SKMA: 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.
SKMA
Largest movements
- Cash -€53,717
down €53,717 (-97.8%), from €54,909 to €1,193
mainly Trade debts (-€90,878)
- Receivables within one year -€11,055
down €11,055 (-7.3%), from €151,290 to €140,235
of which Trade receivables: -€61,839
- Trade debts -€90,878
no longer reported in 2024 (was €90,878)
- Profit (loss) carried forward +€26,107
up €26,107 (+27.5%), from €94,861 to €120,967
- Gross operating margin +€19,395
up €19,395 (+279.9%), from €6,929 to €26,323
- Staff costs -€1,776
no longer reported in 2024 (was €1,776)
- Taxes -€1,144
no longer reported in 2024 (was €1,144)
- Other operating charges -€689
down €689 (-76.1%), from €906 to €217
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €206,199 | €141,427 | -€64,772 | -31.4% |
| Current assets | 29/58 | €206,199 | €141,427 | -€64,772 | -31.4% |
| Amounts receivable within one year | 40/41 | €151,290 | €140,235 | -€11,055 | -7.3% |
| Trade receivables | 40 | €61,839 | - | -€61,839 | |
| Other amounts receivable | 41 | €89,451 | €140,235 | +€50,784 | +56.8% |
| Cash at bank and in hand | 54/58 | €54,909 | €1,193 | -€53,717 | -97.8% |
| Total equity and liabilities | 10/49 | €206,199 | €141,427 | -€64,772 | -31.4% |
| Equity | 10/15 | €115,321 | €141,427 | +€26,107 | +22.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Outside capital | 11 | - | €18,600 | +€18,600 | |
| Other | 1109/19 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €94,861 | €120,967 | +€26,107 | +27.5% |
| Amounts payable | 17/49 | €90,878 | - | -€90,878 | |
| Amounts payable within one year | 42/48 | €90,878 | - | -€90,878 | |
| Trade debts | 44 | €90,878 | - | -€90,878 | |
| Suppliers | 440/4 | €90,878 | - | -€90,878 | |
| Remuneration, social security and pensions | 62 | €1,776 | - | -€1,776 | |
| Other operating charges | 640/8 | €906 | €217 | -€689 | -76.1% |
| Gross operating margin | 9900 | €6,929 | €26,323 | +€19,395 | +279.9% |
| Operating profit (loss) | 9901 | €4,247 | €26,107 | +€21,860 | +514.8% |
| Profit (loss) for the period before taxes | 9903 | €4,247 | €26,107 | +€21,860 | +514.8% |
| Income taxes | 67/77 | €1,144 | - | -€1,144 | |
| Profit (loss) for the period | 9904 | €3,103 | €26,107 | +€23,004 | +741.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,103 | €26,107 | +€23,004 | +741.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.