SKS Trans: 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.
SKS Trans
Largest movements
- Receivables within one year -€112,331
down €112,331 (-29.3%), from €382,858 to €270,527
of which Other amounts receivable: -€102,953
- Cash +€51,371
up €51,371 (+12.0%), from €429,037 to €480,409
mainly Receivables within one year (+€112,331) and Net result for the year (+€100,091)
- Tangible fixed assets +€37,599
up €37,599 (+13.6%), from €276,232 to €313,832
of which Furniture and vehicles: +€58,814
- Trade debts -€149,618
down €149,618 (-31.8%), from €469,993 to €320,375
- Reserves +€100,091
up €100,091 (+14.4%), from €695,307 to €795,399
of which Distributable reserves: +€100,091
- Tax, wage and social debts +€23,323
up €23,323 (+372%), from €6,269 to €29,592
of which Taxes: +€20,977
- Other operating charges -€123,424
down €123,424 (-86.1%), from €143,283 to €19,859
- Gross operating margin -€97,311
down €97,311 (-32.3%), from €301,338 to €204,028
- Financial charges -€30,197
down €30,197 (-74.4%), from €40,566 to €10,369
of which Non-recurring financial charges: -€33,657
- Taxes +€23,417
up €23,417, from -€201 to €23,216
- Depreciation +€22,937
up €22,937 (+128%), from €17,896 to €40,833
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 | €1,095,934 | €1,064,767 | -€31,167 | -2.8% |
| Fixed assets | 21/28 | €276,232 | €313,832 | +€37,599 | +13.6% |
| Tangible fixed assets | 22/27 | €276,232 | €313,832 | +€37,599 | +13.6% |
| Land and buildings | 22 | €238,186 | €225,195 | -€12,990 | -5.5% |
| Plant, machinery and equipment | 23 | €2,871 | €1,394 | -€1,477 | -51.4% |
| Furniture and vehicles | 24 | €14,544 | €73,358 | +€58,814 | +404% |
| Leasing and similar rights | 25 | €8,176 | €4,181 | -€3,995 | -48.9% |
| Other tangible fixed assets | 26 | €12,456 | €9,704 | -€2,753 | -22.1% |
| Current assets | 29/58 | €819,702 | €750,936 | -€68,766 | -8.4% |
| Amounts receivable within one year | 40/41 | €382,858 | €270,527 | -€112,331 | -29.3% |
| Trade receivables | 40 | €245,187 | €235,810 | -€9,378 | -3.8% |
| Other amounts receivable | 41 | €137,670 | €34,717 | -€102,953 | -74.8% |
| Cash at bank and in hand | 54/58 | €429,037 | €480,409 | +€51,371 | +12.0% |
| Deferred charges and accrued income | 490/1 | €7,807 | - | -€7,807 | |
| Total equity and liabilities | 10/49 | €1,095,934 | €1,064,767 | -€31,167 | -2.8% |
| Equity | 10/15 | €381,067 | €481,158 | +€100,091 | +26.3% |
| Contributions | 10/11 | €24,805 | €24,805 | = | 0.0% |
| Reserves | 13 | €695,307 | €795,399 | +€100,091 | +14.4% |
| Non-distributable reserves | 130/1 | €8,057 | €8,057 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,057 | €8,057 | = | 0.0% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €631,000 | €731,091 | +€100,091 | +15.9% |
| Profit (loss) carried forward | 14 | -€386,015 | -€386,015 | = | 0.0% |
| Investment grants | 15 | €46,969 | €46,969 | = | 0.0% |
| Provisions and deferred taxes | 16 | €25,000 | €25,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €25,000 | €25,000 | = | 0.0% |
| Environmental obligations | 163 | €25,000 | €25,000 | = | 0.0% |
| Amounts payable | 17/49 | €689,868 | €558,609 | -€131,258 | -19.0% |
| Amounts payable after more than one year | 17 | €173,030 | €163,924 | -€9,106 | -5.3% |
| Financial debts | 170/4 | €173,030 | €163,924 | -€9,106 | -5.3% |
| Amounts payable within one year | 42/48 | €516,837 | €394,685 | -€122,152 | -23.6% |
| Current portion of amounts payable after more than one year | 42 | €20,004 | €21,459 | +€1,456 | +7.3% |
| Trade debts | 44 | €469,993 | €320,375 | -€149,618 | -31.8% |
| Suppliers | 440/4 | €469,993 | €320,375 | -€149,618 | -31.8% |
| Taxes, remuneration and social security | 45 | €6,269 | €29,592 | +€23,323 | +372% |
| Taxes | 450/3 | €3,367 | €24,344 | +€20,977 | +623% |
| Remuneration and social security | 454/9 | €2,901 | €5,248 | +€2,346 | +80.9% |
| Other amounts payable | 47/48 | €20,573 | €23,260 | +€2,687 | +13.1% |
| Remuneration, social security and pensions | 62 | €15,428 | €9,660 | -€5,768 | -37.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,896 | €40,833 | +€22,937 | +128% |
| Other operating charges | 640/8 | €143,283 | €19,859 | -€123,424 | -86.1% |
| Gross operating margin | 9900 | €301,338 | €204,028 | -€97,311 | -32.3% |
| Operating profit (loss) | 9901 | €124,731 | €133,676 | +€8,945 | +7.2% |
| Financial charges | 65/66B | €40,566 | €10,369 | -€30,197 | -74.4% |
| Recurring financial charges | 65 | €6,909 | €10,369 | +€3,459 | +50.1% |
| Non-recurring financial charges | 66B | €33,657 | - | -€33,657 | |
| Profit (loss) for the period before taxes | 9903 | €84,165 | €123,307 | +€39,142 | +46.5% |
| Income taxes | 67/77 | -€201 | €23,216 | +€23,417 | |
| Profit (loss) for the period | 9904 | €84,366 | €100,091 | +€15,725 | +18.6% |
| Profit (loss) for the period to be appropriated | 9905 | €84,366 | €100,091 | +€15,725 | +18.6% |
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 23 October 2026 via checked.be.