SKYLINE - TELECOM: 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 - TELECOM
Largest movements
- Stocks and contracts -€55,412
down €55,412 (-38.1%), from €145,424 to €90,012
- Receivables within one year -€13,056
down €13,056 (-20.8%), from €62,880 to €49,824
of which Trade receivables: -€21,429
- Other debts -€30,000
no longer reported in 2025 (was €30,000)
- Tax, wage and social debts -€21,400
down €21,400 (-56.2%), from €38,057 to €16,657
- Trade debts -€17,097
down €17,097 (-29.1%), from €58,690 to €41,593
- Turnover -€604,125
down €604,125 (-45.1%), from €1.3m to €736,571
- Purchases and services -€466,764
down €466,764 (-41.2%), from €1.1m to €665,296
- Gross operating margin -€135,578
down €135,578 (-65.0%), from €208,708 to €73,130
- Taxes -€25,196
down €25,196 (-93.8%), from €26,856 to €1,660
- Staff costs +€21,418
up €21,418 (+50.8%), from €42,121 to €63,539
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 | €528,034 | €455,747 | -€72,287 | -13.7% |
| Fixed assets | 21/28 | €10,976 | €6,085 | -€4,891 | -44.6% |
| Tangible fixed assets | 22/27 | €7,728 | €2,837 | -€4,891 | -63.3% |
| Furniture and vehicles | 24 | €1,855 | €1,237 | -€618 | -33.3% |
| Leasing and similar rights | 25 | €3,473 | - | -€3,473 | |
| Other tangible fixed assets | 26 | €2,400 | €1,600 | -€800 | -33.3% |
| Financial fixed assets | 28 | €3,248 | €3,248 | = | 0.0% |
| Current assets | 29/58 | €517,058 | €449,662 | -€67,396 | -13.0% |
| Stocks and contracts in progress | 3 | €145,424 | €90,012 | -€55,412 | -38.1% |
| Stocks | 30/36 | €145,424 | €90,012 | -€55,412 | -38.1% |
| Amounts receivable within one year | 40/41 | €62,880 | €49,824 | -€13,056 | -20.8% |
| Trade receivables | 40 | €60,547 | €39,118 | -€21,429 | -35.4% |
| Other amounts receivable | 41 | €2,333 | €10,706 | +€8,373 | +359% |
| Cash at bank and in hand | 54/58 | €308,754 | €309,826 | +€1,072 | +0.3% |
| Total equity and liabilities | 10/49 | €528,034 | €455,747 | -€72,287 | -13.7% |
| Equity | 10/15 | €398,849 | €396,093 | -€2,756 | -0.7% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €396,990 | €394,234 | -€2,756 | -0.7% |
| Amounts payable | 17/49 | €129,185 | €59,654 | -€69,531 | -53.8% |
| Amounts payable within one year | 42/48 | €129,185 | €59,654 | -€69,531 | -53.8% |
| Current portion of amounts payable after more than one year | 42 | €2,438 | €1,404 | -€1,034 | -42.4% |
| Trade debts | 44 | €58,690 | €41,593 | -€17,097 | -29.1% |
| Suppliers | 440/4 | €58,690 | €41,593 | -€17,097 | -29.1% |
| Taxes, remuneration and social security | 45 | €38,057 | €16,657 | -€21,400 | -56.2% |
| Taxes | 450/3 | €38,057 | €16,657 | -€21,400 | -56.2% |
| Other amounts payable | 47/48 | €30,000 | - | -€30,000 | |
| Turnover | 70 | €1,340,696 | €736,571 | -€604,125 | -45.1% |
| Non-recurring operating income | 76A | €72 | €1,855 | +€1,783 | +2,476% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,132,060 | €665,296 | -€466,764 | -41.2% |
| Remuneration, social security and pensions | 62 | €42,121 | €63,539 | +€21,418 | +50.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,826 | €1,418 | -€4,408 | -75.7% |
| Other operating charges | 640/8 | €5,125 | €5,029 | -€96 | -1.9% |
| Non-recurring operating charges | 66A | €260 | €3,472 | +€3,212 | +1,235% |
| Gross operating margin | 9900 | €208,708 | €73,130 | -€135,578 | -65.0% |
| Operating profit (loss) | 9901 | €155,376 | -€328 | -€155,704 | |
| Financial income | 75/76B | - | €109 | +€109 | |
| Recurring financial income | 75 | - | €109 | +€109 | |
| Financial charges | 65/66B | €2,128 | €877 | -€1,251 | -58.8% |
| Recurring financial charges | 65 | €2,128 | €877 | -€1,251 | -58.8% |
| Profit (loss) for the period before taxes | 9903 | €153,248 | -€1,096 | -€154,344 | |
| Income taxes | 67/77 | €26,856 | €1,660 | -€25,196 | -93.8% |
| Profit (loss) for the period | 9904 | €126,392 | -€2,756 | -€129,148 | |
| Profit (loss) for the period to be appropriated | 9905 | €126,392 | -€2,756 | -€129,148 |
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 25 October 2026 via checked.be.