Skiline: 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.
Skiline
Largest movements
- Cash +€695,380
up €695,380 (+87.3%), from €796,757 to €1.5m
mainly Net result for the year (+€441,406) and Receivables within one year (+€284,460)
- Receivables within one year -€284,460
down €284,460 (-83.2%), from €341,771 to €57,311
of which Trade receivables: -€278,801
- Intangible fixed assets -€46,697
down €46,697 (-25.3%), from €184,729 to €138,032
- Profit (loss) carried forward +€441,406
up €441,406 (+57.2%), from -€772,066 to -€330,660
- Trade debts -€171,375
down €171,375 (-73.9%), from €231,822 to €60,447
- Tax, wage and social debts +€49,906
up €49,906 (+241%), from €20,673 to €70,579
of which Remuneration and social security: +€51,207
- Advances received +€35,230
up €35,230, from €0 to €35,230
- Gross operating margin +€321,510
up €321,510 (+92.4%), from €347,927 to €669,437
- Staff costs +€22,135
up €22,135 (+13.0%), from €170,720 to €192,855
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 | €1,451,484 | €1,797,577 | +€346,092 | +23.8% |
| Fixed assets | 21/28 | €224,586 | €173,037 | -€51,549 | -23.0% |
| Intangible fixed assets | 21 | €184,729 | €138,032 | -€46,697 | -25.3% |
| Tangible fixed assets | 22/27 | €35,227 | €29,952 | -€5,275 | -15.0% |
| Plant, machinery and equipment | 23 | €19,833 | €15,139 | -€4,694 | -23.7% |
| Furniture and vehicles | 24 | €14,145 | €13,940 | -€206 | -1.5% |
| Other tangible fixed assets | 26 | €1,248 | €873 | -€375 | -30.1% |
| Financial fixed assets | 28 | €4,630 | €5,054 | +€424 | +9.1% |
| Current assets | 29/58 | €1,226,898 | €1,624,540 | +€397,641 | +32.4% |
| Stocks and contracts in progress | 3 | €78,212 | €62,585 | -€15,627 | -20.0% |
| Stocks | 30/36 | €78,212 | €62,585 | -€15,627 | -20.0% |
| Amounts receivable within one year | 40/41 | €341,771 | €57,311 | -€284,460 | -83.2% |
| Trade receivables | 40 | €318,217 | €39,416 | -€278,801 | -87.6% |
| Other amounts receivable | 41 | €23,554 | €17,895 | -€5,659 | -24.0% |
| Cash at bank and in hand | 54/58 | €796,757 | €1,492,137 | +€695,380 | +87.3% |
| Deferred charges and accrued income | 490/1 | €10,158 | €12,506 | +€2,348 | +23.1% |
| Total equity and liabilities | 10/49 | €1,451,484 | €1,797,577 | +€346,092 | +23.8% |
| Equity | 10/15 | €1,189,915 | €1,631,321 | +€441,406 | +37.1% |
| Contributions | 10/11 | €1,961,981 | €1,961,981 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€772,066 | -€330,660 | +€441,406 | +57.2% |
| Amounts payable | 17/49 | €261,569 | €166,256 | -€95,313 | -36.4% |
| Amounts payable within one year | 42/48 | €252,599 | €166,256 | -€86,343 | -34.2% |
| Financial debts | 43 | €104 | €0 | -€104 | -100% |
| Credit institutions | 430/8 | €104 | €0 | -€104 | -100% |
| Trade debts | 44 | €231,822 | €60,447 | -€171,375 | -73.9% |
| Suppliers | 440/4 | €231,822 | €60,447 | -€171,375 | -73.9% |
| Advances received on contracts in progress | 46 | €0 | €35,230 | +€35,230 | |
| Taxes, remuneration and social security | 45 | €20,673 | €70,579 | +€49,906 | +241% |
| Taxes | 450/3 | €1,672 | €371 | -€1,301 | -77.8% |
| Remuneration and social security | 454/9 | €19,001 | €70,209 | +€51,207 | +269% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €8,971 | €0 | -€8,971 | -100% |
| Non-recurring operating income | 76A | €2,422 | €0 | -€2,422 | -100% |
| Remuneration, social security and pensions | 62 | €170,720 | €192,855 | +€22,135 | +13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,723 | €82,932 | +€1,209 | +1.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,057 | +€2,057 | |
| Other operating charges | 640/8 | €2,639 | €1,705 | -€934 | -35.4% |
| Gross operating margin | 9900 | €347,927 | €669,437 | +€321,510 | +92.4% |
| Operating profit (loss) | 9901 | €92,846 | €389,889 | +€297,043 | +320% |
| Financial income | 75/76B | €59,445 | €57,320 | -€2,126 | -3.6% |
| Recurring financial income | 75 | €59,445 | €57,320 | -€2,126 | -3.6% |
| Financial charges | 65/66B | €6,235 | €5,881 | -€355 | -5.7% |
| Recurring financial charges | 65 | €6,235 | €5,881 | -€355 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €146,055 | €441,328 | +€295,272 | +202% |
| Income taxes | 67/77 | €750 | -€78 | -€828 | |
| Profit (loss) for the period | 9904 | €145,306 | €441,406 | +€296,100 | +204% |
| Profit (loss) for the period to be appropriated | 9905 | €145,306 | €441,406 | +€296,100 | +204% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.