SKAN PERFORMANCE MANAGEMENT: 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.
SKAN PERFORMANCE MANAGEMENT
Largest movements
- Financial fixed assets -€91,604
down €91,604 (-90.7%), from €100,974 to €9,370
- Tangible fixed assets -€33,119
down €33,119 (-4.8%), from €686,984 to €653,865
of which Land and buildings: -€31,301
- Receivables within one year -€18,833
down €18,833 (-13.7%), from €136,970 to €118,137
of which Other amounts receivable: -€13,636
- Cash +€14,399
up €14,399 (+14.7%), from €98,037 to €112,436
mainly Investment in fixed assets (net) (+€91,555) and Depreciation (+€33,168)
- Trade debts -€68,592
down €68,592 (-40.7%), from €168,721 to €100,129
- Debts after one year -€45,804
down €45,804 (-13.4%), from €341,319 to €295,515
- Reserves -€27,355
down €27,355 (-10.1%), from €271,862 to €244,507
- Short-term financial debts +€25,028
up €25,028 (+32.7%), from €76,448 to €101,475
of which Other loans: +€25,000
- Current portion of long-term debt -€22,623
down €22,623 (-33.1%), from €68,427 to €45,804
- Gross operating margin -€59,030
down €59,030 (-27.8%), from €212,554 to €153,524
- Taxes -€8,644
down €8,644 (-98.0%), from €8,817 to €172
- Staff costs -€7,044
down €7,044 (-5.0%), from €140,406 to €133,362
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,045,911 | €907,282 | -€138,628 | -13.3% |
| Fixed assets | 21/28 | €787,958 | €663,235 | -€124,723 | -15.8% |
| Tangible fixed assets | 22/27 | €686,984 | €653,865 | -€33,119 | -4.8% |
| Land and buildings | 22 | €680,468 | €649,168 | -€31,301 | -4.6% |
| Plant, machinery and equipment | 23 | €3,208 | €2,946 | -€261 | -8.1% |
| Furniture and vehicles | 24 | €2,406 | €964 | -€1,442 | -59.9% |
| Other tangible fixed assets | 26 | €902 | €787 | -€115 | -12.7% |
| Financial fixed assets | 28 | €100,974 | €9,370 | -€91,604 | -90.7% |
| Current assets | 29/58 | €257,953 | €244,047 | -€13,905 | -5.4% |
| Amounts receivable within one year | 40/41 | €136,970 | €118,137 | -€18,833 | -13.7% |
| Trade receivables | 40 | €110,059 | €104,862 | -€5,197 | -4.7% |
| Other amounts receivable | 41 | €26,912 | €13,275 | -€13,636 | -50.7% |
| Current investments | 50/53 | €314 | €314 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €98,037 | €112,436 | +€14,399 | +14.7% |
| Deferred charges and accrued income | 490/1 | €22,631 | €13,160 | -€9,471 | -41.8% |
| Total equity and liabilities | 10/49 | €1,045,911 | €907,282 | -€138,628 | -13.3% |
| Equity | 10/15 | €290,454 | €263,099 | -€27,355 | -9.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €271,862 | €244,507 | -€27,355 | -10.1% |
| Distributable reserves | 133 | €271,862 | €244,507 | -€27,355 | -10.1% |
| Amounts payable | 17/49 | €755,456 | €644,183 | -€111,273 | -14.7% |
| Amounts payable after more than one year | 17 | €341,319 | €295,515 | -€45,804 | -13.4% |
| Financial debts | 170/4 | €341,319 | €295,515 | -€45,804 | -13.4% |
| Amounts payable within one year | 42/48 | €414,138 | €348,668 | -€65,469 | -15.8% |
| Current portion of amounts payable after more than one year | 42 | €68,427 | €45,804 | -€22,623 | -33.1% |
| Financial debts | 43 | €76,448 | €101,475 | +€25,028 | +32.7% |
| Credit institutions | 430/8 | €1,448 | €1,475 | +€28 | +1.9% |
| Other loans | 439 | €75,000 | €100,000 | +€25,000 | +33.3% |
| Trade debts | 44 | €168,721 | €100,129 | -€68,592 | -40.7% |
| Suppliers | 440/4 | €168,721 | €100,129 | -€68,592 | -40.7% |
| Taxes, remuneration and social security | 45 | €16,440 | €17,189 | +€748 | +4.6% |
| Taxes | 450/3 | €191 | €938 | +€747 | +391% |
| Remuneration and social security | 454/9 | €16,249 | €16,251 | +€1 | 0.0% |
| Other amounts payable | 47/48 | €84,101 | €84,071 | -€30 | 0.0% |
| Remuneration, social security and pensions | 62 | €140,406 | €133,362 | -€7,044 | -5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,388 | €33,168 | -€221 | -0.7% |
| Other operating charges | 640/8 | €1,780 | €2,823 | +€1,043 | +58.6% |
| Non-recurring operating charges | 66A | - | €951 | +€951 | |
| Gross operating margin | 9900 | €212,554 | €153,524 | -€59,030 | -27.8% |
| Operating profit (loss) | 9901 | €36,980 | -€16,780 | -€53,760 | |
| Financial income | 75/76B | €2,445 | €3,155 | +€710 | +29.0% |
| Recurring financial income | 75 | €2,445 | €3,155 | +€710 | +29.0% |
| Financial charges | 65/66B | €14,916 | €13,557 | -€1,359 | -9.1% |
| Recurring financial charges | 65 | €14,916 | €13,557 | -€1,359 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €24,508 | -€27,183 | -€51,691 | |
| Income taxes | 67/77 | €8,817 | €172 | -€8,644 | -98.0% |
| Profit (loss) for the period | 9904 | €15,692 | -€27,355 | -€43,047 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,692 | -€27,355 | -€43,047 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.