SKOT: 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.
SKOT
Largest movements
- Cash -€32,167
down €32,167 (-23.0%), from €139,842 to €107,675
mainly Contributions, distributions and other (-€122,100) and Other debts (-€25,894)
- Tangible fixed assets -€7,224
down €7,224 (-93.1%), from €7,762 to €538
- Receivables within one year +€5,518
up €5,518 (+23.7%), from €23,296 to €28,814
of which Other amounts receivable: +€3,679
- Other debts -€25,894
down €25,894 (-18.4%), from €140,864 to €114,969
- Tax, wage and social debts -€7,919
down €7,919 (-40.6%), from €19,502 to €11,582
- Gross operating margin -€15,962
down €15,962 (-8.8%), from €182,309 to €166,347
- Taxes -€4,066
down €4,066 (-10.1%), from €40,386 to €36,321
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 | €171,176 | €137,336 | -€33,840 | -19.8% |
| Fixed assets | 21/28 | €7,762 | €538 | -€7,224 | -93.1% |
| Tangible fixed assets | 22/27 | €7,762 | €538 | -€7,224 | -93.1% |
| Furniture and vehicles | 24 | €7,762 | €538 | -€7,224 | -93.1% |
| Current assets | 29/58 | €163,414 | €136,798 | -€26,617 | -16.3% |
| Amounts receivable within one year | 40/41 | €23,296 | €28,814 | +€5,518 | +23.7% |
| Trade receivables | 40 | €23,296 | €25,135 | +€1,838 | +7.9% |
| Other amounts receivable | 41 | - | €3,679 | +€3,679 | |
| Cash at bank and in hand | 54/58 | €139,842 | €107,675 | -€32,167 | -23.0% |
| Deferred charges and accrued income | 490/1 | €276 | €309 | +€33 | +11.8% |
| Total equity and liabilities | 10/49 | €171,176 | €137,336 | -€33,840 | -19.8% |
| Equity | 10/15 | €10,074 | €10,051 | -€23 | -0.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74 | €51 | -€23 | -31.5% |
| Amounts payable | 17/49 | €161,102 | €127,285 | -€33,817 | -21.0% |
| Amounts payable within one year | 42/48 | €161,102 | €127,285 | -€33,817 | -21.0% |
| Trade debts | 44 | €736 | €733 | -€3 | -0.5% |
| Suppliers | 440/4 | €736 | €733 | -€3 | -0.5% |
| Taxes, remuneration and social security | 45 | €19,502 | €11,582 | -€7,919 | -40.6% |
| Taxes | 450/3 | €19,502 | €11,582 | -€7,919 | -40.6% |
| Other amounts payable | 47/48 | €140,864 | €114,969 | -€25,894 | -18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,231 | €7,224 | -€1,007 | -12.2% |
| Other operating charges | 640/8 | €674 | €671 | -€4 | -0.6% |
| Gross operating margin | 9900 | €182,309 | €166,347 | -€15,962 | -8.8% |
| Operating profit (loss) | 9901 | €173,403 | €158,452 | -€14,951 | -8.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €60 | €55 | -€4 | -7.2% |
| Recurring financial charges | 65 | €60 | €55 | -€4 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €173,344 | €158,397 | -€14,946 | -8.6% |
| Income taxes | 67/77 | €40,386 | €36,321 | -€4,066 | -10.1% |
| Profit (loss) for the period | 9904 | €132,957 | €122,077 | -€10,881 | -8.2% |
| Profit (loss) for the period to be appropriated | 9905 | €132,957 | €122,077 | -€10,881 | -8.2% |
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 6 October 2026 via checked.be.