Skingenium: 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.
Skingenium
Largest movements
- Receivables within one year +€39,834
up €39,834 (+598%), from €6,666 to €46,500
of which Trade receivables: +€39,824
- Cash +€29,632
up €29,632 (+27.7%), from €106,956 to €136,589
mainly Depreciation (+€84,788) and Net result for the year (+€76,752)
- Tangible fixed assets -€28,744
down €28,744 (-3.5%), from €822,865 to €794,121
- Reserves +€71,752
up €71,752 (+31.2%), from €230,294 to €302,047
of which Distributable reserves: +€71,752
- Debts after one year -€20,063
down €20,063 (-3.4%), from €585,801 to €565,738
- Tax, wage and social debts -€17,336
down €17,336 (-44.0%), from €39,391 to €22,055
of which Taxes: -€13,926
- Depreciation +€12,083
up €12,083 (+16.6%), from €72,704 to €84,788
- Staff costs -€7,315
down €7,315 (-15.4%), from €47,481 to €40,165
- Taxes +€7,172
up €7,172 (+29.5%), from €24,330 to €31,503
- Gross operating margin +€3,703
up €3,703 (+1.5%), from €249,991 to €253,695
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.
Derived cash bridge
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 | €983,900 | €1,031,582 | +€47,682 | +4.8% |
| Fixed assets | 21/28 | €830,865 | €802,121 | -€28,744 | -3.5% |
| Tangible fixed assets | 22/27 | €822,865 | €794,121 | -€28,744 | -3.5% |
| Land and buildings | 22 | €450,776 | €439,228 | -€11,548 | -2.6% |
| Plant, machinery and equipment | 23 | €360,209 | €346,972 | -€13,236 | -3.7% |
| Leasing and similar rights | 25 | €11,880 | €7,920 | -€3,960 | -33.3% |
| Financial fixed assets | 28 | €8,000 | €8,000 | = | 0.0% |
| Current assets | 29/58 | €153,035 | €229,461 | +€76,426 | +49.9% |
| Stocks and contracts in progress | 3 | €38,281 | €44,954 | +€6,673 | +17.4% |
| Stocks | 30/36 | €38,281 | €44,954 | +€6,673 | +17.4% |
| Amounts receivable within one year | 40/41 | €6,666 | €46,500 | +€39,834 | +598% |
| Trade receivables | 40 | €6,666 | €46,489 | +€39,824 | +597% |
| Other amounts receivable | 41 | €0 | €10 | +€10 | |
| Cash at bank and in hand | 54/58 | €106,956 | €136,589 | +€29,632 | +27.7% |
| Deferred charges and accrued income | 490/1 | €1,132 | €1,419 | +€287 | +25.4% |
| Total equity and liabilities | 10/49 | €983,900 | €1,031,582 | +€47,682 | +4.8% |
| Equity | 10/15 | €236,494 | €308,247 | +€71,752 | +30.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €230,294 | €302,047 | +€71,752 | +31.2% |
| 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 | €228,434 | €300,187 | +€71,752 | +31.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €747,405 | €723,336 | -€24,070 | -3.2% |
| Amounts payable after more than one year | 17 | €585,801 | €565,738 | -€20,063 | -3.4% |
| Financial debts | 170/4 | €585,801 | €565,738 | -€20,063 | -3.4% |
| Amounts payable within one year | 42/48 | €156,919 | €152,742 | -€4,177 | -2.7% |
| Current portion of amounts payable after more than one year | 42 | €59,536 | €65,340 | +€5,804 | +9.7% |
| Financial debts | 43 | - | €7,102 | +€7,102 | |
| Credit institutions | 430/8 | - | €7,102 | +€7,102 | |
| Trade debts | 44 | €19,302 | €27,363 | +€8,061 | +41.8% |
| Suppliers | 440/4 | €19,302 | €27,363 | +€8,061 | +41.8% |
| Taxes, remuneration and social security | 45 | €39,391 | €22,055 | -€17,336 | -44.0% |
| Taxes | 450/3 | €33,408 | €19,482 | -€13,926 | -41.7% |
| Remuneration and social security | 454/9 | €5,983 | €2,573 | -€3,410 | -57.0% |
| Other amounts payable | 47/48 | €38,690 | €30,883 | -€7,807 | -20.2% |
| Accrued charges and deferred income | 492/3 | €4,685 | €4,855 | +€170 | +3.6% |
| Remuneration, social security and pensions | 62 | €47,481 | €40,165 | -€7,315 | -15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,704 | €84,788 | +€12,083 | +16.6% |
| Other operating charges | 640/8 | €3,747 | €4,979 | +€1,233 | +32.9% |
| Gross operating margin | 9900 | €249,991 | €253,695 | +€3,703 | +1.5% |
| Operating profit (loss) | 9901 | €126,060 | €123,763 | -€2,297 | -1.8% |
| Financial income | 75/76B | €13 | €4 | -€9 | -69.0% |
| Recurring financial income | 75 | €13 | €4 | -€9 | -69.0% |
| Financial charges | 65/66B | €16,178 | €15,512 | -€666 | -4.1% |
| Recurring financial charges | 65 | €16,178 | €15,512 | -€666 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €109,896 | €108,255 | -€1,641 | -1.5% |
| Income taxes | 67/77 | €24,330 | €31,503 | +€7,172 | +29.5% |
| Profit (loss) for the period | 9904 | €85,565 | €76,752 | -€8,813 | -10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €85,565 | €76,752 | -€8,813 | -10.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.