SK Solution: 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 Solution
Largest movements
- Tangible fixed assets -€20,681
down €20,681 (-9.8%), from €212,089 to €191,408
of which Furniture and vehicles: -€12,308
- Receivables within one year +€9,865
up €9,865 (+59.2%), from €16,676 to €26,542
of which Trade receivables: +€8,938
- Cash +€6,893
up €6,893 (+35.2%), from €19,558 to €26,451
mainly Depreciation (+€20,681) and Net result for the year (+€19,606)
- Reserves +€19,606
up €19,606 (+37.7%), from €51,956 to €71,562
- Other debts -€16,130
no longer reported in 2025 (was €16,130)
- Debts after one year -€6,514
down €6,514 (-4.2%), from €154,365 to €147,851
- Trade debts -€2,903
down €2,903 (-34.7%), from €8,377 to €5,474
- Tax, wage and social debts +€2,568
up €2,568 (+26.7%), from €9,613 to €12,181
- Gross operating margin +€7,838
up €7,838 (+15.5%), from €50,414 to €58,252
- Taxes +€2,542
up €2,542 (+34.5%), from €7,371 to €9,913
- Depreciation -€2,266
down €2,266 (-9.9%), from €22,947 to €20,681
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 | €253,426 | €249,782 | -€3,644 | -1.4% |
| Fixed assets | 21/28 | €212,089 | €191,408 | -€20,681 | -9.8% |
| Tangible fixed assets | 22/27 | €212,089 | €191,408 | -€20,681 | -9.8% |
| Land and buildings | 22 | €198,935 | €190,943 | -€7,992 | -4.0% |
| Plant, machinery and equipment | 23 | €471 | €90 | -€381 | -80.9% |
| Furniture and vehicles | 24 | €12,683 | €375 | -€12,308 | -97.0% |
| Current assets | 29/58 | €41,336 | €58,374 | +€17,037 | +41.2% |
| Amounts receivable within one year | 40/41 | €16,676 | €26,542 | +€9,865 | +59.2% |
| Trade receivables | 40 | €14,750 | €23,688 | +€8,938 | +60.6% |
| Other amounts receivable | 41 | €1,926 | €2,853 | +€927 | +48.1% |
| Cash at bank and in hand | 54/58 | €19,558 | €26,451 | +€6,893 | +35.2% |
| Deferred charges and accrued income | 490/1 | €5,102 | €5,381 | +€279 | +5.5% |
| Total equity and liabilities | 10/49 | €253,426 | €249,782 | -€3,644 | -1.4% |
| Equity | 10/15 | €58,156 | €77,762 | +€19,606 | +33.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €51,956 | €71,562 | +€19,606 | +37.7% |
| Distributable reserves | 133 | €51,956 | €71,562 | +€19,606 | +37.7% |
| Amounts payable | 17/49 | €195,270 | €172,020 | -€23,249 | -11.9% |
| Amounts payable after more than one year | 17 | €154,365 | €147,851 | -€6,514 | -4.2% |
| Financial debts | 170/4 | €154,365 | €147,851 | -€6,514 | -4.2% |
| Amounts payable within one year | 42/48 | €40,905 | €24,169 | -€16,735 | -40.9% |
| Current portion of amounts payable after more than one year | 42 | €6,784 | €6,514 | -€270 | -4.0% |
| Trade debts | 44 | €8,377 | €5,474 | -€2,903 | -34.7% |
| Suppliers | 440/4 | €8,377 | €5,474 | -€2,903 | -34.7% |
| Taxes, remuneration and social security | 45 | €9,613 | €12,181 | +€2,568 | +26.7% |
| Taxes | 450/3 | €9,613 | €12,181 | +€2,568 | +26.7% |
| Other amounts payable | 47/48 | €16,130 | - | -€16,130 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,947 | €20,681 | -€2,266 | -9.9% |
| Other operating charges | 640/8 | €690 | €1,072 | +€382 | +55.3% |
| Gross operating margin | 9900 | €50,414 | €58,252 | +€7,838 | +15.5% |
| Operating profit (loss) | 9901 | €26,776 | €36,498 | +€9,723 | +36.3% |
| Financial income | 75/76B | €31 | €44 | +€13 | +43.8% |
| Recurring financial income | 75 | €31 | €44 | +€13 | +43.8% |
| Financial charges | 65/66B | €7,542 | €7,024 | -€519 | -6.9% |
| Recurring financial charges | 65 | €7,542 | €7,024 | -€519 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €19,264 | €29,519 | +€10,255 | +53.2% |
| Income taxes | 67/77 | €7,371 | €9,913 | +€2,542 | +34.5% |
| Profit (loss) for the period | 9904 | €11,893 | €19,606 | +€7,712 | +64.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,893 | €19,606 | +€7,712 | +64.8% |
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 1 October 2026 via checked.be.