SKEVO: 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.
SKEVO
Largest movements
- Receivables within one year +€46,597
up €46,597 (+65.1%), from €71,576 to €118,173
of which Trade receivables: +€46,207
- Cash -€4,710
down €4,710 (-94.0%), from €5,012 to €302
mainly Receivables within one year (-€46,597) and Debts after one year (-€5,947)
- Tangible fixed assets -€3,157
down €3,157 (-27.3%), from €11,567 to €8,410
- Advances received +€23,915
up €23,915 (+375.9%), from €6,363 to €30,278
- Current portion of long-term debt +€11,733
new in 2025: €11,733
- Trade debts +€11,319
up €11,319 (+37.2%), from €30,457 to €41,776
- Debts after one year -€5,947
down €5,947 (-53.1%), from €11,201 to €5,254
- Other debts -€4,452
down €4,452 (-12.6%), from €35,427 to €30,975
- Purchases and services +€45,654
up €45,654 (+44.5%), from €102,499 to €148,153
- Gross operating margin +€13,069
up €13,069 (+36.1%), from €36,204 to €49,272
- Financial charges +€6,421
up €6,421 (+609.4%), from €1,054 to €7,475
- Staff costs +€5,423
up €5,423 (+20.8%), from €26,075 to €31,498
- Financial income -€1,231
no longer reported in 2025 (was €1,231)
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 | €126,792 | €165,521 | +€38,730 | +30.5% |
| Fixed assets | 21/28 | €11,837 | €8,680 | -€3,157 | -26.7% |
| Tangible fixed assets | 22/27 | €11,567 | €8,410 | -€3,157 | -27.3% |
| Furniture and vehicles | 24 | €11,567 | €8,410 | -€3,157 | -27.3% |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €114,954 | €156,841 | +€41,887 | +36.4% |
| Stocks and contracts in progress | 3 | €38,367 | €38,367 | = | 0.0% |
| Stocks | 30/36 | €38,367 | €38,367 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €71,576 | €118,173 | +€46,597 | +65.1% |
| Trade receivables | 40 | €71,463 | €117,669 | +€46,207 | +64.7% |
| Other amounts receivable | 41 | €113 | €503 | +€390 | +344.9% |
| Cash at bank and in hand | 54/58 | €5,012 | €302 | -€4,710 | -94.0% |
| Total equity and liabilities | 10/49 | €126,792 | €165,521 | +€38,730 | +30.5% |
| Equity | 10/15 | €37,086 | €39,764 | +€2,678 | +7.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €16,626 | €19,304 | +€2,678 | +16.1% |
| Amounts payable | 17/49 | €89,706 | €125,757 | +€36,051 | +40.2% |
| Amounts payable after more than one year | 17 | €11,201 | €5,254 | -€5,947 | -53.1% |
| Financial debts | 170/4 | €11,201 | €5,254 | -€5,947 | -53.1% |
| Amounts payable within one year | 42/48 | €78,505 | €120,503 | +€41,998 | +53.5% |
| Current portion of amounts payable after more than one year | 42 | - | €11,733 | +€11,733 | |
| Trade debts | 44 | €30,457 | €41,776 | +€11,319 | +37.2% |
| Suppliers | 440/4 | €30,457 | €41,776 | +€11,319 | +37.2% |
| Advances received on contracts in progress | 46 | €6,363 | €30,278 | +€23,915 | +375.9% |
| Taxes, remuneration and social security | 45 | €6,257 | €5,741 | -€516 | -8.3% |
| Taxes | 450/3 | €1,537 | €31 | -€1,506 | -98.0% |
| Remuneration and social security | 454/9 | €4,720 | €5,710 | +€990 | +21.0% |
| Other amounts payable | 47/48 | €35,427 | €30,975 | -€4,452 | -12.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €102,499 | €148,153 | +€45,654 | +44.5% |
| Remuneration, social security and pensions | 62 | €26,075 | €31,498 | +€5,423 | +20.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,157 | €3,157 | +€0 | 0.0% |
| Other operating charges | 640/8 | €5,086 | €4,276 | -€810 | -15.9% |
| Gross operating margin | 9900 | €36,204 | €49,272 | +€13,069 | +36.1% |
| Operating profit (loss) | 9901 | €1,885 | €10,341 | +€8,456 | +448.6% |
| Financial income | 75/76B | €1,231 | - | -€1,231 | |
| Recurring financial income | 75 | €1,231 | - | -€1,231 | |
| Financial charges | 65/66B | €1,054 | €7,475 | +€6,421 | +609.4% |
| Recurring financial charges | 65 | €1,054 | €7,475 | +€6,421 | +609.4% |
| Profit (loss) for the period before taxes | 9903 | €2,062 | €2,866 | +€804 | +39.0% |
| Income taxes | 67/77 | -€551 | €188 | +€739 | |
| Profit (loss) for the period | 9904 | €2,613 | €2,678 | +€65 | +2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,613 | €2,678 | +€65 | +2.5% |
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 10 October 2026 via checked.be.