SKY LIMITED: 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 LIMITED
Largest movements
- Tangible fixed assets -€34,314
down €34,314 (-6.8%), from €504,106 to €469,792
of which Land and buildings: -€31,214
- Cash -€28,850
down €28,850 (-85.6%), from €33,690 to €4,840
mainly Debts after one year (-€35,767) and Trade debts (-€20,275)
- Debts after one year -€35,767
down €35,767 (-16.8%), from €212,707 to €176,940
- Trade debts -€20,275
down €20,275 (-8.9%), from €227,114 to €206,839
- Profit (loss) carried forward -€7,220
down €7,220 (-32.8%), from €21,980 to €14,760
- Other debts +€5,780
up €5,780 (+33.3%), from €17,368 to €23,148
- Gross operating margin +€36,240
up €36,240 (+209%), from €17,300 to €53,540
- Turnover +€6,550
up €6,550 (+6.2%), from €105,760 to €112,310
- Depreciation +€6,220
up €6,220 (+15.4%), from €40,285 to €46,505
- Financial charges -€3,061
down €3,061 (-33.9%), from €9,040 to €5,979
- Purchases and services +€1,694
up €1,694 (+1.9%), from €88,460 to €90,154
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 | €537,796 | €479,192 | -€58,604 | -10.9% |
| Fixed assets | 21/28 | €504,106 | €469,792 | -€34,314 | -6.8% |
| Tangible fixed assets | 22/27 | €504,106 | €469,792 | -€34,314 | -6.8% |
| Land and buildings | 22 | €501,006 | €469,792 | -€31,214 | -6.2% |
| Furniture and vehicles | 24 | €3,100 | - | -€3,100 | |
| Current assets | 29/58 | €33,690 | €9,400 | -€24,290 | -72.1% |
| Amounts receivable after more than one year | 29 | - | €4,560 | +€4,560 | |
| Trade receivables | 290 | - | €4,560 | +€4,560 | |
| Cash at bank and in hand | 54/58 | €33,690 | €4,840 | -€28,850 | -85.6% |
| Total equity and liabilities | 10/49 | €537,796 | €479,192 | -€58,604 | -10.9% |
| Equity | 10/15 | €42,431 | €35,211 | -€7,220 | -17.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,980 | €14,760 | -€7,220 | -32.8% |
| Amounts payable | 17/49 | €495,365 | €443,981 | -€51,384 | -10.4% |
| Amounts payable after more than one year | 17 | €212,707 | €176,940 | -€35,767 | -16.8% |
| Financial debts | 170/4 | €212,707 | €176,940 | -€35,767 | -16.8% |
| Amounts payable within one year | 42/48 | €282,658 | €267,041 | -€15,617 | -5.5% |
| Current portion of amounts payable after more than one year | 42 | €38,176 | €37,054 | -€1,122 | -2.9% |
| Trade debts | 44 | €227,114 | €206,839 | -€20,275 | -8.9% |
| Suppliers | 440/4 | €227,114 | €206,839 | -€20,275 | -8.9% |
| Other amounts payable | 47/48 | €17,368 | €23,148 | +€5,780 | +33.3% |
| Turnover | 70 | €105,760 | €112,310 | +€6,550 | +6.2% |
| Non-recurring operating income | 76A | - | €31,384 | +€31,384 | |
| Goods, raw materials, services and sundry goods | 60/61 | €88,460 | €90,154 | +€1,694 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,285 | €46,505 | +€6,220 | +15.4% |
| Other operating charges | 640/8 | €6,644 | €8,276 | +€1,632 | +24.6% |
| Gross operating margin | 9900 | €17,300 | €53,540 | +€36,240 | +209% |
| Operating profit (loss) | 9901 | -€29,629 | -€1,241 | +€28,388 | +95.8% |
| Financial charges | 65/66B | €9,040 | €5,979 | -€3,061 | -33.9% |
| Recurring financial charges | 65 | €9,040 | €5,979 | -€3,061 | -33.9% |
| Profit (loss) for the period before taxes | 9903 | -€38,669 | -€7,220 | +€31,449 | +81.3% |
| Profit (loss) for the period | 9904 | -€38,669 | -€7,220 | +€31,449 | +81.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,669 | -€7,220 | +€31,449 | +81.3% |
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 17 October 2026 via checked.be.