SKYNAM: what changed
Two fiscal 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.
SKYNAM
Largest movements
- Current investments +€29,634
up €29,634 (+97.6%), from €30,366 to €60,000
- Stocks and contracts -€21,127
down €21,127 (-9.9%), from €213,081 to €191,954
- Cash +€7,027
up €7,027 (+66.6%), from €10,551 to €17,578
mainly Stocks and contracts (+€21,127) and Net result for the year (+€18,150)
- Tangible fixed assets -€5,762
down €5,762 (-42.2%), from €13,664 to €7,902
of which Furniture and vehicles: -€5,195
- Profit (loss) carried forward +€18,150
up €18,150 (+10.8%), from €168,630 to €186,780
- Debts after one year -€5,775
down €5,775 (-37.8%), from €15,275 to €9,500
- Gross operating margin +€9,625
up €9,625 (+19.0%), from €50,735 to €60,360
- Staff costs -€7,100
down €7,100 (-17.7%), from €40,015 to €32,915
- Other operating charges +€844
up €844 (+351.7%), from €240 to €1,084
- Financial charges -€783
down €783 (-27.0%), from €2,896 to €2,113
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.
Cash bridge derived
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 | €274,489 | €284,379 | +€9,890 | +3.6% |
| Fixed assets | 21/28 | €13,914 | €8,152 | -€5,762 | -41.4% |
| Tangible fixed assets | 22/27 | €13,664 | €7,902 | -€5,762 | -42.2% |
| Furniture and vehicles | 24 | €12,388 | €7,193 | -€5,195 | -41.9% |
| Other tangible fixed assets | 26 | €1,276 | €709 | -€567 | -44.4% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €260,575 | €276,227 | +€15,652 | +6.0% |
| Stocks and contracts in progress | 3 | €213,081 | €191,954 | -€21,127 | -9.9% |
| Stocks | 30/36 | €213,081 | €191,954 | -€21,127 | -9.9% |
| Amounts receivable within one year | 40/41 | €6,563 | €6,695 | +€132 | +2.0% |
| Trade receivables | 40 | - | €3,699 | +€3,699 | |
| Other amounts receivable | 41 | €6,563 | €2,996 | -€3,567 | -54.4% |
| Current investments | 50/53 | €30,366 | €60,000 | +€29,634 | +97.6% |
| Cash at bank and in hand | 54/58 | €10,551 | €17,578 | +€7,027 | +66.6% |
| Deferred charges and accrued income | 490/1 | €14 | - | -€14 | |
| Total equity and liabilities | 10/49 | €274,489 | €284,379 | +€9,890 | +3.6% |
| Equity | 10/15 | €239,971 | €258,121 | +€18,150 | +7.6% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Capital | 10 | €45,000 | €45,000 | = | 0.0% |
| Issued capital | 100 | €45,000 | €45,000 | = | 0.0% |
| Reserves | 13 | €26,341 | €26,341 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,500 | €4,500 | = | 0.0% |
| Legal reserve | 130 | €4,500 | €4,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €841 | €841 | = | 0.0% |
| Distributable reserves | 133 | €21,000 | €21,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €168,630 | €186,780 | +€18,150 | +10.8% |
| Amounts payable | 17/49 | €34,518 | €26,258 | -€8,260 | -23.9% |
| Amounts payable after more than one year | 17 | €15,275 | €9,500 | -€5,775 | -37.8% |
| Other amounts payable | 178/9 | €15,275 | €9,500 | -€5,775 | -37.8% |
| Amounts payable within one year | 42/48 | €19,243 | €16,758 | -€2,485 | -12.9% |
| Current portion of amounts payable after more than one year | 42 | €7,946 | €5,775 | -€2,171 | -27.3% |
| Trade debts | 44 | €5,845 | €6,880 | +€1,035 | +17.7% |
| Suppliers | 440/4 | €5,845 | €6,880 | +€1,035 | +17.7% |
| Advances received on contracts in progress | 46 | €533 | - | -€533 | |
| Taxes, remuneration and social security | 45 | €4,710 | €4,062 | -€648 | -13.8% |
| Taxes | 450/3 | €1,908 | €1,413 | -€495 | -25.9% |
| Remuneration and social security | 454/9 | €2,802 | €2,649 | -€153 | -5.5% |
| Other amounts payable | 47/48 | €209 | €41 | -€168 | -80.4% |
| Remuneration, social security and pensions | 62 | €40,015 | €32,915 | -€7,100 | -17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,622 | €5,762 | +€140 | +2.5% |
| Other operating charges | 640/8 | €240 | €1,084 | +€844 | +351.7% |
| Gross operating margin | 9900 | €50,735 | €60,360 | +€9,625 | +19.0% |
| Operating profit (loss) | 9901 | €4,858 | €20,599 | +€15,741 | +324.0% |
| Financial income | 75/76B | €53 | €275 | +€222 | +418.9% |
| Recurring financial income | 75 | €53 | €275 | +€222 | +418.9% |
| Financial charges | 65/66B | €2,896 | €2,113 | -€783 | -27.0% |
| Recurring financial charges | 65 | €2,896 | €2,113 | -€783 | -27.0% |
| Profit (loss) for the period before taxes | 9903 | €2,015 | €18,761 | +€16,746 | +831.1% |
| Income taxes | 67/77 | €782 | €611 | -€171 | -21.9% |
| Profit (loss) for the period | 9904 | €1,233 | €18,150 | +€16,917 | +1372.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,233 | €18,150 | +€16,917 | +1372.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.