Skade Advisory: 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.
Skade Advisory
Largest movements
- Receivables within one year +€11,546
up €11,546 (+3,699%), from €312 to €11,858
of which Trade receivables: +€11,858
- Cash +€10,374
up €10,374 (+339%), from €3,061 to €13,434
mainly Net result for the year (+€13,077) and Tax, wage and social debts (+€10,377)
- Tangible fixed assets +€837
new in 2025: €837
- Tax, wage and social debts +€10,377
new in 2025: €10,377
of which Taxes: +€8,282
- Reserves +€9,524
new in 2025: €9,524
- Profit (loss) carried forward +€3,553
no longer reported in 2025 (was -€3,553)
- Trade debts -€698
down €698 (-36.2%), from €1,926 to €1,228
- Gross operating margin +€19,638
up €19,638, from -€3,553 to €16,085
- Taxes +€3,002
new in 2025: €3,002
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 | €3,373 | €26,129 | +€22,756 | +675% |
| Fixed assets | 21/28 | - | €837 | +€837 | |
| Tangible fixed assets | 22/27 | - | €837 | +€837 | |
| Furniture and vehicles | 24 | - | €837 | +€837 | |
| Current assets | 29/58 | €3,373 | €25,292 | +€21,919 | +650% |
| Amounts receivable within one year | 40/41 | €312 | €11,858 | +€11,546 | +3,699% |
| Trade receivables | 40 | - | €11,858 | +€11,858 | |
| Other amounts receivable | 41 | €312 | - | -€312 | |
| Cash at bank and in hand | 54/58 | €3,061 | €13,434 | +€10,374 | +339% |
| Total equity and liabilities | 10/49 | €3,373 | €26,129 | +€22,756 | +675% |
| Equity | 10/15 | €1,447 | €14,524 | +€13,077 | +904% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €9,524 | +€9,524 | |
| Distributable reserves | 133 | - | €9,524 | +€9,524 | |
| Profit (loss) carried forward | 14 | -€3,553 | - | +€3,553 | |
| Amounts payable | 17/49 | €1,926 | €11,605 | +€9,679 | +503% |
| Amounts payable within one year | 42/48 | €1,926 | €11,605 | +€9,679 | +503% |
| Trade debts | 44 | €1,926 | €1,228 | -€698 | -36.2% |
| Suppliers | 440/4 | €1,926 | €1,228 | -€698 | -36.2% |
| Taxes, remuneration and social security | 45 | - | €10,377 | +€10,377 | |
| Taxes | 450/3 | - | €8,282 | +€8,282 | |
| Remuneration and social security | 454/9 | - | €2,095 | +€2,095 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €6 | +€6 | |
| Gross operating margin | 9900 | -€3,553 | €16,085 | +€19,638 | |
| Operating profit (loss) | 9901 | -€3,553 | €16,079 | +€19,632 | |
| Profit (loss) for the period before taxes | 9903 | -€3,553 | €16,079 | +€19,632 | |
| Income taxes | 67/77 | - | €3,002 | +€3,002 | |
| Profit (loss) for the period | 9904 | -€3,553 | €13,077 | +€16,630 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,553 | €13,077 | +€16,630 |
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 15 October 2026 via checked.be.