Skwoon: what changed
Two fiscal 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.
Skwoon
Largest movements
- Receivables within one year +€36,563
up €36,563 (+1672.9%), from €2,186 to €38,748
of which Trade receivables: +€37,139
- Intangible fixed assets -€4,831
down €4,831 (-100.0%), from €4,831 to €0
- Tangible fixed assets -€4,209
down €4,209 (-68.3%), from €6,166 to €1,956
of which Plant, machinery and equipment: -€2,209
- Cash -€1,902
down €1,902 (-99.5%), from €1,912 to €10
mainly Receivables within one year (-€36,563) and Net result for the year (-€2,487)
- Other debts +€16,899
up €16,899 (+11.0%), from €154,000 to €170,899
- Short-term financial debts +€6,587
up €6,587 (+14.7%), from €44,877 to €51,464
of which Credit institutions: +€31,587
- Tax, wage and social debts +€6,498
up €6,498 (+1218.1%), from €533 to €7,031
- Profit (loss) carried forward -€2,487
down €2,487 (-1.0%), from -€238,646 to -€241,133
- Trade debts -€1,877
down €1,877 (-38.4%), from €4,894 to €3,017
- Gross operating margin +€17,494
up €17,494, from -€10,555 to €6,938
- Taxes -€3,078
down €3,078 (-100.0%), from €3,078 to €0
- Depreciation -€2,440
down €2,440 (-55.0%), from €4,440 to €2,000
- Other operating charges -€2,332
down €2,332 (-81.5%), from €2,860 to €528
- Financial charges +€969
up €969 (+16.3%), from €5,928 to €6,897
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.
Cash bridge derived
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 | €65,658 | €91,278 | +€25,620 | +39.0% |
| Fixed assets | 21/28 | €12,549 | €3,508 | -€9,041 | -72.0% |
| Intangible fixed assets | 21 | €4,831 | €0 | -€4,831 | -100.0% |
| Tangible fixed assets | 22/27 | €6,166 | €1,956 | -€4,209 | -68.3% |
| Plant, machinery and equipment | 23 | €2,209 | €0 | -€2,209 | -100.0% |
| Furniture and vehicles | 24 | €3,956 | €1,956 | -€2,000 | -50.6% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €1,552 | €1,552 | = | 0.0% |
| Current assets | 29/58 | €53,109 | €87,769 | +€34,661 | +65.3% |
| Stocks and contracts in progress | 3 | €49,011 | €49,011 | = | 0.0% |
| Stocks | 30/36 | €49,011 | €49,011 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,186 | €38,748 | +€36,563 | +1672.9% |
| Trade receivables | 40 | €1,609 | €38,748 | +€37,139 | +2307.9% |
| Other amounts receivable | 41 | €576 | €0 | -€576 | -100.0% |
| Cash at bank and in hand | 54/58 | €1,912 | €10 | -€1,902 | -99.5% |
| Total equity and liabilities | 10/49 | €65,658 | €91,278 | +€25,620 | +39.0% |
| Equity | 10/15 | -€138,646 | -€141,133 | -€2,487 | -1.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€238,646 | -€241,133 | -€2,487 | -1.0% |
| Amounts payable | 17/49 | €204,304 | €232,411 | +€28,107 | +13.8% |
| Amounts payable within one year | 42/48 | €204,304 | €232,411 | +€28,107 | +13.8% |
| Financial debts | 43 | €44,877 | €51,464 | +€6,587 | +14.7% |
| Credit institutions | 430/8 | €19,877 | €51,464 | +€31,587 | +158.9% |
| Other loans | 439 | €25,000 | €0 | -€25,000 | -100.0% |
| Trade debts | 44 | €4,894 | €3,017 | -€1,877 | -38.4% |
| Suppliers | 440/4 | €4,894 | €3,017 | -€1,877 | -38.4% |
| Taxes, remuneration and social security | 45 | €533 | €7,031 | +€6,498 | +1218.1% |
| Taxes | 450/3 | €533 | €7,031 | +€6,498 | +1218.1% |
| Other amounts payable | 47/48 | €154,000 | €170,899 | +€16,899 | +11.0% |
| Non-recurring operating income | 76A | €0 | €30,671 | +€30,671 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,440 | €2,000 | -€2,440 | -55.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €2,860 | €528 | -€2,332 | -81.5% |
| Non-recurring operating charges | 66A | €13,971 | €0 | -€13,971 | -100.0% |
| Gross operating margin | 9900 | -€10,555 | €6,938 | +€17,494 | |
| Operating profit (loss) | 9901 | -€31,826 | €4,411 | +€36,237 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €5,928 | €6,897 | +€969 | +16.3% |
| Recurring financial charges | 65 | €5,928 | €6,897 | +€969 | +16.3% |
| Profit (loss) for the period before taxes | 9903 | -€37,754 | -€2,487 | +€35,267 | +93.4% |
| Income taxes | 67/77 | €3,078 | €0 | -€3,078 | -100.0% |
| Profit (loss) for the period | 9904 | -€40,832 | -€2,487 | +€38,345 | +93.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,832 | -€2,487 | +€38,345 | +93.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.