Skilt: 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.
Skilt
Largest movements
- Cash +€24,766
up €24,766 (+82.0%), from €30,211 to €54,977
mainly Tax, wage and social debts (+€22,690) and Receivables within one year (+€12,558)
- Receivables within one year -€12,558
down €12,558 (-6.3%), from €199,174 to €186,616
of which Other amounts receivable: -€30,144
- Tangible fixed assets -€3,825
down €3,825 (-40.2%), from €9,515 to €5,691
of which Plant, machinery and equipment: -€3,382
- Tax, wage and social debts +€22,690
up €22,690 (+16.8%), from €135,161 to €157,851
of which Remuneration and social security: +€22,671
- Profit (loss) carried forward -€22,249
down €22,249 (-31.0%), from -€71,871 to -€94,120
- Other debts +€10,374
new in 2025: €10,374
- Short-term financial debts -€8,961
down €8,961 (-5.5%), from €162,149 to €153,188
- Trade debts +€7,903
up €7,903 (+17.3%), from €45,714 to €53,617
- Staff costs -€81,636
down €81,636 (-9.0%), from €907,763 to €826,128
- Gross operating margin -€23,022
down €23,022 (-2.6%), from €869,009 to €845,987
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 | €291,152 | €300,909 | +€9,757 | +3.4% |
| Fixed assets | 21/28 | €9,515 | €5,691 | -€3,825 | -40.2% |
| Tangible fixed assets | 22/27 | €9,515 | €5,691 | -€3,825 | -40.2% |
| Plant, machinery and equipment | 23 | €7,899 | €4,518 | -€3,382 | -42.8% |
| Furniture and vehicles | 24 | €1,616 | €1,173 | -€443 | -27.4% |
| Current assets | 29/58 | €281,637 | €295,218 | +€13,581 | +4.8% |
| Amounts receivable after more than one year | 29 | €40,300 | €40,300 | = | 0.0% |
| Other amounts receivable | 291 | €40,300 | €40,300 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €199,174 | €186,616 | -€12,558 | -6.3% |
| Trade receivables | 40 | €169,030 | €186,616 | +€17,586 | +10.4% |
| Other amounts receivable | 41 | €30,144 | €0 | -€30,144 | -100.0% |
| Cash at bank and in hand | 54/58 | €30,211 | €54,977 | +€24,766 | +82.0% |
| Deferred charges and accrued income | 490/1 | €11,951 | €13,324 | +€1,373 | +11.5% |
| Total equity and liabilities | 10/49 | €291,152 | €300,909 | +€9,757 | +3.4% |
| Equity | 10/15 | -€51,871 | -€74,120 | -€22,249 | -42.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€71,871 | -€94,120 | -€22,249 | -31.0% |
| Amounts payable | 17/49 | €343,023 | €375,029 | +€32,006 | +9.3% |
| Amounts payable within one year | 42/48 | €343,023 | €375,029 | +€32,006 | +9.3% |
| Financial debts | 43 | €162,149 | €153,188 | -€8,961 | -5.5% |
| Credit institutions | 430/8 | €162,149 | €153,188 | -€8,961 | -5.5% |
| Trade debts | 44 | €45,714 | €53,617 | +€7,903 | +17.3% |
| Suppliers | 440/4 | €45,714 | €53,617 | +€7,903 | +17.3% |
| Taxes, remuneration and social security | 45 | €135,161 | €157,851 | +€22,690 | +16.8% |
| Taxes | 450/3 | €46,958 | €46,976 | +€19 | 0.0% |
| Remuneration and social security | 454/9 | €88,203 | €110,874 | +€22,671 | +25.7% |
| Other amounts payable | 47/48 | - | €10,374 | +€10,374 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €907,763 | €826,128 | -€81,636 | -9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,859 | €5,784 | -€3,074 | -34.7% |
| Other operating charges | 640/8 | €1,598 | €4,138 | +€2,540 | +159.0% |
| Non-recurring operating charges | 66A | €1,196 | €0 | -€1,196 | -100.0% |
| Gross operating margin | 9900 | €869,009 | €845,987 | -€23,022 | -2.6% |
| Operating profit (loss) | 9901 | -€50,407 | €9,937 | +€60,344 | |
| Financial income | 75/76B | €1,793 | €1,085 | -€707 | -39.5% |
| Recurring financial income | 75 | €1,793 | €1,085 | -€707 | -39.5% |
| Financial charges | 65/66B | €31,169 | €31,473 | +€303 | +1.0% |
| Recurring financial charges | 65 | €31,169 | €31,473 | +€303 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | -€79,783 | -€20,450 | +€59,333 | +74.4% |
| Income taxes | 67/77 | €1,931 | €1,799 | -€131 | -6.8% |
| Profit (loss) for the period | 9904 | -€81,714 | -€22,249 | +€59,464 | +72.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€81,714 | -€22,249 | +€59,464 | +72.8% |
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 10 October 2026 via checked.be.