SKADA: 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.
SKADA
Largest movements
- Cash +€32,050
up €32,050 (+832.7%), from €3,849 to €35,899
mainly Trade debts (+€31,579) and Net result for the year (+€18,124)
- Receivables within one year +€8,216
up €8,216 (+16.7%), from €49,123 to €57,339
of which Other amounts receivable: +€6,123
- Deferred charges and accrued income -€1,049
down €1,049 (-35.1%), from €2,987 to €1,938
- Trade debts +€31,579
up €31,579 (+509.2%), from €6,201 to €37,780
- Other debts -€29,791
down €29,791 (-69.8%), from €42,662 to €12,871
- Reserves +€18,000
new in 2025: €18,000
- Tax, wage and social debts +€17,309
new in 2025: €17,309
- Accrued charges and deferred income +€1,080
new in 2025: €1,080
- Taxes +€27,132
new in 2025: €27,132
- Gross operating margin +€12,658
up €12,658 (+33.5%), from €37,834 to €50,491
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 | €63,793 | €102,094 | +€38,301 | +60.0% |
| Fixed assets | 21/28 | €7,834 | €6,918 | -€916 | -11.7% |
| Tangible fixed assets | 22/27 | €7,834 | €6,918 | -€916 | -11.7% |
| Plant, machinery and equipment | 23 | €3,578 | €2,026 | -€1,552 | -43.4% |
| Furniture and vehicles | 24 | €4,255 | €4,892 | +€636 | +15.0% |
| Current assets | 29/58 | €55,959 | €95,176 | +€39,217 | +70.1% |
| Amounts receivable within one year | 40/41 | €49,123 | €57,339 | +€8,216 | +16.7% |
| Trade receivables | 40 | €48,164 | €50,257 | +€2,093 | +4.3% |
| Other amounts receivable | 41 | €959 | €7,082 | +€6,123 | +638.2% |
| Cash at bank and in hand | 54/58 | €3,849 | €35,899 | +€32,050 | +832.7% |
| Deferred charges and accrued income | 490/1 | €2,987 | €1,938 | -€1,049 | -35.1% |
| Total equity and liabilities | 10/49 | €63,793 | €102,094 | +€38,301 | +60.0% |
| Equity | 10/15 | €14,930 | €33,054 | +€18,124 | +121.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | - | €18,000 | +€18,000 | |
| Distributable reserves | 133 | - | €18,000 | +€18,000 | |
| Profit (loss) carried forward | 14 | €13,930 | €14,054 | +€124 | +0.9% |
| Amounts payable | 17/49 | €48,863 | €69,040 | +€20,177 | +41.3% |
| Amounts payable within one year | 42/48 | €48,863 | €67,960 | +€19,097 | +39.1% |
| Trade debts | 44 | €6,201 | €37,780 | +€31,579 | +509.2% |
| Suppliers | 440/4 | €6,201 | €37,780 | +€31,579 | +509.2% |
| Taxes, remuneration and social security | 45 | - | €17,309 | +€17,309 | |
| Taxes | 450/3 | - | €17,309 | +€17,309 | |
| Other amounts payable | 47/48 | €42,662 | €12,871 | -€29,791 | -69.8% |
| Accrued charges and deferred income | 492/3 | - | €1,080 | +€1,080 | |
| Non-recurring operating income | 76A | - | €25,261 | +€25,261 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,739 | €4,072 | +€333 | +8.9% |
| Other operating charges | 640/8 | €573 | €463 | -€110 | -19.2% |
| Gross operating margin | 9900 | €37,834 | €50,491 | +€12,658 | +33.5% |
| Operating profit (loss) | 9901 | €33,522 | €45,956 | +€12,434 | +37.1% |
| Financial income | 75/76B | €69 | €2 | -€67 | -97.0% |
| Recurring financial income | 75 | €69 | €2 | -€67 | -97.0% |
| Financial charges | 65/66B | €448 | €702 | +€254 | +56.6% |
| Recurring financial charges | 65 | €448 | €702 | +€254 | +56.6% |
| Profit (loss) for the period before taxes | 9903 | €33,143 | €45,257 | +€12,114 | +36.6% |
| Income taxes | 67/77 | - | €27,132 | +€27,132 | |
| Profit (loss) for the period | 9904 | €33,143 | €18,124 | -€15,018 | -45.3% |
| Profit (loss) for the period to be appropriated | 9905 | €33,143 | €18,124 | -€15,018 | -45.3% |
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 4 October 2026 via checked.be.