SKYLUMINA: 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.
SKYLUMINA
Largest movements
- Stocks and contracts +€82,980
new in 2025: €82,980
- Tangible fixed assets -€68,558
down €68,558 (-92.1%), from €74,474 to €5,916
of which Furniture and vehicles: -€67,851
- Receivables within one year -€19,357
down €19,357 (-38.6%), from €50,151 to €30,794
of which Trade receivables: -€49,157
- Cash -€3,422
down €3,422 (-64.7%), from €5,286 to €1,864
mainly Stocks and contracts (-€82,980) and Advances received (-€36,009)
- Trade debts +€59,233
up €59,233 (+402%), from €14,747 to €73,981
- Advances received -€36,009
no longer reported in 2025 (was €36,009)
- Other debts -€35,410
no longer reported in 2025 (was €35,410)
- Debts after one year +€35,000
up €35,000 (+33.3%), from €105,000 to €140,000
- Profit (loss) carried forward -€29,416
down €29,416 (-43.5%), from -€67,690 to -€97,106
- Depreciation -€21,909
down €21,909 (-95.4%), from €22,954 to €1,045
- Gross operating margin +€4,706
up €4,706 (+34.8%), from -€13,523 to -€8,817
- Financial income +€1,028
new in 2025: €1,028
- Financial charges +€399
up €399 (+18.5%), from €2,154 to €2,553
- Taxes -€239
down €239 (-67.5%), from €354 to €115
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 | €130,859 | €121,990 | -€8,870 | -6.8% |
| Fixed assets | 21/28 | €74,474 | €5,916 | -€68,558 | -92.1% |
| Tangible fixed assets | 22/27 | €74,474 | €5,916 | -€68,558 | -92.1% |
| Plant, machinery and equipment | 23 | €5,846 | €5,139 | -€707 | -12.1% |
| Furniture and vehicles | 24 | €68,628 | €777 | -€67,851 | -98.9% |
| Current assets | 29/58 | €56,385 | €116,074 | +€59,689 | +106% |
| Stocks and contracts in progress | 3 | - | €82,980 | +€82,980 | |
| Stocks | 30/36 | - | €82,980 | +€82,980 | |
| Amounts receivable within one year | 40/41 | €50,151 | €30,794 | -€19,357 | -38.6% |
| Trade receivables | 40 | €49,157 | - | -€49,157 | |
| Other amounts receivable | 41 | €994 | €30,794 | +€29,800 | +2,998% |
| Cash at bank and in hand | 54/58 | €5,286 | €1,864 | -€3,422 | -64.7% |
| Deferred charges and accrued income | 490/1 | €948 | €436 | -€512 | -54.0% |
| Total equity and liabilities | 10/49 | €130,859 | €121,990 | -€8,870 | -6.8% |
| Equity | 10/15 | -€62,690 | -€92,106 | -€29,416 | -46.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€67,690 | -€97,106 | -€29,416 | -43.5% |
| Amounts payable | 17/49 | €193,549 | €214,096 | +€20,546 | +10.6% |
| Amounts payable after more than one year | 17 | €105,000 | €140,000 | +€35,000 | +33.3% |
| Financial debts | 170/4 | €105,000 | €140,000 | +€35,000 | +33.3% |
| Amounts payable within one year | 42/48 | €86,789 | €74,096 | -€12,693 | -14.6% |
| Trade debts | 44 | €14,747 | €73,981 | +€59,233 | +402% |
| Suppliers | 440/4 | €14,747 | €73,981 | +€59,233 | +402% |
| Advances received on contracts in progress | 46 | €36,009 | - | -€36,009 | |
| Taxes, remuneration and social security | 45 | €622 | €115 | -€507 | -81.5% |
| Taxes | 450/3 | €622 | €115 | -€507 | -81.5% |
| Other amounts payable | 47/48 | €35,410 | - | -€35,410 | |
| Accrued charges and deferred income | 492/3 | €1,761 | - | -€1,761 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,954 | €1,045 | -€21,909 | -95.4% |
| Other operating charges | 640/8 | €98 | €101 | +€3 | +3.4% |
| Non-recurring operating charges | 66A | - | €17,813 | +€17,813 | |
| Gross operating margin | 9900 | -€13,523 | -€8,817 | +€4,706 | +34.8% |
| Operating profit (loss) | 9901 | -€36,574 | -€27,776 | +€8,798 | +24.1% |
| Financial income | 75/76B | - | €1,028 | +€1,028 | |
| Recurring financial income | 75 | - | €1,028 | +€1,028 | |
| Financial charges | 65/66B | €2,154 | €2,553 | +€399 | +18.5% |
| Recurring financial charges | 65 | €2,154 | €2,553 | +€399 | +18.5% |
| Profit (loss) for the period before taxes | 9903 | -€38,727 | -€29,301 | +€9,427 | +24.3% |
| Income taxes | 67/77 | €354 | €115 | -€239 | -67.5% |
| Profit (loss) for the period | 9904 | -€39,082 | -€29,416 | +€9,666 | +24.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€39,082 | -€29,416 | +€9,666 | +24.7% |
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 27 October 2026 via checked.be.