SKILL ADVICE: 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.
SKILL ADVICE
Largest movements
- Cash -€125,588
down €125,588 (-19.8%), from €632,946 to €507,358
mainly Contributions, distributions and other (-€214,800) and Receivables within one year (-€17,753)
- Receivables within one year +€17,753
up €17,753 (+18.9%), from €94,088 to €111,841
of which Trade receivables: +€16,072
- Reserves -€115,563
down €115,563 (-16.9%), from €682,606 to €567,043
of which Distributable reserves: -€115,563
- Tax, wage and social debts +€12,473
up €12,473 (+56.0%), from €22,289 to €34,762
of which Remuneration and social security: +€8,049
- Accrued charges and deferred income +€12,345
new in 2025: €12,345
- Gross operating margin +€37,575
up €37,575 (+23.9%), from €157,222 to €194,798
- Taxes +€11,156
up €11,156 (+35.0%), from €31,835 to €42,990
- Staff costs +€5,953
up €5,953 (+12.4%), from €47,967 to €53,920
- Financial income +€2,329
up €2,329 (+161%), from €1,450 to €3,778
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 | €729,438 | €628,645 | -€100,793 | -13.8% |
| Fixed assets | 21/28 | - | €6,508 | +€6,508 | |
| Tangible fixed assets | 22/27 | - | €6,508 | +€6,508 | |
| Plant, machinery and equipment | 23 | - | €1,821 | +€1,821 | |
| Furniture and vehicles | 24 | - | €4,687 | +€4,687 | |
| Current assets | 29/58 | €729,438 | €622,138 | -€107,301 | -14.7% |
| Amounts receivable within one year | 40/41 | €94,088 | €111,841 | +€17,753 | +18.9% |
| Trade receivables | 40 | €92,711 | €108,783 | +€16,072 | +17.3% |
| Other amounts receivable | 41 | €1,377 | €3,058 | +€1,681 | +122% |
| Cash at bank and in hand | 54/58 | €632,946 | €507,358 | -€125,588 | -19.8% |
| Deferred charges and accrued income | 490/1 | €2,404 | €2,938 | +€535 | +22.2% |
| Total equity and liabilities | 10/49 | €729,438 | €628,645 | -€100,793 | -13.8% |
| Equity | 10/15 | €695,006 | €579,443 | -€115,563 | -16.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €682,606 | €567,043 | -€115,563 | -16.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €682,606 | €567,043 | -€115,563 | -16.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €34,432 | €49,203 | +€14,771 | +42.9% |
| Amounts payable within one year | 42/48 | €34,432 | €36,857 | +€2,425 | +7.0% |
| Trade debts | 44 | €4,665 | €426 | -€4,238 | -90.9% |
| Suppliers | 440/4 | €4,665 | €426 | -€4,238 | -90.9% |
| Taxes, remuneration and social security | 45 | €22,289 | €34,762 | +€12,473 | +56.0% |
| Taxes | 450/3 | €14,647 | €19,071 | +€4,424 | +30.2% |
| Remuneration and social security | 454/9 | €7,643 | €15,691 | +€8,049 | +105% |
| Other amounts payable | 47/48 | €7,478 | €1,669 | -€5,810 | -77.7% |
| Accrued charges and deferred income | 492/3 | - | €12,345 | +€12,345 | |
| Remuneration, social security and pensions | 62 | €47,967 | €53,920 | +€5,953 | +12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €1,062 | +€1,062 | |
| Other operating charges | 640/8 | €925 | €1,570 | +€644 | +69.6% |
| Gross operating margin | 9900 | €157,222 | €194,798 | +€37,575 | +23.9% |
| Operating profit (loss) | 9901 | €108,330 | €138,245 | +€29,915 | +27.6% |
| Financial income | 75/76B | €1,450 | €3,778 | +€2,329 | +161% |
| Recurring financial income | 75 | €1,450 | €3,778 | +€2,329 | +161% |
| Financial charges | 65/66B | €178 | -€204 | -€382 | |
| Recurring financial charges | 65 | €178 | -€204 | -€382 | |
| Profit (loss) for the period before taxes | 9903 | €109,601 | €142,227 | +€32,626 | +29.8% |
| Income taxes | 67/77 | €31,835 | €42,990 | +€11,156 | +35.0% |
| Profit (loss) for the period | 9904 | €77,767 | €99,237 | +€21,470 | +27.6% |
| Profit (loss) for the period to be appropriated | 9905 | €77,767 | €99,237 | +€21,470 | +27.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.