SKM: 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.
What changed
SKM
NACE 47.716, Retail sale of clothing and accessories for women, men, children and babies (general range)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.3m
2024 · €1.5m-€282,420
Equity
€5.8m
2024 · €6.1m-€247,940
Cash
€2.1m
2024 · €2.0m+€60,221
Balance sheet total
€8.2m
2024 · €8.1m+€48,354
Largest movements
Assets
- Current investments -€2.5m
down €2.5m (-95.4%), from €2.6m to €118,975
- Receivables after one year +€1.8m
new in 2025: €1.8m
- Tangible fixed assets +€321,338
up €321,338 (+17.1%), from €1.9m to €2.2m
of which Other tangible fixed assets: +€318,562
- Stocks and contracts +€272,649
up €272,649 (+18.3%), from €1.5m to €1.8m
- Receivables within one year +€103,493
up €103,493 (+3,412%), from €3,033 to €106,526
of which Other amounts receivable: +€78,473
Equity and liabilities
- Debts after one year +€266,354
up €266,354 (+62.1%), from €428,989 to €695,343
- Profit (loss) carried forward -€247,940
down €247,940 (-7.6%), from €3.3m to €3.0m
- Trade debts +€118,729
up €118,729 (+14.7%), from €810,264 to €928,994
- Tax, wage and social debts -€87,708
down €87,708 (-17.7%), from €495,749 to €408,041
of which Taxes: -€88,089
Income statement
- Turnover +€808,469
up €808,469 (+5.6%), from €14.3m to €15.2m
- Services and other goods +€513,530
up €513,530 (+21.3%), from €2.4m to €2.9m
- Goods and materials +€423,173
up €423,173 (+5.7%), from €7.4m to €7.8m
of which Purchases: +€1.2m
- Write-downs +€165,775
up €165,775, from -€108,653 to €57,122
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.
Result 2024
€1.5m
Turnover
+€808,469
Other operating income
-€7,719
Goods and materials
-€423,173
Services and other goods
-€513,530
Staff costs
-€62,506
Depreciation
-€48,262
Write-downs
-€165,775
Other operating charges
-€6,534
Financial income
+€67,681
Financial charges
-€40,093
Taxes
+€109,021
Result 2025
€1.3m
raises the resultlowers the result
Derived cash bridge
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.
From operations
-€455,302
Investment
+€1.7m
Financing
-€1.2m
Cash 2024
€2.0m
From operations (derived)
-€455,302
Net result for the year
+€1.3m
Depreciation
+€453,992
Receivables after one year
-€1.8m
Stocks and contracts
-€272,649
Receivables within one year
-€103,493
Deferred charges and accrued income
-€12,793
Trade debts
+€118,729
Tax, wage and social debts
-€87,708
Advances received
-€11,487
Accrued charges and deferred income
+€6,166
Investment (derived)
+€1.7m
Investment in fixed assets (net)
-€746,277
Current investments
+€2.5m
Financing
-€1.2m
Debts after one year
+€266,354
Current portion of long-term debt
+€4,240
Contributions, distributions and other
-€1.5m
Cash 2025
€2.1m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,135,220 | €8,183,574 | +€48,354 | +0.6% |
| Fixed assets | 21/28 | €1,973,730 | €2,266,016 | +€292,285 | +14.8% |
| Intangible fixed assets | 21 | €94,478 | €65,058 | -€29,421 | -31.1% |
| Tangible fixed assets | 22/27 | €1,878,019 | €2,199,357 | +€321,338 | +17.1% |
| Land and buildings | 22 | €3,959 | €2,564 | -€1,395 | -35.2% |
| Plant, machinery and equipment | 23 | €53,172 | €49,931 | -€3,241 | -6.1% |
| Furniture and vehicles | 24 | €32,749 | €40,160 | +€7,411 | +22.6% |
| Other tangible fixed assets | 26 | €1,788,139 | €2,106,701 | +€318,562 | +17.8% |
| Financial fixed assets | 28 | €1,233 | €1,601 | +€368 | +29.9% |
| Other financial fixed assets | 284/8 | €1,233 | €1,601 | +€368 | +29.9% |
| Amounts receivable and cash guarantees | 285/8 | €1,233 | €1,601 | +€368 | +29.9% |
| Current assets | 29/58 | €6,161,490 | €5,917,559 | -€243,932 | -4.0% |
| Amounts receivable after more than one year | 29 | - | €1,798,119 | +€1.8m | |
| Other amounts receivable | 291 | - | €1,798,119 | +€1.8m | |
| Stocks and contracts in progress | 3 | €1,486,440 | €1,759,089 | +€272,649 | +18.3% |
| Stocks | 30/36 | €1,486,440 | €1,759,089 | +€272,649 | +18.3% |
| Goods purchased for resale | 34 | €1,486,440 | €1,759,089 | +€272,649 | +18.3% |
| Amounts receivable within one year | 40/41 | €3,033 | €106,526 | +€103,493 | +3,412% |
| Trade receivables | 40 | €1,717 | €26,736 | +€25,020 | +1,458% |
| Other amounts receivable | 41 | €1,317 | €79,790 | +€78,473 | +5,959% |
| Current investments | 50/53 | €2,610,181 | €118,975 | -€2.5m | -95.4% |
