SKWARE CONSULTING: 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.
SKWARE CONSULTING
Largest movements
- Tangible fixed assets +€216,218
up €216,218 (+94.0%), from €230,029 to €446,248
of which Plant, machinery and equipment: +€229,295
- Cash -€188,337
down €188,337 (-48.5%), from €388,423 to €200,087
mainly Investment in fixed assets (net) (-€255,525) and Receivables within one year (-€181,884)
- Receivables within one year +€181,884
up €181,884 (+187%), from €97,187 to €279,071
of which Other amounts receivable: +€119,147
- Current investments +€109,360
up €109,360 (+18.0%), from €608,392 to €717,752
- Reserves +€155,723
up €155,723 (+12.9%), from €1.2m to €1.4m
of which Distributable reserves: +€155,723
- Debts after one year +€146,520
new in 2025: €146,520
- Current portion of long-term debt +€42,445
new in 2025: €42,445
- Tax, wage and social debts -€18,752
down €18,752 (-34.7%), from €54,070 to €35,318
- Depreciation +€25,286
up €25,286 (+180%), from €14,021 to €39,307
- Financial income +€21,463
up €21,463 (+114%), from €18,783 to €40,246
- Gross operating margin -€19,808
down €19,808 (-4.6%), from €428,128 to €408,320
- Taxes -€19,734
down €19,734 (-15.8%), from €124,755 to €105,021
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 | €1,324,032 | €1,643,157 | +€319,125 | +24.1% |
| Fixed assets | 21/28 | €230,029 | €446,248 | +€216,218 | +94.0% |
| Tangible fixed assets | 22/27 | €230,029 | €446,248 | +€216,218 | +94.0% |
| Plant, machinery and equipment | 23 | €2,311 | €231,606 | +€229,295 | +9,921% |
| Other tangible fixed assets | 26 | €227,718 | €214,642 | -€13,076 | -5.7% |
| Current assets | 29/58 | €1,094,002 | €1,196,909 | +€102,907 | +9.4% |
| Amounts receivable within one year | 40/41 | €97,187 | €279,071 | +€181,884 | +187% |
| Trade receivables | 40 | €97,187 | €159,924 | +€62,737 | +64.6% |
| Other amounts receivable | 41 | - | €119,147 | +€119,147 | |
| Current investments | 50/53 | €608,392 | €717,752 | +€109,360 | +18.0% |
| Cash at bank and in hand | 54/58 | €388,423 | €200,087 | -€188,337 | -48.5% |
| Total equity and liabilities | 10/49 | €1,324,032 | €1,643,157 | +€319,125 | +24.1% |
| Equity | 10/15 | €1,219,832 | €1,373,895 | +€154,063 | +12.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,210,155 | €1,365,878 | +€155,723 | +12.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,208,295 | €1,364,018 | +€155,723 | +12.9% |
| Profit (loss) carried forward | 14 | €3,477 | €1,817 | -€1,660 | -47.7% |
| Amounts payable | 17/49 | €104,200 | €269,262 | +€165,062 | +158% |
| Amounts payable after more than one year | 17 | - | €146,520 | +€146,520 | |
| Financial debts | 170/4 | - | €146,520 | +€146,520 | |
| Amounts payable within one year | 42/48 | €103,136 | €122,742 | +€19,605 | +19.0% |
| Current portion of amounts payable after more than one year | 42 | - | €42,445 | +€42,445 | |
| Trade debts | 44 | €8,719 | €20,819 | +€12,099 | +139% |
| Suppliers | 440/4 | €8,719 | €20,819 | +€12,099 | +139% |
| Taxes, remuneration and social security | 45 | €54,070 | €35,318 | -€18,752 | -34.7% |
| Taxes | 450/3 | €54,070 | €35,318 | -€18,752 | -34.7% |
| Other amounts payable | 47/48 | €40,347 | €24,160 | -€16,187 | -40.1% |
| Accrued charges and deferred income | 492/3 | €1,063 | - | -€1,063 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,021 | €39,307 | +€25,286 | +180% |
| Other operating charges | 640/8 | €3,133 | €3,371 | +€238 | +7.6% |
| Gross operating margin | 9900 | €428,128 | €408,320 | -€19,808 | -4.6% |
| Operating profit (loss) | 9901 | €410,974 | €365,643 | -€45,331 | -11.0% |
| Financial income | 75/76B | €18,783 | €40,246 | +€21,463 | +114% |
| Recurring financial income | 75 | €18,783 | €40,246 | +€21,463 | +114% |
| Financial charges | 65/66B | €3,554 | €6,891 | +€3,337 | +93.9% |
| Recurring financial charges | 65 | €3,554 | €6,891 | +€3,337 | +93.9% |
| Profit (loss) for the period before taxes | 9903 | €426,202 | €398,997 | -€27,205 | -6.4% |
| Income taxes | 67/77 | €124,755 | €105,021 | -€19,734 | -15.8% |
| Profit (loss) for the period | 9904 | €301,447 | €293,976 | -€7,471 | -2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €301,447 | €293,976 | -€7,471 | -2.5% |
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 26 October 2026 via checked.be.