SKYFORCE Cyber Security: 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
SKYFORCE Cyber Security
NACE 62.900, Other information technology and computer services
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€129,058
2024 · €71,055-€200,112
Equity
-€387,206
2024 · -€258,148-€129,058
Cash
€698,735
2024 · €791,810-€93,075
Balance sheet total
€7.4m
2024 · €8.1m-€687,419
Largest movements
Assets
- Tangible fixed assets -€612,067
down €612,067 (-9.5%), from €6.5m to €5.9m
of which Leasing and similar rights: -€385,945
- Cash -€93,075
down €93,075 (-11.8%), from €791,810 to €698,735
mainly Investment in fixed assets (net) (-€2.3m) and Debts after one year (-€411,750)
Equity and liabilities
- Debts after one year -€411,750
down €411,750 (-9.9%), from €4.2m to €3.8m
- Profit (loss) carried forward -€129,058
down €129,058 (-17.0%), from -€758,148 to -€887,206
- Tax, wage and social debts -€128,331
down €128,331 (-26.8%), from €478,929 to €350,599
of which Remuneration and social security: -€130,088
Income statement
- Other operating charges -€482,456
down €482,456 (-35.6%), from €1.4m to €872,150
- Staff costs -€434,350
down €434,350 (-14.9%), from €2.9m to €2.5m
- Services and other goods -€413,791
down €413,791 (-18.4%), from €2.2m to €1.8m
- Goods and materials -€308,617
down €308,617 (-44.9%), from €687,931 to €379,314
of which Purchases: -€416,905
- Turnover +€197,133
up €197,133 (+3.6%), from €5.5m to €5.7m
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.
Result 2024
€71,055
Turnover
+€197,133
Other operating income
+€3,232
Goods and materials
+€308,617
Services and other goods
+€413,791
Staff costs
+€434,350
Depreciation
-€149,918
Write-downs
-€68,724
Other operating charges
+€482,456
Other operating items
-€1.9m
Financial income
+€840
Financial charges
+€1,795
Taxes
+€97,770
Result 2025
-€129,058
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.
From operations
+€2.6m
Investment
-€2.3m
Financing
-€407,468
Cash 2024
€791,810
From operations (derived)
+€2.6m
Net result for the year
-€129,058
Depreciation
+€2.9m
Smaller working-capital items
-€1,097
Receivables within one year
+€11,291
Deferred charges and accrued income
-€33,777
Trade debts
-€22,137
Tax, wage and social debts
-€128,331
Investment (derived)
-€2.3m
Investment in fixed assets (net)
-€2.3m
Financing
-€407,468
Debts after one year
-€411,750
Current portion of long-term debt
+€55,660
Short-term financial debts
-€51,378
Cash 2025
€698,735
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,129,880 | €7,442,460 | -€687,419 | -8.5% |
| Fixed assets | 21/28 | €6,574,224 | €5,956,723 | -€617,501 | -9.4% |
| Intangible fixed assets | 21 | €32,067 | €32,487 | +€421 | +1.3% |
| Tangible fixed assets | 22/27 | €6,466,015 | €5,853,948 | -€612,067 | -9.5% |
| Plant, machinery and equipment | 23 | €1,299,393 | €1,078,556 | -€220,837 | -17.0% |
| Furniture and vehicles | 24 | €8,904 | €3,619 | -€5,285 | -59.4% |
| Leasing and similar rights | 25 | €5,157,717 | €4,771,772 | -€385,945 | -7.5% |
| Financial fixed assets | 28 | €76,142 | €70,288 | -€5,854 | -7.7% |
| Affiliated companies | 280/1 | €40,000 | €40,000 | = | 0.0% |
| Participating interests | 280 | €40,000 | €40,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €36,142 | €30,288 | -€5,854 | -16.2% |
| Amounts receivable and cash guarantees | 285/8 | €36,142 | €30,288 | -€5,854 | -16.2% |
| Current assets | 29/58 | €1,555,656 | €1,485,737 | -€69,919 | -4.5% |
| Stocks and contracts in progress | 3 | €200,000 | €200,671 | +€671 | +0.3% |
| Stocks | 30/36 | €200,000 | €200,671 | +€671 | +0.3% |
| Goods purchased for resale | 34 | €200,000 | €200,671 | +€671 | +0.3% |
| Amounts receivable within one year | 40/41 | €506,907 | €495,616 | -€11,291 | -2.2% |
| Trade receivables | 40 | €247,293 | €273,098 | +€25,805 | +10.4% |
| Other amounts receivable | 41 | €259,614 | €222,518 | -€37,095 | -14.3% |
