SKY CHANNEL: 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 CHANNEL
Largest movements
- Receivables within one year +€113,812
up €113,812 (+7.2%), from €1.6m to €1.7m
of which Trade receivables: +€114,845
- Trade debts +€103,373
up €103,373 (+17.8%), from €581,717 to €685,090
- Tax, wage and social debts -€41,545
no longer reported in 2025 (was €41,545)
- Profit (loss) carried forward +€35,036
up €35,036 (+4.3%), from €808,395 to €843,431
- Turnover +€93,080
up €93,080 (+8.1%), from €1.1m to €1.2m
- Services and other goods +€87,052
up €87,052 (+8.0%), from €1.1m to €1.2m
- Taxes -€45,727
down €45,727 (-65.8%), from €69,545 to €23,818
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,590,351 | €1,704,163 | +€113,812 | +7.2% |
| Current assets | 29/58 | €1,590,351 | €1,704,163 | +€113,812 | +7.2% |
| Amounts receivable within one year | 40/41 | €1,590,351 | €1,704,163 | +€113,812 | +7.2% |
| Trade receivables | 40 | €1,581,431 | €1,696,276 | +€114,845 | +7.3% |
| Other amounts receivable | 41 | €8,920 | €7,887 | -€1,033 | -11.6% |
| Total equity and liabilities | 10/49 | €1,590,351 | €1,704,163 | +€113,812 | +7.2% |
| Equity | 10/15 | €876,595 | €911,631 | +€35,036 | +4.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €808,395 | €843,431 | +€35,036 | +4.3% |
| Amounts payable | 17/49 | €713,756 | €792,532 | +€78,776 | +11.0% |
| Amounts payable within one year | 42/48 | €713,756 | €792,532 | +€78,776 | +11.0% |
| Trade debts | 44 | €581,717 | €685,090 | +€103,373 | +17.8% |
| Suppliers | 440/4 | €581,717 | €685,090 | +€103,373 | +17.8% |
| Taxes, remuneration and social security | 45 | €41,545 | - | -€41,545 | |
| Taxes | 450/3 | €41,545 | - | -€41,545 | |
| Other amounts payable | 47/48 | €90,494 | €107,442 | +€16,948 | +18.7% |
| Operating income | 70/76A | €1,331,395 | €1,236,321 | -€95,074 | -7.1% |
| Turnover | 70 | €1,143,241 | €1,236,321 | +€93,080 | +8.1% |
| Non-recurring operating income | 76A | €188,154 | - | -€188,154 | |
| Operating charges | 60/66A | €1,084,165 | €1,171,201 | +€87,036 | +8.0% |
| Services and other goods | 61 | €1,083,079 | €1,170,131 | +€87,052 | +8.0% |
| Other operating charges | 640/8 | €1,086 | €1,070 | -€16 | -1.5% |
| Operating profit (loss) | 9901 | €247,230 | €65,120 | -€182,110 | -73.7% |
| Financial charges | 65/66B | €4,635 | €6,266 | +€1,631 | +35.2% |
| Recurring financial charges | 65 | €4,635 | €6,266 | +€1,631 | +35.2% |
| Debt charges | 650 | €4,105 | €5,733 | +€1,628 | +39.7% |
| Other financial charges | 652/9 | €530 | €533 | +€3 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | €242,595 | €58,854 | -€183,741 | -75.7% |
| Income taxes | 67/77 | €69,545 | €23,818 | -€45,727 | -65.8% |
| Taxes | 670/3 | €69,545 | €23,818 | -€45,727 | -65.8% |
| Profit (loss) for the period | 9904 | €173,050 | €35,036 | -€138,014 | -79.8% |
| Profit (loss) for the period to be appropriated | 9905 | €173,050 | €35,036 | -€138,014 | -79.8% |
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 23 October 2026 via checked.be.