SK Trading: 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 Trading
Largest movements
- Receivables within one year -€13,623
down €13,623 (-8.5%), from €160,157 to €146,534
of which Trade receivables: -€12,847
- Tangible fixed assets -€3,912
down €3,912 (-62.9%), from €6,218 to €2,306
of which Furniture and vehicles: -€4,600
- Other debts -€39,963
no longer reported in 2025 (was €39,963)
- Tax, wage and social debts +€31,585
up €31,585 (+42.8%), from €73,738 to €105,323
of which Remuneration and social security: +€26,378
- Trade debts -€8,957
down €8,957 (-78.0%), from €11,483 to €2,526
- Current portion of long-term debt -€2,719
no longer reported in 2025 (was €2,719)
- Profit (loss) carried forward +€2,534
up €2,534 (+12.7%), from €19,922 to €22,457
- Staff costs +€79,365
up €79,365 (+60.3%), from €131,671 to €211,036
- Gross operating margin +€64,145
up €64,145 (+40.8%), from €157,390 to €221,535
- Financial charges -€5,769
down €5,769 (-83.6%), from €6,903 to €1,134
- Taxes -€2,615
down €2,615 (-72.6%), from €3,602 to €987
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 | €172,896 | €155,376 | -€17,520 | -10.1% |
| Fixed assets | 21/28 | €10,218 | €6,306 | -€3,912 | -38.3% |
| Tangible fixed assets | 22/27 | €6,218 | €2,306 | -€3,912 | -62.9% |
| Plant, machinery and equipment | 23 | €1,009 | €1,696 | +€688 | +68.2% |
| Furniture and vehicles | 24 | €5,209 | €609 | -€4,600 | -88.3% |
| Financial fixed assets | 28 | €4,000 | €4,000 | = | 0.0% |
| Current assets | 29/58 | €162,678 | €149,070 | -€13,608 | -8.4% |
| Amounts receivable within one year | 40/41 | €160,157 | €146,534 | -€13,623 | -8.5% |
| Trade receivables | 40 | €158,972 | €146,125 | -€12,847 | -8.1% |
| Other amounts receivable | 41 | €1,185 | €409 | -€776 | -65.5% |
| Cash at bank and in hand | 54/58 | €2,521 | €2,536 | +€15 | +0.6% |
| Total equity and liabilities | 10/49 | €172,896 | €155,376 | -€17,520 | -10.1% |
| Equity | 10/15 | €44,993 | €47,527 | +€2,534 | +5.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €15,071 | €15,071 | = | 0.0% |
| Distributable reserves | 133 | €15,071 | €15,071 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,922 | €22,457 | +€2,534 | +12.7% |
| Amounts payable | 17/49 | €127,903 | €107,848 | -€20,055 | -15.7% |
| Amounts payable within one year | 42/48 | €127,903 | €107,848 | -€20,055 | -15.7% |
| Current portion of amounts payable after more than one year | 42 | €2,719 | - | -€2,719 | |
| Trade debts | 44 | €11,483 | €2,526 | -€8,957 | -78.0% |
| Suppliers | 440/4 | €11,483 | €2,526 | -€8,957 | -78.0% |
| Taxes, remuneration and social security | 45 | €73,738 | €105,323 | +€31,585 | +42.8% |
| Taxes | 450/3 | €16,442 | €21,649 | +€5,207 | +31.7% |
| Remuneration and social security | 454/9 | €57,296 | €83,674 | +€26,378 | +46.0% |
| Other amounts payable | 47/48 | €39,963 | - | -€39,963 | |
| Remuneration, social security and pensions | 62 | €131,671 | €211,036 | +€79,365 | +60.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,936 | €1,931 | -€5 | -0.3% |
| Other operating charges | 640/8 | €2,129 | €714 | -€1,415 | -66.5% |
| Non-recurring operating charges | 66A | - | €3,200 | +€3,200 | |
| Gross operating margin | 9900 | €157,390 | €221,535 | +€64,145 | +40.8% |
| Operating profit (loss) | 9901 | €21,654 | €4,654 | -€16,999 | -78.5% |
| Financial income | 75/76B | €11 | €1 | -€10 | -94.3% |
| Recurring financial income | 75 | €11 | €1 | -€10 | -94.3% |
| Financial charges | 65/66B | €6,903 | €1,134 | -€5,769 | -83.6% |
| Recurring financial charges | 65 | €6,903 | €1,134 | -€5,769 | -83.6% |
| Profit (loss) for the period before taxes | 9903 | €14,762 | €3,521 | -€11,240 | -76.1% |
| Income taxes | 67/77 | €3,602 | €987 | -€2,615 | -72.6% |
| Profit (loss) for the period | 9904 | €11,159 | €2,534 | -€8,625 | -77.3% |
| Profit (loss) for the period to be appropriated | 9905 | €11,159 | €2,534 | -€8,625 | -77.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.