SKENDATRANS: 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.
SKENDATRANS
Largest movements
- Receivables within one year -€48,352
down €48,352 (-31.4%), from €153,934 to €105,582
of which Trade receivables: -€26,110
- Tangible fixed assets -€26,935
down €26,935 (-11.3%), from €238,724 to €211,789
of which Furniture and vehicles: -€32,745
- Cash +€7,359
up €7,359 (+12.2%), from €60,403 to €67,762
mainly Receivables within one year (+€48,352) and Depreciation (+€42,208)
- Debts after one year -€52,099
down €52,099 (-43.2%), from €120,534 to €68,435
- Profit (loss) carried forward -€31,826
down €31,826 (-28.5%), from €111,629 to €79,803
- Tax, wage and social debts +€22,296
up €22,296 (+107%), from €20,828 to €43,124
of which Taxes: +€19,825
- Other debts +€19,796
new in 2025: €19,796
- Current portion of long-term debt -€19,525
down €19,525 (-27.5%), from €71,020 to €51,495
- Staff costs +€40,317
up €40,317 (+365%), from €11,043 to €51,360
- Gross operating margin +€12,166
up €12,166 (+14.7%), from €82,649 to €94,816
- Depreciation -€10,537
down €10,537 (-20.0%), from €52,745 to €42,208
- Taxes -€4,622
down €4,622 (-91.8%), from €5,036 to €414
- Financial income +€3,758
up €3,758 (+296%), from €1,271 to €5,029
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 | €456,519 | €388,453 | -€68,066 | -14.9% |
| Fixed assets | 21/28 | €242,044 | €215,109 | -€26,935 | -11.1% |
| Tangible fixed assets | 22/27 | €238,724 | €211,789 | -€26,935 | -11.3% |
| Land and buildings | 22 | €162,000 | €170,100 | +€8,100 | +5.0% |
| Plant, machinery and equipment | 23 | €1,158 | - | -€1,158 | |
| Furniture and vehicles | 24 | €70,862 | €38,117 | -€32,745 | -46.2% |
| Other tangible fixed assets | 26 | €4,703 | €3,572 | -€1,131 | -24.1% |
| Financial fixed assets | 28 | €3,320 | €3,320 | = | 0.0% |
| Current assets | 29/58 | €214,475 | €173,344 | -€41,132 | -19.2% |
| Amounts receivable within one year | 40/41 | €153,934 | €105,582 | -€48,352 | -31.4% |
| Trade receivables | 40 | €126,022 | €99,912 | -€26,110 | -20.7% |
| Other amounts receivable | 41 | €27,911 | €5,670 | -€22,242 | -79.7% |
| Cash at bank and in hand | 54/58 | €60,403 | €67,762 | +€7,359 | +12.2% |
| Deferred charges and accrued income | 490/1 | €138 | - | -€138 | |
| Total equity and liabilities | 10/49 | €456,519 | €388,453 | -€68,066 | -14.9% |
| Equity | 10/15 | €213,650 | €181,823 | -€31,826 | -14.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €83,421 | €83,421 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €81,561 | €81,561 | = | 0.0% |
| Profit (loss) carried forward | 14 | €111,629 | €79,803 | -€31,826 | -28.5% |
| Amounts payable | 17/49 | €242,870 | €206,630 | -€36,240 | -14.9% |
| Amounts payable after more than one year | 17 | €120,534 | €68,435 | -€52,099 | -43.2% |
| Financial debts | 170/4 | €120,534 | €68,435 | -€52,099 | -43.2% |
| Amounts payable within one year | 42/48 | €122,335 | €138,194 | +€15,859 | +13.0% |
| Current portion of amounts payable after more than one year | 42 | €71,020 | €51,495 | -€19,525 | -27.5% |
| Trade debts | 44 | €30,487 | €23,779 | -€6,708 | -22.0% |
| Suppliers | 440/4 | €30,487 | €23,779 | -€6,708 | -22.0% |
| Taxes, remuneration and social security | 45 | €20,828 | €43,124 | +€22,296 | +107% |
| Taxes | 450/3 | €10,574 | €30,398 | +€19,825 | +187% |
| Remuneration and social security | 454/9 | €10,254 | €12,726 | +€2,471 | +24.1% |
| Other amounts payable | 47/48 | - | €19,796 | +€19,796 | |
| Non-recurring operating income | 76A | - | €50,598 | +€50,598 | |
| Remuneration, social security and pensions | 62 | €11,043 | €51,360 | +€40,317 | +365% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,745 | €42,208 | -€10,537 | -20.0% |
| Other operating charges | 640/8 | €6,147 | €6,493 | +€346 | +5.6% |
| Gross operating margin | 9900 | €82,649 | €94,816 | +€12,166 | +14.7% |
| Operating profit (loss) | 9901 | €12,714 | -€5,246 | -€17,960 | |
| Financial income | 75/76B | €1,271 | €5,029 | +€3,758 | +296% |
| Recurring financial income | 75 | €1,271 | €5,029 | +€3,758 | +296% |
| Financial charges | 65/66B | €7,076 | €6,195 | -€880 | -12.4% |
| Recurring financial charges | 65 | €7,076 | €6,195 | -€880 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | €6,909 | -€6,412 | -€13,321 | |
| Income taxes | 67/77 | €5,036 | €414 | -€4,622 | -91.8% |
| Profit (loss) for the period | 9904 | €1,873 | -€6,826 | -€8,700 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,873 | -€6,826 | -€8,700 |
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.