SKOLEAS: 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.
SKOLEAS
Largest movements
- Cash -€40,701
down €40,701 (-60.7%), from €67,106 to €26,406
mainly Contributions, distributions and other (-€80,900) and Receivables within one year (-€27,457)
- Receivables within one year +€27,457
up €27,457 (+103%), from €26,681 to €54,139
- Deferred charges and accrued income +€20,950
up €20,950 (+638%), from €3,283 to €24,234
- Current investments -€20,009
down €20,009 (-20.5%), from €97,718 to €77,710
- Tangible fixed assets +€8,710
up €8,710 (+93.8%), from €9,281 to €17,990
of which Plant, machinery and equipment: +€9,371
- Reserves -€10,538
down €10,538 (-6.4%), from €165,851 to €155,313
- Tax, wage and social debts +€7,946
up €7,946 (+33.3%), from €23,881 to €31,827
- Trade debts -€3,120
down €3,120 (-48.2%), from €6,478 to €3,358
- Other debts +€2,119
up €2,119 (+74.1%), from €2,861 to €4,980
- Gross operating margin +€10,650
up €10,650 (+12.4%), from €86,154 to €96,804
- Financial charges +€2,027
up €2,027 (+310%), from €654 to €2,681
- Taxes +€1,796
up €1,796 (+9.8%), from €18,391 to €20,187
- Depreciation +€1,402
up €1,402 (+62.2%), from €2,254 to €3,656
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €204,070 | €200,477 | -€3,593 | -1.8% |
| Fixed assets | 21/28 | €9,281 | €17,990 | +€8,710 | +93.8% |
| Tangible fixed assets | 22/27 | €9,281 | €17,990 | +€8,710 | +93.8% |
| Plant, machinery and equipment | 23 | €3,788 | €13,159 | +€9,371 | +247% |
| Furniture and vehicles | 24 | €5,493 | €4,831 | -€661 | -12.0% |
| Current assets | 29/58 | €194,790 | €182,487 | -€12,302 | -6.3% |
| Amounts receivable within one year | 40/41 | €26,681 | €54,139 | +€27,457 | +103% |
| Trade receivables | 40 | €26,681 | €54,139 | +€27,457 | +103% |
| Current investments | 50/53 | €97,718 | €77,710 | -€20,009 | -20.5% |
| Cash at bank and in hand | 54/58 | €67,106 | €26,406 | -€40,701 | -60.7% |
| Deferred charges and accrued income | 490/1 | €3,283 | €24,234 | +€20,950 | +638% |
| Total equity and liabilities | 10/49 | €204,070 | €200,477 | -€3,593 | -1.8% |
| Equity | 10/15 | €170,851 | €160,313 | -€10,538 | -6.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €165,851 | €155,313 | -€10,538 | -6.4% |
| Distributable reserves | 133 | €165,851 | €155,313 | -€10,538 | -6.4% |
| Amounts payable | 17/49 | €33,219 | €40,165 | +€6,945 | +20.9% |
| Amounts payable within one year | 42/48 | €33,219 | €40,165 | +€6,945 | +20.9% |
| Trade debts | 44 | €6,478 | €3,358 | -€3,120 | -48.2% |
| Suppliers | 440/4 | €6,478 | €3,358 | -€3,120 | -48.2% |
| Taxes, remuneration and social security | 45 | €23,881 | €31,827 | +€7,946 | +33.3% |
| Taxes | 450/3 | €23,881 | €31,827 | +€7,946 | +33.3% |
| Other amounts payable | 47/48 | €2,861 | €4,980 | +€2,119 | +74.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,254 | €3,656 | +€1,402 | +62.2% |
| Other operating charges | 640/8 | €1,131 | €1,242 | +€111 | +9.9% |
| Gross operating margin | 9900 | €86,154 | €96,804 | +€10,650 | +12.4% |
| Operating profit (loss) | 9901 | €82,768 | €91,906 | +€9,137 | +11.0% |
| Financial income | 75/76B | €479 | €1,325 | +€846 | +177% |
| Recurring financial income | 75 | €479 | €1,325 | +€846 | +177% |
| Financial charges | 65/66B | €654 | €2,681 | +€2,027 | +310% |
| Recurring financial charges | 65 | €654 | €2,681 | +€2,027 | +310% |
| Profit (loss) for the period before taxes | 9903 | €82,593 | €90,549 | +€7,956 | +9.6% |
| Income taxes | 67/77 | €18,391 | €20,187 | +€1,796 | +9.8% |
| Profit (loss) for the period | 9904 | €64,202 | €70,362 | +€6,159 | +9.6% |
| Profit (loss) for the period to be appropriated | 9905 | €64,202 | €70,362 | +€6,159 | +9.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.