Skygazer: 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.
Skygazer
Largest movements
- Tangible fixed assets -€5,730
down €5,730 (-11.1%), from €51,653 to €45,923
- Cash -€4,923
down €4,923 (-51.4%), from €9,584 to €4,661
mainly Debts after one year (-€7,907) and Trade debts (-€4,956)
- Receivables within one year -€1,146
down €1,146 (-65.5%), from €1,751 to €605
of which Other amounts receivable: -€1,751
- Debts after one year -€7,907
down €7,907 (-29.4%), from €26,907 to €19,000
- Trade debts -€4,956
down €4,956 (-19.3%), from €25,708 to €20,752
- Profit (loss) carried forward +€740
up €740 (+4.6%), from -€16,002 to -€15,262
- Gross operating margin +€16,430
up €16,430, from -€8,327 to €8,102
- Financial charges -€399
down €399 (-20.9%), from €1,912 to €1,513
- Depreciation +€85
up €85 (+1.5%), from €5,645 to €5,730
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €63,244 | €51,454 | -€11,789 | -18.6% |
| Fixed assets | 21/28 | €51,653 | €45,923 | -€5,730 | -11.1% |
| Tangible fixed assets | 22/27 | €51,653 | €45,923 | -€5,730 | -11.1% |
| Plant, machinery and equipment | 23 | €51,653 | €45,923 | -€5,730 | -11.1% |
| Current assets | 29/58 | €11,591 | €5,531 | -€6,060 | -52.3% |
| Amounts receivable within one year | 40/41 | €1,751 | €605 | -€1,146 | -65.5% |
| Trade receivables | 40 | - | €605 | +€605 | |
| Other amounts receivable | 41 | €1,751 | - | -€1,751 | |
| Cash at bank and in hand | 54/58 | €9,584 | €4,661 | -€4,923 | -51.4% |
| Deferred charges and accrued income | 490/1 | €256 | €265 | +€10 | +3.8% |
| Total equity and liabilities | 10/49 | €63,244 | €51,454 | -€11,789 | -18.6% |
| Equity | 10/15 | -€7,002 | -€6,262 | +€740 | +10.6% |
| Contributions | 10/11 | €9,000 | €9,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,002 | -€15,262 | +€740 | +4.6% |
| Amounts payable | 17/49 | €70,246 | €57,716 | -€12,529 | -17.8% |
| Amounts payable after more than one year | 17 | €26,907 | €19,000 | -€7,907 | -29.4% |
| Financial debts | 170/4 | €26,907 | €19,000 | -€7,907 | -29.4% |
| Amounts payable within one year | 42/48 | €43,339 | €38,717 | -€4,622 | -10.7% |
| Current portion of amounts payable after more than one year | 42 | €7,595 | €7,907 | +€312 | +4.1% |
| Trade debts | 44 | €25,708 | €20,752 | -€4,956 | -19.3% |
| Suppliers | 440/4 | €25,708 | €20,752 | -€4,956 | -19.3% |
| Taxes, remuneration and social security | 45 | - | €140 | +€140 | |
| Taxes | 450/3 | - | €140 | +€140 | |
| Other amounts payable | 47/48 | €10,036 | €9,918 | -€118 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,645 | €5,730 | +€85 | +1.5% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | -€8,327 | €8,102 | +€16,430 | |
| Operating profit (loss) | 9901 | -€14,090 | €2,252 | +€16,343 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +100.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +100.0% |
| Financial charges | 65/66B | €1,912 | €1,513 | -€399 | -20.9% |
| Recurring financial charges | 65 | €1,912 | €1,513 | -€399 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | -€16,002 | €740 | +€16,742 | |
| Profit (loss) for the period | 9904 | -€16,002 | €740 | +€16,742 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,002 | €740 | +€16,742 |
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 3 October 2026 via checked.be.