SKYFALL: 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.
SKYFALL
Largest movements
- Tangible fixed assets -€21,885
down €21,885 (-37.6%), from €58,190 to €36,305
- Receivables within one year +€14,550
up €14,550 (+3,502%), from €415 to €14,966
- Cash +€14,113
up €14,113 (+162%), from €8,696 to €22,809
mainly Other debts (+€41,862) and Depreciation (+€18,209)
- Other debts +€41,862
up €41,862 (+12.8%), from €326,982 to €368,844
- Trade debts -€14,105
down €14,105 (-71.9%), from €19,611 to €5,506
- Profit (loss) carried forward -€10,170
down €10,170 (-3.2%), from -€316,561 to -€326,731
- Tax, wage and social debts -€6,221
down €6,221 (-35.6%), from €17,457 to €11,237
of which Remuneration and social security: -€5,815
- Advances received -€2,885
no longer reported in 2025 (was €2,885)
- Staff costs -€31,691
down €31,691 (-50.8%), from €62,361 to €30,669
- Gross operating margin -€11,953
down €11,953 (-18.2%), from €65,587 to €53,634
- Depreciation -€5,729
down €5,729 (-23.9%), from €23,938 to €18,209
- Financial charges +€5,480
up €5,480 (+221%), from €2,479 to €7,958
of which Non-recurring financial charges: +€5,551
- Other operating charges +€5,328
up €5,328 (+325%), from €1,639 to €6,967
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 | €74,130 | €81,009 | +€6,879 | +9.3% |
| Fixed assets | 21/28 | €59,057 | €37,171 | -€21,885 | -37.1% |
| Tangible fixed assets | 22/27 | €58,190 | €36,305 | -€21,885 | -37.6% |
| Land and buildings | 22 | €11,935 | €8,524 | -€3,411 | -28.6% |
| Plant, machinery and equipment | 23 | €13,733 | €4,444 | -€9,288 | -67.6% |
| Furniture and vehicles | 24 | €310 | €2,321 | +€2,012 | +650% |
| Leasing and similar rights | 25 | €4,132 | - | -€4,132 | |
| Other tangible fixed assets | 26 | €28,081 | €21,016 | -€7,066 | -25.2% |
| Financial fixed assets | 28 | €866 | €866 | = | 0.0% |
| Current assets | 29/58 | €15,074 | €43,837 | +€28,764 | +191% |
| Stocks and contracts in progress | 3 | €5,415 | €5,415 | = | 0.0% |
| Stocks | 30/36 | €5,415 | €5,415 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €415 | €14,966 | +€14,550 | +3,502% |
| Other amounts receivable | 41 | €415 | €14,966 | +€14,550 | +3,502% |
| Cash at bank and in hand | 54/58 | €8,696 | €22,809 | +€14,113 | +162% |
| Deferred charges and accrued income | 490/1 | €547 | €648 | +€100 | +18.3% |
| Total equity and liabilities | 10/49 | €74,130 | €81,009 | +€6,879 | +9.3% |
| Equity | 10/15 | -€297,961 | -€308,131 | -€10,170 | -3.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€316,561 | -€326,731 | -€10,170 | -3.2% |
| Amounts payable | 17/49 | €372,091 | €389,140 | +€17,048 | +4.6% |
| Amounts payable within one year | 42/48 | €372,091 | €389,140 | +€17,048 | +4.6% |
| Current portion of amounts payable after more than one year | 42 | €5,156 | €3,553 | -€1,604 | -31.1% |
| Trade debts | 44 | €19,611 | €5,506 | -€14,105 | -71.9% |
| Suppliers | 440/4 | €19,611 | €5,506 | -€14,105 | -71.9% |
| Advances received on contracts in progress | 46 | €2,885 | - | -€2,885 | |
| Taxes, remuneration and social security | 45 | €17,457 | €11,237 | -€6,221 | -35.6% |
| Taxes | 450/3 | €2,818 | €2,413 | -€406 | -14.4% |
| Remuneration and social security | 454/9 | €14,639 | €8,824 | -€5,815 | -39.7% |
| Other amounts payable | 47/48 | €326,982 | €368,844 | +€41,862 | +12.8% |
| Remuneration, social security and pensions | 62 | €62,361 | €30,669 | -€31,691 | -50.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,938 | €18,209 | -€5,729 | -23.9% |
| Other operating charges | 640/8 | €1,639 | €6,967 | +€5,328 | +325% |
| Gross operating margin | 9900 | €65,587 | €53,634 | -€11,953 | -18.2% |
| Operating profit (loss) | 9901 | -€22,351 | -€2,211 | +€20,139 | +90.1% |
| Financial income | 75/76B | €5 | €0 | -€5 | -99.8% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -99.8% |
| Financial charges | 65/66B | €2,479 | €7,958 | +€5,480 | +221% |
| Recurring financial charges | 65 | €2,479 | €2,407 | -€71 | -2.9% |
| Non-recurring financial charges | 66B | - | €5,551 | +€5,551 | |
| Profit (loss) for the period before taxes | 9903 | -€24,824 | -€10,170 | +€14,654 | +59.0% |
| Income taxes | 67/77 | €140 | - | -€140 | |
| Profit (loss) for the period | 9904 | -€24,964 | -€10,170 | +€14,794 | +59.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,964 | -€10,170 | +€14,794 | +59.3% |
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.