SKYE SHIPPING: 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 SHIPPING
Largest movements
- Tangible fixed assets -€293,335
down €293,335 (-8.0%), from €3.7m to €3.4m
- Receivables after one year +€110,000
up €110,000 (+275.0%), from €40,000 to €150,000
- Receivables within one year +€58,732
up €58,732 (+47.5%), from €123,726 to €182,458
of which Trade receivables: +€40,545
- Debts after one year -€270,000
down €270,000 (-14.3%), from €1.9m to €1.6m
- Accrued charges and deferred income +€100,000
new in 2025: €100,000
- Trade debts -€69,351
down €69,351 (-98.0%), from €70,791 to €1,440
- Tax, wage and social debts +€57,070
up €57,070 (+110.0%), from €51,863 to €108,933
- Reserves +€40,792
up €40,792 (+4.9%), from €835,266 to €876,058
of which Distributable reserves: +€103,042
- Gross operating margin +€11,047
up €11,047 (+2.7%), from €409,901 to €420,948
- Financial charges -€5,930
down €5,930 (-11.4%), from €52,106 to €46,176
- Financial income +€4,785
up €4,785, from €0 to €4,785
of which Financial income: +€4,785
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 | €3,931,781 | €3,767,918 | -€163,863 | -4.2% |
| Fixed assets | 21/28 | €3,686,370 | €3,393,034 | -€293,335 | -8.0% |
| Tangible fixed assets | 22/27 | €3,686,370 | €3,393,034 | -€293,335 | -8.0% |
| Furniture and vehicles | 24 | €3,686,370 | €3,393,034 | -€293,335 | -8.0% |
| Current assets | 29/58 | €245,412 | €374,884 | +€129,472 | +52.8% |
| Amounts receivable after more than one year | 29 | €40,000 | €150,000 | +€110,000 | +275.0% |
| Other amounts receivable | 291 | €40,000 | €150,000 | +€110,000 | +275.0% |
| Amounts receivable within one year | 40/41 | €123,726 | €182,458 | +€58,732 | +47.5% |
| Trade receivables | 40 | €75,534 | €116,079 | +€40,545 | +53.7% |
| Other amounts receivable | 41 | €48,192 | €66,379 | +€18,187 | +37.7% |
| Cash at bank and in hand | 54/58 | €81,685 | €42,426 | -€39,260 | -48.1% |
| Total equity and liabilities | 10/49 | €3,931,781 | €3,767,918 | -€163,863 | -4.2% |
| Equity | 10/15 | €873,761 | €914,554 | +€40,792 | +4.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €835,266 | €876,058 | +€40,792 | +4.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €756,475 | €694,225 | -€62,250 | -8.2% |
| Distributable reserves | 133 | €76,931 | €179,973 | +€103,042 | +133.9% |
| Profit (loss) carried forward | 14 | €19,896 | €19,896 | = | 0.0% |
| Provisions and deferred taxes | 16 | €249,000 | €228,250 | -€20,750 | -8.3% |
| Deferred taxes | 168 | €249,000 | €228,250 | -€20,750 | -8.3% |
| Amounts payable | 17/49 | €2,809,020 | €2,625,115 | -€183,905 | -6.5% |
| Amounts payable after more than one year | 17 | €1,890,000 | €1,620,000 | -€270,000 | -14.3% |
| Financial debts | 170/4 | €1,890,000 | €1,620,000 | -€270,000 | -14.3% |
| Amounts payable within one year | 42/48 | €919,020 | €905,115 | -€13,905 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | €270,000 | €270,000 | = | 0.0% |
| Financial debts | 43 | €155,264 | €136,111 | -€19,153 | -12.3% |
| Other loans | 439 | €155,264 | €136,111 | -€19,153 | -12.3% |
| Trade debts | 44 | €70,791 | €1,440 | -€69,351 | -98.0% |
| Suppliers | 440/4 | €70,791 | €1,440 | -€69,351 | -98.0% |
| Taxes, remuneration and social security | 45 | €51,863 | €108,933 | +€57,070 | +110.0% |
| Taxes | 450/3 | €51,863 | €108,933 | +€57,070 | +110.0% |
| Other amounts payable | 47/48 | €371,102 | €388,630 | +€17,529 | +4.7% |
| Accrued charges and deferred income | 492/3 | - | €100,000 | +€100,000 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €294,379 | €294,557 | +€179 | +0.1% |
| Other operating charges | 640/8 | €11,953 | €8,060 | -€3,893 | -32.6% |
| Gross operating margin | 9900 | €409,901 | €420,948 | +€11,047 | +2.7% |
| Operating profit (loss) | 9901 | €103,569 | €118,330 | +€14,761 | +14.3% |
| Financial income | 75/76B | €0 | €4,785 | +€4,785 | |
| Recurring financial income | 75 | €0 | €4,785 | +€4,785 | |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €52,106 | €46,176 | -€5,930 | -11.4% |
| Recurring financial charges | 65 | €52,106 | €46,176 | -€5,930 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | €51,463 | €76,939 | +€25,476 | +49.5% |
| Transfer from deferred taxes | 780 | €20,750 | €20,750 | = | 0.0% |
| Income taxes | 67/77 | €57,532 | €56,897 | -€635 | -1.1% |
| Profit (loss) for the period | 9904 | €14,681 | €40,792 | +€26,111 | +177.9% |
| Transfer from tax-exempt reserves | 789 | €62,250 | €62,250 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €76,931 | €103,042 | +€26,111 | +33.9% |
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 10 October 2026 via checked.be.