SKIMMO: 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.
SKIMMO
Largest movements
- Stocks and contracts +€774,339
up €774,339 (+28.7%), from €2.7m to €3.5m
of which Contracts in progress: +€642,292
- Receivables within one year +€43,127
up €43,127 (+1618.7%), from €2,664 to €45,792
of which Other amounts receivable: +€44,308
- Trade debts +€630,887
up €630,887 (+7441.7%), from €8,478 to €639,365
- Short-term financial debts +€100,000
up €100,000 (+14.3%), from €700,000 to €800,000
- Other debts +€51,728
up €51,728 (+60.2%), from €85,955 to €137,683
- Financial charges -€56,158
down €56,158 (-100.0%), from €56,174 to €16
- Gross operating margin +€32,233
up €32,233 (+780.1%), from €4,132 to €36,365
- Taxes +€8,155
new in 2025: €8,155
- Other operating charges +€3,729
up €3,729 (+180.4%), from €2,067 to €5,796
- Depreciation -€2,878
down €2,878 (-100.0%), from €2,878 to €0
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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,731,776 | €3,544,943 | +€813,167 | +29.8% |
| Fixed assets | 21/28 | €1,805 | €600 | -€1,205 | -66.8% |
| Tangible fixed assets | 22/27 | €1,205 | €0 | -€1,205 | -100.0% |
| Furniture and vehicles | 24 | €1,205 | €0 | -€1,205 | -100.0% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €2,729,970 | €3,544,343 | +€814,373 | +29.8% |
| Stocks and contracts in progress | 3 | €2,695,841 | €3,470,181 | +€774,339 | +28.7% |
| Stocks | 30/36 | €2,626,818 | €2,758,865 | +€132,047 | +5.0% |
| Contracts in progress | 37 | €69,024 | €711,316 | +€642,292 | +930.5% |
| Amounts receivable within one year | 40/41 | €2,664 | €45,792 | +€43,127 | +1618.7% |
| Trade receivables | 40 | €1,180 | €0 | -€1,180 | -100.0% |
| Other amounts receivable | 41 | €1,484 | €45,792 | +€44,308 | +2984.9% |
| Cash at bank and in hand | 54/58 | €30,177 | €28,370 | -€1,807 | -6.0% |
| Deferred charges and accrued income | 490/1 | €1,287 | €0 | -€1,287 | -100.0% |
| Total equity and liabilities | 10/49 | €2,731,776 | €3,544,943 | +€813,167 | +29.8% |
| Equity | 10/15 | €1,937,343 | €1,959,742 | +€22,399 | +1.2% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €265,653 | €265,653 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €258,153 | €258,153 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,596,690 | €1,619,089 | +€22,399 | +1.4% |
| Amounts payable | 17/49 | €794,432 | €1,585,201 | +€790,769 | +99.5% |
| Amounts payable within one year | 42/48 | €794,432 | €1,585,201 | +€790,769 | +99.5% |
| Financial debts | 43 | €700,000 | €800,000 | +€100,000 | +14.3% |
| Credit institutions | 430/8 | €700,000 | €800,000 | +€100,000 | +14.3% |
| Trade debts | 44 | €8,478 | €639,365 | +€630,887 | +7441.7% |
| Suppliers | 440/4 | €8,478 | €639,365 | +€630,887 | +7441.7% |
| Taxes, remuneration and social security | 45 | - | €8,154 | +€8,154 | |
| Taxes | 450/3 | - | €8,154 | +€8,154 | |
| Other amounts payable | 47/48 | €85,955 | €137,683 | +€51,728 | +60.2% |
| Non-recurring operating income | 76A | - | €45 | +€45 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,878 | €0 | -€2,878 | -100.0% |
| Other operating charges | 640/8 | €2,067 | €5,796 | +€3,729 | +180.4% |
| Gross operating margin | 9900 | €4,132 | €36,365 | +€32,233 | +780.1% |
| Operating profit (loss) | 9901 | -€813 | €30,570 | +€31,382 | |
| Financial income | 75/76B | €15 | €0 | -€15 | -100.0% |
| Recurring financial income | 75 | €15 | €0 | -€15 | -100.0% |
| Financial charges | 65/66B | €56,174 | €16 | -€56,158 | -100.0% |
| Recurring financial charges | 65 | €56,174 | €16 | -€56,158 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€56,972 | €30,554 | +€87,526 | |
| Income taxes | 67/77 | - | €8,155 | +€8,155 | |
| Profit (loss) for the period | 9904 | -€56,972 | €22,399 | +€79,371 | |
| Profit (loss) for the period to be appropriated | 9905 | -€56,972 | €22,399 | +€79,371 |
Source: filed annual accounts (NBB), financial years ended 30 June 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.