SKYGAARDEN PROJECT: 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.
SKYGAARDEN PROJECT
Largest movements
- Cash -€3,048
down €3,048 (-22.9%), from €13,333 to €10,286
mainly Net result for the year (-€3,816) and Receivables within one year (-€416)
- Receivables within one year +€416
up €416 (+6.7%), from €6,226 to €6,642
- Profit (loss) carried forward -€3,816
down €3,816 (-8.7%), from -€43,913 to -€47,729
- Accrued charges and deferred income +€824
new in 2025: €824
- Trade debts +€361
up €361 (+10.7%), from €3,371 to €3,731
- Gross operating margin -€1,051
down €1,051 (-58.4%), from -€1,801 to -€2,852
- Other operating charges +€315
up €315 (+63.5%), from €496 to €811
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 | €19,559 | €16,928 | -€2,632 | -13.5% |
| Current assets | 29/58 | €19,559 | €16,928 | -€2,632 | -13.5% |
| Amounts receivable within one year | 40/41 | €6,226 | €6,642 | +€416 | +6.7% |
| Other amounts receivable | 41 | €6,226 | €6,642 | +€416 | +6.7% |
| Cash at bank and in hand | 54/58 | €13,333 | €10,286 | -€3,048 | -22.9% |
| Total equity and liabilities | 10/49 | €19,559 | €16,928 | -€2,632 | -13.5% |
| Equity | 10/15 | €16,087 | €12,271 | -€3,816 | -23.7% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,913 | -€47,729 | -€3,816 | -8.7% |
| Amounts payable | 17/49 | €3,472 | €4,657 | +€1,185 | +34.1% |
| Amounts payable within one year | 42/48 | €3,472 | €3,833 | +€361 | +10.4% |
| Trade debts | 44 | €3,371 | €3,731 | +€361 | +10.7% |
| Suppliers | 440/4 | €3,371 | €3,731 | +€361 | +10.7% |
| Other amounts payable | 47/48 | €101 | €101 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €824 | +€824 | |
| Other operating charges | 640/8 | €496 | €811 | +€315 | +63.5% |
| Gross operating margin | 9900 | -€1,801 | -€2,852 | -€1,051 | -58.4% |
| Operating profit (loss) | 9901 | -€2,297 | -€3,664 | -€1,366 | -59.5% |
| Financial charges | 65/66B | €135 | €153 | +€18 | +13.2% |
| Recurring financial charges | 65 | €135 | €153 | +€18 | +13.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,432 | -€3,816 | -€1,384 | -56.9% |
| Profit (loss) for the period | 9904 | -€2,432 | -€3,816 | -€1,384 | -56.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,432 | -€3,816 | -€1,384 | -56.9% |
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 24 October 2026 via checked.be.