SKEPTIC: 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.
SKEPTIC
Largest movements
- Cash +€44,593
up €44,593 (+110.5%), from €40,363 to €84,956
mainly Net result for the year (+€39,020) and Receivables within one year (+€11,736)
- Receivables within one year -€11,736
down €11,736 (-43.5%), from €26,988 to €15,252
of which Trade receivables: -€12,154
- Deferred charges and accrued income +€9,513
up €9,513 (+1935.1%), from €492 to €10,005
- Tangible fixed assets -€1,203
down €1,203 (-41.1%), from €2,925 to €1,722
- Profit (loss) carried forward +€39,020
up €39,020 (+67.5%), from €57,807 to €96,827
- Tax, wage and social debts +€3,853
up €3,853 (+64.8%), from €5,947 to €9,800
- Other debts -€2,802
down €2,802 (-64.2%), from €4,363 to €1,561
- Contributions +€1,500
up €1,500 (+100.0%), from €1,500 to €3,000
- Gross operating margin +€1,926
up €1,926 (+3.7%), from €51,666 to €53,592
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 | €70,767 | €111,934 | +€41,167 | +58.2% |
| Fixed assets | 21/28 | €2,925 | €1,722 | -€1,203 | -41.1% |
| Tangible fixed assets | 22/27 | €2,925 | €1,722 | -€1,203 | -41.1% |
| Furniture and vehicles | 24 | €2,925 | €1,722 | -€1,203 | -41.1% |
| Current assets | 29/58 | €67,842 | €110,212 | +€42,370 | +62.5% |
| Amounts receivable within one year | 40/41 | €26,988 | €15,252 | -€11,736 | -43.5% |
| Trade receivables | 40 | €26,348 | €14,193 | -€12,154 | -46.1% |
| Other amounts receivable | 41 | €640 | €1,059 | +€419 | +65.4% |
| Cash at bank and in hand | 54/58 | €40,363 | €84,956 | +€44,593 | +110.5% |
| Deferred charges and accrued income | 490/1 | €492 | €10,005 | +€9,513 | +1935.1% |
| Total equity and liabilities | 10/49 | €70,767 | €111,934 | +€41,167 | +58.2% |
| Equity | 10/15 | €59,307 | €99,827 | +€40,520 | +68.3% |
| Contributions | 10/11 | €1,500 | €3,000 | +€1,500 | +100.0% |
| Profit (loss) carried forward | 14 | €57,807 | €96,827 | +€39,020 | +67.5% |
| Amounts payable | 17/49 | €11,461 | €12,108 | +€647 | +5.6% |
| Amounts payable within one year | 42/48 | €11,461 | €12,108 | +€647 | +5.6% |
| Trade debts | 44 | €1,151 | €747 | -€404 | -35.1% |
| Suppliers | 440/4 | €1,151 | €747 | -€404 | -35.1% |
| Taxes, remuneration and social security | 45 | €5,947 | €9,800 | +€3,853 | +64.8% |
| Taxes | 450/3 | €5,947 | €9,800 | +€3,853 | +64.8% |
| Other amounts payable | 47/48 | €4,363 | €1,561 | -€2,802 | -64.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,334 | €1,203 | -€131 | -9.8% |
| Other operating charges | 640/8 | €476 | €844 | +€368 | +77.3% |
| Gross operating margin | 9900 | €51,666 | €53,592 | +€1,926 | +3.7% |
| Operating profit (loss) | 9901 | €49,856 | €51,545 | +€1,689 | +3.4% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €1,686 | €1,744 | +€58 | +3.4% |
| Recurring financial charges | 65 | €1,686 | €1,744 | +€58 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €48,172 | €49,802 | +€1,629 | +3.4% |
| Income taxes | 67/77 | €10,360 | €10,781 | +€421 | +4.1% |
| Profit (loss) for the period | 9904 | €37,812 | €39,020 | +€1,208 | +3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €37,812 | €39,020 | +€1,208 | +3.2% |
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.