SKY REALTY: 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 REALTY
Largest movements
- Receivables within one year -€13,552
down €13,552 (-92.2%), from €14,702 to €1,150
- Cash -€8,310
down €8,310 (-63.6%), from €13,075 to €4,765
mainly Net result for the year (-€33,556) and Trade debts (-€2,308)
- Tangible fixed assets -€1,168
down €1,168 (-37.8%), from €3,091 to €1,923
of which Land and buildings: -€3,091
- Profit (loss) carried forward -€33,556
down €33,556, from €8,732 to -€24,824
- Tax, wage and social debts +€8,754
up €8,754 (+156%), from €5,612 to €14,366
of which Remuneration and social security: +€12,000
- Other debts +€4,081
up €4,081 (+63.6%), from €6,415 to €10,495
- Trade debts -€2,308
down €2,308 (-29.8%), from €7,759 to €5,450
- Gross operating margin -€44,278
down €44,278, from €12,572 to -€31,707
- Taxes -€2,132
no longer reported in 2024 (was €2,132)
- Depreciation +€756
up €756 (+183%), from €412 to €1,168
- Other operating charges -€685
down €685 (-54.5%), from €1,257 to €571
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31,518 | €8,488 | -€23,030 | -73.1% |
| Fixed assets | 21/28 | €3,741 | €2,573 | -€1,168 | -31.2% |
| Tangible fixed assets | 22/27 | €3,091 | €1,923 | -€1,168 | -37.8% |
| Land and buildings | 22 | €3,091 | - | -€3,091 | |
| Furniture and vehicles | 24 | - | €1,923 | +€1,923 | |
| Financial fixed assets | 28 | €650 | €650 | = | 0.0% |
| Current assets | 29/58 | €27,777 | €5,915 | -€21,862 | -78.7% |
| Amounts receivable within one year | 40/41 | €14,702 | €1,150 | -€13,552 | -92.2% |
| Trade receivables | 40 | €14,702 | €1,150 | -€13,552 | -92.2% |
| Cash at bank and in hand | 54/58 | €13,075 | €4,765 | -€8,310 | -63.6% |
| Total equity and liabilities | 10/49 | €31,518 | €8,488 | -€23,030 | -73.1% |
| Equity | 10/15 | €11,732 | -€21,824 | -€33,556 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,732 | -€24,824 | -€33,556 | |
| Amounts payable | 17/49 | €19,786 | €30,312 | +€10,526 | +53.2% |
| Amounts payable within one year | 42/48 | €19,786 | €30,312 | +€10,526 | +53.2% |
| Trade debts | 44 | €7,759 | €5,450 | -€2,308 | -29.8% |
| Suppliers | 440/4 | €7,759 | €5,450 | -€2,308 | -29.8% |
| Taxes, remuneration and social security | 45 | €5,612 | €14,366 | +€8,754 | +156% |
| Taxes | 450/3 | €5,612 | €2,366 | -€3,246 | -57.8% |
| Remuneration and social security | 454/9 | - | €12,000 | +€12,000 | |
| Other amounts payable | 47/48 | €6,415 | €10,495 | +€4,081 | +63.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €412 | €1,168 | +€756 | +183% |
| Other operating charges | 640/8 | €1,257 | €571 | -€685 | -54.5% |
| Gross operating margin | 9900 | €12,572 | -€31,707 | -€44,278 | |
| Operating profit (loss) | 9901 | €10,903 | -€33,445 | -€44,348 | |
| Financial charges | 65/66B | €38 | €111 | +€72 | +189% |
| Recurring financial charges | 65 | €38 | €111 | +€72 | +189% |
| Profit (loss) for the period before taxes | 9903 | €10,865 | -€33,556 | -€44,421 | |
| Income taxes | 67/77 | €2,132 | - | -€2,132 | |
| Profit (loss) for the period | 9904 | €8,732 | -€33,556 | -€42,289 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,732 | -€33,556 | -€42,289 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.