Skogafoss: 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.
Skogafoss
Largest movements
- Receivables within one year +€6,806
up €6,806 (+10.8%), from €62,806 to €69,611
of which Other amounts receivable: +€26,859
- Tangible fixed assets +€6,773
up €6,773 (+10.7%), from €63,406 to €70,179
of which Other tangible fixed assets: +€7,632
- Cash -€4,264
down €4,264 (-10.8%), from €39,341 to €35,078
mainly Contributions, distributions and other (-€98,710) and Investment in fixed assets (net) (-€15,544)
- Other debts +€14,088
up €14,088 (+9.7%), from €145,229 to €159,316
- Tax, wage and social debts -€4,167
down €4,167 (-32.1%), from €12,981 to €8,814
- Accrued charges and deferred income -€1,944
down €1,944 (-72.2%), from €2,694 to €750
- Gross operating margin -€14,144
down €14,144 (-9.4%), from €150,881 to €136,737
- Depreciation +€3,874
up €3,874 (+79.1%), from €4,897 to €8,771
- Taxes -€3,241
down €3,241 (-10.6%), from €30,719 to €27,478
- Financial charges -€2,239
down €2,239 (-67.9%), from €3,297 to €1,058
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 | €167,603 | €177,106 | +€9,503 | +5.7% |
| Fixed assets | 21/28 | €63,406 | €70,179 | +€6,773 | +10.7% |
| Tangible fixed assets | 22/27 | €63,406 | €70,179 | +€6,773 | +10.7% |
| Furniture and vehicles | 24 | €1,840 | €981 | -€859 | -46.7% |
| Other tangible fixed assets | 26 | €61,566 | €69,198 | +€7,632 | +12.4% |
| Current assets | 29/58 | €104,197 | €106,927 | +€2,730 | +2.6% |
| Amounts receivable within one year | 40/41 | €62,806 | €69,611 | +€6,806 | +10.8% |
| Trade receivables | 40 | €62,163 | €42,109 | -€20,053 | -32.3% |
| Other amounts receivable | 41 | €643 | €27,502 | +€26,859 | +4177.2% |
| Cash at bank and in hand | 54/58 | €39,341 | €35,078 | -€4,264 | -10.8% |
| Deferred charges and accrued income | 490/1 | €2,050 | €2,238 | +€188 | +9.1% |
| Total equity and liabilities | 10/49 | €167,603 | €177,106 | +€9,503 | +5.7% |
| Equity | 10/15 | €1,000 | €1,000 | = | 0.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €166,603 | €176,106 | +€9,503 | +5.7% |
| Amounts payable within one year | 42/48 | €163,910 | €175,356 | +€11,446 | +7.0% |
| Trade debts | 44 | €5,700 | €7,226 | +€1,525 | +26.8% |
| Suppliers | 440/4 | €5,700 | €7,226 | +€1,525 | +26.8% |
| Taxes, remuneration and social security | 45 | €12,981 | €8,814 | -€4,167 | -32.1% |
| Taxes | 450/3 | €12,981 | €8,814 | -€4,167 | -32.1% |
| Other amounts payable | 47/48 | €145,229 | €159,316 | +€14,088 | +9.7% |
| Accrued charges and deferred income | 492/3 | €2,694 | €750 | -€1,944 | -72.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,897 | €8,771 | +€3,874 | +79.1% |
| Other operating charges | 640/8 | €714 | €734 | +€20 | +2.8% |
| Gross operating margin | 9900 | €150,881 | €136,737 | -€14,144 | -9.4% |
| Operating profit (loss) | 9901 | €145,270 | €127,232 | -€18,038 | -12.4% |
| Financial income | 75/76B | €5 | €14 | +€9 | +177.7% |
| Recurring financial income | 75 | €5 | €14 | +€9 | +177.7% |
| Financial charges | 65/66B | €3,297 | €1,058 | -€2,239 | -67.9% |
| Recurring financial charges | 65 | €3,297 | €1,058 | -€2,239 | -67.9% |
| Profit (loss) for the period before taxes | 9903 | €141,978 | €126,188 | -€15,791 | -11.1% |
| Income taxes | 67/77 | €30,719 | €27,478 | -€3,241 | -10.6% |
| Profit (loss) for the period | 9904 | €111,259 | €98,710 | -€12,549 | -11.3% |
| Profit (loss) for the period to be appropriated | 9905 | €111,259 | €98,710 | -€12,549 | -11.3% |
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 7 October 2026 via checked.be.