| Other investments | 51/53 | €2,610,181 | €118,975 | -€2.5m | -95.4% |
| Cash at bank and in hand | 54/58 | €2,008,375 | €2,068,595 | +€60,221 | +3.0% |
| Deferred charges and accrued income | 490/1 | €53,460 | €66,253 | +€12,793 | +23.9% |
| Total equity and liabilities | 10/49 | €8,135,220 | €8,183,574 | +€48,354 | +0.6% |
| Equity | 10/15 | €6,095,959 | €5,848,019 | -€247,940 | -4.1% |
| Contributions | 10/11 | €675,000 | €675,000 | = | 0.0% |
| Capital | 10 | €675,000 | €675,000 | = | 0.0% |
| Issued capital | 100 | €675,000 | €675,000 | = | 0.0% |
| Reserves | 13 | €2,170,219 | €2,170,219 | = | 0.0% |
| Non-distributable reserves | 130/1 | €67,500 | €67,500 | = | 0.0% |
| Legal reserve | 130 | €67,500 | €67,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,583,549 | €1,204,649 | -€378,900 | -23.9% |
| Distributable reserves | 133 | €519,170 | €898,070 | +€378,900 | +73.0% |
| Profit (loss) carried forward | 14 | €3,250,740 | €3,002,800 | -€247,940 | -7.6% |
| Amounts payable | 17/49 | €2,039,262 | €2,335,555 | +€296,294 | +14.5% |
| Amounts payable after more than one year | 17 | €428,989 | €695,343 | +€266,354 | +62.1% |
| Financial debts | 170/4 | €428,989 | €695,343 | +€266,354 | +62.1% |
| Credit institutions | 173 | €428,989 | €695,343 | +€266,354 | +62.1% |
| Amounts payable within one year | 42/48 | €1,580,534 | €1,604,308 | +€23,774 | +1.5% |
| Current portion of amounts payable after more than one year | 42 | €179,406 | €183,646 | +€4,240 | +2.4% |
| Trade debts | 44 | €810,264 | €928,994 | +€118,729 | +14.7% |
| Suppliers | 440/4 | €810,264 | €928,994 | +€118,729 | +14.7% |
| Advances received on contracts in progress | 46 | €95,114 | €83,627 | -€11,487 | -12.1% |
| Taxes, remuneration and social security | 45 | €495,749 | €408,041 | -€87,708 | -17.7% |
| Taxes | 450/3 | €255,302 | €167,213 | -€88,089 | -34.5% |
| Remuneration and social security | 454/9 | €240,447 | €240,828 | +€381 | +0.2% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €29,739 | €35,904 | +€6,166 | +20.7% |
| Operating income | 70/76A | €14,407,856 | €15,208,607 | +€800,751 | +5.6% |
| Turnover | 70 | €14,345,595 | €15,154,064 | +€808,469 | +5.6% |
| Other operating income | 74 | €62,261 | €54,543 | -€7,719 | -12.4% |
| Operating charges | 60/66A | €12,537,643 | €13,757,424 | +€1.2m | +9.7% |
| Goods for resale, raw materials and consumables | 60 | €7,409,387 | €7,832,560 | +€423,173 | +5.7% |
| Purchases | 600/8 | €6,971,767 | €8,162,331 | +€1.2m | +17.1% |
| Change in stocks: decrease (increase) | 609 | €437,620 | -€329,772 | -€767,392 | |
| Services and other goods | 61 | €2,408,717 | €2,922,247 | +€513,530 | +21.3% |
| Remuneration, social security and pensions | 62 | €2,358,224 | €2,420,730 | +€62,506 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €405,729 | €453,992 | +€48,262 | +11.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€108,653 | €57,122 | +€165,775 | |
| Other operating charges | 640/8 | €64,239 | €70,773 | +€6,534 | +10.2% |
| Operating profit (loss) | 9901 | €1,870,213 | €1,451,183 | -€419,030 | -22.4% |
| Financial income | 75/76B | €277,093 | €344,774 | +€67,681 | +24.4% |
| Recurring financial income | 75 | €277,093 | €344,774 | +€67,681 | +24.4% |
| Income from current assets | 751 | €34,395 | €52,943 | +€18,548 | +53.9% |
| Other financial income | 752/9 | €242,698 | €291,832 | +€49,134 | +20.2% |
| Financial charges | 65/66B | €62,303 | €102,395 | +€40,093 | +64.4% |
| Recurring financial charges | 65 | €62,303 | €102,395 | +€40,093 | +64.4% |
| Debt charges | 650 | €23,788 | €21,147 | -€2,641 | -11.1% |
| Other financial charges | 652/9 | €38,514 | €81,248 | +€42,734 | +111% |
| Profit (loss) for the period before taxes | 9903 | €2,085,003 | €1,693,562 | -€391,441 | -18.8% |
| Income taxes | 67/77 | €550,523 | €441,502 | -€109,021 | -19.8% |
| Taxes | 670/3 | €550,523 | €441,502 | -€109,021 | -19.8% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €1,534,480 | €1,252,060 | -€282,420 | -18.4% |
| Transfer from tax-exempt reserves | 789 | - | €378,900 | +€378,900 | |
| Transfer to tax-exempt reserves | 689 | €526,250 | €0 | -€526,250 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €1,008,230 | €1,630,960 | +€622,730 | +61.8% |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.