SKP: what changed
What changed
SKP
NACE 46.644, Wholesale trade
filed annual accounts (NBB)
Net result for the year
-€12,061
2024 · €15,553-€27,614
Equity
€859,805
2024 · €871,865-€12,061
Cash
€485,850
2024 · €613,965-€128,114
Balance sheet total
€3.2m
2024 · €3.3m-€39,084
Largest movements
Assets
- Cash -€128,114
down €128,114 (-20.9%), from €613,965 to €485,850
mainly Other debts (-€224,709) and Investment in fixed assets (net) (-€148,638)
- Deferred charges and accrued income +€75,660
up €75,660 (+201%), from €37,620 to €113,280
- Receivables within one year +€56,693
up €56,693 (+6.0%), from €937,190 to €993,884
of which Trade receivables: +€107,175
- Tangible fixed assets -€47,293
down €47,293 (-6.9%), from €687,842 to €640,550
of which Other tangible fixed assets: -€50,061
Equity and liabilities
- Other debts -€224,709
down €224,709 (-98.9%), from €227,219 to €2,511
- Trade debts +€170,440
up €170,440 (+29.4%), from €579,494 to €749,935
- Accrued charges and deferred income +€56,061
up €56,061 (+134%), from €41,796 to €97,857
- Debts after one year -€46,197
down €46,197 (-11.4%), from €403,954 to €357,757
Income statement
- Gross operating margin -€23,891
down €23,891 (-1.6%), from €1.5m to €1.5m
- Depreciation +€17,128
up €17,128 (+9.6%), from €177,712 to €194,841
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€15,553
Gross operating margin
-€23,891
Staff costs
+€7,329
Depreciation
-€17,128
Other operating charges
-€241
Other operating items
-€3,020
Financial income
-€14,071
Financial charges
+€11,921
Taxes
+€11,488
Result 2025
-€12,061
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€74,265
Investment
-€148,638
Financing
-€53,741
Cash 2024
€613,965
From operations (derived)
+€74,265
Net result for the year
-€12,061
Depreciation
+€194,841
Stocks and contracts
-€2,880
Receivables within one year
-€56,693
Deferred charges and accrued income
-€75,660
Provisions
-€1,053
Trade debts
+€170,440
Tax, wage and social debts
+€25,979
Other debts
-€224,709
Accrued charges and deferred income
+€56,061
Investment (derived)
-€148,638
Investment in fixed assets (net)
-€148,638
Financing
-€53,741
Debts after one year
-€46,197
Current portion of long-term debt
+€4,921
Short-term financial debts
-€12,465
Cash 2025
€485,850
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,279,558 | €3,240,474 | -€39,084 | -1.2% |
| Fixed assets | 21/28 | €695,335 | €649,133 | -€46,203 | -6.6% |
| Tangible fixed assets | 22/27 | €687,842 | €640,550 | -€47,293 | -6.9% |
| Plant, machinery and equipment | 23 | €66,734 | €48,925 | -€17,810 | -26.7% |
| Furniture and vehicles | 24 | €115,214 | €165,931 | +€50,718 | +44.0% |
| Leasing and similar rights | 25 | €271,802 | €241,663 | -€30,139 | -11.1% |
| Other tangible fixed assets | 26 | €234,093 | €184,031 | -€50,061 | -21.4% |
| Financial fixed assets | 28 | €7,493 | €8,583 | +€1,090 | +14.5% |
| Current assets | 29/58 | €2,584,223 | €2,591,342 | +€7,119 | +0.3% |
| Amounts receivable after more than one year | 29 | €120,000 | €120,000 | = | 0.0% |
| Other amounts receivable | 291 | €120,000 | €120,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €875,448 | €878,328 | +€2,880 | +0.3% |
| Stocks | 30/36 | €875,448 | €878,328 | +€2,880 | +0.3% |
| Amounts receivable within one year | 40/41 | €937,190 | €993,884 | +€56,693 | +6.0% |
| Trade receivables | 40 | €819,041 | €926,216 | +€107,175 | +13.1% |
