6% |
| Gross operating margin | 9900 | €80,103 | €87,125 | +€7,021 | +8.8% |
| Operating profit (loss) | 9901 | €78,841 | €86,160 | +€7,319 | +9.3% |
| Financial income | 75/76B | €0 | €3,944 | +€3,944 | +13,145,200% |
| Recurring financial income | 75 | €0 | €3,944 | +€3,944 | +13,145,200% |
| Financial charges | 65/66B | €51 | €64 | +€13 | +26.3% |
| Recurring financial charges | 65 | €51 | €64 | +€13 | +26.3% |
| Profit (loss) for the period before taxes | 9903 | €78,790 | €90,039 | +€11,249 | +14.3% |
| Income taxes | 67/77 | €15,758 | €18,008 | +€2,250 | +14.3% |
| Profit (loss) for the period | 9904 | €63,032 | €72,031 | +€8,999 | +14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €63,032 | €72,031 | +€8,999 | +14.3% |
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 21 October 2026 via checked.be.