ANTWERP SKYPARK: what changed
ANTWERP SKYPARK
Largest movements
- Tangible fixed assets -€42,139
down €42,139 (-11.9%), from €355,107 to €312,968
- Receivables within one year +€32,049
up €32,049 (+19.8%), from €161,634 to €193,682
of which Other amounts receivable: +€18,187
- Cash -€15,444
down €15,444 (-91.8%), from €16,828 to €1,384
mainly Receivables within one year (-€32,049) and Debts after one year (-€31,164)
- Debts after one year -€31,164
down €31,164 (-22.6%), from €138,004 to €106,840
- Trade debts +€28,408
up €28,408 (+50.5%), from €56,223 to €84,632
- Current portion of long-term debt -€21,020
down €21,020 (-32.4%), from €64,942 to €43,922
- Gross operating margin -€26,410
down €26,410 (-28.8%), from €91,574 to €65,163
- Taxes -€8,100
down €8,100 (-92.6%), from €8,745 to €645
- Financial charges +€5,665
up €5,665 (+77.3%), from €7,325 to €12,990
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €536,501 | €510,967 | -€25,534 | -4.8% |
| Fixed assets | 21/28 | €357,607 | €315,468 | -€42,139 | -11.8% |
| Tangible fixed assets | 22/27 | €355,107 | €312,968 | -€42,139 | -11.9% |
| Land and buildings | 22 | €355,107 | €312,968 | -€42,139 | -11.9% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €178,895 | €195,499 | +€16,605 | +9.3% |
| Amounts receivable within one year | 40/41 | €161,634 | €193,682 | +€32,049 | +19.8% |
| Trade receivables | 40 | €124,373 | €138,235 | +€13,862 | +11.1% |
| Other amounts receivable | 41 | €37,261 | €55,448 | +€18,187 | +48.8% |
| Cash at bank and in hand | 54/58 | €16,828 | €1,384 | -€15,444 | -91.8% |
| Deferred charges and accrued income | 490/1 | €433 | €433 | = | 0.0% |
| Total equity and liabilities | 10/49 | €536,501 | €510,967 | -€25,534 | -4.8% |
| Equity | 10/15 | €273,297 | €275,232 | +€1,935 | +0.7% |
| Contributions | 10/11 | €105,000 | €105,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €168,297 | €170,232 | +€1,935 | +1.1% |
| Amounts payable | 17/49 | €263,205 | €235,735 | -€27,469 | -10.4% |
| Amounts payable after more than one year | 17 | €138,004 | €106,840 | -€31,164 | -22.6% |
| Financial debts | 170/4 | €138,004 | €106,840 | -€31,164 | -22.6% |
| Amounts payable within one year | 42/48 | €125,200 | €128,895 | +€3,695 | +3.0% |
| Current portion of amounts payable after more than one year | 42 | €64,942 | €43,922 | -€21,020 | -32.4% |
| Trade debts | 44 | €56,223 | €84,632 | +€28,408 | +50.5% |
| Suppliers | 440/4 | €56,223 | €84,632 | +€28,408 | +50.5% |
| Advances received on contracts in progress | 46 | €2,243 | €0 | -€2,243 | -100% |
| Taxes, remuneration and social security | 45 | €1,792 | €341 | -€1,451 | -80.9% |
| Taxes | 450/3 | €1,792 | €341 | -€1,451 | -80.9% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,139 | €42,139 | -€0 | 0.0% |
| Other operating charges | 640/8 | €7,220 | €7,461 | +€241 | +3.3% |
| Gross operating margin | 9900 | €91,574 | €65,163 | -€26,410 | -28.8% |
| Operating profit (loss) | 9901 | €42,214 | €15,563 | -€26,651 | -63.1% |
| Financial income | 75/76B | €11 | €7 | -€4 | -38.6% |
| Recurring financial income | 75 | €11 | €7 | -€4 | -38.6% |
| Financial charges | 65/66B | €7,325 | €12,990 | +€5,665 | +77.3% |
| Recurring financial charges | 65 | €7,325 | €12,990 | +€5,665 | +77.3% |
| Profit (loss) for the period before taxes | 9903 | €34,900 | €2,580 | -€32,320 | -92.6% |
| Income taxes | 67/77 | €8,745 | €645 | -€8,100 | -92.6% |
| Profit (loss) for the period | 9904 | €26,155 | €1,935 | -€24,220 | -92.6% |
| Profit (loss) for the period to be appropriated | 9905 | €26,155 | €1,935 | -€24,220 | -92.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.