SKDD: 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.
SKDD
Largest movements
- Receivables within one year +€7,117
up €7,117 (+18.7%), from €38,080 to €45,197
of which Trade receivables: +€8,471
- Cash +€4,102
up €4,102 (+263.9%), from €1,554 to €5,656
mainly Tax, wage and social debts (+€11,163) and Other debts (+€8,881)
- Stocks and contracts -€855
down €855 (-31.4%), from €2,722 to €1,867
- Profit (loss) carried forward -€12,825
down €12,825 (-26.3%), from -€48,804 to -€61,629
- Tax, wage and social debts +€11,163
up €11,163 (+33.9%), from €32,971 to €44,134
of which Remuneration and social security: +€9,064
- Other debts +€8,881
up €8,881 (+35.8%), from €24,784 to €33,665
- Trade debts +€2,718
up €2,718 (+9.7%), from €28,027 to €30,746
- Staff costs -€5,442
down €5,442 (-18.9%), from €28,810 to €23,367
- Gross operating margin -€2,344
down €2,344 (-16.4%), from €14,319 to €11,975
- Financial charges -€840
down €840 (-96.6%), from €870 to €30
- Other operating charges -€648
down €648 (-39.9%), from €1,625 to €977
- Depreciation +€212
up €212 (+98.9%), from €215 to €427
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 | €43,447 | €53,384 | +€9,937 | +22.9% |
| Fixed assets | 21/28 | €792 | €365 | -€427 | -53.9% |
| Tangible fixed assets | 22/27 | €642 | €215 | -€427 | -66.5% |
| Furniture and vehicles | 24 | €642 | €215 | -€427 | -66.5% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €42,656 | €53,019 | +€10,364 | +24.3% |
| Stocks and contracts in progress | 3 | €2,722 | €1,867 | -€855 | -31.4% |
| Stocks | 30/36 | €2,722 | €1,867 | -€855 | -31.4% |
| Amounts receivable within one year | 40/41 | €38,080 | €45,197 | +€7,117 | +18.7% |
| Trade receivables | 40 | €36,021 | €44,492 | +€8,471 | +23.5% |
| Other amounts receivable | 41 | €2,059 | €705 | -€1,354 | -65.8% |
| Cash at bank and in hand | 54/58 | €1,554 | €5,656 | +€4,102 | +263.9% |
| Deferred charges and accrued income | 490/1 | €300 | €300 | = | 0.0% |
| Total equity and liabilities | 10/49 | €43,447 | €53,384 | +€9,937 | +22.9% |
| Equity | 10/15 | -€42,335 | -€55,160 | -€12,825 | -30.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €269 | €269 | = | 0.0% |
| Non-distributable reserves | 130/1 | €269 | €269 | = | 0.0% |
| Reserves not available under the articles | 1311 | €269 | €269 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,804 | -€61,629 | -€12,825 | -26.3% |
| Amounts payable | 17/49 | €85,783 | €108,544 | +€22,762 | +26.5% |
| Amounts payable within one year | 42/48 | €85,783 | €108,544 | +€22,762 | +26.5% |
| Trade debts | 44 | €28,027 | €30,746 | +€2,718 | +9.7% |
| Suppliers | 440/4 | €28,027 | €30,746 | +€2,718 | +9.7% |
| Taxes, remuneration and social security | 45 | €32,971 | €44,134 | +€11,163 | +33.9% |
| Taxes | 450/3 | €309 | €2,408 | +€2,099 | +678.6% |
| Remuneration and social security | 454/9 | €32,662 | €41,726 | +€9,064 | +27.8% |
| Other amounts payable | 47/48 | €24,784 | €33,665 | +€8,881 | +35.8% |
| Remuneration, social security and pensions | 62 | €28,810 | €23,367 | -€5,442 | -18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €215 | €427 | +€212 | +98.9% |
| Other operating charges | 640/8 | €1,625 | €977 | -€648 | -39.9% |
| Gross operating margin | 9900 | €14,319 | €11,975 | -€2,344 | -16.4% |
| Operating profit (loss) | 9901 | -€16,330 | -€12,796 | +€3,535 | +21.6% |
| Financial income | 75/76B | €0 | €0 | +€0 | +280.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +280.0% |
| Financial charges | 65/66B | €870 | €30 | -€840 | -96.6% |
| Recurring financial charges | 65 | €870 | €30 | -€840 | -96.6% |
| Profit (loss) for the period before taxes | 9903 | -€17,200 | -€12,825 | +€4,375 | +25.4% |
| Profit (loss) for the period | 9904 | -€17,200 | -€12,825 | +€4,375 | +25.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,200 | -€12,825 | +€4,375 | +25.4% |
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 5 October 2026 via checked.be.