SKYFISH: 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.
SKYFISH
Largest movements
- Current investments -€55,000
down €55,000 (-68.8%), from €80,000 to €25,000
- Receivables within one year -€11,497
down €11,497 (-29.3%), from €39,198 to €27,701
of which Trade receivables: -€13,000
- Trade debts -€51,912
down €51,912 (-93.3%), from €55,658 to €3,747
- Reserves -€7,691
down €7,691 (-1.2%), from €623,613 to €615,922
of which Distributable reserves: -€7,691
- Gross operating margin +€9,350
up €9,350 (+103%), from €9,098 to €18,448
- Depreciation +€6,995
up €6,995 (+39.0%), from €17,949 to €24,944
- Financial income -€1,327
down €1,327 (-61.4%), from €2,161 to €834
- Other operating charges +€348
up €348 (+23.0%), from €1,511 to €1,859
- Financial charges -€206
down €206 (-54.8%), from €376 to €170
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 | €695,465 | €631,685 | -€63,780 | -9.2% |
| Fixed assets | 21/28 | €575,690 | €573,224 | -€2,466 | -0.4% |
| Tangible fixed assets | 22/27 | €575,690 | €573,224 | -€2,466 | -0.4% |
| Land and buildings | 22 | €575,690 | €555,676 | -€20,014 | -3.5% |
| Other tangible fixed assets | 26 | - | €17,548 | +€17,548 | |
| Current assets | 29/58 | €119,775 | €58,461 | -€61,314 | -51.2% |
| Amounts receivable within one year | 40/41 | €39,198 | €27,701 | -€11,497 | -29.3% |
| Trade receivables | 40 | €38,553 | €25,553 | -€13,000 | -33.7% |
| Other amounts receivable | 41 | €645 | €2,149 | +€1,503 | +233% |
| Current investments | 50/53 | €80,000 | €25,000 | -€55,000 | -68.8% |
| Cash at bank and in hand | 54/58 | €577 | €5,760 | +€5,183 | +899% |
| Total equity and liabilities | 10/49 | €695,465 | €631,685 | -€63,780 | -9.2% |
| Equity | 10/15 | €629,813 | €622,122 | -€7,691 | -1.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €623,613 | €615,922 | -€7,691 | -1.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €621,753 | €614,062 | -€7,691 | -1.2% |
| Amounts payable | 17/49 | €65,651 | €9,563 | -€56,088 | -85.4% |
| Amounts payable within one year | 42/48 | €65,651 | €9,563 | -€56,088 | -85.4% |
| Trade debts | 44 | €55,658 | €3,747 | -€51,912 | -93.3% |
| Suppliers | 440/4 | €55,658 | €3,747 | -€51,912 | -93.3% |
| Taxes, remuneration and social security | 45 | €6,727 | - | -€6,727 | |
| Taxes | 450/3 | €6,727 | - | -€6,727 | |
| Other amounts payable | 47/48 | €3,266 | €5,816 | +€2,550 | +78.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,949 | €24,944 | +€6,995 | +39.0% |
| Other operating charges | 640/8 | €1,511 | €1,859 | +€348 | +23.0% |
| Gross operating margin | 9900 | €9,098 | €18,448 | +€9,350 | +103% |
| Operating profit (loss) | 9901 | -€10,362 | -€8,355 | +€2,007 | +19.4% |
| Financial income | 75/76B | €2,161 | €834 | -€1,327 | -61.4% |
| Recurring financial income | 75 | €2,161 | €834 | -€1,327 | -61.4% |
| Financial charges | 65/66B | €376 | €170 | -€206 | -54.8% |
| Recurring financial charges | 65 | €376 | €170 | -€206 | -54.8% |
| Profit (loss) for the period before taxes | 9903 | -€8,577 | -€7,691 | +€886 | +10.3% |
| Profit (loss) for the period | 9904 | -€8,577 | -€7,691 | +€886 | +10.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,577 | -€7,691 | +€886 | +10.3% |
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 25 October 2026 via checked.be.