SKR GROUP: 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.
SKR GROUP
Largest movements
- Receivables within one year +€53,883
up €53,883 (+83.0%), from €64,890 to €118,773
of which Trade receivables: +€52,141
- Cash -€8,827
down €8,827 (-68.1%), from €12,968 to €4,141
mainly Net result for the year (-€72,547) and Receivables within one year (-€53,883)
- Financial fixed assets +€6,000
new in 2023: €6,000
- Tangible fixed assets +€2,238
new in 2023: €2,238
of which Plant, machinery and equipment: +€1,560
- Trade debts +€107,071
up €107,071 (+615%), from €17,415 to €124,486
- Profit (loss) carried forward -€72,547
down €72,547, from €35,747 to -€36,800
- Other debts +€15,381
up €15,381 (+171%), from €9,021 to €24,402
- Tax, wage and social debts +€2,964
up €2,964 (+26.4%), from €11,210 to €14,174
- Gross operating margin -€96,325
down €96,325, from €45,640 to -€50,685
- Write-downs +€16,250
new in 2023: €16,250
- Taxes -€8,968
no longer reported in 2023 (was €8,968)
- Other operating charges +€3,348
up €3,348 (+397%), from €844 to €4,192
- Financial charges +€1,102
up €1,102 (+1,349%), from €82 to €1,184
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €78,893 | €131,762 | +€52,869 | +67.0% |
| Fixed assets | 21/28 | - | €8,238 | +€8,238 | |
| Tangible fixed assets | 22/27 | - | €2,238 | +€2,238 | |
| Plant, machinery and equipment | 23 | - | €1,560 | +€1,560 | |
| Furniture and vehicles | 24 | - | €678 | +€678 | |
| Financial fixed assets | 28 | - | €6,000 | +€6,000 | |
| Current assets | 29/58 | €78,893 | €123,524 | +€44,631 | +56.6% |
| Amounts receivable within one year | 40/41 | €64,890 | €118,773 | +€53,883 | +83.0% |
| Trade receivables | 40 | €64,890 | €117,031 | +€52,141 | +80.4% |
| Other amounts receivable | 41 | - | €1,743 | +€1,743 | |
| Cash at bank and in hand | 54/58 | €12,968 | €4,141 | -€8,827 | -68.1% |
| Deferred charges and accrued income | 490/1 | €1,035 | €609 | -€426 | -41.1% |
| Total equity and liabilities | 10/49 | €78,893 | €131,762 | +€52,869 | +67.0% |
| Equity | 10/15 | €38,747 | -€33,800 | -€72,547 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,747 | -€36,800 | -€72,547 | |
| Amounts payable | 17/49 | €40,146 | €165,562 | +€125,416 | +312% |
| Amounts payable after more than one year | 17 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 178/9 | €2,500 | €2,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €37,646 | €163,062 | +€125,416 | +333% |
| Trade debts | 44 | €17,415 | €124,486 | +€107,071 | +615% |
| Suppliers | 440/4 | €17,415 | €124,486 | +€107,071 | +615% |
| Taxes, remuneration and social security | 45 | €11,210 | €14,174 | +€2,964 | +26.4% |
| Taxes | 450/3 | €11,210 | €14,174 | +€2,964 | +26.4% |
| Other amounts payable | 47/48 | €9,021 | €24,402 | +€15,381 | +171% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €247 | +€247 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €16,250 | +€16,250 | |
| Other operating charges | 640/8 | €844 | €4,192 | +€3,348 | +397% |
| Gross operating margin | 9900 | €45,640 | -€50,685 | -€96,325 | |
| Operating profit (loss) | 9901 | €44,797 | -€71,373 | -€116,170 | |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €82 | €1,184 | +€1,102 | +1,349% |
| Recurring financial charges | 65 | €82 | €1,184 | +€1,102 | +1,349% |
| Profit (loss) for the period before taxes | 9903 | €44,715 | -€72,547 | -€117,263 | |
| Income taxes | 67/77 | €8,968 | - | -€8,968 | |
| Profit (loss) for the period | 9904 | €35,747 | -€72,547 | -€108,295 | |
| Profit (loss) for the period to be appropriated | 9905 | €35,747 | -€72,547 | -€108,295 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.