SKL: 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.
SKL
Largest movements
- Receivables within one year -€21,429
down €21,429 (-100.0%), from €21,429 to €0
of which Trade receivables: -€21,390
- Tangible fixed assets +€5,707
up €5,707 (+1469.0%), from €388 to €6,095
of which Furniture and vehicles: +€4,794
- Cash +€4,540
up €4,540 (+6.6%), from €68,946 to €73,486
mainly Other debts (+€45,902) and Net result for the year (+€45,450)
- Reserves -€72,570
down €72,570 (-100.0%), from €72,570 to €0
- Other debts +€45,902
up €45,902 (+1347.8%), from €3,406 to €49,308
- Tax, wage and social debts +€14,924
up €14,924 (+225.0%), from €6,632 to €21,556
of which Taxes: +€12,924
- Gross operating margin +€31,371
up €31,371 (+106.4%), from €29,495 to €60,867
- Taxes +€6,471
up €6,471 (+99.2%), from €6,524 to €12,995
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 | €90,764 | €79,582 | -€11,183 | -12.3% |
| Fixed assets | 21/28 | €388 | €6,095 | +€5,707 | +1469.0% |
| Tangible fixed assets | 22/27 | €388 | €6,095 | +€5,707 | +1469.0% |
| Plant, machinery and equipment | 23 | - | €913 | +€913 | |
| Furniture and vehicles | 24 | €388 | €5,183 | +€4,794 | +1234.1% |
| Current assets | 29/58 | €90,376 | €73,486 | -€16,890 | -18.7% |
| Amounts receivable within one year | 40/41 | €21,429 | €0 | -€21,429 | -100.0% |
| Trade receivables | 40 | €21,390 | €0 | -€21,390 | -100.0% |
| Other amounts receivable | 41 | €39 | €0 | -€39 | -100.0% |
| Cash at bank and in hand | 54/58 | €68,946 | €73,486 | +€4,540 | +6.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €90,764 | €79,582 | -€11,183 | -12.3% |
| Equity | 10/15 | €75,570 | €3,000 | -€72,570 | -96.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €72,570 | €0 | -€72,570 | -100.0% |
| Distributable reserves | 133 | €72,570 | €0 | -€72,570 | -100.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €15,195 | €76,582 | +€61,387 | +404.0% |
| Amounts payable within one year | 42/48 | €15,195 | €76,582 | +€61,387 | +404.0% |
| Trade debts | 44 | €5,157 | €5,718 | +€561 | +10.9% |
| Suppliers | 440/4 | €5,157 | €5,718 | +€561 | +10.9% |
| Taxes, remuneration and social security | 45 | €6,632 | €21,556 | +€14,924 | +225.0% |
| Taxes | 450/3 | €6,632 | €19,556 | +€12,924 | +194.9% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €3,406 | €49,308 | +€45,902 | +1347.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €666 | €610 | -€56 | -8.4% |
| Other operating charges | 640/8 | €1,104 | €1,245 | +€141 | +12.8% |
| Non-recurring operating charges | 66A | - | €388 | +€388 | |
| Gross operating margin | 9900 | €29,495 | €60,867 | +€31,371 | +106.4% |
| Operating profit (loss) | 9901 | €27,725 | €58,623 | +€30,898 | +111.4% |
| Financial income | 75/76B | €0 | €2 | +€2 | |
| Recurring financial income | 75 | €0 | €2 | +€2 | |
| Financial charges | 65/66B | €237 | €180 | -€57 | -23.9% |
| Recurring financial charges | 65 | €237 | €180 | -€57 | -23.9% |
| Profit (loss) for the period before taxes | 9903 | €27,488 | €58,445 | +€30,957 | +112.6% |
| Income taxes | 67/77 | €6,524 | €12,995 | +€6,471 | +99.2% |
| Profit (loss) for the period | 9904 | €20,965 | €45,450 | +€24,486 | +116.8% |
| Profit (loss) for the period to be appropriated | 9905 | €20,965 | €45,450 | +€24,486 | +116.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.