SKY - LITE: 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 - LITE
Largest movements
- Tangible fixed assets +€45,045
up €45,045 (+729.3%), from €6,177 to €51,222
- Receivables within one year -€39,365
down €39,365 (-24.6%), from €160,029 to €120,664
of which Trade receivables: -€67,318
- Cash -€35,842
down €35,842 (-98.4%), from €36,431 to €590
mainly Investment in fixed assets (net) (-€59,744) and Net result for the year (-€38,508)
- Profit (loss) carried forward -€38,508
down €38,508 (-93.7%), from €41,076 to €2,569
- Debts after one year +€17,589
new in 2025: €17,589
- Tax, wage and social debts -€16,387
down €16,387 (-68.3%), from €24,000 to €7,614
- Current portion of long-term debt +€7,221
new in 2025: €7,221
- Gross operating margin -€41,618
down €41,618, from €19,391 to -€22,226
- Depreciation +€11,541
up €11,541 (+365.5%), from €3,158 to €14,699
- Taxes -€4,938
down €4,938 (-96.4%), from €5,122 to €184
- Other operating charges +€2,051
up €2,051 (+109.9%), from €1,867 to €3,918
- Financial income +€459
up €459 (+9.5%), from €4,841 to €5,300
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 | €220,471 | €190,470 | -€30,001 | -13.6% |
| Fixed assets | 21/28 | €6,177 | €51,222 | +€45,045 | +729.3% |
| Tangible fixed assets | 22/27 | €6,177 | €51,222 | +€45,045 | +729.3% |
| Furniture and vehicles | 24 | €6,177 | €51,222 | +€45,045 | +729.3% |
| Current assets | 29/58 | €214,295 | €139,248 | -€75,047 | -35.0% |
| Stocks and contracts in progress | 3 | €12,694 | €12,694 | = | 0.0% |
| Stocks | 30/36 | €12,694 | €12,694 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €160,029 | €120,664 | -€39,365 | -24.6% |
| Trade receivables | 40 | €78,852 | €11,534 | -€67,318 | -85.4% |
| Other amounts receivable | 41 | €81,177 | €109,130 | +€27,953 | +34.4% |
| Cash at bank and in hand | 54/58 | €36,431 | €590 | -€35,842 | -98.4% |
| Deferred charges and accrued income | 490/1 | €5,141 | €5,300 | +€159 | +3.1% |
| Total equity and liabilities | 10/49 | €220,471 | €190,470 | -€30,001 | -13.6% |
| Equity | 10/15 | €180,009 | €141,501 | -€38,508 | -21.4% |
| Contributions | 10/11 | €19,400 | €19,400 | = | 0.0% |
| Reserves | 13 | €119,533 | €119,533 | = | 0.0% |
| Distributable reserves | 133 | €119,533 | €119,533 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,076 | €2,569 | -€38,508 | -93.7% |
| Amounts payable | 17/49 | €40,462 | €48,969 | +€8,507 | +21.0% |
| Amounts payable after more than one year | 17 | - | €17,589 | +€17,589 | |
| Financial debts | 170/4 | - | €17,589 | +€17,589 | |
| Amounts payable within one year | 42/48 | €40,462 | €31,379 | -€9,083 | -22.4% |
| Current portion of amounts payable after more than one year | 42 | - | €7,221 | +€7,221 | |
| Financial debts | 43 | - | €27 | +€27 | |
| Credit institutions | 430/8 | - | €27 | +€27 | |
| Trade debts | 44 | €3,506 | €3,563 | +€57 | +1.6% |
| Suppliers | 440/4 | €3,506 | €3,563 | +€57 | +1.6% |
| Taxes, remuneration and social security | 45 | €24,000 | €7,614 | -€16,387 | -68.3% |
| Taxes | 450/3 | €24,000 | €7,614 | -€16,387 | -68.3% |
| Other amounts payable | 47/48 | €12,956 | €12,956 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,158 | €14,699 | +€11,541 | +365.5% |
| Other operating charges | 640/8 | €1,867 | €3,918 | +€2,051 | +109.9% |
| Gross operating margin | 9900 | €19,391 | -€22,226 | -€41,618 | |
| Operating profit (loss) | 9901 | €14,367 | -€40,843 | -€55,210 | |
| Financial income | 75/76B | €4,841 | €5,300 | +€459 | +9.5% |
| Recurring financial income | 75 | €4,841 | €5,300 | +€459 | +9.5% |
| Financial charges | 65/66B | €3,181 | €2,781 | -€400 | -12.6% |
| Recurring financial charges | 65 | €3,181 | €2,781 | -€400 | -12.6% |
| Profit (loss) for the period before taxes | 9903 | €16,027 | -€38,324 | -€54,350 | |
| Income taxes | 67/77 | €5,122 | €184 | -€4,938 | -96.4% |
| Profit (loss) for the period | 9904 | €10,905 | -€38,508 | -€49,413 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,905 | -€38,508 | -€49,413 |
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 2 October 2026 via checked.be.