SKILLS: 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.
SKILLS
Largest movements
- Tangible fixed assets +€27,082
new in 2025: €27,082
- Deferred charges and accrued income -€839
down €839 (-11.0%), from €7,600 to €6,760
- Cash -€834
down €834 (-12.1%), from €6,887 to €6,053
mainly Investment in fixed assets (net) (-€27,996) and Net result for the year (-€6,405)
- Receivables within one year -€473
down €473 (-33.2%), from €1,425 to €953
of which Trade receivables: -€593
- Other debts +€28,995
up €28,995 (+767.6%), from €3,777 to €32,772
- Profit (loss) carried forward -€6,405
down €6,405 (-97.8%), from -€6,552 to -€12,957
- Tax, wage and social debts +€2,555
up €2,555 (+135.1%), from €1,891 to €4,446
of which Remuneration and social security: +€3,232
- Trade debts -€608
down €608 (-31.3%), from €1,944 to €1,336
- Other operating charges +€1,268
new in 2025: €1,268
- Gross operating margin -€1,120
down €1,120 (-39.4%), from -€2,846 to -€3,965
- Depreciation +€914
new in 2025: €914
- Financial income -€85
no longer reported in 2025 (was €85)
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 | €16,062 | €40,998 | +€24,936 | +155.3% |
| Fixed assets | 21/28 | €150 | €27,232 | +€27,082 | +18054.7% |
| Tangible fixed assets | 22/27 | - | €27,082 | +€27,082 | |
| Furniture and vehicles | 24 | - | €27,082 | +€27,082 | |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €15,912 | €13,766 | -€2,146 | -13.5% |
| Amounts receivable within one year | 40/41 | €1,425 | €953 | -€473 | -33.2% |
| Trade receivables | 40 | €1,249 | €656 | -€593 | -47.5% |
| Other amounts receivable | 41 | €177 | €297 | +€120 | +67.9% |
| Cash at bank and in hand | 54/58 | €6,887 | €6,053 | -€834 | -12.1% |
| Deferred charges and accrued income | 490/1 | €7,600 | €6,760 | -€839 | -11.0% |
| Total equity and liabilities | 10/49 | €16,062 | €40,998 | +€24,936 | +155.3% |
| Equity | 10/15 | €8,448 | €2,043 | -€6,405 | -75.8% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,552 | -€12,957 | -€6,405 | -97.8% |
| Amounts payable | 17/49 | €7,613 | €38,954 | +€31,341 | +411.7% |
| Amounts payable within one year | 42/48 | €7,613 | €38,555 | +€30,942 | +406.5% |
| Trade debts | 44 | €1,944 | €1,336 | -€608 | -31.3% |
| Suppliers | 440/4 | €1,944 | €1,336 | -€608 | -31.3% |
| Taxes, remuneration and social security | 45 | €1,891 | €4,446 | +€2,555 | +135.1% |
| Taxes | 450/3 | €1,891 | €1,214 | -€677 | -35.8% |
| Remuneration and social security | 454/9 | - | €3,232 | +€3,232 | |
| Other amounts payable | 47/48 | €3,777 | €32,772 | +€28,995 | +767.6% |
| Accrued charges and deferred income | 492/3 | €1 | €400 | +€399 | +55418.1% |
| Non-recurring operating income | 76A | - | €826 | +€826 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €914 | +€914 | |
| Other operating charges | 640/8 | - | €1,268 | +€1,268 | |
| Gross operating margin | 9900 | -€2,846 | -€3,965 | -€1,120 | -39.4% |
| Operating profit (loss) | 9901 | -€2,846 | -€6,147 | -€3,302 | -116.0% |
| Financial income | 75/76B | €85 | - | -€85 | |
| Recurring financial income | 75 | €85 | - | -€85 | |
| Financial charges | 65/66B | €53 | €78 | +€25 | +48.0% |
| Recurring financial charges | 65 | €53 | €78 | +€25 | +48.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,813 | -€6,226 | -€3,412 | -121.3% |
| Income taxes | 67/77 | €180 | €179 | -€1 | -0.4% |
| Profit (loss) for the period | 9904 | -€2,993 | -€6,405 | -€3,412 | -114.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,993 | -€6,405 | -€3,412 | -114.0% |
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 9 October 2026 via checked.be.