SKAVI: what changed
Two fiscal 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.
SKAVI
Largest movements
- Tangible fixed assets -€18,845
down €18,845 (-6.0%), from €314,747 to €295,902
of which Furniture and vehicles: -€13,567
- Cash +€11,397
up €11,397 (+45.7%), from €24,965 to €36,361
mainly Depreciation (+€34,280) and Net result for the year (+€9,007)
- Receivables within one year +€5,625
up €5,625 (+357.8%), from €1,572 to €7,197
of which Other amounts receivable: +€5,848
- Tax, wage and social debts -€17,519
down €17,519 (-93.5%), from €18,727 to €1,208
of which Taxes: -€14,271
- Reserves +€9,007
up €9,007 (+2.9%), from €311,417 to €320,424
of which Distributable reserves: +€10,862
- Other debts +€6,020
up €6,020 (+2081.7%), from €289 to €6,309
- Gross operating margin -€23,980
down €23,980 (-32.6%), from €73,617 to €49,637
- Financial income -€12,091
down €12,091 (-100.0%), from €12,094 to €2
- Taxes -€10,883
down €10,883 (-72.8%), from €14,958 to €4,075
- Depreciation +€9,110
up €9,110 (+36.2%), from €25,171 to €34,280
- Other operating charges +€1,693
up €1,693 (+387.1%), from €437 to €2,130
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.
Cash bridge derived
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 | €343,727 | €341,593 | -€2,135 | -0.6% |
| Fixed assets | 21/28 | €314,747 | €295,902 | -€18,845 | -6.0% |
| Tangible fixed assets | 22/27 | €314,747 | €295,902 | -€18,845 | -6.0% |
| Land and buildings | 22 | €274,808 | €271,613 | -€3,195 | -1.2% |
| Plant, machinery and equipment | 23 | €10,189 | €8,843 | -€1,346 | -13.2% |
| Furniture and vehicles | 24 | €28,900 | €15,333 | -€13,567 | -46.9% |
| Other tangible fixed assets | 26 | €850 | €113 | -€737 | -86.7% |
| Current assets | 29/58 | €28,981 | €45,691 | +€16,710 | +57.7% |
| Amounts receivable within one year | 40/41 | €1,572 | €7,197 | +€5,625 | +357.8% |
| Trade receivables | 40 | €1,374 | €1,151 | -€223 | -16.2% |
| Other amounts receivable | 41 | €198 | €6,046 | +€5,848 | +2947.8% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €24,965 | €36,361 | +€11,397 | +45.7% |
| Deferred charges and accrued income | 490/1 | €2,444 | €2,132 | -€312 | -12.8% |
| Total equity and liabilities | 10/49 | €343,727 | €341,593 | -€2,135 | -0.6% |
| Equity | 10/15 | €323,817 | €332,824 | +€9,007 | +2.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €311,417 | €320,424 | +€9,007 | +2.9% |
| Non-distributable reserves | 130/1 | €1,855 | €0 | -€1,855 | -100.0% |
| Reserves not available under the articles | 1311 | €1,855 | €0 | -€1,855 | -100.0% |
| Distributable reserves | 133 | €309,562 | €320,424 | +€10,862 | +3.5% |
| Amounts payable | 17/49 | €19,911 | €8,769 | -€11,142 | -56.0% |
| Amounts payable within one year | 42/48 | €19,911 | €8,769 | -€11,142 | -56.0% |
| Financial debts | 43 | €68 | €0 | -€68 | -100.0% |
| Other loans | 439 | €68 | €0 | -€68 | -100.0% |
| Trade debts | 44 | €827 | €1,252 | +€425 | +51.4% |
| Suppliers | 440/4 | €827 | €1,252 | +€425 | +51.4% |
| Taxes, remuneration and social security | 45 | €18,727 | €1,208 | -€17,519 | -93.5% |
| Taxes | 450/3 | €15,479 | €1,208 | -€14,271 | -92.2% |
| Remuneration and social security | 454/9 | €3,248 | €0 | -€3,248 | -100.0% |
| Other amounts payable | 47/48 | €289 | €6,309 | +€6,020 | +2081.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,171 | €34,280 | +€9,110 | +36.2% |
| Other operating charges | 640/8 | €437 | €2,130 | +€1,693 | +387.1% |
| Gross operating margin | 9900 | €73,617 | €49,637 | -€23,980 | -32.6% |
| Operating profit (loss) | 9901 | €48,009 | €13,226 | -€34,783 | -72.5% |
| Financial income | 75/76B | €12,094 | €2 | -€12,091 | -100.0% |
| Recurring financial income | 75 | €12,094 | €2 | -€12,091 | -100.0% |
| Financial charges | 65/66B | €560 | €145 | -€414 | -74.0% |
| Recurring financial charges | 65 | €560 | €145 | -€414 | -74.0% |
| Profit (loss) for the period before taxes | 9903 | €59,543 | €13,083 | -€46,460 | -78.0% |
| Income taxes | 67/77 | €14,958 | €4,075 | -€10,883 | -72.8% |
| Profit (loss) for the period | 9904 | €44,585 | €9,007 | -€35,577 | -79.8% |
| Profit (loss) for the period to be appropriated | 9905 | €44,585 | €9,007 | -€35,577 | -79.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.