SKALIS: 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.
SKALIS
Largest movements
- Cash +€241,317
up €241,317 (+80.2%), from €300,761 to €542,078
mainly Net result for the year (+€248,854) and Tax, wage and social debts (+€24,636)
- Tangible fixed assets +€16,861
up €16,861 (+36.5%), from €46,185 to €63,046
of which Furniture and vehicles: +€20,128
- Reserves +€248,854
up €248,854 (+132.9%), from €187,233 to €436,087
- Tax, wage and social debts +€24,636
up €24,636 (+190.5%), from €12,930 to €37,566
of which Taxes: +€24,636
- Debts after one year -€8,153
down €8,153 (-43.7%), from €18,650 to €10,497
- Financial income +€241,248
up €241,248 (+2756.6%), from €8,752 to €250,000
- Gross operating margin -€31,543
down €31,543 (-35.2%), from €89,724 to €58,180
- Taxes +€7,890
up €7,890 (+33.7%), from €23,423 to €31,313
- Depreciation +€5,062
up €5,062 (+48.0%), from €10,549 to €15,611
- Financial charges -€1,379
down €1,379 (-11.4%), from €12,121 to €10,741
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 | €403,075 | €657,801 | +€254,726 | +63.2% |
| Fixed assets | 21/28 | €76,185 | €93,046 | +€16,861 | +22.1% |
| Tangible fixed assets | 22/27 | €46,185 | €63,046 | +€16,861 | +36.5% |
| Plant, machinery and equipment | 23 | €7,279 | €5,479 | -€1,800 | -24.7% |
| Furniture and vehicles | 24 | €28,713 | €48,840 | +€20,128 | +70.1% |
| Other tangible fixed assets | 26 | €10,194 | €8,726 | -€1,467 | -14.4% |
| Financial fixed assets | 28 | €30,000 | €30,000 | = | 0.0% |
| Current assets | 29/58 | €326,890 | €564,755 | +€237,865 | +72.8% |
| Amounts receivable within one year | 40/41 | €24,077 | €20,681 | -€3,396 | -14.1% |
| Trade receivables | 40 | €14,731 | - | -€14,731 | |
| Other amounts receivable | 41 | €9,345 | €20,681 | +€11,335 | +121.3% |
| Cash at bank and in hand | 54/58 | €300,761 | €542,078 | +€241,317 | +80.2% |
| Deferred charges and accrued income | 490/1 | €2,053 | €1,997 | -€56 | -2.7% |
| Total equity and liabilities | 10/49 | €403,075 | €657,801 | +€254,726 | +63.2% |
| Equity | 10/15 | €205,825 | €454,679 | +€248,854 | +120.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €187,233 | €436,087 | +€248,854 | +132.9% |
| Distributable reserves | 133 | €187,233 | €436,087 | +€248,854 | +132.9% |
| Amounts payable | 17/49 | €197,250 | €203,122 | +€5,872 | +3.0% |
| Amounts payable after more than one year | 17 | €18,650 | €10,497 | -€8,153 | -43.7% |
| Financial debts | 170/4 | €18,650 | €10,497 | -€8,153 | -43.7% |
| Amounts payable within one year | 42/48 | €176,847 | €192,625 | +€15,778 | +8.9% |
| Current portion of amounts payable after more than one year | 42 | €7,942 | €5,053 | -€2,890 | -36.4% |
| Trade debts | 44 | €3,230 | €2,952 | -€277 | -8.6% |
| Suppliers | 440/4 | €3,230 | €2,952 | -€277 | -8.6% |
| Taxes, remuneration and social security | 45 | €12,930 | €37,566 | +€24,636 | +190.5% |
| Taxes | 450/3 | €9,930 | €34,566 | +€24,636 | +248.1% |
| Remuneration and social security | 454/9 | €3,000 | €3,000 | = | 0.0% |
| Other amounts payable | 47/48 | €152,745 | €147,054 | -€5,691 | -3.7% |
| Accrued charges and deferred income | 492/3 | €1,753 | - | -€1,753 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,549 | €15,611 | +€5,062 | +48.0% |
| Other operating charges | 640/8 | €1,419 | €1,661 | +€242 | +17.0% |
| Gross operating margin | 9900 | €89,724 | €58,180 | -€31,543 | -35.2% |
| Operating profit (loss) | 9901 | €77,755 | €40,908 | -€36,847 | -47.4% |
| Financial income | 75/76B | €8,752 | €250,000 | +€241,248 | +2756.6% |
| Recurring financial income | 75 | €8,752 | €250,000 | +€241,248 | +2756.6% |
| Financial charges | 65/66B | €12,121 | €10,741 | -€1,379 | -11.4% |
| Recurring financial charges | 65 | €12,121 | €10,741 | -€1,379 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | €74,386 | €280,167 | +€205,780 | +276.6% |
| Income taxes | 67/77 | €23,423 | €31,313 | +€7,890 | +33.7% |
| Profit (loss) for the period | 9904 | €50,963 | €248,854 | +€197,891 | +388.3% |
| Profit (loss) for the period to be appropriated | 9905 | €50,963 | €248,854 | +€197,891 | +388.3% |
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 8 October 2026 via checked.be.