SKAPE: 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.
SKAPE
Largest movements
- Cash +€68,139
up €68,139 (+313%), from €21,753 to €89,892
mainly Net result for the year (+€100,598) and Other debts (+€27,570)
- Receivables within one year +€32,504
up €32,504 (+40.6%), from €80,154 to €112,658
of which Trade receivables: +€36,831
- Reserves +€74,528
up €74,528 (+157%), from €47,392 to €121,920
of which Distributable reserves: +€74,528
- Other debts +€27,570
new in 2025: €27,570
- Tax, wage and social debts +€24,313
up €24,313 (+321%), from €7,573 to €31,887
- Contributions -€18,600
no longer reported in 2025 (was €18,600)
- Accrued charges and deferred income -€7,438
no longer reported in 2025 (was €7,438)
- Gross operating margin +€120,385
up €120,385 (+396%), from €30,397 to €150,783
- Taxes +€40,923
up €40,923 (+542%), from €7,544 to €48,466
- Other operating charges -€9,097
down €9,097 (-97.8%), from €9,306 to €209
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 | €113,426 | €212,111 | +€98,685 | +87.0% |
| Fixed assets | 21/28 | €10,230 | €8,814 | -€1,417 | -13.8% |
| Tangible fixed assets | 22/27 | €4,545 | €3,129 | -€1,417 | -31.2% |
| Plant, machinery and equipment | 23 | €1,354 | €1,002 | -€352 | -26.0% |
| Furniture and vehicles | 24 | €3,191 | €2,127 | -€1,065 | -33.4% |
| Financial fixed assets | 28 | €5,685 | €5,685 | = | 0.0% |
| Current assets | 29/58 | €103,196 | €203,297 | +€100,101 | +97.0% |
| Amounts receivable within one year | 40/41 | €80,154 | €112,658 | +€32,504 | +40.6% |
| Trade receivables | 40 | €59,459 | €96,290 | +€36,831 | +61.9% |
| Other amounts receivable | 41 | €20,695 | €16,368 | -€4,327 | -20.9% |
| Cash at bank and in hand | 54/58 | €21,753 | €89,892 | +€68,139 | +313% |
| Deferred charges and accrued income | 490/1 | €1,290 | €748 | -€542 | -42.0% |
| Total equity and liabilities | 10/49 | €113,426 | €212,111 | +€98,685 | +87.0% |
| Equity | 10/15 | €78,175 | €134,104 | +€55,928 | +71.5% |
| Contributions | 10/11 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €47,392 | €121,920 | +€74,528 | +157% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €45,532 | €120,060 | +€74,528 | +164% |
| Profit (loss) carried forward | 14 | €12,183 | €12,183 | = | 0.0% |
| Amounts payable | 17/49 | €35,251 | €78,007 | +€42,756 | +121% |
| Amounts payable within one year | 42/48 | €27,813 | €78,007 | +€50,194 | +180% |
| Trade debts | 44 | €20,240 | €18,551 | -€1,689 | -8.3% |
| Suppliers | 440/4 | €20,240 | €18,551 | -€1,689 | -8.3% |
| Taxes, remuneration and social security | 45 | €7,573 | €31,887 | +€24,313 | +321% |
| Taxes | 450/3 | €7,573 | €31,887 | +€24,313 | +321% |
| Other amounts payable | 47/48 | - | €27,570 | +€27,570 | |
| Accrued charges and deferred income | 492/3 | €7,438 | - | -€7,438 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,417 | €1,417 | = | 0.0% |
| Other operating charges | 640/8 | €9,306 | €209 | -€9,097 | -97.8% |
| Gross operating margin | 9900 | €30,397 | €150,783 | +€120,385 | +396% |
| Operating profit (loss) | 9901 | €19,675 | €149,157 | +€129,482 | +658% |
| Financial charges | 65/66B | €153 | €93 | -€61 | -39.6% |
| Recurring financial charges | 65 | €153 | €93 | -€61 | -39.6% |
| Profit (loss) for the period before taxes | 9903 | €19,521 | €149,064 | +€129,543 | +664% |
| Income taxes | 67/77 | €7,544 | €48,466 | +€40,923 | +542% |
| Profit (loss) for the period | 9904 | €11,977 | €100,598 | +€88,620 | +740% |
| Profit (loss) for the period to be appropriated | 9905 | €11,977 | €100,598 | +€88,620 | +740% |
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 13 October 2026 via checked.be.