SKIKK: 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.
SKIKK
Largest movements
- Tangible fixed assets -€4,930
down €4,930 (-95.6%), from €5,157 to €227
- Stocks and contracts -€4,049
down €4,049 (-23.5%), from €17,209 to €13,160
- Receivables within one year +€2,126
up €2,126 (+5.8%), from €36,628 to €38,754
of which Other amounts receivable: +€1,119
- Cash -€1,747
down €1,747 (-18.0%), from €9,690 to €7,943
mainly Trade debts (-€7,360) and Accrued charges and deferred income (-€3,400)
- Intangible fixed assets -€1,000
down €1,000 (-25.6%), from €3,912 to €2,912
- Trade debts -€7,360
down €7,360 (-15.7%), from €47,018 to €39,659
- Accrued charges and deferred income -€3,400
down €3,400 (-100%), from €3,400 to €0
- Reserves +€798
up €798 (+4.9%), from €16,276 to €17,074
- Gross operating margin -€9,483
down €9,483 (-60.9%), from €15,572 to €6,089
- Depreciation -€8,438
down €8,438 (-66.0%), from €12,784 to €4,346
- Financial charges -€3,590
down €3,590 (-98.6%), from €3,641 to €51
- Write-downs +€1,511
up €1,511, from -€1,511 to €0
- Taxes +€289
up €289 (+196%), from €148 to €437
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 | €73,223 | €63,691 | -€9,532 | -13.0% |
| Fixed assets | 21/28 | €9,069 | €3,140 | -€5,930 | -65.4% |
| Intangible fixed assets | 21 | €3,912 | €2,912 | -€1,000 | -25.6% |
| Tangible fixed assets | 22/27 | €5,157 | €227 | -€4,930 | -95.6% |
| Plant, machinery and equipment | 23 | €5,157 | €227 | -€4,930 | -95.6% |
| Current assets | 29/58 | €64,154 | €60,552 | -€3,602 | -5.6% |
| Stocks and contracts in progress | 3 | €17,209 | €13,160 | -€4,049 | -23.5% |
| Stocks | 30/36 | €17,209 | €13,160 | -€4,049 | -23.5% |
| Amounts receivable within one year | 40/41 | €36,628 | €38,754 | +€2,126 | +5.8% |
| Trade receivables | 40 | €32,968 | €33,975 | +€1,007 | +3.1% |
| Other amounts receivable | 41 | €3,661 | €4,780 | +€1,119 | +30.6% |
| Cash at bank and in hand | 54/58 | €9,690 | €7,943 | -€1,747 | -18.0% |
| Deferred charges and accrued income | 490/1 | €626 | €694 | +€68 | +10.9% |
| Total equity and liabilities | 10/49 | €73,223 | €63,691 | -€9,532 | -13.0% |
| Equity | 10/15 | €22,476 | €23,274 | +€798 | +3.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €16,276 | €17,074 | +€798 | +4.9% |
| Distributable reserves | 133 | €16,276 | €17,074 | +€798 | +4.9% |
| Amounts payable | 17/49 | €50,747 | €40,417 | -€10,330 | -20.4% |
| Amounts payable within one year | 42/48 | €47,347 | €40,417 | -€6,930 | -14.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €47,018 | €39,659 | -€7,360 | -15.7% |
| Suppliers | 440/4 | €47,018 | €39,659 | -€7,360 | -15.7% |
| Taxes, remuneration and social security | 45 | €148 | €437 | +€289 | +196% |
| Taxes | 450/3 | €148 | €437 | +€289 | +196% |
| Other amounts payable | 47/48 | €181 | €321 | +€140 | +77.4% |
| Accrued charges and deferred income | 492/3 | €3,400 | €0 | -€3,400 | -100% |
| Non-recurring operating income | 76A | - | €5,416 | +€5,416 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,784 | €4,346 | -€8,438 | -66.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,511 | €0 | +€1,511 | |
| Other operating charges | 640/8 | €631 | €777 | +€146 | +23.2% |
| Gross operating margin | 9900 | €15,572 | €6,089 | -€9,483 | -60.9% |
| Operating profit (loss) | 9901 | €3,668 | €966 | -€2,702 | -73.7% |
| Financial income | 75/76B | €307 | €320 | +€13 | +4.2% |
| Recurring financial income | 75 | €307 | €320 | +€13 | +4.2% |
| Financial charges | 65/66B | €3,641 | €51 | -€3,590 | -98.6% |
| Recurring financial charges | 65 | €3,641 | €51 | -€3,590 | -98.6% |
| Profit (loss) for the period before taxes | 9903 | €334 | €1,235 | +€901 | +270% |
| Income taxes | 67/77 | €148 | €437 | +€289 | +196% |
| Profit (loss) for the period | 9904 | €187 | €798 | +€612 | +328% |
| Profit (loss) for the period to be appropriated | 9905 | €187 | €798 | +€612 | +328% |
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 18 October 2026 via checked.be.