SKIFF: 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.
SKIFF
Largest movements
- Stocks and contracts -€12,624
down €12,624 (-18.2%), from €69,305 to €56,681
- Trade debts -€11,203
down €11,203 (-32.9%), from €34,045 to €22,842
- Other debts -€4,499
down €4,499 (-6.7%), from €66,898 to €62,400
- Short-term financial debts +€3,366
up €3,366 (+22.2%), from €15,195 to €18,561
- Tax, wage and social debts -€2,414
down €2,414 (-17.6%), from €13,736 to €11,322
- Profit (loss) carried forward +€2,027
up €2,027 (+2.0%), from -€99,150 to -€97,123
- Gross operating margin -€9,820
down €9,820 (-62.5%), from €15,715 to €5,895
- Other operating charges +€800
up €800 (+168.9%), from €474 to €1,274
- Financial charges -€406
down €406 (-13.5%), from €3,000 to €2,594
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 | €70,931 | €58,210 | -€12,721 | -17.9% |
| Current assets | 29/58 | €70,931 | €58,210 | -€12,721 | -17.9% |
| Stocks and contracts in progress | 3 | €69,305 | €56,681 | -€12,624 | -18.2% |
| Stocks | 30/36 | €69,305 | €56,681 | -€12,624 | -18.2% |
| Amounts receivable within one year | 40/41 | €898 | €997 | +€99 | +11.0% |
| Other amounts receivable | 41 | €898 | €997 | +€99 | +11.0% |
| Cash at bank and in hand | 54/58 | €729 | €533 | -€196 | -26.9% |
| Total equity and liabilities | 10/49 | €70,931 | €58,210 | -€12,721 | -17.9% |
| Equity | 10/15 | -€73,699 | -€71,672 | +€2,027 | +2.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €6,859 | €6,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€99,150 | -€97,123 | +€2,027 | +2.0% |
| Amounts payable | 17/49 | €144,630 | €129,882 | -€14,748 | -10.2% |
| Amounts payable within one year | 42/48 | €129,874 | €115,125 | -€14,748 | -11.4% |
| Financial debts | 43 | €15,195 | €18,561 | +€3,366 | +22.2% |
| Credit institutions | 430/8 | €15,195 | €18,561 | +€3,366 | +22.2% |
| Trade debts | 44 | €34,045 | €22,842 | -€11,203 | -32.9% |
| Suppliers | 440/4 | €34,045 | €22,842 | -€11,203 | -32.9% |
| Taxes, remuneration and social security | 45 | €13,736 | €11,322 | -€2,414 | -17.6% |
| Taxes | 450/3 | €13,736 | €11,322 | -€2,414 | -17.6% |
| Other amounts payable | 47/48 | €66,898 | €62,400 | -€4,499 | -6.7% |
| Accrued charges and deferred income | 492/3 | €14,757 | €14,757 | = | 0.0% |
| Other operating charges | 640/8 | €474 | €1,274 | +€800 | +168.9% |
| Gross operating margin | 9900 | €15,715 | €5,895 | -€9,820 | -62.5% |
| Operating profit (loss) | 9901 | €15,241 | €4,621 | -€10,620 | -69.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,000 | €2,594 | -€406 | -13.5% |
| Recurring financial charges | 65 | €3,000 | €2,594 | -€406 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €12,241 | €2,027 | -€10,214 | -83.4% |
| Profit (loss) for the period | 9904 | €12,241 | €2,027 | -€10,214 | -83.4% |
| Profit (loss) for the period to be appropriated | 9905 | €12,241 | €2,027 | -€10,214 | -83.4% |
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.