SKYCAM: 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.
SKYCAM
Largest movements
- Tangible fixed assets +€1.1m
up €1.1m (+65.5%), from €1.7m to €2.7m
of which Land and buildings: +€1.1m
- Stocks and contracts -€510,818
down €510,818 (-45.8%), from €1.1m to €603,491
- Receivables within one year +€67,846
up €67,846 (+12.5%), from €540,894 to €608,740
of which Trade receivables: +€96,356
- Current portion of long-term debt +€350,069
up €350,069 (+406%), from €86,121 to €436,190
- Other debts +€316,365
up €316,365 (+28.1%), from €1.1m to €1.4m
- Financial charges -€52,242
down €52,242 (-41.8%), from €124,985 to €72,742
- Gross operating margin -€25,648
down €25,648 (-10.9%), from €234,676 to €209,028
- Depreciation +€14,845
up €14,845 (+18.2%), from €81,449 to €96,293
- Other operating charges +€3,782
up €3,782 (+52.0%), from €7,277 to €11,059
- Taxes +€2,995
up €2,995 (+29.8%), from €10,039 to €13,034
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 | €3,340,760 | €3,966,693 | +€625,933 | +18.7% |
| Fixed assets | 21/28 | €1,657,675 | €2,742,331 | +€1.1m | +65.4% |
| Tangible fixed assets | 22/27 | €1,657,175 | €2,741,831 | +€1.1m | +65.5% |
| Land and buildings | 22 | €1,657,175 | €2,741,831 | +€1.1m | +65.5% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €1,683,085 | €1,224,362 | -€458,723 | -27.3% |
| Stocks and contracts in progress | 3 | €1,114,309 | €603,491 | -€510,818 | -45.8% |
| Stocks | 30/36 | €1,114,309 | €603,491 | -€510,818 | -45.8% |
| Amounts receivable within one year | 40/41 | €540,894 | €608,740 | +€67,846 | +12.5% |
| Trade receivables | 40 | €5,685 | €102,042 | +€96,356 | +1,695% |
| Other amounts receivable | 41 | €535,208 | €506,698 | -€28,510 | -5.3% |
| Cash at bank and in hand | 54/58 | €11,298 | €7,893 | -€3,405 | -30.1% |
| Deferred charges and accrued income | 490/1 | €16,584 | €4,238 | -€12,347 | -74.4% |
| Total equity and liabilities | 10/49 | €3,340,760 | €3,966,693 | +€625,933 | +18.7% |
| Equity | 10/15 | €159,871 | €185,315 | +€25,444 | +15.9% |
| Contributions | 10/11 | €24,000 | €24,000 | = | 0.0% |
| Reserves | 13 | €135,871 | €161,315 | +€25,444 | +18.7% |
| Distributable reserves | 133 | €135,871 | €161,315 | +€25,444 | +18.7% |
| Amounts payable | 17/49 | €3,180,889 | €3,781,378 | +€600,489 | +18.9% |
| Amounts payable after more than one year | 17 | €1,192,660 | €1,160,115 | -€32,545 | -2.7% |
| Financial debts | 170/4 | €1,192,660 | €1,160,115 | -€32,545 | -2.7% |
| Amounts payable within one year | 42/48 | €1,982,666 | €2,617,978 | +€635,312 | +32.0% |
| Current portion of amounts payable after more than one year | 42 | €86,121 | €436,190 | +€350,069 | +406% |
| Financial debts | 43 | €719,325 | €679,803 | -€39,522 | -5.5% |
| Credit institutions | 430/8 | €719,325 | €679,803 | -€39,522 | -5.5% |
| Trade debts | 44 | €41,190 | €44,806 | +€3,617 | +8.8% |
| Suppliers | 440/4 | €41,190 | €44,806 | +€3,617 | +8.8% |
| Taxes, remuneration and social security | 45 | €11,407 | €16,191 | +€4,783 | +41.9% |
| Taxes | 450/3 | €11,407 | €16,191 | +€4,783 | +41.9% |
| Other amounts payable | 47/48 | €1,124,624 | €1,440,988 | +€316,365 | +28.1% |
| Accrued charges and deferred income | 492/3 | €5,562 | €3,284 | -€2,278 | -41.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,449 | €96,293 | +€14,845 | +18.2% |
| Other operating charges | 640/8 | €7,277 | €11,059 | +€3,782 | +52.0% |
| Gross operating margin | 9900 | €234,676 | €209,028 | -€25,648 | -10.9% |
| Operating profit (loss) | 9901 | €145,951 | €101,676 | -€44,275 | -30.3% |
| Financial income | 75/76B | €9,124 | €9,545 | +€421 | +4.6% |
| Recurring financial income | 75 | €9,124 | €9,545 | +€421 | +4.6% |
| Financial charges | 65/66B | €124,985 | €72,742 | -€52,242 | -41.8% |
| Recurring financial charges | 65 | €124,985 | €72,742 | -€52,242 | -41.8% |
| Profit (loss) for the period before taxes | 9903 | €30,090 | €38,478 | +€8,389 | +27.9% |
| Income taxes | 67/77 | €10,039 | €13,034 | +€2,995 | +29.8% |
| Profit (loss) for the period | 9904 | €20,050 | €25,444 | +€5,394 | +26.9% |
| Profit (loss) for the period to be appropriated | 9905 | €20,050 | €25,444 | +€5,394 | +26.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.