SKINS-CONSULT: 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.
SKINS-CONSULT
Largest movements
- Cash +€21,508
up €21,508 (+32.5%), from €66,199 to €87,707
mainly Net result for the year (+€32,356) and Receivables within one year (+€18,150)
- Receivables within one year -€18,150
down €18,150 (-98.0%), from €18,526 to €376
of which Trade receivables: -€17,107
- Tangible fixed assets -€16,881
down €16,881 (-30.9%), from €54,610 to €37,729
- Current investments -€7,000
down €7,000 (-15.6%), from €45,000 to €38,000
- Reserves -€37,644
down €37,644 (-48.8%), from €77,173 to €39,529
of which Distributable reserves: -€37,644
- Other debts +€15,802
up €15,802 (+36.8%), from €42,933 to €58,734
- Advances received +€12,870
new in 2025: €12,870
- Debts after one year -€8,107
down €8,107 (-39.2%), from €20,702 to €12,595
- Trade debts -€3,186
down €3,186 (-86.4%), from €3,686 to €501
- Gross operating margin -€19,877
down €19,877 (-25.5%), from €77,923 to €58,045
- Taxes -€4,255
down €4,255 (-32.0%), from €13,315 to €9,060
- Depreciation +€1,880
up €1,880 (+12.5%), from €15,002 to €16,881
- Financial income +€1,059
up €1,059 (+268%), from €396 to €1,455
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 | €184,335 | €164,891 | -€19,443 | -10.5% |
| Fixed assets | 21/28 | €54,610 | €37,729 | -€16,881 | -30.9% |
| Tangible fixed assets | 22/27 | €54,610 | €37,729 | -€16,881 | -30.9% |
| Furniture and vehicles | 24 | €54,610 | €37,729 | -€16,881 | -30.9% |
| Current assets | 29/58 | €129,724 | €127,163 | -€2,562 | -2.0% |
| Amounts receivable within one year | 40/41 | €18,526 | €376 | -€18,150 | -98.0% |
| Trade receivables | 40 | €17,107 | €0 | -€17,107 | -100% |
| Other amounts receivable | 41 | €1,419 | €376 | -€1,043 | -73.5% |
| Current investments | 50/53 | €45,000 | €38,000 | -€7,000 | -15.6% |
| Cash at bank and in hand | 54/58 | €66,199 | €87,707 | +€21,508 | +32.5% |
| Deferred charges and accrued income | 490/1 | - | €1,080 | +€1,080 | |
| Total equity and liabilities | 10/49 | €184,335 | €164,891 | -€19,443 | -10.5% |
| Equity | 10/15 | €95,723 | €58,079 | -€37,644 | -39.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €77,173 | €39,529 | -€37,644 | -48.8% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,845 | €6,845 | = | 0.0% |
| Distributable reserves | 133 | €68,473 | €30,828 | -€37,644 | -55.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €88,612 | €106,813 | +€18,201 | +20.5% |
| Amounts payable after more than one year | 17 | €20,702 | €12,595 | -€8,107 | -39.2% |
| Financial debts | 170/4 | €20,702 | €12,595 | -€8,107 | -39.2% |
| Amounts payable within one year | 42/48 | €67,910 | €93,893 | +€25,984 | +38.3% |
| Current portion of amounts payable after more than one year | 42 | €7,882 | €8,107 | +€225 | +2.8% |
| Trade debts | 44 | €3,686 | €501 | -€3,186 | -86.4% |
| Suppliers | 440/4 | €3,686 | €501 | -€3,186 | -86.4% |
| Advances received on contracts in progress | 46 | - | €12,870 | +€12,870 | |
| Taxes, remuneration and social security | 45 | €13,408 | €13,682 | +€274 | +2.0% |
| Taxes | 450/3 | €9,455 | €9,846 | +€391 | +4.1% |
| Remuneration and social security | 454/9 | €3,953 | €3,835 | -€118 | -3.0% |
| Other amounts payable | 47/48 | €42,933 | €58,734 | +€15,802 | +36.8% |
| Accrued charges and deferred income | 492/3 | - | €324 | +€324 | |
| Non-recurring operating income | 76A | €0 | €350 | +€350 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,002 | €16,881 | +€1,880 | +12.5% |
| Other operating charges | 640/8 | €466 | €427 | -€39 | -8.4% |
| Gross operating margin | 9900 | €77,923 | €58,045 | -€19,877 | -25.5% |
| Operating profit (loss) | 9901 | €62,454 | €40,737 | -€21,718 | -34.8% |
| Financial income | 75/76B | €396 | €1,455 | +€1,059 | +268% |
| Recurring financial income | 75 | €396 | €1,455 | +€1,059 | +268% |
| Financial charges | 65/66B | €996 | €775 | -€221 | -22.2% |
| Recurring financial charges | 65 | €996 | €775 | -€221 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | €61,854 | €41,416 | -€20,437 | -33.0% |
| Income taxes | 67/77 | €13,315 | €9,060 | -€4,255 | -32.0% |
| Profit (loss) for the period | 9904 | €48,539 | €32,356 | -€16,183 | -33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €48,539 | €32,356 | -€16,183 | -33.3% |
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 13 October 2026 via checked.be.