SKYLINE CONSTRUCT: 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.
SKYLINE CONSTRUCT
Largest movements
- Cash -€653,460
down €653,460 (-85.3%), from €765,875 to €112,415
mainly Advances received (-€852,157) and Contributions, distributions and other (-€85,000)
- Stocks and contracts -€231,203
down €231,203 (-95.0%), from €243,364 to €12,162
of which Contracts in progress: -€176,538
- Receivables within one year +€63,525
up €63,525 (+59.6%), from €106,516 to €170,041
of which Trade receivables: +€74,754
- Advances received -€852,157
down €852,157 (-100%), from €852,157 to €0
- Other debts +€85,000
new in 2025: €85,000
- Reserves -€36,915
down €36,915 (-20.1%), from €183,850 to €146,935
of which Distributable reserves: -€36,915
- Debts after one year -€18,875
down €18,875 (-34.3%), from €55,053 to €36,178
- Other operating charges -€144,193
down €144,193 (-98.4%), from €146,480 to €2,287
- Gross operating margin -€28,317
down €28,317 (-22.3%), from €126,720 to €98,402
- Financial income -€13,163
down €13,163 (-71.2%), from €18,488 to €5,325
of which Non-recurring financial income: -€14,463
- Staff costs +€8,071
up €8,071 (+274%), from €2,942 to €11,014
- Depreciation +€2,824
up €2,824 (+16.6%), from €17,011 to €19,835
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 | €1,221,142 | €394,108 | -€827,035 | -67.7% |
| Fixed assets | 21/28 | €102,295 | €97,551 | -€4,745 | -4.6% |
| Tangible fixed assets | 22/27 | €99,678 | €97,433 | -€2,245 | -2.3% |
| Land and buildings | 22 | €57,338 | €50,171 | -€7,167 | -12.5% |
| Plant, machinery and equipment | 23 | €1,198 | €16,411 | +€15,213 | +1,270% |
| Furniture and vehicles | 24 | €1,887 | €1,350 | -€537 | -28.5% |
| Leasing and similar rights | 25 | €39,255 | €29,501 | -€9,754 | -24.8% |
| Financial fixed assets | 28 | €2,617 | €117 | -€2,500 | -95.5% |
| Current assets | 29/58 | €1,118,847 | €296,557 | -€822,290 | -73.5% |
| Stocks and contracts in progress | 3 | €243,364 | €12,162 | -€231,203 | -95.0% |
| Stocks | 30/36 | €66,827 | €12,162 | -€54,665 | -81.8% |
| Contracts in progress | 37 | €176,538 | €0 | -€176,538 | -100% |
| Amounts receivable within one year | 40/41 | €106,516 | €170,041 | +€63,525 | +59.6% |
| Trade receivables | 40 | €28,647 | €103,401 | +€74,754 | +261% |
| Other amounts receivable | 41 | €77,869 | €66,639 | -€11,230 | -14.4% |
| Cash at bank and in hand | 54/58 | €765,875 | €112,415 | -€653,460 | -85.3% |
| Deferred charges and accrued income | 490/1 | €3,092 | €1,940 | -€1,152 | -37.3% |
| Total equity and liabilities | 10/49 | €1,221,142 | €394,108 | -€827,035 | -67.7% |
| Equity | 10/15 | €202,450 | €165,535 | -€36,915 | -18.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €183,850 | €146,935 | -€36,915 | -20.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €183,850 | €146,935 | -€36,915 | -20.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,018,693 | €228,573 | -€790,119 | -77.6% |
| Amounts payable after more than one year | 17 | €55,053 | €36,178 | -€18,875 | -34.3% |
| Financial debts | 170/4 | €55,053 | €36,178 | -€18,875 | -34.3% |
| Amounts payable within one year | 42/48 | €963,640 | €192,395 | -€771,245 | -80.0% |
| Current portion of amounts payable after more than one year | 42 | €18,413 | €18,875 | +€461 | +2.5% |
| Financial debts | 43 | €348 | €387 | +€39 | +11.1% |
| Credit institutions | 430/8 | €348 | €387 | +€39 | +11.1% |
| Trade debts | 44 | €70,761 | €73,698 | +€2,937 | +4.2% |
| Suppliers | 440/4 | €70,761 | €73,698 | +€2,937 | +4.2% |
| Advances received on contracts in progress | 46 | €852,157 | €0 | -€852,157 | -100% |
| Taxes, remuneration and social security | 45 | €21,960 | €14,436 | -€7,524 | -34.3% |
| Taxes | 450/3 | €21,960 | €14,436 | -€7,524 | -34.3% |
| Other amounts payable | 47/48 | - | €85,000 | +€85,000 | |
| Remuneration, social security and pensions | 62 | €2,942 | €11,014 | +€8,071 | +274% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,011 | €19,835 | +€2,824 | +16.6% |
| Other operating charges | 640/8 | €146,480 | €2,287 | -€144,193 | -98.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €126,720 | €98,402 | -€28,317 | -22.3% |
| Operating profit (loss) | 9901 | -€39,714 | €65,267 | +€104,981 | |
| Financial income | 75/76B | €18,488 | €5,325 | -€13,163 | -71.2% |
| Recurring financial income | 75 | €4,025 | €5,325 | +€1,300 | +32.3% |
| Non-recurring financial income | 76B | €14,463 | €0 | -€14,463 | -100% |
| Financial charges | 65/66B | €6,109 | €3,619 | -€2,490 | -40.8% |
| Recurring financial charges | 65 | €6,109 | €3,619 | -€2,490 | -40.8% |
| Profit (loss) for the period before taxes | 9903 | -€27,336 | €66,973 | +€94,309 | |
| Income taxes | 67/77 | €21,708 | €18,888 | -€2,820 | -13.0% |
| Profit (loss) for the period | 9904 | -€49,043 | €48,085 | +€97,128 | |
| Profit (loss) for the period to be appropriated | 9905 | -€49,043 | €48,085 | +€97,128 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.