SKJ: what changed
SKJ
Largest movements
- Cash -€7,041
down €7,041 (-100.0%), from €7,044 to €3
mainly Other debts (-€6,100) and Net result for the year (-€1,728)
- Receivables within one year -€617
down €617 (-4.6%), from €13,443 to €12,825
of which Trade receivables: -€753
- Tangible fixed assets -€245
down €245 (-55.6%), from €441 to €196
- Other debts -€6,100
down €6,100 (-77.8%), from €7,841 to €1,741
- Profit (loss) carried forward -€1,728
down €1,728 (-23.8%), from -€7,248 to -€8,975
- Tax, wage and social debts -€336
no longer reported in 2025 (was €336)
- Trade debts +€260
up €260 (+20.8%), from €1,249 to €1,509
- Gross operating margin +€10,292
up €10,292 (+90.0%), from -€11,440 to -€1,147
- Other operating charges -€1,324
down €1,324 (-84.5%), from €1,568 to €244
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,927 | €13,024 | -€7,903 | -37.8% |
| Fixed assets | 21/28 | €441 | €196 | -€245 | -55.6% |
| Tangible fixed assets | 22/27 | €441 | €196 | -€245 | -55.6% |
| Furniture and vehicles | 24 | €441 | €196 | -€245 | -55.6% |
| Current assets | 29/58 | €20,487 | €12,828 | -€7,658 | -37.4% |
| Amounts receivable within one year | 40/41 | €13,443 | €12,825 | -€617 | -4.6% |
| Trade receivables | 40 | €753 | - | -€753 | |
| Other amounts receivable | 41 | €12,689 | €12,825 | +€136 | +1.1% |
| Cash at bank and in hand | 54/58 | €7,044 | €3 | -€7,041 | -100.0% |
| Total equity and liabilities | 10/49 | €20,927 | €13,024 | -€7,903 | -37.8% |
| Equity | 10/15 | €11,502 | €9,775 | -€1,728 | -15.0% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,248 | -€8,975 | -€1,728 | -23.8% |
| Amounts payable | 17/49 | €9,425 | €3,250 | -€6,175 | -65.5% |
| Amounts payable within one year | 42/48 | €9,425 | €3,250 | -€6,175 | -65.5% |
| Trade debts | 44 | €1,249 | €1,509 | +€260 | +20.8% |
| Suppliers | 440/4 | €1,249 | €1,509 | +€260 | +20.8% |
| Taxes, remuneration and social security | 45 | €336 | - | -€336 | |
| Taxes | 450/3 | €336 | - | -€336 | |
| Other amounts payable | 47/48 | €7,841 | €1,741 | -€6,100 | -77.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €245 | €245 | = | 0.0% |
| Other operating charges | 640/8 | €1,568 | €244 | -€1,324 | -84.5% |
| Non-recurring operating charges | 66A | €11,270 | - | -€11,270 | |
| Gross operating margin | 9900 | -€11,440 | -€1,147 | +€10,292 | +90.0% |
| Operating profit (loss) | 9901 | -€24,523 | -€1,636 | +€22,887 | +93.3% |
| Financial charges | 65/66B | €57 | €92 | +€35 | +61.0% |
| Recurring financial charges | 65 | €57 | €92 | +€35 | +61.0% |
| Profit (loss) for the period before taxes | 9903 | -€24,580 | -€1,728 | +€22,852 | +93.0% |
| Profit (loss) for the period | 9904 | -€24,580 | -€1,728 | +€22,852 | +93.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,580 | -€1,728 | +€22,852 | +93.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.