Sky Is The Limit: 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 Is The Limit
Largest movements
- Tangible fixed assets -€22,221
down €22,221 (-2.6%), from €848,719 to €826,497
- Cash -€15,143
down €15,143 (-65.5%), from €23,133 to €7,990
mainly Net result for the year (-€28,989) and Other debts (-€14,581)
- Profit (loss) carried forward -€28,989
down €28,989 (-4.2%), from €690,136 to €661,148
- Other debts -€14,581
down €14,581 (-7.2%), from €203,623 to €189,042
- Other operating charges +€3,399
up €3,399 (+48.0%), from €7,074 to €10,473
- Gross operating margin -€260
down €260 (-6.0%), from €4,345 to €4,086
- Financial charges +€162
up €162 (+74.5%), from €218 to €380
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 | €932,535 | €893,993 | -€38,542 | -4.1% |
| Fixed assets | 21/28 | €848,719 | €826,497 | -€22,221 | -2.6% |
| Tangible fixed assets | 22/27 | €848,719 | €826,497 | -€22,221 | -2.6% |
| Land and buildings | 22 | €848,719 | €826,497 | -€22,221 | -2.6% |
| Current assets | 29/58 | €83,816 | €67,496 | -€16,320 | -19.5% |
| Amounts receivable within one year | 40/41 | €57,976 | €58,699 | +€724 | +1.2% |
| Trade receivables | 40 | - | €1,350 | +€1,350 | |
| Other amounts receivable | 41 | €57,976 | €57,349 | -€626 | -1.1% |
| Cash at bank and in hand | 54/58 | €23,133 | €7,990 | -€15,143 | -65.5% |
| Deferred charges and accrued income | 490/1 | €2,707 | €807 | -€1,901 | -70.2% |
| Total equity and liabilities | 10/49 | €932,535 | €893,993 | -€38,542 | -4.1% |
| Equity | 10/15 | €717,339 | €688,350 | -€28,989 | -4.0% |
| Contributions | 10/11 | €14,383 | €14,383 | = | 0.0% |
| Reserves | 13 | €12,819 | €12,819 | = | 0.0% |
| Distributable reserves | 133 | €12,819 | €12,819 | = | 0.0% |
| Profit (loss) carried forward | 14 | €690,136 | €661,148 | -€28,989 | -4.2% |
| Amounts payable | 17/49 | €215,196 | €205,642 | -€9,553 | -4.4% |
| Amounts payable within one year | 42/48 | €214,458 | €205,642 | -€8,816 | -4.1% |
| Trade debts | 44 | €10,835 | €16,600 | +€5,765 | +53.2% |
| Suppliers | 440/4 | €10,835 | €16,600 | +€5,765 | +53.2% |
| Other amounts payable | 47/48 | €203,623 | €189,042 | -€14,581 | -7.2% |
| Accrued charges and deferred income | 492/3 | €737 | - | -€737 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,221 | €22,221 | = | 0.0% |
| Other operating charges | 640/8 | €7,074 | €10,473 | +€3,399 | +48.0% |
| Gross operating margin | 9900 | €4,345 | €4,086 | -€260 | -6.0% |
| Operating profit (loss) | 9901 | -€24,950 | -€28,609 | -€3,659 | -14.7% |
| Financial charges | 65/66B | €218 | €380 | +€162 | +74.5% |
| Recurring financial charges | 65 | €218 | €380 | +€162 | +74.5% |
| Profit (loss) for the period before taxes | 9903 | -€25,168 | -€28,989 | -€3,821 | -15.2% |
| Profit (loss) for the period | 9904 | -€25,168 | -€28,989 | -€3,821 | -15.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,168 | -€28,989 | -€3,821 | -15.2% |
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 28 October 2026 via checked.be.