SKAMANDER: 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.
SKAMANDER
Largest movements
- Cash -€8,394
down €8,394 (-2.2%), from €388,210 to €379,816
mainly Contributions, distributions and other (-€52,059) and Other debts (-€37,100)
- Other debts -€37,100
down €37,100 (-42.7%), from €86,889 to €49,789
- Reserves +€18,460
up €18,460 (+5.8%), from €316,589 to €335,050
- Tax, wage and social debts +€8,947
up €8,947 (+55.6%), from €16,082 to €25,030
of which Taxes: +€8,920
- Gross operating margin +€14,492
up €14,492 (+15.8%), from €91,627 to €106,120
- Taxes +€8,510
up €8,510 (+33.8%), from €25,206 to €33,716
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 | €434,296 | €424,542 | -€9,754 | -2.2% |
| Fixed assets | 21/28 | €2,573 | €1,494 | -€1,079 | -41.9% |
| Tangible fixed assets | 22/27 | €2,168 | €1,089 | -€1,079 | -49.8% |
| Land and buildings | 22 | €1,044 | €442 | -€602 | -57.7% |
| Plant, machinery and equipment | 23 | €1,123 | €647 | -€477 | -42.4% |
| Financial fixed assets | 28 | €405 | €405 | = | 0.0% |
| Current assets | 29/58 | €431,724 | €423,049 | -€8,675 | -2.0% |
| Amounts receivable within one year | 40/41 | €42,276 | €42,819 | +€543 | +1.3% |
| Trade receivables | 40 | €42,272 | €42,810 | +€538 | +1.3% |
| Other amounts receivable | 41 | €4 | €9 | +€5 | +111% |
| Cash at bank and in hand | 54/58 | €388,210 | €379,816 | -€8,394 | -2.2% |
| Deferred charges and accrued income | 490/1 | €1,238 | €414 | -€824 | -66.6% |
| Total equity and liabilities | 10/49 | €434,296 | €424,542 | -€9,754 | -2.2% |
| Equity | 10/15 | €328,989 | €347,450 | +€18,460 | +5.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €316,589 | €335,050 | +€18,460 | +5.8% |
| Distributable reserves | 133 | €316,589 | €335,050 | +€18,460 | +5.8% |
| Amounts payable | 17/49 | €105,307 | €77,093 | -€28,214 | -26.8% |
| Amounts payable within one year | 42/48 | €103,350 | €75,593 | -€27,757 | -26.9% |
| Trade debts | 44 | €379 | €775 | +€396 | +105% |
| Suppliers | 440/4 | €379 | €775 | +€396 | +105% |
| Taxes, remuneration and social security | 45 | €16,082 | €25,030 | +€8,947 | +55.6% |
| Taxes | 450/3 | €13,571 | €22,491 | +€8,920 | +65.7% |
| Remuneration and social security | 454/9 | €2,511 | €2,539 | +€27 | +1.1% |
| Other amounts payable | 47/48 | €86,889 | €49,789 | -€37,100 | -42.7% |
| Accrued charges and deferred income | 492/3 | €1,957 | €1,500 | -€457 | -23.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,045 | €1,079 | +€34 | +3.2% |
| Other operating charges | 640/8 | €240 | €687 | +€447 | +186% |
| Gross operating margin | 9900 | €91,627 | €106,120 | +€14,492 | +15.8% |
| Operating profit (loss) | 9901 | €90,343 | €104,354 | +€14,012 | +15.5% |
| Financial income | 75/76B | €43 | €0 | -€43 | -99.9% |
| Recurring financial income | 75 | €43 | €0 | -€43 | -99.9% |
| Financial charges | 65/66B | €49 | €119 | +€70 | +142% |
| Recurring financial charges | 65 | €49 | €119 | +€70 | +142% |
| Profit (loss) for the period before taxes | 9903 | €90,336 | €104,236 | +€13,899 | +15.4% |
| Income taxes | 67/77 | €25,206 | €33,716 | +€8,510 | +33.8% |
| Profit (loss) for the period | 9904 | €65,130 | €70,520 | +€5,390 | +8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €65,130 | €70,520 | +€5,390 | +8.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.