SKY 1 ONE: 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 1 ONE
Largest movements
- Cash +€23,531
up €23,531 (+52.6%), from €44,701 to €68,232
mainly Net result for the year (+€24,051) and Depreciation (+€16,408)
- Stocks and contracts +€13,839
up €13,839 (+124.2%), from €11,146 to €24,986
- Tangible fixed assets -€12,502
down €12,502 (-17.4%), from €71,741 to €59,239
of which Furniture and vehicles: -€8,137
- Receivables within one year -€2,838
down €2,838 (-71.7%), from €3,956 to €1,118
of which Trade receivables: -€2,660
- Deferred charges and accrued income -€2,252
down €2,252 (-89.8%), from €2,507 to €256
- Profit (loss) carried forward +€24,051
up €24,051 (+54.2%), from €44,394 to €68,445
- Other debts -€5,269
down €5,269 (-10.2%), from €51,523 to €46,254
- Gross operating margin -€42,885
down €42,885 (-36.7%), from €116,746 to €73,861
- Staff costs -€12,831
down €12,831 (-39.0%), from €32,929 to €20,099
- Taxes -€7,842
down €7,842 (-51.4%), from €15,251 to €7,409
- Financial charges -€4,424
down €4,424 (-47.8%), from €9,250 to €4,826
- Depreciation +€2,232
up €2,232 (+15.7%), from €14,176 to €16,408
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.
Cash bridge derived
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 | €134,652 | €154,430 | +€19,778 | +14.7% |
| Fixed assets | 21/28 | €72,341 | €59,839 | -€12,502 | -17.3% |
| Tangible fixed assets | 22/27 | €71,741 | €59,239 | -€12,502 | -17.4% |
| Plant, machinery and equipment | 23 | €50,129 | €45,763 | -€4,365 | -8.7% |
| Furniture and vehicles | 24 | €21,613 | €13,476 | -€8,137 | -37.6% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €62,311 | €94,591 | +€32,280 | +51.8% |
| Stocks and contracts in progress | 3 | €11,146 | €24,986 | +€13,839 | +124.2% |
| Stocks | 30/36 | €11,146 | €24,986 | +€13,839 | +124.2% |
| Amounts receivable within one year | 40/41 | €3,956 | €1,118 | -€2,838 | -71.7% |
| Trade receivables | 40 | €2,660 | - | -€2,660 | |
| Other amounts receivable | 41 | €1,296 | €1,118 | -€178 | -13.7% |
| Cash at bank and in hand | 54/58 | €44,701 | €68,232 | +€23,531 | +52.6% |
| Deferred charges and accrued income | 490/1 | €2,507 | €256 | -€2,252 | -89.8% |
| Total equity and liabilities | 10/49 | €134,652 | €154,430 | +€19,778 | +14.7% |
| Equity | 10/15 | €47,394 | €71,445 | +€24,051 | +50.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,394 | €68,445 | +€24,051 | +54.2% |
| Amounts payable | 17/49 | €87,258 | €82,985 | -€4,273 | -4.9% |
| Amounts payable within one year | 42/48 | €87,258 | €82,985 | -€4,273 | -4.9% |
| Trade debts | 44 | €10,386 | €10,206 | -€180 | -1.7% |
| Suppliers | 440/4 | €10,386 | €10,206 | -€180 | -1.7% |
| Taxes, remuneration and social security | 45 | €25,349 | €26,525 | +€1,176 | +4.6% |
| Taxes | 450/3 | €16,185 | €23,310 | +€7,126 | +44.0% |
| Remuneration and social security | 454/9 | €9,165 | €3,215 | -€5,950 | -64.9% |
| Other amounts payable | 47/48 | €51,523 | €46,254 | -€5,269 | -10.2% |
| Remuneration, social security and pensions | 62 | €32,929 | €20,099 | -€12,831 | -39.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,176 | €16,408 | +€2,232 | +15.7% |
| Other operating charges | 640/8 | €1,320 | €1,089 | -€231 | -17.5% |
| Gross operating margin | 9900 | €116,746 | €73,861 | -€42,885 | -36.7% |
| Operating profit (loss) | 9901 | €68,321 | €36,266 | -€32,055 | -46.9% |
| Financial income | 75/76B | €7 | €21 | +€14 | +212.3% |
| Recurring financial income | 75 | €7 | €21 | +€14 | +212.3% |
| Financial charges | 65/66B | €9,250 | €4,826 | -€4,424 | -47.8% |
| Recurring financial charges | 65 | €9,250 | €4,826 | -€4,424 | -47.8% |
| Profit (loss) for the period before taxes | 9903 | €59,078 | €31,461 | -€27,617 | -46.7% |
| Income taxes | 67/77 | €15,251 | €7,409 | -€7,842 | -51.4% |
| Profit (loss) for the period | 9904 | €43,827 | €24,051 | -€19,775 | -45.1% |
| Profit (loss) for the period to be appropriated | 9905 | €43,827 | €24,051 | -€19,775 | -45.1% |
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 11 October 2026 via checked.be.