SKIWORLD: what changed
Two fiscal 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.
SKIWORLD
Largest movements
- Receivables within one year +€270,092
up €270,092 (+75.6%), from €357,449 to €627,541
of which Trade receivables: +€230,095
- Tangible fixed assets +€88,654
up €88,654 (+167.9%), from €52,809 to €141,463
of which Other tangible fixed assets: +€103,704
- Deferred charges and accrued income +€25,797
up €25,797 (+278.1%), from €9,277 to €35,074
- Trade debts +€225,101
up €225,101 (+159.2%), from €141,404 to €366,505
- Short-term financial debts +€131,638
up €131,638 (+404.2%), from €32,564 to €164,202
- Reserves +€28,579
up €28,579 (+4590.2%), from €623 to €29,201
- Tax, wage and social debts +€23,533
up €23,533 (+253.9%), from €9,268 to €32,801
of which Taxes: +€19,825
- Debts after one year -€19,459
down €19,459 (-67.7%), from €28,747 to €9,288
- Gross operating margin +€94,848
up €94,848 (+219.8%), from €43,161 to €138,009
- Staff costs +€28,769
up €28,769 (+120.4%), from €23,903 to €52,672
- Depreciation +€23,058
up €23,058 (+208.7%), from €11,051 to €34,108
- Taxes +€8,727
up €8,727 (+2266.9%), from €385 to €9,112
- Financial charges +€5,038
up €5,038 (+221.0%), from €2,280 to €7,318
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.
Cash bridge derived
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 | €429,705 | €817,784 | +€388,080 | +90.3% |
| Fixed assets | 21/28 | €52,809 | €141,463 | +€88,654 | +167.9% |
| Tangible fixed assets | 22/27 | €52,809 | €141,463 | +€88,654 | +167.9% |
| Furniture and vehicles | 24 | €52,809 | €37,759 | -€15,050 | -28.5% |
| Other tangible fixed assets | 26 | - | €103,704 | +€103,704 | |
| Current assets | 29/58 | €376,896 | €676,322 | +€299,426 | +79.4% |
| Stocks and contracts in progress | 3 | €10,070 | €11,087 | +€1,017 | +10.1% |
| Stocks | 30/36 | €10,070 | €11,087 | +€1,017 | +10.1% |
| Amounts receivable within one year | 40/41 | €357,449 | €627,541 | +€270,092 | +75.6% |
| Trade receivables | 40 | €319,318 | €549,413 | +€230,095 | +72.1% |
| Other amounts receivable | 41 | €38,130 | €78,128 | +€39,998 | +104.9% |
| Cash at bank and in hand | 54/58 | €100 | €2,620 | +€2,520 | +2511.1% |
| Deferred charges and accrued income | 490/1 | €9,277 | €35,074 | +€25,797 | +278.1% |
| Total equity and liabilities | 10/49 | €429,705 | €817,784 | +€388,080 | +90.3% |
| Equity | 10/15 | €50,623 | €79,201 | +€28,579 | +56.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €623 | €29,201 | +€28,579 | +4590.2% |
| Distributable reserves | 133 | €623 | €29,201 | +€28,579 | +4590.2% |
| Amounts payable | 17/49 | €379,082 | €738,583 | +€359,501 | +94.8% |
| Amounts payable after more than one year | 17 | €28,747 | €9,288 | -€19,459 | -67.7% |
| Financial debts | 170/4 | €28,747 | €9,288 | -€19,459 | -67.7% |
| Amounts payable within one year | 42/48 | €350,335 | €729,295 | +€378,960 | +108.2% |
| Current portion of amounts payable after more than one year | 42 | €18,511 | €19,459 | +€948 | +5.1% |
| Financial debts | 43 | €32,564 | €164,202 | +€131,638 | +404.2% |
| Credit institutions | 430/8 | €32,564 | €164,202 | +€131,638 | +404.2% |
| Trade debts | 44 | €141,404 | €366,505 | +€225,101 | +159.2% |
| Suppliers | 440/4 | €141,404 | €366,505 | +€225,101 | +159.2% |
| Advances received on contracts in progress | 46 | €145,933 | €146,327 | +€394 | +0.3% |
| Taxes, remuneration and social security | 45 | €9,268 | €32,801 | +€23,533 | +253.9% |
| Taxes | 450/3 | €5,450 | €25,275 | +€19,825 | +363.7% |
| Remuneration and social security | 454/9 | €3,818 | €7,525 | +€3,708 | +97.1% |
| Other amounts payable | 47/48 | €2,655 | €0 | -€2,655 | -100.0% |
| Remuneration, social security and pensions | 62 | €23,903 | €52,672 | +€28,769 | +120.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,051 | €34,108 | +€23,058 | +208.7% |
| Other operating charges | 640/8 | €5,238 | €6,352 | +€1,114 | +21.3% |
| Gross operating margin | 9900 | €43,161 | €138,009 | +€94,848 | +219.8% |
| Operating profit (loss) | 9901 | €2,970 | €44,877 | +€41,907 | +1411.2% |
| Financial income | 75/76B | €318 | €132 | -€186 | -58.5% |
| Recurring financial income | 75 | €318 | €132 | -€186 | -58.5% |
| Financial charges | 65/66B | €2,280 | €7,318 | +€5,038 | +221.0% |
| Recurring financial charges | 65 | €2,280 | €7,318 | +€5,038 | +221.0% |
| Profit (loss) for the period before taxes | 9903 | €1,008 | €37,691 | +€36,683 | +3640.7% |
| Income taxes | 67/77 | €385 | €9,112 | +€8,727 | +2266.9% |
| Profit (loss) for the period | 9904 | €623 | €28,579 | +€27,956 | +4490.2% |
| Profit (loss) for the period to be appropriated | 9905 | €623 | €28,579 | +€27,956 | +4490.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.