SKYGATE
ActiveSummary
SKYGATE has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23k and a net result of €9k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 43% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability90▲+20
Solvency66▲+17
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.3 against 1.25 in 2024; short-term debt: 40.8% and cash: 39.8% of total assets), but 58.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
41.4%
Return on assets
16.8%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €23k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
36 d early
2023
63 d late
2022
57 d late
2021
73 d late
2020
30 d late
2019
84 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€23k▲ 68.5%
2024 · €14k
2018: €30k
2019: €30k▲ +0.3% vs 2018
2020: €31k▲ +2.0% vs 2019highest in 8 years
2021: €10k▼ -68.6% vs 2020lowest in 8 years
2022: €11k▲ +14.6% vs 2021
2023: €13k▲ +14.9% vs 2022
2024: €14k▲ +8.4% vs 2023
2025: €23k▲ +68.5% vs 2024
2018 → 2025
Total assets
€56k▼ 2.5%
2024 · €58k
2018: €52k
2019: €47k▼ -8.3% vs 2018
2020: €58k▲ +21.7% vs 2019highest in 8 years
2021: €56k▼ -3.4% vs 2020
2022: €35k▼ -38.0% vs 2021
2023: €30k▼ -12.0% vs 2022lowest in 8 years
2024: €58k▲ +89.1% vs 2023
2025: €56k▼ -2.5% vs 2024
2018 → 2025
Net result
€9k▲ 780%
2024 · €1k
2018: €7k
2019: €86▼ -98.7% vs 2018
2020: €598▲ +594% vs 2019
2021: €-1k▼ -271% vs 2020lowest in 8 years
2022: €1k▲ +237% vs 2021
2023: €2k▲ +17.1% vs 2022
2024: €1k▼ -35.0% vs 2023
2025: €9k▲ +780% vs 2024highest in 8 years
2018 → 2025
Working capital
€30k▲ 217%
2024 · €9k
2018: €27k
2019: €29k▲ +5.2% vs 2018
2020: €30k▲ +4.7% vs 2019highest in 8 years
2021: €9k▼ -70.6% vs 2020lowest in 8 years
2022: €10k▲ +13.1% vs 2021
2023: €11k▲ +9.1% vs 2022
2024: €9k▼ -13.5% vs 2023
2025: €30k▲ +217% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€10k-€11k▲ 14.6%€13k▲ 14.9%€14k▲ 8.4%€23k▲ 68.5%
2021: €10klowest in 5 years
2022: €11k▲ +14.6% vs 2021
2023: €13k▲ +14.9% vs 2022
2024: €14k▲ +8.4% vs 2023
2025: €23k▲ +68.5% vs 2024highest in 5 years
Operating result€951-€5k▲ 405%€5k▲ 1.7%€5k▼ 5.0%€14k▲ 192%
2021: €951lowest in 5 years
2022: €5k▲ +405% vs 2021
2023: €5k▲ +1.7% vs 2022
2024: €5k▼ -5.0% vs 2023
2025: €14k▲ +192% vs 2024highest in 5 years
Net result€-1k-€1k€2k▲ 17.1%€1k▼ 35.0%€9k▲ 780%
2021: €-1klowest in 5 years
2022: €1k▲ +237% vs 2021
2023: €2k▲ +17.1% vs 2022
2024: €1k▼ -35.0% vs 2023
2025: €9k▲ +780% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 192% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €56k
Fixed assets
€3k ▼ 67.8%
Current assets
€53k ▲ 12.5%
Equity and liabilities €56k
Equity
€23k ▲ 68.5%
Debt
€33k ▼ 24.8%
Debt's share of the balance-sheet total falls from 76.1% to 58.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€16k▲
2024 · €8k
Cash flow
€12k▲
2024 · €5k
Current ratio
2.30▲
2024 · 1.25
Quick ratio
2.24▲
2024 · 1.09
Debt to equity
1.42▼
2024 · 3.18
ROE
40.7%▲
2024 · 7.8%
ROA
16.8%▲
2024 · 1.9%
Interest coverage
23.39▲
2024 · 5.89
Debt ≤ 1 year
€23k▼
2024 · €37k
Income taxes
€3k▲
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€58k€56k▼
Fixed assets21/28€11k€3k▼
Tangible fixed assets22/27€11k€3k▼
Furniture and vehicles24€11k€3k▼
Financial fixed assets28€71€71=
Current assets29/58€47k€53k▲
