SKAPISOFACADE: 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.
SKAPISOFACADE
Largest movements
- Receivables within one year -€81,537
down €81,537 (-33.4%), from €243,838 to €162,302
of which Trade receivables: -€74,171
- Financial fixed assets +€11,480
up €11,480 (+7.0%), from €163,853 to €175,332
- Short-term financial debts -€47,700
down €47,700 (-100.0%), from €47,705 to €5
- Reserves +€20,000
new in 2025: €20,000
- Tax, wage and social debts -€19,553
down €19,553 (-17.8%), from €109,797 to €90,244
of which Taxes: -€17,406
- Profit (loss) carried forward -€18,493
down €18,493 (-71.0%), from €26,055 to €7,561
- Debts after one year -€12,829
down €12,829 (-50.0%), from €25,680 to €12,851
- Gross operating margin +€108,410
up €108,410 (+47.9%), from €226,554 to €334,965
- Financial charges +€47,895
up €47,895 (+137%), from €34,897 to €82,792
- Staff costs +€22,797
up €22,797 (+17.3%), from €131,952 to €154,749
- Taxes +€19,699
up €19,699 (+173%), from €11,407 to €31,106
- Depreciation +€4,949
up €4,949 (+52.6%), from €9,409 to €14,358
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 | €481,394 | €407,964 | -€73,431 | -15.3% |
| Fixed assets | 21/28 | €199,764 | €212,840 | +€13,076 | +6.5% |
| Tangible fixed assets | 22/27 | €35,911 | €37,508 | +€1,596 | +4.4% |
| Plant, machinery and equipment | 23 | €659 | €190 | -€469 | -71.2% |
| Furniture and vehicles | 24 | €35,252 | €37,318 | +€2,065 | +5.9% |
| Financial fixed assets | 28 | €163,853 | €175,332 | +€11,480 | +7.0% |
| Current assets | 29/58 | €281,630 | €195,124 | -€86,507 | -30.7% |
| Stocks and contracts in progress | 3 | €35,173 | €31,314 | -€3,859 | -11.0% |
| Stocks | 30/36 | €35,173 | €31,314 | -€3,859 | -11.0% |
| Amounts receivable within one year | 40/41 | €243,838 | €162,302 | -€81,537 | -33.4% |
| Trade receivables | 40 | €211,927 | €137,756 | -€74,171 | -35.0% |
| Other amounts receivable | 41 | €31,912 | €24,546 | -€7,366 | -23.1% |
| Cash at bank and in hand | 54/58 | €567 | €790 | +€223 | +39.3% |
| Deferred charges and accrued income | 490/1 | €2,052 | €718 | -€1,333 | -65.0% |
| Total equity and liabilities | 10/49 | €481,394 | €407,964 | -€73,431 | -15.3% |
| Equity | 10/15 | €38,555 | €40,061 | +€1,507 | +3.9% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | - | €20,000 | +€20,000 | |
| Distributable reserves | 133 | - | €20,000 | +€20,000 | |
| Profit (loss) carried forward | 14 | €26,055 | €7,561 | -€18,493 | -71.0% |
| Amounts payable | 17/49 | €442,839 | €367,902 | -€74,937 | -16.9% |
| Amounts payable after more than one year | 17 | €25,680 | €12,851 | -€12,829 | -50.0% |
| Financial debts | 170/4 | €25,680 | €12,851 | -€12,829 | -50.0% |
| Amounts payable within one year | 42/48 | €417,160 | €355,051 | -€62,108 | -14.9% |
| Current portion of amounts payable after more than one year | 42 | €19,519 | €18,851 | -€668 | -3.4% |
| Financial debts | 43 | €47,705 | €5 | -€47,700 | -100.0% |
| Credit institutions | 430/8 | €47,705 | €5 | -€47,700 | -100.0% |
| Trade debts | 44 | €190,752 | €187,658 | -€3,094 | -1.6% |
| Suppliers | 440/4 | €190,752 | €187,658 | -€3,094 | -1.6% |
| Taxes, remuneration and social security | 45 | €109,797 | €90,244 | -€19,553 | -17.8% |
| Taxes | 450/3 | €80,356 | €62,951 | -€17,406 | -21.7% |
| Remuneration and social security | 454/9 | €29,441 | €27,294 | -€2,147 | -7.3% |
| Other amounts payable | 47/48 | €49,387 | €58,292 | +€8,906 | +18.0% |
| Remuneration, social security and pensions | 62 | €131,952 | €154,749 | +€22,797 | +17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,409 | €14,358 | +€4,949 | +52.6% |
| Other operating charges | 640/8 | €17,904 | €18,467 | +€563 | +3.1% |
| Gross operating margin | 9900 | €226,554 | €334,965 | +€108,410 | +47.9% |
| Operating profit (loss) | 9901 | €67,289 | €147,390 | +€80,101 | +119% |
| Financial income | 75/76B | €871 | €14 | -€857 | -98.4% |
| Recurring financial income | 75 | €871 | €14 | -€857 | -98.4% |
| Financial charges | 65/66B | €34,897 | €82,792 | +€47,895 | +137% |
| Recurring financial charges | 65 | €34,897 | €82,792 | +€47,895 | +137% |
| Profit (loss) for the period before taxes | 9903 | €33,263 | €64,612 | +€31,349 | +94.2% |
| Income taxes | 67/77 | €11,407 | €31,106 | +€19,699 | +173% |
| Profit (loss) for the period | 9904 | €21,856 | €33,507 | +€11,651 | +53.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,856 | €33,507 | +€11,651 | +53.3% |
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 28 October 2026 via checked.be.