Skip to content

SKYCONSTRUCT: 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.

What changed

SKYCONSTRUCT

BE 0655.987.046
NACE 68.121, Development of residential building projects
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€12,431
2023 · -€41,623+€29,192
Equity
-€6,898
2023 · €5,533-€12,431
Cash
€19,667
2023 · €14,057+€5,610
Balance sheet total
€20,114
2023 · €37,138-€17,024

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€18,924

    no longer reported in 2024 (was €18,924)

  • Cash +€5,610

    up €5,610 (+39.9%), from €14,057 to €19,667

    mainly Investment in fixed assets (net) (+€18,924) and Receivables within one year (+€3,710)

  • Receivables within one year -€3,710

    down €3,710 (-89.3%), from €4,157 to €447

    of which Trade receivables: -€4,157

Equity and liabilities
  • Profit (loss) carried forward -€12,431

    down €12,431 (-83.3%), from -€14,927 to -€27,358

  • Trade debts -€3,663

    down €3,663 (-76.9%), from €4,764 to €1,101

  • Advances received -€540

    no longer reported in 2024 (was €540)

  • Tax, wage and social debts -€390

    no longer reported in 2024 (was €390)

Income statement
  • Gross operating margin +€35,387

    up €35,387 (+96.0%), from -€36,872 to -€1,486

  • Other operating charges -€3,530

    down €3,530 (-86.0%), from €4,107 to €577

  • Depreciation -€636

    no longer reported in 2024 (was €636)

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€41,623
Gross operating margin +€35,387
Depreciation +€636
Other operating charges +€3,530
Other operating items -€10,456
Financial income +€52
Financial charges +€17
Taxes +€26
Result 2024 -€12,431

Cash bridge derived

cash 2023 to 2024

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.

From operations -€13,314
Investment +€18,924
Financing €0
Cash 2023 €14,057
Net result for the year -€12,431
Receivables within one year +€3,710
Trade debts -€3,663
Tax, wage and social debts -€390
Advances received -€540
Investment in fixed assets (net) +€18,924
Cash 2024 €19,667
Every line side by side 39 lines
Line Code 2023 2024 Change %
Total assets 20/58 €37,138 €20,114 -€17,024 -45.8%
Fixed assets 21/28 €18,924 - -€18,924
Tangible fixed assets 22/27 €18,924 - -€18,924
Land and buildings 22 €18,924 - -€18,924
Current assets 29/58 €18,214 €20,114 +€1,900 +10.4%
Amounts receivable within one year 40/41 €4,157 €447 -€3,710 -89.3%
Trade receivables 40 €4,157 - -€4,157
Other amounts receivable 41 - €447 +€447
Cash at bank and in hand 54/58 €14,057 €19,667 +€5,610 +39.9%
Total equity and liabilities 10/49 €37,138 €20,114 -€17,024 -45.8%
Equity 10/15 €5,533 -€6,898 -€12,431
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €1,860 €1,860 = 0.0%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Profit (loss) carried forward 14 -€14,927 -€27,358 -€12,431 -83.3%
Amounts payable 17/49 €31,605 €27,012 -€4,593 -14.5%
Amounts payable after more than one year 17 €25,000 €25,000 = 0.0%
Financial debts 170/4 €25,000 €25,000 = 0.0%
Amounts payable within one year 42/48 €6,605 €2,012 -€4,593 -69.5%
Trade debts 44 €4,764 €1,101 -€3,663 -76.9%
Suppliers 440/4 €4,764 €1,101 -€3,663 -76.9%
Advances received on contracts in progress 46 €540 - -€540
Taxes, remuneration and social security 45 €390 - -€390
Taxes 450/3 €390 - -€390
Other amounts payable 47/48 €911 €911 = 0.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €636 - -€636
Other operating charges 640/8 €4,107 €577 -€3,530 -86.0%
Non-recurring operating charges 66A - €10,456 +€10,456
Gross operating margin 9900 -€36,872 -€1,486 +€35,387 +96.0%
Operating profit (loss) 9901 -€41,616 -€12,519 +€29,097 +69.9%
Financial income 75/76B €86 €138 +€52 +60.6%
Recurring financial income 75 €86 €138 +€52 +60.6%
Financial charges 65/66B €67 €50 -€17 -25.8%
Recurring financial charges 65 €67 €50 -€17 -25.8%
Profit (loss) for the period before taxes 9903 -€41,597 -€12,431 +€29,166 +70.1%
Income taxes 67/77 €26 - -€26
Profit (loss) for the period 9904 -€41,623 -€12,431 +€29,192 +70.1%
Profit (loss) for the period to be appropriated 9905 -€41,623 -€12,431 +€29,192 +70.1%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.