SKA.BE: 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.
SKA.BE
Largest movements
- Cash -€780,365
down €780,365 (-99.3%), from €785,754 to €5,389
mainly Current investments (-€659,825) and Contributions, distributions and other (-€83,063)
- Current investments +€659,825
new in 2026: €659,825
- Receivables within one year +€74,859
up €74,859 (+406.9%), from €18,396 to €93,255
of which Other amounts receivable: +€75,289
- Tangible fixed assets -€20,612
down €20,612 (-13.6%), from €151,533 to €130,920
of which Furniture and vehicles: -€32,093
- Other debts +€83,063
up €83,063, from €0 to €83,063
- Reserves -€82,285
down €82,285 (-9.6%), from €855,902 to €773,617
- Tax, wage and social debts -€71,194
down €71,194 (-87.3%), from €81,565 to €10,371
of which Taxes: -€71,100
- Financial income -€881,058
down €881,058 (-97.8%), from €900,505 to €19,446
- Taxes -€79,002
down €79,002 (-97.7%), from €80,860 to €1,857
- Gross operating margin +€44,592
up €44,592, from -€18,282 to €26,311
- Staff costs -€7,800
down €7,800 (-65.3%), from €11,951 to €4,151
- Depreciation +€6,896
up €6,896 (+24.9%), from €27,654 to €34,550
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €960,833 | €891,297 | -€69,536 | -7.2% |
| Fixed assets | 21/28 | €151,573 | €130,960 | -€20,612 | -13.6% |
| Tangible fixed assets | 22/27 | €151,533 | €130,920 | -€20,612 | -13.6% |
| Plant, machinery and equipment | 23 | €2,119 | €1,873 | -€247 | -11.6% |
| Furniture and vehicles | 24 | €138,535 | €106,441 | -€32,093 | -23.2% |
| Other tangible fixed assets | 26 | €10,879 | €22,606 | +€11,728 | +107.8% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €809,260 | €760,337 | -€48,923 | -6.0% |
| Amounts receivable within one year | 40/41 | €18,396 | €93,255 | +€74,859 | +406.9% |
| Trade receivables | 40 | €16,311 | €15,881 | -€430 | -2.6% |
| Other amounts receivable | 41 | €2,085 | €77,375 | +€75,289 | +3610.3% |
| Current investments | 50/53 | - | €659,825 | +€659,825 | |
| Cash at bank and in hand | 54/58 | €785,754 | €5,389 | -€780,365 | -99.3% |
| Deferred charges and accrued income | 490/1 | €5,109 | €1,867 | -€3,242 | -63.5% |
| Total equity and liabilities | 10/49 | €960,833 | €891,297 | -€69,536 | -7.2% |
| Equity | 10/15 | €874,502 | €792,217 | -€82,285 | -9.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €855,902 | €773,617 | -€82,285 | -9.6% |
| Distributable reserves | 133 | €855,902 | €773,617 | -€82,285 | -9.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €86,330 | €99,080 | +€12,750 | +14.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €86,330 | €99,080 | +€12,750 | +14.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €63 | €0 | -€63 | -100.0% |
| Credit institutions | 430/8 | €63 | €0 | -€63 | -100.0% |
| Trade debts | 44 | €4,702 | €5,646 | +€944 | +20.1% |
| Suppliers | 440/4 | €4,702 | €5,646 | +€944 | +20.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €81,565 | €10,371 | -€71,194 | -87.3% |
| Taxes | 450/3 | €81,471 | €10,371 | -€71,100 | -87.3% |
| Remuneration and social security | 454/9 | €94 | €0 | -€94 | -100.0% |
| Other amounts payable | 47/48 | €0 | €83,063 | +€83,063 | |
| Non-recurring operating income | 76A | €811 | €0 | -€811 | -100.0% |
| Remuneration, social security and pensions | 62 | €11,951 | €4,151 | -€7,800 | -65.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,654 | €34,550 | +€6,896 | +24.9% |
| Other operating charges | 640/8 | €1,043 | €1,020 | -€23 | -2.2% |
| Non-recurring operating charges | 66A | - | €2,985 | +€2,985 | |
| Gross operating margin | 9900 | -€18,282 | €26,311 | +€44,592 | |
| Operating profit (loss) | 9901 | -€58,929 | -€16,395 | +€42,534 | +72.2% |
| Financial income | 75/76B | €900,505 | €19,446 | -€881,058 | -97.8% |
| Recurring financial income | 75 | €900,505 | €19,446 | -€881,058 | -97.8% |
| Financial charges | 65/66B | €2,465 | €416 | -€2,049 | -83.1% |
| Recurring financial charges | 65 | €2,465 | €416 | -€2,049 | -83.1% |
| Profit (loss) for the period before taxes | 9903 | €839,111 | €2,635 | -€836,476 | -99.7% |
| Income taxes | 67/77 | €80,860 | €1,857 | -€79,002 | -97.7% |
| Profit (loss) for the period | 9904 | €758,251 | €778 | -€757,474 | -99.9% |
| Profit (loss) for the period to be appropriated | 9905 | €758,251 | €778 | -€757,474 | -99.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.