SKARABEE: 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.
SKARABEE
Largest movements
- Intangible fixed assets -€515,272
down €515,272 (-41.6%), from €1.2m to €722,516
- Cash -€332,874
down €332,874 (-77.7%), from €428,460 to €95,586
mainly Other debts (-€1.2m) and Tax, wage and social debts (-€118,281)
- Other debts -€1.2m
down €1.2m (-29.4%), from €4.2m to €3.0m
- Profit (loss) carried forward +€318,892
up €318,892 (+9.2%), from -€3.5m to -€3.1m
- Trade debts +€153,871
up €153,871 (+204%), from €75,439 to €229,310
- Tax, wage and social debts -€118,281
down €118,281 (-84.2%), from €140,481 to €22,200
of which Remuneration and social security: -€119,781
- Staff costs -€966,005
no longer reported in 2025 (was €966,005)
- Gross operating margin -€610,687
down €610,687 (-38.8%), from €1.6m to €963,590
- Depreciation -€549,696
down €549,696 (-51.0%), from €1.1m to €529,110
- Financial charges -€74,279
down €74,279 (-40.0%), from €185,613 to €111,334
- Financial income -€15,916
down €15,916 (-99.2%), from €16,047 to €130
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 | €2,200,109 | €1,325,453 | -€874,656 | -39.8% |
| Fixed assets | 21/28 | €1,271,548 | €740,276 | -€531,272 | -41.8% |
| Intangible fixed assets | 21 | €1,237,789 | €722,516 | -€515,272 | -41.6% |
| Tangible fixed assets | 22/27 | €31,598 | €17,760 | -€13,838 | -43.8% |
| Plant, machinery and equipment | 23 | €22,837 | €15,052 | -€7,785 | -34.1% |
| Furniture and vehicles | 24 | €8,761 | €2,708 | -€6,053 | -69.1% |
| Financial fixed assets | 28 | €2,162 | - | -€2,162 | |
| Current assets | 29/58 | €928,561 | €585,177 | -€343,384 | -37.0% |
| Amounts receivable within one year | 40/41 | €473,701 | €482,162 | +€8,461 | +1.8% |
| Trade receivables | 40 | €151,957 | €160,418 | +€8,461 | +5.6% |
| Other amounts receivable | 41 | €321,744 | €321,744 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €428,460 | €95,586 | -€332,874 | -77.7% |
| Deferred charges and accrued income | 490/1 | €26,401 | €7,429 | -€18,972 | -71.9% |
| Total equity and liabilities | 10/49 | €2,200,109 | €1,325,453 | -€874,656 | -39.8% |
| Equity | 10/15 | -€2,200,638 | -€1,881,747 | +€318,892 | +14.5% |
| Contributions | 10/11 | €1,204,289 | €1,204,289 | = | 0.0% |
| Capital | 10 | €276,289 | €276,289 | = | 0.0% |
| Issued capital | 100 | €276,289 | €276,289 | = | 0.0% |
| Contributions outside capital | 11 | €928,000 | €928,000 | = | 0.0% |
| Share premium | 1100/10 | €928,000 | €928,000 | = | 0.0% |
| Reserves | 13 | €58,406 | €58,406 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,934 | €6,934 | = | 0.0% |
| Legal reserve | 130 | €6,934 | €6,934 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,725 | €4,725 | = | 0.0% |
| Distributable reserves | 133 | €46,747 | €46,747 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,463,334 | -€3,144,442 | +€318,892 | +9.2% |
| Amounts payable | 17/49 | €4,400,748 | €3,207,200 | -€1.2m | -27.1% |
| Amounts payable within one year | 42/48 | €4,400,196 | €3,205,786 | -€1.2m | -27.1% |
| Trade debts | 44 | €75,439 | €229,310 | +€153,871 | +204% |
| Suppliers | 440/4 | €75,439 | €229,310 | +€153,871 | +204% |
| Taxes, remuneration and social security | 45 | €140,481 | €22,200 | -€118,281 | -84.2% |
| Taxes | 450/3 | €20,700 | €22,200 | +€1,500 | +7.2% |
| Remuneration and social security | 454/9 | €119,781 | - | -€119,781 | |
| Other amounts payable | 47/48 | €4,184,275 | €2,954,275 | -€1.2m | -29.4% |
| Accrued charges and deferred income | 492/3 | €552 | €1,414 | +€862 | +156% |
| Remuneration, social security and pensions | 62 | €966,005 | - | -€966,005 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,078,807 | €529,110 | -€549,696 | -51.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,256 | +€2,256 | |
| Other operating charges | 640/8 | €1,790 | €2,094 | +€304 | +17.0% |
| Non-recurring operating charges | 66A | €1,593,534 | - | -€1.6m | |
| Gross operating margin | 9900 | €1,574,278 | €963,590 | -€610,687 | -38.8% |
| Operating profit (loss) | 9901 | -€2,065,858 | €430,130 | +€2.5m | |
| Financial income | 75/76B | €16,047 | €130 | -€15,916 | -99.2% |
| Recurring financial income | 75 | €16,047 | €130 | -€15,916 | -99.2% |
| Financial charges | 65/66B | €185,613 | €111,334 | -€74,279 | -40.0% |
| Recurring financial charges | 65 | €185,613 | €111,334 | -€74,279 | -40.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,235,425 | €318,926 | +€2.6m | |
| Income taxes | 67/77 | €10,989 | €34 | -€10,955 | -99.7% |
| Profit (loss) for the period | 9904 | -€2,246,414 | €318,892 | +€2.6m | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,246,414 | €318,892 | +€2.6m |
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 20 October 2026 via checked.be.