SKW-Mestverwerking: what changed
SKW-Mestverwerking
Largest movements
- Cash +€10,979
up €10,979 (+22.0%), from €49,964 to €60,944
mainly Net result for the year (+€72,848) and Depreciation (+€49,460)
- Tangible fixed assets -€5,296
down €5,296 (-1.2%), from €429,014 to €423,719
of which Plant, machinery and equipment: -€4,049
- Receivables within one year -€5,224
down €5,224 (-15.9%), from €32,922 to €27,698
of which Other amounts receivable: -€5,145
- Debts after one year -€58,150
down €58,150 (-22.4%), from €259,859 to €201,709
- Profit (loss) carried forward +€27,437
up €27,437 (+60.4%), from €45,411 to €72,848
- Trade debts +€17,916
up €17,916 (+231%), from €7,766 to €25,682
- Reserves +€9,411
up €9,411 (+8.3%), from €113,953 to €123,364
- Gross operating margin +€43,491
up €43,491 (+39.6%), from €109,789 to €153,280
- Taxes +€10,627
up €10,627 (+71.5%), from €14,855 to €25,481
- Depreciation +€4,760
up €4,760 (+10.6%), from €44,700 to €49,460
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €513,812 | €514,417 | +€605 | +0.1% |
| Fixed assets | 21/28 | €429,014 | €423,719 | -€5,296 | -1.2% |
| Tangible fixed assets | 22/27 | €429,014 | €423,719 | -€5,296 | -1.2% |
| Land and buildings | 22 | €25,317 | €24,071 | -€1,246 | -4.9% |
| Plant, machinery and equipment | 23 | €403,697 | €399,647 | -€4,049 | -1.0% |
| Current assets | 29/58 | €84,798 | €90,698 | +€5,901 | +7.0% |
| Amounts receivable within one year | 40/41 | €32,922 | €27,698 | -€5,224 | -15.9% |
| Trade receivables | 40 | €27,777 | €27,698 | -€78 | -0.3% |
| Other amounts receivable | 41 | €5,145 | - | -€5,145 | |
| Cash at bank and in hand | 54/58 | €49,964 | €60,944 | +€10,979 | +22.0% |
| Deferred charges and accrued income | 490/1 | €1,911 | €2,057 | +€145 | +7.6% |
| Total equity and liabilities | 10/49 | €513,812 | €514,417 | +€605 | +0.1% |
| Equity | 10/15 | €174,364 | €211,212 | +€36,848 | +21.1% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €113,953 | €123,364 | +€9,411 | +8.3% |
| Distributable reserves | 133 | €113,953 | €123,364 | +€9,411 | +8.3% |
| Profit (loss) carried forward | 14 | €45,411 | €72,848 | +€27,437 | +60.4% |
| Amounts payable | 17/49 | €339,448 | €303,205 | -€36,243 | -10.7% |
| Amounts payable after more than one year | 17 | €259,859 | €201,709 | -€58,150 | -22.4% |
| Financial debts | 170/4 | €259,859 | €201,709 | -€58,150 | -22.4% |
| Amounts payable within one year | 42/48 | €79,589 | €101,497 | +€21,907 | +27.5% |
| Current portion of amounts payable after more than one year | 42 | €58,150 | €58,150 | = | 0.0% |
| Trade debts | 44 | €7,766 | €25,682 | +€17,916 | +231% |
| Suppliers | 440/4 | €7,766 | €25,682 | +€17,916 | +231% |
| Taxes, remuneration and social security | 45 | €13,673 | €17,218 | +€3,545 | +25.9% |
| Taxes | 450/3 | €13,673 | €17,218 | +€3,545 | +25.9% |
| Other amounts payable | 47/48 | - | €446 | +€446 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,700 | €49,460 | +€4,760 | +10.6% |
| Other operating charges | 640/8 | €825 | €2,092 | +€1,266 | +153% |
| Gross operating margin | 9900 | €109,789 | €153,280 | +€43,491 | +39.6% |
| Operating profit (loss) | 9901 | €64,264 | €101,728 | +€37,464 | +58.3% |
| Financial income | 75/76B | €2 | €10 | +€8 | +558% |
| Recurring financial income | 75 | €2 | €10 | +€8 | +558% |
| Financial charges | 65/66B | €3,999 | €3,409 | -€590 | -14.8% |
| Recurring financial charges | 65 | €3,999 | €3,409 | -€590 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | €60,266 | €98,329 | +€38,063 | +63.2% |
| Income taxes | 67/77 | €14,855 | €25,481 | +€10,627 | +71.5% |
| Profit (loss) for the period | 9904 | €45,411 | €72,848 | +€27,437 | +60.4% |
| Profit (loss) for the period to be appropriated | 9905 | €45,411 | €72,848 | +€27,437 | +60.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.