Stocks and contracts in progress3€6k€1k▼
Stocks30/36€6k€1k▼
Amounts receivable within one year40/41€32k€28k▼
Trade receivables40€30k€26k▼
Other amounts receivable41€3k€3k▼
Cash at bank and in hand54/58€8k€22k▲
Deferred charges and accrued income490/1€502€795▲
Equity and liabilities
Total equity and liabilities10/49€58k€56k▼
Equity10/15€14k€23k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€6k€15k▲
Amounts payable17/49€44k€33k▼
Amounts payable after more than one year17€5k-
Financial debts170/4€5k-
Amounts payable within one year42/48€37k€23k▼
Current portion of amounts payable after more than one year42€4k€5k▲
Trade debts44€19k€2k▼
Suppliers440/4€19k€2k▼
Taxes, remuneration and social security45€11k€12k▲
Taxes450/3€11k€12k▲
Other amounts payable47/48€4k€4k▲
Accrued charges and deferred income492/3€1k€10k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€576€208▼
Gross operating margin9900€9k€16k▲
Operating profit (loss)9901€5k€14k▲
Financial income75/76B€156€60▼
Recurring financial income75€156€60▼
Financial charges65/66B€1k€696▼
Recurring financial charges65€1k€696▼
Profit (loss) for the period before taxes9903€3k€13k▲
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€1k€9k▲
Profit (loss) for the period to be appropriated9905€1k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6k€15k▲
Profit (loss) brought forward from the previous period14P€4k€6k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €726 | €553 | €581 | €4k | €3k | ▼ 23.8% |
| Other operating charges640/8 | €849 | €593 | €572 | €576 | €208 | ▼ 63.8% |
| Gross operating margin9900 | €3k | €6k | €6k | €9k | €16k | ▲ 86.8% |
| Operating profit (loss)9901 | €951 | €5k | €5k | €5k | €14k | ▲ 192% |
| Financial income75/76B | €1k | €0 | €0 | €156 | €60 | ▼ 61.5% |
| Recurring financial income75 | €1k | €0 | €0 | €156 | €60 | ▼ 61.5% |
| Financial charges65/66B | €921 | €697 | €619 | €1k | €696 | ▼ 50.3% |
| Recurring financial charges65 | €921 | €697 | €619 | €1k | €696 | ▼ 50.3% |
| Profit (loss) for the period before taxes9903 | €1k | €4k | €4k | €3k | €13k | ▲ 280% |
| Income taxes67/77 | €2k | €3k | €3k | €2k | €3k | ▲ 49.0% |
| Profit (loss) for the period9904 | €-1k | €1k | €2k | €1k | €9k | ▲ 780% |
| Profit (loss) for the period to be appropriated9905 | €-1k | €1k | €2k | €1k | €9k | ▲ 780% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €56k | €35k | €30k | €58k | €56k | ▼ 2.5% |
| Fixed assets21/28 | €849 | €1k | €2k | €11k | €3k | ▼ 67.8% |
| Tangible fixed assets22/27 | €778 | €1k | €2k | €11k | €3k | ▼ 68.3% |
| Plant, machinery and equipment23 | €145 | - | - | - | - | - |
| Furniture and vehicles24 | €633 | €1k | €2k | €11k | €3k | ▼ 68.3% |
| Financial fixed assets28 | €71 | €71 | €71 | €71 | €71 | = |
| Current assets29/58 | €55k | €33k | €29k | €47k | €53k | ▲ 12.5% |
| Stocks and contracts in progress3 | €585 | €230 | €7k | €6k | €1k | ▼ 78.9% |
| Stocks30/36 | €585 | €230 | €7k | €6k | €1k | ▼ 78.9% |
| Amounts receivable within one year40/41 | €45k | €29k | €20k | €32k | €28k | ▼ 12.8% |
| Trade receivables40 | €32k | €29k | €18k | €30k | €26k | ▼ 13.6% |
| Other amounts receivable41 | €13k | €84 | €3k | €3k | €3k | ▼ 3.3% |
| Cash at bank and in hand54/58 | €7k | €3k | - | €8k | €22k | ▲ 182% |