| Cash at bank and in hand | 54/58 | €791,810 | €698,735 | -€93,075 | -11.8% |
| Deferred charges and accrued income | 490/1 | €56,939 | €90,715 | +€33,777 | +59.3% |
| Total equity and liabilities | 10/49 | €8,129,880 | €7,442,460 | -€687,419 | -8.5% |
| Equity | 10/15 | -€258,148 | -€387,206 | -€129,058 | -50.0% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€758,148 | -€887,206 | -€129,058 | -17.0% |
| Amounts payable | 17/49 | €8,388,028 | €7,829,666 | -€558,362 | -6.7% |
| Amounts payable after more than one year | 17 | €4,173,620 | €3,761,870 | -€411,750 | -9.9% |
| Financial debts | 170/4 | €4,173,620 | €3,761,870 | -€411,750 | -9.9% |
| Subordinated loans | 170 | €1,672,420 | €1,672,420 | = | 0.0% |
| Leasing and similar obligations | 172 | €2,501,200 | €2,089,450 | -€411,750 | -16.5% |
| Amounts payable within one year | 42/48 | €4,113,860 | €3,967,249 | -€146,612 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | €2,587,891 | €2,643,551 | +€55,660 | +2.2% |
| Financial debts | 43 | €864,983 | €813,605 | -€51,378 | -5.9% |
| Credit institutions | 430/8 | €864,983 | €813,605 | -€51,378 | -5.9% |
| Trade debts | 44 | €180,010 | €157,873 | -€22,137 | -12.3% |
| Suppliers | 440/4 | €180,010 | €157,873 | -€22,137 | -12.3% |
| Taxes, remuneration and social security | 45 | €478,929 | €350,599 | -€128,331 | -26.8% |
| Taxes | 450/3 | €120,825 | €122,583 | +€1,758 | +1.5% |
| Remuneration and social security | 454/9 | €358,104 | €228,015 | -€130,088 | -36.3% |
| Other amounts payable | 47/48 | €2,048 | €1,621 | -€426 | -20.8% |
| Accrued charges and deferred income | 492/3 | €100,548 | €100,548 | = | 0.0% |
| Operating income | 70/76A | €10,599,280 | €8,878,192 | -€1.7m | -16.2% |
| Turnover | 70 | €5,457,547 | €5,654,680 | +€197,133 | +3.6% |
| Own construction capitalised | 72 | €5,025,441 | €3,067,381 | -€2.0m | -39.0% |
| Other operating income | 74 | €88,316 | €91,548 | +€3,232 | +3.7% |
| Non-recurring operating income | 76A | €27,977 | €64,583 | +€36,606 | +130.8% |
| Operating charges | 60/66A | €9,976,198 | €8,555,626 | -€1.4m | -14.2% |
| Goods for resale, raw materials and consumables | 60 | €687,931 | €379,314 | -€308,617 | -44.9% |
| Purchases | 600/8 | €796,890 | €379,985 | -€416,905 | -52.3% |
| Change in stocks: decrease (increase) | 609 | -€108,959 | -€671 | +€108,289 | +99.4% |
| Services and other goods | 61 | €2,247,279 | €1,833,488 | -€413,791 | -18.4% |
| Remuneration, social security and pensions | 62 | €2,916,421 | €2,482,072 | -€434,350 | -14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,782,988 | €2,932,906 | +€149,918 | +5.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€13,028 | €55,696 | +€68,724 | |
| Other operating charges | 640/8 | €1,354,606 | €872,150 | -€482,456 | -35.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Operating profit (loss) | 9901 | €623,082 | €322,565 | -€300,517 | -48.2% |
| Financial income | 75/76B | €640 | €1,480 | +€840 | +131.2% |
| Recurring financial income | 75 | €640 | €1,480 | +€840 | +131.2% |
| Other financial income | 752/9 | €640 | €1,480 | +€840 | +131.2% |
| Financial charges | 65/66B | €424,396 | €422,601 | -€1,795 | -0.4% |
| Recurring financial charges | 65 | €424,396 | €422,601 | -€1,795 | -0.4% |
| Debt charges | 650 | €346,911 | €392,459 | +€45,548 | +13.1% |
| Other financial charges | 652/9 | €77,484 | €30,141 | -€47,343 | -61.1% |
| Profit (loss) for the period before taxes | 9903 | €199,327 | -€98,555 | -€297,882 | |
| Income taxes | 67/77 | €128,272 | €30,503 | -€97,770 | -76.2% |
| Taxes | 670/3 | €128,272 | €39,311 | -€88,961 | -69.4% |
| Tax adjustments and reversals of tax provisions | 77 | - | €8,809 | +€8,809 | |
| Profit (loss) for the period | 9904 | €71,055 | -€129,058 | -€200,112 | |
| Profit (loss) for the period to be appropriated | 9905 | €71,055 | -€129,058 | -€200,112 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.