SKOWFLY: 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.
SKOWFLY
Largest movements
- Receivables within one year -€16,115
down €16,115 (-20.4%), from €79,000 to €62,885
- Cash +€14,512
up €14,512 (+14.6%), from €99,234 to €113,746
mainly Net result for the year (+€64,084) and Receivables within one year (+€16,115)
- Deferred charges and accrued income +€4,877
new in 2025: €4,877
- Reserves +€64,084
up €64,084 (+88.5%), from €72,380 to €136,463
- Trade debts -€57,117
down €57,117 (-68.5%), from €83,390 to €26,273
- Tax, wage and social debts -€5,650
down €5,650 (-32.6%), from €17,324 to €11,674
of which Remuneration and social security: -€3,197
- Other debts +€1,958
up €1,958 (+91.5%), from €2,140 to €4,098
- Gross operating margin +€44,944
up €44,944 (+106%), from €42,379 to €87,323
- Taxes +€10,221
up €10,221 (+112%), from €9,108 to €19,329
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 | €178,234 | €181,508 | +€3,275 | +1.8% |
| Current assets | 29/58 | €178,234 | €181,508 | +€3,275 | +1.8% |
| Amounts receivable within one year | 40/41 | €79,000 | €62,885 | -€16,115 | -20.4% |
| Trade receivables | 40 | €79,000 | €62,885 | -€16,115 | -20.4% |
| Cash at bank and in hand | 54/58 | €99,234 | €113,746 | +€14,512 | +14.6% |
| Deferred charges and accrued income | 490/1 | - | €4,877 | +€4,877 | |
| Total equity and liabilities | 10/49 | €178,234 | €181,508 | +€3,275 | +1.8% |
| Equity | 10/15 | €75,380 | €139,463 | +€64,084 | +85.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €72,380 | €136,463 | +€64,084 | +88.5% |
| Distributable reserves | 133 | €72,380 | €136,463 | +€64,084 | +88.5% |
| Amounts payable | 17/49 | €102,854 | €42,045 | -€60,809 | -59.1% |
| Amounts payable within one year | 42/48 | €102,854 | €42,045 | -€60,809 | -59.1% |
| Trade debts | 44 | €83,390 | €26,273 | -€57,117 | -68.5% |
| Suppliers | 440/4 | €83,390 | €26,273 | -€57,117 | -68.5% |
| Taxes, remuneration and social security | 45 | €17,324 | €11,674 | -€5,650 | -32.6% |
| Taxes | 450/3 | €14,127 | €11,674 | -€2,453 | -17.4% |
| Remuneration and social security | 454/9 | €3,197 | - | -€3,197 | |
| Other amounts payable | 47/48 | €2,140 | €4,098 | +€1,958 | +91.5% |
| Other operating charges | 640/8 | €1,129 | €1,009 | -€120 | -10.6% |
| Gross operating margin | 9900 | €42,379 | €87,323 | +€44,944 | +106% |
| Operating profit (loss) | 9901 | €41,250 | €86,314 | +€45,064 | +109% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,699 | €2,901 | +€202 | +7.5% |
| Recurring financial charges | 65 | €2,699 | €2,901 | +€202 | +7.5% |
| Profit (loss) for the period before taxes | 9903 | €38,551 | €83,413 | +€44,862 | +116% |
| Income taxes | 67/77 | €9,108 | €19,329 | +€10,221 | +112% |
| Profit (loss) for the period | 9904 | €29,443 | €64,084 | +€34,641 | +118% |
| Profit (loss) for the period to be appropriated | 9905 | €29,443 | €64,084 | +€34,641 | +118% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.