Sky Management: 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 Management
Largest movements
- Current investments +€504,817
up €504,817 (+116.2%), from €434,287 to €939,104
- Cash -€239,007
down €239,007 (-95.7%), from €249,622 to €10,615
mainly Current investments (-€504,817) and Tax, wage and social debts (-€6,701)
- Profit (loss) carried forward +€270,635
up €270,635 (+53.4%), from €506,932 to €777,567
- Financial income +€26,954
up €26,954 (+430.5%), from €6,261 to €33,215
- Staff costs +€12,517
up €12,517 (+48.9%), from €25,591 to €38,108
- Financial charges +€3,727
up €3,727 (+3327.7%), from €112 to €3,839
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 | €684,124 | €951,871 | +€267,747 | +39.1% |
| Current assets | 29/58 | €684,124 | €951,871 | +€267,747 | +39.1% |
| Amounts receivable within one year | 40/41 | - | €1,937 | +€1,937 | |
| Trade receivables | 40 | - | €1,226 | +€1,226 | |
| Other amounts receivable | 41 | - | €711 | +€711 | |
| Current investments | 50/53 | €434,287 | €939,104 | +€504,817 | +116.2% |
| Cash at bank and in hand | 54/58 | €249,622 | €10,615 | -€239,007 | -95.7% |
| Deferred charges and accrued income | 490/1 | €215 | €215 | -€0 | -0.2% |
| Total equity and liabilities | 10/49 | €684,124 | €951,871 | +€267,747 | +39.1% |
| Equity | 10/15 | €526,932 | €797,567 | +€270,635 | +51.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €506,932 | €777,567 | +€270,635 | +53.4% |
| Amounts payable | 17/49 | €157,192 | €154,304 | -€2,888 | -1.8% |
| Amounts payable within one year | 42/48 | €157,192 | €154,304 | -€2,888 | -1.8% |
| Trade debts | 44 | €449 | €4,262 | +€3,813 | +849.2% |
| Suppliers | 440/4 | €449 | €4,262 | +€3,813 | +849.2% |
| Taxes, remuneration and social security | 45 | €156,743 | €150,042 | -€6,701 | -4.3% |
| Taxes | 450/3 | €125,578 | €120,128 | -€5,450 | -4.3% |
| Remuneration and social security | 454/9 | €31,165 | €29,914 | -€1,251 | -4.0% |
| Remuneration, social security and pensions | 62 | €25,591 | €38,108 | +€12,517 | +48.9% |
| Other operating charges | 640/8 | €201 | €205 | +€4 | +2.0% |
| Gross operating margin | 9900 | €355,338 | €355,574 | +€236 | +0.1% |
| Operating profit (loss) | 9901 | €329,546 | €317,262 | -€12,284 | -3.7% |
| Financial income | 75/76B | €6,261 | €33,215 | +€26,954 | +430.5% |
| Recurring financial income | 75 | €6,261 | €33,215 | +€26,954 | +430.5% |
| Financial charges | 65/66B | €112 | €3,839 | +€3,727 | +3327.7% |
| Recurring financial charges | 65 | €112 | €3,839 | +€3,727 | +3327.7% |
| Profit (loss) for the period before taxes | 9903 | €335,695 | €346,637 | +€10,942 | +3.3% |
| Income taxes | 67/77 | €79,148 | €76,003 | -€3,145 | -4.0% |
| Profit (loss) for the period | 9904 | €256,547 | €270,635 | +€14,088 | +5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €256,547 | €270,635 | +€14,088 | +5.5% |
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 8 October 2026 via checked.be.