SKELETON YOUTH: 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 YOUTH
Largest movements
- Receivables within one year +€149,216
up €149,216 (+65.3%), from €228,613 to €377,829
of which Other amounts receivable: +€123,316
- Tangible fixed assets -€44,115
down €44,115 (-2.1%), from €2.1m to €2.1m
of which Land and buildings: -€63,478
- Reserves +€97,849
up €97,849 (+13.7%), from €714,589 to €812,438
of which Distributable reserves: +€97,849
- Trade debts +€96,680
up €96,680 (+150%), from €64,241 to €160,922
- Debts after one year -€66,940
down €66,940 (-4.7%), from €1.4m to €1.4m
- Gross operating margin -€55,639
down €55,639 (-12.3%), from €451,218 to €395,579
- Taxes -€20,656
down €20,656 (-29.7%), from €69,651 to €48,994
- Depreciation +€18,215
up €18,215 (+11.8%), from €154,848 to €173,063
- Financial charges -€7,889
down €7,889 (-11.0%), from €71,537 to €63,648
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 | €2,376,889 | €2,494,338 | +€117,449 | +4.9% |
| Fixed assets | 21/28 | €2,139,678 | €2,095,412 | -€44,265 | -2.1% |
| Tangible fixed assets | 22/27 | €2,139,218 | €2,095,102 | -€44,115 | -2.1% |
| Land and buildings | 22 | €1,871,623 | €1,808,145 | -€63,478 | -3.4% |
| Plant, machinery and equipment | 23 | €238,973 | €232,579 | -€6,395 | -2.7% |
| Furniture and vehicles | 24 | €28,622 | €54,379 | +€25,757 | +90.0% |
| Financial fixed assets | 28 | €460 | €310 | -€150 | -32.6% |
| Current assets | 29/58 | €237,212 | €398,926 | +€161,714 | +68.2% |
| Amounts receivable within one year | 40/41 | €228,613 | €377,829 | +€149,216 | +65.3% |
| Trade receivables | 40 | €8,819 | €34,719 | +€25,900 | +294% |
| Other amounts receivable | 41 | €219,794 | €343,110 | +€123,316 | +56.1% |
| Cash at bank and in hand | 54/58 | €3,966 | €10,111 | +€6,146 | +155% |
| Deferred charges and accrued income | 490/1 | €4,632 | €10,985 | +€6,353 | +137% |
| Total equity and liabilities | 10/49 | €2,376,889 | €2,494,338 | +€117,449 | +4.9% |
| Equity | 10/15 | €737,911 | €834,580 | +€96,669 | +13.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €714,589 | €812,438 | +€97,849 | +13.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €712,729 | €810,578 | +€97,849 | +13.7% |
| Investment grants | 15 | €4,723 | €3,542 | -€1,181 | -25.0% |
| Amounts payable | 17/49 | €1,638,978 | €1,659,758 | +€20,780 | +1.3% |
| Amounts payable after more than one year | 17 | €1,424,115 | €1,357,175 | -€66,940 | -4.7% |
| Financial debts | 170/4 | €1,424,115 | €1,357,175 | -€66,940 | -4.7% |
| Amounts payable within one year | 42/48 | €214,863 | €302,583 | +€87,721 | +40.8% |
| Current portion of amounts payable after more than one year | 42 | €136,305 | €134,625 | -€1,681 | -1.2% |
| Trade debts | 44 | €64,241 | €160,922 | +€96,680 | +150% |
| Suppliers | 440/4 | €64,241 | €160,922 | +€96,680 | +150% |
| Taxes, remuneration and social security | 45 | €7,923 | €6,207 | -€1,716 | -21.7% |
| Taxes | 450/3 | €7,923 | €6,207 | -€1,716 | -21.7% |
| Other amounts payable | 47/48 | €6,394 | €830 | -€5,564 | -87.0% |
| Non-recurring operating income | 76A | €25,000 | - | -€25,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €154,848 | €173,063 | +€18,215 | +11.8% |
| Other operating charges | 640/8 | €13,368 | €11,889 | -€1,479 | -11.1% |
| Non-recurring operating charges | 66A | €1,380 | €1,003 | -€378 | -27.3% |
| Gross operating margin | 9900 | €451,218 | €395,579 | -€55,639 | -12.3% |
| Operating profit (loss) | 9901 | €281,622 | €209,624 | -€71,998 | -25.6% |
| Financial income | 75/76B | €1,634 | €1,697 | +€63 | +3.8% |
| Recurring financial income | 75 | €1,634 | €1,697 | +€63 | +3.8% |
| Financial charges | 65/66B | €71,537 | €63,648 | -€7,889 | -11.0% |
| Recurring financial charges | 65 | €71,537 | €63,648 | -€7,889 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €211,720 | €147,673 | -€64,046 | -30.3% |
| Income taxes | 67/77 | €69,651 | €48,994 | -€20,656 | -29.7% |
| Profit (loss) for the period | 9904 | €142,069 | €98,679 | -€43,390 | -30.5% |
| Profit (loss) for the period to be appropriated | 9905 | €142,069 | €98,679 | -€43,390 | -30.5% |
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 19 October 2026 via checked.be.