SKY SERVICE: what changed
What changed
SKY SERVICE
NACE 93.129, Activities of other sports clubs
filed annual accounts (NBB)
Net result for the year
-€62,404
2024 · €1.6m-€1.7m
Equity
€2.9m
2024 · €3.0m-€62,404
Cash
€1.4m
2024 · €348,409+€1.1m
Balance sheet total
€5.7m
2024 · €5.2m+€454,533
Largest movements
Assets
- Current investments -€1.5m
down €1.5m (-87.2%), from €1.7m to €214,445
- Cash +€1.1m
up €1.1m (+305%), from €348,409 to €1.4m
mainly Current investments (+€1.5m) and Short-term financial debts (+€835,000)
- Receivables after one year +€670,060
up €670,060 (+191%), from €351,000 to €1.0m
- Stocks and contracts +€191,485
up €191,485 (+62.4%), from €306,674 to €498,159
- Tangible fixed assets -€128,462
down €128,462 (-6.3%), from €2.0m to €1.9m
of which Land and buildings: -€69,272
Equity and liabilities
- Short-term financial debts +€835,000
up €835,000 (+152%), from €550,000 to €1.4m
- Tax, wage and social debts -€294,970
down €294,970 (-90.7%), from €325,138 to €30,168
of which Taxes: -€298,728
- Debts after one year -€99,963
down €99,963 (-9.2%), from €1.1m to €986,768
of which Financial debts: -€99,963
- Profit (loss) carried forward -€62,404
down €62,404 (-19.4%), from €321,388 to €258,984
Income statement
- Gross operating margin -€2.5m
down €2.5m (-87.0%), from €2.8m to €370,263
- Taxes -€774,108
down €774,108 (-99.9%), from €774,990 to €883
- Staff costs +€121,942
up €121,942 (+117%), from €104,494 to €226,436
- Depreciation -€93,354
down €93,354 (-41.6%), from €224,250 to €130,896
- Other operating charges -€52,708
down €52,708 (-68.9%), from €76,483 to €23,775
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€1.6m
Gross operating margin
-€2.5m
Staff costs
-€121,942
Depreciation
+€93,354
Other operating charges
+€52,708
Financial income
-€22,153
Financial charges
+€3,957
Taxes
+€774,108
Result 2025
-€62,404
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€1.1m
Investment
+€1.5m
Financing
+€736,060
Cash 2024
€348,409
From operations (derived)
-€1.1m
Net result for the year
-€62,404
Depreciation
+€130,896
Receivables after one year
-€670,060
Stocks and contracts
-€191,485
Receivables within one year
-€91,868
Deferred charges and accrued income
-€25,097
Trade debts
-€10,094
Tax, wage and social debts
-€294,970
Other debts
+€33,244
Accrued charges and deferred income
+€52,696
Investment (derived)
+€1.5m
Investment in fixed assets (net)
-€2,434
Current investments
+€1.5m
Financing
+€736,060
Debts after one year
-€99,963
Current portion of long-term debt
+€1,023
Short-term financial debts
+€835,000
Cash 2025
€1.4m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,237,655 | €5,692,187 | +€454,533 | +8.7% |
| Fixed assets | 21/28 | €2,035,922 | €1,907,460 | -€128,462 | -6.3% |
| Tangible fixed assets | 22/27 | €2,030,798 | €1,902,336 | -€128,462 | -6.3% |
| Land and buildings | 22 | €1,662,963 | €1,593,690 | -€69,272 | -4.2% |
| Plant, machinery and equipment | 23 | €50,411 | €35,136 | -€15,275 | -30.3% |
| Furniture and vehicles | 24 | €317,424 | €273,510 | -€43,914 | -13.8% |
| Financial fixed assets | 28 | €5,124 | €5,124 | = | 0.0% |
| Current assets | 29/58 | €3,201,733 | €3,784,727 | +€582,995 | +18.2% |
| Amounts receivable after more than one year | 29 | €351,000 | €1,021,060 | +€670,060 | +191% |
| Other amounts receivable | 291 | €351,000 | €1,021,060 | +€670,060 | +191% |
