SKEPPER: 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.
SKEPPER
Largest movements
- Cash +€8,218
up €8,218 (+130.0%), from €6,323 to €14,541
mainly Net result for the year (+€65,124) and Other debts (+€6,850)
- Receivables within one year +€6,379
up €6,379 (+10.5%), from €60,996 to €67,375
- Tangible fixed assets -€1,068
down €1,068 (-95.1%), from €1,124 to €55
- Profit (loss) carried forward +€10,124
up €10,124 (+2715.6%), from €373 to €10,497
- Other debts +€6,850
up €6,850 (+17.9%), from €38,361 to €45,211
- Tax, wage and social debts -€3,043
down €3,043 (-12.3%), from €24,745 to €21,702
of which Taxes: -€3,043
- Gross operating margin +€26,044
up €26,044 (+44.1%), from €59,103 to €85,147
- Taxes +€5,357
up €5,357 (+44.6%), from €12,019 to €17,376
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 | €68,443 | €81,972 | +€13,529 | +19.8% |
| Fixed assets | 21/28 | €1,124 | €55 | -€1,068 | -95.1% |
| Tangible fixed assets | 22/27 | €1,124 | €55 | -€1,068 | -95.1% |
| Furniture and vehicles | 24 | €1,124 | €55 | -€1,068 | -95.1% |
| Current assets | 29/58 | €67,319 | €81,916 | +€14,597 | +21.7% |
| Amounts receivable within one year | 40/41 | €60,996 | €67,375 | +€6,379 | +10.5% |
| Trade receivables | 40 | €60,996 | €67,375 | +€6,379 | +10.5% |
| Cash at bank and in hand | 54/58 | €6,323 | €14,541 | +€8,218 | +130.0% |
| Total equity and liabilities | 10/49 | €68,443 | €81,972 | +€13,529 | +19.8% |
| Equity | 10/15 | €374 | €10,498 | +€10,124 | +2708.4% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €373 | €10,497 | +€10,124 | +2715.6% |
| Amounts payable | 17/49 | €68,069 | €71,474 | +€3,405 | +5.0% |
| Amounts payable within one year | 42/48 | €68,069 | €71,474 | +€3,405 | +5.0% |
| Trade debts | 44 | €4,963 | €4,562 | -€401 | -8.1% |
| Suppliers | 440/4 | €4,963 | €4,562 | -€401 | -8.1% |
| Taxes, remuneration and social security | 45 | €24,745 | €21,702 | -€3,043 | -12.3% |
| Taxes | 450/3 | €20,845 | €17,802 | -€3,043 | -14.6% |
| Remuneration and social security | 454/9 | €3,900 | €3,900 | = | 0.0% |
| Other amounts payable | 47/48 | €38,361 | €45,211 | +€6,850 | +17.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,068 | €1,068 | = | 0.0% |
| Other operating charges | 640/8 | €778 | €1,368 | +€590 | +75.8% |
| Gross operating margin | 9900 | €59,103 | €85,147 | +€26,044 | +44.1% |
| Operating profit (loss) | 9901 | €57,256 | €82,710 | +€25,454 | +44.5% |
| Financial charges | 65/66B | €154 | €211 | +€56 | +36.4% |
| Recurring financial charges | 65 | €154 | €211 | +€56 | +36.4% |
| Profit (loss) for the period before taxes | 9903 | €57,102 | €82,500 | +€25,398 | +44.5% |
| Income taxes | 67/77 | €12,019 | €17,376 | +€5,357 | +44.6% |
| Profit (loss) for the period | 9904 | €45,082 | €65,124 | +€20,041 | +44.5% |
| Profit (loss) for the period to be appropriated | 9905 | €45,082 | €65,124 | +€20,041 | +44.5% |
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 8 October 2026 via checked.be.