SKC BELGIUM: 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.
SKC BELGIUM
Largest movements
- Receivables within one year +€67,335
up €67,335 (+128%), from €52,591 to €119,926
of which Trade receivables: +€48,447
- Stocks and contracts -€12,271
down €12,271 (-5.1%), from €239,176 to €226,905
- Tangible fixed assets -€12,032
down €12,032 (-8.3%), from €144,500 to €132,468
of which Land and buildings: -€18,281
- Debts after one year +€86,097
up €86,097 (+36.6%), from €235,083 to €321,180
- Profit (loss) carried forward -€24,714
down €24,714 (-11.3%), from -€219,289 to -€244,003
- Short-term financial debts -€16,400
no longer reported in 2024 (was €16,400)
- Turnover -€78,132
no longer reported in 2024 (was €78,132)
- Financial charges +€59,478
new in 2024: €59,478
- Purchases and services -€24,393
no longer reported in 2024 (was €24,393)
- Gross operating margin +€11,745
up €11,745 (+22.9%), from €51,209 to €62,954
- Other operating charges -€1,830
down €1,830 (-86.4%), from €2,119 to €289
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €440,918 | €481,745 | +€40,827 | +9.3% |
| Fixed assets | 21/28 | €149,151 | €132,468 | -€16,683 | -11.2% |
| Intangible fixed assets | 21 | €4,651 | - | -€4,651 | |
| Tangible fixed assets | 22/27 | €144,500 | €132,468 | -€12,032 | -8.3% |
| Land and buildings | 22 | €134,889 | €116,608 | -€18,281 | -13.6% |
| Plant, machinery and equipment | 23 | €9,397 | €15,860 | +€6,463 | +68.8% |
| Furniture and vehicles | 24 | €214 | €0 | -€214 | -100.0% |
| Current assets | 29/58 | €291,767 | €349,276 | +€57,509 | +19.7% |
| Stocks and contracts in progress | 3 | €239,176 | €226,905 | -€12,271 | -5.1% |
| Stocks | 30/36 | €239,176 | €226,905 | -€12,271 | -5.1% |
| Amounts receivable within one year | 40/41 | €52,591 | €119,926 | +€67,335 | +128% |
| Trade receivables | 40 | €52,591 | €101,038 | +€48,447 | +92.1% |
| Other amounts receivable | 41 | - | €18,888 | +€18,888 | |
| Cash at bank and in hand | 54/58 | - | €2,445 | +€2,445 | |
| Total equity and liabilities | 10/49 | €440,918 | €481,745 | +€40,827 | +9.3% |
| Equity | 10/15 | €180,711 | €155,997 | -€24,714 | -13.7% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Capital | 10 | €400,000 | - | -€400,000 | |
| Issued capital | 100 | €400,000 | - | -€400,000 | |
| Profit (loss) carried forward | 14 | -€219,289 | -€244,003 | -€24,714 | -11.3% |
| Amounts payable | 17/49 | €260,207 | €325,748 | +€65,541 | +25.2% |
| Amounts payable after more than one year | 17 | €235,083 | €321,180 | +€86,097 | +36.6% |
| Financial debts | 170/4 | €235,083 | €321,180 | +€86,097 | +36.6% |
| Amounts payable within one year | 42/48 | €25,124 | €4,568 | -€20,556 | -81.8% |
| Current portion of amounts payable after more than one year | 42 | - | €3,540 | +€3,540 | |
| Financial debts | 43 | €16,400 | - | -€16,400 | |
| Credit institutions | 430/8 | €16,400 | - | -€16,400 | |
| Trade debts | 44 | €3,919 | €1,028 | -€2,891 | -73.8% |
| Suppliers | 440/4 | €3,919 | €1,028 | -€2,891 | -73.8% |
| Taxes, remuneration and social security | 45 | €2,669 | - | -€2,669 | |
| Taxes | 450/3 | €2,669 | - | -€2,669 | |
| Other amounts payable | 47/48 | €2,136 | - | -€2,136 | |
| Turnover | 70 | €78,132 | - | -€78,132 | |
| Goods, raw materials, services and sundry goods | 60/61 | €24,393 | - | -€24,393 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,573 | €27,933 | +€1,360 | +5.1% |
| Other operating charges | 640/8 | €2,119 | €289 | -€1,830 | -86.4% |
| Gross operating margin | 9900 | €51,209 | €62,954 | +€11,745 | +22.9% |
| Operating profit (loss) | 9901 | €22,517 | €34,732 | +€12,215 | +54.2% |
| Financial income | 75/76B | - | €32 | +€32 | |
| Recurring financial income | 75 | - | €32 | +€32 | |
| Financial charges | 65/66B | - | €59,478 | +€59,478 | |
| Recurring financial charges | 65 | - | €59,478 | +€59,478 | |
| Profit (loss) for the period before taxes | 9903 | €22,517 | -€24,714 | -€47,231 | |
| Profit (loss) for the period | 9904 | €22,517 | -€24,714 | -€47,231 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,517 | -€24,714 | -€47,231 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.