SK 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 SERVICES
Largest movements
- Receivables within one year -€19,103
down €19,103 (-99.4%), from €19,220 to €117
of which Trade receivables: -€17,924
- Tangible fixed assets -€9,813
down €9,813 (-37.5%), from €26,195 to €16,382
of which Plant, machinery and equipment: -€6,586
- Debts after one year -€26,419
down €26,419 (-18.6%), from €142,296 to €115,876
- Tax, wage and social debts -€21,283
down €21,283 (-86.9%), from €24,502 to €3,218
- Reserves +€16,900
up €16,900 (+27.0%), from €62,700 to €79,600
- Gross operating margin -€8,630
down €8,630 (-19.5%), from €44,331 to €35,701
- Taxes -€2,871
down €2,871 (-25.9%), from €11,089 to €8,218
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 | €248,793 | €217,214 | -€31,579 | -12.7% |
| Fixed assets | 21/28 | €226,195 | €216,382 | -€9,813 | -4.3% |
| Tangible fixed assets | 22/27 | €26,195 | €16,382 | -€9,813 | -37.5% |
| Plant, machinery and equipment | 23 | €18,180 | €11,594 | -€6,586 | -36.2% |
| Furniture and vehicles | 24 | €8,015 | €4,788 | -€3,227 | -40.3% |
| Financial fixed assets | 28 | €200,000 | €200,000 | = | 0.0% |
| Current assets | 29/58 | €22,599 | €832 | -€21,766 | -96.3% |
| Amounts receivable within one year | 40/41 | €19,220 | €117 | -€19,103 | -99.4% |
| Trade receivables | 40 | €17,924 | - | -€17,924 | |
| Other amounts receivable | 41 | €1,297 | €117 | -€1,180 | -91.0% |
| Cash at bank and in hand | 54/58 | €1,214 | €716 | -€498 | -41.0% |
| Deferred charges and accrued income | 490/1 | €2,165 | - | -€2,165 | |
| Total equity and liabilities | 10/49 | €248,793 | €217,214 | -€31,579 | -12.7% |
| Equity | 10/15 | €73,043 | €90,024 | +€16,982 | +23.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €62,700 | €79,600 | +€16,900 | +27.0% |
| Distributable reserves | 133 | €62,700 | €79,600 | +€16,900 | +27.0% |
| Profit (loss) carried forward | 14 | €5,343 | €5,424 | +€82 | +1.5% |
| Amounts payable | 17/49 | €175,751 | €127,190 | -€48,561 | -27.6% |
| Amounts payable after more than one year | 17 | €142,296 | €115,876 | -€26,419 | -18.6% |
| Financial debts | 170/4 | €142,296 | €115,876 | -€26,419 | -18.6% |
| Amounts payable within one year | 42/48 | €33,455 | €11,314 | -€22,141 | -66.2% |
| Trade debts | 44 | €2,748 | €645 | -€2,103 | -76.5% |
| Suppliers | 440/4 | €2,748 | €645 | -€2,103 | -76.5% |
| Taxes, remuneration and social security | 45 | €24,502 | €3,218 | -€21,283 | -86.9% |
| Taxes | 450/3 | €24,502 | €3,218 | -€21,283 | -86.9% |
| Other amounts payable | 47/48 | €6,205 | €7,450 | +€1,245 | +20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,703 | €9,813 | +€110 | +1.1% |
| Other operating charges | 640/8 | €180 | €186 | +€6 | +3.1% |
| Gross operating margin | 9900 | €44,331 | €35,701 | -€8,630 | -19.5% |
| Operating profit (loss) | 9901 | €34,448 | €25,703 | -€8,746 | -25.4% |
| Financial charges | 65/66B | €222 | €503 | +€281 | +126% |
| Recurring financial charges | 65 | €222 | €503 | +€281 | +126% |
| Profit (loss) for the period before taxes | 9903 | €34,226 | €25,200 | -€9,026 | -26.4% |
| Income taxes | 67/77 | €11,089 | €8,218 | -€2,871 | -25.9% |
| Profit (loss) for the period | 9904 | €23,137 | €16,982 | -€6,156 | -26.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,137 | €16,982 | -€6,156 | -26.6% |
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 14 October 2026 via checked.be.