| Other amounts receivable | 41 | €118,149 | €67,668 | -€50,482 | -42.7% |
| Cash at bank and in hand | 54/58 | €613,965 | €485,850 | -€128,114 | -20.9% |
| Deferred charges and accrued income | 490/1 | €37,620 | €113,280 | +€75,660 | +201% |
| Total equity and liabilities | 10/49 | €3,279,558 | €3,240,474 | -€39,084 | -1.2% |
| Equity | 10/15 | €871,865 | €859,805 | -€12,061 | -1.4% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €721,865 | €709,805 | -€12,061 | -1.7% |
| Non-distributable reserves | 130/1 | €15,138 | €15,138 | = | 0.0% |
| Legal reserve | 130 | €15,000 | €15,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €138 | €138 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,228 | €11,067 | -€3,160 | -22.2% |
| Distributable reserves | 133 | €692,499 | €683,599 | -€8,900 | -1.3% |
| Provisions and deferred taxes | 16 | €4,389 | €3,335 | -€1,053 | -24.0% |
| Deferred taxes | 168 | €4,389 | €3,335 | -€1,053 | -24.0% |
| Amounts payable | 17/49 | €2,403,304 | €2,377,334 | -€25,970 | -1.1% |
| Amounts payable after more than one year | 17 | €403,954 | €357,757 | -€46,197 | -11.4% |
| Financial debts | 170/4 | €403,954 | €357,757 | -€46,197 | -11.4% |
| Amounts payable within one year | 42/48 | €1,957,554 | €1,921,721 | -€35,834 | -1.8% |
| Current portion of amounts payable after more than one year | 42 | €125,216 | €130,137 | +€4,921 | +3.9% |
| Financial debts | 43 | €823,557 | €811,093 | -€12,465 | -1.5% |
| Credit institutions | 430/8 | €823,557 | €811,093 | -€12,465 | -1.5% |
| Trade debts | 44 | €579,494 | €749,935 | +€170,440 | +29.4% |
| Suppliers | 440/4 | €579,494 | €749,935 | +€170,440 | +29.4% |
| Taxes, remuneration and social security | 45 | €202,067 | €228,046 | +€25,979 | +12.9% |
| Taxes | 450/3 | €64,668 | €83,902 | +€19,233 | +29.7% |
| Remuneration and social security | 454/9 | €137,399 | €144,144 | +€6,745 | +4.9% |
| Other amounts payable | 47/48 | €227,219 | €2,511 | -€224,709 | -98.9% |
| Accrued charges and deferred income | 492/3 | €41,796 | €97,857 | +€56,061 | +134% |
| Non-recurring operating income | 76A | €16,081 | - | -€16,081 | |
| Remuneration, social security and pensions | 62 | €1,227,263 | €1,219,934 | -€7,329 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €177,712 | €194,841 | +€17,128 | +9.6% |
| Other operating charges | 640/8 | €16,348 | €16,589 | +€241 | +1.5% |
| Non-recurring operating charges | 66A | - | €3,020 | +€3,020 | |
| Gross operating margin | 9900 | €1,492,908 | €1,469,017 | -€23,891 | -1.6% |
| Operating profit (loss) | 9901 | €71,585 | €34,633 | -€36,952 | -51.6% |
| Financial income | 75/76B | €35,769 | €21,698 | -€14,071 | -39.3% |
| Recurring financial income | 75 | €35,769 | €21,698 | -€14,071 | -39.3% |
| Financial charges | 65/66B | €73,472 | €61,551 | -€11,921 | -16.2% |
| Recurring financial charges | 65 | €73,472 | €61,551 | -€11,921 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | €33,881 | -€5,220 | -€39,102 | |
| Transfer from deferred taxes | 780 | €1,053 | €1,053 | = | 0.0% |
| Income taxes | 67/77 | €19,382 | €7,894 | -€11,488 | -59.3% |
| Profit (loss) for the period | 9904 | €15,553 | -€12,061 | -€27,614 | |
| Transfer from tax-exempt reserves | 789 | €3,160 | €3,160 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,713 | -€8,900 | -€27,614 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.