SkillTech: what changed
Two fiscal 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.
SkillTech
Largest movements
- Receivables within one year -€28,143
down €28,143 (-99.5%), from €28,285 to €143
of which Trade receivables: -€27,182
- Cash +€19,321
up €19,321 (+9.2%), from €209,729 to €229,050
mainly Other debts (+€242,994) and Net result for the year (+€83,532)
- Profit (loss) carried forward -€311,919
down €311,919 (-100.0%), from €311,919 to €0
- Other debts +€242,994
up €242,994, from €0 to €242,994
- Tax, wage and social debts +€61,236
up €61,236 (+469.6%), from €13,041 to €74,278
- Debts after one year -€4,943
down €4,943 (-15.6%), from €31,755 to €26,813
- Gross operating margin +€28,410
up €28,410 (+30.1%), from €94,420 to €122,830
- Taxes +€8,317
up €8,317 (+39.3%), from €21,155 to €29,472
- Depreciation -€2,754
down €2,754 (-32.0%), from €8,620 to €5,866
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 | €370,208 | €358,692 | -€11,516 | -3.1% |
| Fixed assets | 21/28 | €28,195 | €25,507 | -€2,688 | -9.5% |
| Tangible fixed assets | 22/27 | €28,195 | €25,507 | -€2,688 | -9.5% |
| Land and buildings | 22 | €23,643 | €20,752 | -€2,891 | -12.2% |
| Plant, machinery and equipment | 23 | €939 | €1,857 | +€919 | +97.8% |
| Furniture and vehicles | 24 | €3,613 | €2,897 | -€715 | -19.8% |
| Current assets | 29/58 | €342,014 | €333,186 | -€8,828 | -2.6% |
| Amounts receivable within one year | 40/41 | €28,285 | €143 | -€28,143 | -99.5% |
| Trade receivables | 40 | €27,182 | €0 | -€27,182 | -100.0% |
| Other amounts receivable | 41 | €1,103 | €143 | -€961 | -87.1% |
| Current investments | 50/53 | €100,000 | €100,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €209,729 | €229,050 | +€19,321 | +9.2% |
| Deferred charges and accrued income | 490/1 | €3,999 | €3,993 | -€6 | -0.2% |
| Total equity and liabilities | 10/49 | €370,208 | €358,692 | -€11,516 | -3.1% |
| Equity | 10/15 | €313,919 | €2,000 | -€311,919 | -99.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €311,919 | €0 | -€311,919 | -100.0% |
| Amounts payable | 17/49 | €56,289 | €356,692 | +€300,403 | +533.7% |
| Amounts payable after more than one year | 17 | €31,755 | €26,813 | -€4,943 | -15.6% |
| Financial debts | 170/4 | €31,755 | €26,813 | -€4,943 | -15.6% |
| Amounts payable within one year | 42/48 | €24,534 | €329,880 | +€305,346 | +1244.6% |
| Current portion of amounts payable after more than one year | 42 | €4,866 | €4,943 | +€77 | +1.6% |
| Financial debts | 43 | €6,325 | €6,950 | +€625 | +9.9% |
| Credit institutions | 430/8 | €6,301 | €6,736 | +€435 | +6.9% |
| Other loans | 439 | €24 | €214 | +€190 | +794.0% |
| Trade debts | 44 | €301 | €715 | +€414 | +137.3% |
| Suppliers | 440/4 | €301 | €715 | +€414 | +137.3% |
| Taxes, remuneration and social security | 45 | €13,041 | €74,278 | +€61,236 | +469.6% |
| Taxes | 450/3 | €13,041 | €74,278 | +€61,236 | +469.6% |
| Other amounts payable | 47/48 | €0 | €242,994 | +€242,994 | |
| Non-recurring operating income | 76A | - | €18,934 | +€18,934 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,620 | €5,866 | -€2,754 | -32.0% |
| Other operating charges | 640/8 | €753 | €752 | -€1 | -0.1% |
| Gross operating margin | 9900 | €94,420 | €122,830 | +€28,410 | +30.1% |
| Operating profit (loss) | 9901 | €85,048 | €116,213 | +€31,165 | +36.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -96.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -96.7% |
| Financial charges | 65/66B | €2,568 | €3,209 | +€641 | +24.9% |
| Recurring financial charges | 65 | €2,568 | €3,209 | +€641 | +24.9% |
| Profit (loss) for the period before taxes | 9903 | €82,480 | €113,004 | +€30,524 | +37.0% |
| Income taxes | 67/77 | €21,155 | €29,472 | +€8,317 | +39.3% |
| Profit (loss) for the period | 9904 | €61,325 | €83,532 | +€22,207 | +36.2% |
| Profit (loss) for the period to be appropriated | 9905 | €61,325 | €83,532 | +€22,207 | +36.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.