SKYLER: 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.
SKYLER
Largest movements
- Cash +€89,107
up €89,107 (+1346.6%), from €6,617 to €95,725
mainly Receivables within one year (+€69,196) and Net result for the year (+€66,531)
- Receivables within one year -€69,196
down €69,196 (-65.5%), from €105,579 to €36,383
of which Trade receivables: -€59,030
- Tangible fixed assets -€27,865
down €27,865 (-10.9%), from €255,633 to €227,768
- Trade debts -€80,323
down €80,323 (-72.0%), from €111,597 to €31,274
- Other debts +€60,000
new in 2025: €60,000
- Tax, wage and social debts +€29,179
up €29,179 (+1698.5%), from €1,718 to €30,897
- Debts after one year -€23,023
down €23,023 (-10.1%), from €228,829 to €205,807
- Reserves +€22,663
up €22,663 (+2669.2%), from €849 to €23,512
of which Distributable reserves: +€17,362
- Gross operating margin +€72,349
up €72,349 (+152.1%), from €47,559 to €119,908
- Taxes +€15,883
up €15,883 (+924.5%), from €1,718 to €17,600
- Depreciation +€4,851
up €4,851 (+21.1%), from €23,013 to €27,865
- Financial charges +€2,453
up €2,453 (+44.9%), from €5,460 to €7,912
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 | €442,829 | €436,013 | -€6,816 | -1.5% |
| Fixed assets | 21/28 | €255,633 | €227,768 | -€27,865 | -10.9% |
| Tangible fixed assets | 22/27 | €255,633 | €227,768 | -€27,865 | -10.9% |
| Plant, machinery and equipment | 23 | €255,633 | €227,768 | -€27,865 | -10.9% |
| Current assets | 29/58 | €187,196 | €208,245 | +€21,048 | +11.2% |
| Stocks and contracts in progress | 3 | €75,000 | €75,000 | = | 0.0% |
| Stocks | 30/36 | €75,000 | €75,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €105,579 | €36,383 | -€69,196 | -65.5% |
| Trade receivables | 40 | €95,412 | €36,382 | -€59,030 | -61.9% |
| Other amounts receivable | 41 | €10,167 | €1 | -€10,166 | -100.0% |
| Cash at bank and in hand | 54/58 | €6,617 | €95,725 | +€89,107 | +1346.6% |
| Deferred charges and accrued income | 490/1 | - | €1,137 | +€1,137 | |
| Total equity and liabilities | 10/49 | €442,829 | €436,013 | -€6,816 | -1.5% |
| Equity | 10/15 | €78,481 | €85,012 | +€6,531 | +8.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €849 | €23,512 | +€22,663 | +2669.2% |
| Non-distributable reserves | 130/1 | €849 | €6,150 | +€5,301 | +624.3% |
| Legal reserve | 130 | €849 | €6,150 | +€5,301 | +624.3% |
| Distributable reserves | 133 | - | €17,362 | +€17,362 | |
| Profit (loss) carried forward | 14 | €16,132 | €0 | -€16,132 | -100.0% |
| Amounts payable | 17/49 | €364,348 | €351,001 | -€13,347 | -3.7% |
| Amounts payable after more than one year | 17 | €228,829 | €205,807 | -€23,023 | -10.1% |
| Financial debts | 170/4 | €228,829 | €205,807 | -€23,023 | -10.1% |
| Amounts payable within one year | 42/48 | €135,490 | €145,194 | +€9,705 | +7.2% |
| Current portion of amounts payable after more than one year | 42 | €22,174 | €23,023 | +€849 | +3.8% |
| Trade debts | 44 | €111,597 | €31,274 | -€80,323 | -72.0% |
| Suppliers | 440/4 | €111,597 | €31,274 | -€80,323 | -72.0% |
| Taxes, remuneration and social security | 45 | €1,718 | €30,897 | +€29,179 | +1698.5% |
| Taxes | 450/3 | €1,718 | €30,897 | +€29,179 | +1698.5% |
| Other amounts payable | 47/48 | - | €60,000 | +€60,000 | |
| Accrued charges and deferred income | 492/3 | €29 | €0 | -€29 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,013 | €27,865 | +€4,851 | +21.1% |
| Other operating charges | 640/8 | €387 | €0 | -€387 | -100.0% |
| Gross operating margin | 9900 | €47,559 | €119,908 | +€72,349 | +152.1% |
| Operating profit (loss) | 9901 | €24,159 | €92,044 | +€67,885 | +281.0% |
| Financial charges | 65/66B | €5,460 | €7,912 | +€2,453 | +44.9% |
| Recurring financial charges | 65 | €5,460 | €7,912 | +€2,453 | +44.9% |
| Profit (loss) for the period before taxes | 9903 | €18,699 | €84,131 | +€65,432 | +349.9% |
| Income taxes | 67/77 | €1,718 | €17,600 | +€15,883 | +924.5% |
| Profit (loss) for the period | 9904 | €16,981 | €66,531 | +€49,550 | +291.8% |
| Profit (loss) for the period to be appropriated | 9905 | €16,981 | €66,531 | +€49,550 | +291.8% |
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 8 October 2026 via checked.be.