SKL: 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.
SKL
Largest movements
- Receivables within one year +€127,341
up €127,341 (+497.8%), from €25,583 to €152,924
of which Trade receivables: +€77,709
- Cash -€59,463
down €59,463 (-42.5%), from €139,761 to €80,298
mainly Receivables within one year (-€127,341) and Contributions, distributions and other (-€80,000)
- Tangible fixed assets -€10,481
down €10,481 (-32.3%), from €32,457 to €21,976
- Other debts +€79,556
up €79,556 (+17918.0%), from €444 to €80,000
- Profit (loss) carried forward -€75,326
down €75,326 (-54.2%), from €139,074 to €63,748
- Advances received +€41,784
new in 2025: €41,784
- Trade debts +€9,708
up €9,708 (+124.6%), from €7,791 to €17,499
- Tax, wage and social debts +€9,620
new in 2025: €9,620
of which Remuneration and social security: +€6,000
- Purchases and services +€44,854
up €44,854 (+27.2%), from €164,732 to €209,586
- Turnover +€36,158
up €36,158 (+17.3%), from €209,112 to €245,270
- Gross operating margin -€8,696
down €8,696 (-19.6%), from €44,380 to €35,684
- Taxes +€8,655
up €8,655 (+195.6%), from €4,424 to €13,079
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 | €197,801 | €255,198 | +€57,397 | +29.0% |
| Fixed assets | 21/28 | €32,457 | €21,976 | -€10,481 | -32.3% |
| Tangible fixed assets | 22/27 | €32,457 | €21,976 | -€10,481 | -32.3% |
| Furniture and vehicles | 24 | €32,457 | €21,976 | -€10,481 | -32.3% |
| Current assets | 29/58 | €165,344 | €233,222 | +€67,878 | +41.1% |
| Amounts receivable within one year | 40/41 | €25,583 | €152,924 | +€127,341 | +497.8% |
| Trade receivables | 40 | €17,201 | €94,910 | +€77,709 | +451.8% |
| Other amounts receivable | 41 | €8,382 | €58,014 | +€49,632 | +592.1% |
| Cash at bank and in hand | 54/58 | €139,761 | €80,298 | -€59,463 | -42.5% |
| Total equity and liabilities | 10/49 | €197,801 | €255,198 | +€57,397 | +29.0% |
| Equity | 10/15 | €157,674 | €82,848 | -€74,826 | -47.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €500 | +€500 | |
| Distributable reserves | 133 | - | €500 | +€500 | |
| Profit (loss) carried forward | 14 | €139,074 | €63,748 | -€75,326 | -54.2% |
| Amounts payable | 17/49 | €40,127 | €172,350 | +€132,223 | +329.5% |
| Amounts payable after more than one year | 17 | €31,892 | €23,447 | -€8,445 | -26.5% |
| Financial debts | 170/4 | €31,892 | €23,447 | -€8,445 | -26.5% |
| Amounts payable within one year | 42/48 | €8,235 | €148,903 | +€140,668 | +1708.2% |
| Trade debts | 44 | €7,791 | €17,499 | +€9,708 | +124.6% |
| Suppliers | 440/4 | €7,791 | €17,499 | +€9,708 | +124.6% |
| Advances received on contracts in progress | 46 | - | €41,784 | +€41,784 | |
| Taxes, remuneration and social security | 45 | - | €9,620 | +€9,620 | |
| Taxes | 450/3 | - | €3,620 | +€3,620 | |
| Remuneration and social security | 454/9 | - | €6,000 | +€6,000 | |
| Other amounts payable | 47/48 | €444 | €80,000 | +€79,556 | +17918.0% |
| Turnover | 70 | €209,112 | €245,270 | +€36,158 | +17.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €164,732 | €209,586 | +€44,854 | +27.2% |
| Remuneration, social security and pensions | 62 | €4,021 | €4,021 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,042 | €11,310 | +€268 | +2.4% |
| Other operating charges | 640/8 | €1,421 | €1,106 | -€315 | -22.2% |
| Gross operating margin | 9900 | €44,380 | €35,684 | -€8,696 | -19.6% |
| Operating profit (loss) | 9901 | €27,896 | €19,247 | -€8,649 | -31.0% |
| Financial income | 75/76B | - | €755 | +€755 | |
| Recurring financial income | 75 | - | €755 | +€755 | |
| Financial charges | 65/66B | €2,267 | €1,749 | -€518 | -22.8% |
| Recurring financial charges | 65 | €2,267 | €1,749 | -€518 | -22.8% |
| Profit (loss) for the period before taxes | 9903 | €25,629 | €18,253 | -€7,376 | -28.8% |
| Income taxes | 67/77 | €4,424 | €13,079 | +€8,655 | +195.6% |
| Profit (loss) for the period | 9904 | €21,205 | €5,174 | -€16,031 | -75.6% |
| Profit (loss) for the period to be appropriated | 9905 | €21,205 | €5,174 | -€16,031 | -75.6% |
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 12 October 2026 via checked.be.