SKLogX: 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.
SKLogX
Largest movements
- Cash -€45,605
down €45,605 (-29.4%), from €155,095 to €109,491
mainly Receivables within one year (-€38,513) and Tax, wage and social debts (-€23,245)
- Receivables within one year +€38,513
up €38,513 (+145.8%), from €26,409 to €64,922
of which Other amounts receivable: +€44,236
- Deferred charges and accrued income -€9,960
down €9,960 (-26.8%), from €37,107 to €27,147
- Tangible fixed assets -€2,838
down €2,838 (-12.9%), from €22,014 to €19,175
of which Furniture and vehicles: -€5,033
- Tax, wage and social debts -€23,245
down €23,245 (-98.9%), from €23,493 to €248
- Gross operating margin -€7,873
down €7,873 (-27.8%), from €28,278 to €20,405
- Depreciation -€1,398
down €1,398 (-13.5%), from €10,359 to €8,961
- Taxes -€1,123
down €1,123 (-25.6%), from €4,387 to €3,264
- Other operating charges -€700
down €700 (-21.2%), from €3,301 to €2,601
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 | €240,775 | €222,739 | -€18,036 | -7.5% |
| Formation expenses | 20 | - | €1,201 | +€1,201 | |
| Fixed assets | 21/28 | €22,164 | €19,325 | -€2,838 | -12.8% |
| Tangible fixed assets | 22/27 | €22,014 | €19,175 | -€2,838 | -12.9% |
| Plant, machinery and equipment | 23 | €8,172 | €6,838 | -€1,334 | -16.3% |
| Furniture and vehicles | 24 | €13,842 | €8,809 | -€5,033 | -36.4% |
| Other tangible fixed assets | 26 | - | €3,529 | +€3,529 | |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €218,611 | €202,212 | -€16,399 | -7.5% |
| Stocks and contracts in progress | 3 | - | €653 | +€653 | |
| Stocks | 30/36 | - | €653 | +€653 | |
| Amounts receivable within one year | 40/41 | €26,409 | €64,922 | +€38,513 | +145.8% |
| Trade receivables | 40 | €20,796 | €15,073 | -€5,723 | -27.5% |
| Other amounts receivable | 41 | €5,613 | €49,848 | +€44,236 | +788.2% |
| Cash at bank and in hand | 54/58 | €155,095 | €109,491 | -€45,605 | -29.4% |
| Deferred charges and accrued income | 490/1 | €37,107 | €27,147 | -€9,960 | -26.8% |
| Total equity and liabilities | 10/49 | €240,775 | €222,739 | -€18,036 | -7.5% |
| Equity | 10/15 | €208,847 | €210,735 | +€1,888 | +0.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €198,847 | €200,735 | +€1,888 | +0.9% |
| Distributable reserves | 133 | €198,847 | €200,735 | +€1,888 | +0.9% |
| Amounts payable | 17/49 | €31,928 | €12,004 | -€19,924 | -62.4% |
| Amounts payable within one year | 42/48 | €31,928 | €12,004 | -€19,924 | -62.4% |
| Trade debts | 44 | €5,476 | €6,808 | +€1,332 | +24.3% |
| Suppliers | 440/4 | €5,476 | €6,808 | +€1,332 | +24.3% |
| Taxes, remuneration and social security | 45 | €23,493 | €248 | -€23,245 | -98.9% |
| Taxes | 450/3 | €23,493 | €248 | -€23,245 | -98.9% |
| Other amounts payable | 47/48 | €2,959 | €4,948 | +€1,990 | +67.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,359 | €8,961 | -€1,398 | -13.5% |
| Other operating charges | 640/8 | €3,301 | €2,601 | -€700 | -21.2% |
| Gross operating margin | 9900 | €28,278 | €20,405 | -€7,873 | -27.8% |
| Operating profit (loss) | 9901 | €14,618 | €8,843 | -€5,776 | -39.5% |
| Financial income | 75/76B | €103 | €96 | -€6 | -6.1% |
| Recurring financial income | 75 | €103 | €96 | -€6 | -6.1% |
| Financial charges | 65/66B | €3,734 | €3,787 | +€53 | +1.4% |
| Recurring financial charges | 65 | €3,734 | €3,787 | +€53 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | €10,987 | €5,152 | -€5,834 | -53.1% |
| Income taxes | 67/77 | €4,387 | €3,264 | -€1,123 | -25.6% |
| Profit (loss) for the period | 9904 | €6,599 | €1,888 | -€4,711 | -71.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,599 | €1,888 | -€4,711 | -71.4% |
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 8 October 2026 via checked.be.