SKS Trading: what changed
What changed
SKS Trading
NACE 46.720, Wholesale of motor vehicle parts and accessories
filed annual accounts (NBB)
Net result for the year
€32,778
2024 · €363,367-€330,590
Equity
€560,274
2024 · €677,496-€117,222
Cash
€974,726
2024 · €1.2m-€261,585
Balance sheet total
€2.6m
2024 · €3.7m-€1.0m
Largest movements
Assets
- Receivables within one year -€749,327
down €749,327 (-33.7%), from €2.2m to €1.5m
of which Trade receivables: -€654,408
- Cash -€261,585
down €261,585 (-21.2%), from €1.2m to €974,726
mainly Trade debts (-€559,748) and Other debts (-€353,702)
- Financial fixed assets -€50,000
down €50,000 (-99.2%), from €50,400 to €400
Equity and liabilities
- Trade debts -€559,748
down €559,748 (-22.1%), from €2.5m to €2.0m
- Other debts -€353,702
down €353,702 (-87.4%), from €404,496 to €50,794
- Reserves -€117,222
down €117,222 (-17.8%), from €657,496 to €540,274
of which Distributable reserves: -€117,222
Income statement
- Gross operating margin -€290,152
down €290,152 (-53.8%), from €538,840 to €248,688
- Financial charges +€133,265
up €133,265 (+151%), from €88,109 to €221,374
- Taxes -€105,075
down €105,075 (-87.9%), from €119,603 to €14,528
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
€363,367
Gross operating margin
-€290,152
Staff costs
-€4,522
Depreciation
-€3,899
Other operating charges
-€10
Financial income
-€3,817
Financial charges
-€133,265
Taxes
+€105,075
Result 2025
€32,778
raises the resultlowers the result
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
-€145,771
Investment
+€34,186
Financing
-€150,000
Cash 2024
€1.2m
From operations (derived)
-€145,771
Net result for the year
+€32,778
Depreciation
+€19,136
Stocks and contracts
-€21,418
Receivables within one year
+€749,327
Deferred charges and accrued income
-€5,492
Trade debts
-€559,748
Tax, wage and social debts
-€6,650
Other debts
-€353,702
Investment (derived)
+€34,186
Investment in fixed assets (net)
+€34,186
Financing
-€150,000
Contributions, distributions and other
-€150,000
Cash 2025
€974,726
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,660,673 | €2,623,350 | -€1.0m | -28.3% |
| Fixed assets | 21/28 | €111,058 | €57,736 | -€53,322 | -48.0% |
| Intangible fixed assets | 21 | €7,900 | €3,173 | -€4,727 | -59.8% |
| Tangible fixed assets | 22/27 | €52,758 | €54,163 | +€1,405 | +2.7% |
| Plant, machinery and equipment | 23 | €44,056 | €36,042 | -€8,015 | -18.2% |
| Furniture and vehicles | 24 | €986 | €12,026 | +€11,040 | +1,120% |
| Other tangible fixed assets | 26 | €7,716 | €6,096 | -€1,620 | -21.0% |
| Financial fixed assets | 28 | €50,400 | €400 | -€50,000 | -99.2% |
| Current assets | 29/58 | €3,549,615 | €2,565,614 | -€984,001 | -27.7% |
| Stocks and contracts in progress | 3 | €81,902 | €103,320 | +€21,418 | +26.2% |
| Stocks | 30/36 | €81,902 | €103,320 | +€21,418 | +26.2% |
| Amounts receivable within one year | 40/41 | €2,222,407 | €1,473,080 | -€749,327 | -33.7% |
| Trade receivables | 40 | €2,084,001 | €1,429,593 | -€654,408 | -31.4% |
| Other amounts receivable | 41 | €138,405 | €43,487 | -€94,919 | -68.6% |
| Cash at bank and in hand | 54/58 | €1,236,311 | €974,726 | -€261,585 | -21.2% |
| Deferred charges and accrued income | 490/1 | €8,995 | €14,487 | +€5,492 | +61.1% |
| Total equity and liabilities | 10/49 | €3,660,673 | €2,623,350 | -€1.0m | -28.3% |
| Equity | 10/15 | €677,496 | €560,274 | -€117,222 | -17.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €657,496 | €540,274 | -€117,222 | -17.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €657,496 | €540,274 | -€117,222 | -17.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €2,983,177 | €2,063,077 | -€920,100 | -30.8% |
| Amounts payable within one year | 42/48 | €2,983,177 | €2,063,077 | -€920,100 | -30.8% |
| Trade debts | 44 | €2,530,246 | €1,970,498 | -€559,748 | -22.1% |
| Suppliers | 440/4 | €2,530,246 | €1,970,498 | -€559,748 | -22.1% |
| Taxes, remuneration and social security | 45 | €48,435 | €41,785 | -€6,650 | -13.7% |
| Taxes | 450/3 | €32,301 | €29,603 | -€2,698 | -8.4% |
| Remuneration and social security | 454/9 | €16,134 | €12,182 | -€3,952 | -24.5% |
| Other amounts payable | 47/48 | €404,496 | €50,794 | -€353,702 | -87.4% |
| Remuneration, social security and pensions | 62 | €87,565 | €92,087 | +€4,522 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,237 | €19,136 | +€3,899 | +25.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,325 | €1,334 | +€10 | +0.7% |
| Gross operating margin | 9900 | €538,840 | €248,688 | -€290,152 | -53.8% |
| Operating profit (loss) | 9901 | €434,713 | €136,130 | -€298,583 | -68.7% |
| Financial income | 75/76B | €136,366 | €132,549 | -€3,817 | -2.8% |
| Recurring financial income | 75 | €107,132 | €132,549 | +€25,417 | +23.7% |
| Non-recurring financial income | 76B | €29,234 | €0 | -€29,234 | -100% |
| Financial charges | 65/66B | €88,109 | €221,374 | +€133,265 | +151% |
| Recurring financial charges | 65 | €88,109 | €221,374 | +€133,265 | +151% |
| Profit (loss) for the period before taxes | 9903 | €482,970 | €47,306 | -€435,665 | -90.2% |
| Income taxes | 67/77 | €119,603 | €14,528 | -€105,075 | -87.9% |
| Profit (loss) for the period | 9904 | €363,367 | €32,778 | -€330,590 | -91.0% |
| Profit (loss) for the period to be appropriated | 9905 | €363,367 | €32,778 | -€330,590 | -91.0% |
Next steps
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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 2 November 2026 via checked.be.