Skyline Management: 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 Management
Largest movements
- Tangible fixed assets -€23,695
down €23,695 (-1.4%), from €1.8m to €1.7m
- Debts after one year -€43,752
down €43,752 (-12.8%), from €342,654 to €298,902
- Profit (loss) carried forward +€40,526
up €40,526 (+73.3%), from -€55,314 to -€14,788
- Other debts -€22,789
down €22,789 (-14.5%), from €156,660 to €133,871
- Gross operating margin +€22,239
up €22,239 (+34.3%), from €64,907 to €87,146
- Financial charges -€885
down €885 (-5.2%), from €17,074 to €16,189
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 | €1,769,016 | €1,748,702 | -€20,314 | -1.1% |
| Fixed assets | 21/28 | €1,754,957 | €1,731,262 | -€23,695 | -1.4% |
| Tangible fixed assets | 22/27 | €1,754,957 | €1,731,262 | -€23,695 | -1.4% |
| Land and buildings | 22 | €1,754,957 | €1,731,262 | -€23,695 | -1.4% |
| Current assets | 29/58 | €14,059 | €17,441 | +€3,381 | +24.1% |
| Amounts receivable within one year | 40/41 | €522 | - | -€522 | |
| Trade receivables | 40 | €522 | - | -€522 | |
| Cash at bank and in hand | 54/58 | €13,537 | €17,441 | +€3,903 | +28.8% |
| Total equity and liabilities | 10/49 | €1,769,016 | €1,748,702 | -€20,314 | -1.1% |
| Equity | 10/15 | €1,208,222 | €1,248,749 | +€40,526 | +3.4% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Revaluation surpluses | 12 | €1,201,036 | €1,201,036 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,314 | -€14,788 | +€40,526 | +73.3% |
| Amounts payable | 17/49 | €560,794 | €499,954 | -€60,840 | -10.8% |
| Amounts payable after more than one year | 17 | €342,654 | €298,902 | -€43,752 | -12.8% |
| Financial debts | 170/4 | €342,654 | €298,902 | -€43,752 | -12.8% |
| Amounts payable within one year | 42/48 | €216,858 | €201,052 | -€15,806 | -7.3% |
| Current portion of amounts payable after more than one year | 42 | €52,196 | €45,002 | -€7,194 | -13.8% |
| Trade debts | 44 | €5,069 | €10,052 | +€4,983 | +98.3% |
| Suppliers | 440/4 | €5,069 | €10,052 | +€4,983 | +98.3% |
| Taxes, remuneration and social security | 45 | €2,933 | €12,127 | +€9,193 | +313% |
| Taxes | 450/3 | €2,933 | €12,127 | +€9,193 | +313% |
| Other amounts payable | 47/48 | €156,660 | €133,871 | -€22,789 | -14.5% |
| Accrued charges and deferred income | 492/3 | €1,282 | - | -€1,282 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,043 | €26,054 | +€11 | 0.0% |
| Other operating charges | 640/8 | €3,588 | €4,377 | +€789 | +22.0% |
| Gross operating margin | 9900 | €64,907 | €87,146 | +€22,239 | +34.3% |
| Operating profit (loss) | 9901 | €35,276 | €56,715 | +€21,440 | +60.8% |
| Financial charges | 65/66B | €17,074 | €16,189 | -€885 | -5.2% |
| Recurring financial charges | 65 | €17,074 | €16,189 | -€885 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | €18,202 | €40,526 | +€22,325 | +123% |
| Profit (loss) for the period | 9904 | €18,202 | €40,526 | +€22,325 | +123% |
| Profit (loss) for the period to be appropriated | 9905 | €18,202 | €40,526 | +€22,325 | +123% |
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 26 October 2026 via checked.be.