SKYLOGIC: 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.
SKYLOGIC
Largest movements
- Receivables within one year +€31,927
up €31,927 (+111%), from €28,879 to €60,805
of which Trade receivables: +€41,203
- Cash -€19,866
down €19,866 (-32.8%), from €60,556 to €40,690
mainly Receivables within one year (-€31,927) and Net result for the year (-€9,512)
- Current investments -€18,943
down €18,943 (-71.1%), from €26,624 to €7,682
- Deferred charges and accrued income +€7,597
up €7,597 (+251%), from €3,023 to €10,620
- Tax, wage and social debts +€12,652
up €12,652 (+61.4%), from €20,601 to €33,254
of which Taxes: +€9,768
- Profit (loss) carried forward -€9,512
down €9,512 (-3,028%), from -€314 to -€9,826
- Trade debts -€1,494
down €1,494 (-28.0%), from €5,345 to €3,851
- Staff costs +€15,804
up €15,804 (+30.2%), from €52,417 to €68,220
- Gross operating margin +€8,780
up €8,780 (+15.6%), from €56,241 to €65,021
- Financial charges +€819
up €819 (+26.8%), from €3,057 to €3,877
- Taxes -€733
down €733 (-68.4%), from €1,072 to €339
- Depreciation +€666
up €666 (+59.0%), from €1,129 to €1,795
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 | €125,631 | €127,009 | +€1,379 | +1.1% |
| Fixed assets | 21/28 | €6,548 | €7,212 | +€663 | +10.1% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €6,508 | €7,132 | +€623 | +9.6% |
| Furniture and vehicles | 24 | €6,508 | €7,132 | +€623 | +9.6% |
| Financial fixed assets | 28 | €40 | €80 | +€40 | +100% |
| Current assets | 29/58 | €119,082 | €119,798 | +€715 | +0.6% |
| Amounts receivable within one year | 40/41 | €28,879 | €60,805 | +€31,927 | +111% |
| Trade receivables | 40 | €18,857 | €60,060 | +€41,203 | +219% |
| Other amounts receivable | 41 | €10,022 | €745 | -€9,276 | -92.6% |
| Current investments | 50/53 | €26,624 | €7,682 | -€18,943 | -71.1% |
| Cash at bank and in hand | 54/58 | €60,556 | €40,690 | -€19,866 | -32.8% |
| Deferred charges and accrued income | 490/1 | €3,023 | €10,620 | +€7,597 | +251% |
| Total equity and liabilities | 10/49 | €125,631 | €127,009 | +€1,379 | +1.1% |
| Equity | 10/15 | €93,578 | €84,066 | -€9,512 | -10.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €75,300 | €75,300 | = | 0.0% |
| Distributable reserves | 133 | €75,300 | €75,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€314 | -€9,826 | -€9,512 | -3,028% |
| Amounts payable | 17/49 | €32,053 | €42,944 | +€10,891 | +34.0% |
| Amounts payable within one year | 42/48 | €32,045 | €42,918 | +€10,872 | +33.9% |
| Trade debts | 44 | €5,345 | €3,851 | -€1,494 | -28.0% |
| Suppliers | 440/4 | €5,345 | €3,851 | -€1,494 | -28.0% |
| Taxes, remuneration and social security | 45 | €20,601 | €33,254 | +€12,652 | +61.4% |
| Taxes | 450/3 | €5,991 | €15,759 | +€9,768 | +163% |
| Remuneration and social security | 454/9 | €14,610 | €17,495 | +€2,885 | +19.7% |
| Other amounts payable | 47/48 | €6,100 | €5,813 | -€286 | -4.7% |
| Accrued charges and deferred income | 492/3 | €7 | €26 | +€19 | +257% |
| Non-recurring operating income | 76A | €5,229 | - | -€5,229 | |
| Remuneration, social security and pensions | 62 | €52,417 | €68,220 | +€15,804 | +30.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,129 | €1,795 | +€666 | +59.0% |
| Other operating charges | 640/8 | €581 | €583 | +€2 | +0.3% |
| Gross operating margin | 9900 | €56,241 | €65,021 | +€8,780 | +15.6% |
| Operating profit (loss) | 9901 | €2,114 | -€5,577 | -€7,692 | |
| Financial income | 75/76B | €108 | €280 | +€172 | +159% |
| Recurring financial income | 75 | €108 | €280 | +€172 | +159% |
| Financial charges | 65/66B | €3,057 | €3,877 | +€819 | +26.8% |
| Recurring financial charges | 65 | €3,057 | €3,877 | +€819 | +26.8% |
| Profit (loss) for the period before taxes | 9903 | -€834 | -€9,173 | -€8,339 | -999% |
| Income taxes | 67/77 | €1,072 | €339 | -€733 | -68.4% |
| Profit (loss) for the period | 9904 | -€1,907 | -€9,512 | -€7,606 | -399% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,907 | -€9,512 | -€7,606 | -399% |
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 13 October 2026 via checked.be.