SkeyDrone: 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.
SkeyDrone
Largest movements
- Cash -€1.2m
down €1.2m (-39.0%), from €3.0m to €1.8m
mainly Net result for the year (-€2.2m) and Deferred charges and accrued income (-€1.0m)
- Deferred charges and accrued income +€1.0m
up €1.0m (+8,354%), from €12,438 to €1.1m
- Tangible fixed assets +€257,939
up €257,939 (+80.1%), from €322,210 to €580,149
of which Plant, machinery and equipment: +€270,762
- Receivables within one year -€116,281
down €116,281 (-9.2%), from €1.3m to €1.1m
of which Other amounts receivable: -€72,771
- Intangible fixed assets -€99,142
down €99,142 (-9.8%), from €1.0m to €913,573
- Profit (loss) carried forward -€2.2m
down €2.2m (-42.7%), from -€5.1m to -€7.2m
- Trade debts +€1.4m
up €1.4m (+1,307%), from €104,975 to €1.5m
- Accrued charges and deferred income +€948,571
up €948,571 (+402%), from €235,971 to €1.2m
- Tax, wage and social debts -€249,629
down €249,629 (-58.6%), from €426,243 to €176,615
of which Remuneration and social security: -€241,508
- Services and other goods +€425,313
up €425,313 (+38.6%), from €1.1m to €1.5m
- Other operating income -€399,428
down €399,428 (-73.3%), from €545,082 to €145,654
- Staff costs -€243,476
down €243,476 (-13.2%), from €1.9m to €1.6m
- Turnover -€171,662
down €171,662 (-12.0%), from €1.4m to €1.3m
- Depreciation +€124,087
up €124,087 (+32.2%), from €385,132 to €509,219
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 | €5,619,638 | €5,526,591 | -€93,047 | -1.7% |
| Fixed assets | 21/28 | €1,335,124 | €1,493,922 | +€158,797 | +11.9% |
| Intangible fixed assets | 21 | €1,012,715 | €913,573 | -€99,142 | -9.8% |
| Tangible fixed assets | 22/27 | €322,210 | €580,149 | +€257,939 | +80.1% |
| Plant, machinery and equipment | 23 | €159,270 | €430,032 | +€270,762 | +170% |
| Furniture and vehicles | 24 | €19,661 | €10,051 | -€9,610 | -48.9% |
| Assets under construction and advance payments | 27 | €143,280 | €140,067 | -€3,213 | -2.2% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Other financial fixed assets | 284/8 | €200 | €200 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €4,284,514 | €4,032,669 | -€251,845 | -5.9% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €1,262,716 | €1,146,435 | -€116,281 | -9.2% |
| Trade receivables | 40 | €675,907 | €632,397 | -€43,510 | -6.4% |
| Other amounts receivable | 41 | €586,810 | €514,038 | -€72,771 | -12.4% |
| Cash at bank and in hand | 54/58 | €3,009,359 | €1,834,723 | -€1.2m | -39.0% |
| Deferred charges and accrued income | 490/1 | €12,438 | €1,051,511 | +€1.0m | +8,354% |
| Total equity and liabilities | 10/49 | €5,619,638 | €5,526,591 | -€93,047 | -1.7% |
| Equity | 10/15 | €4,847,054 | €2,688,817 | -€2.2m | -44.5% |
| Contributions | 10/11 | €9,904,714 | €9,904,714 | = | 0.0% |
| Capital | 10 | €9,904,714 | €9,904,714 | = | 0.0% |
| Issued capital | 100 | €9,904,714 | €9,904,714 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,057,660 | -€7,215,896 | -€2.2m | -42.7% |
| Amounts payable | 17/49 | €772,584 | €2,837,773 | +€2.1m | +267% |
| Amounts payable within one year | 42/48 | €536,613 | €1,653,231 | +€1.1m | +208% |
| Financial debts | 43 | €5,395 | €0 | -€5,395 | -100% |
| Credit institutions | 430/8 | €5,395 | €0 | -€5,395 | -100% |
| Trade debts | 44 | €104,975 | €1,476,617 | +€1.4m | +1,307% |
| Suppliers | 440/4 | €104,975 | €1,476,617 | +€1.4m | +1,307% |
| Taxes, remuneration and social security | 45 | €426,243 | €176,615 | -€249,629 | -58.6% |
| Taxes | 450/3 | €67,232 | €59,110 | -€8,121 | -12.1% |
| Remuneration and social security | 454/9 | €359,012 | €117,504 | -€241,508 | -67.3% |
| Accrued charges and deferred income | 492/3 | €235,971 | €1,184,542 | +€948,571 | +402% |
| Operating income | 70/76A | €2,419,821 | €1,699,281 | -€720,539 | -29.8% |
| Turnover | 70 | €1,434,619 | €1,262,957 | -€171,662 | -12.0% |
| Own construction capitalised | 72 | €440,120 | €290,206 | -€149,914 | -34.1% |
| Other operating income | 74 | €545,082 | €145,654 | -€399,428 | -73.3% |
| Non-recurring operating income | 76A | - | €464 | +€464 | |
| Operating charges | 60/66A | €3,630,728 | €3,853,833 | +€223,106 | +6.1% |
| Goods for resale, raw materials and consumables | 60 | €279,748 | €211,040 | -€68,708 | -24.6% |
| Purchases | 600/8 | €279,748 | €211,040 | -€68,708 | -24.6% |
| Services and other goods | 61 | €1,101,347 | €1,526,660 | +€425,313 | +38.6% |
| Remuneration, social security and pensions | 62 | €1,850,382 | €1,606,906 | -€243,476 | -13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €385,132 | €509,219 | +€124,087 | +32.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €13,775 | €0 | -€13,775 | -100% |
| Other operating charges | 640/8 | €138 | €8 | -€130 | -94.2% |
| Non-recurring operating charges | 66A | €206 | €0 | -€206 | -100% |
| Operating profit (loss) | 9901 | -€1,210,907 | -€2,154,552 | -€943,645 | -77.9% |
| Financial income | 75/76B | €49 | €90 | +€40 | +81.5% |
| Recurring financial income | 75 | €49 | €90 | +€40 | +81.5% |
| Other financial income | 752/9 | €49 | €90 | +€40 | +81.5% |
| Financial charges | 65/66B | €1,665 | €2,284 | +€619 | +37.2% |
| Recurring financial charges | 65 | €1,665 | €2,284 | +€619 | +37.2% |
| Debt charges | 650 | €184 | €0 | -€184 | -100% |
| Other financial charges | 652/9 | €1,482 | €2,284 | +€803 | +54.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,212,523 | -€2,156,747 | -€944,224 | -77.9% |
| Income taxes | 67/77 | €7,748 | €1,490 | -€6,258 | -80.8% |
| Taxes | 670/3 | €7,748 | €1,490 | -€6,258 | -80.8% |
| Profit (loss) for the period | 9904 | -€1,220,271 | -€2,158,237 | -€937,966 | -76.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,220,271 | -€2,158,237 | -€937,966 | -76.9% |
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 18 October 2026 via checked.be.