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SKYMAX

Active
Public limited companyfounded 1990active for 36 yearsDiepestraat 9, 2060 Antwerpen, BelgiumKBO/BCE: BE 0441.540.733
Summary

SKYMAX has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €322,433 and a net result of €34,621. Equity is growing by about 15% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (70 days) Filed on 9 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00561865.

Equity
€322,433▲ 12.0%
2024 · €287,811
Total assets
€729,276▼ 0.1%
2024 · €730,162
Net result
€34,621▲ 5.0%
2024 · €32,973
Working capital
€300,497▲ 8.2%
2024 · €277,659
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 12% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€43,283 2025 Net result€34,621 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€42,765-€62,572▲ 46.3%€33,397▼ 46.6%€32,053▼ 4.0%€61,309▲ 91.3%€35,712▼ 41.8%€38,477▲ 7.7%€43,283▲ 12.5%
Net result€33,493-€43,263▲ 29.2%€17,234▼ 60.2%€21,816▲ 26.6%€42,018▲ 92.6%€29,630▼ 29.5%€32,973▲ 11.3%€34,621▲ 5.0%
Equity€100,877-€144,141▲ 42.9%€161,374▲ 12.0%€183,191▲ 13.5%€225,209▲ 22.9%€254,838▲ 13.2%€287,811▲ 12.9%€322,433▲ 12.0%
Total assets€343,361-€352,556▲ 2.7%€961,332▲ 173%€889,417▼ 7.5%€781,559▼ 12.1%€741,260▼ 5.2%€730,162▼ 1.5%€729,276▼ 0.1%
Debt€242,484-€208,416▼ 14.0%€799,958▲ 284%€706,227▼ 11.7%€556,350▼ 21.2%€486,422▼ 12.6%€442,351▼ 9.1%€406,844▼ 8.0%
Working capital-€94,017--€5,275▲ 94.4%€165,138€155,296▼ 6.0%€248,927▲ 60.3%€259,648▲ 4.3%€277,659▲ 6.9%€300,497▲ 8.2%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €729,276
Fixed assets €315,835 ▼ 6.3%
Current assets €413,441 ▲ 5.2%
Equity and liabilities €729,276
Equity €322,433 ▲ 12.0%
Debt €406,844 ▼ 8.0%
Debt's share of the balance-sheet total falls from 60.6% to 55.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€64,581▲
2024 · €59,775
Cash flow
€55,920▲
2024 · €54,271
Current ratio
3.66▲
2024 · 3.41
Debt to equity
1.26▼
2024 · 1.54
ROE
10.7%▼
2024 · 11.5%
ROA
4.7%▲
2024 · 4.5%
Interest coverage
7.45▲
2024 · 7.31
Debt ≤ 1 year
€112,944▼
2024 · €115,370
Debt > 1 year
€292,456▼
2024 · €324,513
Income taxes
€17,325▲
2024 · €16,883
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 14,766 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96.2% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.2% went bankrupt
3.5% stopped otherwise
96.2% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 14,766 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€730,162€729,276▼
Fixed assets21/28€337,133€315,835▼
Tangible fixed assets22/27€337,133€315,835▼
Land and buildings22€337,133€315,835▼
Current assets29/58€393,029€413,441▲
Amounts receivable within one year40/41€342,953€365,357▲
Trade receivables40€24,700€26,130▲
Other amounts receivable41€318,253€339,227▲
Cash at bank and in hand54/58€25,568€25,703▲
Deferred charges and accrued income490/1€24,509€22,381▼
Equity and liabilities
Total equity and liabilities10/49€730,162€729,276▼
Equity10/15€287,811€322,433▲
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Reserves13€224,821€259,442▲
Non-distributable reserves130/1€6,200€6,200=
Legal reserve130€6,200€6,200=
Distributable reserves133€218,621€253,242▲
Profit (loss) carried forward14€991€991=
Amounts payable17/49€442,351€406,844▼
Amounts payable after more than one year17€324,513€292,456▼
Financial debts170/4€324,513€292,456▼
Amounts payable within one year42/48€115,370€112,944▼
Current portion of amounts payable after more than one year42€31,448€32,057▲
Trade debts44€17€957▲
Suppliers440/4€17€957▲
Taxes, remuneration and social security45€23,906€34,209▲
Taxes450/3€23,906€34,209▲
Other amounts payable47/48€59,999€45,723▼
Accrued charges and deferred income492/3€2,468€1,443▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21,298€21,298=
Other operating charges640/8€25,373€17,381▼
Gross operating margin9900€85,149€81,962▼
Operating profit (loss)9901€38,477€43,283▲
Financial income75/76B€19,561€17,330▼
Recurring financial income75€19,561€17,330▼
Financial charges65/66B€8,182€8,666▲
Recurring financial charges65€8,182€8,666▲
Profit (loss) for the period before taxes9903€49,856€51,947▲
Income taxes67/77€16,883€17,325▲
Profit (loss) for the period9904€32,973€34,621▲
Profit (loss) for the period to be appropriated9905€32,973€34,621▲
Appropriation of the result
Profit (loss) to be appropriated9906€33,964€35,612▲
Profit (loss) brought forward from the previous period14P€991€991=
Transfer to equity691/2€32,973€34,621▲
To other reserves6921€32,973€34,621▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29,758€11,360€33,368€39,238€26,294€23,777€21,298€21,298=
