SKYOPS: 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.
SKYOPS
Largest movements
- Cash +€137,579
up €137,579 (+351.7%), from €39,123 to €176,702
mainly Net result for the year (+€103,704) and Current investments (+€100,000)
- Current investments -€100,000
down €100,000 (-100.0%), from €100,000 to €0
- Receivables within one year -€56,572
down €56,572 (-64.8%), from €87,365 to €30,793
of which Trade receivables: -€71,555
- Tangible fixed assets -€13,648
down €13,648 (-21.8%), from €62,491 to €48,843
of which Furniture and vehicles: -€13,624
- Profit (loss) carried forward -€46,296
down €46,296 (-21.4%), from €216,173 to €169,877
- Tax, wage and social debts +€16,397
up €16,397 (+45.2%), from €36,261 to €52,658
of which Taxes: +€14,647
- Trade debts -€2,967
down €2,967 (-60.5%), from €4,904 to €1,937
- Gross operating margin -€24,547
down €24,547 (-14.3%), from €171,115 to €146,568
- Taxes -€5,707
down €5,707 (-15.9%), from €35,829 to €30,122
- Financial income +€2,705
up €2,705 (+158.8%), from €1,703 to €4,408
- Depreciation +€2,590
up €2,590 (+19.8%), from €13,049 to €15,639
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 | €289,485 | €256,619 | -€32,866 | -11.4% |
| Formation expenses | 20 | €506 | €281 | -€225 | -44.4% |
| Fixed assets | 21/28 | €62,491 | €48,843 | -€13,648 | -21.8% |
| Tangible fixed assets | 22/27 | €62,491 | €48,843 | -€13,648 | -21.8% |
| Plant, machinery and equipment | 23 | €1,682 | €1,306 | -€375 | -22.3% |
| Furniture and vehicles | 24 | €54,765 | €41,141 | -€13,624 | -24.9% |
| Other tangible fixed assets | 26 | €6,044 | €6,396 | +€351 | +5.8% |
| Current assets | 29/58 | €226,488 | €207,495 | -€18,993 | -8.4% |
| Amounts receivable within one year | 40/41 | €87,365 | €30,793 | -€56,572 | -64.8% |
| Trade receivables | 40 | €78,631 | €7,076 | -€71,555 | -91.0% |
| Other amounts receivable | 41 | €8,734 | €23,717 | +€14,983 | +171.6% |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €39,123 | €176,702 | +€137,579 | +351.7% |
| Total equity and liabilities | 10/49 | €289,485 | €256,619 | -€32,866 | -11.4% |
| Equity | 10/15 | €248,320 | €202,025 | -€46,296 | -18.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €22,147 | €22,147 | = | 0.0% |
| Distributable reserves | 133 | €22,147 | €22,147 | = | 0.0% |
| Profit (loss) carried forward | 14 | €216,173 | €169,877 | -€46,296 | -21.4% |
| Amounts payable | 17/49 | €41,165 | €54,594 | +€13,430 | +32.6% |
| Amounts payable within one year | 42/48 | €41,165 | €54,594 | +€13,430 | +32.6% |
| Trade debts | 44 | €4,904 | €1,937 | -€2,967 | -60.5% |
| Suppliers | 440/4 | €4,904 | €1,937 | -€2,967 | -60.5% |
| Taxes, remuneration and social security | 45 | €36,261 | €52,658 | +€16,397 | +45.2% |
| Taxes | 450/3 | €36,261 | €50,908 | +€14,647 | +40.4% |
| Remuneration and social security | 454/9 | - | €1,750 | +€1,750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,049 | €15,639 | +€2,590 | +19.8% |
| Other operating charges | 640/8 | €372 | €1,357 | +€985 | +264.4% |
| Gross operating margin | 9900 | €171,115 | €146,568 | -€24,547 | -14.3% |
| Operating profit (loss) | 9901 | €157,694 | €129,572 | -€28,122 | -17.8% |
| Financial income | 75/76B | €1,703 | €4,408 | +€2,705 | +158.8% |
| Recurring financial income | 75 | €1,703 | €4,408 | +€2,705 | +158.8% |
| Financial charges | 65/66B | €116 | €153 | +€38 | +32.7% |
| Recurring financial charges | 65 | €116 | €153 | +€38 | +32.7% |
| Profit (loss) for the period before taxes | 9903 | €159,281 | €133,827 | -€25,455 | -16.0% |
| Income taxes | 67/77 | €35,829 | €30,122 | -€5,707 | -15.9% |
| Profit (loss) for the period | 9904 | €123,453 | €103,704 | -€19,748 | -16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €123,453 | €103,704 | -€19,748 | -16.0% |
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 2 October 2026 via checked.be.