SKINTEZ: 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.
SKINTEZ
Largest movements
- Tangible fixed assets -€26,879
down €26,879 (-6.6%), from €405,440 to €378,562
of which Plant, machinery and equipment: -€13,938
- Deferred charges and accrued income +€11,405
up €11,405 (+297%), from €3,838 to €15,243
- Debts after one year -€10,975
down €10,975 (-3.8%), from €285,170 to €274,195
- Trade debts +€4,875
up €4,875 (+147%), from €3,306 to €8,181
- Profit (loss) carried forward -€4,484
down €4,484 (-7.6%), from -€59,151 to -€63,635
- Short-term financial debts -€4,403
no longer reported in 2025 (was €4,403)
- Gross operating margin +€12,573
up €12,573 (+25.4%), from €49,547 to €62,120
- Staff costs +€12,244
up €12,244 (+116%), from €10,538 to €22,782
- Financial charges -€2,120
down €2,120 (-18.3%), from €11,574 to €9,454
- Depreciation +€1,340
up €1,340 (+4.4%), from €30,728 to €32,068
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 | €432,178 | €415,658 | -€16,520 | -3.8% |
| Fixed assets | 21/28 | €405,440 | €378,562 | -€26,879 | -6.6% |
| Tangible fixed assets | 22/27 | €405,440 | €378,562 | -€26,879 | -6.6% |
| Land and buildings | 22 | €350,512 | €337,571 | -€12,941 | -3.7% |
| Plant, machinery and equipment | 23 | €54,928 | €40,990 | -€13,938 | -25.4% |
| Current assets | 29/58 | €26,738 | €37,097 | +€10,359 | +38.7% |
| Stocks and contracts in progress | 3 | €13,426 | €10,943 | -€2,483 | -18.5% |
| Stocks | 30/36 | €13,426 | €10,943 | -€2,483 | -18.5% |
| Amounts receivable within one year | 40/41 | €4,773 | €3,643 | -€1,130 | -23.7% |
| Trade receivables | 40 | €2,762 | €1,632 | -€1,130 | -40.9% |
| Other amounts receivable | 41 | €2,011 | €2,011 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,701 | €7,267 | +€2,567 | +54.6% |
| Deferred charges and accrued income | 490/1 | €3,838 | €15,243 | +€11,405 | +297% |
| Total equity and liabilities | 10/49 | €432,178 | €415,658 | -€16,520 | -3.8% |
| Equity | 10/15 | €107,369 | €102,885 | -€4,484 | -4.2% |
| Contributions | 10/11 | €166,520 | €166,520 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,151 | -€63,635 | -€4,484 | -7.6% |
| Amounts payable | 17/49 | €324,809 | €312,773 | -€12,036 | -3.7% |
| Amounts payable after more than one year | 17 | €285,170 | €274,195 | -€10,975 | -3.8% |
| Financial debts | 170/4 | €285,170 | €274,195 | -€10,975 | -3.8% |
| Amounts payable within one year | 42/48 | €39,639 | €38,579 | -€1,061 | -2.7% |
| Current portion of amounts payable after more than one year | 42 | €26,259 | €24,023 | -€2,236 | -8.5% |
| Financial debts | 43 | €4,403 | - | -€4,403 | |
| Credit institutions | 430/8 | €4,403 | - | -€4,403 | |
| Trade debts | 44 | €3,306 | €8,181 | +€4,875 | +147% |
| Suppliers | 440/4 | €3,306 | €8,181 | +€4,875 | +147% |
| Taxes, remuneration and social security | 45 | €1,875 | €3,333 | +€1,458 | +77.7% |
| Taxes | 450/3 | €389 | €381 | -€8 | -2.2% |
| Remuneration and social security | 454/9 | €1,486 | €2,952 | +€1,466 | +98.7% |
| Other amounts payable | 47/48 | €3,797 | €3,042 | -€755 | -19.9% |
| Remuneration, social security and pensions | 62 | €10,538 | €22,782 | +€12,244 | +116% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,728 | €32,068 | +€1,340 | +4.4% |
| Other operating charges | 640/8 | €2,056 | €2,142 | +€86 | +4.2% |
| Gross operating margin | 9900 | €49,547 | €62,120 | +€12,573 | +25.4% |
| Operating profit (loss) | 9901 | €6,225 | €5,128 | -€1,097 | -17.6% |
| Financial income | 75/76B | €8 | €24 | +€16 | +205% |
| Recurring financial income | 75 | €8 | €24 | +€16 | +205% |
| Financial charges | 65/66B | €11,574 | €9,454 | -€2,120 | -18.3% |
| Recurring financial charges | 65 | €11,574 | €9,454 | -€2,120 | -18.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,341 | -€4,302 | +€1,039 | +19.5% |
| Income taxes | 67/77 | €199 | €182 | -€16 | -8.2% |
| Profit (loss) for the period | 9904 | -€5,539 | -€4,484 | +€1,055 | +19.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,539 | -€4,484 | +€1,055 | +19.0% |
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 19 October 2026 via checked.be.