SKYFRAME: 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.
SKYFRAME
Largest movements
- Tangible fixed assets +€74,720
up €74,720 (+77.8%), from €96,037 to €170,757
of which Plant, machinery and equipment: +€72,364
- Cash -€43,539
down €43,539 (-38.8%), from €112,357 to €68,818
mainly Investment in fixed assets (net) (-€109,131) and Tax, wage and social debts (-€14,829)
- Receivables within one year -€6,231
down €6,231 (-24.1%), from €25,848 to €19,617
of which Trade receivables: -€7,893
- Deferred charges and accrued income -€2,956
down €2,956 (-64.4%), from €4,587 to €1,631
- Trade debts +€18,517
up €18,517 (+129%), from €14,409 to €32,927
- Profit (loss) carried forward +€16,581
up €16,581 (+8.7%), from €191,344 to €207,925
- Tax, wage and social debts -€14,829
down €14,829 (-65.2%), from €22,743 to €7,915
of which Taxes: -€16,892
- Gross operating margin -€42,597
down €42,597 (-44.0%), from €96,876 to €54,279
- Taxes -€13,181
down €13,181 (-86.0%), from €15,330 to €2,149
- Depreciation -€4,266
down €4,266 (-11.0%), from €38,676 to €34,411
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 | €239,329 | €261,324 | +€21,995 | +9.2% |
| Fixed assets | 21/28 | €96,537 | €171,257 | +€74,720 | +77.4% |
| Tangible fixed assets | 22/27 | €96,037 | €170,757 | +€74,720 | +77.8% |
| Plant, machinery and equipment | 23 | €93,485 | €165,849 | +€72,364 | +77.4% |
| Furniture and vehicles | 24 | €2,552 | €4,908 | +€2,356 | +92.3% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €142,791 | €90,066 | -€52,725 | -36.9% |
| Amounts receivable within one year | 40/41 | €25,848 | €19,617 | -€6,231 | -24.1% |
| Trade receivables | 40 | €25,848 | €17,955 | -€7,893 | -30.5% |
| Other amounts receivable | 41 | - | €1,663 | +€1,663 | |
| Cash at bank and in hand | 54/58 | €112,357 | €68,818 | -€43,539 | -38.8% |
| Deferred charges and accrued income | 490/1 | €4,587 | €1,631 | -€2,956 | -64.4% |
| Total equity and liabilities | 10/49 | €239,329 | €261,324 | +€21,995 | +9.2% |
| Equity | 10/15 | €194,344 | €210,925 | +€16,581 | +8.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €191,344 | €207,925 | +€16,581 | +8.7% |
| Amounts payable | 17/49 | €44,984 | €50,398 | +€5,414 | +12.0% |
| Amounts payable within one year | 42/48 | €44,984 | €50,398 | +€5,414 | +12.0% |
| Trade debts | 44 | €14,409 | €32,927 | +€18,517 | +129% |
| Suppliers | 440/4 | €14,409 | €32,927 | +€18,517 | +129% |
| Taxes, remuneration and social security | 45 | €22,743 | €7,915 | -€14,829 | -65.2% |
| Taxes | 450/3 | €22,743 | €5,851 | -€16,892 | -74.3% |
| Remuneration and social security | 454/9 | - | €2,063 | +€2,063 | |
| Other amounts payable | 47/48 | €7,832 | €9,557 | +€1,725 | +22.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,676 | €34,411 | -€4,266 | -11.0% |
| Other operating charges | 640/8 | €1,050 | €799 | -€252 | -23.9% |
| Gross operating margin | 9900 | €96,876 | €54,279 | -€42,597 | -44.0% |
| Operating profit (loss) | 9901 | €57,149 | €19,069 | -€38,080 | -66.6% |
| Financial income | 75/76B | €0 | €33 | +€33 | +326,800% |
| Recurring financial income | 75 | €0 | €33 | +€33 | +326,800% |
| Financial charges | 65/66B | €598 | €372 | -€226 | -37.8% |
| Recurring financial charges | 65 | €598 | €372 | -€226 | -37.8% |
| Profit (loss) for the period before taxes | 9903 | €56,551 | €18,730 | -€37,821 | -66.9% |
| Income taxes | 67/77 | €15,330 | €2,149 | -€13,181 | -86.0% |
| Profit (loss) for the period | 9904 | €41,221 | €16,581 | -€24,640 | -59.8% |
| Profit (loss) for the period to be appropriated | 9905 | €41,221 | €16,581 | -€24,640 | -59.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.