SSK: 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.
SSK
Largest movements
- Receivables within one year +€141,157
up €141,157 (+155%), from €91,157 to €232,315
- Cash -€19,215
down €19,215 (-17.2%), from €111,679 to €92,463
mainly Receivables within one year (-€141,157) and Accrued charges and deferred income (-€32,359)
- Tangible fixed assets -€7,126
down €7,126 (-14.7%), from €48,623 to €41,497
of which Leasing and similar rights: -€14,099
- Trade debts +€84,027
up €84,027 (+457%), from €18,383 to €102,411
- Other debts +€61,684
up €61,684, from €0 to €61,684
- Accrued charges and deferred income -€32,359
no longer reported in 2025 (was €32,359)
- Reserves +€20,612
up €20,612 (+23.5%), from €87,645 to €108,257
- Debts after one year -€12,804
down €12,804 (-22.2%), from €57,804 to €45,000
- Staff costs +€12,071
up €12,071 (+50.8%), from €23,745 to €35,816
- Depreciation -€11,769
down €11,769 (-30.3%), from €38,891 to €27,122
- Taxes -€8,038
no longer reported in 2025 (was €8,038)
- Other operating charges +€4,522
up €4,522 (+163%), from €2,767 to €7,289
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 | €255,059 | €369,075 | +€114,016 | +44.7% |
| Fixed assets | 21/28 | €52,223 | €44,297 | -€7,926 | -15.2% |
| Intangible fixed assets | 21 | €3,200 | €2,400 | -€800 | -25.0% |
| Tangible fixed assets | 22/27 | €48,623 | €41,497 | -€7,126 | -14.7% |
| Furniture and vehicles | 24 | €15,535 | €22,507 | +€6,972 | +44.9% |
| Leasing and similar rights | 25 | €33,088 | €18,990 | -€14,099 | -42.6% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €202,836 | €324,778 | +€121,942 | +60.1% |
| Amounts receivable within one year | 40/41 | €91,157 | €232,315 | +€141,157 | +155% |
| Trade receivables | 40 | €91,157 | €232,315 | +€141,157 | +155% |
| Cash at bank and in hand | 54/58 | €111,679 | €92,463 | -€19,215 | -17.2% |
| Total equity and liabilities | 10/49 | €255,059 | €369,075 | +€114,016 | +44.7% |
| Equity | 10/15 | €106,245 | €126,857 | +€20,612 | +19.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €87,645 | €108,257 | +€20,612 | +23.5% |
| Distributable reserves | 133 | €87,645 | €108,257 | +€20,612 | +23.5% |
| Amounts payable | 17/49 | €148,814 | €242,218 | +€93,403 | +62.8% |
| Amounts payable after more than one year | 17 | €57,804 | €45,000 | -€12,804 | -22.2% |
| Financial debts | 170/4 | €57,804 | €45,000 | -€12,804 | -22.2% |
| Amounts payable within one year | 42/48 | €58,652 | €197,218 | +€138,566 | +236% |
| Current portion of amounts payable after more than one year | 42 | €18,043 | €13,023 | -€5,021 | -27.8% |
| Trade debts | 44 | €18,383 | €102,411 | +€84,027 | +457% |
| Suppliers | 440/4 | €18,383 | €102,411 | +€84,027 | +457% |
| Taxes, remuneration and social security | 45 | €22,225 | €20,101 | -€2,124 | -9.6% |
| Taxes | 450/3 | €22,225 | €15,759 | -€6,466 | -29.1% |
| Remuneration and social security | 454/9 | €0 | €4,342 | +€4,342 | |
| Other amounts payable | 47/48 | €0 | €61,684 | +€61,684 | |
| Accrued charges and deferred income | 492/3 | €32,359 | - | -€32,359 | |
| Remuneration, social security and pensions | 62 | €23,745 | €35,816 | +€12,071 | +50.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,891 | €27,122 | -€11,769 | -30.3% |
| Other operating charges | 640/8 | €2,767 | €7,289 | +€4,522 | +163% |
| Gross operating margin | 9900 | €95,812 | €95,155 | -€657 | -0.7% |
| Operating profit (loss) | 9901 | €30,408 | €24,927 | -€5,481 | -18.0% |
| Financial income | 75/76B | €8 | €4 | -€3 | -43.9% |
| Recurring financial income | 75 | €8 | €4 | -€3 | -43.9% |
| Financial charges | 65/66B | €3,676 | €4,319 | +€643 | +17.5% |
| Recurring financial charges | 65 | €3,676 | €4,319 | +€643 | +17.5% |
| Profit (loss) for the period before taxes | 9903 | €26,739 | €20,612 | -€6,127 | -22.9% |
| Income taxes | 67/77 | €8,038 | - | -€8,038 | |
| Profit (loss) for the period | 9904 | €18,701 | €20,612 | +€1,911 | +10.2% |
| Profit (loss) for the period to be appropriated | 9905 | €18,701 | €20,612 | +€1,911 | +10.2% |
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 15 October 2026 via checked.be.