SKYLEGS: 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.
SKYLEGS
Largest movements
- Financial fixed assets +€52,656
new in 2025: €52,656
- Intangible fixed assets -€36,759
down €36,759 (-22.2%), from €165,697 to €128,938
- Cash -€23,523
down €23,523 (-34.7%), from €67,862 to €44,339
mainly Investment in fixed assets (net) (-€93,366) and Net result for the year (-€34,817)
- Receivables within one year -€18,454
down €18,454 (-10.5%), from €176,457 to €158,003
of which Trade receivables: -€20,168
- Deferred charges and accrued income +€7,644
up €7,644 (+39.8%), from €19,183 to €26,827
- Profit (loss) carried forward -€34,817
down €34,817 (-1,213%), from -€2,871 to -€37,688
- Trade debts +€34,180
up €34,180 (+50.4%), from €67,846 to €102,026
- Debts after one year -€29,754
down €29,754 (-30.2%), from €98,436 to €68,682
- Tax, wage and social debts +€6,559
up €6,559 (+14.7%), from €44,469 to €51,028
of which Remuneration and social security: +€5,092
- Gross operating margin -€24,782
down €24,782 (-7.4%), from €335,695 to €310,913
- Staff costs +€24,434
up €24,434 (+10.5%), from €231,710 to €256,144
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 | €437,175 | €415,826 | -€21,349 | -4.9% |
| Fixed assets | 21/28 | €173,674 | €186,657 | +€12,983 | +7.5% |
| Intangible fixed assets | 21 | €165,697 | €128,938 | -€36,759 | -22.2% |
| Tangible fixed assets | 22/27 | €7,977 | €5,063 | -€2,913 | -36.5% |
| Furniture and vehicles | 24 | €6,822 | €4,893 | -€1,928 | -28.3% |
| Other tangible fixed assets | 26 | €1,155 | €170 | -€985 | -85.3% |
| Financial fixed assets | 28 | - | €52,656 | +€52,656 | |
| Current assets | 29/58 | €263,502 | €229,169 | -€34,333 | -13.0% |
| Amounts receivable within one year | 40/41 | €176,457 | €158,003 | -€18,454 | -10.5% |
| Trade receivables | 40 | €159,535 | €139,366 | -€20,168 | -12.6% |
| Other amounts receivable | 41 | €16,922 | €18,637 | +€1,715 | +10.1% |
| Cash at bank and in hand | 54/58 | €67,862 | €44,339 | -€23,523 | -34.7% |
| Deferred charges and accrued income | 490/1 | €19,183 | €26,827 | +€7,644 | +39.8% |
| Total equity and liabilities | 10/49 | €437,175 | €415,826 | -€21,349 | -4.9% |
| Equity | 10/15 | €167,534 | €132,717 | -€34,817 | -20.8% |
| Contributions | 10/11 | €168,550 | €168,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,871 | -€37,688 | -€34,817 | -1,213% |
| Amounts payable | 17/49 | €269,641 | €283,109 | +€13,468 | +5.0% |
| Amounts payable after more than one year | 17 | €98,436 | €68,682 | -€29,754 | -30.2% |
| Financial debts | 170/4 | €98,436 | €68,682 | -€29,754 | -30.2% |
| Amounts payable within one year | 42/48 | €143,441 | €183,671 | +€40,229 | +28.0% |
| Current portion of amounts payable after more than one year | 42 | €28,591 | €29,754 | +€1,163 | +4.1% |
| Trade debts | 44 | €67,846 | €102,026 | +€34,180 | +50.4% |
| Suppliers | 440/4 | €67,846 | €102,026 | +€34,180 | +50.4% |
| Taxes, remuneration and social security | 45 | €44,469 | €51,028 | +€6,559 | +14.7% |
| Taxes | 450/3 | €931 | €2,398 | +€1,467 | +158% |
| Remuneration and social security | 454/9 | €43,538 | €48,631 | +€5,092 | +11.7% |
| Other amounts payable | 47/48 | €2,535 | €862 | -€1,673 | -66.0% |
| Accrued charges and deferred income | 492/3 | €27,764 | €30,757 | +€2,992 | +10.8% |
| Non-recurring operating income | 76A | €200 | €8,678 | +€8,478 | +4,239% |
| Remuneration, social security and pensions | 62 | €231,710 | €256,144 | +€24,434 | +10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,638 | €80,383 | -€3,255 | -3.9% |
| Other operating charges | 640/8 | €2,635 | €2,529 | -€105 | -4.0% |
| Gross operating margin | 9900 | €335,695 | €310,913 | -€24,782 | -7.4% |
| Operating profit (loss) | 9901 | €17,712 | -€28,143 | -€45,855 | |
| Financial income | 75/76B | €188 | €295 | +€106 | +56.6% |
| Recurring financial income | 75 | €188 | €295 | +€106 | +56.6% |
| Financial charges | 65/66B | €7,577 | €6,474 | -€1,104 | -14.6% |
| Recurring financial charges | 65 | €7,577 | €6,474 | -€1,104 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | €10,324 | -€34,322 | -€44,645 | |
| Income taxes | 67/77 | €982 | €495 | -€487 | -49.6% |
| Profit (loss) for the period | 9904 | €9,342 | -€34,817 | -€44,159 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,342 | -€34,817 | -€44,159 |
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 19 October 2026 via checked.be.