SKALL GROUP: 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.
SKALL GROUP
Largest movements
- Financial fixed assets +€500,175
new in 2025: €500,175
- Cash -€289,020
down €289,020 (-62.5%), from €462,156 to €173,136
mainly Investment in fixed assets (net) (-€775,479)
- Tangible fixed assets +€222,951
up €222,951 (+211%), from €105,441 to €328,391
- Receivables within one year -€110,665
down €110,665 (-72.6%), from €152,463 to €41,799
of which Trade receivables: -€59,702
- Tax, wage and social debts +€219,519
up €219,519 (+79.4%), from €276,647 to €496,166
of which Remuneration and social security: +€150,968
- Reserves +€100,000
new in 2025: €100,000
- Profit (loss) carried forward -€22,709
down €22,709 (-9.6%), from €236,842 to €214,133
- Trade debts +€21,247
up €21,247 (+10.0%), from €211,872 to €233,119
- Gross operating margin +€1.3m
up €1.3m (+141%), from €930,516 to €2.2m
- Staff costs +€1.3m
up €1.3m (+193%), from €661,932 to €1.9m
- Taxes +€77,467
new in 2025: €77,467
- Other operating charges +€43,201
up €43,201 (+346%), from €12,477 to €55,678
- Depreciation +€42,221
up €42,221 (+417%), from €10,133 to €52,354
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 | €726,362 | €1,044,419 | +€318,057 | +43.8% |
| Fixed assets | 21/28 | €105,441 | €828,566 | +€723,125 | +686% |
| Tangible fixed assets | 22/27 | €105,441 | €328,391 | +€222,951 | +211% |
| Furniture and vehicles | 24 | €105,441 | €328,391 | +€222,951 | +211% |
| Financial fixed assets | 28 | - | €500,175 | +€500,175 | |
| Current assets | 29/58 | €620,921 | €215,853 | -€405,068 | -65.2% |
| Amounts receivable within one year | 40/41 | €152,463 | €41,799 | -€110,665 | -72.6% |
| Trade receivables | 40 | €60,892 | €1,190 | -€59,702 | -98.0% |
| Other amounts receivable | 41 | €91,572 | €40,609 | -€50,963 | -55.7% |
| Cash at bank and in hand | 54/58 | €462,156 | €173,136 | -€289,020 | -62.5% |
| Deferred charges and accrued income | 490/1 | €6,302 | €918 | -€5,384 | -85.4% |
| Total equity and liabilities | 10/49 | €726,362 | €1,044,419 | +€318,057 | +43.8% |
| Equity | 10/15 | €237,842 | €315,133 | +€77,291 | +32.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | - | €100,000 | +€100,000 | |
| Non-distributable reserves | 130/1 | - | €100,000 | +€100,000 | |
| Reserves not available under the articles | 1311 | - | €100,000 | +€100,000 | |
| Profit (loss) carried forward | 14 | €236,842 | €214,133 | -€22,709 | -9.6% |
| Amounts payable | 17/49 | €488,519 | €729,286 | +€240,766 | +49.3% |
| Amounts payable within one year | 42/48 | €488,519 | €729,286 | +€240,766 | +49.3% |
| Trade debts | 44 | €211,872 | €233,119 | +€21,247 | +10.0% |
| Suppliers | 440/4 | €211,872 | €233,119 | +€21,247 | +10.0% |
| Taxes, remuneration and social security | 45 | €276,647 | €496,166 | +€219,519 | +79.4% |
| Taxes | 450/3 | €167,411 | €235,962 | +€68,551 | +40.9% |
| Remuneration and social security | 454/9 | €109,236 | €260,204 | +€150,968 | +138% |
| Non-recurring operating income | 76A | - | €60,000 | +€60,000 | |
| Remuneration, social security and pensions | 62 | €661,932 | €1,938,238 | +€1.3m | +193% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,133 | €52,354 | +€42,221 | +417% |
| Other operating charges | 640/8 | €12,477 | €55,678 | +€43,201 | +346% |
| Non-recurring operating charges | 66A | - | €49,986 | +€49,986 | |
| Gross operating margin | 9900 | €930,516 | €2,238,006 | +€1.3m | +141% |
| Operating profit (loss) | 9901 | €245,974 | €141,749 | -€104,224 | -42.4% |
| Financial income | 75/76B | €17 | €18,586 | +€18,569 | +109,615% |
| Recurring financial income | 75 | €17 | €18,586 | +€18,569 | +109,615% |
| Financial charges | 65/66B | €850 | €5,577 | +€4,727 | +556% |
| Recurring financial charges | 65 | €850 | €5,577 | +€4,727 | +556% |
| Profit (loss) for the period before taxes | 9903 | €245,140 | €154,758 | -€90,382 | -36.9% |
| Income taxes | 67/77 | - | €77,467 | +€77,467 | |
| Profit (loss) for the period | 9904 | €245,140 | €77,291 | -€167,850 | -68.5% |
| Profit (loss) for the period to be appropriated | 9905 | €245,140 | €77,291 | -€167,850 | -68.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.