SKY ART SERVICES: 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 ART SERVICES
Largest movements
- Cash +€108,682
up €108,682 (+44.0%), from €246,996 to €355,678
mainly Net result for the year (+€551,822) and Other debts (+€215,586)
- Receivables within one year +€81,376
up €81,376 (+9.3%), from €870,437 to €951,813
of which Trade receivables: +€126,008
- Financial fixed assets +€26,000
up €26,000 (+306%), from €8,500 to €34,500
- Tangible fixed assets -€22,402
down €22,402 (-22.7%), from €98,870 to €76,468
of which Other tangible fixed assets: -€21,782
- Intangible fixed assets +€17,270
up €17,270 (+1,371%), from €1,260 to €18,530
- Other debts +€215,586
up €215,586 (+133%), from €161,949 to €377,535
- Trade debts -€205,147
down €205,147 (-21.8%), from €942,229 to €737,082
- Profit (loss) carried forward +€174,322
up €174,322 (+116%), from €149,680 to €324,002
- Provisions +€15,000
new in 2025: €15,000
- Gross operating margin +€370,018
up €370,018 (+99.4%), from €372,333 to €742,351
- Taxes +€41,509
up €41,509 (+178%), from €23,311 to €64,819
- Provisions +€15,000
new in 2025: €15,000
- Staff costs -€9,190
down €9,190 (-9.7%), from €94,444 to €85,254
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 | €1,288,627 | €1,495,223 | +€206,596 | +16.0% |
| Fixed assets | 21/28 | €108,630 | €129,499 | +€20,869 | +19.2% |
| Intangible fixed assets | 21 | €1,260 | €18,530 | +€17,270 | +1,371% |
| Tangible fixed assets | 22/27 | €98,870 | €76,468 | -€22,402 | -22.7% |
| Furniture and vehicles | 24 | €1,640 | €1,020 | -€620 | -37.8% |
| Other tangible fixed assets | 26 | €97,231 | €75,449 | -€21,782 | -22.4% |
| Financial fixed assets | 28 | €8,500 | €34,500 | +€26,000 | +306% |
| Current assets | 29/58 | €1,179,997 | €1,365,724 | +€185,727 | +15.7% |
| Amounts receivable within one year | 40/41 | €870,437 | €951,813 | +€81,376 | +9.3% |
| Trade receivables | 40 | €730,432 | €856,441 | +€126,008 | +17.3% |
| Other amounts receivable | 41 | €140,005 | €95,372 | -€44,632 | -31.9% |
| Cash at bank and in hand | 54/58 | €246,996 | €355,678 | +€108,682 | +44.0% |
| Deferred charges and accrued income | 490/1 | €62,564 | €58,233 | -€4,331 | -6.9% |
| Total equity and liabilities | 10/49 | €1,288,627 | €1,495,223 | +€206,596 | +16.0% |
| Equity | 10/15 | €171,680 | €346,002 | +€174,322 | +102% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €149,680 | €324,002 | +€174,322 | +116% |
| Provisions and deferred taxes | 16 | - | €15,000 | +€15,000 | |
| Provisions for liabilities and charges | 160/5 | - | €15,000 | +€15,000 | |
| Taxes | 161 | - | €15,000 | +€15,000 | |
| Amounts payable | 17/49 | €1,116,947 | €1,134,221 | +€17,274 | +1.5% |
| Amounts payable within one year | 42/48 | €1,116,797 | €1,126,021 | +€9,224 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €942,229 | €737,082 | -€205,147 | -21.8% |
| Suppliers | 440/4 | €942,229 | €737,082 | -€205,147 | -21.8% |
| Taxes, remuneration and social security | 45 | €12,620 | €11,404 | -€1,216 | -9.6% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €12,620 | €11,404 | -€1,216 | -9.6% |
| Other amounts payable | 47/48 | €161,949 | €377,535 | +€215,586 | +133% |
| Accrued charges and deferred income | 492/3 | €150 | €8,200 | +€8,050 | +5,367% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €94,444 | €85,254 | -€9,190 | -9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,598 | €25,314 | -€284 | -1.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €15,000 | +€15,000 | |
| Other operating charges | 640/8 | €1,288 | €1,376 | +€88 | +6.9% |
| Non-recurring operating charges | 66A | - | €127 | +€127 | |
| Gross operating margin | 9900 | €372,333 | €742,351 | +€370,018 | +99.4% |
| Operating profit (loss) | 9901 | €251,004 | €615,280 | +€364,276 | +145% |
| Financial income | 75/76B | €0 | €2,072 | +€2,072 | |
| Recurring financial income | 75 | €0 | €2,072 | +€2,072 | |
| Financial charges | 65/66B | €3,167 | €710 | -€2,457 | -77.6% |
| Recurring financial charges | 65 | €3,167 | €710 | -€2,457 | -77.6% |
| Profit (loss) for the period before taxes | 9903 | €247,837 | €616,642 | +€368,805 | +149% |
| Income taxes | 67/77 | €23,311 | €64,819 | +€41,509 | +178% |
| Profit (loss) for the period | 9904 | €224,526 | €551,822 | +€327,296 | +146% |
| Profit (loss) for the period to be appropriated | 9905 | €224,526 | €551,822 | +€327,296 | +146% |
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 20 October 2026 via checked.be.