SKINDERM: 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.
SKINDERM
Largest movements
- Cash +€97,978
up €97,978 (+122.4%), from €80,057 to €178,035
mainly Net result for the year (+€78,303) and Depreciation (+€55,268)
- Receivables within one year +€37,040
up €37,040 (+22.4%), from €165,119 to €202,159
of which Other amounts receivable: +€21,495
- Deferred charges and accrued income -€29,194
down €29,194 (-74.9%), from €38,962 to €9,768
- Tangible fixed assets -€25,195
down €25,195 (-11.6%), from €217,042 to €191,847
of which Land and buildings: -€15,981
- Reserves +€78,300
up €78,300 (+24.5%), from €319,560 to €397,860
of which Distributable reserves: +€78,300
- Debts after one year -€34,869
down €34,869 (-43.5%), from €80,185 to €45,316
- Trade debts +€25,944
up €25,944 (+169.7%), from €15,291 to €41,235
- Tax, wage and social debts +€10,782
up €10,782 (+26.9%), from €40,110 to €50,892
of which Taxes: +€7,251
- Gross operating margin +€21,299
up €21,299 (+10.0%), from €212,023 to €233,323
- Depreciation +€16,268
up €16,268 (+41.7%), from €39,000 to €55,268
- Staff costs +€5,453
up €5,453 (+8.1%), from €67,610 to €73,063
- Financial income +€4,051
up €4,051 (+83.4%), from €4,854 to €8,905
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 | €502,205 | €582,834 | +€80,628 | +16.1% |
| Fixed assets | 21/28 | €217,067 | €191,872 | -€25,195 | -11.6% |
| Tangible fixed assets | 22/27 | €217,042 | €191,847 | -€25,195 | -11.6% |
| Land and buildings | 22 | €106,467 | €90,487 | -€15,981 | -15.0% |
| Plant, machinery and equipment | 23 | €36,738 | €30,795 | -€5,943 | -16.2% |
| Furniture and vehicles | 24 | €73,836 | €70,565 | -€3,272 | -4.4% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €285,138 | €390,962 | +€105,824 | +37.1% |
| Amounts receivable within one year | 40/41 | €165,119 | €202,159 | +€37,040 | +22.4% |
| Trade receivables | 40 | €24,473 | €40,018 | +€15,544 | +63.5% |
| Other amounts receivable | 41 | €140,646 | €162,141 | +€21,495 | +15.3% |
| Current investments | 50/53 | €1,000 | €1,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €80,057 | €178,035 | +€97,978 | +122.4% |
| Deferred charges and accrued income | 490/1 | €38,962 | €9,768 | -€29,194 | -74.9% |
| Total equity and liabilities | 10/49 | €502,205 | €582,834 | +€80,628 | +16.1% |
| Equity | 10/15 | €332,218 | €410,522 | +€78,303 | +23.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €319,560 | €397,860 | +€78,300 | +24.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €317,700 | €396,000 | +€78,300 | +24.6% |
| Profit (loss) carried forward | 14 | €258 | €262 | +€3 | +1.2% |
| Amounts payable | 17/49 | €169,987 | €172,312 | +€2,325 | +1.4% |
| Amounts payable after more than one year | 17 | €80,185 | €45,316 | -€34,869 | -43.5% |
| Financial debts | 170/4 | €80,185 | €45,316 | -€34,869 | -43.5% |
| Amounts payable within one year | 42/48 | €89,802 | €126,996 | +€37,194 | +41.4% |
| Current portion of amounts payable after more than one year | 42 | €33,651 | €34,869 | +€1,218 | +3.6% |
| Trade debts | 44 | €15,291 | €41,235 | +€25,944 | +169.7% |
| Suppliers | 440/4 | €15,291 | €41,235 | +€25,944 | +169.7% |
| Advances received on contracts in progress | 46 | €750 | - | -€750 | |
| Taxes, remuneration and social security | 45 | €40,110 | €50,892 | +€10,782 | +26.9% |
| Taxes | 450/3 | €30,914 | €38,165 | +€7,251 | +23.5% |
| Remuneration and social security | 454/9 | €9,196 | €12,727 | +€3,532 | +38.4% |
| Remuneration, social security and pensions | 62 | €67,610 | €73,063 | +€5,453 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,000 | €55,268 | +€16,268 | +41.7% |
| Other operating charges | 640/8 | €1,736 | €1,349 | -€387 | -22.3% |
| Gross operating margin | 9900 | €212,023 | €233,323 | +€21,299 | +10.0% |
| Operating profit (loss) | 9901 | €103,677 | €103,643 | -€34 | 0.0% |
| Financial income | 75/76B | €4,854 | €8,905 | +€4,051 | +83.4% |
| Recurring financial income | 75 | €4,854 | €8,905 | +€4,051 | +83.4% |
| Financial charges | 65/66B | €3,497 | €3,801 | +€303 | +8.7% |
| Recurring financial charges | 65 | €3,497 | €3,801 | +€303 | +8.7% |
| Profit (loss) for the period before taxes | 9903 | €105,034 | €108,748 | +€3,714 | +3.5% |
| Income taxes | 67/77 | €31,314 | €30,445 | -€869 | -2.8% |
| Profit (loss) for the period | 9904 | €73,720 | €78,303 | +€4,583 | +6.2% |
| Profit (loss) for the period to be appropriated | 9905 | €73,720 | €78,303 | +€4,583 | +6.2% |
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 6 October 2026 via checked.be.