SKYLAB: 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.
SKYLAB
Largest movements
- Tangible fixed assets -€195,393
down €195,393 (-5.6%), from €3.5m to €3.3m
of which Land and buildings: -€189,544
- Debts after one year -€295,930
down €295,930 (-8.7%), from €3.4m to €3.1m
- Other debts +€57,331
up €57,331 (+8.0%), from €716,530 to €773,861
- Trade debts +€47,430
up €47,430 (+89.1%), from €53,234 to €100,663
- Write-downs -€5,658
down €5,658, from €2,958 to -€2,700
- Gross operating margin +€5,411
up €5,411 (+2.3%), from €238,326 to €243,737
- Other operating charges -€3,337
down €3,337 (-54.7%), from €6,095 to €2,759
- Financial charges -€2,754
down €2,754 (-5.3%), from €51,865 to €49,111
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 | €3,548,985 | €3,376,208 | -€172,777 | -4.9% |
| Fixed assets | 21/28 | €3,483,284 | €3,287,891 | -€195,393 | -5.6% |
| Tangible fixed assets | 22/27 | €3,483,284 | €3,287,891 | -€195,393 | -5.6% |
| Land and buildings | 22 | €3,435,181 | €3,245,637 | -€189,544 | -5.5% |
| Furniture and vehicles | 24 | €48,103 | €42,254 | -€5,849 | -12.2% |
| Current assets | 29/58 | €65,701 | €88,317 | +€22,616 | +34.4% |
| Amounts receivable within one year | 40/41 | €64,094 | €86,029 | +€21,935 | +34.2% |
| Trade receivables | 40 | €34,303 | €35,929 | +€1,626 | +4.7% |
| Other amounts receivable | 41 | €29,790 | €50,099 | +€20,309 | +68.2% |
| Cash at bank and in hand | 54/58 | €1,608 | €2,288 | +€681 | +42.3% |
| Total equity and liabilities | 10/49 | €3,548,985 | €3,376,208 | -€172,777 | -4.9% |
| Equity | 10/15 | -€940,081 | -€940,628 | -€547 | -0.1% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,190,081 | -€1,190,628 | -€547 | 0.0% |
| Amounts payable | 17/49 | €4,489,066 | €4,316,836 | -€172,230 | -3.8% |
| Amounts payable after more than one year | 17 | €3,385,547 | €3,089,618 | -€295,930 | -8.7% |
| Financial debts | 170/4 | €3,385,547 | €3,089,618 | -€295,930 | -8.7% |
| Amounts payable within one year | 42/48 | €1,103,519 | €1,227,218 | +€123,699 | +11.2% |
| Current portion of amounts payable after more than one year | 42 | €316,433 | €320,423 | +€3,990 | +1.3% |
| Trade debts | 44 | €53,234 | €100,663 | +€47,430 | +89.1% |
| Suppliers | 440/4 | €53,234 | €100,663 | +€47,430 | +89.1% |
| Taxes, remuneration and social security | 45 | €17,322 | €32,271 | +€14,949 | +86.3% |
| Taxes | 450/3 | €17,322 | €32,271 | +€14,949 | +86.3% |
| Other amounts payable | 47/48 | €716,530 | €773,861 | +€57,331 | +8.0% |
| Non-recurring operating income | 76A | €292 | €0 | -€292 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €196,634 | €196,944 | +€310 | +0.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,958 | -€2,700 | -€5,658 | |
| Other operating charges | 640/8 | €6,095 | €2,759 | -€3,337 | -54.7% |
| Gross operating margin | 9900 | €238,326 | €243,737 | +€5,411 | +2.3% |
| Operating profit (loss) | 9901 | €32,639 | €46,735 | +€14,096 | +43.2% |
| Financial income | 75/76B | €3 | €1,829 | +€1,826 | +65218.9% |
| Recurring financial income | 75 | €3 | €1,829 | +€1,826 | +65218.9% |
| Financial charges | 65/66B | €51,865 | €49,111 | -€2,754 | -5.3% |
| Recurring financial charges | 65 | €51,865 | €49,111 | -€2,754 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | -€19,224 | -€547 | +€18,677 | +97.2% |
| Profit (loss) for the period | 9904 | -€19,224 | -€547 | +€18,677 | +97.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,224 | -€547 | +€18,677 | +97.2% |
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 9 October 2026 via checked.be.