SKY ASSIST: 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 ASSIST
Largest movements
- Current investments -€40,000
down €40,000 (-38.5%), from €103,797 to €63,797
- Cash -€30,647
down €30,647 (-20.0%), from €153,261 to €122,614
mainly Net result for the year (-€56,349) and Trade debts (-€51,503)
- Intangible fixed assets -€23,335
down €23,335 (-45.6%), from €51,210 to €27,874
- Receivables within one year +€22,694
up €22,694 (+6.9%), from €327,336 to €350,029
of which Other amounts receivable: +€36,187
- Tangible fixed assets -€7,852
down €7,852 (-20.8%), from €37,724 to €29,872
of which Plant, machinery and equipment: -€7,699
- Profit (loss) carried forward -€56,349
down €56,349 (-44.9%), from €125,425 to €69,076
- Trade debts -€51,503
down €51,503 (-37.4%), from €137,612 to €86,109
- Accrued charges and deferred income +€32,407
new in 2025: €32,407
- Gross operating margin -€60,661
down €60,661 (-31.3%), from €193,885 to €133,224
- Staff costs +€7,909
up €7,909 (+5.3%), from €149,246 to €157,155
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 | €722,912 | €641,709 | -€81,203 | -11.2% |
| Fixed assets | 21/28 | €88,933 | €57,746 | -€31,188 | -35.1% |
| Intangible fixed assets | 21 | €51,210 | €27,874 | -€23,335 | -45.6% |
| Tangible fixed assets | 22/27 | €37,724 | €29,872 | -€7,852 | -20.8% |
| Plant, machinery and equipment | 23 | €37,288 | €29,589 | -€7,699 | -20.6% |
| Furniture and vehicles | 24 | €436 | €282 | -€154 | -35.3% |
| Current assets | 29/58 | €633,979 | €583,963 | -€50,016 | -7.9% |
| Amounts receivable within one year | 40/41 | €327,336 | €350,029 | +€22,694 | +6.9% |
| Trade receivables | 40 | €294,994 | €281,501 | -€13,493 | -4.6% |
| Other amounts receivable | 41 | €32,342 | €68,528 | +€36,187 | +111.9% |
| Current investments | 50/53 | €103,797 | €63,797 | -€40,000 | -38.5% |
| Cash at bank and in hand | 54/58 | €153,261 | €122,614 | -€30,647 | -20.0% |
| Deferred charges and accrued income | 490/1 | €49,585 | €47,523 | -€2,062 | -4.2% |
| Total equity and liabilities | 10/49 | €722,912 | €641,709 | -€81,203 | -11.2% |
| Equity | 10/15 | €534,487 | €478,138 | -€56,349 | -10.5% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Capital | 10 | €80,000 | €80,000 | = | 0.0% |
| Issued capital | 100 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €329,062 | €329,062 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,000 | €8,000 | = | 0.0% |
| Legal reserve | 130 | €8,000 | €8,000 | = | 0.0% |
| Distributable reserves | 133 | €321,062 | €321,062 | = | 0.0% |
| Profit (loss) carried forward | 14 | €125,425 | €69,076 | -€56,349 | -44.9% |
| Amounts payable | 17/49 | €188,426 | €163,571 | -€24,855 | -13.2% |
| Amounts payable after more than one year | 17 | €13,776 | €7,095 | -€6,681 | -48.5% |
| Financial debts | 170/4 | €13,776 | €7,095 | -€6,681 | -48.5% |
| Amounts payable within one year | 42/48 | €174,650 | €124,069 | -€50,581 | -29.0% |
| Current portion of amounts payable after more than one year | 42 | €6,475 | €6,681 | +€205 | +3.2% |
| Trade debts | 44 | €137,612 | €86,109 | -€51,503 | -37.4% |
| Suppliers | 440/4 | €137,612 | €86,109 | -€51,503 | -37.4% |
| Taxes, remuneration and social security | 45 | €29,029 | €29,745 | +€716 | +2.5% |
| Taxes | 450/3 | €4,450 | €4,729 | +€279 | +6.3% |
| Remuneration and social security | 454/9 | €24,579 | €25,016 | +€437 | +1.8% |
| Other amounts payable | 47/48 | €1,533 | €1,533 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €32,407 | +€32,407 | |
| Remuneration, social security and pensions | 62 | €149,246 | €157,155 | +€7,909 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,438 | €31,188 | -€1,251 | -3.9% |
| Other operating charges | 640/8 | €946 | €574 | -€372 | -39.3% |
| Gross operating margin | 9900 | €193,885 | €133,224 | -€60,661 | -31.3% |
| Operating profit (loss) | 9901 | €11,254 | -€55,693 | -€66,947 | |
| Financial income | 75/76B | €867 | €601 | -€266 | -30.6% |
| Recurring financial income | 75 | €867 | €601 | -€266 | -30.6% |
| Financial charges | 65/66B | €1,758 | €978 | -€780 | -44.4% |
| Recurring financial charges | 65 | €1,758 | €978 | -€780 | -44.4% |
| Profit (loss) for the period before taxes | 9903 | €10,363 | -€56,069 | -€66,433 | |
| Income taxes | 67/77 | €1,193 | €279 | -€914 | -76.6% |
| Profit (loss) for the period | 9904 | €9,170 | -€56,349 | -€65,519 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,170 | -€56,349 | -€65,519 |
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 12 October 2026 via checked.be.