SKY LINE: what changed
Two fiscal 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 LINE
Largest movements
- Tangible fixed assets -€8,858
down €8,858 (-37.2%), from €23,816 to €14,959
- Receivables within one year +€4,739
new in 2025: €4,739
- Stocks and contracts -€2,451
down €2,451 (-30.5%), from €8,031 to €5,581
- Cash +€950
up €950 (+29.6%), from €3,208 to €4,158
mainly Depreciation (+€8,858) and Net result for the year (+€3,710)
- Other debts -€12,803
down €12,803 (-33.3%), from €38,466 to €25,663
- Profit (loss) carried forward +€3,710
up €3,710 (+16.6%), from -€22,324 to -€18,614
- Tax, wage and social debts +€3,221
up €3,221 (+126.4%), from €2,548 to €5,769
- Trade debts +€637
up €637 (+45.1%), from €1,412 to €2,049
- Gross operating margin +€13,472
up €13,472 (+159.7%), from €8,437 to €21,910
- Taxes +€6,307
up €6,307 (+525.9%), from €1,199 to €7,506
- Depreciation +€6,099
up €6,099 (+221.1%), from €2,759 to €8,858
- Other operating charges -€523
down €523 (-33.0%), from €1,585 to €1,062
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 | €38,693 | €33,459 | -€5,234 | -13.5% |
| Fixed assets | 21/28 | €26,395 | €17,537 | -€8,858 | -33.6% |
| Tangible fixed assets | 22/27 | €23,816 | €14,959 | -€8,858 | -37.2% |
| Furniture and vehicles | 24 | €23,816 | €14,959 | -€8,858 | -37.2% |
| Financial fixed assets | 28 | €2,579 | €2,579 | = | 0.0% |
| Current assets | 29/58 | €12,298 | €15,922 | +€3,624 | +29.5% |
| Stocks and contracts in progress | 3 | €8,031 | €5,581 | -€2,451 | -30.5% |
| Stocks | 30/36 | €8,031 | €5,581 | -€2,451 | -30.5% |
| Amounts receivable within one year | 40/41 | - | €4,739 | +€4,739 | |
| Other amounts receivable | 41 | - | €4,739 | +€4,739 | |
| Cash at bank and in hand | 54/58 | €3,208 | €4,158 | +€950 | +29.6% |
| Deferred charges and accrued income | 490/1 | €1,059 | €1,444 | +€384 | +36.3% |
| Total equity and liabilities | 10/49 | €38,693 | €33,459 | -€5,234 | -13.5% |
| Equity | 10/15 | -€3,732 | -€22 | +€3,710 | +99.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,324 | -€18,614 | +€3,710 | +16.6% |
| Amounts payable | 17/49 | €42,425 | €33,481 | -€8,944 | -21.1% |
| Amounts payable within one year | 42/48 | €42,425 | €33,481 | -€8,944 | -21.1% |
| Trade debts | 44 | €1,412 | €2,049 | +€637 | +45.1% |
| Suppliers | 440/4 | €1,412 | €2,049 | +€637 | +45.1% |
| Taxes, remuneration and social security | 45 | €2,548 | €5,769 | +€3,221 | +126.4% |
| Taxes | 450/3 | €2,548 | €5,769 | +€3,221 | +126.4% |
| Other amounts payable | 47/48 | €38,466 | €25,663 | -€12,803 | -33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,759 | €8,858 | +€6,099 | +221.1% |
| Other operating charges | 640/8 | €1,585 | €1,062 | -€523 | -33.0% |
| Non-recurring operating charges | 66A | €58 | €564 | +€506 | +871.8% |
| Gross operating margin | 9900 | €8,437 | €21,910 | +€13,472 | +159.7% |
| Operating profit (loss) | 9901 | €4,035 | €11,426 | +€7,391 | +183.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €288 | €210 | -€78 | -27.1% |
| Recurring financial charges | 65 | €288 | €210 | -€78 | -27.1% |
| Profit (loss) for the period before taxes | 9903 | €3,747 | €11,216 | +€7,469 | +199.3% |
| Income taxes | 67/77 | €1,199 | €7,506 | +€6,307 | +525.9% |
| Profit (loss) for the period | 9904 | €2,548 | €3,710 | +€1,163 | +45.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,548 | €3,710 | +€1,163 | +45.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.