SKISANO: 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.
SKISANO
Largest movements
- Cash -€91,454
down €91,454 (-94.6%), from €96,681 to €5,228
mainly Current portion of long-term debt (-€58,772) and Stocks and contracts (-€50,493)
- Stocks and contracts +€50,493
up €50,493 (+4.8%), from €1.1m to €1.1m
- Tangible fixed assets +€14,314
new in 2025: €14,314
of which Furniture and vehicles: +€11,691
- Receivables within one year -€12,617
down €12,617 (-64.4%), from €19,597 to €6,980
of which Trade receivables: -€12,617
- Current portion of long-term debt -€58,772
down €58,772 (-64.9%), from €90,586 to €31,814
- Profit (loss) carried forward +€39,280
up €39,280 (+31.1%), from €126,284 to €165,564
- Debts after one year -€31,814
down €31,814 (-3.7%), from €859,517 to €827,702
- Advances received +€16,133
new in 2025: €16,133
- Gross operating margin +€11,941
up €11,941 (+28.3%), from €42,255 to €54,196
- Taxes +€2,696
up €2,696 (+33.4%), from €8,074 to €10,770
- Depreciation +€1,640
new in 2025: €1,640
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 | €1,171,781 | €1,139,272 | -€32,510 | -2.8% |
| Fixed assets | 21/28 | €450 | €16,564 | +€16,114 | +3,581% |
| Tangible fixed assets | 22/27 | - | €14,314 | +€14,314 | |
| Furniture and vehicles | 24 | - | €11,691 | +€11,691 | |
| Other tangible fixed assets | 26 | - | €2,623 | +€2,623 | |
| Financial fixed assets | 28 | €450 | €2,250 | +€1,800 | +400% |
| Current assets | 29/58 | €1,171,331 | €1,122,708 | -€48,624 | -4.2% |
| Stocks and contracts in progress | 3 | €1,052,280 | €1,102,772 | +€50,493 | +4.8% |
| Stocks | 30/36 | €1,052,280 | €1,102,772 | +€50,493 | +4.8% |
| Amounts receivable within one year | 40/41 | €19,597 | €6,980 | -€12,617 | -64.4% |
| Trade receivables | 40 | €13,671 | €1,054 | -€12,617 | -92.3% |
| Other amounts receivable | 41 | €5,926 | €5,926 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €96,681 | €5,228 | -€91,454 | -94.6% |
| Deferred charges and accrued income | 490/1 | €2,774 | €7,728 | +€4,954 | +179% |
| Total equity and liabilities | 10/49 | €1,171,781 | €1,139,272 | -€32,510 | -2.8% |
| Equity | 10/15 | €130,284 | €169,564 | +€39,280 | +30.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €126,284 | €165,564 | +€39,280 | +31.1% |
| Amounts payable | 17/49 | €1,041,498 | €969,708 | -€71,789 | -6.9% |
| Amounts payable after more than one year | 17 | €859,517 | €827,702 | -€31,814 | -3.7% |
| Financial debts | 170/4 | €859,517 | €827,702 | -€31,814 | -3.7% |
| Amounts payable within one year | 42/48 | €180,510 | €142,006 | -€38,504 | -21.3% |
| Current portion of amounts payable after more than one year | 42 | €90,586 | €31,814 | -€58,772 | -64.9% |
| Trade debts | 44 | €15,809 | €5,707 | -€10,101 | -63.9% |
| Suppliers | 440/4 | €15,809 | €5,707 | -€10,101 | -63.9% |
| Advances received on contracts in progress | 46 | - | €16,133 | +€16,133 | |
| Taxes, remuneration and social security | 45 | €7,101 | €18,786 | +€11,685 | +165% |
| Taxes | 450/3 | €7,101 | €18,786 | +€11,685 | +165% |
| Other amounts payable | 47/48 | €67,014 | €69,566 | +€2,552 | +3.8% |
| Accrued charges and deferred income | 492/3 | €1,471 | - | -€1,471 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,640 | +€1,640 | |
| Other operating charges | 640/8 | €975 | €813 | -€162 | -16.7% |
| Gross operating margin | 9900 | €42,255 | €54,196 | +€11,941 | +28.3% |
| Operating profit (loss) | 9901 | €41,280 | €51,743 | +€10,463 | +25.3% |
| Financial charges | 65/66B | €2,080 | €1,694 | -€387 | -18.6% |
| Recurring financial charges | 65 | €2,080 | €1,694 | -€387 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | €39,200 | €50,049 | +€10,850 | +27.7% |
| Income taxes | 67/77 | €8,074 | €10,770 | +€2,696 | +33.4% |
| Profit (loss) for the period | 9904 | €31,125 | €39,280 | +€8,154 | +26.2% |
| Profit (loss) for the period to be appropriated | 9905 | €31,125 | €39,280 | +€8,154 | +26.2% |
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 14 October 2026 via checked.be.