THE SKATEROOM: 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.
THE SKATEROOM
Largest movements
- Stocks and contracts -€103,239
down €103,239 (-27.7%), from €372,270 to €269,031
- Cash -€67,553
down €67,553 (-60.6%), from €111,538 to €43,985
mainly Trade debts (-€126,065) and Net result for the year (-€100,372)
- Receivables within one year -€65,728
down €65,728 (-42.7%), from €153,829 to €88,102
of which Trade receivables: -€50,986
- Tangible fixed assets -€41,690
down €41,690 (-47.1%), from €88,421 to €46,732
of which Leasing and similar rights: -€22,000
- Financial fixed assets +€17,256
up €17,256 (+141%), from €12,240 to €29,496
- Trade debts -€126,065
down €126,065 (-28.8%), from €438,348 to €312,283
- Profit (loss) carried forward -€100,372
down €100,372 (-3.5%), from -€2.9m to -€3.0m
- Current portion of long-term debt -€17,176
down €17,176 (-32.8%), from €52,393 to €35,217
- Gross operating margin +€417,171
up €417,171 (+3,954%), from €10,550 to €427,721
- Other operating charges -€75,235
down €75,235 (-91.1%), from €82,563 to €7,328
- Staff costs -€53,605
down €53,605 (-11.4%), from €470,714 to €417,109
- Depreciation -€22,393
down €22,393 (-34.6%), from €64,658 to €42,265
- Financial charges +€11,467
up €11,467 (+19.2%), from €59,661 to €71,127
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 | €771,467 | €513,580 | -€257,887 | -33.4% |
| Fixed assets | 21/28 | €101,879 | €76,227 | -€25,651 | -25.2% |
| Intangible fixed assets | 21 | €1,217 | €0 | -€1,217 | -100% |
| Tangible fixed assets | 22/27 | €88,421 | €46,732 | -€41,690 | -47.1% |
| Plant, machinery and equipment | 23 | €15,253 | €5,041 | -€10,212 | -66.9% |
| Furniture and vehicles | 24 | €12,091 | €7,880 | -€4,211 | -34.8% |
| Leasing and similar rights | 25 | €25,195 | €3,195 | -€22,000 | -87.3% |
| Other tangible fixed assets | 26 | €35,882 | €30,615 | -€5,267 | -14.7% |
| Financial fixed assets | 28 | €12,240 | €29,496 | +€17,256 | +141% |
| Current assets | 29/58 | €669,588 | €437,353 | -€232,235 | -34.7% |
| Stocks and contracts in progress | 3 | €372,270 | €269,031 | -€103,239 | -27.7% |
| Stocks | 30/36 | €372,270 | €269,031 | -€103,239 | -27.7% |
| Amounts receivable within one year | 40/41 | €153,829 | €88,102 | -€65,728 | -42.7% |
| Trade receivables | 40 | €123,331 | €72,345 | -€50,986 | -41.3% |
| Other amounts receivable | 41 | €30,498 | €15,757 | -€14,742 | -48.3% |
| Cash at bank and in hand | 54/58 | €111,538 | €43,985 | -€67,553 | -60.6% |
| Deferred charges and accrued income | 490/1 | €31,952 | €36,236 | +€4,285 | +13.4% |
| Total equity and liabilities | 10/49 | €771,467 | €513,580 | -€257,887 | -33.4% |
| Equity | 10/15 | -€1,519,601 | -€1,622,173 | -€102,572 | -6.7% |
| Contributions | 10/11 | €1,356,188 | €1,356,188 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,879,849 | -€2,980,221 | -€100,372 | -3.5% |
| Investment grants | 15 | €2,200 | €0 | -€2,200 | -100% |
| Amounts payable | 17/49 | €2,291,068 | €2,135,753 | -€155,315 | -6.8% |
| Amounts payable after more than one year | 17 | €1,705,217 | €1,700,000 | -€5,217 | -0.3% |
| Financial debts | 170/4 | €1,705,217 | €1,700,000 | -€5,217 | -0.3% |
| Amounts payable within one year | 42/48 | €561,852 | €411,753 | -€150,098 | -26.7% |
| Current portion of amounts payable after more than one year | 42 | €52,393 | €35,217 | -€17,176 | -32.8% |
| Trade debts | 44 | €438,348 | €312,283 | -€126,065 | -28.8% |
| Suppliers | 440/4 | €438,348 | €312,283 | -€126,065 | -28.8% |
| Taxes, remuneration and social security | 45 | €71,111 | €64,254 | -€6,857 | -9.6% |
| Taxes | 450/3 | €25,249 | €24,362 | -€887 | -3.5% |
| Remuneration and social security | 454/9 | €45,862 | €39,892 | -€5,970 | -13.0% |
| Accrued charges and deferred income | 492/3 | €24,000 | €24,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €470,714 | €417,109 | -€53,605 | -11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,658 | €42,265 | -€22,393 | -34.6% |
| Other operating charges | 640/8 | €82,563 | €7,328 | -€75,235 | -91.1% |
| Gross operating margin | 9900 | €10,550 | €427,721 | +€417,171 | +3,954% |
| Operating profit (loss) | 9901 | -€607,385 | -€38,981 | +€568,404 | +93.6% |
| Financial income | 75/76B | €21,047 | €9,736 | -€11,311 | -53.7% |
| Recurring financial income | 75 | €21,047 | €9,736 | -€11,311 | -53.7% |
| Financial charges | 65/66B | €59,661 | €71,127 | +€11,467 | +19.2% |
| Recurring financial charges | 65 | €59,661 | €71,127 | +€11,467 | +19.2% |
| Profit (loss) for the period before taxes | 9903 | -€645,998 | -€100,372 | +€545,626 | +84.5% |
| Profit (loss) for the period | 9904 | -€645,998 | -€100,372 | +€545,626 | +84.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€645,998 | -€100,372 | +€545,626 | +84.5% |
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 28 October 2026 via checked.be.