Skylark: 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.
Skylark
Largest movements
- Receivables within one year +€62,592
up €62,592 (+417.0%), from €15,010 to €77,603
of which Other amounts receivable: +€62,470
- Current investments -€46,151
down €46,151 (-80.6%), from €57,293 to €11,142
- Tangible fixed assets +€14,886
up €14,886 (+23.1%), from €64,437 to €79,323
of which Furniture and vehicles: +€18,400
- Cash +€14,337
up €14,337 (+288.0%), from €4,978 to €19,315
mainly Current investments (+€46,151) and Current portion of long-term debt (+€29,028)
- Current portion of long-term debt +€29,028
up €29,028 (+402.0%), from €7,222 to €36,249
- Reserves +€23,722
up €23,722 (+25.7%), from €92,176 to €115,898
- Debts after one year -€7,510
down €7,510 (-37.5%), from €20,021 to €12,511
- Financial charges +€12,147
up €12,147 (+861.6%), from €1,410 to €13,557
- Gross operating margin -€5,470
down €5,470 (-8.4%), from €65,032 to €59,562
- Depreciation +€2,173
up €2,173 (+16.9%), from €12,889 to €15,063
- Financial income +€1,923
up €1,923 (+613.3%), from €314 to €2,237
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 | €143,015 | €188,231 | +€45,216 | +31.6% |
| Formation expenses | 20 | €1,297 | €849 | -€448 | -34.6% |
| Fixed assets | 21/28 | €64,437 | €79,323 | +€14,886 | +23.1% |
| Tangible fixed assets | 22/27 | €64,437 | €79,323 | +€14,886 | +23.1% |
| Plant, machinery and equipment | 23 | €7,841 | €6,562 | -€1,279 | -16.3% |
| Furniture and vehicles | 24 | €35,434 | €53,834 | +€18,400 | +51.9% |
| Other tangible fixed assets | 26 | €21,162 | €18,927 | -€2,235 | -10.6% |
| Current assets | 29/58 | €77,281 | €108,060 | +€30,779 | +39.8% |
| Amounts receivable within one year | 40/41 | €15,010 | €77,603 | +€62,592 | +417.0% |
| Trade receivables | 40 | €14,386 | €14,508 | +€122 | +0.8% |
| Other amounts receivable | 41 | €624 | €63,095 | +€62,470 | +10006.2% |
| Current investments | 50/53 | €57,293 | €11,142 | -€46,151 | -80.6% |
| Cash at bank and in hand | 54/58 | €4,978 | €19,315 | +€14,337 | +288.0% |
| Total equity and liabilities | 10/49 | €143,015 | €188,231 | +€45,216 | +31.6% |
| Equity | 10/15 | €98,176 | €121,898 | +€23,722 | +24.2% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €92,176 | €115,898 | +€23,722 | +25.7% |
| Distributable reserves | 133 | €92,176 | €115,898 | +€23,722 | +25.7% |
| Amounts payable | 17/49 | €44,840 | €66,333 | +€21,494 | +47.9% |
| Amounts payable after more than one year | 17 | €20,021 | €12,511 | -€7,510 | -37.5% |
| Financial debts | 170/4 | €20,021 | €12,511 | -€7,510 | -37.5% |
| Amounts payable within one year | 42/48 | €24,819 | €53,823 | +€29,004 | +116.9% |
| Current portion of amounts payable after more than one year | 42 | €7,222 | €36,249 | +€29,028 | +402.0% |
| Trade debts | 44 | €188 | €1,861 | +€1,673 | +889.5% |
| Suppliers | 440/4 | €188 | €1,861 | +€1,673 | +889.5% |
| Taxes, remuneration and social security | 45 | €15,609 | €15,713 | +€104 | +0.7% |
| Taxes | 450/3 | €15,609 | €15,713 | +€104 | +0.7% |
| Other amounts payable | 47/48 | €1,800 | - | -€1,800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,889 | €15,063 | +€2,173 | +16.9% |
| Other operating charges | 640/8 | €62 | €62 | = | 0.0% |
| Gross operating margin | 9900 | €65,032 | €59,562 | -€5,470 | -8.4% |
| Operating profit (loss) | 9901 | €52,081 | €44,437 | -€7,643 | -14.7% |
| Financial income | 75/76B | €314 | €2,237 | +€1,923 | +613.3% |
| Recurring financial income | 75 | €314 | €2,237 | +€1,923 | +613.3% |
| Financial charges | 65/66B | €1,410 | €13,557 | +€12,147 | +861.6% |
| Recurring financial charges | 65 | €1,410 | €13,557 | +€12,147 | +861.6% |
| Profit (loss) for the period before taxes | 9903 | €50,985 | €33,117 | -€17,867 | -35.0% |
| Income taxes | 67/77 | €9,661 | €9,395 | -€266 | -2.8% |
| Profit (loss) for the period | 9904 | €41,324 | €23,722 | -€17,601 | -42.6% |
| Profit (loss) for the period to be appropriated | 9905 | €41,324 | €23,722 | -€17,601 | -42.6% |
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 7 October 2026 via checked.be.