Skye: 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.
Skye
Largest movements
- Current investments +€787,101
up €787,101 (+17.4%), from €4.5m to €5.3m
- Cash +€325,601
up €325,601 (+212.9%), from €152,920 to €478,521
mainly Net result for the year (+€1.0m) and Other debts (+€272,400)
- Receivables after one year -€200,000
down €200,000 (-8.3%), from €2.4m to €2.2m
- Receivables within one year -€130,079
down €130,079 (-37.5%), from €347,280 to €217,202
of which Other amounts receivable: -€146,442
- Tangible fixed assets -€121,323
down €121,323 (-3.2%), from €3.8m to €3.7m
of which Land and buildings: -€97,273
- Reserves +€440,711
up €440,711 (+4.3%), from €10.3m to €10.7m
of which Distributable reserves: +€440,711
- Other debts +€272,400
up €272,400 (+82.9%), from €328,679 to €601,079
- Financial income +€1.2m
up €1.2m (+385.2%), from €309,416 to €1.5m
of which Non-recurring financial income: +€1.1m
- Taxes +€110,139
up €110,139 (+4974.8%), from €2,214 to €112,353
- Financial charges +€16,962
up €16,962, from -€407 to €16,556
- Depreciation +€16,194
up €16,194 (+8.0%), from €203,308 to €219,502
- Other operating charges +€11,485
up €11,485 (+62.2%), from €18,474 to €29,959
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.
Cash bridge derived
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 | €11,332,141 | €11,989,184 | +€657,043 | +5.8% |
| Fixed assets | 21/28 | €3,832,056 | €3,722,976 | -€109,080 | -2.8% |
| Intangible fixed assets | 21 | - | €12,243 | +€12,243 | |
| Tangible fixed assets | 22/27 | €3,832,056 | €3,710,732 | -€121,323 | -3.2% |
| Land and buildings | 22 | €3,694,059 | €3,596,786 | -€97,273 | -2.6% |
| Plant, machinery and equipment | 23 | €3,261 | €6,061 | +€2,800 | +85.9% |
| Furniture and vehicles | 24 | €126,238 | €101,519 | -€24,719 | -19.6% |
| Other tangible fixed assets | 26 | €8,498 | €6,366 | -€2,132 | -25.1% |
| Current assets | 29/58 | €7,500,085 | €8,266,208 | +€766,123 | +10.2% |
| Amounts receivable after more than one year | 29 | €2,400,000 | €2,200,000 | -€200,000 | -8.3% |
| Other amounts receivable | 291 | €2,400,000 | €2,200,000 | -€200,000 | -8.3% |
| Amounts receivable within one year | 40/41 | €347,280 | €217,202 | -€130,079 | -37.5% |
| Trade receivables | 40 | €525 | €16,889 | +€16,364 | +3114.3% |
| Other amounts receivable | 41 | €346,755 | €200,312 | -€146,442 | -42.2% |
| Current investments | 50/53 | €4,523,262 | €5,310,363 | +€787,101 | +17.4% |
| Cash at bank and in hand | 54/58 | €152,920 | €478,521 | +€325,601 | +212.9% |
| Deferred charges and accrued income | 490/1 | €76,623 | €60,123 | -€16,500 | -21.5% |
| Total equity and liabilities | 10/49 | €11,332,141 | €11,989,184 | +€657,043 | +5.8% |
| Equity | 10/15 | €10,314,681 | €10,755,392 | +€440,711 | +4.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €10,253,181 | €10,693,892 | +€440,711 | +4.3% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €396 | €396 | = | 0.0% |
| Distributable reserves | 133 | €10,246,636 | €10,687,347 | +€440,711 | +4.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,017,459 | €1,233,792 | +€216,332 | +21.3% |
| Amounts payable after more than one year | 17 | €565,173 | €466,897 | -€98,276 | -17.4% |
| Financial debts | 170/4 | €565,173 | €466,897 | -€98,276 | -17.4% |
| Amounts payable within one year | 42/48 | €445,030 | €738,668 | +€293,639 | +66.0% |
| Current portion of amounts payable after more than one year | 42 | €114,970 | €98,276 | -€16,694 | -14.5% |
| Trade debts | 44 | €1,381 | €2,920 | +€1,539 | +111.5% |
| Suppliers | 440/4 | €1,381 | €2,920 | +€1,539 | +111.5% |
| Advances received on contracts in progress | 46 | - | €1,514 | +€1,514 | |
| Taxes, remuneration and social security | 45 | - | €34,880 | +€34,880 | |
| Taxes | 450/3 | - | €34,880 | +€34,880 | |
| Other amounts payable | 47/48 | €328,679 | €601,079 | +€272,400 | +82.9% |
| Accrued charges and deferred income | 492/3 | €7,256 | €28,226 | +€20,970 | +289.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €203,308 | €219,502 | +€16,194 | +8.0% |
| Other operating charges | 640/8 | €18,474 | €29,959 | +€11,485 | +62.2% |
| Gross operating margin | 9900 | -€100,755 | -€89,985 | +€10,770 | +10.7% |
| Operating profit (loss) | 9901 | -€322,537 | -€339,446 | -€16,909 | -5.2% |
| Financial income | 75/76B | €309,416 | €1,501,427 | +€1.2m | +385.2% |
| Recurring financial income | 75 | €195,301 | €301,935 | +€106,634 | +54.6% |
| Non-recurring financial income | 76B | €114,115 | €1,199,492 | +€1.1m | +951.1% |
| Financial charges | 65/66B | -€407 | €16,556 | +€16,962 | |
| Recurring financial charges | 65 | -€407 | €16,556 | +€16,962 | |
| Profit (loss) for the period before taxes | 9903 | -€12,715 | €1,145,425 | +€1.2m | |
| Income taxes | 67/77 | €2,214 | €112,353 | +€110,139 | +4974.8% |
| Profit (loss) for the period | 9904 | -€14,929 | €1,033,073 | +€1.0m | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,929 | €1,033,073 | +€1.0m |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.