SKYLINE NETWORKS: 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 NETWORKS
Largest movements
- Cash +€277,747
up €277,747 (+409%), from €67,977 to €345,724
mainly Net result for the year (+€344,762) and Tax, wage and social debts (+€61,220)
- Receivables within one year +€75,012
up €75,012 (+23.3%), from €321,355 to €396,367
of which Trade receivables: +€82,286
- Tangible fixed assets -€23,009
down €23,009 (-3.1%), from €742,336 to €719,327
of which Furniture and vehicles: -€13,481
- Reserves +€279,518
up €279,518 (+81.2%), from €344,087 to €623,604
- Tax, wage and social debts +€61,220
up €61,220 (+74.2%), from €82,490 to €143,711
of which Taxes: +€62,234
- Debts after one year -€48,532
down €48,532 (-10.4%), from €465,200 to €416,668
- Other debts +€19,447
up €19,447 (+36.4%), from €53,416 to €72,863
- Financial income +€198,650
up €198,650 (+13,562%), from €1,465 to €200,114
- Gross operating margin +€121,816
up €121,816 (+19.7%), from €619,652 to €741,468
- Other operating charges +€100,402
up €100,402 (+2,027%), from €4,954 to €105,356
- Staff costs -€88,496
down €88,496 (-21.6%), from €410,554 to €322,058
- Taxes +€66,339
up €66,339 (+216%), from €30,688 to €97,027
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 | €1,138,882 | €1,470,887 | +€332,005 | +29.2% |
| Fixed assets | 21/28 | €745,336 | €722,327 | -€23,009 | -3.1% |
| Tangible fixed assets | 22/27 | €742,336 | €719,327 | -€23,009 | -3.1% |
| Land and buildings | 22 | €679,262 | €675,203 | -€4,059 | -0.6% |
| Plant, machinery and equipment | 23 | €18,539 | €15,865 | -€2,674 | -14.4% |
| Furniture and vehicles | 24 | €34,001 | €20,519 | -€13,481 | -39.7% |
| Other tangible fixed assets | 26 | €10,535 | €7,740 | -€2,795 | -26.5% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €393,546 | €748,560 | +€355,015 | +90.2% |
| Amounts receivable after more than one year | 29 | €2,517 | €0 | -€2,517 | -100% |
| Other amounts receivable | 291 | €2,517 | €0 | -€2,517 | -100% |
| Amounts receivable within one year | 40/41 | €321,355 | €396,367 | +€75,012 | +23.3% |
| Trade receivables | 40 | €263,437 | €345,723 | +€82,286 | +31.2% |
| Other amounts receivable | 41 | €57,918 | €50,644 | -€7,274 | -12.6% |
| Cash at bank and in hand | 54/58 | €67,977 | €345,724 | +€277,747 | +409% |
| Deferred charges and accrued income | 490/1 | €1,697 | €6,469 | +€4,773 | +281% |
| Total equity and liabilities | 10/49 | €1,138,882 | €1,470,887 | +€332,005 | +29.2% |
| Equity | 10/15 | €344,087 | €623,604 | +€279,518 | +81.2% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €344,087 | €623,604 | +€279,518 | +81.2% |
| Distributable reserves | 133 | €344,087 | €623,604 | +€279,518 | +81.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €794,796 | €847,283 | +€52,487 | +6.6% |
| Amounts payable after more than one year | 17 | €465,200 | €416,668 | -€48,532 | -10.4% |
| Financial debts | 170/4 | €465,200 | €416,668 | -€48,532 | -10.4% |
| Amounts payable within one year | 42/48 | €328,474 | €428,615 | +€100,141 | +30.5% |
| Current portion of amounts payable after more than one year | 42 | €47,086 | €57,390 | +€10,304 | +21.9% |
| Financial debts | 43 | €0 | €9,886 | +€9,886 | |
| Credit institutions | 430/8 | €0 | €9,886 | +€9,886 | |
| Trade debts | 44 | €145,482 | €144,765 | -€716 | -0.5% |
| Suppliers | 440/4 | €145,482 | €144,765 | -€716 | -0.5% |
| Taxes, remuneration and social security | 45 | €82,490 | €143,711 | +€61,220 | +74.2% |
| Taxes | 450/3 | €41,960 | €104,194 | +€62,234 | +148% |
| Remuneration and social security | 454/9 | €40,531 | €39,517 | -€1,014 | -2.5% |
| Other amounts payable | 47/48 | €53,416 | €72,863 | +€19,447 | +36.4% |
| Accrued charges and deferred income | 492/3 | €1,122 | €2,000 | +€878 | +78.3% |
| Remuneration, social security and pensions | 62 | €410,554 | €322,058 | -€88,496 | -21.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,942 | €40,159 | -€7,783 | -16.2% |
| Other operating charges | 640/8 | €4,954 | €105,356 | +€100,402 | +2,027% |
| Gross operating margin | 9900 | €619,652 | €741,468 | +€121,816 | +19.7% |
| Operating profit (loss) | 9901 | €156,203 | €273,895 | +€117,693 | +75.3% |
| Financial income | 75/76B | €1,465 | €200,114 | +€198,650 | +13,562% |
| Recurring financial income | 75 | €1,465 | €200,114 | +€198,650 | +13,562% |
| Financial charges | 65/66B | €40,327 | €32,221 | -€8,106 | -20.1% |
| Recurring financial charges | 65 | €40,327 | €32,221 | -€8,106 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | €117,341 | €441,789 | +€324,448 | +277% |
| Income taxes | 67/77 | €30,688 | €97,027 | +€66,339 | +216% |
| Profit (loss) for the period | 9904 | €86,652 | €344,762 | +€258,110 | +298% |
| Profit (loss) for the period to be appropriated | 9905 | €86,652 | €344,762 | +€258,110 | +298% |
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 1 November 2026 via checked.be.