SKYLIMIT: 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.
SKYLIMIT
Largest movements
- Deferred charges and accrued income +€13,470
up €13,470 (+2821.0%), from €477 to €13,948
- Cash +€8,662
up €8,662 (+50.0%), from €17,324 to €25,986
mainly Net result for the year (+€20,711) and Depreciation (+€3,877)
- Receivables after one year +€2,851
up €2,851 (+2.5%), from €114,031 to €116,882
- Receivables within one year -€2,592
down €2,592 (-9.8%), from €26,541 to €23,949
of which Trade receivables: -€1,344
- Tangible fixed assets -€2,321
down €2,321 (-38.6%), from €6,012 to €3,691
of which Furniture and vehicles: -€1,291
- Profit (loss) carried forward +€20,711
up €20,711 (+17.2%), from -€120,147 to -€99,436
- Tax, wage and social debts -€4,876
down €4,876 (-52.7%), from €9,258 to €4,382
of which Taxes: -€4,876
- Trade debts +€2,604
up €2,604 (+236.8%), from €1,100 to €3,704
- Gross operating margin +€38,192
up €38,192, from -€13,121 to €25,070
- Financial charges -€7,971
down €7,971 (-74.1%), from €10,764 to €2,793
- Depreciation -€2,439
down €2,439 (-38.6%), from €6,316 to €3,877
- Other operating charges -€1,966
down €1,966 (-66.7%), from €2,945 to €980
- Financial income +€1,045
up €1,045 (+41.3%), from €2,527 to €3,571
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 | €169,613 | €188,127 | +€18,514 | +10.9% |
| Fixed assets | 21/28 | €11,239 | €7,362 | -€3,877 | -34.5% |
| Intangible fixed assets | 21 | €5,227 | €3,671 | -€1,556 | -29.8% |
| Tangible fixed assets | 22/27 | €6,012 | €3,691 | -€2,321 | -38.6% |
| Plant, machinery and equipment | 23 | €1,408 | €378 | -€1,030 | -73.1% |
| Furniture and vehicles | 24 | €4,604 | €3,313 | -€1,291 | -28.0% |
| Current assets | 29/58 | €158,374 | €180,765 | +€22,391 | +14.1% |
| Amounts receivable after more than one year | 29 | €114,031 | €116,882 | +€2,851 | +2.5% |
| Other amounts receivable | 291 | €114,031 | €116,882 | +€2,851 | +2.5% |
| Amounts receivable within one year | 40/41 | €26,541 | €23,949 | -€2,592 | -9.8% |
| Trade receivables | 40 | €4,081 | €2,737 | -€1,344 | -32.9% |
| Other amounts receivable | 41 | €22,460 | €21,212 | -€1,248 | -5.6% |
| Cash at bank and in hand | 54/58 | €17,324 | €25,986 | +€8,662 | +50.0% |
| Deferred charges and accrued income | 490/1 | €477 | €13,948 | +€13,470 | +2821.0% |
| Total equity and liabilities | 10/49 | €169,613 | €188,127 | +€18,514 | +10.9% |
| Equity | 10/15 | €25,452 | €46,163 | +€20,711 | +81.4% |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Reserves | 13 | €21,599 | €21,599 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,000 | €9,000 | = | 0.0% |
| Distributable reserves | 133 | €12,599 | €12,599 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€120,147 | -€99,436 | +€20,711 | +17.2% |
| Amounts payable | 17/49 | €144,161 | €141,964 | -€2,197 | -1.5% |
| Amounts payable within one year | 42/48 | €144,161 | €141,964 | -€2,197 | -1.5% |
| Trade debts | 44 | €1,100 | €3,704 | +€2,604 | +236.8% |
| Suppliers | 440/4 | €1,100 | €3,704 | +€2,604 | +236.8% |
| Taxes, remuneration and social security | 45 | €9,258 | €4,382 | -€4,876 | -52.7% |
| Taxes | 450/3 | €6,458 | €1,582 | -€4,876 | -75.5% |
| Remuneration and social security | 454/9 | €2,800 | €2,800 | = | 0.0% |
| Other amounts payable | 47/48 | €133,804 | €133,879 | +€75 | +0.1% |
| Non-recurring operating income | 76A | €51 | €1,000 | +€950 | +1880.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,316 | €3,877 | -€2,439 | -38.6% |
| Other operating charges | 640/8 | €2,945 | €980 | -€1,966 | -66.7% |
| Non-recurring operating charges | 66A | €151 | €0 | -€151 | -100.0% |
| Gross operating margin | 9900 | -€13,121 | €25,070 | +€38,192 | |
| Operating profit (loss) | 9901 | -€22,534 | €20,214 | +€42,747 | |
| Financial income | 75/76B | €2,527 | €3,571 | +€1,045 | +41.3% |
| Recurring financial income | 75 | €2,527 | €3,571 | +€1,045 | +41.3% |
| Financial charges | 65/66B | €10,764 | €2,793 | -€7,971 | -74.1% |
| Recurring financial charges | 65 | €10,764 | €2,793 | -€7,971 | -74.1% |
| Profit (loss) for the period before taxes | 9903 | -€30,770 | €20,992 | +€51,763 | |
| Income taxes | 67/77 | €256 | €281 | +€25 | +9.9% |
| Profit (loss) for the period | 9904 | -€31,026 | €20,711 | +€51,737 | |
| Profit (loss) for the period to be appropriated | 9905 | -€31,026 | €20,711 | +€51,737 |
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.