SKELETON KEY CONSULTING: 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.
SKELETON KEY CONSULTING
Largest movements
- Cash +€72,557
up €72,557 (+42.4%), from €171,116 to €243,673
mainly Net result for the year (+€88,141) and Receivables within one year (+€2,126)
- Reserves +€88,141
up €88,141 (+61.0%), from €144,479 to €232,620
- Tax, wage and social debts -€19,240
down €19,240 (-36.5%), from €52,653 to €33,414
of which Taxes: -€19,240
- Gross operating margin -€78,121
down €78,121 (-41.0%), from €190,547 to €112,427
- Taxes -€18,887
down €18,887 (-44.7%), from €42,299 to €23,412
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 | €207,336 | €277,251 | +€69,915 | +33.7% |
| Fixed assets | 21/28 | €4,277 | €3,761 | -€516 | -12.1% |
| Tangible fixed assets | 22/27 | €4,277 | €3,761 | -€516 | -12.1% |
| Furniture and vehicles | 24 | €4,277 | €3,761 | -€516 | -12.1% |
| Current assets | 29/58 | €203,060 | €273,491 | +€70,431 | +34.7% |
| Amounts receivable within one year | 40/41 | €31,944 | €29,818 | -€2,126 | -6.7% |
| Trade receivables | 40 | €31,944 | €29,818 | -€2,126 | -6.7% |
| Cash at bank and in hand | 54/58 | €171,116 | €243,673 | +€72,557 | +42.4% |
| Total equity and liabilities | 10/49 | €207,336 | €277,251 | +€69,915 | +33.7% |
| Equity | 10/15 | €145,479 | €233,620 | +€88,141 | +60.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €144,479 | €232,620 | +€88,141 | +61.0% |
| Distributable reserves | 133 | €144,479 | €232,620 | +€88,141 | +61.0% |
| Amounts payable | 17/49 | €61,857 | €43,631 | -€18,226 | -29.5% |
| Amounts payable within one year | 42/48 | €61,857 | €43,631 | -€18,226 | -29.5% |
| Trade debts | 44 | €947 | €2,075 | +€1,129 | +119% |
| Suppliers | 440/4 | €947 | €2,075 | +€1,129 | +119% |
| Taxes, remuneration and social security | 45 | €52,653 | €33,414 | -€19,240 | -36.5% |
| Taxes | 450/3 | €51,053 | €31,814 | -€19,240 | -37.7% |
| Remuneration and social security | 454/9 | €1,600 | €1,600 | = | 0.0% |
| Other amounts payable | 47/48 | €8,257 | €8,142 | -€116 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,098 | €2,044 | -€54 | -2.6% |
| Other operating charges | 640/8 | €1,645 | €616 | -€1,028 | -62.5% |
| Gross operating margin | 9900 | €190,547 | €112,427 | -€78,121 | -41.0% |
| Operating profit (loss) | 9901 | €186,805 | €109,766 | -€77,039 | -41.2% |
| Financial income | 75/76B | €189 | €1,863 | +€1,675 | +886% |
| Recurring financial income | 75 | €189 | €1,863 | +€1,675 | +886% |
| Financial charges | 65/66B | €215 | €76 | -€140 | -64.8% |
| Recurring financial charges | 65 | €215 | €76 | -€140 | -64.8% |
| Profit (loss) for the period before taxes | 9903 | €186,778 | €111,554 | -€75,225 | -40.3% |
| Income taxes | 67/77 | €42,299 | €23,412 | -€18,887 | -44.7% |
| Profit (loss) for the period | 9904 | €144,479 | €88,141 | -€56,337 | -39.0% |
| Profit (loss) for the period to be appropriated | 9905 | €144,479 | €88,141 | -€56,337 | -39.0% |
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.