SkadiCon: 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.
SkadiCon
Largest movements
- Cash +€30,330
up €30,330 (+49.1%), from €61,745 to €92,075
mainly Net result for the year (+€45,271) and Other debts (+€38,565)
- Receivables within one year +€6,658
up €6,658 (+12.0%), from €55,612 to €62,270
of which Trade receivables: +€8,412
- Deferred charges and accrued income -€1,709
down €1,709 (-72.4%), from €2,360 to €651
- Other debts +€38,565
up €38,565 (+40.4%), from €95,501 to €134,066
- Profit (loss) carried forward -€4,729
down €4,729, from €0 to -€4,729
- Trade debts +€1,758
up €1,758 (+22.5%), from €7,806 to €9,564
- Gross operating margin -€7,026
down €7,026 (-9.6%), from €73,047 to €66,021
- Taxes -€1,245
down €1,245 (-8.4%), from €14,771 to €13,525
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 | €130,392 | €165,737 | +€35,345 | +27.1% |
| Fixed assets | 21/28 | €10,674 | €10,741 | +€67 | +0.6% |
| Tangible fixed assets | 22/27 | €10,674 | €10,741 | +€67 | +0.6% |
| Land and buildings | 22 | - | €2,352 | +€2,352 | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €9,508 | €7,622 | -€1,886 | -19.8% |
| Other tangible fixed assets | 26 | €1,166 | €766 | -€400 | -34.3% |
| Current assets | 29/58 | €119,718 | €154,996 | +€35,279 | +29.5% |
| Amounts receivable within one year | 40/41 | €55,612 | €62,270 | +€6,658 | +12.0% |
| Trade receivables | 40 | €50,383 | €58,795 | +€8,412 | +16.7% |
| Other amounts receivable | 41 | €5,229 | €3,475 | -€1,755 | -33.6% |
| Cash at bank and in hand | 54/58 | €61,745 | €92,075 | +€30,330 | +49.1% |
| Deferred charges and accrued income | 490/1 | €2,360 | €651 | -€1,709 | -72.4% |
| Total equity and liabilities | 10/49 | €130,392 | €165,737 | +€35,345 | +27.1% |
| Equity | 10/15 | €19,147 | €14,418 | -€4,729 | -24.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €547 | €547 | = | 0.0% |
| Distributable reserves | 133 | €547 | €547 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€4,729 | -€4,729 | |
| Amounts payable | 17/49 | €111,245 | €151,319 | +€40,074 | +36.0% |
| Amounts payable within one year | 42/48 | €111,245 | €151,319 | +€40,074 | +36.0% |
| Trade debts | 44 | €7,806 | €9,564 | +€1,758 | +22.5% |
| Suppliers | 440/4 | €7,806 | €9,564 | +€1,758 | +22.5% |
| Taxes, remuneration and social security | 45 | €7,938 | €7,689 | -€249 | -3.1% |
| Taxes | 450/3 | €7,938 | €7,689 | -€249 | -3.1% |
| Other amounts payable | 47/48 | €95,501 | €134,066 | +€38,565 | +40.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,043 | €4,160 | +€117 | +2.9% |
| Other operating charges | 640/8 | €783 | €1,333 | +€551 | +70.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €73,047 | €66,021 | -€7,026 | -9.6% |
| Operating profit (loss) | 9901 | €68,221 | €60,527 | -€7,694 | -11.3% |
| Financial income | 75/76B | €5 | €0 | -€5 | -100% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -100% |
| Financial charges | 65/66B | €2,234 | €1,731 | -€503 | -22.5% |
| Recurring financial charges | 65 | €2,234 | €1,731 | -€503 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | €65,992 | €58,796 | -€7,196 | -10.9% |
| Income taxes | 67/77 | €14,771 | €13,525 | -€1,245 | -8.4% |
| Profit (loss) for the period | 9904 | €51,221 | €45,271 | -€5,950 | -11.6% |
| Profit (loss) for the period to be appropriated | 9905 | €51,221 | €45,271 | -€5,950 | -11.6% |
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 14 October 2026 via checked.be.