SKIOBE: 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.
SKIOBE
Largest movements
- Financial fixed assets +€6.5m
up €6.5m (+49.5%), from €13.2m to €19.7m
- Receivables within one year +€988,663
up €988,663 (+2,728%), from €36,247 to €1.0m
of which Other amounts receivable: +€988,663
- Receivables after one year -€235,042
down €235,042 (-12.8%), from €1.8m to €1.6m
- Debts after one year +€4.2m
up €4.2m (+95.7%), from €4.4m to €8.6m
of which Financial debts: +€4.7m
- Reserves +€2.5m
up €2.5m (+27.3%), from €9.2m to €11.7m
of which Distributable reserves: +€2.5m
- Current portion of long-term debt +€496,507
up €496,507 (+37.7%), from €1.3m to €1.8m
- Financial income +€170,010
up €170,010 (+6.6%), from €2.6m to €2.7m
of which Financial income: +€193,370
- Gross operating margin -€148,865
down €148,865 (-59.7%), from €249,526 to €100,661
- Financial charges -€88,354
down €88,354 (-25.8%), from €342,029 to €253,675
of which Financial charges: -€88,354
- Other operating charges -€29,561
down €29,561 (-79.9%), from €36,978 to €7,417
- Depreciation -€5,533
down €5,533 (-26.8%), from €20,653 to €15,120
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 | €15,220,378 | €22,404,417 | +€7.2m | +47.2% |
| Fixed assets | 21/28 | €13,264,951 | €19,763,385 | +€6.5m | +49.0% |
| Tangible fixed assets | 22/27 | €97,246 | €82,126 | -€15,120 | -15.5% |
| Plant, machinery and equipment | 23 | €52,137 | €47,784 | -€4,354 | -8.4% |
| Furniture and vehicles | 24 | €14,853 | €8,902 | -€5,950 | -40.1% |
| Other tangible fixed assets | 26 | €30,256 | €25,440 | -€4,816 | -15.9% |
| Financial fixed assets | 28 | €13,167,705 | €19,681,259 | +€6.5m | +49.5% |
| Current assets | 29/58 | €1,955,427 | €2,641,033 | +€685,605 | +35.1% |
| Amounts receivable after more than one year | 29 | €1,841,475 | €1,606,433 | -€235,042 | -12.8% |
| Other amounts receivable | 291 | €1,841,475 | €1,606,433 | -€235,042 | -12.8% |
| Amounts receivable within one year | 40/41 | €36,247 | €1,024,910 | +€988,663 | +2,728% |
| Trade receivables | 40 | €6,050 | €6,050 | = | 0.0% |
| Other amounts receivable | 41 | €30,197 | €1,018,860 | +€988,663 | +3,274% |
| Cash at bank and in hand | 54/58 | €24,574 | €1,759 | -€22,816 | -92.8% |
| Deferred charges and accrued income | 490/1 | €53,131 | €7,931 | -€45,200 | -85.1% |
| Total equity and liabilities | 10/49 | €15,220,378 | €22,404,417 | +€7.2m | +47.2% |
| Equity | 10/15 | €9,473,211 | €11,974,616 | +€2.5m | +26.4% |
| Contributions | 10/11 | €312,600 | €312,600 | = | 0.0% |
| Reserves | 13 | €9,160,611 | €11,662,016 | +€2.5m | +27.3% |
| Non-distributable reserves | 130/1 | €31,260 | €31,260 | = | 0.0% |
| Reserves not available under the articles | 1311 | €31,260 | €31,260 | = | 0.0% |
| Distributable reserves | 133 | €9,129,351 | €11,630,756 | +€2.5m | +27.4% |
| Amounts payable | 17/49 | €5,747,167 | €10,429,802 | +€4.7m | +81.5% |
| Amounts payable after more than one year | 17 | €4,393,221 | €8,596,113 | +€4.2m | +95.7% |
| Financial debts | 170/4 | €3,903,835 | €8,596,113 | +€4.7m | +120% |
| Other amounts payable | 178/9 | €489,386 | €0 | -€489,386 | -100% |
| Amounts payable within one year | 42/48 | €1,353,946 | €1,833,688 | +€479,742 | +35.4% |
| Current portion of amounts payable after more than one year | 42 | €1,318,583 | €1,815,090 | +€496,507 | +37.7% |
| Trade debts | 44 | €15,134 | €10,883 | -€4,251 | -28.1% |
| Suppliers | 440/4 | €15,134 | €10,883 | -€4,251 | -28.1% |
| Taxes, remuneration and social security | 45 | €5,000 | €6,987 | +€1,987 | +39.7% |
| Taxes | 450/3 | €5,000 | €6,987 | +€1,987 | +39.7% |
| Other amounts payable | 47/48 | €15,229 | €729 | -€14,500 | -95.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,653 | €15,120 | -€5,533 | -26.8% |
| Other operating charges | 640/8 | €36,978 | €7,417 | -€29,561 | -79.9% |
| Non-recurring operating charges | 66A | €0 | €68,208 | +€68,208 | |
| Gross operating margin | 9900 | €249,526 | €100,661 | -€148,865 | -59.7% |
| Operating profit (loss) | 9901 | €191,895 | €9,917 | -€181,979 | -94.8% |
| Financial income | 75/76B | €2,579,953 | €2,749,963 | +€170,010 | +6.6% |
| Recurring financial income | 75 | €2,556,592 | €2,749,963 | +€193,370 | +7.6% |
| Non-recurring financial income | 76B | €23,361 | €0 | -€23,361 | -100% |
| Financial charges | 65/66B | €342,029 | €253,675 | -€88,354 | -25.8% |
| Recurring financial charges | 65 | €342,029 | €253,675 | -€88,354 | -25.8% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €2,429,819 | €2,506,205 | +€76,385 | +3.1% |
| Income taxes | 67/77 | €5,000 | €4,800 | -€200 | -4.0% |
| Profit (loss) for the period | 9904 | €2,424,819 | €2,501,405 | +€76,585 | +3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,424,819 | €2,501,405 | +€76,585 | +3.2% |
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 29 October 2026 via checked.be.