Skybova: 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.
Skybova
Largest movements
- Receivables within one year +€64,439
up €64,439 (+1,495%), from €4,311 to €68,749
of which Other amounts receivable: +€36,445
- Stocks and contracts -€13,035
down €13,035 (-39.7%), from €32,800 to €19,766
- Cash -€7,910
down €7,910 (-34.3%), from €23,054 to €15,144
mainly Receivables within one year (-€64,439) and Contributions, distributions and other (-€60,000)
- Deferred charges and accrued income +€7,871
up €7,871 (+259%), from €3,040 to €10,911
- Other debts +€43,661
up €43,661 (+121%), from €36,036 to €79,698
- Profit (loss) carried forward +€14,778
no longer reported in 2025 (was -€14,778)
- Debts after one year -€8,736
down €8,736 (-24.8%), from €35,180 to €26,444
- Reserves +€8,711
up €8,711 (+82.8%), from €10,516 to €19,227
of which Distributable reserves: +€8,711
- Tax, wage and social debts -€5,370
down €5,370 (-74.9%), from €7,168 to €1,797
of which Taxes: -€2,764
- Staff costs -€50,780
down €50,780, from €47,735 to -€3,045
- Gross operating margin +€11,393
up €11,393 (+12.7%), from €89,629 to €101,022
- Depreciation +€4,483
up €4,483 (+57.9%), from €7,747 to €12,231
- Financial charges +€2,197
up €2,197 (+245%), from €899 to €3,096
- Taxes +€1,604
new in 2025: €1,604
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.
Derived cash bridge
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 | €143,752 | €194,069 | +€50,317 | +35.0% |
| Fixed assets | 21/28 | €80,547 | €79,499 | -€1,048 | -1.3% |
| Intangible fixed assets | 21 | €521 | - | -€521 | |
| Tangible fixed assets | 22/27 | €70,810 | €70,282 | -€527 | -0.7% |
| Plant, machinery and equipment | 23 | €18,947 | €15,011 | -€3,936 | -20.8% |
| Furniture and vehicles | 24 | €4,388 | €13,728 | +€9,339 | +213% |
| Other tangible fixed assets | 26 | €47,474 | €41,544 | -€5,930 | -12.5% |
| Financial fixed assets | 28 | €9,217 | €9,217 | = | 0.0% |
| Current assets | 29/58 | €63,204 | €114,569 | +€51,365 | +81.3% |
| Stocks and contracts in progress | 3 | €32,800 | €19,766 | -€13,035 | -39.7% |
| Stocks | 30/36 | €32,800 | €19,766 | -€13,035 | -39.7% |
| Amounts receivable within one year | 40/41 | €4,311 | €68,749 | +€64,439 | +1,495% |
| Trade receivables | 40 | - | €27,993 | +€27,993 | |
| Other amounts receivable | 41 | €4,311 | €40,756 | +€36,445 | +845% |
| Cash at bank and in hand | 54/58 | €23,054 | €15,144 | -€7,910 | -34.3% |
| Deferred charges and accrued income | 490/1 | €3,040 | €10,911 | +€7,871 | +259% |
| Total equity and liabilities | 10/49 | €143,752 | €194,069 | +€50,317 | +35.0% |
| Equity | 10/15 | €16,737 | €40,227 | +€23,490 | +140% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | €10,516 | €19,227 | +€8,711 | +82.8% |
| Tax-exempt reserves | 132 | €516 | €516 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €18,711 | +€8,711 | +87.1% |
| Profit (loss) carried forward | 14 | -€14,778 | - | +€14,778 | |
| Amounts payable | 17/49 | €127,014 | €153,842 | +€26,827 | +21.1% |
| Amounts payable after more than one year | 17 | €35,180 | €26,444 | -€8,736 | -24.8% |
| Financial debts | 170/4 | €35,180 | €26,444 | -€8,736 | -24.8% |
| Amounts payable within one year | 42/48 | €91,834 | €127,398 | +€35,563 | +38.7% |
| Current portion of amounts payable after more than one year | 42 | €12,941 | €13,236 | +€295 | +2.3% |
| Trade debts | 44 | €35,689 | €32,667 | -€3,022 | -8.5% |
| Suppliers | 440/4 | €35,689 | €32,667 | -€3,022 | -8.5% |
| Taxes, remuneration and social security | 45 | €7,168 | €1,797 | -€5,370 | -74.9% |
| Taxes | 450/3 | €4,562 | €1,797 | -€2,764 | -60.6% |
| Remuneration and social security | 454/9 | €2,606 | - | -€2,606 | |
| Other amounts payable | 47/48 | €36,036 | €79,698 | +€43,661 | +121% |
| Remuneration, social security and pensions | 62 | €47,735 | -€3,045 | -€50,780 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,747 | €12,231 | +€4,483 | +57.9% |
| Other operating charges | 640/8 | €4,245 | €3,296 | -€949 | -22.4% |
| Non-recurring operating charges | 66A | - | €521 | +€521 | |
| Gross operating margin | 9900 | €89,629 | €101,022 | +€11,393 | +12.7% |
| Operating profit (loss) | 9901 | €29,901 | €88,019 | +€58,118 | +194% |
| Financial income | 75/76B | €92 | €170 | +€77 | +83.7% |
| Recurring financial income | 75 | €92 | €170 | +€77 | +83.7% |
| Financial charges | 65/66B | €899 | €3,096 | +€2,197 | +245% |
| Recurring financial charges | 65 | €899 | €3,096 | +€2,197 | +245% |
| Profit (loss) for the period before taxes | 9903 | €29,095 | €85,093 | +€55,998 | +192% |
| Income taxes | 67/77 | - | €1,604 | +€1,604 | |
| Profit (loss) for the period | 9904 | €29,095 | €83,490 | +€54,395 | +187% |
| Profit (loss) for the period to be appropriated | 9905 | €29,095 | €83,490 | +€54,395 | +187% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.