SKY: 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.
SKY
Largest movements
- Tangible fixed assets -€940
down €940 (-4.7%), from €19,879 to €18,939
of which Furniture and vehicles: -€4,352
- Cash +€638
up €638 (+75.6%), from €844 to €1,482
mainly Depreciation (+€4,478) and Other debts (+€2,343)
- Other debts +€2,343
up €2,343 (+29.6%), from €7,923 to €10,267
- Debts after one year -€2,331
down €2,331 (-48.7%), from €4,790 to €2,459
- Tax, wage and social debts +€951
up €951 (+26.8%), from €3,548 to €4,499
- Trade debts -€617
down €617 (-49.0%), from €1,258 to €642
- Gross operating margin -€7,877
down €7,877 (-41.1%), from €19,157 to €11,279
- Other operating charges +€2,990
up €2,990 (+214%), from €1,399 to €4,389
- Depreciation +€2,900
up €2,900 (+184%), from €1,578 to €4,478
- Taxes -€2,723
down €2,723 (-81.9%), from €3,323 to €600
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 | €55,513 | €56,000 | +€487 | +0.9% |
| Fixed assets | 21/28 | €19,879 | €18,939 | -€940 | -4.7% |
| Tangible fixed assets | 22/27 | €19,879 | €18,939 | -€940 | -4.7% |
| Furniture and vehicles | 24 | €19,879 | €15,527 | -€4,352 | -21.9% |
| Other tangible fixed assets | 26 | - | €3,412 | +€3,412 | |
| Current assets | 29/58 | €35,634 | €37,061 | +€1,427 | +4.0% |
| Stocks and contracts in progress | 3 | €31,635 | €32,142 | +€507 | +1.6% |
| Stocks | 30/36 | €31,635 | €32,142 | +€507 | +1.6% |
| Amounts receivable within one year | 40/41 | €1,806 | €2,047 | +€241 | +13.4% |
| Trade receivables | 40 | - | €552 | +€552 | |
| Other amounts receivable | 41 | €1,806 | €1,495 | -€311 | -17.2% |
| Cash at bank and in hand | 54/58 | €844 | €1,482 | +€638 | +75.6% |
| Deferred charges and accrued income | 490/1 | €1,348 | €1,389 | +€41 | +3.0% |
| Total equity and liabilities | 10/49 | €55,513 | €56,000 | +€487 | +0.9% |
| Equity | 10/15 | €35,784 | €35,803 | +€19 | +0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €17,184 | €17,203 | +€19 | +0.1% |
| Distributable reserves | 133 | €17,184 | €17,203 | +€19 | +0.1% |
| Amounts payable | 17/49 | €19,730 | €20,198 | +€468 | +2.4% |
| Amounts payable after more than one year | 17 | €4,790 | €2,459 | -€2,331 | -48.7% |
| Financial debts | 170/4 | €4,790 | €2,459 | -€2,331 | -48.7% |
| Amounts payable within one year | 42/48 | €14,939 | €17,739 | +€2,799 | +18.7% |
| Current portion of amounts payable after more than one year | 42 | €2,210 | €2,331 | +€121 | +5.5% |
| Trade debts | 44 | €1,258 | €642 | -€617 | -49.0% |
| Suppliers | 440/4 | €1,258 | €642 | -€617 | -49.0% |
| Taxes, remuneration and social security | 45 | €3,548 | €4,499 | +€951 | +26.8% |
| Taxes | 450/3 | €3,548 | €4,499 | +€951 | +26.8% |
| Other amounts payable | 47/48 | €7,923 | €10,267 | +€2,343 | +29.6% |
| Non-recurring operating income | 76A | €13,697 | - | -€13,697 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,578 | €4,478 | +€2,900 | +184% |
| Other operating charges | 640/8 | €1,399 | €4,389 | +€2,990 | +214% |
| Gross operating margin | 9900 | €19,157 | €11,279 | -€7,877 | -41.1% |
| Operating profit (loss) | 9901 | €16,179 | €2,412 | -€13,767 | -85.1% |
| Financial income | 75/76B | €0 | €0 | -€0 | -92.1% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -92.1% |
| Financial charges | 65/66B | €1,683 | €1,793 | +€110 | +6.6% |
| Recurring financial charges | 65 | €1,683 | €1,793 | +€110 | +6.6% |
| Profit (loss) for the period before taxes | 9903 | €14,497 | €619 | -€13,878 | -95.7% |
| Income taxes | 67/77 | €3,323 | €600 | -€2,723 | -81.9% |
| Profit (loss) for the period | 9904 | €11,174 | €19 | -€11,154 | -99.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,174 | €19 | -€11,154 | -99.8% |
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 14 October 2026 via checked.be.