SKICE DEVELOPMENT II: 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.
SKICE DEVELOPMENT II
Largest movements
- Intangible fixed assets -€52,747
down €52,747 (-50.4%), from €104,738 to €51,991
- Receivables within one year +€3,656
up €3,656 (+212%), from €1,725 to €5,381
of which Other amounts receivable: +€4,480
- Tangible fixed assets -€1,863
down €1,863 (-6.6%), from €28,166 to €26,302
of which Furniture and vehicles: -€2,747
- Profit (loss) carried forward -€131,034
down €131,034 (-7.1%), from -€1.9m to -€2.0m
- Other debts +€41,942
up €41,942 (+4.5%), from €942,430 to €984,371
- Debts after one year +€30,000
up €30,000 (+120%), from €25,000 to €55,000
- Trade debts +€7,388
up €7,388 (+1,554%), from €475 to €7,863
- Gross operating margin +€25,394
up €25,394 (+27.8%), from -€91,315 to -€65,921
- Depreciation -€11,256
down €11,256 (-14.9%), from €75,307 to €64,051
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 | €136,502 | €85,220 | -€51,282 | -37.6% |
| Fixed assets | 21/28 | €132,904 | €78,294 | -€54,610 | -41.1% |
| Intangible fixed assets | 21 | €104,738 | €51,991 | -€52,747 | -50.4% |
| Tangible fixed assets | 22/27 | €28,166 | €26,302 | -€1,863 | -6.6% |
| Land and buildings | 22 | €3,606 | €3,003 | -€603 | -16.7% |
| Plant, machinery and equipment | 23 | €12,749 | €16,140 | +€3,391 | +26.6% |
| Furniture and vehicles | 24 | €6,605 | €3,858 | -€2,747 | -41.6% |
| Other tangible fixed assets | 26 | €5,206 | €3,301 | -€1,905 | -36.6% |
| Current assets | 29/58 | €3,598 | €6,927 | +€3,329 | +92.5% |
| Amounts receivable within one year | 40/41 | €1,725 | €5,381 | +€3,656 | +212% |
| Trade receivables | 40 | €882 | €58 | -€824 | -93.4% |
| Other amounts receivable | 41 | €843 | €5,323 | +€4,480 | +531% |
| Cash at bank and in hand | 54/58 | €1,194 | €997 | -€197 | -16.5% |
| Deferred charges and accrued income | 490/1 | €679 | €549 | -€131 | -19.2% |
| Total equity and liabilities | 10/49 | €136,502 | €85,220 | -€51,282 | -37.6% |
| Equity | 10/15 | -€831,759 | -€962,794 | -€131,034 | -15.8% |
| Contributions | 10/11 | €1,018,600 | €1,018,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,850,359 | -€1,981,394 | -€131,034 | -7.1% |
| Amounts payable | 17/49 | €968,261 | €1,048,014 | +€79,753 | +8.2% |
| Amounts payable after more than one year | 17 | €25,000 | €55,000 | +€30,000 | +120% |
| Financial debts | 170/4 | €25,000 | €55,000 | +€30,000 | +120% |
| Amounts payable within one year | 42/48 | €943,261 | €993,014 | +€49,753 | +5.3% |
| Trade debts | 44 | €475 | €7,863 | +€7,388 | +1,554% |
| Suppliers | 440/4 | €475 | €7,863 | +€7,388 | +1,554% |
| Taxes, remuneration and social security | 45 | €356 | €779 | +€423 | +119% |
| Taxes | 450/3 | €356 | €779 | +€423 | +119% |
| Other amounts payable | 47/48 | €942,430 | €984,371 | +€41,942 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,307 | €64,051 | -€11,256 | -14.9% |
| Other operating charges | 640/8 | €691 | €944 | +€253 | +36.6% |
| Gross operating margin | 9900 | -€91,315 | -€65,921 | +€25,394 | +27.8% |
| Operating profit (loss) | 9901 | -€167,313 | -€130,916 | +€36,397 | +21.8% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €69 | €118 | +€50 | +72.9% |
| Recurring financial charges | 65 | €69 | €118 | +€50 | +72.9% |
| Profit (loss) for the period before taxes | 9903 | -€167,381 | -€131,034 | +€36,347 | +21.7% |
| Income taxes | 67/77 | -€160 | €0 | +€160 | |
| Profit (loss) for the period | 9904 | -€167,221 | -€131,034 | +€36,187 | +21.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€167,221 | -€131,034 | +€36,187 | +21.6% |
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 16 October 2026 via checked.be.