| Stocks and contracts in progress | 3 | €306,674 | €498,159 | +€191,485 | +62.4% |
| Stocks | 30/36 | €306,674 | €498,159 | +€191,485 | +62.4% |
| Amounts receivable within one year | 40/41 | €501,112 | €592,980 | +€91,868 | +18.3% |
| Trade receivables | 40 | €24,218 | €102,103 | +€77,884 | +322% |
| Other amounts receivable | 41 | €476,894 | €490,878 | +€13,984 | +2.9% |
| Current investments | 50/53 | €1,671,230 | €214,445 | -€1.5m | -87.2% |
| Cash at bank and in hand | 54/58 | €348,409 | €1,409,679 | +€1.1m | +305% |
| Deferred charges and accrued income | 490/1 | €23,307 | €48,404 | +€25,097 | +108% |
| Total equity and liabilities | 10/49 | €5,237,655 | €5,692,187 | +€454,533 | +8.7% |
| Equity | 10/15 | €3,009,658 | €2,947,254 | -€62,404 | -2.1% |
| Contributions | 10/11 | €368,129 | €368,129 | = | 0.0% |
| Reserves | 13 | €2,320,141 | €2,320,141 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €13,361 | +€13,361 | |
| Other | 1319 | - | €13,361 | +€13,361 | |
| Distributable reserves | 133 | €2,320,141 | €2,306,779 | -€13,361 | -0.6% |
| Profit (loss) carried forward | 14 | €321,388 | €258,984 | -€62,404 | -19.4% |
| Amounts payable | 17/49 | €2,227,997 | €2,744,933 | +€516,937 | +23.2% |
| Amounts payable after more than one year | 17 | €1,086,730 | €986,768 | -€99,963 | -9.2% |
| Financial debts | 170/4 | €561,730 | €461,768 | -€99,963 | -17.8% |
| Other amounts payable | 178/9 | €525,000 | €525,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,095,570 | €1,659,773 | +€564,203 | +51.5% |
| Current portion of amounts payable after more than one year | 42 | €107,227 | €108,250 | +€1,023 | +1.0% |
| Financial debts | 43 | €550,000 | €1,385,000 | +€835,000 | +152% |
| Credit institutions | 430/8 | €550,000 | €1,385,000 | +€835,000 | +152% |
| Trade debts | 44 | €42,163 | €32,069 | -€10,094 | -23.9% |
| Suppliers | 440/4 | €42,163 | €32,069 | -€10,094 | -23.9% |
| Taxes, remuneration and social security | 45 | €325,138 | €30,168 | -€294,970 | -90.7% |
| Taxes | 450/3 | €320,237 | €21,509 | -€298,728 | -93.3% |
| Remuneration and social security | 454/9 | €4,901 | €8,659 | +€3,758 | +76.7% |
| Other amounts payable | 47/48 | €71,042 | €104,286 | +€33,244 | +46.8% |
| Accrued charges and deferred income | 492/3 | €45,697 | €98,393 | +€52,696 | +115% |
| Remuneration, social security and pensions | 62 | €104,494 | €226,436 | +€121,942 | +117% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €224,250 | €130,896 | -€93,354 | -41.6% |
| Other operating charges | 640/8 | €76,483 | €23,775 | -€52,708 | -68.9% |
| Gross operating margin | 9900 | €2,843,675 | €370,263 | -€2.5m | -87.0% |
| Operating profit (loss) | 9901 | €2,438,448 | -€10,844 | -€2.4m | |
| Financial income | 75/76B | €88,874 | €66,720 | -€22,153 | -24.9% |
| Recurring financial income | 75 | €88,874 | €66,720 | -€22,153 | -24.9% |
| Financial charges | 65/66B | €121,355 | €117,398 | -€3,957 | -3.3% |
| Recurring financial charges | 65 | €121,355 | €111,155 | -€10,200 | -8.4% |
| Non-recurring financial charges | 66B | - | €6,243 | +€6,243 | |
| Profit (loss) for the period before taxes | 9903 | €2,405,967 | -€61,521 | -€2.5m | |
| Income taxes | 67/77 | €774,990 | €883 | -€774,108 | -99.9% |
| Profit (loss) for the period | 9904 | €1,630,977 | -€62,404 | -€1.7m | |
| Profit (loss) for the period to be appropriated | 9905 | €1,630,977 | -€62,404 | -€1.7m |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.