SKG IT: 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.
SKG IT
Largest movements
- Cash +€45,079
up €45,079 (+36.9%), from €122,158 to €167,237
mainly Net result for the year (+€46,163) and Receivables within one year (+€2,133)
- Receivables within one year -€2,133
down €2,133 (-20.3%), from €10,482 to €8,349
- Profit (loss) carried forward +€46,163
up €46,163 (+49.5%), from €93,218 to €139,381
- Tax, wage and social debts -€4,988
down €4,988 (-13.7%), from €36,426 to €31,438
of which Taxes: -€3,625
- Trade debts +€1,972
up €1,972 (+970.9%), from €203 to €2,175
- Gross operating margin -€31,469
down €31,469 (-33.7%), from €93,298 to €61,830
- Taxes -€6,273
down €6,273 (-34.1%), from €18,416 to €12,143
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 | €132,707 | €175,586 | +€42,880 | +32.3% |
| Current assets | 29/58 | €132,707 | €175,586 | +€42,880 | +32.3% |
| Amounts receivable within one year | 40/41 | €10,482 | €8,349 | -€2,133 | -20.3% |
| Trade receivables | 40 | €10,482 | €8,349 | -€2,133 | -20.3% |
| Cash at bank and in hand | 54/58 | €122,158 | €167,237 | +€45,079 | +36.9% |
| Deferred charges and accrued income | 490/1 | €67 | - | -€67 | |
| Total equity and liabilities | 10/49 | €132,707 | €175,586 | +€42,880 | +32.3% |
| Equity | 10/15 | €95,218 | €141,381 | +€46,163 | +48.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €93,218 | €139,381 | +€46,163 | +49.5% |
| Amounts payable | 17/49 | €37,488 | €34,205 | -€3,283 | -8.8% |
| Amounts payable within one year | 42/48 | €37,488 | €34,205 | -€3,283 | -8.8% |
| Trade debts | 44 | €203 | €2,175 | +€1,972 | +970.9% |
| Suppliers | 440/4 | €203 | €2,175 | +€1,972 | +970.9% |
| Taxes, remuneration and social security | 45 | €36,426 | €31,438 | -€4,988 | -13.7% |
| Taxes | 450/3 | €24,082 | €20,457 | -€3,625 | -15.1% |
| Remuneration and social security | 454/9 | €12,344 | €10,981 | -€1,363 | -11.0% |
| Other amounts payable | 47/48 | €859 | €591 | -€268 | -31.1% |
| Other operating charges | 640/8 | €115 | €326 | +€211 | +183.6% |
| Gross operating margin | 9900 | €93,298 | €61,830 | -€31,469 | -33.7% |
| Operating profit (loss) | 9901 | €93,184 | €61,504 | -€31,680 | -34.0% |
| Financial charges | 65/66B | €2,508 | €3,199 | +€690 | +27.5% |
| Recurring financial charges | 65 | €2,508 | €3,199 | +€690 | +27.5% |
| Profit (loss) for the period before taxes | 9903 | €90,675 | €58,305 | -€32,370 | -35.7% |
| Income taxes | 67/77 | €18,416 | €12,143 | -€6,273 | -34.1% |
| Profit (loss) for the period | 9904 | €72,259 | €46,163 | -€26,096 | -36.1% |
| Profit (loss) for the period to be appropriated | 9905 | €72,259 | €46,163 | -€26,096 | -36.1% |
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.