| Deferred charges and accrued income490/1 | €2k | €1k | €1k | €502 | €795 | ▲ 58.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €56k | €35k | €30k | €58k | €56k | ▼ 2.5% |
| Equity10/15 | €10k | €11k | €13k | €14k | €23k | ▲ 68.5% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | - | - | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €1k | €3k | €4k | €6k | €15k | ▲ 170% |
| Amounts payable17/49 | €46k | €24k | €18k | €44k | €33k | ▼ 24.8% |
| Amounts payable after more than one year17 | - | - | - | €5k | - | - |
| Financial debts170/4 | - | - | - | €5k | - | - |
| Amounts payable within one year42/48 | €46k | €24k | €18k | €37k | €23k | ▼ 38.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €4k | €5k | ▲ 45.8% |
| Financial debts43 | - | - | €495 | - | - | - |
| Credit institutions430/8 | - | - | €495 | - | - | - |
| Trade debts44 | €9k | €4k | €4k | €19k | €2k | ▼ 90.3% |
| Suppliers440/4 | €9k | €4k | €4k | €19k | €2k | ▼ 90.3% |
| Taxes, remuneration and social security45 | €18k | €18k | €12k | €11k | €12k | ▲ 6.3% |
| Taxes450/3 | €17k | €16k | €12k | €11k | €12k | ▲ 6.3% |
| Remuneration and social security454/9 | €1k | €2k | - | - | - | - |
| Other amounts payable47/48 | €20k | €1k | €2k | €4k | €4k | ▲ 4.7% |
| Accrued charges and deferred income492/3 | - | - | - | €1k | €10k | ▲ 767% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-1k | €1k | €2k | €1k | €9k | ▲ 780% |
| + Depreciation and write-downs630 | €726 | €553 | €581 | €4k | €3k | ▼ 23.8% |
| Operating cash flow (approximation) | €-299 | €2k | €2k | €5k | €12k | ▲ 160% |
| Investment in fixed assets (approximation) | - | €-809 | €-1k | €-13k | €5k | ▲ 136% |
| Change in cash | - | €-4k | - | - | €14k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €9k ▲780%
Operating result €14k, net result €9k, both a record.
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 63 days late
2023
26-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 57 days late
2022
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
12-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 73 days late
2021
31-12
Financial
Weakest financial yearnet €-1k
Net result drops to €-1k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 84 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Jette · 1 establishment unit since 2009
Ground area
1.5 ha
Building footprint
196 m²
Volume, LiDAR
6,899 m³
Parcel 21010B0043/00B004, Brussels · tallest building 38.7 m, ±12 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
SKYGATE
since 20092.188.649.404
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21010B0043/00B004 | Brussels | 1.5 ha | 1 · 196 m² | 38.7 m · 12 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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MATTEO CONSTRUCT
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Of 15,521 companies in sector 43990 we hold annual accounts for 7,414. 5,388 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-03-2009
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
43350Other building finishing work
46180Agents specialised in the wholesale of other particular products
46190Agents in non-specialised wholesale trade
82100Office administrative and support services
Scores and ratios are computed by Checked and are not a credit decision.