Other operating charges640/8---€15,260€15,673€17,132€25,373€17,381▼ 31.5%
Gross operating margin9900€86,207€87,969€81,986€86,551€103,277€76,621€85,149€81,962▼ 3.7%
Operating profit (loss)9901€42,765€62,572€33,397€32,053€61,309€35,712€38,477€43,283▲ 12.5%
Financial income75/76B---€12,576€12,791€17,847€19,561€17,330▼ 11.4%
Recurring financial income75-€281€5,031€12,576€12,791€17,847€19,561€17,330▼ 11.4%
Financial charges65/66B---€14,901€11,101€9,102€8,182€8,666▲ 5.9%
Recurring financial charges65€9,272€9,872€14,956€14,901€11,101€9,102€8,182€8,666▲ 5.9%
Profit (loss) for the period before taxes9903€33,493€52,981€23,472€29,728€63,000€44,457€49,856€51,947▲ 4.2%
Income taxes67/77-€9,717€6,238€7,912€20,981€14,827€16,883€17,325▲ 2.6%
Profit (loss) for the period9904€33,493€43,263€17,234€21,816€42,018€29,630€32,973€34,621▲ 5.0%
Profit (loss) for the period to be appropriated9905€33,493€43,263€17,234€21,816€42,018€29,630€32,973€34,621▲ 5.0%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€343,361€352,556€961,332€889,417€781,559€741,260€730,162€729,276▼ 0.1%
Fixed assets21/28€309,487€298,126€545,658€506,420€382,209€358,432€337,133€315,835▼ 6.3%
Tangible fixed assets22/27€309,487€298,126€545,658€506,420€382,209€358,432€337,133€315,835▼ 6.3%
Land and buildings22---€506,420€382,209€358,432€337,133€315,835▼ 6.3%
Current assets29/58€33,875€54,430€415,674€382,997€399,351€382,829€393,029€413,441▲ 5.2%
Amounts receivable within one year40/41€15,360€33,948€311,504€337,411€356,204€351,330€342,953€365,357▲ 6.5%
Trade receivables40---€18,590€20,029€19,285€24,700€26,130▲ 5.8%
Other amounts receivable41---€318,821€336,174€332,045€318,253€339,227▲ 6.6%
Cash at bank and in hand54/58€15,077€16,804€95,972€29,717€26,067€8,970€25,568€25,703▲ 0.5%
Deferred charges and accrued income490/1---€15,869€17,080€22,529€24,509€22,381▼ 8.7%
Equity and liabilities
Total equity and liabilities10/49€343,361€352,556€961,332€889,417€781,559€741,260€730,162€729,276▼ 0.1%
Equity10/15€100,877€144,141€161,374€183,191€225,209€254,838€287,811€322,433▲ 12.0%
Contributions10/11€62,000€62,000€62,000€62,000€62,000€62,000€62,000€62,000=
Capital10---€62,000€62,000€62,000€62,000€62,000=
Issued capital100---€62,000€62,000€62,000€62,000€62,000=
Reserves13€55,200€55,200€55,200€55,200€97,218€191,848€224,821€259,442▲ 15.4%
Non-distributable reserves130/1---€6,200€6,200€6,200€6,200€6,200=
Legal reserve130---€6,200€6,200€6,200€6,200€6,200=
Distributable reserves133---€49,000€91,018€185,648€218,621€253,242▲ 15.8%
Profit (loss) carried forward14-€16,323€26,941€44,174€65,991€65,991€991€991€991=
Amounts payable17/49€242,484€208,416€799,958€706,227€556,350€486,422€442,351€406,844▼ 8.0%
Amounts payable after more than one year17€99,723€137,188€543,646€472,580€399,833€355,960€324,513€292,456▼ 9.9%
Financial debts170/4---€472,580€399,833€355,960€324,513€292,456▼ 9.9%
Amounts payable within one year42/48€127,892€59,705€250,536€227,701€150,424€123,181€115,370€112,944▼ 2.1%
Current portion of amounts payable after more than one year42---€71,067€70,247€41,324€31,448€32,057▲ 1.9%
Trade debts44€24€1,694€155,955€138,872€31,121€509€17€957▲ 57×
Suppliers440/4---€138,872€31,121€509€17€957▲ 57×
Taxes, remuneration and social security45---€7,912€24,611€35,809€23,906€34,209▲ 43.1%
Taxes450/3---€7,912€24,611€35,809€23,906€34,209▲ 43.1%
Other amounts payable47/48---€9,850€24,446€45,540€59,999€45,723▼ 23.8%
Accrued charges and deferred income492/3---€5,946€6,094€7,280€2,468€1,443▼ 41.5%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€33,493€43,263€17,234€21,816€42,018€29,630€32,973€34,621▲ 5.0%
+ Depreciation and write-downs630€29,758€11,360€33,368€39,238€26,294€23,777€21,298€21,298=
Operating cash flow (approximation)€63,250€54,624€50,602€61,054€68,313€53,407€54,271€55,920▲ 3.0%
Investment in fixed assets (approximation)-€0-€280,900€0€97,917€0€0€0-
Change in cash-€1,727€79,168-€66,255-€3,650-€17,097€16,598€136▼ 99.2%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 35 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 09-10-2026 2026-00561865
31-12-2024 micro format 11-07-2025 2025-00281193
31-12-2023 micro format 26-09-2024 2024-00488792
31-12-2022 micro format 07-07-2023 2023-00214199
31-12-2021 micro format 23-09-2022 2022-20435846
31-12-2020 micro format 30-06-2021 2021-30900455
31-12-2019 micro format 22-09-2020 2020-55500026
31-12-2018 micro format 26-06-2019 2019-24200560
31-12-2017 micro format 06-07-2018 2018-30200297
31-12-2016 abbreviated format 19-06-2017 2017-18300438

Show all 35 filings

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