SKILLRENOV: 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.
SKILLRENOV
Largest movements
- Receivables within one year +€54,031
up €54,031 (+267.2%), from €20,219 to €74,250
of which Trade receivables: +€48,963
- Stocks and contracts -€30,447
down €30,447 (-80.4%), from €37,875 to €7,428
- Cash +€20,705
up €20,705 (+971.1%), from €2,132 to €22,837
mainly Stocks and contracts (+€30,447) and Trade debts (+€26,876)
- Tangible fixed assets +€3,663
up €3,663 (+16.6%), from €22,038 to €25,700
of which Plant, machinery and equipment: +€10,988
- Deferred charges and accrued income +€3,052
up €3,052 (+206.6%), from €1,477 to €4,529
- Trade debts +€26,876
up €26,876 (+94.0%), from €28,598 to €55,475
- Reserves +€17,030
up €17,030 (+522.3%), from €3,260 to €20,291
- Current portion of long-term debt +€6,279
up €6,279 (+84.5%), from €7,427 to €13,706
- Debts after one year +€2,176
up €2,176 (+15.8%), from €13,763 to €15,939
- Other debts -€1,964
down €1,964 (-40.4%), from €4,866 to €2,903
- Gross operating margin +€293,289
up €293,289 (+801.6%), from €36,587 to €329,876
- Staff costs +€250,375
up €250,375 (+843.1%), from €29,695 to €280,070
- Purchases and services +€230,737
up €230,737 (+160.7%), from €143,601 to €374,338
- Depreciation +€14,970
up €14,970 (+485.3%), from €3,085 to €18,054
- Financial charges +€13,186
up €13,186 (+2578.0%), from €511 to €13,698
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 | €83,741 | €134,745 | +€51,004 | +60.9% |
| Fixed assets | 21/28 | €22,038 | €25,700 | +€3,663 | +16.6% |
| Tangible fixed assets | 22/27 | €22,038 | €25,700 | +€3,663 | +16.6% |
| Plant, machinery and equipment | 23 | €1,970 | €12,959 | +€10,988 | +557.7% |
| Furniture and vehicles | 24 | €20,067 | €12,742 | -€7,326 | -36.5% |
| Current assets | 29/58 | €61,703 | €109,044 | +€47,341 | +76.7% |
| Stocks and contracts in progress | 3 | €37,875 | €7,428 | -€30,447 | -80.4% |
| Stocks | 30/36 | €37,875 | €7,428 | -€30,447 | -80.4% |
| Amounts receivable within one year | 40/41 | €20,219 | €74,250 | +€54,031 | +267.2% |
| Trade receivables | 40 | €10,000 | €58,963 | +€48,963 | +489.6% |
| Other amounts receivable | 41 | €10,219 | €15,287 | +€5,068 | +49.6% |
| Cash at bank and in hand | 54/58 | €2,132 | €22,837 | +€20,705 | +971.1% |
| Deferred charges and accrued income | 490/1 | €1,477 | €4,529 | +€3,052 | +206.6% |
| Total equity and liabilities | 10/49 | €83,741 | €134,745 | +€51,004 | +60.9% |
| Equity | 10/15 | €18,260 | €35,291 | +€17,030 | +93.3% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Capital | 10 | €15,000 | €15,000 | = | 0.0% |
| Issued capital | 100 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €3,260 | €20,291 | +€17,030 | +522.3% |
| Distributable reserves | 133 | €3,260 | €20,291 | +€17,030 | +522.3% |
| Amounts payable | 17/49 | €65,481 | €99,454 | +€33,974 | +51.9% |
| Amounts payable after more than one year | 17 | €13,763 | €15,939 | +€2,176 | +15.8% |
| Financial debts | 170/4 | €13,763 | €15,939 | +€2,176 | +15.8% |
| Amounts payable within one year | 42/48 | €51,718 | €83,515 | +€31,797 | +61.5% |
| Current portion of amounts payable after more than one year | 42 | €7,427 | €13,706 | +€6,279 | +84.5% |
| Trade debts | 44 | €28,598 | €55,475 | +€26,876 | +94.0% |
| Suppliers | 440/4 | €28,598 | €55,475 | +€26,876 | +94.0% |
| Taxes, remuneration and social security | 45 | €10,826 | €11,431 | +€606 | +5.6% |
| Taxes | 450/3 | - | €7 | +€7 | |
| Remuneration and social security | 454/9 | €10,826 | €11,424 | +€599 | +5.5% |
| Other amounts payable | 47/48 | €4,866 | €2,903 | -€1,964 | -40.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €143,601 | €374,338 | +€230,737 | +160.7% |
| Remuneration, social security and pensions | 62 | €29,695 | €280,070 | +€250,375 | +843.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,085 | €18,054 | +€14,970 | +485.3% |
| Other operating charges | 640/8 | €298 | €361 | +€63 | +21.3% |
| Gross operating margin | 9900 | €36,587 | €329,876 | +€293,289 | +801.6% |
| Operating profit (loss) | 9901 | €3,509 | €31,390 | +€27,881 | +794.5% |
| Financial income | 75/76B | €0 | €1 | +€1 | +2320.0% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +2320.0% |
| Financial charges | 65/66B | €511 | €13,698 | +€13,186 | +2578.0% |
| Recurring financial charges | 65 | €511 | €13,698 | +€13,186 | +2578.0% |
| Profit (loss) for the period before taxes | 9903 | €2,998 | €17,694 | +€14,696 | +490.2% |
| Income taxes | 67/77 | €100 | €664 | +€564 | +566.2% |
| Profit (loss) for the period | 9904 | €2,898 | €17,030 | +€14,132 | +487.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,898 | €17,030 | +€14,132 | +487.6% |
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 12 October 2026 via checked.be.