SKUNS ASSOCIATED: 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.
SKUNS ASSOCIATED
Largest movements
- Receivables within one year +€15,438
up €15,438 (+265%), from €5,816 to €21,254
of which Trade receivables: +€12,065
- Cash +€782
up €782 (+20.8%), from €3,764 to €4,545
mainly Net result for the year (+€12,621) and Depreciation (+€5,178)
- Tangible fixed assets -€408
down €408 (-5.5%), from €7,463 to €7,054
of which Furniture and vehicles: -€1,098
- Profit (loss) carried forward +€12,621
up €12,621 (+10.1%), from -€124,980 to -€112,358
- Tax, wage and social debts +€3,294
up €3,294 (+120%), from €2,752 to €6,046
- Trade debts +€2,169
up €2,169 (+220%), from €984 to €3,153
- Current portion of long-term debt -€1,680
no longer reported in 2025 (was €1,680)
- Other debts -€565
no longer reported in 2025 (was €565)
- Gross operating margin +€9,027
up €9,027 (+59.9%), from €15,075 to €24,102
- Taxes +€1,377
up €1,377 (+39.2%), from €3,516 to €4,893
- Other operating charges -€410
down €410 (-26.1%), from €1,568 to €1,158
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.
Derived cash bridge
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 | €19,822 | €35,746 | +€15,925 | +80.3% |
| Fixed assets | 21/28 | €7,463 | €7,054 | -€408 | -5.5% |
| Tangible fixed assets | 22/27 | €7,463 | €7,054 | -€408 | -5.5% |
| Plant, machinery and equipment | 23 | €101 | €791 | +€690 | +682% |
| Furniture and vehicles | 24 | €7,362 | €6,264 | -€1,098 | -14.9% |
| Current assets | 29/58 | €12,359 | €28,692 | +€16,333 | +132% |
| Stocks and contracts in progress | 3 | €1,410 | €1,410 | = | 0.0% |
| Stocks | 30/36 | €1,410 | €1,410 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,816 | €21,254 | +€15,438 | +265% |
| Trade receivables | 40 | €114 | €12,179 | +€12,065 | +10,621% |
| Other amounts receivable | 41 | €5,702 | €9,075 | +€3,373 | +59.1% |
| Cash at bank and in hand | 54/58 | €3,764 | €4,545 | +€782 | +20.8% |
| Deferred charges and accrued income | 490/1 | €1,369 | €1,483 | +€114 | +8.3% |
| Total equity and liabilities | 10/49 | €19,822 | €35,746 | +€15,925 | +80.3% |
| Equity | 10/15 | €13,841 | €26,462 | +€12,621 | +91.2% |
| Contributions | 10/11 | €138,820 | €138,820 | = | 0.0% |
| Capital | 10 | €138,820 | €138,820 | = | 0.0% |
| Issued capital | 100 | €138,820 | €138,820 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€124,980 | -€112,358 | +€12,621 | +10.1% |
| Amounts payable | 17/49 | €5,981 | €9,285 | +€3,304 | +55.2% |
| Amounts payable within one year | 42/48 | €5,981 | €9,199 | +€3,219 | +53.8% |
| Current portion of amounts payable after more than one year | 42 | €1,680 | - | -€1,680 | |
| Trade debts | 44 | €984 | €3,153 | +€2,169 | +220% |
| Suppliers | 440/4 | €984 | €3,153 | +€2,169 | +220% |
| Taxes, remuneration and social security | 45 | €2,752 | €6,046 | +€3,294 | +120% |
| Taxes | 450/3 | €2,752 | €6,046 | +€3,294 | +120% |
| Other amounts payable | 47/48 | €565 | - | -€565 | |
| Accrued charges and deferred income | 492/3 | - | €85 | +€85 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,237 | €5,178 | -€60 | -1.1% |
| Other operating charges | 640/8 | €1,568 | €1,158 | -€410 | -26.1% |
| Gross operating margin | 9900 | €15,075 | €24,102 | +€9,027 | +59.9% |
| Operating profit (loss) | 9901 | €8,269 | €17,766 | +€9,497 | +115% |
| Financial income | 75/76B | - | €214 | +€214 | |
| Recurring financial income | 75 | - | €214 | +€214 | |
| Financial charges | 65/66B | €252 | €466 | +€213 | +84.6% |
| Recurring financial charges | 65 | €252 | €466 | +€213 | +84.6% |
| Profit (loss) for the period before taxes | 9903 | €8,017 | €17,515 | +€9,497 | +118% |
| Income taxes | 67/77 | €3,516 | €4,893 | +€1,377 | +39.2% |
| Profit (loss) for the period | 9904 | €4,501 | €12,621 | +€8,120 | +180% |
| Profit (loss) for the period to be appropriated | 9905 | €4,501 | €12,621 | +€8,120 | +180% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.